The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1907-05-05
Activity All Along the
Line, But Especially in
Small Property.
RENTERS COME IN;
RAINS DON'T HURT
Something Like Quarter Million
Dollars OF Property Has
Changed Hands-West
End and Lee Dis
trict Yet in
Lead.

Duprlng the week Just closed ]
estate has been active enough.
dealers are not complaining, the
lers seem to be very well satisfied "
the prices obtained, and as for the
vestors, 1t stands to reason that
would not have bid so vigorously
they had not been eminentiy salts
with the fig ares at which property
knocked QUITO them.
There were probably more auc'
sales during the past week than
thrde months past. and the huctiont
report that they have rarely ever
better attended sales. This alone
an Indication that investors are
search OF property that promises
profit or an interest on an inVestm
The simple truth Is that goo
number of Richmond investors \
been looking into railway stocks. >
bonds, even bank stocks and all Of
kinds of Investments. and many
them have reached the conclusion
after all about the best investment
the top side of the earth Is good X
mond real estate.
There is not little Richmond pro-
t. than can be had on reasonable tie
and at reasonable figures that VIII
vance in value IL left alone. II
Is a vast deal more that II Dough
IL now stands and improved to $
extent would become revenue-prot
Ing at a prodig!ous rate.
Renters in Evidence.
The demand for homes bs rer
IS still very far in excess Of the
plv. and there ere blocks ard bl
OF vacant probarty In various I
OF the city thjt might be Dough
figures that wot.d enable tic purch
TO 20 largely stlto the building
renting business
While on thf outside the kiehr
real estate maGret seems to have
tered upon a sskte OF spring ieths
on tie inside here have been tt
actions that goI to show That tnel
something doing. The fact Is
most of the bus ness that Is now
fs being done CD what may be tel
the Massachusetts on tho q,liet-v
IN the circle Ehers the right
does not let TIL left hand know
Ii is doing.
The number It sales and other II
actions which Aave been made y
within the LASH week are not n,
rs numerous ashley usually are at
time OF the ye1r. In large mes
this is no doule. due to the influt
of the weather (which has had n d
mental effect II the market. In
main the acti1 ty OF last week
furnished by Iales OF small no
Such homes tkntinue in active
mand. and the zeal estate agents
have such pred erty for sale fin,
trouble in plac hg 1t
Effects pf Rainy Days.
While. as a4general rule. we:
conditions shou4l not have detri
tai effect on ttd, market conditio,
real estate. yeL4to n large extent
TO. This is)chh9hy the case in the
Of outlying Irtperty and reside
Purchasers ofm,this class of pro-
prefer to inspirt it before finally
frg the sale, id also prefer b
day to q wet. lne for the inspet
Then, too. no. se-hunters and re
would rather MRture abroad on a
day than on III disagreeable one
spite of the uofavorable condition
last week. thOje were a large
Der of prospective buyers of h,
IN the marketL pnd several good
were closed. kf most cases the
rhases We're fde for homes. blu,
Investors in .Nss class of real e
were not absA L.
One of the natures OF the wee
real estate Gil Yes was the activi
rental depart .lents. This ce
chiefly In theh Nemand for a med
priced housesi And flats. The ia
are far from easiy to supply. as a S
age IN them II has been apparen;
many weeks. 3fhe latter are NOR,
merous since ctle building activit
the last yearLdhas largely turne
this directionEj
outlying rel 1lenCes and vacant
perry upon vi itch to build them
nished a ahke proportion of
weeks activil4. This does not
that the dea,S which We're act
made We're ctH fined to any partl
section, for til dealing was quite
eral. PrefereIf h. however. was gil,
we'll located EEest End property
Leo District !. BITS. This was not
natural. for Is no secret tina
two years or te9ore past this sectio
had the cal for residence and
purposes. N
Messrs. NJ seigh & Glinn sol
"Wednesday 1.9eral handsome piet
property, VIII, s;h have already bee
ported. On /. ssiday afternoon they
sold Nos. 1901 !ynd 122 West Cary S
situated at he northeast corn
Cary and JtEa,rson Streets, to n
j. Tolker. fol 15.sO0. and the three
story brick Mesidences, Nos. 525
and $40 Chl&,h Street, to Mr..
Tolker, fors MILO. After these
the same al hts sold Nos. 10 a;
Holly Street brick residences, t
&. j, Toll1e seas.
The abovel Niles were unusually
attended an decided interest
by the biddI III.
Messrs. FII, ieldon Taylor & Co
terday sold Q new three-story
dwelling atm he southwest corn
Grace and Ell h&rlson Streets for s
They also ma tho three-story
dwelling, MI 30 East Grace
for $4,000. WI
Other agJ report general az
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(ContlI gl on Second Page.