The Richmond Virginian. (Richmond, Va.) 1910-1920, 1915-06-06
REALTY men LOOKING
FOR LARGER BUSINESS
HOLIDAYS and Rainy weather Caused
Volur-e to FAN Below Average
OF Lest Few Weeks.
SUMMER SLUMP rs NOT YET
with Money Easier and Greater In
dustrial Activity In City This SUM.
mer Will be One of Best In Years.
Weeks Total About 100000

Two holidays and rainy weather
cut deeply into the volume of real
estate business transacted last week
as well as into the total of tn con-
isiderations named in deeds going 70
record In the Chancery Hastings and
lcounty courts. Sales for the week
were neither large nor numerous. but
realty men who have been studying
conditions are inclined to look upon
the week as nothing more than an
off one in which weather and the
holiday spirit exerted the most power
full influence.
The total involved In sales brought
to light by recordations fallr short
OF 100000 less than half OF what
the recent weekly average has been.
The total of the sales actually put
through last week in much less ac-
cording to estimate made yesterday.
and the coming week will be another
in which the total shown in deeds
filed viii be low in comparison with
weeks lately gone by
The fact of the present low total
week and of the low total for the week
TO come is regarded as vae entirely
W the UpSSttiTl& OF business Uy the
gala. occasion which has just con-
cluded in Richmond. Sales during
the coming week will be much larger,
1t is predicted. than were last weeks
sales, but the recordation OF most of
the transactions will not be brought
about until the week following, for
it is usually a week TO ten days before
the deeds goes to record after the
Closing OF a deal.
Building activities, too, appeared to
have slump during the week just
ended and the reasons for this are
the same as for the falling off in
realty transactions
Real estate men, asked yes.er s,y
about the beginning e. tho usual
summer slump. expressed the belief
Some agents believe that With gen.
eral business conditions better and
money in freer circulation than IN
previous summer seasons that the
slump will not be SO marked as in
other years. A good summer ~
looked forward to. despite the iact
that the seashore and me mountsin
resorts Will he claiming the atteEi.ta
of portion Of Richmond's pcpula "a
within a short time.
1t Is pointed out that there ri e
many people too busy in the "fF 81
leave il for any extended per-
that these will he buying pro 90, II
livelier rate than usual sor Ia. t.
ment and other purposes
The building operations this So INNER
will be larger, too. than tnes we've
year age. as there are many pe4pt
coming into the city for whom nomes
must be provided. The larger the
number OF homes the larger the nut.
her of business buildings will need
to be.
Among the larger sales of the week
are the following: Field Wilbon 10
y. St George Bryan. lots on Ashland
Street and on Gilbert Street, near
Meadow. $4,000: Henry A. Brizzolaro
to J. A. Turner. lot on the north side
OF Hanover Avenue. west of Elm
Street, $500; Richmond College to
Mary c. Pinder. lot on the north side
of Park Avenue. near Birch Street.
300: NJ. s. Staples TO Virginia Real
ty and Construction Company. seven
ty-five feet at the northwest corner
of Kensinxton Avente and West
Street, $1,000.