The Washington times., 1916-01-08
FIRST week IN YEAR,
|SD|SAPPO|NT|NG TO.
REAL ESTATE MEN
Brokers Say, However, That Big
Negotiations Arc Nearing
Consummation.

Real estate ira ling for the initial week
Of the new year. as viewed from the
standpoint of completed sales. was dis
appointing to the brokers' They say 1t
is extremely difficult to close sales Inn
mediately after the holidays. but re-
port the pendency OF negotiations on
which they base homes for al creased
number OF sales later In the nth.
Three deals involving an nIm ttment.
dwelling. and a business block OF
total valuation of about 0o,0oo are
rumored to have reached the deposit
stage during the week. The deeds OF
one or more may be recorded early next
week.
The trading for the last week had
slight edge on the inertia that mark
ed the closing DAYS of 1918. Eighty-n!ne
transactions we're effected as compared
with seventy-eignt sales reported DUR
ing the final week of December. In
cluded In the operations of the las.
week were 224 lots and parcels Of real
estate. Only 12S 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 were trans
ferred in that section. The near-urban
district ranked second with forty-four
lots conveyed. The northeast outrank-
ed the northwest section. twentystx lots
being sold as compared with twenty.
In the southeast lour transactions were
effected.
Among the downtown business prop
critics figuring IN the trading were the
Third and G streets northwest.
]. Henry Wurdeman purchased the
Eleventh street property from An,
Indicated
purchase price Of $500
The G street property was sold by
Ann G. Sutton to Nellie Sullivan. Tho
price. according to the stamps was
Mrs. Mary F. Henderson added to
her holdings of sixteenth street prop
erty Thursday by acquiring lot just
north Of Fuller street from Mary E.
Barney. The stamps and encumersnces
indicate a price Of 5000. For $500 the
Washington Loan and Trust Company
sold to Mary S. Seward the property at
1871 Sixteenth street northwest.
East Washington Sale.
Som. 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
transfer includes original lots to in
square 11o9. The consideration was
not made public.
The loan market for the initial week
Of January showed a decline from the
figures Of the last week OF the old year.
The, exact figures for the last week
We're $2ss,350.99. This sum was bor-
rowed on the security of lis lots at an
average interest rate Of 5.G per cent
The bulk of the weeks loans was Of
the straight variety, Of which there
was an aggregate of $2l3. $3.50. The
building associations advanced to men,
hers $39700. The sum of all the notes
given for deferred purchase money was
$35, ,2S2.4a
County property was most highly Ia
vored as a basis of loan security being
pledged for total OF $lS9,63S.l2. Land
in the northwest was Cncumbered to
the extent of $36.7Oo Loans in the
southeast totaled s31,350 and in the
northeast $50. .702.s1