Year In Review with Ryan Marrie 

We recently had the opportunity to sit down with Venture Title Services President, Ryan Marrie, as he reflected on the past year and provided insight on what he sees coming in 2024. 

After the last few years of mayhem and irregularities in the market following COVID, Ryan summarizes 2023 as a year of “resetting.” 

“2023 was a very different than the previous COVID-related years,” Ryan says. “The market really turned in the summer and fall of 2022 and carried into 2023. That mad rush that happened after COVID slowed and the market retracted.” 

With talk of a retracting market comes a lot of uneasiness. But, as Ryan reminds, when looking at the current state of the real estate market, it is all about perspective. 

“It wasn’t sustainable. Coming off record highs, the market had nowhere to go but to pull back and 2023 was that year, with the biggest headwind being lack of inventory in all markets.” 

However, anyone who has paid any attention over the last year knows that the news has been highly saturated with talk of high prices and demand. 

“Prices are still high. Demand is high. Houses sell fast. But comparing a down market in 2023 to a down market in 2008 – there is no comparison. 50% of the transacitons were distressed properties. In 2023, only 1% of all transactions were distressed properties. It’s just different.” 

The question now lies, where are we going from here? 

“I actually think we are past the bottom in real estate and trending up. I just feel that moving forward in 2024 and in 2025, it is just going to keep trending up. Rates will normalize and come back down, more inventory will come online though affordability is still going to be an issue.” 

Marrie expects especially positive growth for Venture Title Services as we enter our third year in the Sunshine State. 

“The first year was one of getting going and understanding the market. And, right as we were getting going, a storm rolls through along with a depressed real estate market, but things have really picked up over the past six months. I expect dramatic growth in Southwest Florida for VTS in 2024.” 


More From Venture Title Services

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This place is an amazing place to get your home titles done. This was my first time buying a house and the ladies there are fantastic. They explained everything I needed and answered all questions I asked.

Mike S.

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This company went above and beyond to help rectify an issue that came up after closing.

Tyler H.

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Absolutely the best customer service I have ever experienced! I was in real estate for over 10 years and have very high expectations. I would HIGHLY recommend them for all your needs.

Debbie K.

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I'm glad I close all my loans with you. This is the best title company I've ever worked with. I recommend anyone to use them for all your title needs.

Eddie T.

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They have handled about a dozen real estate transactions for me. Always efficient, courteous, professional and make it effortless on my part.

Kevin M.

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