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John Stegner
In this issue: 
Market Happenings
What to do in NoCo
Something to Remember about This Year’s Market
The remainder of 2021 will see mortgage rates increase gradually due to the increase in economic spending. We anticipate mortgage rates on a 30-year fixed rate to get to 3.24% by summer,” said Jason Gelios, a top-producing realtor with Community Choice Realty in Southeast Michigan.”
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 25.9 percent for single family homes and 5.3 percent for townhouse-condo properties. Pending Sales landed at 310 for single family homes and 104 for townhouse-condo properties.
The Median Sales Price was up 20.6 percent to $533,718 for single family homes and 27.7 percent to $405,322 for townhouse-condo properties. Days on Market decreased 34.2 percent for single family homes but remained flat for townhouse-condo properties.
With such limited supply of existing homes to purchase, all eyes are on home builders to provide a much-needed boost of inventory to the market to help meet buyer demand. However, increasing material and labor costs, along with supply chain challenges, have contributed to significantly higher construction costs, with builders passing these costs on to homebuyers. And while the warmer temperatures, rising sales prices, and the reopening of the economy may draw more sellers to the market, historically low levels of homes for sale are likely to continue for some time.”
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