The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1923-09-01
Realty
introducing the Speakers.
No Summer Slump.
Watch the Smoke.
by ROBERT LESLIE BELLEM-
Real Estate Editor.

by ROBERT LESLIE BELLEM-
Real Estate Editor.
y1HOSE who know Washington
real estate best, are those who
: handle Washington real estate.
Intimate 1aily contact with a SUBJ
ject generally proves vastly en-.
tightening on that subject; cspe.
cially is this true in the realty
field, where a constant minute
scrutiny of the ups and down (.
ins and outs, twists and turns
and peculiar quirks of the CON-
modify handled is vitality essen
tial to success.
This column is devoted to news
of general interest to everyone
interested in real estate-and
there are many more who fall
into such category than the
realtors and brokers alone. Who,
therefore, is more apt to speak
entertainingly to the readers of
dealers themselves? With such
q thought in mind, short inter-
views on the general fall outlook
in the Washington realty field are
offered for your delectation, those
interviewed being well-known real
estate workers Of the city.
EDWARD r. CARR, sales man
~ ager for William S. Phillips
realtor: The talk of summer
being a dull season for real
estate, falls on deaf ears, az far
as this particular office is con-
cerned. The season just waning
has been the best summer in
point of business transacted in
the entire history of the Wlli.arl
S. Phillips organizations existence.
We have had a greater number
of prospects-and have sold a
greater percentage of those pros
poets, which il smore important
than In any previous summer.
More prospects have proven
serious, as compared to the sight
seeing class which manifests r.
self each year, than ever before.
s6vTVHERE Is reason for this"
IL Mr.. Carr continues, "other
than that a growing percentage
of the population is becoming Q
homecoming element. More ana
more people in the small-investor
class are learning the lesson that
real estate is one of the sound
est, safest investments IN the
world. They buy a small prop
erty here, and later on another
one there, until finally they build
up a comfortable sum in rental
incomes each year. Others, see-
ing this, are following their ex-
ample"
ON the subject OF the tendency
" in BODYBUILDING, Mr.. Carr
says: "The semi-detached home
is coming more and more in
vogue. While the completely
detached style of structure Is
naturally the most ideal type.
there are many disadvantages
which enter into Its construction
for the average man. First, It's
rather prohibitive cost-always g
highly important factor. Second,
the fact that ground is usually
SO valuable in reasonable we'll
settled suburb that a lot large
enough for a completely detached
home is difficult to secure unless
a stiff price is paid-which means
that the detached home must
usually be built further away
from the city, in a more sparsely
settled community. Third, the
frame construction almost inVart-
ably found in completely detached
houses-not always the best meth
Cd and usually the most expensive
in upkeep. Contrast to these dis
advantages the modern senli-de-
tached dwelling whose conservation
Of space, brick or tile construction,
closeness to the center of popula-
ton and comparative economy Of
initial cost and subsequent upkeep
offer many attractions to the home
seeker.
'In line with this preference Of
the public, for the semi-detached
type, the William S. Phillips organ
iZation is soon to place upon the
market their subdivision at Wis
consin avenue and Warren street
land Park" in which every struc-
ture will conform to the ideas
above outlined"
7 A. MKEEvER, sales manager
Of McKeever & Goss. realtors.
and brother of r. l.. McKeever,
senior partner of the firm: Watch
for q sudden increase in rentals
and sales Of city property within
the next thirty days or so! And
try TO rent a desirable apartment
or home when Congress convenes!
Congress has been out of ses.
sion longer this year than it
has since before the world war.
With such a long vacation facing
them, representatives. and Sena-
tors. secretaries. attaches and the
entire congressional retinue gave
up their leases on the apartments
end houses they had been resid-
ing. in. Now. coming back. they
Will be searching for quarters
again. Three out of every five
returning legislators with their
staffs will be seeking residences.
EsYET little provision has been
made in comparison with
this time last year. Few new
apartments will be ready for oc-
cupancy when the lawmakers ar
rive in Washington. Congestion
and a subsequent demand for
apartments and houses is bound
to result. Already some pressure
is being felt. although the real
rush won't begin for a few weeks
When 1t does-watch the smoke,
New houses will be snapped
up as fast as they can be made
ready to live in Apartments will