The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1911-06-04
The Summer Dullness.
Not So Dull as Some
Folks May think.
RENTAL BUSINESS
LOOMING UP NOW
Month of May Something Of a.
Record Breaker-June Bust 1
ness Following Close Behind.
Suburbs Having Their Day
and Time Building Boom
Knows No Cessation. Il.

There is much diversity Of opinion b
among the real estate agents. SONG
of them tell about big business,
while others talk about aullness spe-
cially. and dullness generally, Prob
ably 1t is question of construction Il
Of the English language as It applies
TO the real estate business. An agent
who Is In. the habit of making very u
big deals thinks times are awfully dull
If he fails to pull off a 100000 deal, =
or at least q $4,000 or $4,000 deal
while the smaller fellow who does a
$4,000 business for a week thinks 4
business has been mighty good. u,
The little fellows were considerabl
In the limelight the past week, and
they pulled off u number of little
deals scattered all over the city and
away out In the suburbs that counted y
up In the aggregate right we'll.
Az 1t Foots UP. ts
Something like half million dol s;
lars of business was done in one way
and another. Some of the business Il
was in the nature of swapping and N
trading. but it was business ali the 1,
same, and the commissions were coli 4
lected all right? t{.
There were no really large trans
actions that have been made public as
yet There is a ruinor in the air that
big deal is about to be made at
Eleventh and Main Streets, but the i
agents who are in a position to know
and the fellows who hold certain all 4
legged options are as mum as the pro- :!
verbal oyster and thereiis no telling
what is going on at Eleventh a nd Main, q
but everybody knows thatithe property y
there is for sale. and so is all othery
good property In the city If the figures
Of the would-be buyers are large
enough. I Az
An Agents View. 4
Main Street real estate agent who
was interviewed summed the situation
up pretty we'll. guess, when he said
to me: b 3 ;gr3 ii1Sf
While the last few days of May
were absolutely dull, no kick should be
coming from any Of the real estate
dealers OH account of slight let up Z
In sales, as the good old month OF
May goes down in history as record
breaker in many things never hereto
fore noted. 1t had the largest number
OF deeds ever admitted to record in
the courts. amounting in both city and
county courts to over 500 different In
struments which alone IS fair index
TO the activity in real estate. and
shows that much dealing is done which
does not crop out on the surfa ces or Il is (
even mentioned by the newspaper
scribes 3iis r. d, S.-.
'eSoho, over Souo,oOO in permits s.
for new buildings alone were issued byt
the Building Inspector, which does
not include the enormous quantity of
work now In progress. In, fact Ia
New YORK man In going around with
a Main Street agent, was so impressed
with the fact that he remarked that
II looked as II the whole town is be-
saw old houses coming down 1 and
new ones going up all over town.
There Is scarcely a street In Richmond
put what there Is a pile of rubbish or
building material blocking the high
way, attesting IN no uncertain terms
tnat In building operations there never
was as much doing as at present. :" } q
Outside OF real estate it was the
dryest May. the coolest May, the hot
test May. and the least rainfall ever
observed by the Oldest inhabitant SO
that In real estate, temperature and
rainfall 1t goes down into history as
a great record breaking month";
Suburban DoinEs, II.
There are but few particulars to tell
about. The renting season Is near at
hand and the gents are just now Civ
ms LOT OF attention to that end Of
the business ss3G
In the meantime the suburban do .
ings are somewhat worth noticing. N
This is the season when the suburbs
are at their best, and the agents who
handle this class of property are hav-
Ing vigorous time, Norwood, lust
beyond Barton Heights to the north OF
the city isllooming Zip in great shape:
and II is said that sales of homes are
being made there every day in the
year. Four houses and seven lots were
sold In Norwood last week
Out at Westham there has been good
business. and the new syndicate which
controls that property Is offering spe-
cial inducements, and these special in
ducements are attracting buyers OF
home places. Twelve lots were sold
there last week. Business has been
pretty good in Ginter Park. the old
liable. and the agents report severL
good sales OF lots to prospective homo
builders.
Suburbs in the Lin,cIight.
Colonial Place is this week celebrate
ing its first anniversary. 1t was June
8 Of last year that this suburb was
opened up Within the past year the
agents have sold 500 lots out there,
a majority OF them going to home
makers and the others to spectators
who knew a good thing when they,
saw Il on the blue maj i The pro-
jectors of this property have made
great improvements and they are keep
Ing up the good work. li s$3 sa35 VA
The Woodland Heights people report
the sales OF twenty seven building lots
during the past month. l y i7.
Tie West End Home Building As-ri
ISOLATION are developing tho fine Bou-
levard property, and Mr.. Cover theH!
agent in charge. tells me that there siaaa
a strong and growing demand for lots
on the Boulevard and adjoining ssrests.s
This company. has recently sold lots n
to Mrs! Streat, VI. L. Hofheimcr, p. W.
Howles. .Jr.. Fl. r. Bowles and N. & ai.ss$s:
Smith, Jr Mr.. Smith now, owns tho x
entire block bounded b. the R0ulas35
ward, beverly Mulberry and Chafffn