The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-02-06
REAL ESTATE AND
B U|L DING NEWS
Something Of Lull, but
Agents Keep Busy
All the Time.
GREAT DEMANDF FOR
RESIDENCE s. IT ES
Real Estate Clearings for January
Show Splendid Business for
First Month of the Year.
Suburbs Are Active. =,
Business Block on
Seventh Street.

Nearly all of the real estate agents
complain OF rather dull business the
past week. Just why 1t should have
been dull none OF them offer an ex-
PLANTATION. except that in the main they
charge II TO the weather. which has
been rather unfavorable. Nevertheless
there has been some business going
on. Most of the sales that were made
were ON the small order. and the
records show that the bulk OF the
dealing was in suburban and West End
and other residence property. The In
yestors and home makers and specu-
lators who have an eye on this class
of property were quite numerous, and
they picked up what they regarded as
bargains all the way from the Boule-
ward. and even beyond. back eastward
10 far away Church Hill and away out
In Fulton.
Wise Investors.
Very little business property was
traded In last week and pretty much
all Of the sales that were made were
of residence property. some of which
was bought by home builders and some
by spectators who think they can see
a forthcoming profit. One agent tells
me he sold $4,000 worth OF West End
lots to one investor who had money
lying idle and knew OF no better way
10 invest II than in Richmond dirt.
1t is likely that this investor Is
wise man. or maybe 1t was woman.
but at any rate there Is no discount
on the wisdom OF this Individual, be II
he. she or II.
Summed up. the transactions of the
past week footed UP but little more
than 100000, that Is, trades that were
finally closed UP. Tho deals that
were but partially concluded and yet
remain on the string would run the
figures up at least $4,000 more, but
they are not yet consummated deals
And yet there was activity among
the real estate agents. There is. and
OF the Indications point to good bust
ness yet TO come. Several OF the
agencies tell about big things In bust
ness property and in residential out
looks that look mighty good to them.
In brief, there is very much business
on the string.
In the Suburbs.
All OF the foregoing remarks refer
in the main to city property. The
suburbs continue active, and while the
weather conditions have not been IA
vorable. there have been not Few
deals in out-of-town lots.
The Harrowgate people say they are
selling village property and small
farm lots out there to beat the band.
Forest Hill Sealers say they are nav.
ing but little trouble in disposing OF
lots, but when urged for particulars
they refuse to give names and figures.
In Woodland Heights. on the south
side of the James, there was decideo
activity the past week. inc actual
sales were small in the main. but the
OF people who have picked
OUT lots over there and propose 70
close up the deals before spring Is
simply phenomenal. me sewerage
having and other improvements ar
ranged for by the promoters OF WOOD
land Heights are stu gong on OF
rapid rate.
comnany's property reports business
ant ~ the Boulevard section very GOOD.
MANY speculators are buying West End
lots with q view Of making big profits
II The near future. All OF the people
Who are dealing in West End properly
are well pleased with present, conai-
-. ana with the outlook for the I'M
mediate future.
January Business.
,ho General real estate clearlnss .or
.,, month of January. as co1hp'ieu
ION .n court records by W. p. Putceil'
- or the real estate firm OF b1ah.oA
{. purcell, are as follows:
In old city limits z1o7,
Improved property ........s oo o.oee
Vacant lots ............... '
In annexed section ,eoos
Improved property ....'..' ,osee7
Vacant lots ............'..' '-o.oo
suburban lots and improve go
Henes ro..a 27,113
Total .......,.,....''.''.S 49, -.
These figures largely exceed those OF
January OF last year, and that 'anuu's
was pretty lively month"; w.
Gintcr Park.
The stockholders of the Ginter rark
company had meeting the past week'
and the figures that came UP ior IN
were very pleaslhs
them. These figures show that mere
have been very few suburbs anSwhele
in the land to show such "ohueiiu'
Growth In actual home building as mas
! his beautiful suburb Arecord ofabout
forty homes under construction or
vclopment enterprises can show IN
so short time as q single year. This
suburb is made UP of prosperous busl-
ness and professional men OF the city,
and the contingent of the Union Theo-
logical Seminary adds much to 'lAe lie
of the place.
Tho outlook for building there dur
ing this year is said to be even more
than the year past AL
ready several parties have purchased
lots upon which to build. and plans
are being made for number OF new
homes to be started during the early
spring,
stores on Seventh Street.
Plans are being completed by ID.
Wiley Anderson for three modern
and basement stores, the
erection Of which will be begun at
once, on seventh Street, opposite the
post office. by w, II. schwarzschild.
the owner of half-block OF what is
CONTINUED On Second PaEe.J