The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1907-01-06
REAL ESTATE AND
BUILDING NEWS
Holiday Dizziness Not Yet Been
Overcome, But Things Are
Moving.
CONTRACTORS ARE BUSY
They Can Build, But Fear
Changeableness Of Market for
Building Material.
CONTRACTORS ARE BUSY

The opening week of the new year has
not been a specially active one with the
real estate agents. Very few. il any,
deals of Importance have been made.
but the agents have been combining their
efforts largely to closing up the old years
business and clearing the decks for the
big things they think the new year has
In store for them.
One real estate agent, who seemed more
inclined to talk than did the majority Of
his brethren. said yesterday, I'VE are
still taking kind OF holiday so far as
actual business is concerned.
II do not believe there has been deal
made since New Years that is big
enough to report, but there Is great
deal on the string. and l believe there
is going to be great activity early in the
new year. know of not less than twenty
cases that are now subjects OF negotta-
lions, and know enough about the bus!-
ness to believe that these negotiations
will result in very short while in some
big transactions. You keep your ear to
the ground. and within week or ten
days you will hear Of some big sales
on Monument Avenue that Will mean the
erection there next spring Of residences
that Will be ornaments to the growing
city OF Richmond
Another agent, who likewise refused to
give particulars or call names. said he
had hoard that sale amounting to some
thing like $4,000 for real estate was closed
during the Christmas week. and he
thought the money had CHANGED hands
and the whole transaction was closed:
but careful survey OF the books OF the
clerk OF the Chancery Court failed to dis
close the record OF any deeds. All the
same. the deal may have been consum-
mated and the money may have changed
hands. Men who make big investments
in real estate often have good reasons OF
their own to pocket their deeds for a
week or two.
Tho builders and contractors were out
on the streets in the usual Saturday force
yesterday, but they told very little that
is not already known. AS a rule the build
ers can find plenty OF work to do, and
tho contractors say they can get all
the contracts they want to build all
kinds of houses but the market for build
ers materials Is so changeable and so un-
certain they are afraid to make con-
tract that is 80 large as to require any
figuring on future market prices tofl
building stun.
However. there is so much building in
sight, the contractors seem to be able
to make deals with gaps well enough put
up to keep them secure In the event
OF any new year advance in the price
lists of building materials.
BE all this as 1t may, the fact remains
that there is not a builder in the city
who is without his hands full of bust
ness and a lot more waiting for his
20. X" on the paper, rehearsing the
terms of the contract.
The suburbs are not idle. The Ginter
Park Company continues to make sales
and to further improve this property. The
new residences under construction are
making fine progress during this good
weather, and the general appearance OF
the Park Is rapidly changing. About a
dozen more residences will be commenced
ir the Immediate future. all OF them
by the purchasers of lots. Ginter Park
is by oil odds tho most active of the
suburbs and Is growing steadily.