The Richmond Virginian. (Richmond, Va.) 1910-1920, 1915-04-25
REALTY MEN PLEASED
WITH FUTURE OUTLOOK
Apparent slump During last Week,
But Total of Sales Going to- Record
Is Close to Sf50,00O.
MUCH BUILDING AUTHORIZED
Many Applications Acted Upon BY In
spcctor for Those Who Would Pro-
vide Residence Structures--Healthy
Condition OF Realty Situation shown,

There was an apparent slump IN
real estate during the week lust
closed, but real estate men are far
from expressing dissatisfaction with
the situation and regard the outlook
for the future "a brighter than in
years, The depression which held
through the latter months of a year
ago has almost disa ppeared and bust
ness is again about normal.
While the total value of deals placed
on record In the courts during the
last week were not up to the average
OF the last ten or twelve weeks. there
We're recorded in the neigh borhood or
$3.50. 900 In transactions A numb Der of
deals negotiated last week Will appear
In the records later
There was one disappointment dur
Ing the week, this being the with
drawal from sale at auction of the
property at Tenth and Main Streets
purchased by the defunct Common
wealth Bank for $4,000 three years
ago. offered for sale Thursday the
best bid received for 1t was $50, 900.
IL was withdrawn with the statement
that better private offer had been
made. one auction sale that appear
ed satisfactory was that of the Little
Theater property on Broad Street.
which was taken by the National
Realty Corporation Of Norfolk at bid
OF S35 900.
Much Building In sight
Building activities kept up the pace
of the spring weeks, many applications
OF considera BILE size being received and
passed upon by Building Inspector
Butler a number Of structures for
residence purposes have been author
lied during the week. among them:
w j. Gilman. 10 build a two-story
brick dwelling on the Boulevard. near
Monument Avenue. AT a cost OF S.
500; Charles X. Willis, two-story
brick dwelling. Grove Avenue. near
Sycamore, $500; J. Lee Davis, two
story brick tenement. two dwellings,
Davis Avenue. near Main. $4,000;
James s, Francis, three two-story
brick tenements. six dwellings. Temple
Street near Beverly, $4,000; Peter
Gennelia, two two-story brick dwell
tnss. Stuart Avenue. nea- Ftavts Sill
600
There was little tradir- surinr the
week, nearly all deals being bona f'de
sales, many OF which were Of smaller
properties, now popular. and indica-
tive of the widespread distribution OF
money among the people generally. q
very healthy condition and one re-
f'ected also IN the volume Of n1ortga &c
deeds and release deeds appearing
There has been almost an even break
In these
Among Weeks Deals.
The city early in the week by rec
ord. showed acquisition of more prop
erty on Fulton Hi for the purpose al
, locating new public school. for
which appropriation has already been
authorized
Among the notable sales OF the week
are the following:
( Lawrence Dusk TO Tferrine Duski.
three-story brick dwelling At 10 East
Main Street. 50 0oo: s r. TYLER Il
! Lizzie y. Loving, brick dwelling 200
Park Avenue. 81 600: Charles Tiilyer
to Henry 8. Wallerstein. IS feet. a,
kensinGton and Gumour, $500.
/ Henry S, Wallerstein To Lizzie r.
, Davis. 90 feet on boulevard east OF
Sheppard street, $4,000 Old Do