Evening Star Newspaper, June 13, 1925, Page 13

REAL ESTATE. SLIGHT RENT DECREASE IN CITIES IS REPORTED Settling to Stationary Condition With Few Increases Shown by Survey of Real Estate Association. rents are stabilized is 7 per cent great- er than the percentage so reporting in the similar survey made in December last. It is, however, 2 per cent less than the percentage reporting stabil- fzation in the survey of June, 1924. The Central Eastern section shows | the most uniform tendency toward lowering rents. Of the cities from thi; section 38 per cent report a tendenc; down for rents in large apartment buildings. Rising rents are reported only on single-family’ dwellings, and only & per cent of the cities report any increase in this type. The Southeastern section, on the other hand, is the only section where a tendency to rising rents predomi- nates. Here 50 per cent of the cities report rents rising in single-family dwellings, and only 7 per cent a down tendency. Canadian cities report no upward rent tendency in any class; a station- ary condition Is reported by every city reporting for all types of multiple- family dwelling. A down tendency in single-family dwellings is observed in reports of 20 per cent of the Dominion cities Rents in large cities average in gen eral twice, in some classes of propert three times, that charged in the small- | er cities reporting. Single-family dwell- | ings of the middle class in locations of erate desirability show the leas The rent charged for this 3 ies from an average of ap- proximately $7.50 per room per month i 5.000 population to ued on Nineteenth Page) Residential rents are settling to a stable condition in a large pro- portion of American ties, with a slight movement downward indicating, according to a survey of the national real estate market situation now being complled by the National Association of Real Estate Boards from reports prepared by its constituent Rgards. Of 225 cities reporting in the survey > per cent indicate stationary rentals. Twenty per cent of all reports indicate a tendency downward on rents. Only 8§ per cent report rents rising. No city of over 500,000 population reports tendency of rents to in crease, while one-third of them report a downward tendency. The survey also brings out the steady disappear- ance of the post-war building short- sge. Only 32 per cent of the citles < y-nine per cent report a $hortage of apartment buildings. Only #3 per cent report a shortage of bu: buildings. the same time 67 s out of the report overbuild- ing in some form. The present stabilization of rents and the accompanying slight tendency downward is doubtless the result of the disappearance of the buflding shortage and of sporadic overbuilding, the report suggests. While the most frequently reported average rent per Toom per month has increased for | some types of dwellings and in cities | of certain population groups in others it has decreased. There is no uni- formity in the movement Tercentage of cities reporting that The Movement of Residential Rents, June, 1925. In Cities Classified According to Size. 1N ALL CrTiES N CITIES OVER 500.000 BOWN 31% IN CITIES LESS TMAN 25.000 1 MATIOnAL A88OCIATON 0 MtAL S4TA j— The above chart shows the movement of residential rents over the coun- try as reported to the National Association of Real Estate Boards in a semi- annual survey just completed. The percentage of cities reporting a stabiliza- tion of rents is larger than in June of 1924. Only 11 per cent of all cities re- porting indicate increasing rents. The percentage of those reporting a down- ward tendency increases with the size of the city. It is notable that no city of over 500,000 population reports increasing rents. Stationery 3718 Harrison St. Chevy Chase, D. C. A new and beautiful detached co- lonial brick home in the finest part of Chevy Chase, less than a block from Connecticut Ave. Center hall plan, 11 rooms, 3 baths, extra lavatory on first floor, two-car garage. Open All Day Sunday lin"an e | been ruled a nuisance in | estate hoards of the National Associa CKEEVER=<GOSG..., ntd THE EVENING STAR, WASHINGTON s D. C, SATURDAY, JU HOUSE PLANS FOR Logs in Camp—Or Shingles in Town Charm, Convenience and Economy of Space and Money Characterize This Plan. This little house was designed es- pecially to be bullt in the country, upon the bank of a small stream or on a hill from which a fine view may be had. For the sake of the view the porch has been designed in a rather unusual way. We have imagined this house with the porch side toward the view and have cut off the corners of the porch and made the steps approach it from the two corners instead of the ends, to do away with the corner posts. This plan enables any one sitting in the living room to have an unob- structed view through the door or windows of the room. The windows are so placed that any one sitting at | them will not have the view interfered | with by the pillars of the porch. By | making it oct: a dittle more in- terest has been added to the exterior | of the house ' | We have suggested that this house be made of shiplap lumber merely be- cause this is a_cheap form of con struction, but the house may easily | be made of logs, because the dimen ons have been made with a possible n quired, a door could be cut through the storage e, where the window now is shown and a porch built along that end of the kitchen. By extending studying d storage space at Real Estate Board Secretary. BALTIMORE, June 13—Resi- | dential rents in Baltimore are settling to a stationary condition- with a| slight movement downward, accord- ing to a survey just completed The survey, according to C. Philip Pitt, secretary of the Baltimore real estate board, also brings out the steady disappearance of the post-war building shortage in Baltimore. o Some realtors and builders are un der the impression that Baltimore is , the e complete a Gas Station Nuisance. A gasoline and oil ‘lusive residence service station ection has | L rec ¢ cision handed down by the County, Ohio, Court of Appeal use of logs in mind this porch to the end of the bedroom ated by the hall or p: thy the top of the house, back of the chimney for a little seat anything not in use in the living —B;L-‘EMQRE f;ENTAL RATéf Because this house will probably be ‘.\ulr» walls and the shingles be dipped green as preferred, and the win- adzed. chimney should be of the end of the | little kitchen— make for overbuilt in some sections and un-|small family comforf which will deal entirely with build- | vear-round home for a small family P ce. This is to admit of the open- days of roughed camping. If decision will be of interest to eem entirely at home standing among be seen by the | side of the house an outdoor sleeping plan, the living quar the | horch may be had sleeping rooms are di epar- | = - L Rl s ¢ There is a small by allowing either unit to be used in- | dependently, which assure the utmost | put under the whole house, no extra privacy for both: Space Is left at the | storage will be necessary, as there will be plenty of room in this basement for and there is a large fireplace with seats at one end of the living room. | quarters, and if the cellar is finished It a tiny Kitchen porch were re-|properly,‘one need not be afraid of | dampness built mon trees it should be as un. obtrusive in color as possible. IS BECOMING STATIONARY | SUgsest that the wood used on the Dk in creosote. This not only preserves | the wood, but gives it a warm, pleas- Slight Movement Downward, Ac-|.nt tone. The roof could be brown or -ames the same shade as the The pillars of the porch should be either rustic or uare and roughly stone In a plan as simple as this is little chance for originality—yet deep fireplace and wide window closet for dishes, the narrow pa | way for convenience, the mfort in a small space. This house, which is 361 by 42 feet in size, would accommodate Qerbullt in others and to ascertain|mer home, and a house built on the the exact situation another survey is | same floor plan, but a little more sub- being made by members of the board, | stantially, would make a pleasant ings already built and not occupied,| If this house were to be built those under construction and pro-f roughl posed buildings. {be made to include an outdoor fire- air fire at night—a plan which |is steadily growing in favor, evolved from the regular camp fire and the mp idea were carried out, the most leal material for this design would be logs, of course, for then it would he trees, and at the same time be m and substantial. Small houses o look well, should be as harmonious tion, to property owners and to stu dents of city zoning. but if a cellar is | We | there | living room, with its| unusual | a camp, the chimney might | the | REAL ESTATE. HOME PLANNERS | 'days and delightful evenings—three small but pleasant bedrooms with bath, | __small family. RS | North Europe Softwood Source. orth Europe, comp ia, Finland and Russia impor source of softwoods he international lumber trade, the normal annual exports amounting approximately 7.000,000,000 feet. This lumber is shipped all over the world. with the site as possible, thereby | tracting little attention to th | selves. Native planting will carry out this idea and will cost nothing but the | labor. | since the price of material and labor | vary so materially in different locali | ties we do not attempt to give an esti- | mate as to cost, but suggest that vou | consult vour local builder, who can give vou detailed info ion to the costs of your exact needs to be ing lled in this design For informa- | ¢ at o andi ORDERS REMAIN HEAVY. W YORK, June 13 (®).—Unfilled ders of the Allis Chalmers Manu 11924, | gain of 14 per cent; 118 Centr: A porch which makes the most of its outlook—a living room built for happy | and @ well arranged kitchen, make this plan a desirable prospect for any | the | to| CAPITAL RANKS SIXTH IN BUILDING ACTIVITY Permits Nearing $3,000,000 a Week and Construction Is Assuming Propor- tions of Great Boom. nd Phila Los Angeles for anuary went With building permits in the tional Capital steadily increasing number and value construction here continue: long boom proportions. In May Washington ranked sixth among the 25 leading cities of the country where building has been most activ With every prospect of a record calendar and fiscal year in prospect here, the National Capital has more than kept pace with the increase in construction throughout the country. Starting off the first of the year with permits amounting to the unusual total of more than $1,000,000 per week, construction has steadily gained | until ‘last week the permits hovered | around the $3,000,000 mark. teenth; Dallas from twenty-fourth to Only cities very much larger than |seventeenth; Kansas City from twen Washington and great commercial |ty-fourth to twentieth; Jersey City re centers are ahead in_ construction.|turned to a headliner positign a These cities are New York, Chicago, |long absence; Portland, Ore., rose one Detroit, Los Angeles and Philadel- | place, to twenty-second; Clev phia. | San Francisco, Newark and Baltin B At the office of the building in-|were the only leading cities which spector plans are continually being |showed losses from May, 1924 filed at a rate that indicates that the | Twenty-five cities showing present prosperity in the building in- | volume of permits for dustry here will not slacken for some | pared with May, time.” Some of the projects that are| 1. New now being discussed but not vet| 2 closed will send [‘- rec: s of con-| struction in the Na®onal Capital soar- | ing beyond the dreams of most p if they are successfully consumm With a total of $6,181, ing here last month constructio creased over May, 1924, by $1,219 Building permit reports W. Straus & Co. from 36 nd towns show a gain over May, 1924, of 16 per cent and for the first | five months of the vear 4 per cent The total for this May was $393.| 92 ch of the four regions of the country showed gains over May, In the East 104 cities had & 1 cities, 40 per cities, | Los Angeles, 89 per cent, in | delphia, 32 per cent the first time since ahead of Philadelphia, which stood fifth in May, with Washington sixth, two cities ahead of its April positicn Boston rose frcn. twe''.} h w seventh in M. Miami stroge Leck into the 25 leading cities, to eighth place, with a gain of 380 per cent Rochester rose from twentieth place in April to ninth in May: Pitts burgh from thirteenth to twelfth Springfield, Mass., came into the 23 lis for the firs time. Cincinnati rose from nineteenth to fourteenth: Milwaukee from seventeenth to fif largest . Los Angeles Philadelphia Washington, D. C. . Boston 12 per cent; cent, and 18 per cent The 25 leading Greater New York, over May, 1924, of 21 per cent. 1 York's increase was 9 per cen cago, 25 per cent; Detroit, 1 per 4 Southern cities 79 Pacific Western Jersey Cit 2 ortland, Oreg. .. cities, _including | 23. Baltimore showed a gain er Massachusetts Park Washington’s most beautiful residential section of detached homes. Containing sgven million feet of forest-covered land, with six miles of improved streets. Includes what remains of The Triangle of Increasing Values between Connecticut, Massachusetts and Cathedral avenues. {1 Over 200 homes from $15,000 to $200,000 built and under con- struction. Actual improvements and home values exceed $8,000,000. Wooded villa sites, lots, central and side hall homes, with lots from 50 to 115 feet front. Park Office, 32d St. and Cathedral Ave. tion as to the '‘procuring of building | plans of this de: n 8, send a |stamped and self-addressed envelope | to the Real Estate Editor, The Star 1 ! (Copsright George Matthew Adams ) facturing Co. have been hovering wround the monthly mark of $10,000, 100 since the first of the vear, May 1 kings of $10.190,000 beini ahead of the $10,140,000 on April 1 SUPERLATIVE VALUES Your Time Will Be Well Spent in Inspecting Open Sunday After 2 P.M. This home is especially well adapted for a doctor’ it has 12 big rooms, 4 baths and a large built-in garage. Modern in every respect and in splendid condition. Good terms can be arranged. S D e B L L L SN Main 4752 These Homes 2710 Cathedral Ave. Open Sunday After 2 P.M. Just a block from Connecticut Ave. across from Cathedral Mansions. 11 rooms, 3 baths, 2-car garage, large li- brary on second floor with open fireplace. Complete apartment on 3d floor. Serv- ant’s room and bath in basement. Screens, awnings and weather strips. Raxiny slightly | Main 4752 Middaugh & Shannon, Inc. ESTABLISHED 15899 Riggs-Semmes Bldg., Dupont Circle, Potomac 2200 | | | | In Cool Jefferson Park A delightful Spanish Bungalow in a close-in Virginia suburb that is even more attractive than the picture—built of concrete. Six rooms, bath, ‘built-in garage, all absolutely fireproof. Drive out the upper road to Alexan- dria to Jefferson Park and turn to right or call Alexandria 37-F-21. Open All Day Sunday “KEEVER ={GOS g 1415 K St.