The Washington herald., 1915-04-25
REALTY BROKERS
Have BUSY week
Large Transactions Include
Sales of Two Apartments
for 100000.
MANY SMALL TRANSFERS
Trading Evenly Distributed. with
Wednesday Slightly in the
Lead.
MANY SMALL TRANSFERS

District realty brokers yesterday
ended the second busiest week of 1915.
week featured by number of nu-
usually large transactions. including
the sale of an apartment house for
$500, 900. another for $4,000. $150.000
for buildings to be RACED and $115,000
for a vacant lot. Brokers say this
ing during the third week of the
month, which generally is considered
the poorest of the four.
In addition to these large sales
there were more than the average
number of smaller transactions. The
weeks total, 1872 transactions, is in in
crease of two sales per day over the
previous six days. The corresponding
week Of 1914 shows only 127 trans
actions to its credit. The sales of
the past week involved PSI lots and
parcels of real estate.
33 Deals on Wednesday.
Trading was evenly distributed
throughout the week. with Wednesday
slightly buster than the other days.
having thirty-three transactions to its
credit. Tuesday and Friday were tied
for second place, each registering
thirty-one sales. Thursday shows
twenty mine deals. Monday twenty, and
yesterday eighteen.
Although there was an increased de-
mand for property in the northwest.
suburban realty continued to lead the
market. 1913 parcels changing hands in
those sections. while the northwest
figured in sixty deals. Near-urban
property figured in fifty-six transac-
lions. twenty-five lots were sold in the
northeast, seven in the southeast, and
six in the southwest.
The Toronto apartments. Twentieth
and P streets northwest. figured in the
largest sale Of the week. judging from
the revenue stamps. which show that a
consideration of 100000 was involved
in the transaction. the property pass
ing from Thomas H. Pickford to Flora
Z. Davis. The next high priced sale
was that of the Lonsdale apartments,
21SS California street northwest. For
consideration said to have been
$l60,OO0. the property passed from
Charles d. Cugle to Robert H. Feather
stone. who in turn transferred it to
Eugene c. A. Reed.
For a total consideration of sl5O, 900, the
Ford Motor Car Company purchased the
old Fritz Reuter- Hotel and adjoining
property on both Pennsylvania avenue
and John Marshall place. and will Inn
prove the entire site to an extent estI-
mated at $4,000 The vacant lot at
Sixteenth and streets northwest
changed hands from the American Sc
curity and Trust Company to Thomas H.
Pickford for s1l5,O00. 1t is said Mr. Pick
ford Will erect an apartment house on
the site.
During the week building associations
advanced to members a total of s73, 400.
Straight loans continued to lead the loan
market, a total of $35S,I79.S being, in
volvcd. The sum of all the notes given
for deferred purchase money during the
week totaled SIS. 704.32
A portion of the second, third, ana
fourth floors of the building Of mys-
terry" Thirteenth and G streets north
west. socalled because Of the doubt that
has existed as to what purpose it would
be put. has been leased by the Interstate
Commerce Commission. This anounce-
ment has been made by F. II. Smith &
Co., realty agents and brokers. 1t is to
he occupied by the valuation division Of
the commission.