This psychic reading given by Edgar Cayce at his office, 115 West 35th Street, Virginia Beach, Virginia, this 26th day of February, 1926, in accordance with request made by [900].

Present: Edgar Cayce; Mrs. Cayce, Conductor; Gladys Davis, Steno.

TEXT

1. GC: You will have before you the reading as given on Thursday, February 18, 1926 [254-28], regarding real estate in Virginia Beach, and you will please answer the questions I shall ask you regarding same.
2. EC: Yes, we have the information as given here.
3. Ready for questions.
4. (Q) What price should be offered for the house and lot at 115 - 35th Street - and when?
   (A) $11,500 to $12,500, and the sooner this is accomplished the better, for we will find, as the season advances, there will be advance in price.
5. (Q) Do we understand that the advance in the price of this of 40% will be from this price?
   (A) We will find that within two and a half years this will advance more than 40% from $13,000. Yes, it may be sold for $20,000 in 1927-8.
6. (Q) What portions of the property in and about Virginia Beach would be the best buy from a speculative standpoint?
   (A) Any that lies between the old and new Casinos, as far back as Baltic, or Myrtle Avenue, see? That is, two streets West of Car line, see?
7. (Q) When should this be bought?
   (A) As given, this will be found to advance as the season advances, and there will be a great deal more speculation in Virginia Beach and vicinity property in the next TWO years than even at the present season or year, see? While these will continue to advance, and while the properties are exhorbitant in price, apparently, the season, the place, as will see, will bring many dollars and many peoples to this vicinity, and as has been given aforetime, much of the land in various quarters will bring high prices, see? Hence, there may be much money made in any lands, especially in the vicinity as given, see? for with the BUILDING of the central portion or business section, and with the building of year round resorts, there will be the joining of many enterprises that will make this, Virginia Beach, Virginia, an exceptional place, see? for investments, for the next three to five years especially, and the sooner this is now purchased the more advantageous will be the prospects for such advances, see?
8. (Q) How soon should this be sold?
   (A) Not under two years.
9. (Q) What portions of Virginia Beach will build the faster?
   (A) That from 40th and 50th Street to the southern-most end at present, and then extending along the Norfolk Boulevard, see?
10. (Q) Should the land for the Institute be purchased at this time? If so, where?
    (A) Between 26th - 24th Streets, as given, or between 26th and 27th - the higher ground, see? The sooner the better.
    Now, there may be much information given as regarding the conditions as surround this place as a resort, for with the changes as are coming over the various places along the Atlantic Seaboard, and with the advertising that is being done, and as has been contemplated and will be added more and more, we find that now more local interest is being created. This will, of its own self, create more outside influence, and as the NATURAL CONDITIONS surround the place of many historic natures, this, as we see, gives the greater impetus to the improvements as will be made from time to time, and the sooner this becomes more of an all-year-round resort, the more improvements will naturally be shown, see? and the greater numbers that come, the greater becomes the opportunities in all branches, for there are many various branches of industries of various natures, and businesses, that will be established in and near Virginia Beach.
11. We are through for the present.

REPORTS

1. 4/13/26 See the next work reading, 254-30.

Edgar Cayce Readings © 1971, 1993, 1994, 1995 by the Edgar Cayce Foundation