Naples, FL (PRWEB) October 23, 2013
The North American Title Co. (NAT) office in Naples, Fla., has moved to expanded space located in a more central area of the city.
“Our new office is in an attractive, newer building in an excellent location within one mile of Pelican Bay,” said Mary Orme, Southwest Florida division manager, North American Title. “Moving also gives us the opportunity to grow our space and take advantage of the increased business we’ve experienced. Naples real estate has been on a strong upward trend for the past two years.”
According to the Naples Area Board of Realtors® (NABOR), the area’s real estate market has seen its median price rise for the 14th consecutive month. Condominium sales in the Naples market have shown exceptional strength, especially those in the range of $1 million to $2 million, with a 53 percent increase in sales for the 12-month period ending August 2012 – from 173 units to 264 units.
NABOR said in its Sept. 20 market report that closed sales increased 15 percent, from 1,750 units to 2,019 units for the 12-month period ending August 2013. It cited new construction and national chain interest in the Naples area as two market indicators contributing to steady sales, in addition to the increase in the median sales price.
The North American Title office currently houses 10 staff members and handles both residential and commercial title and settlement services. The Naples branch is located at 1421 Pine Ridge Road, Suite 110, Naples, FL 34109, telephone number (239) 593-8803.
About North American Title Company
With well over 1,000 associates and a vast network of branches from coast to coast, North American Title Company (NAT) is among the largest real estate settlement service providers in the United States. Consisting of both agent and underwriter operations, NAT has the resources and stability of a New York Stock Exchange company with over $10.3 billion in assets (fiscal quarter ending Nov. 30, 2012). North American Title’s agency network operates nationally under the name North American Title Co. (NATC), and is located in 15 of the fastest-growing states: Arizona, California, Colorado, Florida, Illinois, Maryland, Minnesota, Nevada, New Jersey, New York, Pennsylvania, Texas, Utah, Virginia and Washington, D.C. Through our relationship with our expanding affiliate network, NATC provides real estate settlement services in all 50 states. With annual gross revenues in fiscal 2012 of approximately $200 million, NAT is among the largest independent title agencies in the United States. NAT is headquartered in Miami, Fla. To learn more, visit http://www.nat.com