The Washington herald., 1914-07-05
REALTY MARKET
ACTIVE in 1918
Total of 1894 Lots Sold,
Valued at Approximately
$50,325,000.
JUNE IS RECORD MONTH
Building Operations in Last Weeks of
Year Ran Into High
Figures.
JUNE IS RECORD MONTH

Real estate transfers for the fiscal
year ending June 20. aggregated S5a325, 900,
comprising a total Of 15.s44 lots and par
GELS of real estate which changed owners
in the District
June is the record month, both in the
number OF sales recorded and in volume
OF trading. During the last month $50
transactions were closed. involving l.s73
lots and parcels Of real estate. The in
vestments for June, surprising those OF
any other month. amounted to S,S.5,Ooo.
Loan Market Active.
The last six days Of the week, with Hg'
ures in the loan market close to Sl.5oo.Vs
and with a record Of Isl sales completed
involving the change in ownership Of 81
lots and parce;s Of real estate, set a new
record for a weeks trading in realty,
Thursday. the best day OF the week
showed a total OF fifty-one deals COM
pleted. the average for the week being
thirty-two.
The building operations in Washington
during June amounted to nearly N,oo.OOo'
exclusive Of the operations Of the Federal
government for which no report has been
received by Building Inspector Morris
Hacker Permits were issued for AZ
operations.
The Corby Baking Company. Del
aware corporation. last week took over
the property and assets of Corby Broth
erS- in Seventh street. The company
gaze a deed Of trust to secure bonds for
$4,000. This was the largest financial
transaction OF the week.
Gait Heirs Sell.
The Gait heirs sold to the F. ". Wool
worth Company for a consideration OF
nearly seO.O the property at 4oS to 40
Seventh street northwest
Among the sales recorded was the pur-
chase Of an attractive residence at 2S53
Connecticut avenue by Senator Francis
E. Warren. OF Wyoming. The sale was
made through the Real Estate Trust
Company for $1,000
George P Sacks is to spend 5000 in
improvements on the new bluestone resi-
dence on Bradley Hills purchased by him
a short while ago. Arthur A Chaplin
has bought and improved in the same
way a similar house on Bradley Hills.
Another transaction was the sale Of the
Hood Building. at 6Oe F street northwest,
TO the American Security and Trust Com
pany. the National Savings and Trust
Company conducting the sale.
Apartment House Sold.
One Of the most important transactions
Of the week was the transfer Of the own
ershIp of an apartment house at $40
FaIrmont street northwest from John l.
Warren to Lola L. Geoghegan- The
apartment house is a four-story brick
structure containing sixteen apartments.
II Is understood the property brought
about $4,000
Randall H. HaGner. real estate broker.
announces the sale OF the residence at
20i5 o street northwest for Mrs. James
G. Hill. to T. Perry Lippitt, at a con-
sideration Of about $500 .-...
Carlotta NJ. Richardson, has purchased
from George Y. worthington four resi-
denoes, known as 191+ss-3S-S0 Ninth street
northwest. for $4,000. The properties
were transferred subject to a trust of
5000
Mrs. John B. Henderson is preparing to
erect two more houses In the Avenue of
the Presidents close to the embassy
houses that she built several years ago.