Evening Star Newspaper, October 31, 1925, Page 21

REAL ESTATE. |PROTECTS HOME BUYER y REA”Y I.EBTURE i FROM “JERRY” BUILDING [ ville Real Estate Board. A plan of certlfication for residence construction, the purpose of which would be to protect the home bu rom ““jerry” building and give him nce of the staying qualities of | purchasing is under | tion by the Louisville (Ky.) Jstate Board ard has appolnted a commit tee of three to investigate the feasl. bility of @ plan through which dwell | ings may be graded as to their con on quality. The grading would | wso determine the structure’s loan value. FOR CO-OPERATION. Property Management Now| Reduced to Basis of Sci- ence, Class Is Told. Thrift and Home Ownership Aim in Realty Field. To bring about tion in the c study and res: a closer co-opera- | of thrift and home} imittee of three has appointed by the United | s League of Local Bullding and fations (o confer with the Association of Real Estate ‘gents fn 1 ness, he s eoture dec e rent dep: beer Orleans, an of the v members | nden, N Atlanta, e 5. Howeve seen a noted ch: 1d the rer . West of !lords are now eagerly competing with | each other to se 3 o | ment of internal problems, THE EVENING S'[‘;fl(, \VASHINC;TON, D. C., SATURDAY, OCTOBER 31, 1925. | countries that are not now on a gold basis. This will doubtless bring about BRIGHT FUTURE IS SEEN FOR BUILD- | i ot e e e e ING IN EUROPE | it S thelr requirements. s ' » Large Citles Active. _(Continued from Seventeenth Page.) | “Notwithstanding the situation now | existing in nee and Italy, there | is considerable real estate activity in the larg both countries. The latter better condl- tion politically than ance because of the strong hand of seolinl. But Italy cannot become permanently and substantially prosperous until her French neighbors reach more propi- | tious times. b - my obser estate values in the 4 1. Tt is my belief that the nation needs a leader powerful enough to carry out & strong constructive policy of financial reform. “During the da lowing the arm well as local head over heels tion of the p of German re result the nation today finds itself con- fronted by almost ruinous costs of | operation. k : franc is unstabilized 1 mmediately fol- | the nationa fon that real rer cities of . ily the re. idly Inereasing and is belng spent In sitorrs from North | fon in England v there is lag uch unemploy tions will adjust the Continent of stabilization come with the reial sity but indusi r fing building op . and ment is willing to subsidize builders In order to help bring some relief to the housing situation, “Soonor or later France, I believe, will go back to the gold standar and her example will then be quickly by all the other there is abundant and stable. The Inglish are a wonderful people, and one is moved to profound admiration for the manner in which they have| faced all their grave post-war prob | lems, maintaining throughout the stirring developments of reconstruc- tion years a firm faith in the destinies [of the empire, a responsibility for the needs of humanity and a venera tion for the noblest traditions of the British natlon. Germany Recovering. | “Germany at the present time scems to be recovering from the ef. facts of the war more rapldly than any other Furopean natfon. The restora [ tion af the gold mark has been of | untold value in affecting stabilization Much bullding is going on in the principal German cities, and they are | bacoming more and more American | zed in their types of construction. “This tendency to adopt American types of building, prevalent in many | European citfes, including London, { | means that our building and real | estate interests are bound to be af-| | fected more and more by the Euro. | pean situation. From present ap | pearances it would seem that as soon | as France returns to a gold standard you will see i great amount of new butlding he leading French, Ttal- | fan and glish citles, which will be | hopping from one| | in an effort te he ne S: | subject of insurance will be dlscussed ples at times While 1 ! I b o sy 1y lucate . Ave., e Country wern new home, just hollow tile construc- ce *tion. & heat; garage. $65,000 Thomas J. Fisher & Co., Inc. 738 15th St. N.W. ons of the ¢ Main 6830 {{!Detached Corner Home In-Town Corner Mount Pleasant and Newton Streets Northwest i€ the class the | 2 .E. Corner 17th and S Sts. Now Being Re-decorated Elevator Service Easy Walking Distance to Downtown Revised Rent Schedule WM. H. SAUNDERS 1433 K St. N.W. Deal With a Realtor CO., Inc. M. 1016 I Representative on Premises All Day Tomorrow I i Eve in « Home of Yo IT'S YOURS FOR THE CHOOSING! Why Go Miles Out ~when there is opportunity to enjoy so many of the suburban advantages right here in Old Mt. Pleasant. This homelike, comfortable residence is but one and a half blocks west of 16th street, just one short square from the car service, and near the Bancroft Public School. The interior is appealing from every angle. The rooms are really enormous, with high ceilings, well planned and tastefully decorated. On the first floor is an entrance hall, with coat closet; living room; open fireplace; library, with bay window; dining room; breakfast room; pantry, and kitchen, Four bedrooms of exceptional size, sewing room, and tiled bath comprise the second floor. A stair- way leads to the attic, which has one completely finished room and ample storage space. The grounds have a wide frontage on both streets, and there is a driveway to the garage. YOU WILL FIND THE PRICE SURPRISINGLY LOW AND THE TERMS MODERATE Ouwner, Leaving City, Is Anxious for Immediate Sale OPEN SUNDAY AFTER 11 AM. Hedges & Middleton, Inc. REALTORS 1112 Eye St. N.W. Franklin 9503 Deal With a Realtor Tapestry Brick Homes —Built-In Garages One of the most amazing home values ever offered in Washington! You must see these de- lightful dwellings in person to fully appreciate their excellence! In addition to the built-in ga- rages, other features worthy of mention are Wide front porches, double rear porches, hard- wood floors throughout, one-piece sink and enameled cabinet in kitchen, porcelain plumb- ing, fine electric fixtures, cement walks and alley. Don’t miss this wonderful value!!! Open Daily Until 9 P.M. | hers N OWNERS AND BUILDERS 925 15th Street Sunday Phone—Potomac 154 $7,975 $67.50 a Mo. See Them Yourself! Eoet“on Fiarenichn ‘ast _on _ Michigan A St Sonth 3 Senates S0 Handin Be LB I o R i Main 9770 ning Comfort ur Own With Small First Payment and BE CONVINCED— Drive out N. Capitol St. to ' Home grounds, turn s, . and - REAL ESTATE. | meeting of the assoc BETTER BUILDING MOVE to be 19 to 2, FOR SALE TO BE LAUNCHED SOON A proposal for the encouragement of | better building will come before the board of directors of the National As soclation of Real Estate Boards when | 1t meets in Chicago October 30 and 31 The meeting, in which the advisory board of past presidents of the asso T Eots 32 ft. hody will also have part, is the regular || bedrooms quarterly meeting. The directors will set the place for the holding of the | wssociation’s annual conventlon, to take place in June of 1926, and will discuss plans for the comin nual business sold. houses. Middaugh & Shannon, Inc. general real estate development American firms and individuals Ing a very actlve 4 Dupont Circle 81 Fr. Michigan Park 12th and Michigan Ave. N.E. Brick homes built to last. front. Dining and sleeping porches. Prices less than row Four Over 70 C ful % i APCLE Kalorama Cirele T [ Overlooking Reck (reek and Conu. Ave. Bridee WALTER A. BROWN 1100 1 St NW. Potomac 2200 The Fascinating Story of Cafritz-Petworth The most stupendous development ever attempted in Washington Real Estate—and its wonderful success. T was the confidence of keen E vision that persuaded me to buy the entire tract of land in Petworth — formerly the Columbia Golf Club—COMPRIS- ING 38 CITY BLOCKS—and be- gin the development of a City of “Life-time” Homes. As I stood on the crest of those hills, looking down on the pano- rama spread before me—close by Saul’s Addition, overlooking Six- teenth Street, and the entire northwest section—I found my- self in the very heart of a resi- dent community—and I conceived the idea of converting that entire tract into Better Homes—to be sold at popular prices. I im- mediately closed what was the big- gest deal ever made here for unim- proved ground—running up into millions of square feet and hun- dreds of thousands of dollars. Many were the adverse criti- cisms offered; and predictions of disastrous failure made. But I had no misgivings. I knew that if I built better Homes than anyone else—and sold them at an appre- ciated price — in a community which I could protect by the control of ownership—THERE COULD BE NO SUCH THING AS FAIL- URE. Surveys were made—streets and avenues provided for—and in the meantime I was perfecting a mammoth organization to proceed with the actual work. The economies which are reflect- ed in the prices of Petworth “Life- time” Homes were begun right there. We bought our own steam shovels for excavating and grad- ing; manned our own fleet of trucks; established our own corps of engineers and architects and every department incidental to building. . In my mind I had only the one idea of developing a community that would benefit Washington and Vashingtonians—and 1 put my en- tire resources of money and mind into the carrying forward of the proposition. We bought building material by the .lrain load; placed fixtures and equipment orders reckoned in mil- lions of dollars—all factors in these two great purposes—BEST HOMES AT LOWEST PRICES. Soon the delight of civic service overshadowed the thought of pe- cuniary gain—and I plunged still more energetically into the under- taking from sheer love for achieve- ment. Out of this undeveloped tract has grown CAFRITZ-PET. WORTH OF NEARLY A THOU- SAND HOMES. Planned on the BEST LINES conceivable; built of the BEST MATERIALS pro- curable; and by the BEST CRAFTSMEN my executives could select. Homes that I am proud to be the builder of. Homes that every purchaser KNCWS represent the BEST VALUE HIS MONEY CAN BUY. Homes that are more than “places to live"—}}ley are family shrines, where thé music of children’s laughter and the peaceful con- tentment of domesticity are lived under the most ideal conditions. Every comparison you make yields tribute to the matchless ex- cellence of the “Life-time” Homes in Cafritz-Petworth. The size of the rooms, the plan and finish, the big porches, the character of the Bathroom fittings and heating sys- tem—the deep lots—are all corrob- orating arguments that NO- WHERE ELSE ARE SUCH HOMES TO BE FOUND—and the price and terms reflect the equitable sharing of the savings resulting from the magnitude of this development. Tempted by the signal success— speculators are constantly seeking to buy entire groups of these Homes—but their offers are in- stantly declined because we are pledged to the protection of these communities—and the personnel of the neighborhoods included in Cafritz-Petworth—and to YOU. The allurements of profit do not compare with the pride of having given to Washington a City of Wonderful Homes and Happy Owners. Sincerely, 7r it $2,000,000.00’s worth more of these “Life-time”’ Homes are under construction right now in Cafritz-Petworth Three Sample Homes 430 Buchanan St. Between Illinois New Hampshire nues. and Ave- Between New nues. *8,950—°1,000 cash 508 Buchanan St. Tllinois Hampshire 4830 Seventh St. Between Decatur and Emerson Streets. $75 a month and Ave- Open from 9 a.m. to 9 p.m. Take Grant Circle Busses to Allison St. or 14th or G Sts.. or phone and Buchanan or Emerson Ave. Cars to we'll send our auto. Watch Washington Grow to a Million