Automating A Premium Client Experience Throughout The Entire Closing

Pacific Northwest Title of Kitsap County (PNWT) has long been on a path of technology transformation. Through the Digital Advantage, PNWT clients are now able to better serve their existing clients through their transaction while gaining the tools needed to effectively compete for new business. Kitsap knows it’s on a growth trajectory.  In order to […]

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Pacific Northwest Title Gives You the Digital Advantage

In a constant effort to add value to clients, throughout 2019 Pacific Northwest Title of Kitsap County continues to work tirelessly to drive innovation and technology into its core offerings. While change may be challenging, we must stay true to our commitment to fulfill our clients’ needs in the most efficient, secure, and convenient way […]

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The Role of Settlement Agents in the Mortgage Process

Editor’s note: This piece originally appeared in the June edition of MReport. It is no secret that title and settlement agents play a crucial role in the execution of the mortgage closing process. However, as the industry continues its push towards widespread e-closing and e-mortgage adoption, this role is often overlooked. That oversight, or failure […]

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Protecting Customer Data requires a Team Effort

We facilitate the American Dream. From Realtor to the closing desk, we work together to safely and securely house the people and families in our community. This requires a lot of communication and paperwork between us, which is getting increasingly digital. Moreover, we’re communicating details about our clients financial information that, if placed in the […]

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Why the Housing Market Is Slumping Despite a Booming Economy

Home prices are out of reach relative to incomes and mortgage rates. The big question for the economy is how the imbalance adjusts. By: Neil Irwin A sign pointed to an open house in Waukee, Iowa, earlier this year. Housing sales have slowed in recent months. CreditCharlie Neibergall/Associated Press These should be happy times for […]

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Hungry buyers find lean inventory in real estate

Buyers circle new listings like hungry wolves, plucking choice morsels from a skeletal inventory.
“For every house that comes on the market you have four or five buyers waiting for it,” said Frank Wilson, with John L. Scott in Poulsbo. “As fast as they come on, they’re sucked right back off.”

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U.S. homeownership rate drops to lowest Since 1965

The U.S. homeownership rate fell to the lowest in more than 50 years as rising prices put buying out of reach for many renters.
The share of Americans who own their homes was 62.9% in the second quarter, the lowest since 1965, according to a U.S. Census Bureau report Thursday. It was the second straight quarterly decrease, down from 63.5% in the previous three months.

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