The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1911-07-16
SUBURBS ACTIVE:
RENTS AND SALES
Investors Watching the Boards
Renters Looking for Chances.
Home Builders Are Active.
Real Estate Men Have Cut
Out Summer Vacation.
Notes and Comments.


II. and there have been thunderstorms.
not Few OF them. and as a general prop
7siuon they usually act as a solar
plexus knockout to most enterprises.
things OF all kinds. ranging from big
real estate transactions down to SUN
day school picnics and such like. But
sometimes there are vigorous real
estate agents who defy the thunder
storms, tho picnics and all other un.
toward conditions. The thunderstorms
and lot of other things came last
week. and the conditions may have
knocked out many OF tho picnics. but
they did not scare the real estate
agents TO hurt. They are people who
are hard to frighten. The fact Is that
real estate agents are now doing busi-
ness all the year round. Tho time was
when they were not expected 20 be on
hand longer than eight months in the
year. but times have changed, and the
real estate fellows have changed with
the times. The fellows who are off
on a supposed holiday are losing the
deal and losing II muchiy.
Holiness, but Much Business.
There Is surely at hand tho sum-
rner soistice, the time when real estate
agents and all other kinds of business
men are trying to find holiday sea-
son. but all the same business in the
real estate territory goes right alons
as II nothing had happened in the
to in
specials. and all that kind Of thing.
1t is true. however. that most OF
the real estate deals for the week Just
closed were on the small order. but
there were SO many of them that the
aggregate foots up right we'll. posi-
bly, beyond the s25o,ooo mark
some big Business.
have heard of some right big swap
ping transactions that took place the
past week. These swapping deals Of
ten cut a right considerable figure.
even when the swapping is all right
here in town. And then sometimes
country property is traded for city prop
srty, and so II goes. I have Just heard
Of splendid deal. splendid for the
Young real estate agent who engineered
H. by which Washington property was
BRAIDED for Richmond property. Vaughan
4 Co, engineered the deal. and pre-
sumably collected commissions each
way. BY this trade Belvidere Hall be-
comes the property OF Joseph G Klop-
pen. formerly of Washington. and a big
apartment house in Washington be-
comes the property of NJ. L. Hofheimer
Of this city. It is learned that the
price agreed upon for the Belvidere
Hall property was s65,0oo. and that is
all that local interest is interested In
but Hofheimer had to pay $4,000 for
the Washington property.
One of the big transactions Of the
mast week was pulled off in a kind OF
double capacity by ]. Thompson Brown
e. Co. and Green & Redo. They sold
some very good property industrial
property, and something like $4,000
was the consideration. but neither
color would open their jaws when ap-
preached for particulars However,
learn from the outside that the deeds
have not yet been signed. but when
they ere signed If ever they are a
new industrial establishment will BIO
announced for Greater Richmond.
All Over the City.
One OF the best informed real estats
men in the city tells me that the deal
ings for the past two weeks. or, as for
that matter. for the past two months
have been especially noticeable from
the fact that they have been so gem
eral. Said he: The sales that hav.
been made have been all the way from
Fulton to the extreme West End and
away out to Ginter Park That means
that oil kinds OF property in Richmond
Is in active demand.
Another leading firm reports quite
an active week in rents, they having
an unusual demand for houses for fall
possession Elan &c Funston tell me
they have sold 30x156 feet on Monu-
ment Avenue, just west of Lombardy
Street. for $1,000. and the purchaser
will at once erect most attractive
home upon it. Mr.. Funsten also says
his firm has sold 3il feet on Dance
Street. between Meadow and Rowland
Streets. for S3,i10. This property was
purchased as an investment.
dozen, maybe two dozen, other
agents have told me of fairly good
business considering the unfavorable
weather conditions and the holiday
season. as 1t Is, but they are a little
shy when asked for particulars and for
The actual figures.
The suburbanites have no complaints
to make. They are not especially bragg
ging about big things done last week,
but they claim to he holding their own.