The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-07-31
REAL ESTATE AND
BUILDING NEWS
Suburban Lots Selling,
but Market Seems to
Re Generally Dull.
RENTERS GIVING
AGENTS TROUBLE
Wait Until Too Late to Release
Houses, and Then Experience
Trouble in Renting New
Honles-Many Dwellings
Being Erected for Pros
pective Purchasers.


While suburban property seems sill,
to be maintaining it's own in spite AZ
the hot weather. the general tone of
Lhe reai estate market last week was
dull Present Indications are that II
VIII remain dull until tho opening of
the fall season, when peoole have
conae back from their vacations and
are settling down TO hard work axain.
visits 10 number or real estate Of
nces yesterday were not productive OF
reports OF big sales. and $4,000 deals
are as scarce as white crows But the
market Is always dull at this season
OF the year. and 1t was nothing IN
usual TO find that sales had been slow
ana only OF minor importance
vaughan & Williams are Offering for
sale four and a half acres OF attrac-
tive property at Westhampton. front
Ing 500 feet on two popular avenues.
and expect to have no trouble in dis.
posing OF the tract. as other property
IN the same neighborhood has sold
we'll In the past. The same firm last
week sold q. house in Barton Heights
for s. P. Jones to c. E. Fleming for
$500.
Trouble with Renters.
Richeson e Crutctfeld report TINT
the handsome flats in course of ecec-
ton at the southwest corner of Allen
and Park Avenues will soon be ready
for occupancy. and that they will be
let at once. The same arm reports
that houses are being released every
day, to which agents are now deyotlng
most of their time.
One trouble the agents are ex-
periencing, however, Is with tenants
who notify the dealers that they w.ill
move and then change their minds and
decide to remain where taey are. too
late often, As the houses have been
let to other parties. often they allow
rent card TO be displayed on the
houses they are occupying and then
60 out in the hope or getting some
thing better. They fail TO lind any
better houses for the same money
and then inform the agenr that they
Will stay where they are. When the
agent informs them that the house
has been leased to somebody else there
is usually great disappointment. and
trouble is experienced IN renting an
other home for the following year.
Suburban Lots Selling.
j. Thompson Brown 6: Company last
week sold two houses on Bolling
Street. near the Chesapeake and Ohio
Railway tracks, at satisfactory prices,
and yesterday closed the sale Of
twenty three-acre tract at Dumbarton
for $4,000. This tract is in front Of
the beautiful home of Mrs, l5rl.uctt
Shepherd, and 1t is learned that the
purchaser will build home on it. The
firm reports much activity in this
section. and at Green Station, the next
station, q mile above. w. T. Adams.
who recently purchased a lot here, has
hegun improvements, and O. A. Jones
has begun to build his home II the
same neighborhood. There is quite
large settlement here now. DR.. Booker
has taken possession OF his new home:
DR.. c. A. Bryce has purchased lot
near Green and has begun improve
ments, and W. o. Trimmer yesterday
Brown & Company and bought two
acres for $500. Langhorne Putney, of
the Stephen Putney Shoe Company,
has made handsome improvements on
his place, which is next to that bought
by Mr.. Trimmer. and r. II. Thompson
has erected two houses here.
Auction Sale.
j. Thompson Brown & Company will
put up two houses. 1923 and 1928 North
Twenty-fourth Street. in Paramount
at auction Tuesday afternoon at s
O'Clock, and as this kind of property
liz much in demand. 1t is expected that
the. auction will be we'll attended.
But real estate agents in general said
yesterday that there will be but few
sales during the next several weeks.
as most of the buying people are out
OF town, seeking surcease from the
cares OF business and forgetting that
there Is such thing as real estate
while basking beneath Northern pines
or listening to the old. old song of
the sad sea waves
Homes Being Built.
Construction work is going on apace,
however. and the beginning of the fall
season will see many new houses fin
tshed and ready foc occupancy. Many
people. instead of paying rent. are hav-
Ing homes built. taking the money
generally used for rent to pay for
their homes on the instalment plan.
It Is said to be cheaper in the long run
to pay for homes in this way than to
rent them. Sales of suburban property,
which has seen such boom in the last
few years. still continue. and few re-
alize how many people are building
country homes. many of them prefer
ring to live in the country, near the city
and on a car line, than to spend their
days among the noise and dust and heat
of the streets. Few cities have bet
ter suburban sections Immediately
around them than has Richmond, and q
look through any of them Will con-
vince the observer of the truth Of this
abatement,