Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-10-31
REALTY MARKET IS NOT
AFFECTED BY ELECTION
Shows Unwontcd Activity and
Buoyancy OH Eve OF Bat
Ito of Ballots.
RECORD MANY SMALL DEALS
Tightness OF Money Apparently
Does Not Affect Business, State
of Which Continues Healthy.
Unimprovcd Property to Fore.

Seldom has real estate. with the
handicap OF a national election only
"a wcek Off. shown more buoyancy and
activity In small way than in Rich
mond during tho week just past.
Many small deals. showing a healthy
state or business, were completed.
and several of Il larger nature prac-
ticaily closed by real estate agents
In tho city. but not recorded In
Chancery Court.
Although many agents are still
complaining of tight money mar
ket IL has not affected business any
more than usual. II Is declared.
Agents say that ut the present time
intercs, Ia centered on national poll
ties and that for the present business
lis rather neglected for the more
vital Issue. Many deeds were re-
corded In Chancery Court however.
Unimprored Property 10 Fore.
Apparently|v vacant lots have taken
Y the Initiative In real estate activity.
as large number Of sales of such
I property havo been reported by
8 agents. Such property prob
&ably will. II is sail. be the fea-
fture OF the winters business, and
4there appears to DO tendency to
Ignore other investments in the real
|Festate line for vacant property OF this
Scharacter.
s& Exactly why the trend of business
shas taken TO vacant lota. agents do
fsnot say. Some OF them do no, be-
i}leve that the tendency to purchase
NRuch property Is more than freak
Rof business and not n permanent
thing or caused by any special rea-
con. Some concerns think this ac-
ton prcsagss building boom IN
the spring and others believe Il Is
timply n sign that more money is In
circulation and tina, Investments are
being made by those having cash to
>parc.
StonewnIi Courts Active.
s II Activity In the section OF Stonowall
: Courts lis evidenced by tho fact that
approximately twenty-five deeds havo
gone on record conveying lots In tho
section to some Of the most promi-
.snent pcrssas in the city. Among tho
: purchasers Of lots include d. w. Will
son, Robert w. Wood, Morgan r.
Mills. Mrs. Lucy a, Bennett. George
II. Snead. DR.. 4. l.. Herring r. Ell
I. wood Tragic. J. b. Hobbs and DR.. T.
*. Lord.
Among the largest deals Of the
week Included the transfer or prop
,erty ut l6 North Laurel Street by
William p. Bray and wife to Bishop
D. j.. O'Conneli for a consideration OF
Sl3.76o, and sale by the Easteriy
Building Corporation OF property
known as 24l2 Rosewood Avenue to
Martha u. Robins for sl4.5OO.
ChlltOu Aparfment Gold
e. F. Schmidt & Company closed
early In the week deal transferring
the Chiffon Terrace Apartment. on
Grace Street. between Ryland and
Lombardy. to Rubye Burton Geb-
hardt The former owner of tho
property was Roger s. Warren, and
the consideration was $4,000.
Sale was also recorded of the
property known as so1-3o3 North
Seventeenth Street from Thomas A.
Gebhardt to Leith s. Bremner for a
sum of $4,000.
Dung tho week Robert S. Archer
transferred to John S. Dillon prop
erty known as l07-1o9 North Sixth
Street for $500. D. Kemper Kellogg
transferred to L. II. Williams for
$3.50 the northeast corner OF Haw-
thorne and Walton Streets. Practi-
cally all deals recorded were small.
Chiefly due to the fact that election
has taken up tho time OF many busi-
ness men. several large deals now
pending were not concluded. but
probably will so on record next week.
The rent situation was apparently
somewhat easier during the week
moro property being reported for
rent than for some time past.