Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1919-12-28
GOOD YEAR IN REAL ESTATE
NO DULL SEASONS IN 1919;
IT WAS A RECORD BREAKER
"hh! Sntes 0f Valuable business
PropcrtI-Morc Residences
Changed Hands


For reconstruction year" sn IN
speak. 1919 will pass into history ms
one OF the best ever" so far rs tho
real estate business OF Richmond, taken
as whole. is concerned. The pretty
nhcn unanimous verdict of the agents
is ina, moro high-Srade property. both
residential and commercial, changed
mahus turing this year than in any
preceding one Year period. IN fact
thc RECORDS IN the offices OF the clerk
VINO put the deeds on the BOOKS prove
thiS concIusireiy and THIS DOES not
take INTO account the many TRANSACT
tlohS III botn classes of property that
nave been closed ny contract put deeds
10 pcrprtuauy witness the sam. have
not yet passed. being hcid M ncnuin.y
examinations Of tlt.cs and the carry.
inS out OF the many details necessary
n such TRANSACTIONS
but One WeRk SPOT Noted
Wine so mucn mas been, done in
nigh trade PROPERTY. there has been
no neglect during the year now com
ING 10 ITS close Of medium sized aud
inc s'naItcr TRANSACTIONS. f.sprciaiiy
IN INC Last lew weeks ana months Of the
"Tlng N"ar has Business in TINS class
whole tnc records viii propahiy show
as many transactions in the lower.
priced homes and business prone II Ice
- III thc other Kind, although. or
course, the values do not aggregate
near so much. and the agents com
missions do not foot up so ii,ndsomcIv
.ihc one weak SPOT has been n
the vacant lot trade, Not that this
branch OF the business has been en-
treiy IN the NoCcativc, hut. because Of
the nigh cost 90 building material and
OF that OF labor, hundreds Of people
VINO otherW!Se would have bought va
cant lots ub"n wnich 10 huiiu Their
honics have SIMPLY postponed this Inn
rortant duty. and. incidentally. this
, mIn" IS, a n nsnr tninrs rush in tne va
ing material shall in tho mcautin,
set back To normal.
No Ho0m r:norts Were Needed
At no time during the past yeor
has there been real dun season Of
as much as two weeks duration in
year one agent was idle for the lack
OF business, his ne.ghbor was as busy
as u bee. or. as a Main street agent
pnt II. 1T was Il cold day in good old
l;lchinond IN the good year 1919, when
thcrc was nothing doing In real estate
and as we all know. it was one Of the
Warinesl Years We lave had since the
weather bureau has been In th,
BUSINESS oil managing things down this
II is worthy TO he recorded too TIM,
the ycar witnessed no boom efforts,
nnt e ,h IN sun,ir~an lots and homes,
needed to make sales.
In the suburbs the real estate bust
nand for property and the growth of
the csty-thc general prosperity which
H Wns :; feature I, Of The year. in every
,hc suburban additions hav" been
ono "Npcrt In this line has recently
ventnrcd tho prediction that 1920 Viii
see $omething of an abnormal demand
Tor the development Of new addition
IN order to meet the demands OF a
constantly increasing population ana
the c"nscHucnt expanding home re-
uuircuents. The North Side and The
West End Will doubtless see some re-
markab!c dcrelopmcnts In this line in
the near future, but the good work
VIII not be confined la thos. section
inc south side and the far out suburbs
are already attracting tn. attention
OF nome makers and home srckcrs
hnCk Ia the SOIL the Cry
Ne agents who make Il Specially OF
farm lands report a fine Years bust
ness, ana they are just as optom site
as 70 the coming year az are the city
,.eaiers For several reasons farm
lands all over Nirginiu. and especially
IN easy reaching distance of Rich
n .ch prices that farm products OF all
kinds are bringing on the markets Of
the, country every day cause people TO
look back to the farm with longing
eyes 1T /. lso Il fact that the agents
nave noted that many OF the soldier
boys. VINO saw service across the
waters. and got n real taste vi outdoor
life. are not disposed 20 live on Office
air N the cities ana towns and many
OF them are investing or purpose in
Vesting in farms ana spending tho
remainder OF their days as filters OF
tho soil.
Tn" general outlook for 1920 is as
fright as any real estate agent In the
land could wish.