The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1909-12-18
REALTY TRADE BRISK
IN HOLIDAY SEASON
Usual Christmas Depression
Absent, According to the
Dealers Reports.
REAL ESTATE MEN
EXPECT RECORD YEAR
Predicted That Sales of Last
Twelve Months Will Surpass
Any Previous Year.

Notwithstanding Christmas week and
the week preceding 1t generally are the
two dullest OF the year in the real
estate market, transactions since Mon
day have constituted an exception to
at least half Of the rule.
With two OF the largest deals Of the
year to its credit, this week easily is
one Of the best weeks Immediately pre-
ceding Christmas ever experienced In
the local market
Interest is now centering in the out
look for the Christmas week trade. If
there is no letup in the demand for
property, of which there were no indi-
cations at the close of business today,
IT will be the most remarkable Christ
mas realty market Washington has
ever known.
Premier Deals.
The premier deals of the week con-
sisted Of the transfer OF an uptown
piece Of business property. valued at
$4,000. and the sale Of a suburban tract
containing 11O.1S acres. the consideration
involved being 10000. In the former
transaction. the property transferred Is
the building located at 1906 II street.
while the SUBURBAN tract is located just
north Of Rock Creek, and west Of Six
teenth street.
These sales were announced on Mon
day. and with a total consideration Of
$4,000 as an opener for the week.
subsequent deals rapidly increased the
amount. until it reached several hun
dred thousands Of dollars
Apartment houses and residences fell
into line with the activity recorded in
business property and unimproved
suburban ground. SO that no class of
property was sighted in the week
operations.
One firm announced that it had con-
Guided the sale of a row Of six houses
on Thirteenth street northwest, the to-
tai consideration amounting to $4,000
Another firm reported the sale OF the
chester apartment house at 420 Sec
on dstreet northeast, for a considera-
ton said to have been S14, 600 This same
firm last week sold the NJ. Pleasant
apartment house, located at 1857 Mt.
Pieasant street. for Bates Warren, 20
James ". French, the consid Grafton, IL
IS said, being $4,000
Price House.
Demand for property in every section
OF the city was recorded. but, as usual
the mOderate-priced house came of
with the biggest end of it. This was
because Of the good weather. princi-
pally. say dealers, as home-seekers are
stin in the market. in addition to a
large number of persons who are on
the lockout for desirable houses to rent.
which maintains the activity Of the
speculative demand
II will be late in January before the
majority OF the realty firms have gone
over their records for the past twelve
months, IN order to compare them with
the business transacted in previous
years. However, the majority OF the
local real estate men are claiming al
ready that their record of sales will
show a heavy increase.
All things cOnsidereu, there is little
doubt but that when the statistics are
finally computed, both With respect To
the amount Of buildings started and
completed, and the actual sales Of prop
erty Of every class, the year now clos
ing will be found to have been the
biggest year in the real estate history
OF the Capital