The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-05-17
REAL ESTATE.
ACTIVITIES ON.
UPWARD TREND
Brokers Say Public Is Be-
ginning to Recognize
Opportunities
SALES INCREASE
is REPORTED HERE

HCndersonvillc brokers were in
accord today in the belief that
real estate values are on the up
grade and that the spring and
summer will witness the greatest
activity in this line in the last sew
eral years. according to a survey
made for The Times-News.
They based this belief on the
number of actual sales made in
the last few weeks, the increasing
number Of inquiries regarding
real estate investments. the pros
pect of a large influx of summer
visitors beginning in earnest about
June |, and the upturn in general
business conditions which now IS
regarded as an actuality rather
than an optimistic forecast.
All the brokers interviewed en-
phasized the ACCESSIBILITY of invest
ing early in real estate, which, like
commodity prices, they said, are
almost certain to rise. While the
commodity price rises will be due
to the sales tax, the inflationary
policy of the federal government
and similar causes. the rise in
realty values will be due to the
public's conviction that no other
investment offers so great an OPP
portunity for safety and stability
and appreciation III value, they
said. Asked for their opinions on
the real estate situation. the bro
kers gave the following opinions:
G.. L. Anders Realty Co.-"Our
sales are greatly stimulated. We
have utmost confidence in real
estate values in Henderson coun-
ty. OF a dozen sales recently
made, two were for $1,000 each.
We might mention few, such as
the Ledbettcr farm at Rugby to
Mr.. Zickgraff Of Augusta, Ga;
the Hasbrook property on Willow
street TO DR.. J. s. Brown, ST.,
and the l.. J. Pace home on Will
low street to Professor Burch of
Farm School. Salamanca, n. G..
Now is the time to buy. for the
present prices cannot and will not
remain at the prevailing low
level"
H. Walter Fuller.-"Smart peo-
pie are already picking up real es-
tate bargains; others not so bold
will wait a while and pay higher
prices. Before this year is out,
real estate will be the most popu-
lar investment. Next year every
body will be buying real estate
for investment, and then all too
soon another real estate boom Will
start"
Ewbank & Ewbank.-"It is be-
coming more and more evident
that the public mind is coming to
the realization that the funda--
mental investment value is well
chosen real estate and that it Is
the only thing that ore can ac-
tually produce a living from when
all else fails. At this time much
valuable property can be pur-
chased we'll below its reasonable
value and we firmly believe that
investment in property, if we'll Sc
lected, will show the purchaser
substantial profits as the country
RECEIVERS. There is now much more
inquiry from outsiders than there
has been for several years and
nuite few sales are being made.
These buyers have confidence IN
our section and realize that this
is the time to buy. We are look
ing forward to better business
conditions and an encouraging
| season"
Maxwell Real Estate Cove
have been in business Is years and
never during that time have such
splendid opportunities for protiIt
| in real estate investment been Of
fered. The public is realizing this
fact as evidenced by our sales IN
the last six weeks. During that
time we have effected 16 sales"
Thos. f. Thrower.-"Together
with several prominent business
men we are organizing new real
estate company. We have had
this under consideration for sew
eral months, only waiting for the
right moment. 1t has arrived and
we will rise to meet the demand.
One of our policies will be to
boost everything and everybody,
and lend our services in any way
we can to the community to work
hand in hand with other real es-
tate brokers and business men IN
a constructive program for this
section"
H. G. Love.-"I've been in the
real estate business % years:
Real estate is the backbone OF
prosperity and wealth. This back
bone is stiffening rapidly. Pres,
ent prices cannot hold. They will
gradually rise. Recent sales have
been most satisfactory and I'm
now negotiating more deals by
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