2023
State of the Title Industry
With ongoing high-interest rates and low inventory, there’s been a lot of discomfort felt across the real estate and settlement services landscape. This year’s report details how title professionals are surviving and, some, even, thriving through it all. Thanks for reading and sharing.
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About The Respondents
400+ responses
Data from 50k+ closings
Performed in all 50 states
Biggest Concern: Interest Rates and The Economy
66% say they’re most concerned about interest rates/the economy when it comes to the future of their title business
Too Many Tasks Still The Top Challenge Facing Agents
In a ranking of their biggest day-to-day challenges, Juggling Too Many Tasks remains at the #1 spot for 2nd year in a row, followed closely by Unexpected Closing Delays.
Self-Evaluation of Title Best Practices
When asked about due diligence practices, 25% said they think their own organization could do better.
