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Real Estate Notes

Coldwell Banker Residential Brokerage (CBRB) offers free weekly career seminars at each of the CBRB Virginia offices for those interested in finding out more about a career in real estate. Seminars at Woodson High School are held Mondays and Wednesdays, from 6:30-10 p.m., through April 19, 2004. To register, or for more information, call 1-800-992-4794.

Rebecca Lipp, Lilliana Shirvanian and Kay Kim have joined the Fair Oaks office of Coldwell Banker Residential Brokerage as sales associates.

The Long & Foster Companies reported January sales of over $2.9 billion compared to $2,663,575,289 the previous year. Overall sales increased 10 percent over January 2003.

The record sales for January 2004 include Long & Foster Real Estate, Inc. reporting sales of $2.0 billion on 7,401 properties sold, and Prosperity Mortgage Company, the firm's mortgage affiliate, reporting $27.8 million in volume of business, a 23 percent decrease over the same month of the previous year, with the decline being in large part due to a decrease in refinancing business. Strong sales-volume numbers were also posted by company affiliates, Mid-States Title, $423 million, up 30 percent, and Long & Foster Insurance, $167 million, up 32 percent.

Nine of Long & Foster's 10 residential real estate sales regions either held steady with the previous year's sales or posted increases for January 2004. The Northern Virginia/West Virginia region, with 38 offices, was even with last year with $617,954,267 in sales.