The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1911-01-15
The Skies Bright and
Frightening; Lots of
Business on Ahead.
MONEY EASIER;
ACTIVE INQUIRY
The Agents Smile and Look
Happy, Although Sales Are
Not Blissfully Large-Build-
ing Operations in Suburbs
Being Observation-Disclosures
Springs Sold.

The real estate skies are brighten
Ing every day, and while 1 am no
prophet or the son OF a prophet. | dare
TO predict that this is going 10 he one
of the best years the real estate agents
and the men who buy property for IN
vestment have known for a decade
so spoke an enthusiastic seller OF
dirt and renter Of houses yesterday. /
hardly know what q real estate sky Is.
Tor no Two things can DC much farther
apart tnan real estate and the sky. but
mat is what he said, and as many as a
dozen others had remarks OF the same
general character TO make as the man
wandered along their beats.
Just exactly what has placed so
many agents in such good humor ana
gotten them so optimistic jus, a, TINS
Tine did not appear on the surface, TOR
there were no very large sales during
Inc past week. and so fur...er inquiry
was made. The answer to intcrro-
Satories leave the Impression that in
en- directions. in the city proper, In
the suburbs and out in the acreage.
regions there has been ma ed INQUIRY
the past wecK and the inquiry on the
part OF home builders. investors ana
Would-he farmers is OF that earnest ana
serious Kind AS TO readily indicat. to
the practiced eye OF the average ROM
estate agent that inquircrs really mean
business and have determined 10 invest
tns FOOT year even II they are MOI,
az d hurry about closing up deals.
finnncirrs iiny n Humid.
There can be but little If any coub,
o. me fact that this Increased and dc.
c'ued!y more earnest inquiry IS duo
!arse1y II not entirely TO n notlccHLl,
iooscning up in the money market,
.mat -, ,hat part of the market that in
lines sohe by sought TO make loans on.
real estate security and thus IN en-.
courage house and home buijding
one of the Eleventh Street auen,s
SPOKE or the financial situation at,or
liis manner: NINETY days ago whon
me pankers. and others who had on,
loans on realty, shu, down ana made
no more and on top OF that looked
sour at the fellow whose paper was
laiiins due and insisted on avmcnt IN
fuli or as near to in fuli' ne Inc az
tFessed borrower could come. ihere vac
Haluralg something of n scare.
: Hdt sonrness seems now 10 he !,
""s OF the past. and the Shut dovn,
mas been decidedly lifted. Wba ;s
.hose' we are not going to. hear OF
.hcsc things any more this year Take
~ from me, my dear fellow tr.yaIo,
10 eternity, that explains tho h..tab,
smiles you have this good day On
served on the glowing faces M ,bo
men VINO buy ana sell Richmond .artb
Tor the folks who are ready with ,hc
com Sumcient 10 pay the commissions.
Further inquiry convinced me that
rmy Eleventh street friend was dad
right. and should l write n rarn or ,ha
real estate situation as 1t looks to-day.
] could not explain the brightness any
meter. certainly no more satisfactorily.
Than that. -
Mnny Small SuIes.
IL Is true that the sales aciuaIly
during the week just
closed have not been very large-Ihut
is, no very large deals have been
closed; but a great many small ones
nave gone TO record, and the aepre-
gate. II all the mall sales were shown
forth in this column. would show up
quite handsomely. The sales that were
made were in all parts OF tht city and
In the suburbs, ana the increased in
;Hu!ry alluded to above was likewise
OF a general character.
one iirm tells me OF the sale OF 500
teet OF ground In iht Battle Abbey
region. and considerable vacant prop
crty. including four lots. with houses
on them. in the western part OF the
city. from about the 1900 block on
ward towards The setting sun. for air
OF which the sun of $26, 900 was raked
In. This firm was Amos * Poindexter.
j. Thompson Brown x Co, Richeson
& Crutchfcld, Green & Redd, Golsan
..& Nash. Harrison & Bates. ELAN &
'l'unsten. w. L, Purcell. Jr.. Co. and
some others tell me of numerous small
sales that were made, and the men who
make a specially of suburban property
also report much inquiry and a few
Gales OF lots to home makers.
New Droorn sweeps Well.
L. w. Harris. who has been an on
locker of the real estate business for
quite a while, has branched out as Il
1ull-nedged agent. with license as OF
date December IL. and opened an office
Dat ITO East Main Street. Since the
date of the license Mr.. Harris has had
no complaints TO make Of his reception
in the ranks. lie tells ire of these
sales within the past month:
He sold for r. +. Green six brick
houses on West Marshall Street for
sl3. 800; for Baldicci & Marchetti, two
half , blocks on Stuart Avenue, for
S31, $50: for w. j. Crump, a brick res
Idence on West Grace street. for 81. 900;
Tor II. S. Wallcrstein. a half block In
The Battle Abbey region. for $4,000,
an apartment house on West Main for
b. T. Green, for $1,000. and some
smaller properties.
Here is a good Sign of the times
about which ! was told yesterday: ~
man VINO lives quit" Il ways iio'"
Rlchmond, and who has in hand n
Eoodly amount of fduciary mooney be-
longing to small children. and who
wanted to invest the same safely and
Srohtably, had been reading this page.
Snd came TO Richmond three weeks age
70 look for himself. Since his arrival.
hp to last week, lie had invested
S35.000 in good, rentablc property liz
Various parts OF the city, for the ben
Sht of the little children, one firm sell
ing himja store on seventeenth. street.
Two dwellings, on North First and one
- TConfinIcd on qrnoSa -DopeI