The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-05-22
REAL ESTATE AND
Bull DING NEWS.
a Week Of Quiet Ac-
tivity Without Sensa-
tion or Big Deals.
DO1NGs IN SUBURBS;
AUCTION SALES
Realty Agents Would Like to
Have Holiday, but the Seekers
After Richmond Dirt Say
Nay-Auction Sales Be-
ginning to Attract At
tention.

Quiet. conservative and substantial
activity is the feature Of the real es-
tate market for the week. Such IL
the remark that was made by a
prominent real estate agent when he
was forced right square up against a
Timcs-Dispatch reportorial interroga-
tion mark. This laconic and rather
non comnittal agent was in no mood
to enter into details to show or to
prove the faith that seemed to be In
him. and IT was self evident fact that
he had made no extensive commission
bearing sales himself. and he was
talking only OF things that he had
heard about. However, later invest..
CATION and visits to the offices OF a
large number of the sixty-odd real
estate agents in the city verified the
lacontc reply OF the above quoted gen
tleman.
The Language of the Tribe.
The spectators. or more properly
speaking. according to the new Lam
l'rage OF the tribe. the comet moving
Investors. were not very much in
evidence the past week. The comet
moving or rapid investors are the
men who buy to sell quick, that Is,
just as quick as a profit shows up on
the horizon. On the tobacco markets
those fellows. or their kind. would be
tate market they are investors" II
they buy largely and hold what they
buy as long as month. and "specu-
lators." II they buy quick and sell
muck. q committee of real estate
agents Will meet some time this week
10 invent a name for the man who
buys for permanent investment, and Ia
satisfied to Lag down his money for
good property that brings by way OF
rents and otherwise decent interest
on his money. Some of the agents are
of the opinion that in Richmond this
class of buyers should be nick-namcd
''Solomons, and these agents are in
the neighborhood OF being n!ne-tenths
right.
The mos; of the sales of the past
week. which footed up something like
$4,000, or maybe as much as 100000.
were made to the wise men or the
"Solomons.''
Out on the BORDERS.
There was. as Is usual. considerable
activity In the West End all the way
from Lon7ha rdy Street to the Boule-
ward and beyond into the suburbs 1t
Is true that all of the sales consum.
mated in this locality did not foot up
any enormous amount, hut the ap-
parently interested inquirers many of
them being brand-new Richmonders in
tho field. were so numerous and so
particular as to their Inquiries the
agents felt great announcement, and
think there are many big things like.
ly to be reported from the West End
regions in the near future. Many In
vestigators and inquirers visited the
Soldiers Home and Battle Abbey sec
lion during the week, and several
right interesting deals in that neigh
borhood were hung on the string and
some were consinan ated.
Jumping now all across the whole
city. it may be said that in Fulton
there was never as much inquiry and
never as many sales and prospective
sales as now. Not less than dozen
lots were sold In Fulton the past week.
and it is asserted that every pur-
chaser is a. home builder
All the Way to Petersburg.
Another jump takes one across the
river. Some one has said that cities
always grow westward. 1t depends
much upon tho city and It's location
Richmond has that charming location
that enables it to grow in any direc-
ton.
Richmond has grown westward, and
will continue so to do. but 1t is also
growing RAPIDLY towards the other
points OF the compass. Because of the
James River and a separate city there
has not been quite as rapid expansion
toward the south. Since the consoll-
dalton, however Washington Ward is
now taking its part in the effort TO
make glorious future for the greater
4 city, and the James will be made 10
contribute to that end, and the new
hri , nroyided for in the consolida
ton ordinance will remove the op-
stacle to transportation and prove an
advantage to the home seeker on the
south side.
For miles below the city the rail
roads parallel the river, and with the
facilities for shopping, both by ran
and water, tits safe to say that with-
in few years the territory between
the railroad and the river will be
filled with large manufacturing
plants, and continuous line OF vil-
lagos will spring mp from Richmond
to Petersburg. 1t is said that With an
cye-opener to the possibilities offered
by this section as an investment, far
seeing capitalists of this city and the
North are buying up large tracts OF
property petWcoi' FiciH'V''a az" -
tersbnrg.
Bcnsle, and Woodland Heights.
1t may be SO or 1t may not. but
already there is being shown not a
little interest In the village of Bens-
ley, the pioneer suburb Of this sec
ton. Located upon the Richmond and
Petersburg Electric Railway, 1T Is
within easy access Of both cities. max
Ing 1t possible for the busy man to
enjoy the pleasures OF a country home
and yet be near enough to either city
for business purposes,
Then, elsewhere across tho river Is
srowing Woodland Heights. Two or
three new residences We're started
there the past week, and a great deal
+ OF new Sidewalk work is being done
by the contractors. Tho company re,
ports the sale Of six lots last week
IN ~ T7,l~. y