
                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: SUNDAY, March 31, 1991                   TAG: 9104010328
SECTION: HOMES                    PAGE: E-5   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Short

FIRM MAKES PROMOTION

Joe Huddleston has been promoted to vice president for corporate relations with Tinaglia Real Estate Inc., which has offices on Starkey Road in Roanoke County. He is a 1989 graduate of the Academy of Real Estate.

NVR L.P. of McLean, the largest home builder in the Washington area, said it lost $261 million in 1990, mostly because of the restructuring it undertook in attempts to survive the slumping real estate market.

The company made a profit of $30.2 million.

A forecast from The Turner Corp., America's leading general builder, says construction costs are expected to experience a slight increase in the second quarter of 1991.

According to the Turner Building Cost Index, the 1991 second quarter cost index will increase to 452, up two points (.44 percent) over the first quarter 1991 and up 13 points (2.96 percent) over the second quarter 1990.

Turner has made its quarterly forecast for more than 50 years.

by CNB