The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1908-01-26
Bu.inc,s OF a Week.

: :
Busincrh Of a Week.
Weather conditions during a part
of the week Just closed were not favor
able to the real estate men. and storms \
cut off some outdoor deals that might
otherwise have been consummated. but
they are still on the string. and in due
time will be closed up.
AS 1t was. fairly good business was
done for what the dealers call 20
waiting season., The total actual sales
made amounted to about $4,000. With
but few exceptions the sales were OF
the cheaper houses, bought for occu
lpancN. and the lower priced lots. u pom
which mcn5of small means are to build
or upc. Which Investors will build
houses Of the lower and medium 81
priced order-5f FOR tie purpose of renting
tn men of small means. 4
There has been for the past several
month"; such demand bI renters tor.
houses, o I the kind named above ths 8
investors are beginning to look Int
the necessity and the profit Of sup ply
commenced to erect houses of this
class. and the real estate agents res
port considerable Inquiry on the part
of such investors for vacant property.
on which they wish to erect neat.
small homes for rent. A number OF
such deals were closed during the week
past. X
NJ Weakening by Owners.
The late money pressure has uu-
covered no weak spots In real estate,
the holders of good property being In
they know, the value OF Richmond
realty, and as but very few. II any. OF :
thcm are forced to sell. and as they
have lost none Of their faith, they
are holding on to what they have for
the prices they think the goods are.
worth. II "a waiting season" has been
brought about by would-be investors
holding off in the hope of tho late fnar-S
cial pressure developing u weakness
in Richmond dirt they might as we'll
decide to wait no longer. but to get
busy at once.
some Sales Made.
Among the sales made during the
week was the property. No. S24 East,
Broad Street, which was sold at auc-9
ton by J. B. Elan g Company for Mrs..
John S. Lie bert. Mr.. A. l. Straus was
the buyer, and the price paid was $13.-
800. Mr.. Straus bought as an invest.
ment. f
w. G. Blanton reports some good
sales. His agency sold the residence.
No. 243S Park Avenue to Mr.. w. s..
Drewry for Investment. The price was
$4,000. other sales made by the B1ah.
ton agency were Nos l 90 and 103 South
Second Street, for s5,525, a house OH
West Clay Street for s2.325. a vacant
lot on West Clay near Rowland, for
$1,000 and two beautiful lots in High
land Park.
a. j.. Chewing Company sold 8
handsome brick residence on West
Grace Street for $780, also No. 2O7l
West Clay Street for $4,000. This was
bought by Mr.. John S. Liebert as an
investment. Other properties sold by
sand dollars. All Of the gences res
port small sales but particulars asa
general rule are lacking. sssss
Building Operations.
Building operations continue active.
and none of the contractors are cons
planning OF lack Of work. Home
builders are making plans to erect
| homes III all parts OF the city, and tina
Indications now are that In a very
short While all of the workmen who
We're laid off when the winter short
season opened will put back to work. All
An evidence OF this is found In tho
fnct that agents who lend money on
! real estate report an unusually active
demand for money for building pur-s
poses. 5s
While the recent inclement Sweath
| has adversely affected the suburban
real estate market somewhat, yet lnan3
deals are under way. and architects 81
Richmond are busy preparing for new
houses which are to be built this
lsprlng. Nh
In Barton Heights building opera.R
lions are very active, and 1t Is time
they were. for theFo is not a vacant
house for rent 8insthis attractive suburhg
but there is an active demand 10,
them. s .Ss S % i5S
Several sales OF building lots have
been made in Highland Park and North
side during the past week or tive and
the. people arc looking for very active
building as soon as ! he winter shows
sisns OF breaking up. "
(:tnter Park.
| From fifteen to twenty recent pup-
cllasers, in Ginter IavlS property are
preparing to build during the present
4 year, a regular deyelo pment boom is8
,vell under way In this suburb. The
reduced cost Of building has brought
about a healthy cond ttion Of AZ falrs.
4 a "a TAT =