The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1916-01-08
FIRST WEEK IN YEAR
SDISAPPOINTING TO
REAL ESTATE MEN
Brokers Say, However, That Big
Negotiations Are Nearing
Contamination.

Real estate ira ding for the initial week
Of the new year. AZ viewed from the
standpoint of completed sales, was dis
appointing to the brokers'. They say II
is extremely difficult to close sales i'm"
mediately after the holidays. but re-
port the tendency Of negol atipns on
which they base homes for az i'creased
number Of sales later in the NTH.
Three deals Involving an aln rtment,
dTelipg and business vSn1t ,i So SoS o.
rilnhored to have reached the deposit
stage during the week The deeds OF
one or more may be recorded early next
The trading for the last week had q
slight ledge" on the inertia that mark
ed the closing days OF 1915. Eighty-hine
transactions we're erected as compared
with seventy-eight sales reported DUR
Ing the final week Of December In
cludsd In the operations OF the last
week were ~ lots and parcels OF real
estate. Only 126 lots changed owners
the week before.
Suburban Realty Active.
Despite the mid-winter season the out
lying suburbs were the, scene of more
than half the trading of the week. One
hundred and thirty parcels we're trans"
ferred In that section. The near-urban
district ranked second with forty-four
lois conveyed. Inc nOfIneNbI OuLTAuh"
ed the northwest section, twentystS lots
being sold as compared with twenty.
In the southeast four transactions were
effected.
Among the downtown business prop
critics figuring IN the trading were the
property at 716 Eleventh street north
west, and the southwest corner OF
Third and @ streets northwest.
R.T MaFy .rsea propey faS% Rn
thony r. Lucas. The stamps indicated
a purchase price Of 1880.
The @ street property was sold by
Ann c. Sutton to Nellie Sullivan. Inc
price. according to the stamps, was
Mrs. Mary F. Henderson added to
her holdings of sixteenth street prop
north Of Fuller street from Mary E.
Barney. The stamps and encumbranees
Indicate price Of 5000. For $500 the
Washington Loan and Trust Company
sold to Mary S. Seward the property at
1S2f Sixteenth street northwest
East Washington Sale.
Some Of the property included within
the area once selected by the District
Commissioners as a site for the Eastern
High school figured in the weeks trans
fers. Herman w. Van Senden bought
the property at Eighteenth and East
Capitol streets from Percy H. Russell
and. George l.. Bunnell. trustees. The
transfer includes original lots to in
square 100. The consideration was
not made public.
OF January showed a decline from the
dgures Of the last week Of the old year.
The, exact figures for the last week
were $2ss, 5000, This sum was bor-
-rowed ON the security of lis lots at an
average interest rate of So per cent.
The bulk of the weeks loans was of
. the straight variety, OF which there
was an aggregate of S2l2, $3.50. The
building associations advanced to men,
hers $39,700. The sum of all the notes
given for deferred purchase money was
$50, 2S2.4a
County property was most highly ia
vored as a basis of loan security being
pledged for a total of 31S9,69S.12 Land
in the northwest was cncumbered to
the extent of $36700. Loans in the
southeast totaled $81,a5O and in the
northeast SS0.702.87.