SANTA ANA, CA—A new survey of title agents indicates that they are quite bullish on the current real estate market, expecting residential property prices to increase by 7.7% on average over the next year.
First American Financial Corporation, a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, has released its inaugural Future Transaction Index (FTI), which measures title agent sentiment on a variety of key market metrics and industry issues.
The measures include expectations for price changes across multiple property types, and expectations for changes in volume for purchase and refinance transactions.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
