Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1919-07-13
NO MIDSUMMER LULL IN
REAL ESTATE BUSINESS
marked Increase in Dcmand for Va.
can't Lots on Part Of People
Proposing to Build Homes.
BOOM THAT MUST COME SOON
Agents Unable TO Meet Demand for
: Ready.Built Residences = More
Co1ored People Becoming Home
f. OWners-Lot Selling Last Week.

The real estate agents who sea-
tered to the fopr winds 10 spend til,
double holiday Fourth OF july season
did not ali set back TO business unit!
Tuesday or Wednesday, of last week
but in spite Of this there was no let
ting up in the activity in realty cir
cles thai has prevailed for inc 'as'
. sixty days and there was certainly no
evidence of that much taxed about
: .mid-summer dizziness.
All the agents we're busy UP 10 and
after the Saturday carly closing hour
: fHQuiEy or 'hA part % BUYERS and
Eould BE buyers These in"uir,isis
speculstor, Inc permanent investor.
. tAe. man il search OF business 10.
Cation ihe vacsn; lot buyer and small
Of the ready made residence
J The asst named * very much in evil
, deuce an6 his ranks seem to grow
fnd!ns via, y; wants growers SLIM
, msr every day Al OF The saeuts r".
port ,hc:r sailing lists ereaily reduced
and some q them entirely exhausted
and none seem shlc 10 suHply the dc d,
msnd Tor residences ready Tor imme-
date occupancy.
times mean that thor. IS bound 10 %,
soo'n in RicSmond and one tina, Nh
. perhaps ALREADY started. More vacant
SITS were sold last week 10 people
~ho Announced that they propose 10
this year perhaps
While tbs. above refers mainly 10
, the situation among tho White rcpula
, ton OF Richmond j, IS equally apple
able to the colored citizens. Notwith-
standing the opening OF the large tc--
ritory about CLAY and Leigh and other
streets there remains equally AS crea;
demand for homes Gin proportion TO
|. population Oh the part OF the colorrd
: peope as the whites. and something
. Of a new aspec, Of ta;s situation is
the very large number Of colored peo-
PIE who are able 4" and want 10 buy
homes for themselves and quit renting.
Scarcity That l. Growing.
! !, There is really sreat scarcity OF
: likely to grow greater unless that
, building boom comes along pretty
Judge Richs Sdsom to s sppDanss" Rs
property needed for the extension "f
Ghamberiayne Avenue through old
, Jackson ward to Leigh street has been
: hundred houses had TO he visited
. and Inspected and valued. Possibly
. houses. which, when the report of
the commission is made and action
. taken TO- the extension OF the avenue.
VIII have 10 be pulled down. and some
. Of the real estate agents are wonder
! inE where the present occupants. most
: ~ ruters. are going to-
- OF tNSSe lHinEs point 10 the t2Ct
Z that Richmond needs a building boom
. very much and unless the housing
: corporations, the capitalists and in
I Sestors get bus! an; 80 to building
: houses 10 be sofa on easy terms or
: rented, the agents think Richmond is
: xoins TO suffer from 3 much more Sc.
: rious labor shortage than it has yet
:. known.
g Many sales Inst Week.
> The sales OF vacant lots were large
4 !ast week and they were widely scat.
!. tered Not less than = dozen lots on
4 the Boulevard changed hands. SeN.
Seral on Monument Avenue were also
: sold and a. least one of the trAnsaC-
~tions on tnjs thorouEhfare means tn.
= immediaie erection OF nandsome resi-
-dsnce II Ill be built hy W. T. 50 :
: den. on this nifty foo, lot between Mui-
= bt-ry Streei and the Boulevard NJ pu:-
-chaSs6 i4st week
: -Sevsra! Grace stree; lots some aj;h
- improvements thereon were sod zuc
III. wou-d ?. hard u name r thorough
lars on ,whieH sales ~ere no, MADE
last Week TIE cruc "orE ext-uGins
GftoIn Church Ill. 20 ta= IA IVES, End
Foyer N SrLil E--A-uond and a.,
rthrouSh the north s.cc 4nnsN-d and
ssubu- ban icrrito'y