Could Things Get Any Hotter?!?

Both the weather and the real estate market are sizzling!

Clark County Title closely monitors all aspects of the real estate market, since we’re involved in every category from loans to subdivision  development and sales. With the help of a local company called Data Data Inc., we track statistics that help us identify trends in real estate.

One of the most startling statistics is the number of refinance loans in Clark County in the last 13 months, when compared to May 2019:

May 2019… 573
May 2020… 1876
June 2020… 1812
July 2020… 1774
Aug 2020… 1881
Sept 2020… 1822
Oct 2020… 1947
Nov 2020… 1889
Dec 2020… 1873
Jan 2021…. 1625
Feb 2021… 1784
Mar 2021… 2110
Apr 2021… 1373
May 2021… 1504

* June 2021 numbers are not yet available.

Meanwhile, total real estate sales in Clark County (both new and resale of existing homes) have been steady, with a seasonal dip, for the last 13 months:

May 2019… 1058
May 2020… 765
June 2020… 944
July 2020… 1198
Aug 2020… 1138
Sept 2020… 1286
Oct 2020… 1282
Nov 2020… 1127
Dec 2020… 1167
Jan 2021…. 809
Feb 2021…. 871
Mar 2021… 1064
Apr 2021… 1156
May 2021… 1214

New home sales in Clark County in the last 13 months have also been steady:

May 2019… 215
May 2020… 132
June 2020… 152
July 2020… 213
Aug 2020… 224
Sept 2020… 249
Oct 2020… 216
Nov 2020… 218
Dec 2020… 234
Jan 2020… 188
Feb 2021… 217
Mar 2021…. 244
Apr 2021…. 221
May 2021…. 215

Clark County Title is grateful that we work with the best Realtors, lenders, builders, appraisers, inspectors, surveyors, developers,  contractors, and attorneys in Clark County. Thanks to all of these professionals for their hard work and continuing support. We appreciate being a part of your team, and look forward to seeing more of our customers face to face!

Clark County Title is ready to make this summer a great season to buy, sell, or refinance for you and your clients.

Please call our friendly, professional staff—we’re open, ready and happy to help!
From your friends at Clark County Title,
Scott