Evening Star Newspaper, February 12, 1927, Page 20

REAL ESTATE,. have been torn down to make way for 2 modern skyscrapers and apartment 4 bulldings. nough new buildings have been erected in New York and Chicago alone, which if put together, would THE EVEN its outlet, it must keep on working: it stands’ to reason that undei ] sonditions more money will be av for home financing. “But how a What are the :| TICKETS FOR REALTORS’ DINNER ON SALE FEB. 15 Number Who Will Attend Affair Boards, representing nearly 700 boards throughout the country, will be the speaker of the evening. Besides a i S short speaking program, an elaborate entertainment has been planned by H. Tudor Morsell. Arrangements are create an entire city, second only to a_few metropolitan centers in point of floor space under roof. Big Sums Advanced. o wonder prominent bankers and financial men are issuing warnings that the saturation point in big build- ing has been reached, and that the homebullding field Is the only one open which is not, and perhaps never will Heretofore the financial interests have had a steady demand for money, which, like any other ma- 3 R terial or product, must have a market. and fabulous sums have been advanced Exposition Chief in Plea for Development of House Market. be, overbuil It big buflding construction must o terprises. 6% uip Stars G Mibmelooneteattibniis | Lo s ot SHBnIES S0 aging director of the Own Your Home York and Chicago. the conclusion that enough mons “For several vears past the rush of |been spent in big building, it means a reduction in loans until office build- ings and apartments have been rented a further natural demand created. In the meantime money must have big building, especially in the larger cities, has been going mas Mr. Sexton said today. thousands of fairly good The Garage Is Equipped With Marmon Motor Cars Furnished by . HOLLAND MOTOR CO. 1700 Connecticut Ave. N.W. F COURSE, in the kitchen of this thoroughly modern home you will find : Frigidaire ELECTRIC REFRIGERATION A Product of General Motors 1313 N. Y. Ave. N.W. ~ Painting and Interior Decorating Done By Harry L. Shackelford 2002 14th St. N.W. N. 10445 Electric Fixture Co. FIXTURES of BETTER QUALITY 1201 Eye St. N.W. Phone Main 4721 Wm., P. Goodman Harry Cobey LUMBER CEMENT LIME PLASTER Columbia Brick & Coal Co. Phone Col. 5114 FLOORS B; y New York Hardwood Floor Company 1300 Mass. Ave. N.W. C.B.LECKEY Washington,D.C. Fr. 5995.J Shortly after the close of the World r United States Government re-)iphe Washington Real Estate Board Difts mid 0 per cent Wyere home | which is to be held at the New Wil g verag ch 26, wi aced et e e lard Hotel March 26, will be pl sed. Analysts, basing their claims FaiReRary boa onffiiomplete tebearch. my 45 to 48| iy ® Fecretary (of ths bodid.an- Der cent now own their home: perGermany, France and other I countries claim as high as 80 per ; r : peariosy ntrios clgli g ver | those who desire to attend.make res. where near the fact: us something to work on. Therefore,|. . C N ; ; . C. Hieatt, president of the Na- it we only have 48 per cent home | tion ownership in the United States, not- withstanding its tremendous resources = :;&::tl;\:t;rms, land and finance, as |in home ownership, ol er cent in European coun- | vear s rate, It wi b Realt 80 ecioan opean coun- | year at this rate. It will take 32 years normal, and normal the saturation point. to speed up. It can only <. ¢ has more wings that the advice of Robert H. Sexton, man- |, taiterfiy and. i equally elusive. Naturally the money lending agencies Bullding and Equipment Expositions, |are the very first to recognize the which each Spring are held in New |danger signals, When they arrive on March 26 Will Be Limited families who live in to 650. Tickets for the annual banquet of ¥ | on sale February 15, James P. Schick, nounces. The number of tickets will be lim- ited to 650 and it is suggested that all If this is any- at least g rvations early, as seats will be placed pplications are received. Association of Real Estate 1 per cent a up with the Kuropean coun- per cent below The homebuilding market will is nothing near according to these figures, it|be done through education and easier us elght years to gain 8 per cent being made for decorations of the hotel, the erection of the stage and |, "(IEeSG L B an unusually fine menu. Besides A. H. Lawson, chairman of the committee, those in charge of the | fiation here t ‘Webster and William R. Ellis. fointly by Rutgers University of New Jersey and the New Jersey Associ- ation of Real Estate Boards, has re- e cently been completed. Forty realtors | tion and shipments are about the made up the student body, which was | same, given three days of intensive instruc-|in orde tion. The course was of universit grade and covered 20 hours of instrue- | pine and West C tion. Blake Snyder of New York, edi- | of last week am 28 tor of the Real Estate Handbook, and |feet, as against 442,809 29 feet for 1 Ralph Roby of Columbia University were the instructors. ¢ STAR. WASHINGTON, D. T, SATURDAY. FEBRUARY 12, 1927. SOFT WOOD INCREASES. | 327 Mills. The banquet will start at 7 o'clock. | §EPRIG VeROTLS JETT e ar ago, however, fewer mills reporting this year. Realtors Take Course. LA LUJOSA CASA This beautifully furnished Spanish Home on the corner of Alaska Ave. and Geranium Street in “Sixteenth Street Heights,” was crected by ARTHUR C. BLOCK, Builder —and will be open for inspection beginning Sunday, February 12th, and continu- ing daily until Feb. 22nd from 11 A.M. to 10 P.M. ROBERT E. HEATER, Realtor Colorado Bldg. Straub Cinder Building Blocks Again The Ideal Masonry Warm in Winter Cool in Summer Always Dry Washington Concrete Prod. Corp. Woodward Bldg. Muin 8528 ALBERT W. COWELL Contractor for Brick, Hollow Tile and Cement and Cinder Blocks 746 THAYER AVENUE Phone Woodside 218 SILVER SPRING, MARYLAND PLUMBING of Superior Grade Demanded in LA LUJOSA CASA was intrusted to OWENS & BAUR 410K St. N.W. Franklin 3903 Washington’s Largest Plumbing Contractors Phone Main 1064 Clarence H. Getz, Mgr. PLASTERING and STUCCO WORK Done By J. M. PHILLIPS 109 Elm Ave., Takoma Park, Md. Spanish Tile Roofing On This Beautiful Home Furnished by Samuel M. Myers 215 E St. NE. - Heating Installed By 0. L. Murray 3614 18th St. N.E. Pogomc2369 Business Progress Reported From REATL ESTATE. howed unfilled orders of feet last w feet for the the unfilled o 8.0 feet, as against 851 feet for 69 mills a week cariie 0. W. Youngblood Increase in production, shipments| “si,gather the 314 comparably re porting softwood mills had shipment 101 per cont and orders 107 per cen of actual production. For the South ern pine mills these percentages were, respectively, 86 and 90, and for the West Coast mills 100 and 113. Of the reporting mills, the 291 with an_established normal production the week of 193,179,147 feet gave actual production 86 per cent, shiy ments 86 per cent and orders 92 per | cent thereof. < noted In_tele hic ceived by the Na graphic_reports rec by the Ne y from 327 compara Fbly reporting softwood mills for the affair are: R, Owen Edmonston, T [ el hortE Ao 5. In compari Tudor Morsell, Joseph A. Petty. Mil-| gon with reports for the same period ton F. Schwab, Albert E. Landvoigt, [ 4 John Saul, M. P. Canby. Ben T.|creases in all three items—decreases that cannot be accounted for by the there were de Reports received from 124 compa- rably reporting hardwood mills show A real estate institute, conducted | little current change in new business and production, but shipments gained heavily. When compared with reports for the same period last year, produc- . W. Wheeler of ttle, Wash., president of the Pi st h a considerable reduction The unfilled orders of 193 Southern oast mills at the end ounted to 476,533,82 the territory of W: Taah © hington, Oregon, The word China is never used by mills the previous week. The 119 iden- the Chinese themselves. tical Southern pine mills in the group Hardware, Paint and Glass Home Necessities eeler Given Office. 353 Cedar Street Takoma Park, D. C. the incom- ational As- Estate Boards for state Association, Phone Col. 3481 0 and Monta Oriental Stucco Used to Produce Pleasing Exterior-Finish Polychrome A Product Cornice, Skylights and Roofing By Takoma Tinning and Heating Company, Inc. LA LUJOSA CASA Electric Installation Electricity plays an important part in the modern home. . Necessarily, material must be of the best, and installation correctly made. LA LUJOSA CASA Is Equipped with & Electric Wiring System —installed by a well known local contractor W. G. TROULAND 1908 14th St. N.W. General Electric Co.’s Electrical Material Was Supplied By National Electrical Supply Co. 1328-1330 N. Y. Ave. Phone Main 6800 Washington, D. C. MASONS’ AND PLASTERERS’ MATERIALS Visit Our Yard at End of Key Bridge SMITH & KLINE, INC. ROSSLYN, VA. Phone West 2016—Clarendon 411 NATCO HOLLOW TILE AN ABcC OIL BURNER —has been selected for this beautiful home Like everything else in this house, this burner was selected as the best. Ask to Have it Demonstrated AUTOMATIC BURNER CO. 818 18th St.