The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-03-23
REAL ESTATE AND
BUILDING NEWS.
Week of Decided Ac-
tivity Among Real
Estate Men.
MAIN STREET DIRT
IN THE LIMELIGHT.
Talk of Another Skyscraper
Makes Folks Sit Up and Take
Notice-Activity From Far
Fulton to the Extreme
West End-Sub-
urban Notes.

The activity in real estate for the
past week has been very noticeable
There were sales aud resalos all
around the circle, aud the aggregate of
the transactions foot up som ethins
close to a million and a half dollars
at least. 40 SAYS ono Of tho best in
formed real estate pluusers; a plunger
who always deals in facts
The biggest deal of the week has
already been reported in Tho Times
Dispatch. 1t involved the salo of the
splendid property at Eleventh and
Main Streets, and something like
100000 had to change hands before
the papers we're passed upon. The in
ltcrcsting feature of this deal il wound
NJ in the announcement that the sale
OF this property means the erection of
another Main Street skyscraper build
ing.
| ono report has it that it will lie ten
stories. another that il will he twelve
! stories. and still another that it may DO
| twenty stories. Never mind how many
stories there may be- tho fact remains
that the property has been sold at
! price that comes very near to making
Il record breaker for Main Street dirt
and reminds one that business property
I'm the East Main Street quarter is in
crcasinG and charging in value oyery
day.
| Selling in the Old Time.
| am told that this aud some otheYf
sales. about Which no particulars can
he obtained. have caused not a little
OF inquiry about some of the nearby
/ property. Two or three deals, other
I than the above. were made last week.
and it is certain that ut least twelve
more arc on the string subject to con-
4 Summation this weI Anyhow. tho
I people who have this property in hand
arc wonderfully sanguinc. and are
holding some mighty stifr upper lips
when 1t comes to :; discussion OF real
estate values. iu the other hand, tbs
would-hc buyers who are supposed to
be from the back woods, can't very
we'll understand these so -called in
| flated values. and they are perfectly
willing to wait and see. Those who
! wait arc not city folks but country
men and country women, who have to
be shown some things sometimes be-
| fore they are really willing to be-
| lievc.
However. the ,lodbting Thomases have
/ been abundantly rcassured as to Rich
/ mond values The sales of the mast
week covered wide territory extending
! from Fulton, in the far cast, to tho
! Boulevard. in the far west. and from
tinter Park. in the north, to Forest
\ HILL in the extreme south end of the
/ Southsidc.
/ Sunshine and Business.
The good weathe: conditions had a
great deal TO do with the improved
business in real csta-c circles, Wealth
| CT has "a great effect on the real cs-
| tate business in these parts. Tho
| bright suns OF the past several days
ou' not Il few dollars in the pockets of
! the agents WHO tcpif OH fees and tho
! like OF that for daily bread
The big Main Street sale already
water mark event OF the week, but
! there were some other things doing
/ all along the line. There were several
large transactions in West Broad
street property, and / am told that
not less than twenty deals were made
west of the Boulevard on Broad street
! From all that can be gathered from
! the agents. a majority OF Whom arc
/ rather afraid to talk out in meeting.
it is figured out that the past week
was something Of record breaker
in many ways.
rho other Side.
( | talked with Il real estate man yes
/ terday who wanted to take issue with
| the ultra conservative fellows from
/ whom / quoted right largely in this
| column n week ago He said my ultra
I conservative friends were right enouAh
along certain liaes. but he thought
| they made a great mistake when they
| told tales out OF school. tales that
might have the effect OF depreciatinSs
| the real estate market. This real
I estate man WIS., open TO argument and
| discussion and scripture. and all tho
Ike o" ;hat and after hearing a few
| words OF uloqucncc from the other
point of view he said: Well! guess
a dose OF caiomcl is good thing now
and then and helps the system out
nightly. / admit the dose was ad-
ministcrcd all right. hut do not think
IL camc at the proper time. You know
/ Woodrow Wilson and whole crowd
/ of other fellows arc experimenting just
now. and melody can just guess cor
rccty as 10 now their experiments
arc going Il pan out. Pending this
lliud Uf thing and these national ex-
PEI ;incnts that we are all more or less
| ,aterVted il. and more or less uncer-
4 tain about, [ think YOU and Your ultra
conservative friends ought TO havs
held off Your doses OF calomei Tho
gripping may be little too vigorous
! AZ 4 trying time don't YOU know"
Well guess so Anyhow both
sides have mad u hearing in the rcat
estate column. AMI that is largely whas
/ the column is here for.