Joan Klein is awarded O'Conor's top 3 honorsJoan Klein, an...

Real Estate Watch

March 31, 1996

Joan Klein is awarded O'Conor's top 3 honors

Joan Klein, an associate broker with O'Conor, Piper & Flynn's Timonium office, received the company's top three honors at a recent awards ceremony.

Ms. Klein was named 1995 companywide listing associate, 1995 companywide transaction associate and 1995 companywide residential associate. It was the first time in the history of OPF that one agent has won all three titles.

Ms. Klein has worked in the real estate industry for 25 years, all for OPF. She has won three Distinguished Salesman Awards from the Sales and Marketing Executives International. She and her husband, Bill, live in Towson.

Builders' market index jumps sharply in March

The National Association of Home Builders' Housing Market Index jumped 10 points in March, spurred by improving weather and rising interest rates, which brought many undecided buyers into the market.

The index is now 60 on a scale of zero to 100, with zero the worst. It is based on a monthly survey of homebuilders. Each month, the survey asks builders to rate present sales of single-family detached homes and to give their sales expectations for the next six months. A year ago, the index was 39.

"As is often the case when interest rates rise slightly after falling for several months, many 'fence-sitters' jumped off the fence in late February and early March and made the decision to buy, and this naturally boosts builders' confidence," said NAHB President Randy Smith, a homebuilder from Walnut Creek, Calif.

Pub Date: 3/31/96

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