The Washington times., 1913-09-27
REAL ESTATE ACTIVE
DURING PAST WEEK
Exceeds Business of the Same
=, ?. Period Last Year, Both in
Volume and Number.

Reality trading in the fourth week O
September displayed not only the great
est activity of the month. but excelle
the business of the correspondin,
period of 1872 by 20 per cent, not onl,
in the number of tranSa ctions but IL
Volume as we'll Over the figures fo
the preceding week an increase of on,
sale a day is noted. In the number o.
lots transferred the past week is slight
ly behind the record of the third week
of September.
The months high mark for days
selling was equaled this week. when
the brokers succeeded on Thursday in
completing thirty-two sales. This rec
ord for a days activity in September
was set onsthe 17th. The next best day
this week WAS Monday, when twenty
nine transactions were effected. Yes
terday was in third place, with twenty
six; trades consummated. There were
tWenty-four deals closed on Tuesday,
eighteen on Wednesday and sixteen on
the half holiday of Saturday
In completing total of las transac-
tions in which were involved 224 lots
and parcels of real estate, the brokers
SAS&oSi thCs HdNc hdu d IDOSl
ing weeks business. Increased activity
Is anticipated next week. which COM
Dimes the closing days of September
and the beginning of October. =
Fail trading is expected to begin in
earnest next, week October. usually
the busiest of the fall season. is looked
20 tor a continuance of its previous
eood records. The selling of reality has
peen retarded in some degree during
me past weeks by extended vacations
OF both brokers and investors. Many
are prolonging their absence from
washington until the beginning of
October. This is especially true of in
Vestors who took European trips
Residences Lead In Trading.
The news that President Wilson is
about to take-up the matter of approy-
ing the awards for the property rinclud-
ed within. the ten squares to be added
to the Capitol grounds will be welcome
10 the brokers. AS a large portion of
the $S,oo000o to be paid for this land will
90 TO owners who lived within the area
the brokers' expect that these home
owners will become home-seekers in
other sections of the city. Such de-
mand for new homes would give a de-
eiaed impetus to- the fail trading, it is
The approach of cooler weather has
NOT yet affected the demand for property
nv the outlying suburbs During tba
pant week ld parcels of realty Changed
owners in that vicinity and. abied the
srs sss.ion 10 retain its lead Of THE market.
me near urban district. was in second
pace, with forty-three lots conyeyed-
Near al hand was the northwest. where
1nlrty-eight lots We're transferred: There
were tWenty7ope lots sold In the south
80 ana nineteen In the northeast. Two
sass We're reported in the southwest,
There was a dearth of sefffng within
me BUSINESS localities this week. NOT nne
important sale, being recorded. The
week s activity was given over to rest
neHses, apartment houses. and unim-
Ihe .Commsfee asuiiding comIznxI
wMch recently erected the new horne ~ l
me pepa1msnt Of CQmmefce at Nines
% %sstn ana ID streets northwest, pilrt
AZ l3S III street from .Eiisabeth Is Il
iates- The. purpose of the new .ar,p;rI
sts9.d sen Is not msdeipabaics aor.is rhe psace
Loan Market Is. STEADY. -
Stanton Park. in northeast yWash,,,e-
ION: is to have haRethera motion Mo.
ture theater. During the week .tt,e or-
pneum Amusement Company acoIfired |
me property OF MIS-. Hettenkemer at |
n ourth street northeast. Extensive /
will be made Earlier i'm
.ne iliohtn the site for large picture
pas mouse on thS south side of the park
was purchased by other Interests a3G
improvements are in progress there.
. ne Ioan market tried hard to parallel
~ PIeceulng weeks business less than |
Ace separating the totals recorded hnab
w. Meess. Ihe exact figures for the pasr
horr s,X GAYS We're sS47,645.S7. This sum was
borrowed on the security Sof 11e7 lots q
an average interest rate of 3 s n.r 80,
sraleht loanS again led the week.s
usslnesS; .se ~ I showing an aggregate of sifs
soo,eo Ihe sum of all the notes giva,,
FOR deferred purchase money VS. sos
,ss2 The building associa tons s5-
aened sel.ie0 10 members. ''
bs a property was eAcumbered TO
me extent of sI1..S4a27. being most To-
prea rr ;as lean 'seeufitv- during the weat
! ne hor rIhwest ranked second bsyins
Ssem ,ss x pisased, 70, AN aggregate of sleI
~" ~ 80 me record of loans in the oth.,
sections was: Northeast 50, s"o.
1'heas'' sl5'Sb"2 ., and southwest 81 $50