The Washington times., 1908-09-06
Early Activity Proves That
Season Will Be Profit
able in Capital.
EARLY FALL FINDS
MANY FIRMS BUSY
Indications Are That Unusual In
crease in Volume of Trans
actions Will Be Seen Soon.

Early fall activity presented l'selI
promptly with the opening OF the month
Ia the real estate market.
A number of important and interest
ing deals were closed during the week.
and stll others were brought TO the
point where only the signing of nnal
papers is necessary to complete them.
The activity that has prevailed OF
late has not been pronounced, but II
has been marked strongly enough 10
promise one of the most satisfactory
autumn markets in several years. The
recent Improvement followed an un-
usually good summer. or. rather, pc
riod that might be called the least duh
for the season in a decade. This
strength OF the market during the hot
period, and the Increase in the volume
Of business 10 be noted now, are lead
ing dealers to look forward confidently
10 excellent future prospects.
With the future shining bright, with
the recent past most profitable, and
with d twelvemonth period unsurpass-
ed, the entire realty field seems to be
in splendid condition, giving every in
dicauon of yielding richer harvests as
time passes TO both buyer and seller
investment opportunities to the one
and profits TO the other. The passing
of Labor Day, giving pause for refiec-
tion, only serves 10 accentuate the feat
ures Of what has been accomplished.
Dealers See Much Business.
AS for the outlook, the dealers as
sert that they can see enough business
ahead to assure a fairly active market
this fall even though no more orders
=
weeks. A member Of one prominent
firm. when asked for his opinion as 10
the outlook. took long drawer out of
cabinet nle and showed il 10 be full
OF legal papers, probably thirty in num-
ber. These. ne said. represented busi-
ness that was done last week. deals
on which deposits had been made, and
transactions that needed only the sign
ing OF fnal papers. He added that 10
his own knowledge, this state OF af-
fairs applied 10 a number of other
firms
The causes Of the improved situation
are ascribed in part, of course, TO the
well-known prestige that this city en-
joys as a field for investments in real
estate, but in addition, there has beer
such an improvement ia general busi-
ness that real estate has advanced VIII
other lines. Even while general bust
ness was suffering from depression las
winter and while it slowly and pain
fully was recovering from the blows
that had been dealt it by the speculative
panic Of last fall, the real estate trade
stood firm against the falling tide OF
values. Long before other lines of bust
ness showed any real signs of improve
ment, the realty market began TO still
itself. Finally. while the other line:
were still in the thrOes OF a return tC
consciousness, so to speak, real. estate
actually became moderately active.
Comes About Naturally.
II has come about most naturally
therefore, that since the other lines O1
business have at last shown definite and
material gains. the realty field now
hnds itself upon a very substantial anc
profitable basis.
The betterment of conditions Ia gen
eral. resulting in the further improve
lnent in real estate. is reported from
other parts of the country. The i'm
provement in the Northern States. how