Evening Star Newspaper, May 4, 1935, Page 20

B—4 URBAN RENTBIL DD NORE Building and Loan League Committee Estimates 1935 increase. American urban families are going to pay about $240,000,00 more house rent in 1935 than they did two years ago, it is estimated by the Home Building and Home Owning Commit- tee of the United States Building and Loan League. Unless a conspicuous move toward home ownership takes place this Spring and Summer, the renters will find themselves paying an aggregate of around $3,731,000,000 for leased shelter this year, according to| L. W. Pellett, Newburg, N. Y., chait-, man of the league committee. Mr. Pellett’s estimate is based on a probable conservative rise in rents for the rest of the year, in accordance with the monthly rise noted since the uptrend began a year ago. Re- cent exhaustive studies on outgo of | family funds for city rentals showed $4.550,000,000 to be the estimated ex- penditure in 1931, and 1935 is ex- pected to rise to about 82 per cent of | that figure, Mr. Pellett pointed out. Home Purchase Alternative. “The logical way for the renters to circumvent the added outlay for ghelter is for them to buy homes,” he said. “Census figures show that in| 1930, 58 per cent of the renting fam- | ilies were living in one-family homes. The proportion has probably in- creased during the past four years, since the percentage of one-family home construction to total new resi- dential buildmg has been greater during the slack years than it was during the time of building expan- sion. There is a supply of homes for owner-occupancy on the market at prices which will give the buyer an edge on the renter before the year is out and insure him against rising shelter expenditures in the years just ahead. The availability of mortgage credit for home purchases at this time is seen in the loan advertise- ments and in the public statements of hundreds of building and loan association, and is naturally increased to some degree by the beginning of operations under the Federal Hous- ing Administration’s plan of guaran- teed mortgages. He can buy his house on the installment plan with the mortgage money now being offered. “Not only is it sound economics to buy at the bottom of the real estate market, but it is also sound to bor- row money when the price level is comparatively low. The indexes of wholesale prices still show that prices in general are only about 80 per cent of what they were in 1926. As the| level of prices rises with business re- covery, the family which borrowed for its home in the Spring and Summer of 1935 will find itself paying back its debt in smaller units of purchasing power, a situation just as advan- tageous to the borrower as the fall in prices was disadvantageous to him when he had borrowed money at the peak. Building Resumption. “The experience of the renting fam- {lies between 1921 and 1925 holds out no hope for a halt in the rise of rents because of a substantial re- sumption of home building this year or next. In each of the years 1922, 1923 and 1924, residential building of more than $1,000,000,000 in volume took place, and during those three years average rents, according to the National Industrial Conference Board index, increased more than 10 per cent. This experience of 10 to 12 years ago, when America was already in a house shortage such as we are approaching today, is one more in- dication of the wisdom which lies in home ownership at the present time. Such ownership, financed on a sound, orderly, liquidation basis, remains the average man’s only hedge against spending larger proportions of his in- come on shelter for several succeed- ing years.” -_— BALTIMORE BUILDING EXCEEDS APRIL, 1934 $840,240 in Permits Are Granted in Same Month This Year. Special Dispatch to ' he Star. BALTIMORE, May 4.—Building in Baltimore last month, as evidenced by the permits issued, showed an increase of $212,340 over that for April, 1934, according to a report of the Bureau of Bulldings. The figures for last month were $840,420, as compared with $628,080 for April a year ago. This is the first time so far this year that building in any month has exceeded the showing for the cor- responding month of 1934. The most important item in last month’s operations was two-story brick houses, permits for 39 of which were issued at a combined cost of $128,000. This compares with per- mits for six such dwellings at & com- bined cost of $35,000 in April, 1934. For the first four months, however, the current year is behind the cor- responding portion of 1934, the fig- ures being $2,295780, as against $3,470,976. Houses which combine the I conception o simpHRCA. eonatruttion REAL ESTATE. ! THE EVENING STAR, ‘This attractive dwelling, located at 2119 Plymouth circle, Colonial Village, has been purchased by Mr. and Mrs. Matthew W. Stirling through the office of Arthur J. Dinger. BALTIMORE TO VOTE ON TAXES TUESDAY Realty Board Contends Economies Possible in City Admin- istration. S8pecial Dispatch to The Star. BALTIMORE, May 4.—~Whether taxes on real estate in Baltimore shall be limited to $1 per $1,000 will be decided at the municipal election Tuesday. The charter amendment was placed on the ballot after the Real Estate Board of Baltimore had secured 10,000 signers to the petition, which had previously been denied by the City Council. The pregent tax is $2.35 per $1,000 of valuation and realtors claim that property owners are now paying $27,- 000,000 of the $42,000,000 annual expenses of the city government. Both the Democratic and Repub- lican candidates have gone on record as opposing the plan on the ground that it would result in the loss of $2,500,000 in revenue, which could only be made up by sacrificing some of the most important city services, such as schools, police and fire pro- tection.® The Realty Board, on the other hand, declares that these losses in revenue can easily be met by elim- ination of unnecessary city employes, who are being kept on the pay roll by politicians, and by assessing other tangible property which is now prac- tically tax-free. 6606 EASTERN AVE. TAKOMA PARK, D. C. LARGE MODERN BUNGALOW with Almost an Acre and cottage rente. per month—all for $8,950 Located on a wooded hill, with an excellent view. Main house has large front porch. big living room with fire- place. dining room. kitchen, pantry . _bath and’ inclosed Entire house copper g dwood_ floors. hot-water heat. basement "under entire floored attic with stairway. Det &ai Nice fruit trees. "?1 property is rented at Open Sunday P.M. Drive past Review & “Herald straight ahead 3 blocks to 'UNION FINANCE COMPANY Nat. 7936 916 Woodward Blds. house, tached rear New Homes Just Completed Brick Construction Slate Roofs Moderately Priced 4821 Leland St. Chevy Chase, Md. Price, §7,650 This cozy new home just right for the small fam! . One additional small room. All Iatest equip- ment _including the Electric Health Kitchen. ~One glanee will convince you of its fair modern living comfort and can be built for $2.700 or less. home are the result of extensive & continuing development. Box 434-A, Star office, for an inter- 504 Goddard R Battery Park, Md. 9,450 New_ 7- , 2-bath detached brick home on large lot, 50x150. A home that repre- sents the utmost in planning and construction. A value you shouldn’t miss. Open D217 26 Sunday 10-7 To Reach: Wise. Ave, to Bank of Bethesda— left on car Lane—left to house, Floyd E. Davis Co. Realtors 502 Goddard Road Battery Park, Md. Price, $9,150 You will find here a new cen represents a to inspect over the week en [ 113 Glenbrook Road Battery Park, Md. This is a real bargain in & reclaimed home and priced to sell immediately. ARl brick construction. 'Six large rooms. bath and shower. Bullt- Open for Inspection CYRUS KEISER, Jr. Nat. 0352 733 12th St. NW. 5211 Wisconsin Ave. CL. 5371 ROBERT L. McKEEVER CO. OFFICES RELOCATED Offices of the Robert L. McKeever Co., Inc.,, well-known realty concern, were moved this week from the second floor of the Shoreham Building to more spacious quarters on the ground floor, it was announced today. The following recent sales were an- nounced by the firm: 1320 Sheridan street; seven lots in Highland Park, Montgomery County, Md.; the Joseph —=Star Staff Photo. A. Wise 55-acre farm and residence in Montgomery County; 5205 Colorado avenue; seven acres near Muirkirk, Md.; 199-acre farm in Montgomery County; an apartment house at 2 Eighteenth street southeast; 3002 Porter street; 522 Tenth street; 1737 Wisconsin avenue; the entire frontage on the east side of Forty-third street, between Ingomar and Jenifer streets, in Chevy Chase; a lot in Highland View, Montgomery County: 3500 Mor- rison street; a Colonial home in Cen- terville, Va., and 4850 Bayard Boule- d. CORNER BUNGALOW in Anacostia First Time Offered *6,950% 5 Rooms Built-in Garage 1452 W St.S.E. Only 15 and 20 minutes by auto to Navy Yard, Capitol and Library. Take 11th St. car line S.E., get off at W; walk east. Francis A. Blundon Co. Inc. 805 H St. N.W. Phone NAT. 0714 2222 RANDOLPH ST. N.E 00) o I o1 b, break- ry cellar igh loca~ Price $8,950—Terms to Suit Purchaser Discount for cash above first trust You will be pleased when you see this new home. " Drive ou turn ¢ Rhode Island Avenue, N.E., to 22nd or 24th Street et R antotn ‘Open and Lighted until 9:30 .M. TOLSON, KEMP & NIX, Inc. BUILDERS OF FINE HOMES Dec. 1147 HEAVY RENTAL, WHILE 1719 K ST. NW. 2815 BRANDYWINE STREET N.W. FOREST HILLS ADJACENT to Rock Creek Park and characterized by the same natural beauty as the Park, Forest Hills is also distinguished by its architecture and by the class of the neighborhood . . . This house might be described as a glorified individual apartment, as the 6 réoms, 2 baths, sleeping porch and laundry are all on one fioor, the gas furnace takes cafe of itself and the 2-car garage is under- neath. You are not likely to find an apartment with live ing room 18x25 ft., dining room 1314x18 ft. as here; nor ‘would it have a beautiful lot 80 ft. wide for your own pri- vate flowers and garden and an enormous attic, insulated and .a source of more rooms, if needed. AN APARTMENT OF SUCH SIZE WOULD COMMAND A N $105 PER MONTH TO COVER TAXES, HEATING AND 6% INTEREST ON THE PRICE OF THE PR TY. PRICE, OPEN THIS AFTERNOON AND TILL DARK SUNDAY Route: Connecticut Ave. to Albemarle St., east to end, morth to Brandywine St.; Creek Park by Broadbranch Road to Brandywine St. Louis P. Shoemaker . i HERE_YOU U $14,950 or through Rock NA. 1166 WASHINGTON, D. c., SATURDAY, MAY %, 1935 REAL ESTATE. PRIZES ARE OFFERED |Syun Rooms Draw Attention Of Metropolitan Decorators FOR HOME PHOTOS Magazine to Give $100 for Best Picture of Remodeling of Plumbing Features. To encourage interest in home modernization the Home Desirable, & home owner’s magazine distributed by plumibng and heating dealers, has announced s contest for photographs of remodeling which embrace plumb- ing and heating, with prizes totaling $250. Pirst prize is $100, second, 50; third, $25 and fifteen $5 cash prizes, Conditions have been made simple and easy in order to encourage & num- ber of entries. The entrant need only submit “before” and “after” photo- graphs, together with a written ex- planation of the modernization. Every one is eligible except plumbing and heating dealers and employes of the Home Desirable. ‘The photographs can be taken by the owner, amateur or professional photographer or any other person. Modernization need not be elabo- Mate in order to qualify. Some simple, small may be photographed in such & way that it will bring to the entrant the first or one of the other Pprizes. It is not necessary to make entry on an official entry blank, but con- testants will find several helpful sug- :num given in connection with the Entry blanks can be obtained from plumbing and heating dealers who collaborate in publishing the Home Desirable or by writing directly to the Home Desirable offices, 221 North LaSalle street, Chicago. i 20-foot all-brick; 8 rooms, 2 and recreation room. has the latest type Oxford Copp: d, stripped. frigerator, gas furnace, Investment Building block away. $10,500 to $11,500. operation of the Light Co. Model Home 2320 Insulated with Johns-Manville rock wool. The kitche: Cal w Westinghouse electric re- 4 real bed rooms, breakfast nook, built-in garage. Out Wisconsin Avenue to Calvert, through the Street; lejt to 39th St. and Homes. Open Every Day 'Til 9 P.M. B. H. Gruver Owner and Builder Special Dispatch to The Btar. NEW YORK, May 4.—Leading met- ropolitan decorators this year are giving more attention than ever to the decoration of sun rooms, terraces and porches. Sun-barrows, deeply cushioned rattan pieces and artfully designed . iron furniture sppear in many styles and colors, Sun-barrows, as you probably know, are those com- fortable couches on wheels that may be moved around so you can follow the sun or the shade as you wish. One prominent store has even de- signed what it calls “geographical furniture”—chairs and tables espe- cially attractive for various sections of the country. As for the sun room, the tendency of the New York decorators is to treat it as a distinct interior which demands quite a different scheme from that of other rooms. Sun room ceilings are being finished in light, pleasing colors. Floors in Light Tones. Floors, also, are being painted in light rather than dark tones. In the selection of color schemes the present vogue for light hues acecented by brilliant ones is especially noticeable. Walis of putty color, cream or light yellow are being accented with trims of Spring green, tangerine or ver- million. The decorative device of painting one wall a different tone from the other three is also being introduced. Striking color schemes are being evolved for the sun rooms of smart suburban homes. Oyster-white walls set off with trims of gleaming black or rich, dark blue are particularly Ppopular, Paint prepared for outdoor use is New Glover Park Homes 39th Street N.W. baths REASONABLY PRICED EASY TERMS Furnished by the Hecht Co. Modern Gas Appliances co-operation of _the WASHINGTON GAS' LIGHT CO. National 1737 on You will.be pleasantly surprised at the prices. : containing six and seven rooms, all with two baths, were priced from 2 THOS J.FISHER ‘INCORPORATED Agests. usually employed for window trim and floor because of the fact that they are often exposed to the weather. White Especially Good. Many home enthusiasts are wield- ing brushes, repainting the sun rooms and outdoor furniture of other sea- sons to make it more attractive and to protect it from storm punishment. Quite d.verse pieces become dec- oratively unified when painted in the same colors. Pollowing the lead of the smart shops, home decorators are adopting the new color combinations being featured for Summer furniture. ‘White is especially good and is found in almost every combination. Shades that are being combined with it are garnet (that attractive deep maroon 80 popular this year), (which is restful against the many greens of outdoors) and crisp “elec- tric” blue. A great deal of sunshine yellow is also being used. The well-appointed Summer loung- ing room has, beside its easy chairs and settees, plenty of small tables for holding books, magazines and cooling drinks. End tables for lamps and smoking accessories are likewise considered necessary. New Varnish for Furniture. A varnish product has been placed on the market which is applied to furniture by the simple expedient of wiping it on with a cloth. It dries rapidly with a high gloss and is much more durable and permanent than any type of furniture polish. chocolate | NEBRASKA LICENSES REALTY OPERATORS State Thirty-Eighth in Move for Protection of Public—Effective in 1936. Nebraska has enacted a new real estate license iaw, becoming the thirty-eighth State to set-up a license system for real estaie brokers and salesmen to protect the public against irresponsible, unethical or incompe- tent persons offering themselves as brokers or salesmen. Four Cansdian provinces have like laws. The Nebraska act, which is effec- tive January 1, 1936, is notable in that it contains a section listing specifically 12 acts designated as unfair trade practices for wkich permit may be re- voked. The list incorporates, in some cases word for word, the principal rules agreed upon as unfair trade practices fn the code of fair competi- tion for the real estate brokerage in- dustry approved by the recovery ad- ministration in April of last year. “The Nebraska legislation is the first in which & number of the basic principles for which realtors con- tended in drafting a code have been included in a State license law. Such inclusion represents a tremendous ad- vance in the setting-up of business standards,” Herbert U. Nelson, sec- retary of the National Association of ¥ Real Estate Boards, states. Establishment of a regulative act has been urged for 15 years by the It can be | Nebraska Real Estate Association, and used over any finish where varnish' was actively advocated by the Omaha proves satisfactory. and Lincoln Real Estate Boards. WYNNEWOOD PARK ik A .. Charming New Stone-Front Home 21 Fairview Road OPEN DAILY AND SUNDAY To inspech—Out Sirteenth or Georgia Avenue to traffic light, Silver Spring. Out Colesville Pike to signs on left. 721 10th St. cCoMm Wos.E, Phone Nat’l AN Y 0765 REALTORS Establi Barn 6501 Barnaby Street ONLY ONE of the houses offered for sale last week remains unsold —a sterling tribute to their desirability and fair price—several orders to build are being worked out now. The Silver Star Home will remain open for inspection daily from 2 until 9 p.m. and Sundays from 10 a.m. to 9 p.m. Come out and you will readily understqnd the appeal of this park- like wooded development, where uniformity of architectural design combines with a naturally beautiful setting to create the perfect en- vironment for your home. The location in the District of Columbia assures every convenience, including transportation, which is just one Our first group, We will build for you from your own plans or have our architects help you plan your own home. -Modern Gas Appliances Through Co- Washington Gas Model Home Furwished in Early American Antigues. sarian Rugs by Na- Bros. District 6830 BARNABY WOODS DEVELOPMENT CO, BUILDERS AND DEVELOPERS. ed Since 1915 Suburban Office, 8955 Georgia Avenue Phone Shepherd 3530 The Public’s Stamp of Approval Has Been- Placed Unbhesitatingly on This Silver Star Home and JHOWING LOCAT/GN OF *++ SIVER STAR MODEL HOME- IN THE DIIfRICfn/(CDUIMl/A Al BLACK LINE SHOWS THE MOSTDIRECT ROUTE TO PROPERTY