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by CareyBot

The Long & Foster Cos. today reported January sales for all of its companies totaled $3.6 billion, an increase of 24 percent over January 2004, marking the best January in the company's 37-year history. The numbers include: Long & Foster Real Estate Inc. with January sales of $2.6 billion, up 27 percent on 8,117 property transactions; Prosperity Mortgage, the firm's mortgage affiliate, reported $256 million in volume of business, an 8 percent decrease over the same month of the previous year, with the decline being in large part due to a decrease in strong refinancing business in 2004. Strong numbers were also posted by Long & Foster Insurance, with $169 million, up 4 percent; and Mid-States Title with $587 million for the month, up 39 percent over the previous January. ...