Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-11-14
SMALL PROPERTY MOVES
BEST ON REALTY MARKET
Ono Agent Makes Sales Aggregat-
Ing 100000 During Single
Day OF Business.
GREAT ACTIVITY rs PLANNED
Dealers Declare Sale of Lots and
building Sites Tresagc Big Build.
ing Boom to Como in Early
Spring.

Although real estate activity dur
.ns tho past week showed no ma
'erial increase in movement, sew
cral largo deals arc known to he
uader way. and one realty firm made
enough medium sized sales In a
single day TO total $4,000. This
vas done on Friday, the firm in qucs-
ZION closing four transactions which
wc.a pending within few hours OF
each other. Although tho sales have
not been recorded. they have been
closed.
Small property continues 20 be IN
the greatest demand. with vacan;
ipts strong on the market. !f situated
IN desirable localities. and moving
slGwiy where little building In pro-
crossing or contemplated.
Lo;u on Monument Avenue arc
prohably the most expensive IN "A
-cs!dcnco locality In the city. bu.
real estate agents repor: the de-
;!and strong ana tho supply OF prop
.r;y offered for Bale very short.
Money TiEhtnens Felt.
EIn!alnins the recon. dearth OF
'argc property transactions. which
IA been usual until recently. agents
ny that because OF tho tIghtncss OF
ihc money market. few persons look
'1G for homes arc Hccking extern
a.Yc residence property. not wishing
% tie UP large gum just al pres
ont. The ucrvant problem has also
added to this condition. until At the
present t!mo almost tho entire de-
:nand for property is said 10 be for
frcdiu.n -gizcd homes.
.iis demand In the spring BY cN-
through the present actIv..y In va
can't property. The growth OF the
lily will mean an overflow. AS there
re few. II any. suburbs capable o.
;ahias care of the natural increase.
'A!s viii mean the opening UP Of
.argc new sections. Allen. Sav!llc 4.
incAd have holdings Wet, Of the Belt
L.nc. on the Wcsthampton street car
line. which. IL Is said. they VIII open
up IN the near future. These hold
lngS are ideally located for resi-
Ieuce property and the firm Is nov.
making extensive improvements in
'h.s locality. a company. OF which
". s. Forbes IS ono OF the leading
actors. has just been chartered with
extensive holdings IN The same To-
ra!!ty.
Many Improvements in City.
Another section which Will be
,pcncd UP Will be the extension Of
Monument. Avenue. where 1875 per
,"us have already s!gnit!ed their In
tsasions OF building In the spring. or
as soon as possible. in letters pre-
s-;ol TO Common Council when spe-
81. Of
,.r Avenue was made.
However. not AL work :low solnE
o.: contemplated Is suburban.
,any improvements are Aeins made
d t!n city proper and although just
q, Tic present ii't!c actua! wori: IS
nHd"" way, a great deal Is known 70
's planned for carly spring.
building pcrm!; issued :cs,er-
my 20 S. c. II. Dorset and ". l.
.:iHins. authorizes the erection O:
side OF Forty-second street. between
,icHae and Boscobcl Streets, Wood
nd Heights. TO cost 5000 This Is
NO second permit for a dwelling is
sucd this month. the other. frame
.ucco house having Lcen authorized
IN Lady Mile Road. near G!ntc-
f:rk.
needs were recorded In Tho clerks
office OF Chaacery Cour. yesterday
Tor tho same property and between
INC same parties. In the orc Mrs. l.
=. Cary, Hudson Cary. Lucius r. Cary
and tho Virginia Trust Company. OK
ccItors Of the estate OF Colonel W.
Niles Cary. sold 10 Frank II. West.
Gudcr deed dated Apri! ~. 1920. nine
zen lots for consideration OF VS.
%ttc5.
The second deed transfers the same
property from Frank West and wife
back to tho executors of w. VI. Cary
ny Il deed dated October s, 1920. The
ronsideration In this deed Is no; given
hut tax was paid on valuation OF
$1,000.