The Washington times., 1910-02-05
RecOrd-Breaking Activities
Expected in Real Estate
Mart After March 1.
CALL FOR MODERATE
PRICED RESIDENCES
Operations Active IN All Sections
One Firm Placing 80 Houses
Before Public.

In thirty days the spring market
on houses viii have its opening
While BUILDERS have completed some
OF their operations. the majority o.
them are but now being put under
roof Remarkable uniformity charac-
terizes the progress Of the construc-
>tion Of the houses IN the various sec
tiOns.
That there VIII be more residences
completed and placed on the market
by the first Of March; that builders
and real estate dealers viii be pre-
pared for handling the biggest trade
ever known-in short, that things
viii start with a rush in the local
realty world on the very first day Of
spring, presaging TeCOTd-breaking
activity for the remainder Of the
year, is the almost certain outlook
No Section Falls on.
TO illustrate briefly the difference
between this year and last in the sup
ply Of houses that viii be Oh the mar
ket at the beginning OF spring II may
be said that there viii be from two
TO three times more houses this year,
II the operations Of the various sec
lions are considered on an average.
For instance, in SauTs Addition, there
are from four TO I'VE times more
h@Ises being constructed this year
while. in a few sections, there has
been 10 very great increase over last
year But in no section has there
been a falling or
One firm, alone, will find itself with
eleven operations located IN various
sections TO place on the market March
l. This firm is shannon y LuchS.
. The operations, which number more
than 100 houses, now being prepared
al-Tr rgfrf IN a.
Gated as follows
Two on Woodley Park. between
Connecticut avenue and CaIhedral
avenue, numbering eighteen houses
valued at S14S,5CO.
one on Bryant street. between First
and Second streets. numbering eight
houses valued at S54,S0O-
one On HOlmead avenue between Otis
street and Spring road, numbering
twenty houses valued at 81 ,V05-
One on Fourteenth street. between
OTIS and Perry streets. numbering elgnI
houses. valued at $500
one at Fourteenth and Buchanan
streets. numbering twenty houses; val
one At Nineteenth street and Park
road. numbering twelve houses valued
one at Lamont street and Georgia
avenue, numbering thirty-fve houses
valued al SlS1,00o-
One on Thirteenth street. between
Euclid and F'airnOnt streets. number
Ing six houses. valued at $500
one on Bancroft place, just or Con
necJfcut avenue. numbering six houses,
valued at S1fz.oG1-
One on Meridian street, between Four
teenJh and Sixteenth streets numbering
twenty houses: valued al $l05.050-
Total Value Is S95s,7oo-
The eleven operations represent prop
erty of a total value Of S95S. 200 The
six Bancroft place houses are the most
expensive ones, as they viii be placed
on the market at $500 each. Harry
Wardman Is the builder Of the opera
tons which viii constitute the largest
number OF houses TO be placed on the
market this spring by one firm
That the increased supply Of houses
viii be met by an increased demand is
already being evidenced During the
present week several real estate houses
have been supplied with more inquiries
than IN any previous week in February.
Plenty Of money and easy payments
make a com bined iuduCemenL in favor
Of The moderate priced house, which IS
causing that particular class Of i'm
proved property TO produce more actiy-
Ity in the real estate market than any
II is to be a year of the moderate
priced house, with property priced al
from 5000 TO S5,.oe the most in demand
according 10 the way dealers have sizeC
I'D the situation upon the basis Of the
inquiries Of prospective investors and
houeSeekerS- Il was such q market
builders had in mind when they plan
ned their spring operations last fail, and
that their calculations were well found
ed seems TO be q settled fact
Trade Begins March I
With good weather the spring trade
may begin a fe1 days earlier than IS
anticipated, but, regardless Of weather
conditions, it viii start not later thar
the first Of EeNt month
Indications are that more houses not
only VIII be sod. but more viii be sold
TO home buyers than in any year Of tbs
ksstoTy Cf the Capital