A flurry of surveys about how the pandemic has changed buying habits dropped last month, contributing to a growing body of evidence that the housing market is nothing like it was even a year ago.
The Treasure Valley housing market has smashed every expectation for yet another month, and I am in the very weird place of sounding like a broken record of optimism.
Talk to people in the Treasure Valley commercial space and you’ll sense a giant elephant in the room. The fact is, we just don’t have a concrete idea of where the market is going to head next.
We don’t say this lightly: The newest addition to our already successful tool, startSafe, is a game changer. Starting soon, you’ll be able to deposit earnest money in seconds using a mobile app — just like you do for your own checking account. It’s simple. It’s intuitive. And it’s about to save home buyers and sellers a whole lot of hassle.
After months of uncertainty, it is time to get excited! We are busier at Fidelity National Title than we have ever been, and that’s great news — it means our market has made an almost immediate bounceback from the slowdown this spring.
It’s almost surreal to look back at the way I was living my life in February and early March. My family and I were constantly on the move — not only was I busy with work, but my wife was busy handling the packed schedules of five kids. Our lives were a nonstop race to the next event, the next deadline, the next goal.
When we were planning this newsletter, I thought I would write about current market conditions. But, as you know, the only thing we can be certain about right now is uncertainty. (Don’t worry, I promise this column won’t be all doom and gloom.)
We’re almost to the end of another Idaho Legislature session, and our lawmakers are still considering several bills that could have major impacts on our industry. We’ll walk through the basics of those bills in just a moment, but before we do, I’d like to extend a friendly reminder.
Did you know that the Fidelity National Title family of brands is the largest underwriter in the world? An astounding seven of every ten transactions close with one of our many underwriting brands. Part of the reason is that we’re one of the few title companies that also insure products — even if you close with another company, odds are we’re your underwriter.
We’re thrilled with our new Fidelity 24/7 tool — not just because it solves a problem our customers posed to us, but because it’s so easy to use. Fidelity 24/7 gives our clients instant access to a database connected to the county recorder’s office. From there, you can find just about anything you might find in a typical listing package.