O'Conor to receive honorary degree at Towson StateJames P...

REAL ESTATE WATCH

January 07, 1996

O'Conor to receive honorary degree at Towson State

James P. O'Conor, chairman of the board of O'Conor, Piper & Flynn, will receive an honorary doctorate of humane letters at today's graduation ceremonies at Towson State University.

In 1984, Mr. O'Conor helped engineer the merger of five prominent real estate firms in Baltimore into a company with 755 sales associates and sales of about $735 million. Today, Mr. O'Conor's company has 1,400 Realtors selling in nearly 50 offices. OPF's sales more than doubled in the decade after its founding.

A former president of the Maryland Association of Realtors, he was Realtor of the Year in Maryland in 1970, and a past president of the Baltimore County Chamber of Commerce. He has also served on the board of visitors of Towson State and was honored in 1994 as Man of the Year by the Baltimore Association of Retarded Citizens.

His father, Herbert R. O'Conor, was governor and a U.S. senator from Maryland.

Co-housing community tour in Libertytown

Liberty Village, the state's first co-housing community, is holding a tour of the 27-acre site at 2 p.m. next Sunday in Libertytown. In a co-housing development, individuals own their own homes but share some grounds and facilities, such as a clubhouse. For information call: (410) 435-0996 or (301) 662-3218.

Index shows cooling in new home building

The latest "hotness" index from Lomas Mortgage Co. shows the Baltimore new home construction market continuing to cool.

For the year ended in October, the Baltimore region had a "hotness" of 3.9, down from 4.4 in 1994 and from 5.5 in 1992. The index represents the number of single-family permits issued in the most recent 12-month period per 1,000 residents in each metropolitan area.

By comparison, Las Vegas is a simmering 16.7, Atlanta is 9.9, the Washington market is 5.1, and Philadelphia is 2.5. Los Angeles languishes at 0.5, lower than anywhere except New York-Long Island, at 0.3.

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