The NoCo Real Estate Market is undergoing some significant changes that both sellers and buyers need to know about and understand. Sellers have lost their overwhelming advantage in terms of marketing and selling their homes. Inventory has grown and price reductions are becoming more common. 

Homes are not selling within hours anymore - many are sitting on the market and generally the time it takes to sell a home is taking longer. Pricing a home right is extremely important - overpricing costs a seller significantly both in terms of time and the final sales price they eventually get.   Sellers are more willing to accept contingency offers and are even offering seller concessions.  Discerning buyers are looking more closely at condition and quality of the homes too.

If you are a buyer or seller and would like us to help you better understand these rapidly changing conditions please contact us. 

This amazing 32.5-acre property sits in a beautiful location just south of the top of Risk Canyon. The property is located next to a huge private ranch and other large acreages. It is situated in such a way that its seclusion will never be encroached upon.  This is more than just a property – it offers a unique way of life.

Check out this drone footage we put together for the property:

Amenities on the Property:

• ·      No HOA

  ·      Recent Survey

  ·      Beautiful Year-Round Fountain in Front Yard

  ·      Wonderful Panoramic Views in all Directions - Multiple Public 4th of July Fireworks are Visible 

  ·      Several Roughed In Walking Trails

  ·      2500 Gallon Cistern Covers All Your Water Needs.

  ·      Horse Facilities

  ·      Ample Opportunity for Horseback Riding and ATV Adventures and Hiking.

  ·      Barn has 20 Amp Service and Water –Two Fenced Corals & Other Partially Fenced Areas

  ·      40X40 Fully Heated Shop with 150 Amp Service and 220 Amp Commercial Outlets. New Exterior LED Commercial Lighting & New Walk Though Door on Shop

  ·      Several Outdoors Areas Designed to Enjoy the Sunsets, Sunrises and Stars.

  ·      Year-Round Spring Fed Stream

  
  

Amenities of the Home:

$60,000 of Remodeling Improvements Made in the Last 6 Months!

• ·      Spacious Open Floor Plan

  ·      Beautiful Wood and New Tile Flooring

  ·      New Carpet

  ·      Beautiful Stacked Natural Stone on Many Walls

  ·      2X6 Construction – Metal Roof

  ·      Great Southern Exposure Provides Wonderful Passive Solar Heat. New ceiling fans. 2 New Patio Doors.

  ·      Commercial Like Kitchen with Cherry Cabinets and an Extraordinary Gas Range, Two Dish Washers & New Instant Sink Hot Water Heater.

  ·      3 Heat Sources – Two Forced Air Furnaces -Main Furnace only 3 years & a Wonderful Very Efficient Wood Stove.

  ·      New Wireless Thermostats

  ·      Studio Apartment with Its own Kitchen -Fridge, Microwave,  New Range & Hood - also a Great Bath.

  ·      Two Bathrooms Recently Remodeled

  ·      Decks and Access to the Outdoors on All Levels

  ·      Oversize Insulated/Heated Two Car Garage

  ·      Potential for Various Studio Uses in an Insulated Room Off the Garage.

•    Hot Tub

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Here is the address: 975 Old Camp Road, Bellvue, CO 80512

Don't miss this amazing opportunity! Come talk to us.

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In This Issue:

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 4.2 percent for single family homes but increased 3.5 percent for townhouse-condo properties. Pending Sales landed at 227 for single family homes and 69 for townhouse-condo properties.

"For more news and a complete review of the latest housing statistics and information compiled by the Fort Collins Board of Realtors click here 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 and select a town listed there and you will be able to see other town's stat too! New Era Ranked #1 in Colorado and #67 Nationally by Real Trends

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 67th overall in transaction sides and 99th in sales volume.

What to do in March

For an extensive list of upcoming events in Northern Colorado check out this link.

The standard definition for a buyer’s market is when it takes more than four to six months to sell the current market’s housing inventory.  A seller's market exists if it would take less than 4-6 months.

The analysis resulting in these numbers is based on the inventory of homes on the market and the current rate of sales.

The answer to this question is very dependent on the price points.

The Price Range and Inventory Number for Northern Colorado are:

·       $300,000 - $400,000 = 0.9 months

·       $400,000 - $500,000 = 1.9 months

·       $500,000 - $750,000 = 2.3 months

·       $750,000 and above = 5.8 months

So, the advantage in the real estate market continues to clearly favor sellers in most of the price ranges.  At $750,000 and above the market starts to approach a more balanced state.

For the buyer who wants to purchase a home, but is waiting for prices to drop should realize that most projections indicate home sale prices will continue to climb modestly in 2019 and inventories will remain low.  However, thirty-year mortgage rates have fallen significantly in the last several months.  Now is clearly the time to buy, because delaying could push that ideal home you want out of your price range as home prices increase and mortgage rates climb back up to previous levels. For a  real time look at current Fort Collins and Northern Colorado home prices and how they have changed over the last 3 years check out this interactive graph.

Please contact us and we will help you find that ideal home you have been dreaming about owning.

In This Issue:

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 4.2 percent for single family homes but increased 3.5 percent for townhouse-condo properties. Pending Sales landed at 227 for single family homes and 69 for townhouse-condo properties.

"For more news and a complete review of the latest housing statistics and information compiled by the Fort Collins Board of Realtors click here 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 and select a town listed there and you will be able to see other town's stat too! New Era Ranked #1 in Colorado and #67 Nationally by Real Trends

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 67th overall in transaction sides and 99th in sales volume.

What to do in March

For an extensive list of upcoming events in Northern Colorado check out this link.

In This Issue:

Market Happenings
What to do in March in Northern Colorado

Market Happenings

According to the Fort Collins Board of Realtors: 

"New Listings were up 19.9 percent for single family homes and  17.1 percent for townhouse-condo properties. Pending Sales  landed at 189 for single family homes and 62 for townhouse-condo properties. 

The Median Sales Price was up 6.8 percent to $400,370 for single family homes and 2.6 percent to $277,000 for townhouse-condo properties. Days on Market decreased 10.2 percent for single family homes but increased 58.3 percent for townhouse-condo properties.

While the home affordability topic will continue to set the tone for the 2019 housing market, early signs point to an improving inventory situation, including in several markets that are beginning to show regular year-over-year percentage increases. As motivated sellers attempt to get a jump on annual goals, many new listings enter the market immediately after the turn of a calendar year. If home price appreciation falls more in line with 
wage growth, and rates can hold firm, consumer confidence and affordability are likely to improve

"For more news and a complete review of the latest housing statistics and information compiled by the Fort Collins Board of Realtors click here 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 and select a town listed there and you will be able to see other town's stat too! New Era Ranked #1 in Colorado and #67 Nationally by Real Trends

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 67th overall in transaction sides and 99th in sales volume.

What to do in March

For an extensive list of upcoming events in Northern Colorado check out this link.

Super proud of our son John and all his agents in the New Era Group! Last year the Group helped over 500 clients with their real estate transactions which made 2018 our best year yet! John says "We are just getting started." Please contact us about how we can provide you with our excellent Real Estate Services as you buy or sell a home.  Just Email or call John Stegner Sr at 970-412-1657

In this issue:
Market Happenings
What to do in January in Northern Colorado

Market Happenings

According to the Fort Collins Board of Realtors:

"New Listings were up 12.6 percent for single family homes and 12.3 percent for townhouse-condo properties. Pending Sales landed at 184 for single family homes and 46 for townhouse-condo properties.
 
The Median Sales Price was up 8.0 percent to $405,000 for single family homes and 8.7 percent to $299,000 for townhouse-condo properties. Days on Market increased 4.1 percent for single family homes and 14.1 percent for townhouse-condo properties.

The Bureau of Labor Statistics recently reported that the national unemployment rate was at 3.7 percent. Low unemployment has helped the housing industry during this extensive period of U.S. economic prosperity. Home buying and selling activity relies on gainful employment. It also relies on demand, and builders are showing caution by breaking ground on fewer single-family home construction projects in the face of rising mortgage rates and fewer showings."

For more news and a complete review of the latest housing statistics and information compiled by the Fort Collins Board of Realtors click here 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 and select a town listed there and you will be able to see other town's stat too! 

New Era Ranked #1 in Colorado and #67 Nationally by Real Trends

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 67th overall in transaction sides and 99th in sales volume.

What to do in January

For an extensive list of upcoming events in Northern Colorado check out this link.