The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-11-02
Dull Time Nearly Over,
Money Easier-Home
Makers in Evidence.
BUILDERS BUSY;
SUBURBS ACTIVE
With Money Getting Easier. and
Bankers Admit 1t, Home
Makers Are Getting Buster.
Annexation Territory Get ;
ing in Limelight-What
Builders Think.

the transactions in real estate for
the past week were confined very
largely to suburban deals. but on the
whole. both in the city and in the
suburbs, all of the sales we're made "a
home makers and home buyers. aud
among these the vast majority of the
sales, including those that were made
privately ana the few that came about
by auction were on the small order.
doubt ii there wSs 4 single sale that
amounted TO more ihan $lo.00o. but
many sales OF this kind made a pretty
big aggregate in The end
There were many transactions or
the small order, aud perhaps all OF
the agencies figured to a greater o.
less degree in these, but not one 81
them had anything to report that ran
UP above $1,000 in the aggregate.
Tho five or sis auction sales that
were pulled off were in the main sat
iSfactory 10 the sellers. ana | heard
of only two that Jailed 10 come up to
these requirements. Two lots that
were put I'M at auction We're taken in
because OF ,he paucity of bidders. The
others We're closed out for the high
dollar.
Money Getting Easier.
There vas and there is an easing
up in money matters. and the bankers
tell me that the home buyers are mud
ing little or no trouble in borrowing
such money as they want for lcgiti-
mate Investment if they have - little
cash TO start upon The said bankers
90 not hesitate, however. to assure the
man OF news that fancy Spectators
need no; apply for a while vet This
means That the spectators are still i'll
! the yOcativc and they are very much
! that way
/ All OF the agents are optimistic, and
I and much inclination ou the part OF
/ home makers and home buycrs to in
4 vest In fact. there is ;tn idea among.
I the home seekers that this * Il very
/ good time 10 invest. one Of the Oldest
/ agents i'll the business :old me yesterday
| that. SO far from being discouraged, he
/ was OF the opinion that the dizziness OF
/ the past several months was a good
/ thing for the snall investor and the
/ home buyer with little cash to start
/ with Said re: - have sold three good
/ homes the past week. and at figures
/ that we're satisfactory all around that
/ possibly could not have sold hal
| there been the boom that was on sew
! eral months ago. You Sc" the holders
1 of the property were made :, little
! crazy By the boom. and their figures
: were too high for the home seeker.
I The Gullness came along. and the hold
I crs got down out OF the skies. and got
on ground that the home maker could
/ meet him on | think the thing YOU
| have been calling dullness was u
, Sodsend that will in the end, work
/ on, 10 The bettermcnt Of Richmond
/ realty"
! M Of The agents tell me that money
/ matters are easing up. and the half a
! dozen or more bankers talked with
agree with them. The agents say that
they have more money to lend than
4 they had several ro..lt
I OF it is coming from tho banks. Tho
/ most Of it, however. is coming from
/ the Stockings"
Enough for rrnciica, Purposes
| Here is what ono OF the agents saidf
! fell 1T To the home makers and tell
/ II in big black letters; if they want
/ money 10 buy at the right Kind OF
/ figures. or il they want to build they
I viii get money all right. Not as much,
| perhaps as they may think they ought
| 10 have. but enough FOR ali practical
/ purposes There seems TO be "A plenty
! OF money seeking the right Kind of in,
I vestment. and who knows a better way.
I To invest money than In Richmond
/ realty.
/ The suburban properties arc in ver,.
active demand To what extent the
/ talk about annexation is having effect
/ u is not for this column to say, but
( the fact remains that there is some ac-
/ uvi,y in the lands and tho lots that
I are incorporated in the proposed an
/ ncNation territory
south Of the James
I The past week showed some activit1,
! III south Richmond | have heard OF
| some Sood sale, on the small order. IL
/ Is true. but good sales all the same. on
| Hull street and some other streets
ahutting. one OF the sales in South
Z kichnond was said TO have been ,nads
/ TO an Industrial corporations and max
mean the early building of Il factory
/ that will employ a goodly number Of
! people. The amount involved in This
| deal vas not Very large, but it was
I enough TO attract some attention as an
/ industrial suggestions
! There has hceli somethin.r moro than
/ the dull-tine interest in building ope
| rations. especially in the West End.
The reports already made in the local
! columns show that numbers OF permits
/ for new buildings have been issued.
and in sections that have for some time
| been holding %.
/ Davis Brothers the West End btiId
/ cis. broke ground last week tor soy
! erai houses HAT wilt cost somewhere
near 10 $4,000 But that is o44iy a
/ drop in the bucket 20 what these on
! thusiastic Richmond boosters are In the
! habit OF doing
! Sizing UP Your Congressman.
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