EIC News & Events
Save the Date!
2010 Spring Conference
April 23 - 25, 2010
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Temecula Creek Inn, a Southern California Golf Resort nestled in the heart of Wine Country.
Temecula Creek Inn is located inland from the scenic Southern California coast, in the heart of Southern California's wine country. Come and enjoy the soft rolling hills, light fragrant air, easygoing atmosphere and genuine hospitality that brings our Guests coming back to Temecula Creek Inn year after year. View much more at their website: www.temeculacreekinn.com
REGISTRATION FORM, and Golf Tournament Information is available on the EVENTS page.
2010 Conference Sponsors
(so far...)
Platinum
Citizens Business Bank
First American SMS
RBJ Computer Systems, Inc.
Gold
Bank of the West
Silver
Rammell & Company
Calling all sponsors. There's still time to sign up.
Click on the Circles below.
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Check all info about the Spring Conference HERE
October 13, 2009
"Buyer's Choice Act" (AB 957/Galgiani) Signed into Law

Governor Arnold Schwarzenegger is joined by Assemblywoman Cathleen Galgiani (center) author of AB 957 and other state legislators to sign legislation to protect California homeowners and homebuyers at the Merced Civic Center.
The Escrow Institute of California announced today that Governor Schwarzenegger signed Assembly Bill 957 into law. This bill protects consumers by ensuring that they have the right to choose their own real estate service providers when purchasing foreclosed properties.
READ THE ENTIRE PRESS RELEASE
EIC writes a letter to the Governor:
Dear Governor Schwarzenegger
...
Read the ASSEMBLY BILL No. 957
"Banks Benefit From Foreclosure Opportunity; Buyers Required To Pay Unnecessary Fees” (KCRA.com, March 11, 2009)
Stockton Record, July 31, 2009: “City ranks 5th in foreclosures; Stockton ranked No. 1 from July 2007 to July 2008”
Merced Sun-Star, June 10, 2009: “Galgiani's title bill on its way to state Senate”
NPR’s Map of foreclosure rates, by county and across the nation.
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EIC Member Locator
Interested in finding a qualified escrow representative in your neighborhood?
Click on a blue button below to find EIC members located near you.
Escrow Institute Affiliates
Let's support our affiliates! You can download a list with linked website and email addresses HERE
Become an EIC Member Today!
The EIC offers its members ongoing programs of professional meetings, educational seminars, and direct mailings about topics of importance to the escrow industry, making our members among the most knowledgeable in the real estate business. Please download the following application forms:
MEMBER Application
ASSOCIATE Application
For information about the escrow process, read more in the Consumer Tips section of our website or call the EIC hotline at (800) 3-ESCROW or (800) 337-2769.
General Meetings
2010 Meeting Dates
Mark Your Calendars!
- March 11
- 2010 Spring Conference: April 23 - 25
- July 8
- September 9
- November 11
Meetings will all be at The Grand - Long Beach Event Center in 2010. Go the the Events area for more details.
All meetings begin with:
6:00 p.m. - Registration
6:45 p.m. - Dinner with program following
News from the NRA
WASHINGTON, December 30, 2009
At the beginning of the 21st century, most home buyers had never viewed a home online; the three top home sale marketing methods were yard signs, newspaper ads and open houses; and nearly nine out of 10 buyers financed their purchase with a fixed-rate, 30-year mortgage. What a difference a decade makes.
In 1999, buyers who went online in search for a home were in the minority – only 37 percent of buyers used the Internet in their home search, according to data from the NAR Profile of Home Buyers and Sellers. Today, 90 percent of buyers are searching online, and the real estate industry has responded. Sites like REALTOR.com, which attracts nearly 12 million total visits every month, have evolved to gives today’s buyers what they want – not just property listings, but multiple photos, online videos, mapping features, and comprehensive neighborhood information, as well.
Median home values over the past decade have increased more than 25 percent, from $137,600 in November 1999 to $172,600 in November 2009 (the most recent existing-home data available). Fewer people are buying detached, single family homes – 82 percent in 1999 compared to 78 percent in 2009 – but more people are buying homes in suburban neighborhoods – 46 percent in 1999 compared to 54 percent today.
Buyers themselves have also changed. A smaller proportion of married couples are buying homes these days; while married couples comprised 68 percent of all home purchases at the beginning of this century, they represent 60 percent of all buyers today. Single men and women have made up the difference – single men purchased 10 percent of all homes last year, compared to only 7 percent 10 years ago. Single women now represent more than one-fifth of all home buyers – 21 percent, up from 15 percent in 1999.
Other things haven’t changed. The median age for home buyers last year was 39, just as it was in 1999. Neighborhood quality, affordability, and convenience to work and school have consistently been top priorities for both past and present buyers. And eight out of 10 recently surveyed consumers believe that owning a home is an investment in their future.
Watch Our Video

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