The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-11-16
REAL ESTATE AND
BUILDING NEWS
Everything in More or
Less Of Waiting State.
Some Sales.
SPECTATORS IN
STATE OF SUSPENSE
Bargain Hunters Getting Tired
Waiting-Owners Are Holding
Firm-Home Seekers Buy
ing a Few-Suburbanites in
Evidence-Still Claim
Money Is Easier.

As TO the real estate situation, the
agents are very much divided In senu-
inent. One l undertook to interview
yesterday morning. and very early 1t
was too, WAS arra?cd in hunting
clothes, and said IN effect that he WAS
so much disgustcd with the real es-
tato business that he was going Off
duck hunting. lie was then hustling
for the early train for White House
down on the Pemunkey River. and Just
before his train pulled out, he offered
TO wager me dollars TO doughnuts that
he would make more profitable com
missions shooting ducks down on the
Pamunkey than his numerous partners
would make At the same tirnc selling
or bargaining for real estate. ! took
the wager.
As II All Goes.
The other members OF the concern
Informed me iha' they had sold three
small residences, and succeeded ia
renting out 5wo more. and the senior
member Of the company suggested that
mayb1 the business his concern had
done was pretty good index of all
that was done In the city. That sim
ply means that business is not brisk,
although there Is something doing.
There are many people who are Iili
looking for bargains. and Just many
who are holding off and waiting for
money TO get easier. and some other
things TO change up so as to let them
sell IT the high prices that prevailed
in the ca-ly part % the year. Both
sides are rather independent, and
neither seems TO be spelling to close
a deal. Tho bargain hunter thinks no
las the real estate holder on the hip.
and the other fellow knows he hasn't.
for he can hold his property just as
long as he vents to- even II ne owes
something on II. for real estate security
IN ia2hmord IS always good for re-
rcwal OF paper IN bank. Therefore In
certain circles business is dull
Home Seekers I'm Evidence.
on Tho other hand: There Is much
inquiry among home seekers. and some
~ the agents have made good sales
during the past week OF homes al
ready arranged and some grounds
upon which the buyers propose to erect
homes OF tho more or less modest kind.
This condition OF affairs put the deal
crs In suburban properties right in the
swim. and ! have henrd OF quite a num-
hcr OF sales OF this class of property.
and II IS a right good sign OF the
times
Still further investigation shows that
there is not a little inquiry on the part
of investors. or spectators, IL tho word
FITS better. These investors or specu-
lators have gotten rather tired OF the
long drawn-ou dizziness. and they arc
getting anxious TO see something doing.
They know very well that there can't
be very much risk III investing In good
Richmond dirt. and now that IL is ad-
United on all sides that money liz get
ting easier and the banks are not so
ALTERED particular as they were n few
months ago. these fellows are moving
around.
The Cause of 1t.
talked with one of the clan yester-
day and he said: Il think the clouds
are passing by. ! have never lost faith
in Richmond dirt. and am ready. will
ing and anxious TO pick up some of it,
and know just whore 1 am going to
get the money for the job" This man
is som ethirg OF a plunger. and when no
says he knows just where the cash for
his plunging is coming from I am in
clined TO think that things are indeed
getting n little more favorable for big
ger business in the real estate realm.
The sales OF the past week. which
probably ran up beyond the 100000
mark, were confined almost entirely 10
small residential properties. and the
most OF them in the suburban districts.
hear Of numerous large deals per-
tanning to business and manufacturing
properties down in the very heart OF
the city that are being hung on the
string or are already there, but so far
any of the agents could be induced
TO say anything, none OF these have
grown ripe just yet Possibly they
will reach the dropping state within
tho next week or month or year.
Interest Is Increased.
The prospect of soon becoming part
OF the city OF Richmond has added
new interest to the suburban property
of North Richmond Terrace.
The officials Of tho Realty and FL
nance Corporation report many sales
during the past week. and still more
about to be closed. showing that this
subdivision will be one OF the most
attractive around the city.
1t is stated that contracts have been
and hundreds of shade trees, these to
be set out as quickly as possible.
Even casual inspection of the prop
crty at this time shows the rapidly
with which it is assuming. the same
which it is the logical extension.
North Richmond Terrace offers to the
home builder who wishes to escape
from the crowded city. blocks all the
free open Landscape of country. with
comforts of the city home.
No city man could ask more than
granolithic sidewalks. sewerage. water.
electric lights, telephones. splendid
street car service. and many other
suburb.
North Richmond Terrace solves ono
OF the most serious problems for the
city man in that it offers at modest
TO play In, clean. fresh air, and n cozy
home with congenial neiGhbors.
Fishing Season Closes.
tSpeciai TO The rimeg- Dispntch.l
Heathsville. Va. November l5.--This cold
snap has caused the fishing season to close