The Washington times., 1916-04-15
LURE OF SUBURBS
IS APPEALING MOST
TO REALTY BUYERS
More Than 800 Out OF 1000
Deals In Week in the Out
lying Sections.

The lure of the suburbs was the fea-
ture of the realty trading for the second
week of April
while nearly Loo lots and parcels OF
real estate changed owners during the
Hast Elk days. more than ths 500 spTeE TeTe aG a.
vances suburban property seems to en-
gross the attention of the investor as
well as the homeseeker:
The volume OF trading exhipited an
enormous increase over the activity OF
the initial week of the month: although
tho number of transactions during the
past six DAYS did not measure up 70
that of the previous week Durihs tno
in which were involved 9I6 lots ond par
The number Of deals compares favor
ably snt wh q the ApT TsiHrd d e thf ThsS I es
were reported. in which. however. were
included only 239 lots. In the like week
OF 1914 there were sold 2sl lots In lol
transactions.
Tax List Is Enlarged.
The disposition of people to neglect to
settle delinquent taxes before their
property is exposed for sale appears to
he on the increase. This Is shown by
the report OF the recent tax sales made
Wednesday to Acting Recorder OF DEEDS
Dutton by b. L. Prince, collector OF taxes.
The report shows that $3.50 parcels were
sold for taxes this year. as compared
with $3.50 lots in 1915, and 1850 in 1914.
The revenues OF the Recorders office
were Augmented $3.50 by the filing OF
this years report.
The weeks trading was rather evenly
distributed. Tuesday was the banner
day, with 30 sales TO Its credit, followed
closely by Wednesdays record OF y
deals. Thursday ranked third with %
trades. and "a sales were reported on
Friday. There were IL deals effected
on the half-holiday of Saturday.
The outlying suburbs outstripped the
other sections in the race for the
supremacy of the market, having been
the scene of the transfer of 500 parcels
out Of total OF 976. The near-urbai
district ranked second with 20 lots con-
veyed followed by the northwest with
So lots transferred. There were ~ lots
sold in the northeast. in the south
east, and In the southwest.
Sales of Apartments.
Apartments seemed to have almost q
monopoly OF the higher priced trading
Of the week, although none of these
exceeded the $4,000 mark. At price
indicated between $40, 900 and $4,000 koo'
ert II. Featherstone acquired the Low
ell apartments at 1907 and 1919 Four
teenth street northwest. Washington X
Berry sold the property to Rebecca A
wolfe, who transferred 1t to Mr.. Feath'
The Lanier apartments. at 174s Laniel
place northwest, was sold to Lucy S
Briggs by Samuel &. Redman. IN,
price paid is indicated by the revenue
stamps at $4,000. The Wilson apart
ments, at 4l2 First street southeast, alsC
changed owners Randolph T. Warwici
sold the property to Franklin v. Xii
lian for about 1000. Mr.. Warwick tool
ever a tract of ground valued at $24.UD
on the Bladensburg road, ana known al
part of Greenvale.
John II. CLANCY sold the business
property at l22O New York avenue u
Thomas L. Miller. The stamps attached
to the deed indicate a consideration o
l,0oO -
The District acquired several more
parcels on Tuesday within the area
north of East Capitol street, betwer
Seventeenth and Nineteenth streets as q
site for the Eastern High School, The
properties acquired belonged to Andrew
NJ. Curry. Thomas II. Pickford, Mary NJ
Entwisle, Thomas A. Gibson, and Nathan
Gladfelter.
The loan market did not display the
activity Of the opening days of the
month. The exact figures for the loans
of the second week of April were $452,.
e6s.t. This sum was borrowed on the
security OF 154 lots at an average inter.
est rate of 68 per cent.
Straight loans had the lions share OF
I the weeks business showing a total al
1891, ,067.4S. The building associations ad.
Vanced to members $lN.l00. The sun
OF all the notes given for deferred pur
chase money was $17,791