Evening Star Newspaper, May 31, 1924, Page 15

REAL ESTATE. - NATION’S REALTORS HERE TUESDAY FOR MEETING ‘Momentous Problems in Housing to Be | Discussed—More Than 3,500 Dele- gates and Visitors Expected. ! BY WILLIAM J. WHEATLE Broad problems facing the realtors ©f the nation will be discussed at the unnual convention of the National Association of Real Estate Boards which s to convene here Tuesday, #nd which will bring to the Capital city men and women influential in the business of their respective com- Juunities to help solve such problems s housing, subdivision, handling nor- “mal and abnormal population growths gnd, not the least important, the ©, “Ncing of real estate on a profes- . Mpal basis by providing college 1 qgrses. _ . Ahis convention will bring to the f #apital city one of the largest dele- sations ev sembled, and the local real estate board will not overlook an opportunity of pointing out to these delegates that this is their Capital city, and let them take the word back 10 their respective commumities. More 1han 3,5 sons are expected, clud ves and daughte the delegates. Many boards will send tlieir entire membership, and not & few of them are coming by special train, bringing their own bands and some of their own entertainment. But he Washington board has been work- ing for weeks in the preparation of « program that will not leave an idle moment while the realtors are here. Sesston at Theater. The convention sessions will begin morning with a general ses- Keith's Theater, and each morning a general session will be held there, while in the afternoon the convention will break up into eight subdivisions, each with a_specialty to tuke up and discuss. The conven- tion will close on June 6. dy delegates are beginning to nd some of them have sent guards to open headquarters. Jlaborate preparations ve been made for receiving the delegates and yegistering them at each of the s where they been a nd a cent tration has thut one dele- stablish _contact ascertain_on a another may st where he can moment’s notice § find_that delegate. Al trains will be met by details from the local board, who will pro- vide transportation and see that the visitors are comfortably located in tie quarters assigned them. Work Is Subdivided. convention will work upon more than 200 subjects, and there will b ne 200 speakers. As all of he speakers arc considered author- on the subjects they will han- nd as it is impossible to han- dle them all at one general session, it is ne to divide fter- noon m The it dle, the the W chairmen H. Kins and * division, Cody, Chi- ment sec Swavyne, 150; home- and subdividers’ division, 1 farm Faast, Eau industrial property di- on, s B. Beardslee, Chicag d realtor secretaries’ division, Mau- vice Dunn. Louisville, Ky. The se «ions of these sections will be held in rooms at the Willard and Wash- ington hote The general headquarters of the convention will be at the New Wil- la~d Hotel. The officers of the Na- tional Association are: President, H. R nis, Kansas C My urer, Hiram 8. Cody, retary, W. H. Dyer, Cincinnati; vice residents, A. J. Kelly, jr., Pittsburgh; nk H.' Purrington, Boston: Rus- 11 C. Hill, San Antonio: Caldwell orton, Louisville; Paul C. Loeber, Chicago; Ogden A. Confer, Minnea- Benjamin Watkins, Atlanta; C. Claude D. SEASONED have been in the lumber business for many years and you will find our long seasoned lumber is hard to beat. Priced right. “Better lumber here” Galliher & Huguely Sherman Ave. & W St. Northwest Phone North 486 4302 Chesapeake St. NW. Detached Large Lot ¢ High Elevation Large Rooms Finely Finished Screened: Large Closets Low Price Easy Terms Convenient to Stores Schools Churches Cars Allen C. Minnix 1416 F St. N.W. prop- | Richards, Salt Lake City and W. H. Boseley, Toronto. Tea for Woman Visitors. For a number of weeks the local board’s convention committee, under the general direction of John A. Petty, executlve secretary, has been working out plans for the hospitality to be showered on the visitors. Auto- mobile sightseeing trips around the |city have been mapped out, and a number of automobiles commandeered. Printed maps have been issued, and these will be distributed to the visi- tors. One of the big features of the entertainment will be the ladies’ tea at Wardman Park Hotel Tuesday af- ternoon. There will be a reception and dance at the New Willard Tues- day evening. A boat been charted to take the women to Mount Vernon on Wednesday, on which trip the Industrial Boys' School Band of Birmingham will furnish music. A number of bands and glee clubs will accompany the delegations here, and some of these will be presented at the reception and dance at the Willard Tuesday night ' The delegates will visit the White House Thursday at noon and that afternoon will go to the tomb of the Unknown Soldier, at Arlington, where appropriate ceremonies will be held. University Man Spenks. One of the principal subjects at the convention will be the education of the realtor. Dean Ralph E. Heilman, head of the school of commerce of Northwestern University and a mem- ber of the joint committee on busi- ness men and educators, which is working out a complete course in real estate education, will be the principal convention speaker on this subject. He will indicate the present scope of real estate education and will outline the possibilities of real estate and its allled subjects in the future protessional preparation of the realtor. Paul Steinbrecker of Chicago, chairman of the national as- fon's committee on education, will outline the work which real es- tate boards are doing in fostering real estate courses. The following delegates will repre- sent the Washington Real Estate Board at the convention: Ben T. Webgter, J. C. Weedon, H. L. Rust, sr.; Morton J. Luchs and George Y. Worthington, together with the fol- lowing alternates: Horace G. Smithy, Edmund D. Rheem, William S. Qui ter, Lee D. Latimer and Willlam K. Hartung. WILL HEAR WOMAN. Head of Loan Association to Ad- dress Local Realtors. Miss Ann E. Rae, president of the United States League of Local Build- ing and Loan Associations, will ad- dress the convention of the National Assoclation of Real Estate Boards here next week. Miss Rae will speak on the subject of “Bullding and Loan Assoclation Service.” She will talk on Tuesday afternoon, in the small ballroom of the New Willard Hotel. Besides being president of the na- tional league, Miss Rae is president of the Niagara Permanent Savings and Loan Assoclation of Niagara Falls, New York, She is a past president of the New York League of Savings and Loan Associations, a director in the Land Bank of New York, and was the florfat Wwoman director of the cham. commerce of th agara Falls, N. Y, CLpas A Unique Roof-Line Lends Distinction An Interesting Design for Stucco Cottage. Simplicity of design in the small house should be the ideal from begin- ning to end, for the charm which in- vites our attention is the result of simplicity, convenience and beauty. The small house must never imitate n large house or seek to reproduce In a small way the points that make a large house beautiful We fire frequently asked if a design could not be made smaller and be kept just as it is, only every meas- urement made smaller. This, of cdurse, cannot be done without mak- ing the house look like a badly pro- portioned dwarf. If the house is to be small this fact must be reckoned with from the start. It has even been sald that it is possible to design a small house along such cxquisite lines that it will make the large house appear ungainly and awkward in compari- son. This, of course, is a possibility, but we must admit that it is a rare thing. This little house, we belleve, fur- nishes the maximum of comfort and beauty for the expense. It has a charm which is rare indeed in the small house—the result of most care- fully thought out details. To these ex- quisitely proportioned lines add the beauty of tone thich may be achiev- ed by careful selection of the stucco coloring and, if the purse will allow, a roof of the lovely, soft shades of the multi-colored shingles—and you have a whole which Is practically perfec- tion. The hall has the sort of recessed porch which is found so satisfactory. Here the snow-covered overcoat or wrap may be shaken, or the muddy rubbers removed, while one is well lin the shelter of the tiny entrance. Then it is only a step to place them in the coat closet at the left of the hall, to dry and be made comfortable for future use. The - fireplace invites us into the living room and is so placed in the corner that one chimney may do for the kitchen and living room. The din- ing room {s bullt with a partition to shut it away from the living room. but the house could be arranged without this if one large room is desired. Every inch of space in the kitchen, the placing of every table, of the sink and shelves, has been thought out in relation to efficient housework. The bathroom on the second floor is di- rectly over the kitchen, for economy in plumbing, and the large bedroom Is shut away from the bathroom through the hall by two doors, o that in case of sickness the room could be kept absolutely quiet. The closets in the bedroom are built on the side of the house under the sloping roof, in order to use this space with economy. This house could be bullt with equal success of brick, or of clap- boards, or of shingles. The construc- tion we suggest of stucco on metal -DINNGRM- \Zi0¥(z:0 ~LIVINGR'M 140x16:0" 340 The maximum of comfort and beauty for the expense involved is offered by this unusual design for a small home. lath is naturally more durable than the shingle ho It is cooler in summer and warmer in winter. The house is 34 feet wide and 29 feet € Inches deep. Therefore it can *ysily be built on a 50-foot lot, and would be quite as charming in a city as built in the surburbs or a smaller town. In fact, it is a wonderfully well rounded design and would fit in with the landscape in almost any section of the country. Florida, Cal- ifornia, Tllinois and Malne each secm to claim it as a design exclusively thelr own, when we think of it as built In th sections; and indeed this Is true, for correct proportions are suitable to any locality—the ma- terial to be used, only, should typify he section in which a house is to built. Taste differ less to try to suggest the coloring either the inside or the outside of the house, but we would say that harmony must be striven for through so greatly that it is simplicity rather than elaborateness Decide on one dominant note, such as gray, cream or white, and then choose a color for trim that blends with that. By a careful selection of ex- quisite tones of whatever material is used—stucco, roof and trim—and the blending of the planting with this, you can rest assured the result wil be a really exquisite bit of a home—the gem that is so rare in the small house. Since the prices of materfals and labor vary considerably in differ- ent localities, we do nbt attempt to give a definite estimate as to the cost of building according to this plan, but suggest that you suit your pocketbook as to the kind of ma- terials to be used, and then consult a local builder for detailed informa- tion as to the building costs. For further information as to pro- curing the building plans of this house design No. 30, send a stamped and self-addressed envelope to the Real Estate Editor, The Star. pyright, George Matthew A WILL BUY ONE OF OUR BEAUTIFUL HOMES, WITH PAVED STREET AND ALLEY, NEAR CENTER OF CITY the Capitol “Just a Healthful W ” SAMPLE HOUSE (Between 6th and 7th—F and G Streets) “Everything in Real Estate” " Phones Main 59034 Members Washington Real Estate Board 1418 Eye St. NW. “A Pleasant Restful Ride” 614 MORRIS STREET NORTHEAST Open for !nspecfion Daily and Sunday Six good size rooms and bath, electric lights, hardwood floors, hot-water heat, front and rear porches. Deep lot, garage. N. L. SANSBURY CO., Inc. COURT TAKES APPRAISAL. Growth in Work of Real Estate Service Is Rapid. Official appraisal by the local real estate board's appraisement commit- tee has been accepted by the su- or court over appraisal figures submitted by the court's referees in n award in a recent case of condemna- ation proceedings brought in Pasa- dena. Calif. The figurés submitted by the Pasadena Realty Board, in the case, were somewhat higher than those submitted by the court's ref- erees. The work of the Miaml, Fla., realty board® appraisal committee is an in- stance of how rapidly the furnishing of an authoritative appraisal service is growing throughout the National Assoclation of Real Estate Boards, ppraisals made by the Miam! Board's committee for the first four months of the year covered a total valuation of eleven million dollars worth of property, an average of two and three quartets million a month. REAL ESTATE. n REAL ESTATE ACTIVITIES RETURNING TO NORMALCY Fourth Semi-Annual Survey of Natiorial Association of Real Estate Boards Makes Report. The unprecedented activity which made the year 1923 a record year in the real estate market Is gradually subsiding fnto a state of normal activity throughout the country, ac- cording to the fourth semi-annual survey of real estate conditions over the United States and Canada ju completed by the Natlonal Assoc tion of Real Estate Boards. Returns reported from 229 member hoards i dicate that the market Is in a very healthy condition. It maintains a| level of great activity, in which, nevertheless, buying is cautious and demands that actual value lie behind asking prices. The conclusion drawn from the re- ports is confirmed by data which the national association has been col- lecting from county recorders and from members of the American Title Association covering the number of transfers and conveyances recorded from month to month over a perind of vears. The data shows that the number of transfers recorded is on a level with 1923 for the country as a whole. 1t is expected that an index of real estate market activity can be con- structed from this data as soon as they are complete. Such an Indes will enable a more accurate measure- ment of the activity of the market than has herectofore b possible. The following conclusions are clearly indicated in the answers to the questionnaires: No Sharp Reaction. (1) Although the unusual condi- tions of 1923 might have been e pected to bring on a sharp reaction, no sharp reaction has so far taken place. Many cities report the market more active than last yvear, but a con- siderable majority report it the me or not quite so active (2) The national building short- age, which was enormous at the end of the war pe A, is rapidly being met by the largest volume of build- ing construction ever recorded in the history of the country ad | will 3) oney for the development of Road (Cathedral Ave.) streets. Oftice, 32d and Cathedral Ave. annoyance. Member Washington Only 3 Left The Triangle of Increas —between Connecticut Ave., Massachusetts Ave. and Woodley 238 acres. Zoned or restricted against apartments, stores and community houses. Over 175 homes from $15,000 to $200,000 built and under construction. Actual improvements and home values exceed $7,000,000. \Wooded villa sites, lots, central and side hall homes, with lots from 50 to 115 feet front.’ Park real estate, for the most part, is plentiful,_ but investors and lenders are assuming an attitude of caution |and severity, particularly toward spec- ulative enterprises. (4) The labor situation in the building trades is becom{ng more and more satisfactory. (5) As to building shortage. the largest existing need continues 1o be small single-family ~ dwellings Fifty-six per cent of the citles re- porting indicate g shortage of this type of structure, as against 68 per nt in the assoclation’s similar sur- of November, 1 Single Dwelling Demands. The large demands for single-fam- ily dwellings at reasonable prices is doubtless one of the factors in main- taining a normal real estate market the report points out. If a readjust- ment_comes in the cost of consiruc tion it is likely that this latent de- mand for single family dwellings at smaller prices will assert itself and provide employment for the building industry as well as consider- able activity in the real estate mar- ket for some time to come. reatest activity in the Teal estate market over the nation 1s reported from the southeastern section, em- bracing Georgia, Florida, Alabama and Mississippl. Variation between * sections is not so great as it was at the time of the November, 1923, sur- vey. Thirty per cent of the cities repo ing indicate that the residential real market is as active as last 33 per cent report it not s while 37 per cent report it still more activi Thirty-five per cent report the business property market better, 43 per cent the same and 22 per cent not so active. The market for residential property Is obviously slowing up most uniformiy on the Pacific Coast, where 45 per cent of the citles indicate that the market is not so active. Forty-one per cent in the central tern sec- tion report that the market is not so active. The market is best in the southeastern section for both resi- dential and business property, wher 78 per cent of the cities report a bet- ter residential Maésachusetts Park ng Values Six miles of improved (Woodley Road). Inquities in person, telephone or letter receive intelligent answer without Middaugh & Shannon, Inc. Since 1899—No Place Like Home; No Home Like Ours Riggs-Semmes Bldg., Dupont Circle, Potomac 2200 Real Estate Board. INSPECT 5410 13th St. N.W. An Outstanding Value in a Semi-De- tached Brick Home, Solidly Built on Solid Ground. Practically Your Last Opportunity to Buy a New Brick Home in This High-Class Established Location. EIGHT BEAUTIFUL ROOMS TWO BATHS TWO-CAR GARAGE " D. J. DUNIGAN 1319 N. Y. Ave. & MAIN 1267