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Real Estate Notes

The Long & Foster Companies reported that 2003 sales reached a historical high of $43,434,600,404 in annual sales volume, compared to $32,946,805,081 the previous year, which was also a record for the company. Overall sales increased 32 percent from 2002.

All of The Long & Foster Companies reported all-time company record sales for 2003. The numbers include: Long & Foster Real Estate, Inc., with sales of $29.7 billion on 109,990 properties sold, up 29 percent over 2002; Prosperity Mortgage, the firm's mortgage affiliate, $3.9 billion in volume of business, up 30 percent; Long & Foster Insurance, $2.6 billion in volume of business, up 9 percent; and Mid-States Title, $7.3 billion in volume of business, up 60 percent.

The top three Long & Foster sales offices in Northern Virginia for the year, and based on sales volume, were: Burke Fairfax Station/Clifton ($662,587,615); Fair Oaks ($611,874,789); and McLean ($602,625,055).

Long & Foster Real Estate, Inc. has more than 200 sales offices throughout Maryland, Virginia, Pennsylvania, West Virginia, Delaware, North Carolina, New Jersey and the District of Columbia with over 12,000 sales associates.