Evening Star Newspaper, October 16, 1937, Page 26

Cc—4 FAIRFAX REPORTS REALTY UPSWING Total of $60,000 in Property Changes Hands in Last Week. Special Drspatcn to The Star. FAIRFAX, Va., October 16.—An up- swing in real estate activity in Fairfax County during the past week was in- dicated on the basis of records in the office of the county clerk. Real estate changing hands carried an approximate valuation of $60,000. No large tracts were included in the deeds recorded. Among the trans- actions were the following: People's National Bank of Leesburg conveyed an acre lot and hall, formerly owned by the Cavaliers of Virginia, to the county school board. The property adjoins the present elementary school in the town of Fairfax, and served as the town school before the building now in use was constructed. For the present the building is being used to provide for the overflow of pupils from the main building. Also in the town of Fairfax the National Bank of Fairfax has sold its old bank building to John S. Barbour, local attorney. The building at present houses on the second floor the law offices of Barbour, Garnett and Pickett. At Ingleside, Mount Vernon district, Mrs. Anna Boal Wickes has sold 6.87 acres to Mr. and Mrs. Carson A. Bowers, and in Mount Vernon Hills, Mr. and Mrs. Fred E. Kroker have sold a lot to Buford B. Arthur, and in Engleside Subdivision, M. D. Cooper and Arbutus R. Cooper have purchased & lot from Mr. and Mrs. Kroker. A. E. Canfield has purchased a lot in the town of Herndon from Mr. and Mrs. W. V. Terry. In the town of Falls Church Mr. and Mrs. Robert P. Brown have conveyed a lot ir. Sher- wood Subdivision to Lawrence P. Brown. Two lots at Chesterbrook, be= longing to the late Clara Virginia Fearson, have been sold to Edward V. Schottroffe. A house and lot on Columbia street extended, town of Falls Church, has been conveyed to Annie Bowsfleld by Bessie Y. Copeland. On the George- town pike at Langley in Providence district, a house and approximately 1.554 acres have been sold to Henry Alonzo Storm by Langley Land Co. Mrs. Luella Schreiner has purchased a lot at Dunn Loring from Mr. and Mrs. Ara J. Petty, and four lots in West McLean have been sold to Mr. and Mrs. Elmer L. Seaton by Mr. and Mrs. Thomas James Goode. Three lots In River View Subdivision have been sold to Vernon M. Cooper by Mount Vernon Boulevard Develop- ment Co., Inc. A tract of 20 acres on a branch of Scott’s Run in Providence district has been sold to Bernard O. Smyth by | Mr. and Mrs. Stacy T. Noland. Mr. and Mrs. B. M. Smith have sold a lot in Mount Pleasant to Mr. and Mrs. Henry Lee, and a lot on the Washing- ton-Richmond Highway in Mount Ver- non district belonging to Mr. and Mrs. Herbert W. Walker has been sold to Mr. and Mrs. John P. Leisner. Jessie R. Harlow has purchased a lot on Little River pike, Falls Church district, from Mr. and Mrs. Richard M. Owens, and approximately 1.6 acres on the North Run of Pohick, a part of the South Run tract, has been sold to George R. and Sara Fay VZait by Thomas F. and Delta O. Colvin. A house and two lots in Cameron Villa Farms on the Franconia road, Mount Vernon district, has been sold to Mr. and Mrs. Harrison B. Gray by Mr. and Mrs. Hansford Sullivan. Two lots in Beverly Manor and 10 lots in King's Manor have been sold to Mary ‘Winslette by Beverly Manor Land Co. M’CALL’S NEW HOUSE IS ‘MEDLEY’ IN STYLES The home of the month for October, chosen by the Land Developers and Home Builders’ division of the National Association of Real Estate Boards, pictured in McCall's magazine for October, presents three types of archi- tecture, traditional, transitional and | modern. All types are used on the same floor plan with but minor changes. Under conditions of modern life, | people want to shield themselves from the outside world. porch is so longer useful. The front now gives way to service. Living Tooms face the garden end of the plot. Long drives to a garage are eliminated. Front yard planting becomes a part of the architecture of the house rather than just so much shrubbery. The October home of the month, planned to meet these considerations, is & house that it is believed will spell “American” for generations. The home-of-the-month plan will be discussed at the coming Pittsburgh convention of the National Association of Real Estate Boards by James Harold Hawkins, architectural editor of McCall's. COMPLETED “Tall Oaks” of Chevy Chase, D. C. The truly outstanding NEW home offering today! sirably ‘located in wood NED through- out. attached ga- gmazing jonally ‘Turn i cul then right on R 1t tenhouse 8t at top of hill one square to 20th 8t. and left to homes. Also—SOLD The old front| REAL ESTATE. THE EVENI Westhaven Residence Completed Recently New home at 5502 Wriley road, Western, Md., Gatchell by the builders, the Westhaven Development Co. terson, architects. S NG STAR, WASHINGTON, which was sold to Mr. and Mrs. Oliver W. It was designed by Schreier & Pat- 5 P —Star Staff Photo. Realtor Session (Continued From First Page.) tach unusual importance to his ad- dress. To Weigh Building Decline, A problem of great importance with which the convention is expected to deal at length is the recent slowing down of residential construction. In many quarters this slowing of the building pace has been attributed to rising construction costs, while in others it is considered as part of the leveling off of general business. There is known to be a great housing short- age and need for new home building in most sections of the country. Most authorities say the construction re- vival of the last two years has done little more than scratch the surface of the great potential market created by years of depression stagnation of the industry. The problem of lowering home building costs will be dealt with spe- cifically by the Home Builders Guild, which the national association cre- ated last Spring for just this purpose. The guild is seeking to accomplish this end through co-operation of building materials manufacturers. A number of specialized groups of the national association will hold meetings during the convention. Among these are the American Insti- tute of Real Estate Appraisers, the Farm Institute, Brokers’ Division, Secretaries Council, the Land Devel- opers and Home Builders’ Division, the Institute of Real Estate Management and others. There also will be ses- sions of the executive board and board of directors of the national associa- tion. Neighborhood Factor to Come Up. Three divisions of the association, brokers, appraisers and property man- agers, will discuss neighborhood fac- tors affecting the use and value of real estate. A striking development of the last few years in the field of real estate has been the increasing recog- nition of the importance of relation- ship between the individual property and its neighborhood. Brokers will discuss neighborhood factors affecting present and future use as they should be studied both on behalf of the buyer and on behalf of the seller, to find the logical user. Appraisers will study analysis of a given property’s neighborhood (and hence its own probable future) to judge advisability of a mortgage loan upon it. Property managers will dis- cuss the need of constant reshaping of the administration plan for a prop- erty in line with neighborhood trends. Wallace W. True, New York Equit- LOVELY NEW HOME “HOMEWOOD” A BEAUTIFULLY WOODED, HIGHLY RESTRICTED SECTION IN THE AMERICAN UNIVERSITY PARK AREA ADJOINING UPPER MASSACHUSETTS AVENUE ON THE WEST. able Life Assurance Society’'s city mortgage department, will speak be- fore the American Institute of Real| Estate Appraisers on “Neighborhood | Analysis in the Appraisal of Real| Property.” Robert H. Armstrong, New York, president of the New York chapter of the association, will speak before its brokers division on “Neigh- borhood Factors in Real Estate Broker- age.” Mr. Armstrong is trustee and secretary of the board of the Institute for Economic Research. James C. Downs, jr., Chicago, president of Con- tinental Management Co., will address the Institute of Real Estate Manage- ment on “Keeping Management poli- cies in Line With Neighborhood Forces.” Mr. Downs is editor-in-chief of the institute's technical quarterly, the Journal of Real Estate Manage- | ment. | “Selling America” Topic. Joseph J. Greenberg, Philadelphia, immediate past president of the| Philadelphia Real Estate Board, will| address the brokers division on| “Selling America.” An investment builder for a quarter of a century, he| has erected 88 major structures. | President of Joseph J. & Reynold H. | Greenberg, Inc., doing a general rnal} estate brokerage business, his civil| work includes service as a member of | the Executive Committee of the City | Planning Commission of Philadelphia, having charge of future planning of Philadelphia and surrounding terri-| tory. Frank C. Owens, Atlanta, Ga, recently chosen vice president on the association for the Southeast region, will speak before the brokers division on the subject, “Analysis of the Gross Income and Operating Costs of Real Estate Brokerage Firms.” Mr. Owens, vice president of the Draper-Owens Co., is vice chairman of the brokers division for the southeast region and a past president of the Atlanta Real| Estate Board. | Boyd T. Barnard, Philadelphia, who represented the American Institute of Real Estate Appraisers at a meeting of the joint committee of the Inter- national Federation of Surveyors, held | in Paris during the Summer, will re- port to the institute upon the plans for international study of appraisal problems through this federation, em- bracing the principal appraisal soci- ties of the various nations, of which the American Institute is a member. The States council of the association, made up of representatives from each State and formed to discuss matters | involving State-wide action, will have | before its Pittsburgh meeting Lhe! broad question of what its future program should be. Donald T. Pomeroy, Syracuse, N. Y., immediate past chairman of the association’s} 1604 32nd St. N.W. GEORGETOWN Facing Old Tudor Place 9 Rooms, 3% Baths, 11 Closets floor lavatory, maids room and bath. Al walls painted k wool insula- tion, furred walls, copper. flashings and downspouts, full-height screens, complete bell system, loundry chute, kitchen vent to roof, 6-burner gas range, General Electric 6 cu. ft. re- frigerator. Garwood Air Conditioning Fireplace, Garden and Terrace $17,500 Open Dally owner Renato Corte Designer Decatur 2770 or Your Broker IN | and property managers. States Council and 1935 president of‘ the Real Estate Association of the State of New York, will lead discus- sion on this subject. REALTORS ANNOUNCE PLANS FOR SESSION Southeast Regional Convention of Board Association Set November 29 and 30. Preliminary plans for the Southeast Regional Convention of the National Association of Real Estate Boards, to take place at Jacksonville, Fla., Novem- ber 29 and 30, are announced by Frank C. Owens of Atlanta, regional vice president of the association for the Southeast region. The convention will bring realtors together from seven States, Tennessee, North Carolina, South Carolina, Mis- sissippi, Alabama, Georgia and Florida. Two hotels will be the convention headquarters, the Mayflower and the George Washington. The Tennessee Association of Real Estate Boards will hold its convention in Jacksonville, November 27, in con- nection with the regional meeting, and the Florda Association of Real Estate Boards' convention, set for Saint Augustine, November 26 and 27, is planned to precede immediately the | regional convention. Paul E. Stark of Madison, Wis., national president, and heads of the various institutes and divisions of the association, will take part in the Southeast Regional Convention. Speci- alized group conferences are planned | by appraisers, brokers, home builders | First Floor Bedroom and Bath Corner Lot 75x 150 Feet Brick Construction These are only a few of the features that make 150 Exeter Road (Corner-Wilson Lane) BATTERY PARK, MD. An Outstanding Buy ot $10,950 It also has a center hall; 25- foot living room; gas heat; two bed rooms and bath on second floor; furred walls, slate roof and garage. Open Today and Sunday Drive out Wisc. Ave. to Bethesda, take Old Georgetown Rd. (left of bank) to Wilson Lane, turn left to Ezeter Rd lSHAN:NON Lujcnsl Excl. Agents 1505 H St. NNW. NA. 2345 D. C, KEY T0 FINANGING INMORTGAGE LAW Uniform Statute Is Urged at Convention by Horace Russell. A uniform real estate mortgage and foreclosure law for the entire country to encourage liberal home financing was urged at the convention of the United States Building and Loan League, held in Los Angeles last week, by Horace Russell of Washington, general counsel for the Federal Home | Loan Bank Board. He said that such a law can be divised by students of the problem, and that it can be domonstrated as in the public interest. “We find that State by State the Legislatures enact laws in good faith which they think are in the public interest, but which have, in fact, brought about our present situation,” sald Mr. Russell. “Adding additional procedures and costs and delays to foreclosures has created a situation which prevents lending institutions, in many instances, from extending consideration to the debtor which they ordinarily like to give. More Liberal Practices. SATURDAY, OCTOBER 16, 1937. excess judgments will be silenced, and more families will be induced to under- take the responsibility of hom~ owner- ship, feelind®a greater security under such law. By preventing many fore- closures, the real estate market will be protected and real estate owner- ship will be encouraged and popular- ized. All of these are objects which it is in the public welfare to accomplish and it will be profitable to borrowers, lenders and the public alike.” Negotiable Instruments Laws. Countering the argument of diffi- culties in securing such a uniform law, Mr. Russell pointed to the ac- complishments in making uniform the negotiable instruments laws of the various States. “Only a few years ago such laws were in ths most hopeless confusion,” he said. “Commercial bankers dealing with bills and notes and.commercial paper were constantly in danger in spite of the exercise of reasonable care, and the public welfare was seriously Jeopardized because the banking busi- ness of the country was obstructed by archaic and unworkable laws.” Two Coats Best. It is considered false economy to attempt to save on the number of coats of paint applied for surface pro- tection. It has been conclusively that two coats of paint applied every four years will give better service than one coat applied every two years. “A better foreclosure situation re-| sults in more liberal practices in financing homes, enabling the young | man to assume responsibility of home | ownership earlier when he has ac-| cumulated a comparatively nominal | sum from his meager earnings. Whereas harsh or cumbersome fore- closure laws prevent him from obtain- ing financing until he has accumulated a much larger sum in cash. In Eng- land, mortgages are very quickly fore- closed at nominal cost and yet we find no substantial injustice is done to home mortgage borrowers, and some being made in home ownership there. “Immediately after we have im- proved our mortgage and mortgage foreclosure laws, lenders will be able to extend greater accommodations to| home owners. Business recovery will | be promoted by the building and financing of more and better homes. The hue and cry of unconscionable PAINT FOR EVERY SURFACE, GLASS FOR EVERY PURPQSE ! "HUGH REILLY CO. 1334 NEW YORK AVE NArionac 1703 EARLY 50 VEARS OF QUALITY & SERVICE Tune in Station WRC of the greatest progress on earth is| || WHY PAY MORE? When you esn buy this all-brick quality “home for only One of 5 homes. New brick homes that feature con- struction details you would only expect in expensive houses. Bix rooms—Afirst floor has large living room. two bedrooms. kitchen. break- fast room and bath. Second floor nicely finished Full basement. Double oak doors. hot-water heat. screens, electric refrigeration. metal kitchen cabinets. Easy terms: pay less than rent City water and sewer. gas and electricity, Sample House 4300 Dewey Ave. S.E. Open Daily and Sunday Until 9 P.M. To inspect: Drive out Pennsylvania Ave. s.e. turn left on_Alabama Ave. to Beck St., right on Beck to South- ern Ave.. ieft on Southern Ave. to Dewey Ave. JOSEPH C. ZIRKLE Owner— —Builder Tuesdays, Thursdays, 11:30 A.M. 907 15th St. N.W. District 8888 '3505 Texa @ Bedroom and bath on first floor ® 2 bedrooms and bath on 2nd floor o Oil heat $9,750 Open Daily and Sunday TO REACH: Cross Penna. Ave."SE. Bridge and con- tinue {0’ 3400 block S.E. o turn 18/t Yy block to house. Exhibit Home, This beautiful home is sold. There are two remaining homes almost completed. (Six built—four sold.) Inspect this latest group of m(?d- ern- air-conditioned homes before you buy. There is no place like Barnaby Woods—No home like ours. % s 6529 Thirty-Second S High Elevation, Overlooking the City 2515 Po. Ave. S.E. s Ave. S.E. @ Slate roof @ Insulated Furred walls Detached garage @ Large lot UP—Terms Randle & Garvin Atl. 7500 treet N.W. demonstrated in tests by paint experts | | REAL ESTATE. o ———————————————————————— e e e e e e e e e e e e e et e~ e e e e e e et et e e FINEST MAHOGANY The finest mahogany furniture of eighteenth century England was made from Cuban or Santo Domingo lum- ber. Huge logs from the magnificent trees of these West Indies islands sup- plied the unsurpassed wood from which Chippendale and his con- temporaries made their ehoicest pieces. Today there is comparatively little of this mahogany on the market and it is necessary to go further afield for the trees from which the great logs can be cut. A large detached brick pantry and kitchen, library porch overlooking garden. Second floor—Four bedroom: gas air-conditioning heatin insulated. PHILLIPS & Kent—A Comm Na. 4600 Lovely New Colonial in Kent 12,600 sq. ft. and overlooking the hills of Virginia. First floor—Living room, 15x24, with fireplace; dining room, Third floor—Bedroom, bath and storage room. Special features—Maid’s room and bath, recreation room with fireplace, laundry room, 2-car built-in garage, G. E. Open Daily and Sunday Until 9 P.M. Drive through Wesley Heights or pass American University to the entrance to Spring Valley, then follow Little Falls Road to property. on a lot containing over with fireplace; large screened s, two baths. g plant; roof and side walls CANBY, Inc. unity of Character 1012 15th St. N.W. Meet think about: 1. A pleasant 20-minutes’ drive from the heart of Washington into the most picturesque section Spring, straight out 16th , turning into Colesville Road to Woodmoor, adjoining Indian Spring Golf Course. 2. Inspect the various types of homes. Colonials, Bunga- lows, Early American, etc.—bui by us under our strict specifica- tions which include ev: ern convenience and ty. 3, Note that Perfectly Planned means COMPLETELY FIN- ISHED; streets, sewers, gos, electricity, landscaping, etc. home is completely furnished by You will find us there to show you week day from 10 a.m. to 9:30 p. Tower Bldg., Met. 1776. the complete priva Convenient to shoppin, Check these immaculate a for quality features and ex construction. Every feature and shower. and wash trays in basement, screening, weather strlpped"ROCK WOOL INSULATION, Us at WOODMOOR The Gorfectly Plinmed Community —and this is what we want you to come and see and 4, Graded, public and perochial schools are handy—and o 5, Every lot has 70 ft. or more frontage—and the whole Woodmoor community is in the heart of nature and her most beautiful expression. 6. Copital Transit Company’s Four Corners busses run di- rectly out 16th Street, with their terminal at the office of Wood- moor. 107 Pierce Drive—$10,250 Conveniently Financed To demonstrate the wonderful livableness of Woodmoor homes this W. & J. Sloane. Prices From $8,450 to $11,750 around any time tomorrow and every .m. Moss Realty Company Owner and Developer Woodmoor Office, Shep. 4517 Why Pay Rent? 2-in-1 HOMES After as little as 10% down, these homes can be purchased for $32.50 a month wit the monthly rental from part which you do not occupy. Financed until paid for—no renewals. Two complete homes in one, with cy for 2 families. Beautifully Located on High Elevation Exhibit Homes 512-14-18 Mellon St. S.E. g center, schools, movies, churches and transportation. nd beautifully finished homes tras that characterize superior requisite to comfortable, mod- ern living. First floor consists of large living room, bedroom, dinette, modern kitchen with Murphx with built-in tub and shower. Second 2 bedrooms, dinette, kitchen and bath with built-in tub Ample closet space in all rooms, lavatory cabinets and bath oor has living room, ardwood floors, full copper $14,500 OPEN SUNDAY 10 TO 8 DAILY 2 TO 8 Drive west on Massachusetts Ave. to 46th St., north to Albemarle St. and west (first block) to house. A gem in design, plan and environment. Finely built, spacious, Center Hall Colonial Brick house, on beautiful lot 55 ft. front. AIR CONDITIONED. Paneled den with adjoining lavatory. 3 large bedrooms and 2 full baths on 2nd floor; 2 real bedrooms on 3rd floor. Kitchen any good housekeeper will take pride in. Big, screened side porch off living room. House insulated and furred. 2-car brick garage. Fine trees, BOSS & PHELPS REALTORS Moderately Priced at $12,950 Furnishings by Hilda N. Miller This Is an Electric Kitchen Health Home Open, Heated and Lighted Daily and Sunday Until 9 P.M. Directions: Drive out Connecticut Avenue to Nebraska Avenue, turn right to Utah Avenue, north to Thirty-second Street and right one block to property. M. B. SWANSON—Owner-Builder B. TOOLE—SALES—EMERSON 6843 furred walls, OIL HEAT, back porch with large back yard completely fenced in. Price, $9,850. Open Daily and Sunday ’til 9 P. M. - TO REACH Go aeross Anacostis Bridge up Nichols Ave. to 2900 block, turn risht at Amoco Station onto Mellon Street, proceed one-half block. 6286 29th St. 2918 Tennyson * OIL AIR-CONDITIONED Buils oy Douglas Construction Co. J. WESLEY BUCHANAN REALTOR 1732 K Street MEtro. 1143 Save the Broker's Commisslon Built and Sold by Owner Max Simon Linc. 3296 1417 K