The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-10-05
Dull Season Nearing the
End Things Are
Looking Up.
MUCH NEGOTIATION
BUT LIMITED SALES
Would-Be Buyers Beginning to
Find Out That Nobody Is
Scared-Tariff and Currency
Legislation Is Merely a
Pretext for Hold
ing OFF.

prominent Eleventh Street realty man
yesterday. Continuing. re said: "Thoso
OF us who have large rental lists are
Keeping up very well and paying OK
penscs as the days go by. but those
OF US who are entirely dependent upon
commissions on sales. actually made for
an income. arc not so prosperous as
we used to be: but none of us are
growing to any extent We know
that there is bound TO be change.
and we have all kinds of faith In
Richmond realty and MI of the realty
that surrounds Richmond. We know
that there have been no sacrifice sales,
ana there viii be none. and we are
all hopeful"
OF the hfty-odd agents interviewed
yesterday. only Il dozen had any sales
to report, but none were down in tho
mouth Most of them spoke hope
fully. rs did the one quoted above.
When it is said that there were no
sales to report II must not be inferred
that there were no sales made Prob
ably there is not an agency in the
whole city that failed to make n sale
last week. but then the Richmond
agents will not report sales unless
they are on the large order All OF
the agents made sales but none of
them were very large. and so they keep
the details to themselves
Out mt Colonial Place.
lhS SicsittSl ACTIVITY l. nave heard
of was In the suburban line The
Bunting McNeal Real Estate Company.
who took no stock in the cry that
tariff legislation and currency bills in
Congress were depressing. and put on
sale the beautiful lots OF Section of
Colonial Place. just to the west OF the
| city limits. have proven that their
Judgment WAS good. During the week
the company sold several thousand
dollars worth Of lots in this delight
full subdivision. and the active inquiry
leads General Manager Taylor to be-
lievc that they will sell many mora
| this week. even If it is state Fair
/ Week and n kind OF holiday season
The many lots sold were taken largely
i by people who propose To build SUI
burban homes, taking advantage of the
many inducements offered 1t Is
known that the city authorities have
entered into contract to furnish
water TO Westhampton, and the survey
shows that tho water main for that
purpose will he run along Patterson
Avenue, upon which Section G OF Co
ionial Place fronts. Hence the people
who build in this subdivision will have
no trouble about getting all the water
.hev want.
Then. too. the company has entered
/ into contracts It'll builders and con-
/ tractors TO put down several miles
OF granolithic sidewalks. to put out
shade trees and privet hedges etc,
that will cost lot buyers not n cent,
/ and aftog thef homcSoekcrs and home
4 builders have concluded that Section
/ G, of Colonial Place. is n good locality
in which TO buy for building purposes.
4 And yet not Il few OF the lots sold
last week were bought by investors
or spectators who think. in view of
the coming prominence Of Colonial
/ Place must needs be n good specula-
/ ton.
| From other suburban sections come
| reports Of renewed inquiry, and tho
I handlers OF this class OF property are
OF the opinion that the duh season so
much talked about is near TO IN end.
/ Indeed, this seems TO be the opinion
OF real estate men IN general. as 10 the
situation all over The city and all out
| III the suburbs.
The Good Day Coming.
/ The tariff Legislation is over and the
currency bin is practically agreed
I upon and there IS no longer any rea-
son FOR the investors and money lend
crs 10 hold OF II is believed by some
/ Of the most astute and farseeng OF
\ the agents that the settlement OF these
matters in hc national circles means
/ u general revival o. the real estate
business IN Richmond
X one OF the agents who talked to me
put IL thus: II do not see and have
ncvc. been able to see what national
! legislation has 10 DO with the real
estate business of Richmond. We all
/ know that Congress may do what
4 ever II may. hut il can't move Rich
( moud anywhere. Richmond Is right
here ana cverv inch ~ ground ,lnon
I ,y,i,b i, stonds il ,rnod ~. tha r,o,,ev
any day in the year. All Richmond
=, ~ s',,.u 80 ~ III,
tacS ~ - .i'o, i,, WIN ."rih p.i,s
IN, curremes o'i's ana "nhn.hR oiiis
cusc for getting pessimistic. The fact