Due to price-fixing by the state, title insurance in Texas costs $2,663 for a $300,000 home, the fifth highest cost in the nation; $703 above the median price of states with lower prices. 84% of the cost goes for expenses and profit.
A Housing Harbinger
The following commentary is published on Thursdays as part of TPPF’s subscriber-only newsletter The Post. If you would like to subscribe to The Post, click here. Housing affordability in Texas is reaching a crisis, if it’s not already here. In a new TPPF/WPAi poll, 83% of Texans say there is currently an affordability crisis in the...