Wednesday, July 30, 2008

Here today, gone tomorrow

I was recently introduced to United Title of Texas through a current client. All outward signs of the company seemed to point to a solid and stable company.

Imagine my shock when I read this...United Title of Texas Shuts Down Offices Statewide.

According to reports, its Colorado-based parent company lost its access to lines of credit used to cover operating costs.

I see it as another example of the nation's current economic concern kicking around an otherwise strong Houston real estate market.