The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-03-20
REAL ESTATE AND
BUILDING NEWS.
a Quiet Week, Showing
More Businessi in Sub
urbs Than in City.
SMALLER SALES
THE PAST WEEK
Companies Formed 70 Boom
Westharnpton, Where Rich
mond College Is to Go.
Sales in the Old Territory
Satisfactory Agents
Give Out Few Facts.

= )
The real estate chapter for the week
ending last night Is necessarily brief.
All OF the agents report business ace
tually accomplished rather small. A
real estate man never considers \
thing accomplished until deeds have
been signed and duly recorded in the
Offices OF the court clerks. Measuring
things by this rule y may be said
that the business OF the past week
amounted to very little over 100000.
but measured by the string which
sure to wind up all right. and things
that were hung on the string and are
fairly sure to drop off all right, 1t
may be said that as much as quarter
OF million dollars OF real estate
changed hands the past week.
Tho sales that were made and the
tentative sales that are likely to be
made were scattered all the way from
Fulton In the extreme East End. to
Westhampton in the extreme West
End.
Westhnmpton Blooms.
Northampton is showing up won
derful development. since It Ms been
definitely settled that Richmond Coll
lcge is gong there. Golsan & Nash.
tho wideawake young real estate
agents who control most OF tho prop
erty out There. tell me that they have
been very busy all OF the week show
Ing folks the lots and the folks were
SO well pleased that they bought right
along. These Golsan e. Nash people
sold during the past week forty lots
in the westhanpton division
Spreading Out.
OF course. when community wakes
up to its advantages there necessarily
come along companies and firms to.
develop said communities. During
last week two companies have sprung
UP to develop Westhampton. and they
made evidence OF their faith in West
hampton by putting down the cold
cash. The Westhampton Development
Company. OF which Herbert S. Bergen
is president, last week bought the
Lowric track OF fifty acres. lying very
close to the Country Club property.
This company proposes to cut the
ground up into lots TO sell to actual
settlers.
another company that was formed
last week and took in the tract OF
sixty-fye acres between the Three
Chop Road and the Richmond College
property. William Todd Is the pres.
ident OF this company. and j. P. Nash
Is the secretary and treasurer. Gol-
san & Nash are the agents. who have
these properties In charge.
G,,l,urhs nO0 ~, Gy,r ~
With the clearing OF the skies and
the real opening OF spring, the SUI
burban sites are attracting attention.
It is likely that the half or probably
more than half Of the sales reported
property. Anyhow Barton Heights.
Brookland, Highland Park. Chestnut
Hill, Harrowgate. West End. Wood
land Heights. Manchester. and, in fact,
all OF the suburbs are in the eye OF
the buyers. and while the agents who
handle this kind Of real estate are
Sretioient and will not tell tales out OF
school, the facts have leaked out, and
they are to the effect that great
zeal OF suburban property changed
hands last week, and that In nearly
every case the buyer was O home-
builder. OF course, some OF the buy
ers were SPECTATORS. and reasonably
expect to sell later on for profit.
and they will get it, too, but In the
main the buyers are actual settlers.
Ind this means a building boom for
this spring in the suburbs.
Gintcr Park.
Glnter Park. the leading suburb, Is
setting a pace. and the people who
look after that property tell mo that
It Is going to do an especial stunt
this spring, greater activity than ever
Z before known being noticeable there
this season. The cutting of hedges
preparation OF gardens and lawns. and
the large number OF workmen en-
ployed upon tho erection Of homes Inn
press one with the unusual Develop
rnent and enterprise Of this suburb
The new pumping plant IS fully COM
plete. and the contract for the erection
4 ofsaS75,000-ga gallon water tank has been
let to a prominent contractor. Three
contracts for; residences were awarded
last week. and the company operating
II this suburb reports an active demand
Il for Its lots. ig8 S5i
Mistakes Sometimes Made. I'll
But. getting back to town; I am told
that the sales for the past week were
# som ewhat smaller than for the week
previous. that Is. actual sales that have
been contaminated amounted to not
3 much more than $780, 900. but those on
4 Tie string, and practically consum-
mated. would more than double the
Z figures given above, OF course. the
agents will not give away thes.
strlnged deals, because to do SO might
burst up some of them. Such thing.
b have happened, For Instance. las
week a man who thought he was doing
a righteous thing told q & newspaper
81 perhaps he ought not to have told
ftSS and the newspaper nan was JJhst foo
n enoug HI; or, may be I ought to say. Jus
& yal2enough,, to print the news as h.
got It. The printing. however. cam,
very near o & breaking up q blgadeal
s but thanks to II he good judgme nt 5o
s the Investor as well as of the Her
the 8incdentsW was passed by, and ii
" the end the eWs Inlan's mistake dis
II ttleSS or no harm. It'll 4 ~ On Ss8 3ss @