John Stegner
In this issue: 
Market Happenings
A Music Video Treat for You
What to do in NoCo

A Measure of this Year’s Coming Market

Home sales are projected to remain strong, but will be held back by a limited supply of homes, higher sales prices, rising interest rates, and the Federal Reserve’s plans to have multiple rate hikes in the new year.

New Valuable Added Service - ePropertyWatch

We are making this monthly service available via email so you have the opportunity to review the estimated value of your home and the current sales of properties like it in your neighborhood. Please contact me - jfstegner@msn.com or 970-412-1657 if you would like to take advantage of ePropertyWatch.
Market Happenings

According to the Fort Collins Board of Realtors:

“New Listings were down 34.7 percent for single family homes and 17.9 percent for townhouse-condo properties. Pending Sales landed at 128 for single family homes and 60 for townhouse-condo properties.

The Median Sales Price was up 25.0 percent to $559,950 for single family homes and 18.4 percent to $375,135 for townhouse-condo properties. Days on Market decreased 29.1 percent for single family homes and 25.7 percent for townhouse-condo properties.
 
Looking ahead, experts anticipate many of the housing market trends of 2021 will continue in 2022, albeit at a more moderate level. Strong buyer demand and inventory shortages are likely to persist over the next year. Home sales are projected to remain strong but will be tempered by the limited supply of homes, higher sales prices, and rising interest rates, with the Federal Reserve planning multiple rate hikes in the new year. Price growth is expected to slow somewhat as a result, but affordability will likely remain a top constraint for some homebuyers."


For more news and a complete review of the latest housing statistics and information compiled by the Fort Collins Board of Realtors click this link and download the full report.

Want to get an up to the minute market report on any town in NoCo? 

Check out this page - click on the graph and follow the past and current trends in Fort Collins.

Further, go to our homepage www.tophomesforsaleco.com and select a town listed there and you will be able to see other towns' stat too!  

On behalf of all the agents here at New Era, we are proud to be recognized as the number one producing team in Colorado by Real Trends. On the national stage we ranked 40th in sales volume and 43rd overall in transaction sides. Click here to find out what makes us the #1 team in Colorado.
This Month's Treat – Watch This Music Video by our Granddaughter Mia Stegner
 
One often sees Real Estate eNewsLetters providing subscribers with recipes – usually some type of tasty treat – I would like to offer you a different and unique kind of treat. This is one of the many music videos she created - Mia has also produced 6 albums. Her music is listened to in over 80 countries by thousands of people around the world - Enjoy!!
 
What to do in NoCo:

Finally, for a list of more events in Northern Colorado check out this link!
New Era Group | John Stegner