Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-08-08
RICHMONDERs PREPARE
TO MOVE September |.
All Records for Recording Trans
fcrs Of Property Broken
During Past Year.


True meaning ana appreciation OF
the most active year IN the history Of
real estate IN Richmond WIFI be
brought home 10 the city September
l. moving day" when purchascrs or
property take possession OF their new
homes. in the belief OF realty men
here.
=. e. Howe. OF tho firm of y. ".
Bowc ~ Co, stated yesterday that il
his opinion the most extensive NOV
Ing day in the city's history will be
Oh. and around, September l. Hun
drcds OF it!Chmondrrs have purchased
properties already rented Unit! tina,
date and Will take posscss!on OF their
new homes then.
Take Out Moving Permits.
Extensive arrangements FOR NOV
ing day" are already being made By
EichnondcGs, az cv!nced b. the !;ct
That numerous moving permits arc
Impossible already 10 procure any
help or trucks with which to move.
If!ccs for vans are now 81 an hour
August -. when notice has been
served that the price vii! be $40 an
hour.
During the year all records for re-
cording OF transfers Of property in
the Chancery Court were broken ana
records established early in the year
we're again smashed both in June and
July. y large percentage OF these
sales We're OF homes. activity in bus!-
ness p-oNerty and commercial sites
being brisk, but not keeping UP with
the demand for homes. Many persons
property. hut who !elt II Imperative
10 buy because OF the uncertainty OF
securing Quarters. have Invested In
Property for peni scarce.
Cases nave boon recorded by agents
where property was sold out from
found II necessary 10 secure living
quarters and could not ind any rent
able property. The oustcd Tenant. In
turn Was compelled 20 purchase q
wants was for rent.
AZ the present time real estate here
iS experiencing tho annual summer
holiday Stun? and few sales arc be-
ing recorded which are OF any iInI-or-
lance. Activity has practically
men return TO She city. and The tight
ness OF the money market has mad
great deal 20 10 with TN" slowing up
IN property transfers. The condition.
rs much as In other cities of the dis
tr.ct. and In fact Of the entire coun-
Try.
Country homes. farm lands and
, more active at the present time than
is city property
sale OF ,ns famous old pTerer,y
!
the Horseshoe Farm" for a sum said
10 have hecn $4,000. was closed yes
| tcvday by the Realty Finance Cor
poration Of Richmond.
This property consists of 1903 acres
| OF land and is one of the oldest plan
iat!ons on the Pamunkey River. 1t
was purchased by Palmer and Hep
pert. OF Richmond, who declare that
which was n plantation during the
| War Between the States. was the
rendezvous OF Confederate troops,
who stored II with cotton for use IN
| troops of the North captured the
| place, and In their anger at It's use,
| confiscated the cotton and burned the
! dive Hing.
j Thompson Brown & Company
| also report farm sales active, having
closed four deals during the week
all OF which. however. are small.
Building Inspector John T.. Butler
reports that the building operations
in Tho city are practically nj stang
still because of the inability of con-
tractors TO secure cement for any
price. owing To the order of the In
corning the use of open top freight
cars for other uses than hauling coa:.
Don't Lock for Panic.
IL Is the belief of certain contrac-
about by the shortages Of materials
| Will cause almost a panic in the
| building trade. but this view is not
shared by many business men here
or by realty men who have been en-
! gagged in home building work.
! One realty man who is construct
| ing more than n dozen houses and
wishes TO put UP moro than three
| times as many more, said that he
| would erect tho houses as soon as he
could obtain the materials, regard
less of the price OF materials or la
| Dor. as the sale of the properties
which he contemplatcs erecting Is
practically assured.