Evening star. [volume] (Washington, D.C.) 1854-1972, 1889-08-31
REAL ESTATE GOSSIP.
The Steady Values of Washington Prop.
erty-The Coming Season.

The Steady Values of Washington Prop.
erty-The Coming Season.
At this season of the year real estate trans
actions are at about their slowest. It is the
| tail end Of the dull season and just before the
fall activity begins. 1t is when the real estate
men are looking back at the most trying time
of the year, when everybody is out of town, to
see how they have gone through it, and at the
same time getting glimpses of what they are to
| expect for the fall trade.
Take the whole summer through and they
have little to complain of. 1t has been season
of unusual firmness, though quiet. Real
estate has held its own we'll. Values
in individual cases from special causes
may have shrunk little, but there has
been no general falling off of values. In fact
without any especial activity, the indications
have stood steadily the other way. In some
sections where they have had big booms in the
past and prices have jumped up very rapidly
the increase and activity have ceased together,
but there has been no decline. The impetus
toward the suburbs has slackened and the ten
dency of the market is in favor Of property
within the city. Sections of the city that have
been a little behind the rest in Improvements
are coming in for their turn by the natural
reaction from the very high values reached
IN other sections.
THE FALL SEASON
begins about the middle of September and
reaches its heighth about January. There is a
general concurrence of opinion that the indca-
tons now are that when the season begins it
Will be active. The whole outlook is cheerful
in all quarters. There Is no indication of arti-
fetal booming, but everything points TO steady
and firm business. There is a great deal that
is being talked about in the way of buying
and building that will not materialize until
later.
RECENT DEALS.
During the past seven days but few deals
of any magnitude have been entered upon. and
some that have been started are not yet COM
pleted
F. II. Smith Il Sons sold for DIR. Frank
Thomas of Sandy Springs. Md, to Thomas W.
Smith, the lumber merchant the south half Of
the square on north side of II street northeast
between 18th and 14th. The price paid was
$4,000. The property will probably be I'M
proved soon by the erection Of number of
dwelling houses
The northeastern section is having an ex-
traordinary season and real estate men pre-
dieting great advances there during the fall
that will be steady and hold.
THE STREET IMPROVEMENTS
in that section and the consolidation arrange
ment for transfer between the Metropolitan and
the Columbia railroads have increased values
put money into property in that section some
months ago are in high feather over their In
yestments. During the past two months just
ended four hundred new houses have been oc-
cupied in that section by either purchasers or
tenants. The building of small houses has
been phenomenal for that section.
The indications seem to be that high priced
property In the best sections of the city will
hold its own well, and that there will be gen.
eral activity in sections of the city where VAL
ues are still low
Property outside the city limits is expected
to stand where it is or advance slowly with the
opening season, while the chief attention is
given to city property. The indications in all
directions seem healthy.
THE BUILDING SEASON.
Building Inspector Entwisle said to a STAR
reporter today: II don't think any one can
complain of the building season. II has been
unusually active all summer despite the en-
barrassments it had TO contend with. Now, for
instance, there was the great food which made
the Long bridge impossible for some time,
completely shutting the contractors off from
their Virginia brick supply, and to make mat
tiers worse, the canal broke and the brick yards
in and about the city were embarrassed on ac-
count of the cutting off of their supply of coal
which they received by canal The conse.
quence was brick went up so cents thousand
Despite all these things the trade has been
good"
How about the fall season." asked the re-
porter"
Its little too early to predict Just now"
replied Mr.. Entwistle, 'but from the prospects
it is my opinion it will be busy one You see
1t is impossible to predict with any degree Of
certainty until the monied men get home from
their vacation"
b. II. Warner & Co. have sold to Miss Rosa
Sewell for Edward N. Dickerson, jr., house 2lO5
o street for S7,10O.