The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-09-25
REAL ESTATE AND
Bull DING NEWS
a Week of Much Work
and Small Profits, Say
the Agents.
IN THE OLD LIMITS
A ND / N SUBURBS
Business Confined Largely to
Home Buying-Business Sites
Cut but Small Figure-1n-
flated Ideas Of Sellers
Against Pessirnistic No.
tons of Buyers.


The past week has witnessed any
amount OF activity in the real estate
market. but as one agent expressed
1t to man OF news: TT was an
activity that meant a great deal OF
hard work and very little Immediate
profit to the agents" This simply
means that there is an abundance OF
inquiry for all classes OF property with
In the city limits and away out In the
suburbs and that all OF the agents are
being kept busy showing goods and
hanging future prospective deals on
tho string, but doing only limited
business In the way Of making sales
and collecting commissions. Well.
this is the season OF the year for just
that kind OF business, and nobody knows
1t better than the agents themselves.
and SO. instead OF being blue over
small sales, they are measurably en-
thusiastic over the outlook for big
fall and winter business
One agent declared that his firm hac
not made rult IN the way OF com.
missions tho past week, but saio
he, III half the deals 1 broke grouna
for In tho last two days materiaiize
I will nave selt to sell before Christ.
mas and viii need a lot OF 1t myself
for strengthening purposes, for never
worked GdIACi anu lhesAO 1900 $1,000 -
any one week In my aife.'
An Old, Old Story.
Several agents who were inter-
viewed complained very strenuously ot
the hard times they are having - sN
the BUYER and seller on anyenlne pke
decen. trading ground. IL ID eh 90, ,ss
old story of the inflated ioess " ~,
sai,ou, who owns Richmond clrl th ina.
.,,y wants to sell. but puts
e,na,fon an Il because II is Richmond
.a,,-a that Is far beyond the iueas
r. ~ fellow who is just as ANXIOUS 10
buy. .,,,t,g down
VIVID of a swapping transact!ol
mar involved matter OF s.o,Vpo' 49,
1, ,an sown because ono OF the par,
~ the prospective swap had MS uii
yalued at something like s2.ooo M
than liz could possibly o11ns
No hamu,er or under any other CON
s sns Tn this case business sites
s.sra In the balance on one naho'
snd occidental property on the othe,,
,rhe sun, OF $4,000 is mighty Sinai ,
after Ia split $4,000 TRANSACTION,
hi, II did that very thing the pas'
week. ~,
Money Seems Plentiful.
The money situation mas easeo Wy
conside rably, and folks VINO own
Mot of ground. or have enough money
Pm h,v one. now have no difficulty in
horrowinr all the money they may
need TO build on the same. This mas
roade home-seekers and e-nakers
all the more active. and not a Few OF
tham have been investigating vacant
ints both within the city limits ana
ont In the suburbs. mis- is one OF
the things that has kept the agents
so busy in their automobiles ana
and buggies.
activity may be noted in the fact that
hardly a day passes that some real
estate agent does not Invest In an
True, the things do not
smell good, and in the main they are
mighty bumpy rideables but they get
the prospective buyer to the ground In
short order and save a lot OF time. The
agents hndSthem good things In which
to show property. They beat the old
horse and buggy all to pieces.
Some Gooa Business Anyhow.
backs above referred to, considerable
property changed hands the past
week. The auction sales that were au-
vertised Were we'll attended. and In
the most Of the cases sales were made
without trouble. A. good deal OF the
property that Is put under the hammer
has to go II anything like a decent
price is offered. That is what auction
sales are for, and SO the troubles OF
a buyer with bearish notions together
do not always fall to the lot OF the
auctioneer. The "high dollar" was
Offered by H, S. Wallerstein for a
store and dwelling at Fourteenth and
Franklin Street, and the bidder got it
for $500, j. T. Goddin g. Co., being |
the sellers.
Several other places We're sold at
auction In various parts of the city, |
aid this simply shows that when a
seller really means business there will
be no trouble about finding buyer
for desirable Richmond realty. None
OF It goes begging.
A Few Private Sales.
A $4,000 residence on Park Avenue
and $4,000 home in a central loca-
ton. both sold by c. A. Rose Com
pany were among the larger sales OF
the week. Another agent reports quite
a number Of small residential sales
within the old limits that aggre gated |
nearly $4,000. Still another tells of
sales on St, John Street, on Churall
Hill and in the suburbs that footed
up $4,000. and with the sale of
farm not far from Richmond he makes
his footings run beyond the $4,000 |
mark. Other agents refer In vague
way to nice little sales, and alto
gether the aggregated figures for the
week run to about S150,0O0. and this
Includes some good suburban deals. In
fact, pretty much all of the trans
actions of the week We're confined to
residential property, either already
QUILT homes or lots upon which to
build
It is certainly true that there is
rifle more activity in the suburbs than
n the city proper. Out In Ginter
Park, for instance. the company which
holds the fort there says they have
lad most satisfactory week. they
having sold nearly $4,000 worth OF
for home purposes, and have
lad number Of inquiries for lots,