Orlando, Fla. (PRWEB) January 27, 2014
South Orlando is the newest location for a North American Title Co. (NAT) office, joining existing central Florida offices in nearby Maitland and Clermont.
“We are very excited about the expansion into the South Orlando area, as this will give us a larger presence in the Orlando market and better serve our customers’ closing needs,” said Marilyn Olliver, NAT central Florida division manager. “We are also happy that Carol Smith-Prenitzer has joined our North American Title team as branch manager and Tammy Strauch as business consultant in the office. Both are licensed title agents with over 20 years of experience in the title industry.”
With foreclosures and short sales dropping and “normal” home sales “skyrocketing” in 2013, the Orlando Regional Realtor® Association expects the housing market in the coming year to see healthy increases in home inventories balance with continued strong buyer demand. Overall for the year, 30,645 homes were sold, an increase of 6.54 percent over 2012 sales – but normal sales increased a whopping 41.90 percent. The year-end median price increased to $149,625, which was a 23.66 percent jump from the 2012 median price of $121,000.
Orlando’s economy benefits from its global tourism industry that saw a record 57 million visitors in 2012. The city also has a strong biotechnology industry and is home for the University of Central Florida, the nation’s second-largest university.
The South Orlando North American Title office opened on Jan. 6. It is located at 5900 Turkey Lake Road, Suite C, Orlando, FL 32819, (just west of Universal Studios in Orlando), telephone number (407) 363-0922.
About North American Title (NAT)
With well over 1,000 associates and a vast network of branches from coast to coast, North American Title 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 17 of the fastest-growing states: Arizona, California, Colorado, Delaware, Florida, Illinois, Indiana, 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