Evening Star Newspaper, July 20, 1935, Page 15

[ re e ] @he Foening Staf WASHINGTON, D. C, SATURDAY, JULY 20, 1935. BOARD LOSES HOPE FOR LICENSE BILL AT THS SESSION Needed Real Estate Check Has to Wait Until Next Convening. CURRENT BOOM SEEN STRESSING ITS VALUE Outside Dealers Are Brought to Capital—Investors to Be Chief Gainers. BY JAMES Y. NEWTON. Their bill hopelessly pigeonholed by 8 House District subcommittee, the Washington Real ELstate Board has despaired of naving enacted at thls‘ session of Congress 'ne badly needed legislation which wouia regulate and license real estate trokers and sales- | men in the District. | However, the bosrd still has hopes the bill will get through Congress dur- ing the next sessim, which would prevent the necessity of reintroducing §t. For 10 years atiempts have been made to have the bill passed, and each time it has been permitted to die after being forced to give right of way to “more important” District matters. Board officials point out that regu- fation is needed by the real estate business here more during the cur- rent “boom” than st any time in years. Greatly increased activity both in building and solling homes has brought outside dealers by the score to the Capital area. The proposed | law with its oenalties for unscrupu- | lous practices would prove a great pro- tection at this time both to tne in- wvesting public as well as to honest real estate brokers and salesmen. More Important Since N. R. A. Charles J. Rush, secretary of the board, said the enactment of the license bill is 2ven more important since the folding up of the N. R. A. codes. The sode for brokers never functioned as well as anticipated be- cause it was used scmewhat of a foot ball by the admicistration, but it undoubtedly did sonie good, and of- fered a measure of pictection against unfair practices. Rush has on his desk a very recent case in Washington where a real estate investment firm attempted to attract investors by advertisements that obviously were too rose-colored, | such as offering a 100 per cent return | within a very short time. It is for | protection of the business against just | this type of unfair lure that the reg- ulatory legislation is so much desired by the board. ‘The bill was passed by the Senate last February shortly after it was in- troduced by Senator King, Democrat, of Utah and Chairman of the Dis- trict Committee. In the House it was immediately referred to the District | Subcommittee on the Judiciary, of | which Representative Palmisano of | Maryland is chairman. There it bas| remained with numerous postpone- | ments of hearings. The bill has the | backing of the District Commission- | ers, and because it has little or no| opposition it has been forced to give way to controversial legislation. “Un- questionably it will remain in the subcommittee for the remainder of this session, and there is grave doubt in some quarters as to whether it will be finally passed in the following meeting of Congress. Description of Bill. The bill is described as one “to de- fine, regulate and license real estate brokers and real estate salesmen; to create a Real Estate Commission in the District of Columbia; to protect the public against fraud in real estate transactions and for other purposes.” Section 1 provides “that on and after 90 days from the date of enact- ment of this act it shall be unlawful for any person, firm, partnership, co- partnership, association or corporation (Continued on Page 4, Column 6.) DETACHED CORNER Center Hall Plan 4541 Chesapeake St. Drive out Mase. Ave. to 46th St. Turn right to Ezhibit Home. $12,950 A REAL BUY in an unususl corner home with such fea- tures as recreation room, living room with open fireplace and Testricted Northwest home com- munity between Massachusetts and A FEW FEATURES Perfectly Planned Detach: Home All-Masonry Construction caj odded Lot 110 Ft. Wide light and airy basement. Homes That Have Been Sold in Recent Capital Area Realty Activity Upper left: Attractive residence at 4809 Forty-sixth street, Northwest Park, which has been sold to Raymond H. Cochrane by the Cafritz com- pany, developers of the section. Upper right: Mr. and Mrs. Groome Eareckson purchased this home, at 1218 Thurman street, Woodlawn Village, Va., from T. J. Brumback, builder. Below: New home at 3311 Rittenhouse street, Highwood, sold to Lieut. Comdr. and Mrs. Francis H. Webster by the firm of G. F. Mikkelson & Son. Lieut. Comdr. Webster is with the United States Navy Medical Corps. —Star Staff Photos. Final 0pportunity Offered To Visit Silver Star Home The public will get final opportunity | this week to inspect the third Silver | Star home of 1935, which is located | at 3359 Quesada street, Chevy Chase. | This beautiful Cape Cod Colonial | home already has attracted some of | the largest crowds of the year, and has | met with the outspoken approval of a | large number of the visitors. Built by Paul T. Stone, Inc., and presented by J. Wesley Buchanan, Inc., the home is situated in the new Stone de- velopment of Wrenwood, which is only three blocks from Chevy Chase Circle, within the District. The home is spacious, compact, priced at a popular figure and situated | in one of the most restricted and at- tractive new communities in the Dis- | trict. The neighborhood has all of the facilities desired of a residential section, with good means of transpor- tation, and schools, churches and stores nearby. Adjacent to the model home Stone is building a number of other desirable residences. Furnished by Hutchison’s. John F. Ligon designed the draperies | for the home, while the furniture was supplied and arranged by Hutchison’s, Inc. The home possesses many fea- | tures usually found only in homes that are far more expensive. The facilities | for play have been well taken care of, | with a large recreation room in the This room is paneled and has a comfortable fire- Sale or Rent Co-operative Apt. No. 304 3600 Conn. Ave. Featuring large living room, bed room, dining room, kitchen, modern bath. Delightful corner, cool and comfortablesin up-to-date building. The price is right, terms less than rent. Here’s your opportunity to be your own landlord, or have a safe investment with good income. OPEN SATURDAY AND SUNDAY Realty Associates, Inc. 1506 K NAt. 1438 4109 Maryland Drive 6 rooms. oil burner, G. E. Refrigerator. Drive out mew Conduit Rd.. turn lef first street beyond Dalecarlia Reservoir, Open Today and Sunday MARLOW-BEECH 'CORP. 907 15th St—~MET. 1170 place. The work room, the kitchen, is one of the largest to be found in a comparatively small home. It pos- sesses ample cabinet space and work tables, and has been tastefully furn- ished and decorated. ‘The designer of the model home showed sound judgment in providing two large screened porches. One, lo- cated just off of the living room, pro- vides & cool and comfortable place to spend hot Summer evenings. The second, for sleeping, is adjacent to the master bed room on the second floer. Many of the little things in house planning that so often are overlooked in planning small homes, such as ade- quate closet space for the bed rooms, has been supplied. in abundance in the model home. A large cedar-lined closet for the master bed room is one of the features. Approved by Experts. The Star’s committee of experts in all phases of home construction, de- sign and planning, gave its unanimous indorsement to the Quesada street residence. This committee, whose members are all prominent in private and Government housing and real estate circles, is headed by James S. Taylor, of the Federal Housing Ad- ministration, and formerly chief of the division of housing of the Department o QOutstanding 'PETWORTH VALUE Corner Home - $9,450 338 Farragut St. NW. LL-BRICK CORNER HOME, center-hall plan, 6 large rooms, tile bath with built-in_tub and shower, de luxe kitchen with built-in Oxford cabinets, bright and ‘cheerful bed rooms with cedar closet, 2-car built-in garage. Reconditioned like new and priced at $2,500 be- low original cost. This home at $9,450 represents the best buy in Petworth and is ideal for a doctor or dentist. Open Until 9 P. M. 1404k CAFRITZ D1. 9080 Over 3,000 Lifetime Homes Built and Sold An Invitation - ! - To appreciate the highest standard of home construction, you simply MUST inspect— 5012 Massachusetts Ave. We offer this unusual value on Washington’s most eleva not help but enhance. ominent avenue—an ideal location—high n, panoramic view—and where values can- Briefly—the house is of stone-and-brick con- struction of Commerce. This committee, whichl examines all homes for which appli- cations are filed for Silver Star awards, | gave the house a most rigid test, and | it passed with flying colors. The home may be reached via Con- necticut avenue to Chevy Chase Circle, east on Western avenue a half block to Quesada street, and then east two Beautiful New Home In Exclusive Meadowbrook Developed by MONROE WARREN l pen St. Chevy Chase, Md. An all-brick Colonial, 3 bed rooms. 2 baths. This is an Ali-Electric Kitchen Health Home. Equipped with automatic oil furnace. Hot-water heat. Oven Daily and Sunday Out Conn. Ave. to Aspen St. (one block mn. Av north of Leland) turn wesi 1% blocks to property. blocks to Broad Branch road. The home is located at the intersection of Quesada street and Broad Branch road. It is open each day from 10 a.m. until 9 pm. Houston Permits Increase. Building permits for Houston, Tex. have just passed the $3,000,000 mark. In Exclusive Woodley Park Only One Left Exhibit Home 2940 Cortland PL. N.W. These houses have 4 bed rooms, 3 baths, first-floor lavatory, balsam wool insulation, furred walls, oil heat and elec. refrigeration, HiATH HOME $14,950 Open Daily and Sunday Until 9 P.M. Drive out Conn. Ave. to Cathedral Ave.. west on Cathedral to 29th, morth om 29th ome block to Cortland, left to house. H.G.Smithy Co. 811 15th STREET NATL. 5904 MONROE Beautiful New Home in Exclusive Grasslands Developed by WARREN Nevada Relief Rolls Cut. The Nevada Emergency Relief Ad- ministration reports 929 persons going off relief rolls and on to pay rolls in June. An analysis of the type of em- ployment obtained discloses the fact that 50 per cent of those going back on pay rolls have been employed in the building industry. Introducing: Building News PAGE B—1 HOME MORTEAGE ISURANCE PLIN SULCEEDNG HERE Federal Housing Office Has Aimost $6,000,000 in Applications. DISTRICT LEADING U. S. IN SURETY REQUESTS Speculative Builders and Land YOUNG COUPLES BUYING | New York Notes Drop in Age of Persons Seeking Financing. | The number of young couples buy- | ing homes in New York State is in- l creasing, and the average age of appli- noticeably since 1930, according to C. Harry Minners, president of the New Loan Associations. Reports received by Mr. Minners from association executives in various ,parts of the State number of young folks among home- loan applicants today as compared to | cants for home financing has dropped | | York State League of Savings and | “emphasize the | Developers Are Showing Un- usual Co-operation. Evidence that the mutual mortgage insurance plan of the Federal Housing Administration is cucceeding in the Capital was furnished today by H. H Dearing, director for th: District, who announced that his oifice has acrepted applications for insurance tctaling $5,839,606 in mortgages. Dearing said that commitments for insurance actually have been issued on $1,458,650 worth of mcrtgages, while the remainder of the applications in- volved in the first fgure are some- where in the process of approval. Ap- plications and preliminary approval fees have been accepted by Dearing'’s office on 902 mo Tes. “Washington home cwners and those who are building homes, the locai real | estate men, specnlat.ve builders and mortgage investment firms,” Dearing said, “are rapidly being educated to the fact that the mears of home fi- | nancing provided for in the national housing act is the best for all con- | cerned, and furnishes a solid founda- tion for a sound ana lasting policy of home financing.” D. C. Office Leads Nation. The District otfice, Dearing pointed | out, leads the country in numboer of applications for mortgage insurance as compared with quotus for the vari- ous areas, established by F. H. A. | Despite the fact that both in popula- | tion and actual size the District area five years ago, ” Mr. Minners said. (Continued on Page 6, Column 1. Quality Lot—62%x115, Roof—Slate, ceilings insulated. Large—Living Room, Tiled Bath—tub and Basement—H.-W. H. Attie—Over_entire 1707 Eye St. FIRST OFFERING New $6,750-°° Homes Can refinance with F. H. A. loan payable about $45.00 month, including everything NEW BRICK BUNGALOWS — Charm — Egquipped Walls—Brick, parged and furred. Dining Room. 2 Bed Rooms. . —Pittsburs Heater. Wea (ber-stripped-—caviked—screened. OPEN DAILY TILL 10 P.M. 219 McKinley St. Huntington Terrace, Bethesda, Md. Out Wisconsin Ave. to Bank in Bethesda, bear left on Old Georgetown Road, left on McKinley St. to homes. BRODIE & COLBERT, Inc. . Realtors Perfect Kitchen. Natl. 8875 [ “Westwood Latest L. E. Breuninger & Sons, Inc. Development The Close-i-Town Subdivision And Presenting: “Westwood's Garden Home™ Interior Decorations by: Woodward & Lothrop We invite you to visit this attractive home. 4540 Dexter Rd. Via: Mass. Ave. to Cathedral Ave. N.W. to Fozhall Road; Thence South 3 Blocks to Dexter Located on a wooded ridge along Foxhall AV iew of the Rear Garden Garden Development: Through the office of Road:. . . where nature and building artistry have combined in achieving today’s ultimate in Home Living 6 e;}plendid rooms, 2 tiled baths, furred and insulated walls, model electric kitchen, 24-ft. recreation room with stone fireplace, lavatory ad- i ng; oil p&eat, electrt.cl tre ?ratar,k screens, ng, green slate roof, brick garage. The lot is wooded, 150 feet deep. o) No! This is not a high-priced home. I is offered at $12,750. However, the appointments and ezcellence of detail are not to be found in higher- priced homes. Six Spacious Rooms Two Tiled Baths Brick Garage Electric Health Kitchen Built-in Cabinets Dry Concrete Cellar G-E Oil Burner Basement Lavatory Copper Water Pipes Weather-Stripping New-Type Radiators Artistic Decorations ., Completely Furnished by THE HECHT CO. .. Open Until 9 P.M, 1404 kX CAFRITZ pu. soso 7 Over 3,000 Lifetime Built and Sold fifi Daniel Coz Fahey, Jr. Corner 44th & Yuma Sts. N.W. Farnished by Draperies by Hutchison, Inc. John F. Ligon 4 More Homes Nearing Completion An all-brick Colonial. This is a General Electric Kitchen Health Home equipped with Automatic Oil H.-W. Heat. . Price Range From $10,250- OPEN DAILY UNTIL 9 P.M. B e B ks ke progerts e OFFICE ON PREMISES Earle M. Dawson, Sales Built by the builders of the present “Star Model Home,” and where the same high standard of specifications are included. And Remember “Stone Built Homes Are Better Built” Paul T. Stone, Inc. 3412 v‘fl” St All Realtors are cordially invited to visit this Development *“This is an Electric Kitchen Health Home" CLev. 9143