I am happy to announce that we have successfully navigated a weird – and concerning – market and are now in a prime position as a leader in the title industry in the Florida and Ohio markets.
We have all heard concerns about the real estate market, with rate increases slowing it down over the past few months. It wasn’t a surprise then that the numbers released last week showed that January was the worst since 2008. The important thing to note is that those numbers are trailing numbers, reflecting activity in November and December. We can see from orders during the past few weeks that spring is heating up and we are in a great spot.
While some firms do not find themselves in a favorable position coming out of the last few months, fortunately, Venture Title and Ohio Real Title do. We are well positioned to handle the increased business now and what we expect to see throughout the summer. As a result, we will be looking to grow and increase our service offerings in almost every office and department as the year progresses.
We welcomed LuAnn Vizzone to the sales team at Venture Title Services in Naples in February, and our Columbus office also is looking to grow its team and joint venture partners. In fact, every office and department is in a great spot and is well-positioned for a prosperous 2023.
Six months ago I thought things would look pretty good at this point but expected a much bumpier road to get here. Thanks to our team, partners, and clients we focused on what we could control and are now positioned for an awesome year ahead.
President, Venture Title Services