THE VIRGINIAN-PILOT
Copyright (c) 1995, Landmark Communications, Inc.
DATE: Saturday, November 11, 1995 TAG: 9511090254
SECTION: REAL ESTATE WEEKLY PAGE: 22 EDITION: FINAL
LENGTH: Medium: 62 lines
Pending home sales in Virginia were a fraction of a percent down in September when compared to the same month in 1994, according to the Virginia Association of Realtors. Sales of new and existing homes in September totaled 4,799; the figure was 4,811 for September 1994.
The first nine months of 1995 showed an 11.46 percent decline - from 49,996 sales during the same period last year to 49,064 this year. The average sales price for a house was $108,831 during that time, up from last year's $104,595, according to the state Realtors.
The average time on the market was 85 days.
Locally, residential construction was up for the year through September, according to the F.W. Dodge Division of the McGraw-Hill Companies. Construction value in Hampton Roads totaled $615.9 million during that period, McGraw-Hill says, up 2 percent from the $606.6 million recorded the first nine months of 1994.
Kudos: Barbara Jones was named Outstanding Performer for October by Leading Edge Realty. Carol Galagher was tops in new homes, Cissi Smith led in resales and Val Braun was No. 1 in listings.
Bob Schaefer, broker/owner of Century 21 at the Mall will attend the 37th semiannual conference of International Relocation Consultants.
George Trotman Real Estate in Chesapeake will participate in the 4th annual Thanks for Giving Lockup to benefit the Muscular Dystrophy Association from 9 a.m. to 5 p.m. Wednesday.
Billy Coons of Realty Executives in Virginia Beach threw a party last month at Grand Affairs to celebrate the 18th anniversary of his local franchises and the 30th anniversary of the parent company.
Gail Coleman has been appointed managing broker of GSH Real Estate Corp.'s Newport News/York County sales office. She previously was director of career development at Cale Realty and managed the firm's Williamsburg office.
Rose & Krueth Realty Corp. received a Creative Excellence award for its ``Living in Hampton Roads'' guide at the 1995 Your Home Real Estate Marketing Conference last month in Litchfield Park, Ariz.
Info: The greatly expanded third edition of the Automated Builder Dictionary/Encyclopedia of Industrialized Housing is available from the publisher for $49. The address is P.O. Box 120, Carpinteria, Calif. 93014; the phone number is 1-800-344-2537. Discover and American Express cards are OK.
A free real estate software guide is being offered by Massachusetts lawyer Gary Sherman, founder of Z-Law Software Inc. of Providence, R.I. For details, write Z-Law at P.O. Box 40602, Providence, R.I. 02940, or phone 1-800-526-5588. The fax number is 1-401-421-5334. MEMO: On the Move reports management changes, awards, seminars and new
services offered by real estate firms, mortgage companies and builders.
Photos will be used as space permits and cannot be returned.
Send the information to Real Estate Weekly, The Virginian-Pilot, 150
W. Brambleton Ave., Norfolk Va. 23510, or fax it to 446-2531. Please
include a phone number.
by CNB