Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-11-21
STRONG SALE OF HOMES
ON REAL ESTATE MARKET
outstanding Feature OF Weeks
Business Is Small Dwell
ling Activity.
OCTOBER BUSINESS is SLOW
decrease for Month Was 81 Per
Cent - Housing Situation Niny
Bccomc Acutc-Three Byrd Park
Residences Sold by Agents.

richmond real estate market has
Witnessed unusual activity this week
~ the sale OF homes. These sales
stand out as the only notable devel.
opment. although much trading and
many property changes were placed
Don record.
rho present scarcity OF homes and
ne general belief that the shortage
Hli be even more acute next year IL
hcepinS the hcmeacekcr on the move
The desire to buy bones is evident,
out the heavy slump in building In
Richmond within the last few month,
and tho subsequent rise in property
prices figures prominently in tho
a.tuat!on.
building Falls Flat.
study OF the records or the build
'ns inspector shows that the city Is
thr behind last year In its building
srosram. Analysis OF tho permits
ISSUED shows that provision for 100
ianilies was matie In the building
York last year. while only jsG fam
leo are provided in the construction
YORK authorized down to this time
mis- year. This comparison OF records
probably gives the best view OF tho
apusing problem In Richmcnd.
Guiding operations Of all kinds In
richmond In Octobe decreased nbou,
- per cent az compared with tho
aric month last YEAR. \ new losv
record I'm building operation.
throughout the United states was
Established IN the month. The small
unttr Of permits issued th's week
the cfi.cc of Euildins inspector
Butler reflects tho continued dull
nrss ~ construction work. Ior,nitA
-: business building represent the
larger part Of the construction wori,
rrC"hiiy authorized In Rich m md.
Ninong the real transactions re-
1ricd this weel. arc the following:
ni OK Young CO. Inc. 10 the
hermitage building Corporation. tract
" land on the northeastern line o.
tho Hermitage Road. near tho T.. L.
i =. railroad. 100000.
bellevue Park. Inc. 10 r. W. Gary,
- North Boulevard. $4,000.
!" Thornton Davis to IL ID. Lifford.
2ij Monument Avenue. $4,000
J. -. Dodson to Baratini and Asa G.
Harris. 1909 Stuart Avenue. 3l3.5oo.
Union Securities and Realty Cor
.-r.ation. property on tho north line
- clay street. near Tilden. s37.soo.
irving May 10 John Kahn. cola Yves,
',.,'y street. $4,000.
Sell Zig Farm.
'iill Montague, special commits
toner. 10 the Southern Planter Com.
paiy. property on east line OF Cover
nor Street at southern line OF Memo.
.!ai Hospital. 3li.5o0.
'rhe T.. +. Schmidt Company sold for
~. r. Gains. a farm or ITO acres
aitIed AZ $4,000: for the Virginia
Housing Corporation. three new
..n'es near Byrd Park with value
q $4,000; AMI Tor II. \. Brszzoiars
- q. 5. Gun;er a home on Stuar;
H"ai.
s!xfamily apartment house
sao~n as tho Edgewood. al 2lol Park
Ncenuc. ut the corner Of Rowland
erect. was sold yesterday through
i'piiard & Eagby Inc. by the Edgcw oo,i
realty Corporation to G. b. Haynes
-or $4,000 The property fronts
'Svnty-siN feet on Park Avenue.
The wellknown firm of Brooks &
Richardson. Inc, have bought from
*, NJ. Stuart. for consideration OF
1000. the property on the west side
II Eighth Street. between Main and
franklin Streets. known as Il North
,,sh;h Street.
after extensive improvements
lich they VIII give the property
tney vii! locate their office there. The
itn contemplates Offering much
letter service to the public in the
f'iture.
Buiidins mt Lakeside Terrace.
preliminary work for the construc-
!un 0! Il house of concrete and stucco
II now under way at Lakeside Ter
race. The building Will be located
On hillside with entrance to the
easement rooms on the ground level
'fhe Holloway Co. announce that lots
are selling rapidly In this subsection.
one purchaser of Il terrace lot Is
planning to build his home In sec
IONS first constructing enough Of the
hlilding to house his family. While
lying on the property he will build
more prctentious dwelling This
taan has already planned his garden
nj planted fruit trees OF the lot.
MADRID MAKES EFFORT