The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-12-07
REAL ESTATE AND
BUILDING VIEWS
Home-Maker Is Largely
in Evidence-Many In
veStments Made.
SPECTATORS ARE
RESTING OFF A BIT
Money Tightness Has But Little
Effect on the Small Homo
Buyer-He Gets In While
the Spectator Rests
Up Little
While.

Tho activities In the real estate realm,
such there have b->n for the past
week. were confined largely to home
Investment. and in this limo there was
really considerable activity. - real es-
tate agent told me that he was quite
sure that the so-called dizziness. which
has been noticeable for some time past.
was something OF a Godscrd 10 the men
who had money 10 invest In home.
Said he: In the flush days that were
some months ago the spectators were
right the job. and they had a way
of outbdding the home buyer and
ruling him right off the market. The
little fellow had but little. IL any.
chance. Tho money tightncss cut the
Spectator and the fash Investor out.
and the good fellow who wanted
home and had little money TO pay for
Il got chance. am not sure but this
was a good thing, and in the end Will
prove better Tor the trade. Anyhow,
the sales OF the past week were almost
altogether to the home buyers. and lots
OF them have been paying the cash for
what they bought
Smni Buyer in EVIDENCE.
This agent. ana several others who
talked with the man OF news told Of
many cash transactions on the small
order. the buyers in the main being
men who had saved up n little money
to buy a home, and who were quick
enough to take advantage of the APP
parent guinness 10 I4Ch up d DO! Sdtl
here and there that WAS ready for the
cash money. Along this line quite
number OF sales were made last week.
as can be shown hy the deeds that
were recorded. ii IS probable that the
small cash sales footed uD more than
100000 and none OF them amounted
In ono transaction to as much as $1,000.
and many OF them tcn down under the
$4,000 limit. one OF the most proTni-
nent among the r"al estate agents gave
Il straight Tip That Ia his judgment
this kind OF small! business is a mighty
good sign of the times. X may be
that the dullness so much talked about
Is :, good thing, or VIII prove TO he III
the end.
The small sales Of the past week
amounted, so far as have been able 10
figure il out, 10 something over s2oo'-
600. and that seems to be doing pretty
well for small business.
One BiS Sale.
The biggest sale that was made last
week and perhaps tho largest FOR
several weeks past WAS the deal that
was made BY the real estate 1irm Of
Shea * keegan. just how long they
have been making this deal doth NOT
uppeur in the records but tho fact Is
that the deed that vent 10 record
shows that this firm sold TO the Pres
byterian Committee OF publication. OF
which r. T.. Magill il secretary, the
vacant lot on the west side of sixth
street, between Nitilll anu I! an ~ 'A'''
that the committee paid $3&,orp Tor
the same. II may be remembered thRt
the Presbyterian SOCIETY recently sofa
their holdings ut Sixth and Grace
Streets TO Miller * Rhoads. and II is
no secret that the committee made
mighty big profit on its investment al
that point, and that Ii is doing well
to rebuild on their new purchase 1t
is understood that the Publication Com
mittee will erect on the new grounds
a four-story building that VIII be up
to-date in all respects ana furnish
plenty Of room for their publications
enterprises.
Doings In the suburbs.
Other activities OF the week were
largely confined 10 suburban proper
ties. although there are q few agents
who tell of some right lively deals
that have come to pass within the city
limits. hut they decline to tell much
about the name
Ciibboney * Nuckols had right good
luck In the sale of lots in Roseneath.
They sold ten lots 'oui there. ana have
some bidders on as many more.
The Bunting Mcneil Real Estate Cor
poration tell of some good sales that
were made last week in Section G. OF
tho Colonial Place property. These
people have made the Colonial Place
very attractive. and have spent great
deal Of money in street-making ana
paving No wonder they have made
good sales.
In the suburbs to the north OF Rich
mond there was also some activity
last week, and not less than Il dozen
homes we're bought over there. The
home buyers are very active, while The
speculators are lying low.