Evening Star Newspaper, May 1, 1926, Page 21

REAL ESTATE. EAL ESTATE MA RKET ACTIVITY HOWS DECLINE FROM FEBRUARY! [l i VI THiZ BUILDING AT LIMIT IN NEW YORK CITY po1 Forty-One Typical Cities Report Lower Index Num-iMaximum Practically Reached Last ber in March Than Real activity for March decline from the record height in February, according to the index of market ac- tivity compiled by the National Associ- ation of Real Estate Boards from offi cial totals of transfers and convey- ances recorded in 41 typical cities. The index figure for March was 178, This is seven points under the index figure for February, which was the highest recorded for any month in the 10 vears covered he el tical ctudy. The March 10 points higher corresponding figure for estate market showed n reached measure of market activ- ity shown by the index is also indi- cated in building stati: 3 : volume of ts_of any March W. Dodgze Co.’s 2 °: scords show. The total | umber was, in fact, mreater than that { any other singl S The in- 3 per cent last ye: the normal ) February | the first quarter of the year | 926 the totals showed a gain of 2 per cent over the first qu of the pre- ceding year. ction contracts awarded in United during the juarter of the v ated by the statistical div W. Dodge You'll Be Proud to Own! Hall Entrance type—seven spacious rooms—four tiled bath—large 1 Center complete k floors throughou system and €524 8th Corner k 1 Piney Branch 1d. You must s rice. $13,950 William S. Phillips and Company INCORPORATED 1432 K St. NW. Real 2380383888828222582888283888383388388388283232322388 ©90000 °s A New of exclusive character that can be bought to exceptional advantage F vou are seeking a Home that will pro- vide all the comforts and luxuries of the family life, as well of social entertaining—here is a Home that couldn’t be more perfect if designed and built to your personal order. 5913 Sixteenth Street centh Street which is sure of in a neighborhood of refined —That part of its exclusiveness homes. The construction is mass wide lawn. Eleven large, practical rooms and three elaborately equipped baths. The decorations are the product of good taste; the lighting fixtures. of very artist place: breakfast wood floor: garage. 33338 & a4 are all arguments of thi are most a CKEEVE Deal With £23323222243222322382222224 1415 K Street 299 ©000 33 i ¢ { mercial building i | Van Buren Streets, one square east_of ive granite coping that encloses the room; beautifully paneled walls; handsome “hard- tiled kitchen and electric re- frigerating plant: oil-burning heating plant; laundry: servants’ toilet, and built-in two-car The refined elegance will appeal to your good taste and the many practical features The Price and Terms Open for inspection Sunday from URtil dark, o phone our office up. t 338383»3332338238383388%““&33&888@- Feature of Record I Second Month. , ; | over the first quarter | however, a_drop of | per cent from the | figure quarter of the year 1925, whereas hould normally have | been about a 1 per cent inc It will be remembered that the last six months of 1925, instead of showing the usual seasonal drop of about 12 per cent from the first half of that y showed instead an increase of 15 per ' cent, | In spite of the increase in dollar volume of centracts of the quarter just completed over the corresponding quarter of 1925 there was a smaller increase in new floor space involved and practically no increase in total number of projects. The residential index for March Is the lowest of any | individual group. The index for com- | the highest, and | ts are a con- | per cent inc 1 large commercial | siderable factor in accounting for the | month’s totals. though the building situation is & le in its immediate bearing on the business situation,” the Harvard Economic Service states, “the evidence continues to support the view that the peak of the building boom has been passed.” Alcoves Useful in Home. For the family that must needs build a small home dining alcove makes doing without a dining room less of a hardship. One of these little alcoves need take up no more than one-fourth as much space as a dining room and still it has all the accommodations nec- essary for a family of three or four. Ten years ago there were 35 women listed in the census as chauffeurs; re more than 1,000 g room with open kitchen with built-in garage. Very latest hot-water storage bright automatic St. NW. ce this home to appreciate it. LIBERAL TERMS ltors Main 4600 Home as meet the demands artistic brick, with a ic design; open fire- built-in pantry; s Home’s unusualness. ttractive 10 am. 0 9 pom. R=:GOSG, . a Realtor Main 4752 888 8888888888808888888888838888883838323238 332838383888888388832388882888888838888888382888 Year, Based on Supply of Skilled Labor. | Building construction has reached its maximum of activity in New York City, says the Dow Service building re- |ports. Wirst quarter estimates for 1926 building activity show a valu- ation higher than last year's record- breaking total. By volume, however, it indicates about 800 fewer projects {as compared with the first quarter of 1925. C. G. Norman, chairman of the board of the Building Trades Em- ployers’ Association, points out that New York City last year practically reached its maximum of actual con- struction based upon the available sup- i trance through French doors, ing porch—a large sunny dini pantry and kitchen. ern l-mmes. garage. 1412 Eye St. N.W. On the first floor is a large living room with open fireplace, a stairway alcove affording en- ply of skilled man-power with which to do it. His conclusion is that while New York City last year reported projects amounting to $1,024,000,000, not more than $720,000,000 actually was pro- duced in that year. These conclusions are based upon the fact that there are in the city approximately 1 skilled building construction men. At $10 a day, Wi i the average pay of a building worker after days off are taken out of t culation’ due to hot weather, del. terial, ould nd for g days a total of $360,000,000 a. or 56 per cent of the contract price for building con- { struction. Counting building ma. |terfals equipment and applianc: | which these men assemble as the other |50 per cent of the total of last year's | building construction volume and the | result is $720,000,000 in actual build- ing. | It'would therefore appear that no | great volume of construction in ex- | cess of last vear's r t | tained under the e | labor, the repo work- to a concrete liv- are servants’ qual ing room, butler's lot provides space Frelusive Aeents An Ideal Home Massachusetts Avenue Heigh Be Sure to See This One Sunday Realtors 4 By the Associated Press. I- [to her hangar last night after having vet | heen aloft the greater munication and a storage space. NING STAR, “."ASHINGTO.\'. D. C, SATURDAY, MAY 1, 1926. 9 “. REAL ESTATE. DIRIGIBLE LOS ANGELES IN HANGAR AFTER TESTS Is Aloft During Greater Part of Day for Training Crew and General Experiments. LAKEHURST dirigible N. J., May 1.—The Los Angeles was returned part of the for deceleration and acceleration s and training of her crew. > ship headed out to brief_flight yesterday mof she returned to the maval air | » give technicians on top of | r an opportunity to take| of the craft while in| 3 R LR R R e LR R LR e S R L R R R R R R R it. he then was taken to sea for fur-| ther tests, returning a few hours b fore dusk. On her second return te the station landing tests were con- ducted. She was in wirel com- with the air station oughout the day and reported that 1 went well. 3717 Ingomar Sfreet—Chevy Chase, D. C. Less than one block West of Connecticut Ave- nue, on a sixty-foot-front lot, and in one of the best blocks of Chevy Chase is this Colonial Residence of Rare Charm There are four bedrooms and two tiled haths on the second floor, while on the third floor rters with a complete bath, The large landscaped for a garage. Obviously a Bargain at $20,500 Open for Your Inspection All Day Sunday ts This home, pictured above, is the only one now unsold of a group of five residences, of varying architecture, just completed by Hedges & Middleton, Inc. Those interested in high-grade homes have readily appreciated their many unusual appointments and the present and future desir- ability of their location. You will find, too, that the construction, fixtures and finish are typical of our finest and most expensive mod- This residence is built of hollow tile with brick coins and stucco finish. Center-entrance-hall plan, nine livable rooms and three com- plete baths, copper screens for all windows and doors and a two-car OPEN AFTER 10 AM. Heclges & Midcfleton,lnc. Franklin 9503 Efiflh’i&fihfi&fifiififififli&fififib’flfi%&fifib’é - CHEVY CHASE, D. C. Beautiful Estate i Over Six ~0 Acres 5627 Rock Creek Ford Road (On Main Boulevard Between Chevy Chase Circle and Rock Creek Park Colonial Design—High Llevation Moat, attractive und carefully « Surrounded by spuc Open for Inspection Sunday and Monday Exceptionally Reasonable Price and Terms 'BRODIE & COLBERT. Ine. 1702 Eye St. N.W. Cleve. 707 AR R R R R LR R R R R R R R LR R R A R AR R R AR At BEST VALUES IN CITY IN NEW HOMES INSPECT—DECIDE FOR YOURSELF Open Daily Till 9 P.M. R SRR R R R B AR LRt tR R R AR LR ARt AR R AR R AR R tR R Rt £ Exceptional Terms Yo 2114-2130 Minnesota Avenue S.E. Facing Two Parks—Near Schools and Store cellently built and perfectly arranged. with all the newest improve- ments, including h.-w.h., electric lights and hardwood floors, hardwood trim throughout, built-in bath fixtures, built-in refrigerator, built-in garage, large back porches and cement front porches. Six large rooms, master bedroom full width of house To Inspect Drjve out Pa. Ave., across bridge twe blocks to Minnesota Avenue, turn right two blocks to houses. CUVIER A. METZLER Dependable Service Main 89 1106 Vermont Avenue Inspected 2031 41st St. N.W. (41st & Garrison) Particularly appealing, brand-new, detached homes of 6 beautiful rooms and tiled bath. All mod- ern improvements. Hard- wood floors, open fireplace, spacious porches, generous lot, etc. Conveniently lo- cated; high elevation. On mest accommodating terms. Open for Impe.ction All Day Sunday WILLIAM K. HARTUNG & CO. 1108 16th Street N.W. Main 371