Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-08-25
REAL: ESTATE GOSSIP
Market Succumbs to Some Ad-
verse Conditions.
CURRENT WEEK VERY DULL
Sales Were Slow and but Few We're
Recorded.
PRESENT IS THE TIME TO BUY
Opportunities Which Cannot Be Had
Little Later On-Another Subur-
ban Tract Sold.
RESENT IS THE TIME TO BUY

mo I1ldTkcl uIliCSS IL lidu " Wv
with fruit, ices and soda "fzz,"
could withstand the combination
of untoward circumstances and
conditions that confronted the local
realty world during the current
week. There was an army OF abb
sentees and there was extremely
hot weather; it was only natural,
therefore, that the market should
succumb, which it did quietly and
gently to slow music.
The sale of another big suburban
tract was about the only incident
of the week that disturbed the Au-
gust calm. Some of the brokers
expressed themselves as being de-
lighted with the momentary lull-
the first they have had in many
months-and the time was en-
ployed in making plans and ar
rangenents for the land office bust
ness, which is confidently an
ticipated in the early fall. Low
water prices characterize the pres
ent midsummer market, and the
wonder is that some of the more
astute investors have not dared the
elements and availed themselves of
the present values. There are bar
gains on the realty counters now,
ii is asserted, that cannot be had at
anything like the same values "a
little later on.
The realty market almost touched bottom
this week. The stream of business had
been rather shallow for the past fortnight,
but combination of weather for which
there appeared to be no key or redress came
very near stopping all sale transactions and
cogging the market in toto. A few brave
brokers dared the heat and the surcharged
atmosphere but they might just as well
have remained under cover or hied them
selves away to pastures new along some
trout stream pitched their tents in the
haunts Of the new species of the summer
girl.
Not a sale of any magnitude was record
ed during the week and all efforts to force
the market were futile and devoid of re-
suit. AS one realty broker put it, THE
market was red hot with a lot of things
on the Goals and nothing cooked" But
the menu at the fall roundup will be one
of the most interesting in the history of
the national capital unless all signs fail.
Several transactions of colossal proper
tions understood to be under way, and
few days of fair weather and just
solace of refrigerated atmosphere will
bring them to q head The brokers assert
that it is rather difficult to conclude negoti-
ations with a prospective buyer while he
laves his face with one hand and gesticu-
lates with the other.
City Delightful One.
AS a general rule there are few more de-
lghtful cities than Washington during the
summer, and had not this season been the
there is little doubt of the fact that August
would have been the most prosperous real
ty month that the capital has ever known
As matters now stand more business has
been transacted by far than during any
similar season taking the summer as a
whole and the horoscope for the fall and
winter business is roseate with the purple
and gold of an unprecedented season of
prosperity. Everything points to extensive
sale lists at an early day.
The realty savants all declare that it is
only natural that the market should be at
had been propitious and the elements
against all business possibilities The whole
country is at the zenith of a prosperity
that is in more senses than one extraordi-
nary and in lieu of that condition II Is
only reasonable for the investors and spec