The Washington times., 1917-04-28
APRIL SETS RECORD
IN REALTY TRADING
Total of SGT Transactions
Closed, Involving Transfer of
2,115 Lots and Parcels.

Realty trading for 1917 reached its
(Monday's business being estimated)
the brokers closed 567 transactions in
which was involved the transfer OF
2,l15 lots and parcels of real estate.
Investments in the purchase of and
loans on Washington real estate to-
tailed 100000
The increase in the volume of trad
ing is shown by a comparison of the
business of the preceding months OF
the year. In January 5T1 deals were
effected. including 1907 lots; in Fen
ruary 5"7 trades were reported, In
volving 1909 lots. while in March the
brokers completed 1876 sales, affecting
S1T parcels of real estate.
Not only did the past month excel
its predecessors of 1917, but 1t mad~
the best showing for the month OF
April since 1913. In April, 1916,
total of 1,6O2 lots changed owners.
more than 500 lots behind the trading
OF this month. In April. 1916 invest
ments reached only $4.475, 900; IN
April, 1915. only $I.35O.OO0 was in
vested, and in June, 1914, investments
aggregated but $4.OOO,O0O.
Decline During Last Week.
The trading of the last week of the
month displayed a sharp decline from
the activity which prevailed during
the other three weeks. In the past
six days the brokers completed only
133 deals, in which were comprised
23S lots.
Uniformity seemed to prevail in
the trading of the week. Tuesday
and Thursday, were tied for suprem-
acy. each reporting twenty-five sales
Monday ranked third. with twenty
four deals to its credit. ana was fol
lowed closely by Wednesdays show
ing of twenty-three trades. Friday
and the half holiday of Saturday
each witnessed the closing of eighteen
sales.
The outlying suburbs maintained
the lead of the market, with ninety
three parcels conveyed. The south
east ranked second. being the scene
OF the transfer of h:fty-three lots
The near-urban district was in third
place. with forty-four. lots to its
credit. There were twenty-six lots
SOlu Nnt III Inv
northeast, and four in the southwest.
Warren Heaviest Investor.
John L. Warren appears to have
been the heaviest investor in real
estate during the past week. He Ac
quired from William T. Fitzgerald
the worthington property at Thirty
fourth and Reservoir streets, in
Georgetown. valued at $4,000. and
an apartment at 1855 New Hampshire
avenue northwest, the consideration
for which is not made public. Mr..
Fitzgerald acquired from $. F. Talia
ferro business property in George
town, on Wisconsin avenue below NJ
street. The price Is not given.
The property at the southwest cor
ner of Seventeenth and streets
northwest, opposite the State, War
and Navy Department, changed own
ers during the week. In addition to
the corner property the same pur-
chasers also acquired premises. 1902
and 1904 F street northwest. Charles
G. and LemueI s. Blades bought the
corner house from Martha 4. Hogan
and the other two properties from
Harry G. Birge. The total considera-
tion is not stated, nor has announce
ment been made OF a contemplated
Improvement to include the three
houses.
Decline In Loan Market.
The loan market also experienced
a decline this week. The exact fig |
ures in the loans of the week were
$523. 1862. This sum was borrowed
on the security OF 2OT lots at an
average interest rate of SIS per cent
Straight loans were in the van OF
the weeks business, with an aggre
gate of S3I4.967.52. Building asso- !
Citations advanced to members S1Ta.- /
$50 The sum of all the notes given |
for deferred purchase money was $50.
1880.
County property returned to favbr |
as a basis for loan security. being |
pledged for a total OF 1920. 165.3T. |
Land in the northwest was encum-
bered TO the extent OF $166.30I .O5. |
The record of loans in the other city
sections was: Northeast, S2l 300:
SI3,5jO, and southwest,
81 100.