The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1907-10-06
BUY HOMES,
PAYING SPOT Cash.
Real Estate Values Show Sharp.
Advance in Suburbs
and City.
MARKET NJ FIRM FOR SEASON 'l'.|l
Suburban Trading More Active.
Than Ever Before, Accord
ing to Dealers.
MARKET FIRM FOR SEASON

+ Z y Z
The status OF the real estate market
for both the city and the suburbs is
very encouraging. The market. wniie
not especially active. is firm, and the
demand and prices are good. The
holiday spirit which now pervades the
city is causing a slight falling off in
trading. but the agents report the
largest summers business done in
years. The city is closely rented AMI
the demand for houses is much greater
than the supply 1t Is the general
observation Of those who deal in real
estate that unsatisfactory conditions in
the stock market are almost always
followed by an inclination to purchasel
real estate, and this has been the case
this fall. There have been a 5,rsat
many purchases Of property In the
3last,two months, especially Of small
homes.
"a; The trading In the suburban market
has been more active during the
months Of August and September than
ever In the history of the city. This
is caused in q great measure by the
unprecedented rise in rents Of city
houses The excellent street car SER
vice now enables persons who work!
lin the Z city to reach their homes S IN
the suburbs in almost as short time!
as they could when they resided in
the city.
Many. Cash snles Made.
Az an indication OF the activity In
the outskirts Of the city. the agents
cite the fact that greater percentage
OF their sales have been made 70 ~ ca 81
recently than ever be fore. ~ = i eretof ore
Ion the instnlment plan, but now at
least half, OF them are sold for cash,
land a. great many p uric lasers W ar ar
lSrange to ssbuy.gon ytnstalnlent pay. Tor
lEtheiry Rproperty before tho amour II Is
due, ana thus get the advantages OF OF s. ne
discount. 81 Sis;,
In Gintert Park there have been g
great many important sales. and a.. "a ne
purchases for this year are far IN al; -
vance Of those s heretof fore.
This section. has been greatly en-
hanced / n value by many improve
|ments which have recently been made,
drainage and Waterways have been
4 provided, and the park as been very
much beautined by the planting 81
|shrubs, Wines and he'd ges, i5ss ists
The tone Of tint section lla s3sf beer
i firmly estahltslalk hyS tho lOcat ion 81
4 the Union Theological Seminary VI nnG
4 the subseque development, NJ y u ss.,
Hing with the example sc t. by this great
i Presbyt erinnI institution. There are q
ready a great number Of beautiful resi-,
!! denccs ins this section, and the fac
THAT aste ops are now being taken for tht
sEbuilding of a now lloI Acopal and az lev
|Presby teFian church. further tests tn,
|substnntial character Of the parks de
/ velopnent. u e
Recent sales have been mad o 6 II
\ NIessrs,F g Gorge d, ~ Xton, ] r, y tomas
!. Gresham. Y 1. r. Paschall & and rs ] .ss Il
/ Bodeker. Several of the early pur
!. lehasers Il OF Gintor Park lots have 10
8 cently resold them sa tsssyer rs su bstantia
a atl van ces. se sgss i.tt3 Ss
4 Property In n lie N oil VI Side rs a Isl
4 pntlnued ON econd sloage,) AN