Evening Star Newspaper, November 28, 1925, Page 19

. REAL OCTOBER REALTY MARKET AT PEAK Month’s Figures for 41 Cities 67 Per Cent Above Average of the Past Ten Years. National real estate market activity for October reached the highest point made for that month during the past 10 years, according to the index com- piled by the National Association of Real Estate Boards. The index, which is the only quantitative meas- ure of real estate activity that has been made, is based on the official figures of the total number of trans- fers and conveyances in 41 typical cltles of the United States. The index for October did not de- viate from that for the month pre- vious, remaining on the same level with September’s market at 167 points. This number, based on the average real estate market activity of these 41 cities for the month of October, be- tween 1916 and 1924, means that the real estate market reached a point of activity 67 per vent above that aver- age during the month of October. The present calculations, the asso- ciation points out i ing an int pretation of the ind res, are ad justed to eliminate seasonal fluctua tions, but are not adjusted to eliminate the influence of the long-time trend. Since the normal incre in popula- tion should bring a measurable, con stant, month-by-month Increase in the volume of. rezl estate transfers, the fact that the index number for October is identical with that for Sep- tember indicates a slight decrease from the normal upward trend of activity. Bullding construction during the month underwent a reaction, accord ing to an index compiled by the F. W. Dodge Corporation from building sta. tistics. The index indicates approxi mately the same de tion of industrial b non-residential types, drop In residential co with a smaller truction. A record volume of contemplated work was reported in October, accord- ing to the report, influenced probably by the speculative tendencles in evi- dence during the past few months. Actual building is not expected to fall off to any serious extent while general busines ntinues its upward }renld or remains at about its present evel CONTINUED DEMAND FOR PETWORTH HOMES Slackening of Sales Disappearing and Many Properties Are Transferred in Section. A continued demand for homes in the Petw section of the city dur- - week is reported by the | ESTATE. This new structure has recently been erected pital and is known as the Bordeaux apartments. Shannon & Luchs financed the project. THE EVENING I NEW GEORGIA AVENUE APARTMENT HOUSE l STAR, WASHINGTON, D. C., VOLUME OF LUMBER SHIPMENTS IS HEAVY Enormous Demands in South Off- set Falling Off in More North- erly Sections of Country. The lumber movement is well sus- tained, softwood shipments for the week ended November 7 amounting to 97 per cent of the current produc- tion. In the Central States Winter weather is handicapping the move- ment from retail yards to farm con- . and rains in the South are The market b a less active. Florida and the Gulf States, however, are taking enormous quantities of lumber. It may confidently be expect- the rican Lumberman, 5o, that as soon as dry weather in the South allows cotton plcking to be completed and building ta be be- gun, rural demand there will make large drafts on the mills. Southern pine production by large mills has suffered some curtailment and many of the smaller been forced to close down Large pine mill output is about 15 - | per cent below normal, and current orders were more than § per cent ahead of production. The West Coast SIR Fifth street, to Fifth street, Mark Richardsor Dorot! to Emyley B. street, to George Fifth 'street, to Carl O. Firth street, Bond; § Caleb. mills shipped 96 per cent of their week’s cut, but new orders were re- ceived for only 90 per cent of the cut. Stock: southern pine mills show epletion, and it is becoming difficult for them to furnish dry lumber. 0 THE BEST HOMES EVER BUILT IN PETWORTH 4600 Block New Hampshire Ave. TWO SQUARES NORTH OF GRANT CIRCLE i SATURDAY, NOVEMBER 28, 1925. Stocks at coast mills have increased, but it is pointed out that for the year to date they have shipped 4 per cent more than they produced. The coast mills appear determined on bet- ter marketing practices, and there have been suggestions that, until Spring demand opens, the mills op- erate only five days a week. Demand for t Southern hard- woods continues very active, and the furniture factorles especially show eagerness to provide for their Winter needs in gum. The Southern forests are so saturated with continued rains that logging is impossible, and fur- ther mill shutdowns may be expected. 2 R T 2T Location—Value—Good Construction are combined in these two attractive HOMES Prices have recorded further ad- cances. Prices of Northern hard- woods show a firm tone, based on a continued heavy Fall movement. Big Hotel Planned. NEW YORK, November 23 (#).—A new 29-story hotel to be known as the Savoy-Plaza wiil be built at a cost of $17,000,000 on Fifth avenue between 58th and 59th streets, it was an- nounced last night by Balri & Co., Inc. The S Corporation, which is controlled v Chase & Co., and the United States Realty and Improve- ment Co. will own the new hotel. 16 East Bradley 1 Lane Chevy Chase, Md. Price, $25,000 To appreciate the beauty and charm of this Colonial dwelling one must sce its spacious, comfortable rooms, “en Rooms Three Baths Butler’s Pantry Lot 90x130 feet attractive fixtures, large open fireplaces and delightful surroundings. Screened a n d Weather- stripped Large Side Porch Two-car Garage REAL ESTATE. 19 TULSA MEN PREPARE TO WELCOME REALTORS Finance Committee Named to Clear Way for National Con- vention. A finance committee has been ap- pointed by the Tulsa, Okla., Real Es- tate Board in preparation for the 1926 convention of the National Associa- tion of Real Estate Boards, which will be held in that city June 7 to 11. Sixteen members of the board are, serving on this committee. Though notified only recently ol the selection of their city as the con vention meeting place, the Tulsy realtors have already started work on cxtensive plans for the entertain ment of the members of the various boards. According to reports from the board, the possible conference places are all within five blocks’ *distance from the hotels. Representatives from 557 boards in the United States and Canada attend the convention each vear. Last June at Detroit the attendance reached 4,300, e s s S 1707 Allison St. N.W. (Just West of Sixteenth St.) Here is the Newest Breuninger Home Looks Out Over the Hills of Rock Creek Park One of our new, detached, colonial-type, center-hall homes, embodying all the comforts and conveniences that our experience as builders has shown to be requisite to a complete home. homes in the city. Eight Rooms Two Baths First-floor Lavatory Attractive Price and Terms Surrounded by the finest detached Lot 63 Feet Wide Two-car Garage Servant’s Room in Basement Harris Shapero 1477 GIRARD ST. N.W. Comparing this house and price with others that you may have looked at, we conscientiously say that by purchasing one of these homes you are saving at least 1,000 dollars in value. We are confident that your inspection will con ce you. PRICE AND TERMS REASONABLE These houses are open for inspection every day from 9 AM. to 9 P.M. Or Phone Adams 1539 for appointment. Salesman on the Premiscs Or Your Own Broker ||IlIIIIIllIINIlIIIlI[lIIIIIIIIIlIiIHl|l|'|I!||HlIlIIl!IlIII]lI!IIIlIIHII!IIIIIII ?Il”'lllflilllllllI{IIlIIIlllllfllllllllllll lmnnmmnmmnuul|u||m|umunnunnmmunmummmmum Open for Inspection Every Day Until 9 P.M. Come Out 514n!]ay or Any Day Next Week J. Dunigan. A mo- ckening in sales that ity during the past two ding to_general indica- sms to be disappearing. The transfers reported include: 5300 Fifth street northwest, corner house, | to Fannle L. corner house reet, to John P. King; t. to J. Dent Robinson, reet, to Irving J. Hen rle 10 Fifth street, to George Fifth street, to Harry 314 Fifth street, 53 Open for Inspection Sunday, i1 AM.to 5 PM. L. E. Breuninger & Sons 706 Colorado Bldg. Main 6140 Builders and Realtors to James BUY WITH CONFIDENCE—BUY A DUNIGAN “ALL-BRICK” HOME—BUY WHERE LOCATIONS ARE SUPREME AND VALUES THE BEST Dunigan-Built Homes in Beautiful PETWORTH Dunigan-Built Homes Look Better, Last Longer and Give More Comfort Than Any Other Homes in Petworth The Hundreds of Homes We Have Sold in This Section of Beautiful Washington Bear Out This Statement Dunigan Homes Are Positively the Best Built Homes Your Money Can Buy INSPECT THESE HOMES SUNDAY AND SEE HOW DUNIGAN BUILDS HIS HOMES K BUBUT, O G BE ) U See These Homes at Fifth and Crittenden STREETS NORTHWEST Exhibit House—4615 5th St. N.W Sherman Circle Homes Located at 4824 -4842 Kansas Ave. N.W. (Between Emerson and Delafield Streets) Grant Circle Homes Located at New Hampshire Ave. Webster Sts. N.W. These big six-room homes have large con- crete porch with brick columns; latest style shower and bath. Nothing has been over- looked in designing and constructing these homes for your comfort. You'll see this the minute you step through the door. 16th St. Double-decker Busses Bring You To These Homes WE WILL ARRANGE THE TERMS SO YOU CAN BUY YOUR HOME AT ONCE THESE DUNIGAN HOMES ARE OPEN, HEATED AND LIGHTED UNTIL 9 P.M. If You Pay Rent—You Can Afford to Buy Your Own Home D. J. Dunigan, Inc. "0 W Phone Main 1267 Just one block east of Sherman Circle; one of the beauty spots of Petworth. These English tyvpe homes are very popular with Washingtonians the way they are buying them. If you are in the market for a home be sure and see them Sunday. 16th St. Double-decker Busses Take You to These Homes Two distinct styles in these big six- room homes—they have the very latest ideas for home comfort: and possess many features not seen in homes selling at hundreds of dollars more. Conveniently Reached by Cars and Busses