Monthly Archives: March 2023
The May 2023 Real Estate Market Outlook is Bleak
March 28th, 2023 Title Insurance NewsThe real estate market outlook in May 2023 seems to be heading towards a complete disaster. The spring homebuying season is yet to bloom, and it's likely to turn out to be a total dud. Mortgage rates have increased by a whopping 15 basis points .... Read More
How Title Agencies Should Manage Real Estate Market Downturns
March 21st, 2023 System 2 ThinkingReal estate market downturns are expected and normal. All markets are cyclical, with waves of ups and downs due to various factors. In the industry, mild-to-severe downturns have specific characteristics in common, such as high mortgage rates, l.... Read More
Introduction to Title Agency Valuation
March 13th, 2023 M&ADetermining the right sales price for your title agency is a challenging feat. There are a dozen or more valuation methods, so which one is best? This article looks at many title agency valuation methods and the popular profit-multiplier method .... Read More
System 2 Thinking Housing Market Prediction: March 2023
March 6th, 2023 Title Insurance NewsThe first quarter of 2023 has already seen a 28-year-low in the volume of mortgage applications, with a 6% drop occurring last week, per the Mortgage Bankers Association adjusted index this week. While sales have declined nationwide, the housing.... Read More