The Housing Market is Hot: Buyers Bounding on Real Estate

With headlines optimistically indicating that the housing market is making steady improvements, more and more potential homebuyers are feeling confident about investing in real estate, according to a poll conducted by Prudential Real Estate.

The survey indicated that almost 70% of those polled believed it was an optimal time to sign a Deed and acquire the keys to a new home.  Juxtaposed with a comparable poll held at the beginning of the year, that’s an increase of 6%, and a rise of 17% since last year, in 2011.

The poll further suggested that consumers understand that the phrase, “it’s a buyer’s market,” holds some validity, as 72% of them predicted that real estate costs would escalate over the course of the next two years.   This means that people are ready to act and they’re ready to act now: potential homebuyers know that it’s a suitable time to think about settling down in a permanent place.

Of course, that being said, many consumers don’t want to enter the world of residencies without a little help: about 74% saw a need to consult with a professional and reputable real estate agent to make the process run a little smoother.  At Colony Title, we agree: working with housing experts will help you obtain what you want within your budget.

Though the associates at Colony Title aren’t real estate agents, we are specialists in performing title searches and providing title insurance.  Here at Colony Title, once a search has been conducted, we prepare the title insurance commitment, the Deed, settlement sheet and in many cases loan documents. We conduct the closing, collect and disburse all funds to the appropriate parties, record all necessary documents including deeds, mortgages and mortgage releases in the appropriate jurisdictions. Once all documents have been recorded in the County, a final title policy is issued. 

About Colony Title Associates:

Founded in 1995, Colony Title Group handles in excess of 2000 real estate closings per year in the central Maryland area. The founder Tee Tillman has over 23 years experience in the title and real estate law fields. Colony handles closings for several lenders, including banks, credit unions and mortgage brokers. Colony is the preferred choice for many real estate brokers in the area.

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