Get ready for The Great Conjunction!
Posted December 20, 2020 in Real Estate Trends
Tomorrow, Jupiter and Saturn will have their closest encounter since the year 1623, and we hope to see it in the southern evening sky—a Christmas Star! Likewise, 2021 could become the Great Conjunction of a different sort: the moment when great interest rates and the end of the Covid pandemic combine to create a real estate market even better than this years’.
The real estate market in 2020 has been held back only by a lack of sellers. Once we are able to leave the house and get started on plans delayed by the pandemic, 2021 could see these sellers enter the market to meet the steadily-high demand we’ve seen throughout the crisis. Now, instead of disappointed buyers missing out due to competing offers, there may be a higher percentage of buyers able to get an offer accepted and get into their dream home.
In addition to a strong sales market, we expect refinancing to continue to be brisk as many borrowers decide whether to stay put and take advantage of incredibly low interest rates or to upsize or downsize.
Clark County Title is ready to help, whatever you are doing in real estate: buying, selling, or refinancing. Our staff is the best in the business, having mastered title and escrow since our start in 1980. We’re grateful for the continued patronage of the best Realtors and lenders in Clark County as referral sources.
If you have questions or concerns about real estate or title insurance, please call! If we don’t know the answer, we can refer you to one of the many local experts in all areas of real estate to get you the information you need.
Clark County Title wants to be part of your real estate success. We sincerely thank the many people that have entrusted us with their transactions this year and wish you and yours a Merry Christmas, Happy Holidays, and a virus-free New Year!
From your friends at Clark County Title,