The Washington times., 1910-02-26
WASHINGTON ONEYE
Of BUSIEST SEASON
William S. Phillips Says All
Sections Will Figure
in Activities.

Washington is on the eve OF ths
busiest and most profitable real estate
season it has ever experienced. is the
opinion OF William S. Phillips. OF the
recently organized firm Of Phillips &
Slger
According TO Mr.. Philips all the vari-
GUS sections will figure in the realty
activity, but IL is his judgment that
the suburbs 20 the north Of the CITY,
the newer sections IN the northwest,
ana the business s5ftio1lsss WIN ,,as agure IRE
though there will b6 no increase IN tle
cons luGtiOn Of apartment houses. TINS
feature Of the real estate business WI
maintain its present active gait - ,
has heard OF no indication that the
much promised slump IN apartment
houses is near at hand
Weather Factor.
Although the weather has almost
everything TO do with Il, the spring
real estate season is expected TO be in
full swing by the middle Of next month
Mr.. Phillips would not be surprised 70
I see the season commence q week or 50
earlier.
When asked for his opinion on the
prospects for the coming season Nj
l'hilIps said the mere fact or his start
/ ing in business was suIuCieut evidence
that the outlook is particularly cheer
ful and promising.
The citizens Of washington are OF
a type which wants an attractive nome
and who nave the money with which 70
get IL" FaId Mr.. Phillips. The racJ
! that the persons buying real e5late IN
washington have money Is one OF tne
reasons why the real estate business
/ here is enjoying such prosperity heal
money IS Used m deals and not mercy
paper, as s so prominently ne case -
/ tJther cOElmuniIes. This Is .sncOlU-
/ aginZ 70 the brokers, and II makes u
Indicates Prosperity.
However,. there is every indication
/ that prices Cor property throughout the
/ city Will continue 10 increase This IN
itself IS one sure indication OF pros
I perity and community advancement
! Il means 10 the outside world that this
I city is walking forward instead Of back
I ward. As lar as 1 know, rentals VIII
I receive their propOrloneGe increase
There is one section OF tls CITY winch
inst now IS particularly interesting 10
/ The real estate world II IS the scutn-
/ west section
I firmly believe that in twenty years
| there Will be few private dwellings re-
naming IN that locality. AL Of the
/ buildinEs used as homes now viii II
I that time give way 70 business Dulll-
ings, warehouses. wholesale stores,
/ manufacturing plants and the Ike !
do not believe Washington IS destined
! TO grow into a typically business or
] manufacturing city, but IN the next
/ two dscades the present number OF so
! called factories and the machine shops
| Will have doubled IN number several
| times. These viii all look fOr locations
/ in the southwest
| In the meantime the river front no
doubt will have been improved accord
/ ing TO the plans prepared by the com
mission appointed BY the Commissioner
| .everaI years ago Possibly the BO1O-
mac river channel viii have been deep
| ened TO permit Of the passage of large
Northeast Popular.
The northeast section IS bound &c
| continue growing. It's strides IN this
respect havs befn long and fast. IN the
past five or six years. and particularly
| so IN the past year The section is now
I one OF pretty. coy. little homes. con
/ venienL and inexpensive, and occupied
/ by q good class Of citizens. The sub
urbs OF the northeast are coming IN FOL
their share OF Improvements and Iarg,
1 building operations are always undel
| way.
( The manner in which the prices ol
| business properties in the center Of th'
city are increasing IS wonderful Bust
! ness IS constantly increasing here. and
/ the once slender business belt Is being
stretched nOrthward at remarlzab blt
rate. The possibilities for Fourteenth
street are particularly bright
/ "AIl that remains just now IS abou
/ two weeks Of clear, bright weather
and just one little Whit OF spring and
blossoms. and the great real estate rust
will be on