Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-08-13

! Eeal Estate Exchange. "and in saw
| ing active ] mean that business Is
! good for the dull summer season. Az
| ter the vacation period is over I he
lieve that real estate will be very ac-
tive. for money is reported to be picn-
| tiful and can be secured on easy terms.
! This. Of course. IS the most important
I factor in the market.
: PURCHASE by RESERVE HANK
STIMULATES VALUES
/ Conditions. as sec them, indicate a
good business season coming, and l
I think that the sales have held up
remarkably we'll during the warm sea-
| son. There has been a number com
! mercial sales during the past few
weeks. and I consider this a most en-
couraEing feature. West End property
! Is active and the sale Of the property
| al Ninth and Franklin Streets 20 the
home has apparently stimulated down
/ town property"
Pollard * Baeoy said:
business generally has impr owed.
and conditions are better. and the mar.
ke; has apparently reached The low
level and started on the upward trend
Apartment houses have hur; The rental
OF other houses. hu, there IS not an
unusually large number OF vacant
homes in the city. Suburban develop
rnent continues good. There is a Sood
demand for home properties located 3
short distance from, the city. The reo-
pie are wanting 20 set away from the
shickly settled sections. and with i'm
proved street car service. automobiles
and railroad facilities. there IS gen.
cral movement 70 the country. There
IS good demand FOR homes with
seven. ten or tweive-ac-e tract OF land
near the city.
for suburban property" said ". Stew
arr White. % White & CO. ON the
Nor;hs!,ie there is not vacant nous.
for rent. despite ;he fact that Sep
tenlper is approaching. The work.
men =; the plant 81 the American I1o-
near their work a. possible, have 1us6e
a large demand :o- houses N this sec
tion.
LITTLE PROSPECT OF
VACANT STORES
Some months ago the statement was
made that there would be number
o' vacant stores on Broad and other
streets when State-wiie prohibition
became effective on November !, but
'!ne' 10: there are any number OF
<actlire-s agents opening their
branches IN Richmond. and many va
Can't properties are being rented This
IS especially true q automobile con-
Germs.
In the neish5orhood =. eighty
houses have been erected recently in
No-;h Richmond Terrace and Roland
Park. aad practically every house IN
these sections has been sold The
business IS, in the main, 70 homeseek-
srs in these sections and the demand
fog th's class Q: property is good. There
are between fifteen and twenty-five |
houses now under construction. which !
will BE- completed n the next few
y eeks. There are about ten houses 7 /
know OF that have already been con. !
t.acted for for erection this fall. The |
prospects for fall business seem TO |
re very good. and money Is plentiful |
and can be secured on easy terms for |
good investments"
Building operations at this time |
average q little more than they did al |
this season last year Suburban de-
TelopUent IS very active, and IS more |
SO than II has ever been in the past, !
with Indications OF continued growth |
this fall are exceedingly bright. con-
s!dering the fact that Il Is presi- |
dental election year."-Harrison &
Bates.
business is good; in fact, the best
that have known since entered the /
real estate field. We have very few /
vacant houses, and these are being
rapidly filled The sale business. how
ever. is the best, and there liz good
demand for practically all classes Of
property. The development on the
Northstde has beer great recently. and /
there are number OF new homes /
planned for this section. Property in 4
several of the new subdivisions has /
been selling rapidly. Indications are
that business will be good this fall" |
+ F.. Schmidt. Of z. F. Schmidt &. Co. I