Evening Star Newspaper, December 1, 1923, Page 16

—~—OPEN— 2828 Conn. Ave. Delightful, well ‘lighted new home with side lot, near Conn_ave. bridge. Well de- signed and spacious through- out; two-car brick garage. Attractively priced with convenient terms. $3,500 cash; $175 monthly. Your Realtor or An Excellent Home in a Most Desirable Location 2940 Brandywine St., N.W. Fast of Comnecticut ave.. on street toe pened. into Rock Creek Park. ached via Conmecticut ave. and 1 Beautiful granite & texture llls construction. 11 rooms, 2 the, 2 extra lavatories, 2 concrele floor rehes, 14327 living room, 14317 din- ng room, oak floors. Bronse screens. Large Lot—2-Car Garage Shade Trees Must Be Seen to be Appreciated . Price, $24,850 Discount for Sale This Month Open Daily ADAM P. RUTH Owner and Bullder Columbia 2776-J OPPORTUNITY To obtain business property on rapidly advancing street within one block of 12th and F Sts. at a price %4 of F St. value; sub- stantial 3-story brick bldg. Con- templated improvements on this street wiil greatly increase value of property. No doubt of en- hancement. Splendid if you can use it for your business. Price, 3500000 if sold immediately. Will remodel to suit tenant and lease for a term of years. Walter A. Brown 1400 H St. Main 1653 SEE THESE Semi-Detached Brick Homes! Six Large Rooms Built-in, Heated Garage All the refinements of homes selling for more than double the price. AT LEAST ONE THOUSAND DOLLARS under the price of anything of | equal merit. We will make terms to suit you. 823 Quackenbos St. N.W. Take Georgia Avenue cars to Quackenbos St., one square east to houses. Charles M. Wallingsford J. A. Connor 1036 Woodward Bullding Telephone: Main 2000 Central and Active Location Present Rentals, $5,220 $60,000 Thomas J. Fisher & Co., Inc. 738 15th St. N.W. Main 6830 Open forv Your Inspection Tomorrow | | repor ! The American real estate market, conservative index of American busi- ress conditions, has been more active during the season just coming to a close than during any other season in the business history of the continent, according to & survey of real esta conditions generally throughout the United States and Canada just com- Pleted by the National Association of Real Estate Boards, The rent situation nationally, as it now is and as its outlook indicates; the national housing situation, ti relationship to all business activity the labor altuation, with which it is knit; the present marked suburban movement in the growth of American cities, and the money supply for financing real estate development of all kinds, are reported on at first hand very section of the United of the survey, constitut. ul b tric reading for )8 o rican business activity, are based on reports of con- | atituent citles. Future Prosperity Indicated. Approach! ilisation of several of the factors that underlie the pres- ent unprecedented national real esta actlvity Is indicated, the survey finds. While it is imposstble to predict with certainty the course the market will take in 1924, the situation at present seems to point to a continuation of | i present activity, and there are some indications that 1924 will surpass the présent banner year, the summary Indications found rentors, property Ow: bullders and to student: of interest to orde were erected during months of 1923 than during the same period of any year In the history of the American continent. 2. Ry ve Increased largely the country over, both for business and for residential property, but in gen- eral they are becomin bilized at the present levels. Res! 1 rentais show the stabliising tendency more no bullding situation, with its important real estate boards In 240 | g Y | wave will be used. strongly than busi rentals. The situation {s more stabilization_in cltl population, 72 per port residential rents stationary. 3. Rents are following the course of the costs of bullding. While accord- ing to the most authentic index of|{ living costs rents are now 25 points higher than other commodities, pre: ent rents are low compared with the cost of construction. Before rents decrease perceptibly there must a decrease in the cost of bulldins. 4. Great inroads are being made in the national bufldin, .noru{a vhich was so pronounced after the ar. Shortage is most acute appar- ently in the east and far west. There is prevalent throughout the reports the Impression that the pply of housing accommodations and busi ness structures is about to reach a st of equilibrium between supply and demand. Small Dwellings in Demand. 6. The greatest demand at the pres- ent time in the real estate market is for small single-family dwellings. Sixty-elght per cent of the citles re- porting Indicate a shartage here, whereas only 54 per cent report & shortage in apartment houses Only 43 per cent report a shortage in bus- iness structur . Amount and value of bullding céonstruction has been extraordinary, making it safe to assume that the {increase of 23 per cent over the rec- {ord year 1922, maintained, according to the United States bureau of labor for the first six months 1923, will be fairly well mal tained for the whole year if not made still_greater. despite the fallure to top last year's June building cre: v cities answering, 223 state that with all the tremendous construction there is no overbullding of any kind. 8. The suburban movement in the farger citles, pronounced tendency of present day city growth, is, gen- Al eaking, greater 'than last ‘and 1s likeiy to be continued. ar, . ' Money for investment in real en(slte is co:;nplrnllvely plentiful, In- | terest rates are reasonable in nearly very section. |§\;;)e sre“e“k" f6r business property i4 reported better than last year by 57 per cent of the real estate boar to the survey. tTh‘l mat et for residential property is re- :o:mfl better than last year by &5 per cent of the board Los Angeles Leads. Los Angeles tops the principal cities of the country in gains shown over last year in real estate trans- fers and conveyances, Wwith an in- crease for the first nine months of 46 per cent, but survey of nineteen principal cities indicates that the na- tional high-water mark of 1922 has been surpassed this year by an av- erage of 30 per cent. In only one city reporting Is there a decrease shown in the numl ot transfers recorded. This is Fargo, N. D, North Dakota is suffering from the low price of wheat and the adverse con- i | ditions lurround?nl agricultural pro- e of some kind is ed by practically all the larg ities of the e However, of twe! ty. e cities of more than 200,000 opulation twenty report that they ave caught up with their building program and may be considered nor- Finds Unprece- tated 49 per cent of the cities and 76 per cent report the situation.the same or better than last ye: 50 per cent of the citl reported higher, but bon In nearly ages are apprentices in relief. While there is at present an in- clination for prices of bullding ma- terials to decline, the survey finds resent level doubtful whether the nation can experlence any decrease In the cost of housing accommodations. Acceleration of the movement toward subdivisions, result of the crowding and constant growth of larger cities, {s reported by 70 per cent of the citles answering the questionnaire. While the movement may not Increase particularly in t future, it may be expected to main taln a constant level, the survey pre- icts. RADIO USED TO BOOST WORTH OF HOME TOWNS “Home-town" talks and home-state talks have come into an audience as Canadian ° cities—are in- ited to ‘“tune in” for Denver at § o'clock, mountain time, on December 4, when the Denver Real change will have the “ai ing & lar Tuesday night program for broadcasting facts in regards to Denver and Colorado. A 350-meter The Davenport, Iowa, Real Estate Board has already begun a radlo service. ' . VI MT. modern improvements. double siding. lanx}: fireplace in living room. and river. water. Lot 100x430. Fenced in. This house is just recently complet- | cd. Price T T SO ERNON BOULEVARD Near Hume School (Opposite Side from School—Sign On Property) | Owner going South, must sell beautiful six-room bungalow with ali | | Oak floors throughout, double floors and Sun_parlor, larg sleeping porch S Hot-water heat, electricity and terms on application, ESTATE. THE EVENING BTAR, WASHINGTON, D. O, .SA' DAY, DECEMBER 1, 1923. ' 16 REAL , SATUR i [|Country’s Prosperity Reflected Through General Building Boom National ' Association of Real Estate Boards in Survey dented Conditions With Future Bright. REALTY FIRM LISTS SALES FOR WEEK Three-Story Building on 18th Street Bought by James E. Duke. Sales of properties during the past week were announced by Boss & Phelps,.as follows: 5 A house at 3201 19th street north- west, owned by Floyd Kramer, wa purchased by James E. Duke. Th 8 & three-story house having . nine 0oms and will be occupled by the new owner. Mabel | A. Cox bought & detached house, located at 4426 7th street northwest, owned by Georgia 'T. Monroe. The house has six rooms. Walter H. Robinson sold his former LUMGER LUMB LUMBER QUALITY BUILDINGP Then be sure you don't start false materials. You won't make a mistake if you order lumber from us. Ask others! “Better lumber here” Galliher & Huguely Sherman Ave. & WSt. N.W, Phone North 486 porte cochere, |i tern exposure, overlooking city Electric range. Running Double garage. Chicken house. Inspect Sunday or all week. See These Homes Today Open for Inspection Daily and Sunday 2to9P.M. $6,950 Many have been looking for- ward to an opportunity of buying a home at this price in convenient northeast location. A brief description is given be- low. Six Rooms and Bath Hot-Water Heat Electricity Built-In Garage—Paved Alley in Rear Many Other Features No. 625 Orleans St. N.E. (Between 6th & 7th—L & M—N.E.) Tel. Main 6861 1515 M Street N.W. home at 724 Rock Creek Church road northwest to This ho containing elght rooms. at 708 Q street north: Johnson. D. Gaskill a house at 1130 Buchanan est. Thli northwest, Andrews, No. 3005 Albemarle Street| ‘The Best Value in a Hlxh-cl-:u Detached Home on the Market Center-hall plan, with large living room, dining room, libra- ry: pantry and kitchen on first [ floor. Four large bedrooms, in- closed sleeping porch and two beautiful baths (one with show- er), on second floor, and two bedrooms, bath and storage rooms on third floor. The lot is 76x150. The locat! 1 g dEenin Jn sl bt fo TO INSPECT--Take Conmecticut Avenue car to Albemarie Street and walk one square east. Also 2807 36th Place Massachusetts Avenue Heights Between Fulton and Garfield Sts, just off Mass. Ave. Similar house of the same plan as above, lot 104 feet front, side and rear alley. PRICT, $25,000. Open for inspection tomorrow. MOORE & HILL, Inc. 1420-1422 H St. N.W. Main 1453 WIll move to our mew efiice, T30 17th St, abeut December 1 ree! one square east of Connecti- Massachusetts Ave. 'Heights 3610 Garfield Street N.W. (Drive Out Mass. Ave. to Garfield St.) A splendid detached brick home. Center- hall plan, combining superior location, sterling construction and marked individuality. One of the most beautiful homes in exclusive Massa- chusetts Avenue Heights. Open for Inspection Today and Sunday Lighted Evenings N. L. Sansbury Co., Inc. . “Everything in Real Estate” 1418 Eye St. N.W. _Phones Main 59034 Members of Washington Real Estate Board Vincenso . ieonérdo. 18 o semi-detached colonfal| A mew house recently Agnes J. Doyle sold a brick house rchased to Julla The house has six rooms. Joseph Zirkle sold a house recentl completed to Emma_V. P. Triepel situated . at street. Mount ~Pleasant The house contains six rooms. owner was represen Joseph J. Murray bought from L. Petty. is a colonial 3350 17th street y- Maj. Frank N.|lagh was bought by Mary J.!for manufacturing purposes. 1923 Park Road $11,000 A Value You Cannot Duplicate The owner of this property has placed this price upon it to effect a sale at once. This 1s a thoroughly modern tapestry brick home, three deep rooms deep, with all such improvements as hot- water heat, electric lights, three fine porches, garage, etc. Open for Inspection 11 AM. to 6 P.M. To inspect—Take Mt. Pleasant car to Park Road and walk west to property. Wm. S. Phillips Realtor—Exclusive Agent 15th St. at K N.W. any bought a n the rear of 1312 owned by M. 4600 There’s Nothing Beter For Colored People Than these newly finished Homes, in a most select neighborhood— Columbia Road (Between Georgia Ave. and Sherman Ave.) They are of thoroughly modern construction— they are planned and finished in a masterly fashion, and the arrangement of the various rooms will reduce housekeeping to the absolute minimum. It's a splendid location, you'll agree. These Homes have six rooms; bath, hot-water heat, gas, electricity, front and back porches and hardwood floors. Sample House is at 753 Columbia Road N.W. Open for Inspection—Day and Evening Reasonable Prices—Easy Terms B. B. Pinn, %< Representative 712 Kenyon Street Phone Col. 5817 Only 3 Left Modern in every detail. You must :ome out and inspect these well appointed } homes to appreciate the great value at SAMPLE HOUSE: 716 Decatur Street N.W. To inspect, take any Ninth Street car to Georgia Avenue and Decatur Street; walk two blocks east to property; or phone for free auto service. 'MORPIS Owners and Builders 913 15th Street N.W. Chevy Chase New Detached Bungalow An unusual opportunity to acquire an attractive home at a low price. Discount made to purchaser who can make a large cash p: sy 5241 Forty-Second Street N.W. (Corner 42nd and Ingomar Streets) DESCRIPTION House contains six rooms and bath, with space for two large rooms and shower on second _flogr, open fire- place, hot-water heat, electricity, best built-in fixtures in bathroom and kitchen, plenty of closets, immense cellar, hardwood floors, side-wall lights with plenty of floor plugs. Nothing 'but the best workmanship and material has gone into this house. An Inspection Will Surely Confi'nce You OPEN SUNDAY, 9 TO 6.P.M. M. C. Monahan (Owner) Cleveland 904 3215 35th St, Holt. This house is of trame con- struction, containing cight rooms. completed Company at son J. Quimper. This is a brick house containing six The Washington Ornamental Com- brick bullding 2th street north- e M. Gal- The building will be used REAL ESTATE. First Time Offered at Once Jameson-Built Homes When you inspect the many features in these homes at 1010 to 1016 C St. SEE. SAMPLE HOUSE 1012 C St. SE. —you are convinced you have seen nothing to compare with these at the price asked. Only two squares from beau= tiful Lincoln Park. Six large rooms, tile bath, hot-water heat, electric lights, cement front porch, kitchen orch, large sleeping porch, eautiful living room ang din- ing room, kitchen with one- piece sink, built-in ice box and many other extra features. Sold on Easy Terms Thos. A. Jameson Co. 906 New York Avenue i QR R For Colored of the Better Class GLENDALE Our homes are sold as fast as completed. No use to wait until they are entirely finished, as the chances are that the one you preferred will be gone. . . Five rooms, large lot, room for garage, electric light, range, heater. 2 left on 44th St., Cellar and Furnace . . $4,350 3 left on Brooks Street . ........... $3,750 1 left on Dix Street . .. .... e e ..$4,150 9 being completed on Clay Street . . . . .$3,750 A Group of Six on 42nd Street That Will Be Completed About January 15 We are sure we can suit you as regards design, location, price and terms Come Out Sunday Take H Street Car marked “D. C. Line,” get off at 44th St. at the Three-way Sign, walk south into Glendale, or motor out Benning Road to 44th Street and go morth past the new school. Ask Mr. Beverly to explain our new payment system No reason why you should not own your home WILLIAM P. IRVIN Owner 1410 G Street N.W. Phone Main 3908 Exceptional Homes In every respect Of most attractive designing—Colonial (like the picture) and other types—all of imposing exterior and ultra comfortable interior. 36th and Edmunds Sts. Mass. Ave. Heights A superb location—a fitting environment for these unique and refined Homes. They've been planned for effectiveness and com- fort; and they've been built for lifetime enjoyment. Our best in workmanship and material have been put into them. The heating equipment is of the best, as is also the kitchen installation. Butler’s pantry, plenty of closets and double garage. The foundations are of stone—with artistic stone fireplaces. There are three baths and extra lavatory. The woodwork throughout is excellent and the decorative fea- tures most cffective. The lots are large—the lawns and foundation planting are already in. They are open for inspection —every day and evening 1f motoring, ride out Massachusetts Avenue to 36th Street and turn at Edmunds Street. The Wisconsin Avenue cars are but a step away. Built, Owned and For Sale by Harry A. Kite Member Washington Real Estate Board 1514 K Street Phone Main 4846