The Washington herald., 1921-11-20
CLAIMS WASHINGTON LEADS
INCLUDING OF REAL HOMES
Auction of Realty in Brightwood to Be Held at
Arcade Next Saturday.

Optimists are just now finding
ample cause for rejoicing in the
real estate field in Washington.
Home building is going on at rap
i'd rate and one dealer stated yes
terday that he believed more homes
were being erected here than in any
city in the United States. Some
large cities may eclipse us in the
erection of business structures ana
apartment houses" he said, but in
the building Of real homes I think
washington leads the country. An
examination of statistics at the
building inspectors office shows
Gathering number OF permits issued
in October for new homes.
In the attractive northwest sec
ton there Is a hum OF industry in
the building trade that is guaran-
teed to rout the pessimist who says
things are not moving.
Even greater impetus will ~
given to home building within a few
DAYS when Joseph P. Day viii sell
az absolute auction 200 fine building
lots in Marietta Park. This spien-
did site for homes occupies about
twenty-five acres and is rich in local
historical lore. The lots average
from 1900 TO $500 square feet. This
property is especially desirable be-
cause of the fact that those lots
north Of Madison street are in the
restricted district. and on them can
be erected either frame or brick
dwellings. Those lots lying south
Of Madison street are available for
rows OF houses. II the purchaser so
desires to utilize them. Through
the property will run beautiful Con-
cord avenue. This splendid thor
oughfare is already built to Third
street Another striking improve
ment which will greatly enhance
the value OF this property Will be
the opening of Fifth street from
Longfellow street ito Rittenhouse
street. The boundaries of the prop
erty can be described in a general
way as follows:
From Shepherd road north TO
Peabody street and lying between
Fourth and Fifth streets.
The transit service makes II cas-
OF access. and for the many who
will go to inspect the property a
boardwalk has been laid from the
Fourteenth street-Takoma Park
line at the Oglethorpe street stop
leading to the property. Another en-
trance and one highly available is
at Kennedy and Fifth streets. Jo-
seph P. Day. who will sell this prop
erty, has already this year disposed
of $4,000 600 worth of real estate
at public auction. He has just been
retained by the government to sell
1900 houses at Camden and Bristol
These were built for ship workers
during the war.
Mr.. Day is well known in wash
ington, where he recently conducted
sales for the estate of o. G. STAPLES
and for the Marshall Brown syndi-
cate. Mr.. Day is highly optimistic
about the coming sale and is very
enthusiastic about Washington real
ty generally. He said he had never
experienced in his career of twenty
five years Of active real estate SELL
ing a time when the market pre-
sented such intense activity along
building lines.
Washington" said Mr. Day, like
other large cities, is showing the
same signs OF activity because
building materials have come down
and wages Of workmen have been
ating a strong land-buying mar
ket"
Mr.. Day points to the sale of the
Marshall Brown Syndicate property
on Georgia avenue last spring as
prospective proof that the auction
method is the best plan for building