Evening star., 1932-03-05

"In addition to June, the months of
March, May. Septer Loer and October"
the report continues, indicated peaks
of construction as compared with the
other months. These peaks correspond
largely with seasonal operations. Taken
on an average, permits for l25 resi-
dences were granted monthly during the
period studied.
$50 for Cheaper Homes.
approached from the angle of costs,
the building permits show that of the
total of 1,495 permits 180 provided for
the erection of homes costing not in
excess of $4,000. In the brackets be-
tween SIS 900 and $4,000 was shown the
largest number-namely, 415-with 261
showing an estimated cost of between
$4,000 and $1,000; 176 from $1,000 to
$4,000, 163 from $4,000 to $4,000 and rs
costing from $4,000 to $4,000; 131
range between $4,000 and $4,000, Al
from $4,000 to $4,000, % from $4,000
to $4,000, from $4,000 to $4,000
and is from $4,000 to- $4,000, and
with only 2 above $4,000.
1.-The result of these figures clearly
indicates that most of the residential
construction during the period under
consideration was confined largely to
row house sections, including also COM
munity groups, Semi-detached and
moderately priced detached homes as
distinct from the more expensive de-
tached types which we're constructed in
much larger numbers during recent
years"
An encouraging outlook for new busi
ness is seen by Mr. Petty, who outlines
important recent developments in the
- IN Ia TOW
Realtor, official publication of the
Washington Real Estate Board.
While Washington has been most
fortunate in comparison with cities
throughout the country during the past
two years it has not been entirely
spared from the effects of the abnormal
economic conditions. Yet 1t will be
quick to react to the forward movement
now under way he declares.
Forces Going into Action.
Forces led by courageous men and
women are going into action filled with
enthusiasm and faith in what promises
to be a determined drive to awaken the
consciousness of America in banishing
fear, encouragement and doubt, the
underlying causes of the prolongment
Of the depression.
while different in character and
methods of approach these forces will
necessarily amalgamate in process and
progress and gradually merge into a
general climax of changed psychology,
producing hope, faith and finally
achievement. 1t behooves ALL small
and great, to roll up the sleeves and
start hitting at the causes instead of
knocking the effects. Correcting in lieu
Of criticizing. Pulling together-not
tearing apart.
There are concrete evidences of for
ward moving factors at work. The Re
construction Finance Corporation re-
vitaliZing big business and encouraging
transportation interest; finance legisla-
ton to relieve banks through enlarged
facilities of the Federal Reserve Sys-
tenn; the announcement from Detroit
by Henry Ford opening up work for
hundreds Of thousands throughout the
land; renewed interest in the exchange
markets; Citizens Research Organiza-
ton of Chicago spending thousands in
full page advertisements designed to
bring out boarded money; It's Up to
the Women organization of New York,
with its flve-point program Of conStruc-
tive thinking and activity appealing to
the membership of untold numbers of
organizations to take hold; the move
ment to restore normal living condi-
tons; Uncle Sans 'anti-hoarding
baby bonds in immediate prospect are
few Of these factors.
Hit Slump Nationally.
"Most of these developments are
dealing with the depression on a ma
tlonal scale and the results of these
constructive activities naturally will be
reflected IN Washington. AS a matter
of fact the board has been approached
frequently in recent weeks by its mem
bers who are seeking the services of
competent and experienced real estate
statesmen.
While there are many openings in
this branch of real estate work there
seems to be decided tendency on the
part Of brokers to use care in scrutiniz-
ing the qualifications of applicants for
sales positions. The need for competency
and integrity as a necessary requisite
for sales work is becoming more fully
realized by builders and brokers in
their competitive efforts to meet the
demands of prospective home buyers"
Two Homes to Be Built.
Plans for the construction of two
brick and frame dwellings by Everett