The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1908-05-31
Without Any Cause That Can
be Explained Sales
Fell off.
ACTIVE INQUIRY
KEEPS AGENTS BUSY.
Captain Landstreets Invests i'll
Large Tract--Renting Season
Approaches - New Home
Makersto Nacate Rented
Property, but Houses
Are Still Scarce.

Just why the total sales Of real es-
tate within the city limits should have
fallen off the past week az compared
with several recent weeks Is hard tc
explain. in fact the busy agents who
are handling Richmond property dc
not attempt to explain II. They have
worked hard enough. and there has
been no complaint whatever of lack
Of inquiry. In short, people seem tc
want to buy, showing a marked in.
terest in property in all parts of the
city. and every agent in the city has
deals of mora or less importance and
Of greater or less magnitude on tina,
proverblal string, but for some une&.
planned reason comparatively few sales
were consummated during the week
1t may be that the hot spell, which is
closing up the month Of roses and pre-
maturely drying up tho rosebuds. had
the most to do with 1t. or It may be
that holders of property have not yet
made as much concession as would be
buyers are demanding, or 1t may be
that the latter are unnecessarily bull
hended.
Sales Fell or Somewhat.
But, whatever may be the cause. the
fact remains that the actual sales OF
city property tne past week were
for several Gt the weeks previous.
amounting in the aggregate to less
than $4,000.
The sales that were made were con-
hned entirely to small property. and
not single one could be traced down
that amounted to more than $4,000.
1t Is possible that some. maybe two
or three. exceeding that amount, were
contaminated, but IL so, the man OF
there is nothing very strange about
this. for real estate agents have way
sometimes OF running TO seed the old
gag about keeping the left hand in
total darkness as to what the right
hand Is driving at or has accomplish
ed.
Captain Landstreet Investx.
Whas was perhaps the largest sale
of the week was OF suburban property
They sold to Captain John Landstreet
OF the r. A Patterson Tobacco Com.
pany. 140-acre tract OF vacant land
on the Three-Chop Road, about four
miles from the city. The price paid
and other particulars are for obvious
reasons kept a secret. 1t Is not even
made public what Captain Landstreet
proposes to do with his new purchase,
but II is said he is highly pleased
he intends to erect upon the property
a handsome country home or villa, and
vary his busy life with experirn entail
farming on the scientific order, lie hay.
ing rea ched the philosophical conclu.
sion that 1t Is not all Of life to live
In factory and make plug and smok
ing tobacco.
All of the agents continue to report
active inquiry for eligibie city prop-
.erty both for business and residential
purposes. especially the latter, and
they deny with one accord that bust
ness is dull. for they never consider
times dull as long as "the string" is
well hung with prospective deals. lust
wait until next week. said one agent
VINO is rejoicing in the possession of
a well-loaded string. .and unless all
the signs Of the times come to naught,
Will show you some pretty healthy
sales ranging from $4,000 up to s10.-
00O"
Renters Getting Busy.
me time is near at hand when the
rental agents be busy--in fact. they
are that way now-busy arranging
their lists and preparing to answer in
qulrles from people who contemplate
making changes for the rental year to
begin September 1st.
one OF the agents remarked yester-
day that the cry OF scarcity Of good
renters" Is being heard again. NOT
outstanding the building boom which
has been on for nearly a wear Ha
SAID the fact that many former house
renters nave built homes Of their own
WITHIN the past year i" shown by the
1act that nine-tenths Of the QUIT. no
tices ne mas received from his tenants
come from people who give as a rea-
son Tor quitting their present quar-
ters that they have built homes of
their own. -
mere is already active INQUIRY on
the part of people just MOVING 70
Richmond and the PROBABILITY IS +b.t !
none Of the builders of new honses
ior rent will, hold the new KEYS unti1
September. s'
Business In the Suburbs,
me dealers In suburban property
Say there is much activity beyond the
CITY limits. AIessrs. Christian &
wright. OF the Henrlco Realty Com
panS. who have recently opened an
o'hceS IN Barton Heights, say they are
Hav'hg much inquiry for property In
ana about that charming suburb. Thev
have made some good sales since tbey
put out their shingle, and they have
heard of quite a number of recent prI-
vate deals. The Heights never looked
more attractive, and the home- Sc eker
who goes to prospecting there will
come very near to buying before ho
gets thrugh looking around
Brookland Park. just beyond the
Heights. is also showing increased ac-
livity. NIessrs, Deyer & Ramsay sold
lour lots there last week. and Mr.. ].
5IE Feathers. who owns considerable
property In the park. also disposed of
lour beautiful lots. It Is said that all
pf these lots We're sold to people who
contemplate bAlldtng homes in the
very near future In Chestnut Hill,
Highland Park and Northside Park
business was fairly active all the week,
Ind In each Of these suburbs nice
property changed hands.
Recent buyers of Ginter Park lots
Ire Messrs. s. H. Lindsay, r, B. Car
penter, B. w. Wilson. W. g. Hill and
=. Lawton Crutehheld. and Mrs. f. II,
Halyburton and Mrs. j, o, Martin
This section is very active, and the
company reports many other sales in
PROCESS of belnr closed 5; ~