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Real Estate Trends: Refinancing Increases!

Posted June 7, 2020 in Real Estate Trends

Scott Hogan, Clark County WA real estate agent

Refinancing is way up. Sales are relatively steady. Want details? Keep reading.

Clark County Title closely monitors all aspects of the real estate market, since we are 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. Here are those numbers:

Number of refinance loans in Clark County the last 13 months (May numbers are not yet available):

April 2019                      476

May 2019                      573

June 2019                      610

July 2019                       870

August 2019                  955

September 2019          1168

October 2019               1211

November 2019           949

December 2019           983

January 2020                829

February 2020              971

March 2020                  1506

April 2020                      1800

Total real estate sales in Clark County for the last 13 months:

April 2019                      875

May 2019                      1058

June 2019                      1072

July 2019                       1114

August 2019                  1167

September 2019          950

October 2019               945

November 2019           867

December 2019           956

January 2020                679

February 2020              682

March 2020                  861

April 2020                      741

 

New home sales in Clark County in the last 13 months:

April 2019                      171

May 2019                      215

June 2019                     192

July 2019                       184

August 2019                  194

September 2019          168

October 2019               166

November 2019           182

December 2019           199

January 2020                151

February 2020              152

March 2020                  214

April 2020                      133

In summary, we’ve been very busy closing transactions despite the virus but, like everyone, we’re anxious to get back to normal. If you’re active in any aspect of real estate, we want to be part of your team. Please call our friendly, professional staff—we’re open and happy to help!

Stay healthy! From your friends at Clark County Title,
Scott

Scott Hogan
Clark County Title
Scott@ClarkCountyTitle.com

360-694-4722
1400 Washington St, Ste. 100
Vancouver, WA

360-787-9197
3200 SE 164th Avenue, Ste. 219
Vancouver, WA 98683