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Safe as Houses: A Real-Estate Play

By Sham Gad

About this article:
When it comes to investing, I rarely, if ever, make definitive statements on the economy or the market. But when it comes to real estate and housing, I can say this: I am certain that by this time next year, housing prices will be higher or lower than they are now. Yes, indeed. And it is with 100% confidence in my assessment that I can share with you my preference for one particular segment of the real-estate industry that I think will do well if housing prices are in fact higher or lower next year. You see, this part of the real-estate chain succeeds based on volume of transactions and has nothing to do with the actual pricing of real estate. I am, of course, referring to the business of title insurance. Virtually every single real-estate transaction requires the issuance of title insurance, guaranteeing that the seller is...

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