Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1919-05-25
CONTINUED ACTIVITY
IN REAL ESTATE REALM
Lots on South Side in Demand,
as in Other Annexed Territory.
RENT QUESTION ALL ABSORBING
Rumors of Large Deals in Business
Propcrty-SOmc Delays because
of Welcoming Week - Agents
Views on Rental.

continued activity i'll real estate cir
cles was the order of the day all OF
last week. However. several deals
thar were expected to be consunra cd
We're held over on account OF much
acti"ity In other lines.
The Salvation Army drive and tho
work OF preparing for the grand re-
drcd and Sixteenth Regiment on Satur-
day demanded the attention of particle
pants in number OF deals. and they
move away the deals cou Id wait a week
or more Longer. while the other bust
ness had TO be attended TO then or
never
effected and there were, perhaps. Il
larger number of small residence lots
sold during last week than the week
before. This branch of the business
was, perhaps. more active in the an
ncXed territory and in the suburbs than
in the city proper.
Doings the South Side.
South Richmond is much in the lime
building lots for residences. and. while
the number of sales reported last week
was small, 1t is known that the agents
in that section are being kept busy
showing property TO inquircrs. and
all the signs point TO the early con-
summation of many deals that will
ior the most OF the inquirerS for lots
claim to have the building bee in their
bonnctS and none of them seem TO be
spectators in vacant property.
Forest Hill also is receiving not .,
little attention from wouid-be home
builders and there is considerable in
part .: the extended city. Large lots
are In demand there for one object of
the man seeking a home In that region
l. the privilege of a garden and ample
room for chicken raising and for the
enjoyment Of Il plenty OF air
sd The inquiry is not confined to tho
named, but on tho North SidcNim Gin
/ ter Park. Barton Heights and High
land park-there is noticeable more
! activity. and several good sales have
! been made to people who il is IRE
/ sumcd propose TO commence building at
! an early date
Big Deals on the String.
In the city proper, the agents report
teresiing There were rumors OF sew
eral large deals in business property
/ mat mad been or were about 10 bc
, wound up, one involving several hun
drcd thousand dollars. one as much as
100000. and two or three under 500
/ GOO. but the agents were very reticcn,
/ cali amy names. 1t is known. how.
ever ;hat some Of these deals are a
!ittle slower reaching consumma ion
! than were the rumors in putting then
on the closed list. There may be some
/ thing doing this week that will he in
me nature of surprise TO those not
Several very satisfactory auction
sales were made last week both OF
residential and business property. tho
latter on Harrison Street Floyd Ave
nue., West Grace Street and elsewhere
and the former on West Main street
Renters aud Higher Reu,s.
Renters are getting very much in,
ierestcd in coming events. on June
notices Will be given and taken "a!
TO who will stay where they are an,
VINO proposes TO move; who will NOV,
through choice and who among tn
renters Will be required TO move. an,
all the like of that OF course In
much TIA lked about increase in rents il
adding interest TO this annual shake
UP, and all kinds OF inquiries on this
subject are being made and many lei
icrs are being written ror pub!ica ion
one OF the leading real estate ant
rental agents declared to The Times
Dispatch man yesterday that there i.
n good deal Of idle talk on this in
creased rent subject He said there ha:
absolutely been no concerted arrange
incnt between the agents for incrcas
ing the rental charges. and he ratheI
intimately that the agents are tryin.
to hold down tho rents. The demand!
cost OF them have driven manv prop
criy owners to notify their agents /,
Increase the rental charges He say!
the demands for unreasonable rcpairs
repairs that the renters would no
think OF making themselves If the,
were living in their own houses, hay,
caused the trouble. This agent added
by WAY of illustration: Il own scvcra
houses myself which rent out and il