Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-03-28

rate notion Of what the realty market is
going to be during the season to come,
but from indications which seem suffi-
GENTLY conclusive to many observers
the opinion is held that business is go
ing to be good. but not at all remark
able. This applies to the sales department.
as well as to building. 1t Is anticipated
in the way of adding to the number of
buildings of all sorts that are found to be
needed in the expanding life OF the city.
Apartment houses are to be built. but
not in such numbers to draw the at
tention of those who ordinarily are not
much interested in such matters. whose
comments and the spreading of the area
OF interest leads to the situation in the
market which is sometimes called BOOM
There is to be no boom. so-called. In
apartment house building. or in dwelling
IT is believed there will be a steady line
of customers in all these directions, and
that at the close of the season good
deal will have been accomplished.
The Demand for Houses.
What is to be done. as well as that
which has already been planned. is to
meet an actual demand. There are people
In the market who want to buy homes
and such customers have been more or
less known in the various brokers Offices
during the past winter. In fact. there has
been but little let up in this respect and
that Is one explanation why builders are
getting ready 10 erect more houses. All
men engaged in that line have no large
enterprises Of this sort to carry out dur
number who intend to build a few houses
here and there. and some of course. who
will go into the business more extensively
The situation is quite similar in regard
this sort will be put up but not a great
number. The suburbs are no. going to be
neglected. and. altogether. the outlook at
the present time is for very fair season
OF business, and of course. later a further
extension OF activity may be looked for.
F Street Values.
One OF the owners of property on
F street has made a recent examination
of the assessment completed by the Dis
trict officials. and he states that the aver
age value for inside property on the north
side Of F street between 18th and 18th
streets northwest. as given by these
figures. is so per square foot
On the supposition of the assessment for
taxation being two-thirds of the market
value of the property. the value is $50 per
square foot. while for corner property on
the same basis the value Is $40 per square
foot.
II is the opinion of the property holder
III question tnat sucn ValueS are excessive
IL based upon the main element in reach
ing an idea of what such realty is worth
namely, the rental earning capacity of
the property.
Mr.. Moore's New Connections.
David Moore local real estate broker
has associated with the Arm Of Willige
Gibbs & Daniel, Incorporated. at 6O3-O5
18th street Mr.. Moore has been engaged
in the real estate business for the past
seventeen years. He was the organizer
of the firm of Moore e. Hill Incorporated
of which he was president for several
years.
having been prominently identified with
the local board of fire underwriters. He
will have general supervision Of the in
surance department of Willige Gibbs 4
Daniel.