Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-03-30
REAL ESTATE GOSSIP
Outlook for Building During the
Present Season.
INFLUENCE OF TIGHT MONEY
Good Market is Said to Prevail for
Houses.
SPRING SEASON AND REALTY
Suburban Property Seekers in Evil
dence and Fields Soon to At
tract Attention.

built by The company are located. The
new ones are on Lamont street between
nth and 18th streets. and colonial in
design. with plate glass windows through
out the front. and the interiors of three
finished in oak. while the other two houses
have white and mahogany finish.
The houses are four rooms deep and con-
tain on the first floor a parlor. reception
hall. dining room and kitchen. There are
three bath rooms in each house, which are
twenty feet front.
Last fall the company erected six three
story houses just around the corner from
the new ones. and fronting on 17tn street
all of which were sold before they were
finished. Previous to that the company
built two rows of houses one at the corner
OF nth and Lamont streets and the other
at the corner OF nth and Kilbourne streets.
making a total OF nineteen houses put up
In the locality within the past two or three
years.
The company intends to go on with a
large building enterprise during the present
season. An entire square about two blocks
northeast of Lincoln Park has been pur-
chased. and 1t Is the intention to build
there about seventy-fve or eighty two
story houses. The square Is bounded by
lsth and 18th streets. and and B streets
and North Carolina avenue northeast.
Advantage in Building.
one circumstance favorable to those who
want to build is said to be that contractors
are inclined to make their estimates on q
,...,-t,, -, -. - -,
A '' man usual o"ihs
u ne cohparau'ey small amount OF
work now on the market. The reason is
apparent when II is considered that man
engaged in enterprises whether large ar
small bring together a eroup of workbench
and as long as they have employment for
them they can always RELY upon their as
sistance in undertaking any work
In a slack time however the men who
depend upon their daily wage must ssek
work where they can ind in and in thai
way the members OF a corps of helpers
sS,,lta IN me various lines OF usefulness be-
together again and also hard tn iii their
places. At this season of the year, before
~ ~ Is Gehhiteiy known how much work there
-, - W 70 =. ZINES speclaly Ihpor
for that reason il frenuentlv hannnns thai
contractors are willing TO take a Job of
Work almost at cost to them providing they
w ho' See All actual loss IN so doing
The COMING Ruildino Seacon
Al present such Is the attitude OF num-
Der OF the best men in the business 1t is
looked upon as too early vet in the season
IL. fssF
-, "a VI ouiiu
ms to' 'He cunning hlohIhs. ne condltlon
OF the money market Will have an in
fuence In that direction. 1t is supposed as
well as in all other activities of the bust
world 1t is quite evident there will
rsi,ro,Ss Up aDa IN 'nS requireine mt. OF the
which the great prosperity and activity in
an departments has brought about will
ne ',sSpn ,,, .. =.
the unsettled conditions IN III So 80 VI
ket. which are attributed in mart to the
scarcity of money brought about by extern
sNe Geveiopments throughout the business
WI ~, WIN nave on building activity. Ac-
corning 10 conservative and thoughtful
opin'chs mere mas as yet been no indica-
''' " d e'OacA III BUSINESS cohditions.
Strain;p, 30 Cr,a;..
4"e idNoianie state OF trade which has
been So noticeable for the past few years
continues without any signs of diminution
Tho ,,,I,. ,o, -, a.. -
~ '-e Hoi 'Aon 'iuS lar hoteo
% 'he oistIroahce In STOCK market values.
W nile some attribute that to a large extent
to manipulation, It is still recognized that
-speculation. both ON the nart oy cornol
iallUhs anu OF individuals, and straining of
what has hapDened '-
There is a general belief that the situa-
ti'h l. not precursor of general busi-
rs,,.i,, =, - 10. ~ Gu. az liia'
cordinp 10 tho oninio, oS sorna - 49, a.
much matter TO the business interests of the
country what goes on In Wall street as long
as what happens there is not symptom OF
d general condition.
Mad Co. p,,;15;
AVA
From that point of view 1t is natural to
look forward to the coming months as shar-
In i, the. ,is,,aI oo,prercIaI ord o+har oo
,t,.;- -, =
"ii'h are 10 pe expected at TINS
period OF the year. 1t has not been antici-
psted there would be the same amount of
building going on here as has baep tho cass
for several wears mast Still maj does NOT
mean duh times.
Tho Indications are that tho main faatura
OF the building business of the Coming
months will be the erection Of houses The
market for houses is of such a character
TO encourage the investment of money
w auu,hs 10 tner NUMBER. AS there Is no
houses values are NOT Seteruinad rna,,,v ~,
location. The latter consideration. of
course mas an influence, but 1t is not of as
ildoIet, as II mere was IN th,s
TO nave a home 'O'e
WILL.
y"
Inc idet 10 'hat there are several locan-
Ties which can be called the fashionable