The Washington times., 1915-03-06
SPRING TRADING IN
REALTY OPENS WELL
During First Week Of March
Brokers Conclude 129
Transactions.

Spring trading was successfully
launched this week. With the closing Of
the sale OF an apartment building at
$3.50 and the completion OF trans
action involving a consideration of near
property al $4,000 the realty business
for the initial week OF March was re-
garded as OF high-class.
From the viewpoint OF number OF
transactio effected the week was on a
par with the beginning OF March, 1914.
played by the brokers during the preced-
Ing fortnight in February. During the
rrst week OF March the brokers con-
rludcd 129 transactions in which were
involved 2o2 lots and parcels OF real
estate
With the exception Of Tuesday. when
the number of transfers reached 80. the
business of the week was fairly well
- sales completed. followed by Wednes-
day with 2f trades effected. There were
10 deals ronsummated on Thursday. Is
on Monday. and II on the half-holiday y
Of Saturday.
Outlying Suburbs In Lead.
The outlying suburbs rerha ined in the
lead Of the market. having been the
scene OF the transfer of ~ parcels Of
real estate The near -urbsn district was
in second place with So lots conveyed
The northwest ranked third with 32 lots
sold There were 10 lots changing own.
ers in the northeast. 3 in the southeast
! and 5 in the southwest.
The highest-priCed sale of the week in
ed by Joseph j. Moebs at the northess,
| corner Of Eighteenth and * streets
northwest. For a consideration indi'
| Gated by the revenue stamps attached tc
the deed as about $l55.O00. the apart.
'nent was purchased by John o. Evans
Hooker.
Mr.. Moebs bought from the Evans
heirs the properties at l4l5 X street
, northwest. 1927 to 1928 Vermont avenue
see avenue northeast. between B and {
! streets. The price as suggested by The
revenue stamps was about $4,000. Mr.
Moebs also spent $4,000 in the purchase
property at 1919 Vermont avenue.
The Vermont avenue and h stree
properties are contiguous, and are re
garded as q splendid site for a large
apartment. II Is thought Mr.. Moeb'
will erect such A building on the sites
| vacant land to Harry A. Kite. who vii
| improve the property with small dwell
! ings similar to the many erected b!
him in the vicinity of Lincoln Park.
$4,000 For Columbia Road Lot.
Premises 1884 Columbia road was soit
| on Thursday TO Mrs. Nellie ]. Brad
| ford for $63 900. Charles G. Allen hat
owned the property, which he conveyed
to David A. Baer. who in turn0 Trans
| ferred it to Mrs. Bradford.
Joseph A. Berberich YESTERDAY pur
! chased the residence at the north"eS
corner of Eighteenth and Kenyon
] streets from George T.. Stewart. Th
| price paid was Sl3b00.
| Richard r.. PairO became the owner .
the order Of Moses hall, on Eight
street southeast. between f and {
streets. last Thursday. He bought tn
property at a foreclosure sale for sl2.
| 800
The loan market did not share in tn
| activity that marked the sale depart
| ment in the opening week of March. tn
| exact f.ures for the loans OF the wee
| were S2SS. .25566. This sum was borrow
ed on the security Of ?l6 lots at a
average interest rate of 81 per cent.
Straight loans constituted the bulk o
the weeks business showing an aeSre
gate Of S2T5. .S10.24 The building assocla
tions advanced to members $SO5O. Tn
sum of all the notes given for defcrre
purchase money was SCI ,sSo.4".
County property was most faVore
this week as a basis for loan security
being pledged for total OF s2N, T2%
Land in the northwest was encuTreee
10 the extent OF $13,, 1855. The record o
loans in the other city sections ~,
| Northeast. $27. 800: southeast. $E,MA7'
and southwest, $6.S75.