The industry generated slightly less in title insurance premiums during this year’s first quarter than in 2017, according to the American Land Title Association’s 2018 First-Quarter Market Share Analysis.
The combination of limited housing inventory in several markets, soaring home prices and rising interest rates that have reduced the number of refinances have slowed the housing market, as many companies struggled to match their 2017 first-quarter performances.
Read on for more details from ALTA’s analysis.