John Stegner
In this issue: 
Market Happenings
What to do in NoCo

The Impact of COVID-19 on Real Estate So Far

"The Resurgence of Covid-19 cases has forced us once again into more restrictions on showings and open houses – nevertheless, Buyers are out in full force this fall/winter, encouraged by very low mortgage rates. However, we are dealing with an extremely low inventory of affordable housing."


New Valuable Added Service - ePropertyWatch

We are making this new 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 19.1 percent for single family homes but increased 2.1 percent for townhouse-condo properties. Pending Sales landed at 216 for single family homes and 83 for townhouse-condo properties.

The Median Sales Price was up 11.0 percent to $466,250 for single family homes and 16.5 percent to $318,500 for townhouse-condo properties. Days on Market decreased 14.7 percent for single family homes and 43.7 percent for townhouse-condo properties.

The Mortgage Bankers Association’s January research estimates approximately 2.7 million homeowners with mortgages are currently in forbearance plans. Some of these homes may eventually come to market, but given the strong appreciation in most market segments in recent years, these eventual home sales are likely to be mostly traditional sellers. However, a modest increase in short sales and foreclosures at some point this year would not be surprising."

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 town's 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.
What to do in NoCo:

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