Land Sales Contracts Up 10% in Month of October '06.
11/3/2006
Fraser Forbes Company experienced a 10% increase in land sales contracts being submitted for review and execution during month of October 2006. CEO and Co-Founder Richard Samit said: this past month saw a noticeable increase in the volume and quality of contracts and letters of intent being submitted for execution by and for our clients. This only helps to confirm the forecasts and indications we are hearing that the housing market is at the bottom on the way back up." Samit added, "Fraser Forbes is fully staffed and positioned to serve the local housing industry with the best land acquisition and disposition services."
Fraser Forbes Company, LLC, founded in 1995, specializes in services associated with the acquisition and disposition of land for residential, mixed-use and commercial opportunities. Corporate services include the representation of private and institutional property owners, advising on relocation and redevelopment, as well as serving the needs of the development and homebuilding industry. Fraser Forbes works with a full range of properties from raw land to redevelopment sites in suburban and urban areas.
With 22 licensed agents in Maryland, Virginia, The District of Columbia and Pennsylvania, the firm's diversity and experience enables them to handle any brokerage needs. Since 1995, Fraser Forbes Company, LLC, has brokered over $2 billion in transactions.
