American Land Title Association
Print Friendly
Home  >  News Room
News Room

SoftPro is the nation's leading provider of Real Estate Closing and Title Insurance software

North American Title Insurance Company is a seasoned title insurance underwriter that has been helping customers achieve the American dream of homeownership for more than 50 years. In the past several years, we have become known as the “underwriter next door,� because our associates are always easy to reach and our processes are, at all times, quick and straightforward. Our agency application process is fast and transparent for qualified agents. NATIC offers a one-hour underwriting response guarantee that is unparallelled in our industry. In addition, we value our agents based on their title industry knowledge and experience, not just on profits alone.

Industry News

Builder confidence slips

February 20, 2003

NAHB's housing market index falls 2 points in February

Inman News Features

Home builders were slightly less optimistic about conditions in the single-family market in February, the National Association of Home Builders reported today.

NAHB's housing market index, a measure of builder confidence, slipped two points to a reading of 62 this month, but has remained within the same three-point range since September.

The index, reported a day late this month due to Washington, D.C.'s snow emergency, is derived from a monthly survey of builders asked to rate current conditions of single-family home sales and expectations for the next six months as either "good," "fair" or "poor." An index reading of more than 50 indicates that more builders view sales conditions as good than poor, according to NAHB.

The component gauging current sales conditions for new single-family homes showed no change in February from its 69 reading in the previous month, while the component gauging builders' expectations of sales in the next six months dipped two points to 66.

However, the component gauging traffic of prospective buyers fell eight points to 43 in February.

Washington, D.C.-based NAHB is a trade association with more than 205,000 members involved in residential and light commercial construction.

Copyright: Inman News Service

Print Friendly

How To Find Us:
American Land Title Association
1800 M Street, NW, Suite 300S
Washington, D.C. 20036-5828
P. 202.296.3671 F. 202.223.5843
Copyright © 2004-2016 American Land Title Association. All rights reserved.
SecurityMetrics for PCI Compliance, QSA, IDS, Penetration Testing, Forensics, and Vulnerability Assessment