Evening star., 1896-11-07
REAL ESTATE GOSSIP
A Better Feeling in the Market Since
the Election.
WHAT is said BY TEE DEALERS
Money is Easier and New Enter
prises Are Talked About.
STYLES OF ARCHITECTURE
WHAT is said BY TEE DEALERS
STYLES OF ARCHITECTURE

| There seems to be doubt in the minds
Of men who are familiar with the local real
| estate market that the effect of the result
| OF the recent election has already been
| faVorably felt here, and that restored conf
| dence will have revivifying influence upon
| all business operations. This conclusion is
rot merely partisan one, but is based
| upon actual occurrences, which point clear
| ly to the present tendencies of the mar
| ket. While no actual boom has set in since
| the election, ar i. would be folly to make
| such an assertion, 1t may be said that nc
| such condition is expected.
| What was hoped for was that the presi-
| dertial contest would be settled In such a
| way as 10 once more turn money into the
! active channels of business. 1t is be-
| lieved that this result has been achieved
ard that steady increase in the various
departments of business will mark the
| remaining months of the present year.
| Favorable Indications.
Some of the indications which real estate
dealers point to as showing that favor
| able change in the business situation
has already taken place is the let
| ting Up of the restrictions which have
| been placed upon the lending Of money. 1t
| Is said now that individuals well as
institutions are ready TO have their money
| In use, and this, OF course. will lead 10 the
development OF enterprises which have
| only awaited the means 10 carry them
OFT.
1t seems probable to those who have
given the subjec; some att.l.tion that be-
tween this time and the spring plans will
be matured which will result in the erec-
ton of quite a large number of buildings,
and in other improvements. 1t is noted
that there is a better feeling in commercial
circles throughout the country and this
| of course, 1t is believed, will have a bene-
| ficial effect in this city.
What May BE Expected.
AS is well known to those who are famil-
| lar with the material development Of
Washington, an active market of the city
| has never been dependent upon speculative
movements; but, on the contrary, the val
| ue of property has largely been governed
| by the actual demand, and hence there has
not been these violent fluctuations which
have been common in SO many other cities.
1t Is not likely that the present will af-
ford an example of a deviation from this
| policy. 1t is thought by some dealers that
| during the remaining period of the fall
| and during the coming winter months
there Will be more or less inquiry from
those who are in search of sites for the
location of proposed buildings 1t is pos
sibe that a number of transactions of
this character Will be closed prior TO the
spring and an opportunity will be given
fer the prepara ton OF plans, SO that actual
the season.
Inquiries for Loans.
What may be regarded as a most sig
nifcant indication of q coming revival in
building is found In the inquiry now be-
| Ing made of the building associations and
trust companies for loans to be devoted to
| Improvement of real estate. Conversations
| with men connected with such institu-
| tions developed the fact that many such
| inquiries are made each day now. and
| for the greater part emanate from per-
| sons who intend to build homes. There are
| also signs that a considerable demand for
| money to be devoted to building for rent
| ing and speculative purposes will soon be
! evident, and the most gratifying thing
about all these new conditions is that those
| who are being called to consider the
| applications are one and all anxious to
| make the loans where the prelirainarieS are
| satisfactory.
| Fashion in Architecture
handsome residence has been designed
| by L. E. Dessez, architect, for Mr.. William
Bruce King. 1t is to be erected on street
rear New Hampshire avenue, and near the
residence of MIR. George E. Hamilton which
! was designed by the same architect The
| latter residence, as is we'll known, is a type
| OF the colonial style of architecture, and
| some Of the characteristics of this style
| are carried out which are not often under
l
| The walls are built of common brick laid
| in white mortar. The window openings
| have trimmings of light stone. while the
! porch and other details are of wood paint
| ed white.
The design of the house is very simple
| like all types of that school of architecture
which Is one reason why the revival of the
colonial is encouraged by some of the best
| architects 1t is thought by some that the
| colonial has about had its day, having sue
ceeded the Romanesque, and the latter
having succeeded, at least in this city, the
queen Anne. The coming style of architec-
| ture according to some authorities is
| about as violent change from the colonial
& as could be well imagined. 1t is the French
| the type of the highly decorative in arcbi
| lecture. There has been only one house
| thus lar erected in this city of this style
ana that Is the residence of Mrs. George
| w. Childs, on X street near 10th 1t is not
| Ill extreme type, however, Of the style.
Some ImprOvements
Plans are being prepared, it is understood
| Tor an apartment house to be erected on
New York avenue between 4th and 9Th
stress northwest. The building is to be
| quite large structure
Work has been commenced on the remod-
| cling of house No. 1912 Potomac street.
| Georgetown, for the owner, Mr.. James S.
| Hayes. A new back building will be built
| with all modern conveniences also a new
| bay window will be constructed and the
| present attic story will be made a fall
story. The hol Sc is to be heated by fur
| mace. The work will be done by John n
Mcintyre, builder, from plans prepared by
Chas. A Harkness, architect.
! Three two-story and cellar brick dwell
| ings will be erected on 7th street southeast
| between G and streets, for b. F. Saul by
J. H. Hunt. The houses will have 'front.'
age of sixteen feet and depth of thirty
| feet, with fronts Of buff brick and a square
bay window with tower.
| Theodore Friebus, jr., has prepared plans
! for three brick dwellings to be erected by
w. H. Vaughn & Co., for D. H. Kent, on
D street between 10th and 11th streets
| northeast They will be three stories In
height, with cellar, and will be eighteen
| by thirty-six feet each in dimensions The
fronts of the houses will be plain and con-
| structed of buff brick