, 1880-12-05
WASHINGTON, D. G.
GREAT ACTIVITY IN THE MARKET.


W.aslIiScroS. D. c., Dec. 4-Therr is gzeat ac-
tivity in tho WashinRton real estAto markct.
Prominent dealers report tho sales ten times us
uiuch Us they wcru two years ago. There hns
not, however, been any marked ndvancc In
prices but it must not be forgotten that real es-
tntc in this city neyer was so deprecated It's it
was in commercial. cities The effect Of tho
panic, and of tho subsequent period Of CONNER
chi depression, upon Washington reai estate
was to check sales, but no1 to greatly rcduco
prices. The reason was, undoubtedly, that the
improved property was, for the most part. held
by largc dealers, heavy capitalists. and wealthy
non-residents, WHO had purchased With
VIEW, 70 SPECULATION,
or for ultimate Improvement When tho de-
pressing times came improvements were tenn
poruriIy suspended Salcs wcro as frequent. but
lnrgo holders kept their property for better
times, not needing to sell, and unwilling either
TO incur the actual loss that would have resulted
from forced sales, Or to forego the speculative
profits which were anticipated, and which can
now be realized. u
The portion OF the city where there ts tho.
greatest activity In real estate is Mt the West
End especially in tho northwestern portion OF
it, generally we'll known throughout the country
as the tract Of land selected as the basis Ut tho
operations of tho so-callcd Real Estate Pool
Results have shown n1ar the large operators who
planned tho comprehensive system of public
.'npto eea ~ VIZ" suu ..";n,. 49, "''n
iau'oas, a't0 ~ eo'4'etson "1" "1'~n ~ N1~-A
corruption IVES charged, were
VERY sIIKEWD PROJECTORS.
This section was once barren tract. sort
Of "swa.np poodle" of tho West End, which
was In part Innrshy ind in many plnccs below
grade. An extensive scale OF improvements
WIS planned, and In part executed Broad ave-
MUGS "cie eAte..aeo, WIZ sos..' s'a.. ILL., e
e'e.s 80 41'o Aes ~.
"'iuc4 neso- LUZ p'oauo. -. e~~ .oe.s.
wa .No ruse sas~ ", n,,',; cto....+ ,,ltas
senA'or ,lo Nc'',.1 ~, '.'i;1ua ;' - " LII"
peeanie Auo"'4 aalo 20 ~ nn""n' , 90
tat .oShs, Hs.,, aas.s n.eE1,s .,.sa .aas
LIZ '"'s ., .>,'1" t e 49,, -
n1ene 10 tno iol1s, aaa /" tc.n'nuel u tne n1's
ioi'unes' VI ls oauoot. ~ sos1 ~. 'u'ne"'o
sum Oh money anu nus lo' years oee'l g.apss,
Inc neAI Aou2c on a n'ree ec.sse put!. ~ 4'1'
locality WIS tno alaus1ou VI too
Ih1s IL large, suos1ant1a1 STRUCTURE ou'it Ill ac
coruance Wlth tho Ensalsn 1ueos ol so4nAts ano
comfort tnesc Two structures were psnetcalS
tno on'S ones III All taat 1eS'o'' oufiAk 'o ycas9
OF depression WIN the feue""1 ol oos11'css
prosperity consequent upon resunpt'on' 'nese
has been great actlvtty in this favored sectlon OF
the CITY. Ihe nnest houses III washington nave
been built thcre and roal estate mas advanced
from ~ cents to Sl5o ond - per square iooe' nc
cordlng 10 tno locauo1.
real. ESTATE IN WASHINGTON
Is soso aitogetnof ny tno sslulse loo.' o''u tno
lots are not OF uniform slzc. owing 20 inc pecu4.
1ar manner IN "nicn the CITY was MA JUL anu
tho 1acs tnat tho streets running III tleht one.es
arc p9sec'eu os avenues @nacu t'Asei9o tuo e1ts
III ail o1secuohs' building 'o.s ase VI sfes1e w.
f4ety OF snape ana slze' ~ 'aiuataon " 1no
front 1901 wona oc scarcely pt:1cllcupl, Us ~ Is
which