The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1910-10-22
REALTY SALES HIT
TOP NOTCH FOR DAY
Forty-fve Transactions on
Friday in City and Sub
urban Districts.

4 new record for the present fiscal
year in a days activity IN real estate
was established yesterday. FOrty-five
transactions involving the sale Of fifty
eight lots We're closed, and the papers
necessary 70 complete the various deals
ran up the total number Of instruments
filed in the office Of the Recorder Of
Deeds 10 I22, the highest figure attain
ed during the present fiscal year.
A heaithful and gratifying condition
Of the local realty market is evidenced
by yesterdays business and indeed by
a review Of the record for the entire
week. a total OF 269 lots changed
hands during the past six days. an
appreciable increase over the business
OF the previous week.
The continued development OF the
properties adjacent to Florida avenue
in the northwest, which few years
ago were considered I'm the country,
is the feature Of the weeks business.
Sales were made of both improved and
unimproved land IN what is deSig-
mated the near-urban district 10 the
extent of ia lots. The transfers IN
this section exceeded by tWenty-eight
the aggregate Of lots sold IN all four
sections of the city proper.
one transfer in the near-uTDan as
trict during the week involved twenty
nine lots and another eighteen lots.
In d third case seven lots were sold,
and several transfers Of two and three
lots We're recorded in this section
The outlying subdivisions ranked sec
Oud in the record Of sales with sixty
nine lots transferred Within the old
limits the northwest had thirty-seVen
sales, the southeast twenty-fOur, north
east fourteen and southwest eleven
Three sales within the boundaries OF
~ aFrgvn 81 aH
week. George L. Linkins and Julius l.
Peyser, as trustees, purchased fOr
about $4,000 premises 62l + street
northwest The block on which this
property Is located Is fast ming up
with business houses and high prices
are prevailing
George w. Decker purchased house
on Fifth street northwest, just north OF
+ street, facing judiciary square. The
selling price was not mentioned in the
At an outlay of about $4,000. Moses
Goldcnbcrg increased his extensive hold
ings in the square bounded by Seventh.
Eighth. q. and II streets northwest. by
the purchase Of premises SlI and SlS
Eighth street. Mary Jaeger owned one
Of the houses and Frank Jaeger the
other. Each conveyed a house TO Alex
ander Wolf, who In turn transferred
both properties to Mr.. Goldenberg.
An increase Of nearly 70 per cent IS
noticeable in the money market this
week over the figures for the preceding
six days. The total Of loans for the
week was 1888. O93- 43, secured on ia lots
az an average interest rate Of 81 per
cent.
While new loans continued 10 lead the
market with q total Of S19S, 219-24, de-
ferred purchase money notes reached ar
aggregate Of S116.62419. The building
associations advanced S11S.250 TO mem
beers during the week, one association
lending $4,000 for a contemplated i'm
provement in Lanier Heights.
As the bulk of the weeks sales was
outside the city limits, so that section
furnished the greatest number Of Dor
rOwers. and demanded Of the loan mar
ket S247, 1914. Properties in the north
west were pledged for a total Of S107. 595
while S30.S14.67 was loaned in th- south
east; S29, 40 in the northeast, ana 81, 6Ol
in the southwest.