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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.


Home Prices Rise in July

September 22, 2009

U.S. home prices rose 0.3 percent on a seasonally-adjusted basis from June to July, according to the Federal Housing Finance Agency’s monthly House Price Index. The previously reported 0.5 percent increase in June was revised downward to a 0.1 percent increase. For the 12 months ending in July, U.S. prices fell 4.2 percent.

The U.S. index is 10.5 percent below its April 2007 peak. The FHFA monthly index is calculated using purchase prices of houses backing mortgages that have been sold to or guaranteed by Fannie Mae or Freddie Mac. Prices rose in five of nine regions, led by a 1.6 percent gain in the Pacific states, where prices have fallen 9 percent in the past year. The biggest monthly drop was 0.9 percent in the East South Central states (Kentucky, Tennessee, Mississippi and Alabama).

To view charts tracking home prices, click here.



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American Land Title Association
1800 M Street, NW, Suite 300S
Washington, D.C. 20036-5828
P. 202.296.3671 F. 202.223.5843
www.alta.org
service@alta.org
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