Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1919-08-03
REAL ESTATE AGENCIES
FACE HOUSING PROBLEM
Demand for Residences OF All Sizes
ana Shapes In Excess OF the
Present Supply.
EFFECT ON INDUSTRIAL EFFORT
Richmond Must Have More Homes
for WC-kmcn or Business Will
Suffcr-ACtiVity Last Week in
Realty and Building Lines.

There We're no startling develop
menis in the real estate market the
past week Several big deals that
ave been closed ny TOR some time.
nd told about in these columns. had
the Office OF the clerk OF the Chan
cry Court by the rccordation OF deeds,
ut none OF the big ones that have
cen reported as hanging on the string
we're closed up. and Until they are
losed the agents will not give out
ny information regarding them.
eW deals Of large SIZE were practi
ally placed on The string and are
ms means that negotiations are on
or the change OF ownership in some
cry valuable business property At
east one OF the transactions. If II
Yer comes TO II successful end. will
mean the establishment here OF II new
industry. AT least that is Il part of
n" whispered rmmor going The rounds.
Read. Mndc" Houses in Demand.
There We're during the week quite
lars" number OF private sales of
more or less improved property in
ariouS sections OF the city in the
Vest End. along Grace street. north
ulton. in south Richmond and in the
'rth,rn part of the city, that is. IN
ne >mnrNcd sections;
A!i<.t this shows that ar tly made
rSl lces are still in den va and all
agents are agreed that this de-
nand is going to increase for they.
Without exception, show tina, the nigh,
mare incident 20 the housing PROPOSE
. ION is Sun terrifying them. The agents
applicants for houses IN which the
A1plicants desire 10 live. hese are not
ways people who want to buy. but
ouid-bc renters arc quite as nuner-
Gus as would-bc buyers OF improved
,.Sidentiai property.
Solving Housing Problem Necessary.
one agent may be. quoted as say
nS that Richmond is going 10 lose
,avily along industrial lines unless
tiis housing problem is solved and
dyed quickly. He thinks it is
ttc work Of building and cquipping the
o!ning BIG boiler works, an industry
NAT VIII require 1000 workmeu. Pro
Nision must Toe made from the ground
~ for the housing of these woykmcu
I'd their families, or they will not
ONE 10 lSichnond
There are, 50 this agent declares
manufacturing establishments already
N operation thai are suffering for lack
I" Richmond simply because they can
not get suitable houses Off them 10
live in. All OF The real estate agents
are tremendously Interested Ia any
and all OF the plans being dscusseI
Tor the solution OF this housing prob
lem.
Enlarged BuiIdiny Operations.
Building operations are more in cv!-
any time in three or four years Ia:
report OF the Building Inspector 10:
the month OF July shows that con-
CtGSlNeiI. cheering piece OF news
mat came from the inspectors Office
last week WAS that a building permit
had been granted 10 a leading con
tract hrm to erect at once fifteen
houses III the BYRD Park region \
sufficient number Of such Wholesale
and wholesome permits as this would
come very near TO solving That hous-
ing problem.
among the July permits were sever
al of large size, running, from. say
$4,000 to $4,000 ME Dcople do not
Ike TO call it building boom. but
1t begins TO look tina way when every
architect. every contractor and every
househui ldcr in the city has his hands
iull of business