National Republican., 1883-08-11

we are only waiting tOr the pallDearcrs
to come and carry out the brokers" said ono
real estate man yesterday, as he sat in his
office, literally doing nothing.
The reporter said he hoped it was not quito
as bad as that everywhere and he took him
self to another office, where he found things
somewhat different. Here some good sales
had been made during the past week. includ-
ing six lots on the west side of tho -Four.
teonth street road, just beyond the Columbian
college, bordering on Binny street, and two
lots in block 30 of the subdivision of the old
Stone estate.
81 have never known" said the dealer
real estate to be so active in the summer
as this year. We never expect any sales
in July and August, and yet there has not
been week that | have not made one or
more sales. And you would be surprised
at the number of inquiries made for suburban
property. Now, if the projected extension of
the city limits II tn to include Mt. PleasanG
is accomplished, al that land on the hill w; |
jump right up. Already the improvements
begun and contemplated in the Stone prop
erty has given an impetus to the prices there,
and some ground has been sold at fifty cents
foot. AS an instance of the rapidity with
which prices advance, two weeks ago we re-
ceivcd u letter from client to dispose of four
lots for him, as he wanted the ready money.
We sold two first at n good advance on what
he raid for them, and then we got rid of the
other two at the same figure; and the day
Paitcr we had transmitted the deed of these
last lots for his signature, we received note
from him telling us to hold on to those lots,
unless we could get an advance of % per cent
over the price at which we sold them"
Other real estate dealers were visited, and
while many small sales had been made there
was only one of Importance reported. This
was the ground on r street, between Connec-
ticut avenue and Twentyirst street, which
belonged to Hon. John b. Alley, and has been
sold for $4,000.
The general impression is that the real es.
tate market will be fully as active in the fall
as it was last spring and the cool weather is
looked forward to with anticipations Of good
business.
The renting business is more active than
ever before. Hardly dealer that has not
more applications for houses than can be
filled, and as to the inquiries for purchases
one dealer said he could sell all the good sub
stantial houses he could get hold of provided
they had the modern improvements and could
be sold for from 5000 to $1,000 each.
When the stone property was first plated
1t was announced that Mr.. A. L. Barbour had
purchased lots 3, 4, and 8 in block 20, fronting
on Clifton street. These lots are probably tn,
most desirably located of any in the trac
reaching the highest point and gently slopnl
in all directions. Right upon the brow of the
hill Mr.. Barbour proposes to erect n house
which will be one of the handsomest in tn,
district, and will far eclipse any suburban
residence. 1t will be built in the Englisl
Gothic style of architecture, with a loft,
tower the spire of which will be higher thar
the top of the Washington monument. Th
plans have already been prepared by BostoI
architect, and the work of construction will
shortly be commenced.
Mr. Aulick Palmer is erecting three two
story dwellings, containing seven rooms each
on Seventh street between ID and L street
southeast. They will contain all the modern
improvements, and will cost about s., 900.
Mr.. Williams is improving his dwelling OF
Z between eighth and Ninth streets south
east by raising the roof of the front building
and putting in an entire new front with
bay window, and adding a new story to tn
back building.