Collington Square renovations linked with buyer...

Industry Watch

November 29, 1998

Collington Square renovations linked with buyer workshop

Historic East Baltimore Community Action Coalition, Episcopal Housing Corp., Collington Square Non-Profit Corp., and Israel Baptist Church are planning to renovate 40 rowhouses in Collington Square and sell them to buyers who attend homeownership courses.

A free Home Buyer Workshop is scheduled from 5: 30 p.m. to 8: 30 p.m. Dec. 8 at the Mattie B. Uzzie Outreach Center, 1211 N. Chester St.

Sponsored by the NAACP and NationsBank, the workshop will cover topics such as credit, how much house you can afford, applying for a mortgage, determining the value of a home and working with a real estate agent.

Participants will be awarded a certificate, entitling prospective homebuyers to apply for special NationsBank mortgages.

To register, call 410-602-9300.

MRIS says regional sales rose 21.6% last month

The Metropolitan Regional Information System -- the multiple-listing service for real estae agents and brokers -- reported that October housing sales in the area that it services in Maryland, Pennsylvania, Virginia, West Virginia and Washington was up 21.6 percent over the same period in 1997.

There were 7,319 homes sold through MRIS last month, representing more than $1.3 billion in sales transactions.

Through the first 10 months of 1998, there were more than 73,000 homes sold through the system, a 28.5 percent increase over the first 10 months of last year.

The MRIS system is used by the Greater Baltimore Board of Realtors.

2 Patriot Homes models get architectural awards

Two models built by Patriot Homes received awards for architectural design excellence at the 41st Annual Finest For Family Living Awards.

The models honored were the "Anthony Wayne," a single-family detached home in the $240,000-to-$270,000 range that is being built in the Russett community in Laurel, and the "Patriot II," a single-family detached home in the $270,000-to-$300,000 range that is featured in all Patriot communities.

The criteria used by judges included but were not limited to: design excellence, value, traffic patterns and overall aesthetics.

Harkins Builders contracts hit $56.3 million in '97

Harkins Builders of Silver Spring is the nation's 79th-largest contractor with $56.3 million in design-build contracts in 1997, according to statistics compiled by Engineering News Record, a division of the McGraw-Hill Construction Information Group.

Since it incorporated 33 years ago, Harkins has built more than 450 projects worth more than $1.6 billion in the mid-Atlantic region.

Harkins builds townhouses, garden apartments, midrise and high-rise apartments, condominiums, warehouses, retail stores, hotel/motel, medical facilities and office buildings.

News in Brief

O'Conor, Piper & Flynn ERA Real Estate said sales associates David and Bonnie McIlvaine were recently honored as one of the top 10 agent teams in the ERA Franchise Systems for total closed-dollar volume. They were also recognized as the top Northeast Regional team for total units closed and total closed volume from January to June 1998.

Long & Foster Real Estate Inc. offices throughout the mid-Atlantic region are collecting new, unwrapped toys for the U.S. Marine Corps Reserve's Toys for Tots campaign through Dec. 18. Last year, the national Toys for Tots campaign amassed a record-breaking 10 million toys, including more than 15,000 that were amassed at Long & Foster offices.

On the Move

The Bozzuto Group appointed Thomas M. Farasy vice president. Farasy previously served as senior vice president with the Osprey Property Group.

Century 21 Anthony-Gavern Realtors said Debra Byrd and Donna Mallow joined the firm as sales associates.

Irwin Mortgage Corp. said Anil Kshepakaran, Samuel Lancelotta and Ida Reis joined the Columbia branch as loan officers.

O'Conor, Piper & Flynn named Catherine Schneider manager of the Ocean City/52nd Street office.

Pub Date: 11/29/98

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