Evening Star Newspaper, November 5, 1921, Page 13

| ‘Real Estate I Investments D. . RANKS SECON ~ INHOME OWNERS . ‘Maryland Leads, Washington Following With 5.1 Per Cent Increase. * MORE MORTGAGED HOUSES 1910 Total of 58 Per Cent With s . Free Titles Drops to 44.6 Per Cent in 1920. Home ownership in the District of Columbia increased during the last decade by a greater percentage than in any state, except Maryland, accord- ing to figures prepared by the census bureau. Only nineteen states besides the District showed any increase what- ever, with Maryland leading the Dis- trict of Columbia by a fraction of 1 per cent. In 1920 the census officials found that 30.3 per cent of all homes in the District of Columbia were owned by Their occupants, as against 25.2 per cent jn 1910, an increase of 5.1 per cent. Proportionately, the number of rented homes decreased from 74.8 per ©ent in 1910 to 69.7 per cent last year. A total of 44.6 per cent of all the owned homes recorded in 1920 were free from incumbrance, whereas in 1910 58 per cent were owned free. This . shows an increase in mortgaged homes in the ten years of 13.4 per cent. Homes Total 96,194, The total numbe- of homes in the 4 District of Columbia in 1920, the re- port shows, was 96,194. Of this num- ber 63,654 were rented, 12,354 were owned free from incumbrance and 15,375 were mortgaged. The status of incumbrance for 774 homes was not ascertained, and the question of own- ership or tenancy was not listed in 2,037 instances. According to the preliminary state- ment prepared by the census bureau, B4.4 per cent of the homes in the United States in 1920 were rented, 28.2 per cent were owned by their occu- Dants and were free from incumbrance and 17.5 per cent were owned by their occupants, but were mortgaged. The proportion which the mortgaged homes Tormed of the whole number of homes increased from 14.5 per cent in 1900 to 15 per cent in 1910 and 17.5 per cent ‘in 1920. Defines Term “Home.” The term “home” as employed by the bureau, signifies an abiding place of a single family, and does not. therefore, necessarily denote an en- tire dwelling. which may house a number of families, as in the case of an apartment building. Moreover, two or more families may occupy an ordinary dwelling house, it is pointed t. The _total number of. homes enu- merated in 1920; identical with the number of “familles, was 24,351,676 . Of this number 12,943,598 were rent- ed and 10,866,969 were owned by théir eccupants, and for the remaining 54 118 the faets as to tenure were not ascertained by the enumerators. In computing percentages the rela- tively small numbers of homes for which the facts as to ownership or incumbrance were not found by the MICHIGAN > P 'ARK SUNSHINE HOMES 12th and Mich. ave. BIXTY SOLD. IMMEDIATE® DELIVERIES. Homes in town with ground all around for less than houses in a .row. Exhibit open to 6 o’clock. BUNGALOWS HOUSES - ALL LOT8 75-FT. FRONT . Take 11th or F or N. Cap. st. car ~ wmarked “Brookland” to end of route, or for information call Main 6935; after 5:30, Col. 6521. utilities. Bounded by Mass. Ave., Road (Cathedral Ave.) at 32nd St. the new management, is offered at and prices. Ave. Open to 9 p.m. DAUGH & “No Place Like Home; No Home Like Ours” the south and adjacent to the beautiful Conn. Ave. bridge on the east. It contains unquestionably the finest home sites in the city and, under * urhan property miles farther out sells for. Some desirable 50-ft. lots as low as $2,000. Buy now and build your “Dream Home” from $12,500 to $100,000, according to_location. A plat of this property is also exhibited at our Sample Home, 2727 Conn. ‘Tenth Floor, Woodward Building, 15th and H Sts. Main 6935 BANKERS AND REALTORS URGED TO CO-OPERATE Jesse H. Hedges Makes Plea Before Directors of Northwest Savings Bank. Necessity for co-operation between banking and real estate interests was emphasized by Jesse H. Hedges, local realtor, in an address this week be- fore the directors of the Northwest Savings Bank “Real estate is a ranking business in Washington, and as the capital city of ghe richest nation in the world it mult continue s0,” declared the speak- er. “The absence of large industrial and manufacturing interests neces- sarily leaves & surplus lot of bank de- posits to be invested. The logical Dlace for the investment of such sur- plus is in real estate, and when the country’s need of funds for repairs because of the war are satisfied, and the so-called short-term notes are 1less frequently offered, our surplus bank funds will go more and more into real estate and cause further ex- pansion. In fact, the future supply of such funds will be a silent but| potential influence in building. Ini such mutual relations between the realtor and banker the realtor should be a useful bank director because of his knowledge and experience. “The realtor as a director of 2 bank is in a position \to know the money market and interest rate and whether funds are available. He can serve his cllent better by being able to advise him before buying or selling a build- ing and what loan can be expected. Ho is often in a position to offer good loans to the bank and influence a bor- rower to give the bank his account.” | enumerators have been apportioned among the rented, owned-free and owned-incumbered ~groups in the same proportions as the homes for which reports as to ownership and incumbrance were made. The proportion which rented homes: represented of the entire number of homes increased from 53.9 per cent in 1900 to 54.2 per cent in 1910, and to 54.4 per cent in 1920. In the country las a whole, a slight increase in the | percentage of rented homes . took place during the last decade, ‘while home ownership was increasing in the District of Columbia and- the other nineteen states. The largest proportional decrease in home owner- ship took place in Maryland, from 56.1 per cent in 1910 to 50.1 per cent in 1920; while the largest proportional increase appears for North Dakota from 24.9 per cent in the earlier to|X 34.7 per cent In the latter year. BUYS SCHOOL BUILDINGS. Catholic Service School for Women Officials of the National Catholic Service School for Women have pur- chased the large fireproof buildings located at 20th street, Belmont road and 19th street northwest, it is an- nounced. 7 The buildings are adapted for edu- cational purposes, havi rooms, :nd' accommodations for eighty stu- enty. Connecticut avenue bridge. :Dl;lprl!es several thousand square ee The negotiaitons for the property were conducted through the office of J. Leo Kolb for Edward A. Arnold of . BUSINESS SECTION ~ The Foening . St WASHINGTON, D. C., SATURDAY, NOVEMBER 5, 1921 Bulldings at 20th and Belmont streets bought from Edward A. Arnold of New York, through the office of J. Leo square feet. % Has Fine Looation. g large class- dining halls an _auditorium, The property overlooks the ‘The land The consideration Mortgaged Homes Increase. The percentage which mortgaged homes represented of the total num-l ber of homes owned by thelr occu- pants fncreased from 31.3 per cent in 1900 to 32.8 per cent in 1910; to 38.3 per cent in 1920. Only three states— Vermont, North Carolina and Missis- sippi—showed decreases in_this re- spect between 1910 and 1920, the in that for Mississippi. In one state— North Carolina—there was no change. In general the most striking in- creases in the proportions of incum- bered homes are those for the eight Rocky mountain states, in four of | o which—Montana, Wyoming, New Mex- |ico and Nevada—the percentage that i incumbered homes formed of the total owned homes in 1920 was more than double the corresponding percentage in 1910. Rented Houses Decrease. Extending the tabulation to.sixty- eight cities of 100,000 or more inhab- itants, it was found that forty-five showed a decrease during the past dec- ade in- the percentage which rented homes formed of the entire number of homes. In three cities there was Ino change and in the remaining WOODLEY PARK Exhibit No. Open 9 to 9. Between Woodley rd. and Catbedral ave. The largest, best located, de- signed, constructed and the most complete home in the N.W. for the money. Two stories, at- tic, library, two fireplaces, three | baths, two showers, breakfast, sleeping porch, chauffeur’s or maid’s room; single or double garage at cost. MASSACHUSETTS AVENUE PARK THE IN TOWN SUBDIVISION Consisting of séveral hundred wooded acres of individual lots, group ‘ lots and villa sites, miles of improved streets, sidewalks and other public west of Sheridan Circle, Woodley on the north, Rock Creek Park on prices no more than high-class sub- Call or telephone for plat SHANNON, Inc. 1409 New 1620 gonne Terrace (16th and Col. Rd.) Open daily until 9:00 P.M. - WILLIAM RE PHILLIPS Phone Main 98 Semi-detached - 4 Bedrooms 2d floor. Overlooking Roc k- Creek Park. . At 3 car lines. Unreproachable neighborhood. ‘High quality con- struction. Livable plan. Every convenience. Interior decorations: —new—refined. In all, a-House of no : regrets. York Ave. twenty the percentage increased. The proportion which mortgaged homes formed of the total number of homes | owned by their occupants increased City, Ka ton, Pa., and Spokane, Wash. (oThe Thost pronounced changes be- i ween 2 o - largest proportional reduction being | Jgco which rented_homes formed o the entire number of homes are those for the following citie: Camden, Philadelphia and Los An- geles. 5 The most striking changes between 10 and 1920 in percentages which incumbered homes represented of the total owned homes were in the fol- lowing cities, in each of which the percentage was one-third greater in 1920 than in 1910: lanta, Louisville, Richmond and Youngstown, “Everything in Real Estate” the reference and arbitration committee of the board or the board of directors, as ocal sumed the facts will not stand the ligh As m duty to the public and wullty thereof—From the code of ethics, Nationnl Associntion of Real Estate Boards. REALTORS’ ETHICS - SCHOOL FOR WQMEN'PURCHASES LARGE QUARTERS. - - Kolb. of 28th Street. west side of 28th street mated. The Earl B. Culley. 2793 28th stree 3825 Woodley road 3509 W road Crowthe odley week by the National Catholic Service School for Women The grounds contain several thousand NINE HOUSES STARTED. New Operation Begun on West Side Nine homes have been started on the between Woodley road and Cathedral avenue! by the firm of W. C. and A. N. Millér. | The houses will be ready for occu- pancy within sixty days, it is esti- second group of dwellings erected by this firm in Woodley Park is_reported sold out, as follows | |Pryor, 2747 28th street; Clara F. L 49 28th street; Florence B. Kinsel, 2801 28th street, and Lawrence J. and Emilie F. Potter, 2803 28th street. firm also reports the sale of to_Samuel Helen MacClintock of 3511 Woodley road to Charles A. Robinson and of to Frank B. and e 27th street northeast; every city except four—Kansas Los Angeles, Calif. Baltimore, Akron, Albany, At- | Dallas, Houston, New Orleans, Norfolk, | Baltimore, 2840 FOR SALE OR LEASE 344 Pa. Ave. N.W. A good. Business Prop- erty. Three-story Build- ing-—with elevator. 25x128 Feet FOR FULL PARTICULARS APPLY N. L. SANSBURY CO., Inc. 1418 Eye Street Main 5904 isidor Freund, 27th $21,000. Isidor Freund, to build homes 28: BUILDING PERMITS ISSUED THIS WEEK Galliher & Huguely, to build office 963 Florida avenue; cost, $4,000. David M. street; cost, $1,000. M. & R. B. Warren, to build home 3711 Brandywine street; cost, $6,000. M. & R. B. Warren, to build 3708- 712 Brandywine street; cost, $14,000. to bulld homes 2830- northeast; Kee, street to repair 1239 U 2839 $2 W. Conklin, Joe Marchi, street; co. Sorrell cost, $4,20 000. 3928 Harrison street; cost, §! J. B. Higdon. cost, Open for Inspection All Day Sunday No. 1414 Webster Street N.W. One of the best built houses in the City. Six good sized rooms, tile bath, hot-water heat; electric lights; i large attie; sleeping porch; hardwood floors. Pficed Reduced to 310‘,250: For Quick Sale BOSS & PHELPS 1406 H St. N.W. Exclusive Agents to repair 812 Main 4340 cost, 17th to build home, 2903 20th street northeast; cost, $6,000. to repair 2813 00 14th 0. to repair 1739 F L. E. Breuninger & Sons, to build home 1604 Varnum street; cost, $20,- ‘Washington _Accessories Company. to build, 1705 L street; cost, $7,000. Allan E. Walker Company, to bulld, to’ build home, 3009 South Dakota avenue; cost, $6,500. Paul Himmelfarb, to build, 1900 M i i TR "BEST LOCATION IN THE CITY PRICES ARE LOWER TERMS ARE SATISFACTORY Our Construction is the Best Money Can Obtain We Have No Competition as to Value Don’t Fail to Make an Immediate Inspection 1202 to 1224 Jefferson St. N.W. Take Any 14th St. or 9th St. Car to Houses' Every Modern Convenience ' Six Rooms and Bath Very Large Porches Front and-Rear Lots 139 Feet Deep to Wide Alley Exhibit House Open.Daily and, Sfimlay 1321 New York-Ave. :Don’t Be ~ Until 9 P.M. Misled—See for Yourself * All the surrounding houses recently built and sold for' é several thy more. D. J. DUNIGAN : Phone Main - 1267 | 1 |ington Real Estate Board about the {the ceremonies of the burial of anl} B. | unknown soldier on Armistice day. HOUSING REQLESTS " SOONFORPARLEY Real Esiatg Board Plans ~ Night and Day Work to Handle Applications. QUICK LOCATIONS IS AIM Experts Also Planning to Provide for Government’s Guests for " Armistice Day Ceremonies. Concerted requests for housing accommodatiops in connection with the conference on lfmitation of arma- ments are expected to reach the spe- clal housing committee of the Wash- middle of next week, it was declared today by Percy H. Russell, chair- man of the committee. Arrangements have been made to have a sufficient number of members of the committee at the offices of the real estate board both day d night ! to handle the work, so that the vis- itors will be located, as.quickly and conveniently as possible, it was stated. Twe Distinct Tasks. The housing experts have about completed arrangements for tak- ing care of the official visitors to Washington, Mr. ~ Russell reports. This committee had two distinct tasks | to accomplish in recent weeks: First, securing housing facilities for those expected in Washington in connection | with the conference, and, second, pro- viding for the Invited guests of the government who will participate in In the first matter the board has; sted and classified several hundred propertics, ranging from single rooms to completely furnished dwellings and apartments. These properties are now ready and available for any of the foreign visitors and newspaper men. Up to the present time, how- ever, there have been no requests made to the board for accommoda- tion, it is announced. The ~ special citizens' committee, headed by Commissioner Rudolph will maintain an information burea at the Union station and see that those seeking quarters are properly | directed to the office of the real estate board. A large sign has been | placed on the building in front of | the board's offices, 1319 F street, indi- | cating that the housing headquarters are located there. Provision for Armistice Day. | The second matter. that of securing | rooms for those invited to the Armis- tice day ceremonies, was undertaken at the request of the War Depart- ment. This work was made neces- sary by reason of the fact that the hotels were only able to accommo- date about one-half of those invited inue at K street, fand the citizens of Washington re- | ference. Classified BUSINESS BLOCK INVADES THOMAS CIRCLE SECTION Two-Story Store and Office Build- ing Under Construction on Site of Old Residence. Construction of a two-story store and office building on the site of the former old residence, 1 Thomas circle, at the intersection of Vermont avenue and M street with the circle, is being prosecuted by Charles H. Tompkins and George N. Ray, local builders. The structure, which will cost| about $125,000, will be of stone and | concrete construction and will be fireproof throughout. There will be six stores on the ground floor and seven offices_on the second, with an entrance on Vermont avenue. The rental end of thd project will be handled jointly by the offices of Randall H. Hagner and Harry L. Rust, who will lease the various portions of the building for the owners. The razing of the old home which stood for years at this point marks the most recent invasion by business interests into the former downtown residential _ stronghold. Fifteenth street, running into Vermont avenue and forming an extension of the ave- and the lettered streets intersecting 15th street have of late years been converted from residential to business purposes by rapid de; sponded to the appeal of the board in a most patriotic and generous man- ner, some of the rooms being listed absolutely without charge, Mr. Rus- sell asserts. A total of over 800] rooms were listed and. while at first that seemed to be more than neces- sary, subsequent developments have changed the situation. . The War Department has received requests in large numbers from rela- tives of deceased soldiers who desire to attend the memorial cere®onies, and the department is anxious that the relatives of the men who made the supreme sacrifice be comfortably | housed while in Washington. It also! has developed that the American| Legion will have a large representa- tion In Washington in_addition to| those “otfi ly invited by the gov- ernment. The War Department like-| wise desires to assist these war veter-| ans. Th tors will remain in Wash- ington not to exceed from November 9 to November 1 Owing to the tem- porary use of the rooms listed, prac- tically all of them came from private homes and private families, and the willingness to open their homes to those heroes connected with the| world war was actuated by a high| sense of patriotism, it is stated. War Department to Pro le Booth. For the convenience of the visitors the War Department will establish in Union station a special information booth for those coming to Washin ton in connection th the Armistice | day ceremonies. This booth is en- tirely distinct from that established for the purpose of aiding those com- ing in connection with the arms con- The War Department in- formation booth will be equipped th a card system containing all of the rooms listed through the real estate board, and the visitors will be as- signed and directed to their rooms at the Union station. The services of the real estate board in_ connection with this matter were confined merely . Finance Ads. 10 Pages OCTOBER PROJECTS TOTAL §3,364608 Building Permits for Month Far Exceed Those Issued in September. NEW HOTEL BIG FACTOR Records on Which Figures Are Based Mark Inauguration of Housing Drive. Building permits issued during the month of October in the District of Columbia far exceeded in total valua- tion those of the month previous, rec- ords in the office of the District build- ing inspector show. Construction projects approved in the last two weeks of October alone provided for a greater financial in- vestment than did all the permits for September combined, it disclosed. Building permits totaling in value considerably more than the $1,841,944 total for September were granted local builders during the second half last month, according to an unofficial compilation of figures. It is reported that the total for October was $3,354,605 $1,400,000 for Hotel. This decided increase was due partly to the issuance of a permit for the new Hamilton Hotel, construction of which is progressing rapidly at 14th and K streets northwest. This single item carried an estimated investmeni of more than $1.400,000. The remainder consisted of extensive home-building enterprises which marked the inaugu- ration of Washington's 1921 fall hous- ing drive, and of various commercial club, church and similar projects, in addition to many private garage - According to the monthly report of the building inspector, dwellings to cost ¥1, 540 were contracted for in October. partments, included in the list, totaled, in value, i The report shows 161 dwellings to be built, 97 of brick, 2 of tile and 62 of frame construction. A total of 259 buildings of all descriptions were erected during the month. Most of the construction work was to be done in the northwest section of the city,” the report distlo: Buildings costing $1,746, corded for the northwest, 18,800 for the northeast, $16, east and $385 for the southw modeling and repair work, £256,293, W reported from all se is home-building enterprises were provided for in the list of per- mits for the week just ended. One of the items in the list which attracted attention was a permit for a garage costing $6,000. taken out by formcr to securing the list of rooms, which has been turned over completely by the government. It seemed that 500 additional rooms were needed, A Flat. need? balanced real stone wall space is in evi of excellent proportion. & Luchs idea and interesting. There is a the War Department. POSSESSION BEFORE DECEMBER FIRST & LUCHS NEW SHANNON BUNGALOW Hamilton St. N.W. at 13th St. N.W. 14th ST. TERRACE WASHINGTON'S MOST CONVENIENT SUBURB $1,650 Cash and Only $97.00 Monthly (Including All Interest and Principal) Placing it within the reach of practically every family who is paying a rent equal to any Northwest Four-room Every day you put off Buying a Home you are adding that many days of worry to your existence. Your own Government, in a crisis, saw the need of having you own your own home—haven’t you felt that DESCRIPTION First of all, this is a completely detached home, sensibly planned and essentially artistic. The large living room is made doubly attractive by the addition of a well- fireplace. The dining room is exceptionally well lighted and lots of ence. A thought-out kitchen with our usual high sink and drain board, and ample windowed pantry is decidedly homelike. The private stairway and clothes closet in this home are distinctively a Shapnon master bedroom and two other bedrooms The closet space in all of the bedrooms is so much larger and different from any- thing you have seen as to be startling. In fact, in one home one of our closets was converted into a buffet kitchén. N Our cellars are very different from what you are accustomed to seeing—they are made a real part of the house and we make our 1 part. The finish is mahogany and white and natural. Decorations and fixtures at your selection within our contract. ideal for children. This is a man’s home as well as a2 woman's. And with a lot 160 feet deep, 5,660 square feet of ground and two schools right in the subdivision, it naturally follows as ASK THE FAMILY WHO LIVES IN ONE TO INSPECT 14th St. car, stop at Gallatin St., one square south, or -Ingraham St., one square north; Georgia Ave. car, stop at Hamilton St., walk west. NOTE * It is worth .every minute of your time to see the development we are making in this community. In our lasf’ operation 16 Homes were sold within two weeks of < the completion of the sample home. i Drol:) postal -for descriptive booklet. SHANNGN- & LUGH OWNERS AND BUILDERS 713 14th St. N.W. porches an equally important President Wilson, to be erected iu the rear of his home, 2310 S strect northw