The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1911-11-19
A Dull Week That Was
Also a Busy One
With Agents.
VERY REMARKABLE
BUILD ING F ACTS
The Old City of Richmond Bes
comes New-Inspector Beck's
Records Tell Cheering Story.
Contractors Have Their
Hands Full-New Ones
Find Work.

1--WE could hardly call 1t dull. for
every agent has been busy all the week;
but II we should have TO Judge OF bus
mess by the aggregate OF sales actually
ccnsummated we would have to call
this dun week
Thus spoke one of the leading real
estate agents yesterday when ques-
toned about the real estate market.
Anoth one said he never In his life
, saw the closed UP sales so out OF pro-
portion 10 the active inquiry" From
other remarks OF his and OF other
agents, it would seem that there arc
plenty OF people who seem anxious
enough TO invest In Richmond dirt and
suburban dirt and these nquircrs are
looking at all Kinds OF propertyt but
they seem TO he hard to please and
are. to use the language Of slightly
disguised agent. for the most part ia
| ''hcnming and having" state.
guess the fact is that there is so much
that looks good in and about Richmond
they do not know Just how to choose.
Responding to these inquiries and haul
ing the nquircrs around to look at
property are the things that have kept
the agents SO busy ali of the past week.
None OF them has been kept very busy
closing up deals. and yet some good
sales on the small order and consid-
cradle amount of swapping and trading
has been going on.
Trades md Rumors.
1 heard of one trade in West Broad
Street property in which 252 feet OF
vacant property on one block was
traded for about the same number OF
feet In the adjoining block, and tho
actual money passed in the transaction
| was less than $4,000. l. heard OF an
other deal in the same class OF property
| on the same street, in which the seller
| tried within the week to buy the goods
| back offering a net profit of So per
| front foot, and the buyer refused tho
! offer. There is 4 lurking suspicion that
| the buyer has some inside information
about near future Developments In that
quarter that will make his newly ac-
| qured ground much moro valuable.
Certain 1t is that tho Richmond,
| fredericksburg and Potomac Railroad
owns great deal OF vacant ground
| right along there, and the air has of
late been fun of rumors OF big things
| that company is to pull of in the way
of the development and use OF it's
| holdings thercabouts that have for
years been idle. What this buyer has
up his sleeve or what tips he has had,
nobody knows, but anyhow several
agents, as well as several holders of
| small lots in that neighborhood, have
their ears to the ground. and 1t is
no secret that they are expecting
\
"drap."
Big oTer Turned Down.
| The activity in the northwestern
section OF the city and along Monu-
| ment Avenue. near the Boulevard. and
about Grace and the Boulevard con-
tinues. 1t was mentioned last week
that Charles and Allen c. Strause had
bought an entire block in that region.
They held it only live days. having
sold il last week. for a profit, of
! course, but the name OF the purchaser
and the figures could not be obtained.
y secret leaked out last week. The
| Sheppard estate which owns that
valuable property bounded by the
| Boulevard on the east. Roseneath Road
on the west. Broad Street on the north
and monument Avenue on the south.
has been offered within the last thirty
days half million dollars for 4 little
more than half of their holdings an3
the heirs declined the offer with
thanks. However. tho agents of the
estate VIII put twentynlne of the lots
on the market this week and sell them
at auction, beginning at o'clock
| Tuesday afternoon
! In the suburbs.
There was noticeable activity in
some of the suburbs that pleased tho
| agents handling that class of proper
! ~ not little. Virginia Place keepa
IN the limelisht and it is said tha.
| quite number OF ont OF town in
NeStors became interested in this nav
F.. suburban development last week, ana
/ several OF those who came to the city
! solely 10 look into the matter. bought
nice lots. which they propose TO hold
/ as AN investment. lecIing sure that
I the profit is coming in The rear future
/ The entire sales the past week in Vir-
/ ginia PLACE amounted to about sl0,ul0.
Ia.