March 20, 2008
Preliminary 2007 Title Industry Results: Profitability Maintained Amidst Dramatic DownturnColumbus, Ohio – March 20, 2008: In February, Demotech forecasted that the Title industry would end 2007 with the lowest level of revenues since 2002. Throughout 2007, the real estate market had escalating alarms of decreased sales activity, price depreciation and increased foreclosures as the overall economy struggled. Not surprisingly, as year-end 2007 figures are…
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