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Alliance-Title-Email-MMC-NewYearPlanning-Dec-2016

Housing forecasts for 2017 indicate that we have a busy year ahead.

Alliance Title’s tools and information services can help you capture this business. From prospecting needs to proximity searches, we offer reports and resources to help you grow your business.

          • Property Information
          • Listing Packages
          • Prospecting Lists
          • Foreclosure Reports
          • Closing Cost Calculator
          • Net Sheets
          • Plat Maps and CC&Rs
          • HOA Information

and more…

Contact your Alliance Title representative to help with your New Yare planning!

Posted in Monthly Marketing

Upcoming Continuing Education Course – December 13th in Coeur d’Alene, Idaho

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An Overview of the Title and Escrow Process continuing education class, IREC course E0341, will be held December 13, 2016 from 9:00 am to 11:00 am at:

Alliance Title & Escrow Corp.
2157 N Main St.
Coeur d’Alene, ID 83814
208-667-3402

The course fee is $10 and 2 CE elective credit hours will be offered. Seating is limited. To register, click here or contact your local Alliance Title branch.

Posted in Alliance News, Development

Employee Spotlight – Stephanie Olson

Stephanie Olson – Escrow Assistant, Idaho Falls, Idaho

Stephanie Olson – Escrow Assistant, Idaho Falls, Idaho

Stephanie Olson is the Escrow Assistant for Escrow Officer Shannon Croft in our Idaho Falls, Idaho office. While she has only been with the company for 7 months, she has proven to be a quick study when it comes to learning about the escrow industry. What she enjoys the most about what she does is working with customers, helping them to feel at ease throughout the closing process.

Teamwork is Stephanie’s favorite Alliance core value. She said, “I rely a lot on those I work with to get the training and help I need to do my job. Teamwork is essential in business, and if we all work together, we can reap the benefits.”

When Stephanie is away from the office, she loves spending time with her family. She and her husband have 3 daughters and 1 son. They all like to be outdoors, hiking and riding ATVs. Stephanie’s other interests include cooking and reading.

Posted in Employee Spotlights

Upcoming Continuing Education Course – December 8th in Meridian, Idaho

CE

An Overview of the Title and Escrow Process continuing education class, IREC course E0341, will be held December 8, 2016 from 8:30 am to 10:30 am at:

Alliance Title & Escrow Corp.
2965 E Tarpon Dr., Ste. 180
Meridian, ID 83642
208-846-8558

The course is free and 2 CE elective credit hours will be offered. Seating is limited. To register, click here or contact your local Alliance Title branch.

Posted in Alliance News, Development

NAR Forecasts Existing-Home Sales and First-Time Homebuyer Activity

alliance-title-NAR-Shares-Their-2017-Forecasts-for-Existing-Home-Sales-and-First-Time-Homebuyer-Activity

During the 2016 REALTORS® Conference & Expo this year, the National Association of Realtors (NAR) Chief Economist Lawrence Yun presented his 2017 housing and economic forecast. In particular, Yun addressed his predictions for existing-home sales and first-time homebuyer activity.

Job gains, increases in household formations, and more Millennials entering the market were cited as the motivating factors that will modestly increase existing-home sales now and in the coming years. Yun said he anticipated 2016 to be the best year for existing-home sales since 2006, ending at about 5.36 million sales. He stated, “The gradually expanding economy, multiple years of steady job creation and mortgage rates under 4 percent all contributed to sizable interest in buying a home this year. However, it’s evident that demand and sales slightly weakened over the summer as stubbornly low supply limited buyers’ choices, accelerated price growth and hindered some consumers’ belief that now is a good time to buy.”

Nevertheless, Yun went on to forecast existing-home sales to grow around 2% (5.46 million) in 2017 and then jump another 4% to around 5.68 million in 2018. He said, “NAR surveys from both current renters and recent buyers prove that there’s an overwhelmingly strong desire among the younger generation to own a home of their own. The housing market over the next couple of years should get a big lift in demand from these new buyers. The one caveat is it’s essential that there’s enough new and existing supply at entry-level prices for them to reach the market.”

To read more about the NAR’s forecasts pertaining to housing inventory supply, mortgage interest rates, and the overall US economy, visit http://bit.ly/2ffFue9.

Posted in Business News, Eastern Idaho Business News, Mountain Home Business News, North Idaho Business News, Treasure Valley Business News, Twin Falls Business News

Economic Growth in Idaho MSAs Exceeds the National Average

alliance-title-Economic-Growth-in-Idaho-MSAs-Exceeds-the-National-Average

Since 2001, the National Association of Home Builders (NAHB)/First American Leading Market Index (LMI) has been used to identify “markets that are now approaching and exceeding their former normal levels of economic progress” on a quarterly basis. The three key components they use to measure economic health and growth for the entire country and approximately 340 metropolitan statistical areas (MSAs) includes employment, single-family building permits, and home prices.

The results of the 3rd quarter 2016 LMI showed the nationwide index score was 0.98, indicating that national economic and housing activity is averaging at 98% of normal. This was a slight increase from the previous quarter when the nationwide score was 0.97. NAHB Chairman Ed Brady attributed the positive growth trend to low mortgage rates, a strong labor market, and increased incomes.

In Idaho, the Boise City (1.09), Coeur d’Alene (1.14), Idaho Falls (1.12), and Pocatello (1.27) MSAs each scored higher than the national average, meaning that they surpassed their “most recent period of normal economic growth.” Since the beginning of 2016, the same MSAs have consistently scored higher than the national average and have shown a steady increase on a quarterly basis. To read the full report, visit http://bit.ly/2fD3oyJ.

Posted in Business News, Eastern Idaho Business News, Mountain Home Business News, North Idaho Business News, Treasure Valley Business News, Twin Falls Business News

Did you know that 98%* of our customers rated our branch facilities as good or excellent?

Here is what else our customers are saying…

They made the process quick, easy and stress free for us. Explaining everything as much as we needed. – Marla A. & Emmitt J.

Lynnette Miller was great! – Christian & Erin L.

Milli Gabettas was great. – Tyson & Mary H.

Was never in your offices. Timely service. – Paul H.

Jessica Crofts rocks! – Heidi E.

We think you guys are great. – Christopher & Ashley K.

Dan and I needed to have everything completed electronically or by mail because we had already relocated from Post Falls. Kellie Sweeney took care of everything quickly and efficiently so that the process was easy as well as professionally completed in a timely manner! – Dan & Gretchen F.

Easy, quick experience. Thank you. – Dennis & Beverly F.

Jennifer Upton was great to work with. She was very professional, informative and a joy to work with. I will definitely be working with her again. Thank you! – Heather M.

Our escrow officer, Lynnette Miller, at the Sandpoint, Idaho branch was wonderful. She went beyond the call of duty to keep in touch with us. She explained every detail always with a smile on her face and in her voice. She was a lifesaver during the days leading up to our crazy closing. – William & Barbara F.

My closing agent was absolutely fabulous. She was fast but very, very efficient. I felt comfortable throughout the entire process. Everything was clearly explained to me. Fabulous. – Heath & Brooke C.

Teri Patterson is the best! – Matthew & Karen K.

Jeanne Fagg was wonderful! Great with questions before and after closing. Thank you! – James & Jennifer S.

Extremely friendly and professional. Best closing ever. – Jerry & Chun A.

*Based on customer satisfaction survey responses.

Posted in Alliance News, Human Interest

What Every Real Estate Agent Should Know About Owner’s Title Insurance

Alliance-Title-Email-MMC-ALTA-HOP-Nov-2016

MAKE SURE ALL OF YOUR CLIENTS ARE PROTECTED

You’re a real estate agent, so you know that buying a home can be overwhelming for your clients. Homebuyers can feel confused and frustrated by the mounds of paperwork they have to sign. Plus, the fees associated with closing can sometimes be overwhelming even to an experienced buyer.

Owner’s title insurance is one of those items often misunderstood by homebuyers at closing, yet its value is tremendous. As an important advisor to your clients, you are in a position to help homebuyers understand the benefit of owner’s title insurance and the dangers that can be incurred without it.

WHAT IS TITLE INSURANCE

Owner’s title insurance is a policy that protects homebuyer’s property rights. For the same reasons the bank requires a lender’s insurance policy, the homebuyer obtains owner’s title insurance to protect against possible claims against the title.

HOW IT PROTECTS

Say, for example, your client recently purchased a home and there was a homeowners association (HOA) lien previously filed against the property that wasn’t paid through closing. Wanting to be paid, the HOA contacts your client for payment. Without a title insurance policy, your client could be responsible for paying this existing debt. This is just one example of how owner’s title insurance protects homebuyers from various financial risks. There are extended and expanded policies as well as endorsements available to homebuyers at minimal incremental costs that provide additional coverage. These are often purchased for protection and peace of mind in situations that involve new construction, encroachments or other potential non-record matters.

ENDURING VALUE

The good news is that owner’s title insurance protects homebuyers financially, as long as they own their home. For a low, one-time fee, homebuyers can rest assured, knowing they are protected against possible debts or claims to their property.

Reach out to your local Alliance Title representative to learn how we can help protect your clients with owner’s title insurance.

For informational purposes only. Source: American Land Title Association

Posted in Monthly Marketing

Meet Our Nampa, Idaho Branch

Back row, left to right: Teri Patterson, Shannon Loux, Tara Lehman, Marisela Pesina, Ashley Houweling, Dennise Davidson and Stacy Woods. Front row, left to right: Miraiah Acosta and Star Nieves. Not pictured: Cheree Bartram and Kylan Ross.

Back row, left to right: Teri Patterson, Shannon Loux, Tara Lehman, Marisela Pesina, Ashley Houweling, Dennise Davidson and Stacy Woods. Front row, left to right: Miraiah Acosta and Star Nieves. Not pictured: Cheree Bartram and Kylan Ross.

Alliance Title’s team members in Nampa, Idaho are a true reflection of the community they serve. Down-to-earth and hardworking, these individuals share a strong sense of family. They are a close-knit group that shares 75 years of combined work experience in the title and escrow industry. Over the years they’ve worked together, they have cultivated confidence and trust in each other and have built wonderful lasting friendships.

The Nampa team is passionate about what they do, sharing a strong sense of teamwork that shows in their willingness to help each other achieve the same goal – to provide superior service. They are always willing to go the extra mile to help their valued clients and customers, and their caring nature shows in everything they do.

What keeps their work interesting is the diversity of people they interact with. Every day, they help real estate agents, lenders, buyers, and sellers. And just as each individual they encounter is unique, so too are each of the transactions they facilitate. Indeed, no two days are exactly the same for this team. Not only do they love their work, they are impassioned about giving back to their community.

In particular, the Nampa team is a big supporter of the Stampede for the Cure, raising money for free mammograms in the Treasure Valley. They also participate in the Festival of Trees for Meals on Wheels, and they help with the annual school supply drive and other initiatives for the Salvation Army. Every year, the Nampa staff holds their ‘Closing the Hunger Gap’ food drive, which benefits The Idaho Foodbank and their affiliate partners.

In addition to their full plates in the office and in the community, the Nampa team members lead rewarding personal lives. All of them enjoy outdoor activities. Business Development Representative Stacy Woods coordinates placement for students that study abroad and she sits on the Homedale, Idaho school board. Escrow Assistant Tara Lehman volunteers to coordinate the annual father and son banquet for her church. Finally, Escrow Officer Marisela Pesina is an ordained minister and she performs weddings for the local community.

The Nampa, Idaho branch welcomes the opportunity to provide title and escrow services for your next real estate transaction!

Phone: 208-465-6600

Fax: 208-465-6603

Email: nampa@alliancetitle.com

Address: 1005 W Sanetta St., Nampa, Idaho 83651

Posted in Branch Spotlights

Are Millennials Impacting the Housing Market More Than We Think?

alliance-title-are-millennials-driving-the-housing-market-more-than-we-think

As the largest living generation in our nation, there is much discussion about Millennials (individuals between the ages of 18 to 34) and their impact on today’s housing market. When the Zillow Group administered an online survey to 13,429 consumers to gain a better picture of the US residential housing market, they discovered some surprising information about this generation.

According to the Zillow Group, the survey results found that half of today’s homebuyers are under the age of 36 with Millennials making up 42% of all homebuyers in today’s market. Indeed, 56% of first-time homebuyers were Millennials with a median age of 33.

They also found that this generation of homeowners was more diverse than previous generations accounted for in the survey. Seventy-seven percent of the all of the homeowner respondents identified themselves as white, whereas only 66% of Millennial homeowners said they were white. Seventeen percent said they were Hispanic or Latino while African-American and Asian or Pacific Islander respondents accounted for 10% and 7% of all Millennial homeowners, respectively.

Another surprise reported by the Zillow Group was 47% of Millennial homeowners said they live in the suburbs. While a third of Millennial homeowners said they live in urban cores, those who chose to live farther out did so because of cost. To find more insights about the Millennial generation’s housing preferences from Zillow Group’s survey, visit http://www.zillow.com/blog/trends-zillow-group-research-206775/.

Posted in Business News, Eastern Idaho Business News, Mountain Home Business News, North Idaho Business News, Treasure Valley Business News, Twin Falls Business News

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