Texas Title Companies
Because Texas is a largely rural area many Texas title
companies have dealt with land titles. However, Texas has had its share
of real estate booms and busts in cities as well. Title companies’
stories have paralleled the stories of Texas real estate developments.
In the 1980s many Texas title companies experienced a roller coaster
ride. As the oil industry grew and Dallas became a center for technology
and real estate boomed. However, in the mid-to-late 1980s, many financial
institutions suffered during the savings and loans crisis which caused
a collapse in plans for hundreds of real estate structures.
Because Texas title companies' profits are closely tied to the sales
of real estate, title companies saw their worst fears realized. Later
they saw a tremendous amount of business during the more recent real
estate boom. However, the housing bubble has recently burst again and
companies that deal strictly with Texas real estate have a hard time
in front of them.