The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-06-28
NEWS OF REAL ESTATE
AND BUILDING NOTES
Weather Was Hot, but Agents Have
Been Busy. and Work In Aggre-
gate Makes Good Showing.
MANY DEALS MAKE BIG FOOTING
Busy Land Brokers Now Are Discuss
ing Effects on Trade of Annexa-
ton, and They Expect Some Mighty
Interesting Developments.

tloh, anu ihey EXPECT Some Mighty
Interesting Developments.
well. now. just don't try to talk to
me in hot weather like this. tell
you 1t is too warm to do real estate
business. and for the last week l have
not been trying to do any. and l
reckon all OF the agents are in the
same melting condition." Such was
the answer that butted up against
the first Interrogation mark the man
of news threw under tho nose of the
first real estate agent he met his
rounds Yesterday morning. This
agent described the situation pretty
we'll. but there are exceptions to all
rules, and il is the exceptions I pro-
pose to talk about II is true that
the weather WAS very hot all of the
week. and it is also true that the same
holiness kept the agents within doors
and under tho electric fans but then
there is sometimes much business done
within doors and under the fans. As
matter OF fact. the territory under
an electric tan is Il right good place
in which TO do business sometimes.
Under such fans and within the doors
some right smart business was really
ANNEXATION AND sTS
EFFECT ON GREATER RICHMOND
The agents are right apt sometimes
10 see handwrtings on the wall, and
not few of them saw on the wall the
decision of Judge Campbell in the an
neNation proceedings, even before said
decision WAS announced about mon
yesterday. Dealing somewhat in what
they thought. and were tolcrably sure
was ColnG 20 come to pass. the deal y
ers in ana handlers of suburban prop
critics got busy i'll advance, and un'ler
their persuasive elouuencc numerous
investors were brought to terms, and
III the last two days OF the week q
good deal OF suburban property
changed hands in anticipation of the
courts decision on the annexation
question. This condition made bust
ness in Barton Heights, Ginter Park,
Highland Park. Norwood. Forbes Adj
dition, Forest Hill. Wcsthampton and
other suburbs that are nov. under
the courts decision, part OF Greater
Richmond. right lively. ! should not
wonder If 100000 worth of such
property WAS dealt in.
The thing is not going TO stop
there. and for the next two or three
weeks things are going to I've mighty
lively i'll these former suburbs. now
practically very prominent parts OF
Greater Richmond.
GOOD SIZED TRADI:
THAT BRoItE THE MONoTONY
In the meantime. under tho electric
fans and on the cooler sides of some
of the offices of the real estate agents
there was going ON during certain
parts of the week good deal of sell
ing in small ways and some trading
Richcson " CrutChficld pulled OFF "A
right big trade. The property. 700
West Broad Street WAS owned by T.
r. Hatcher. and he valued il ut $4,000
and for reasons best known to him
self preferred to own that much good
rentable property lower downtown.
Leon NJ. Nelson owned in fee simple
and South Twelfth Street valued
by him AT $500, and, for reasons
well known to himself, preferred to
own as much or more property in the
western part OF the city. SO Il hap
pens that. under these conditions
Richeson ~ trutchtield did not have Il
great amount OF trouble in bringing
these two brethren together under the
electric rams on - good trade. the re-
suit OF which is Mr.. Hatcher now owns
the Twelfth Street property with con-
siderable boot in his pocket, and Mr..
Nelson owns the West Broad Street
property, and both are we'll satisfied,
and so are lticheson " Crutchheld, as
for that matter, for they collected the
commissions going and coming. This
WAS the only deal OF large proper
tons that could he rum up with. but
the man of news heard Of all kinds Of
small deals in residential properties in
all parts OF the city.
THINGS THAT MY
HI: ON AHEAD OF US
Inquiries and prospects" said =
memher OF The firm OF Amos " Co.
have seldom l,.cu so numerous in hot
weather as during this good week
That Is true Of us. and believe of
.nost Of The agencies. These have re-
suited Tor MS in sales amounting to
$4,000 and over S20.000 hung on the
string for foreclosure next week or
some Other week" II was explained
that pretty much al of this business
wa IN the suburban regions, covered
by the annexation scheme.
Taken as a whole. there can he no
special complaint OF the business of
ct " IN is. h,.tf
just as good as that already accom-
plished is the bright prospect of bigger
things III the near future
Eut going lack 10 the question OF
suburban development. the promoters
Of North Richmond Terrace report
that they have had one OF the best
seaaona III their history and have sold
over half of their property. They con
template at once opening up and grad
ing The other half of the proDertv
y. j. Heattie rs building eight hand
some stucco up-to-date houses inmc-
diatclN south of this property. These
houses viii make this property "A
higher class development than Nor.
wood. of which IL is an extension The
tn1incers OF The town OF North Rich
nond have about finished their survey
Tor The water pipes, and the laying
of the mains will be started about the
first of next month. The grading
Of stuart Road Will also be commenced
al once, giving TO the citizens of this
suburb . well graded short route 10
the West End
By the WAY Richmond is BECOMING
famous for its apartment houses For
instance. Monroe Terrace. situated in
q most fashionable residential section.
rs what experts have declared to be
INC most up-to- date and best equipped
apartment house in the South
Tic Monroe Terrace building is con-
strrclcd Of concrete brick and steel
ana from basement to roof II is as near
~ hreproof rs II - possible TO CON
struc: building" There are some
th'hg over fity apartments. represent.
'hG me last word III modern archi-
lecture, anG constructed along, liu.e