FCBR’s REALTOR & Consumer Advocacy Department helps to ensure the success of our members via the 4 “I’s”- Involvement, Investment, Information, & Influence. Our Advocacy efforts are predicated on meaningful Community Involvement, Investment in key organizations, trustworthy local real estate Information, and effective Influence on local public policy.           

Key committees/task forces of this department include Government Affairs, REALTOR® Political Action Committee, Community Outreach, CARHOF, Linda Norton Good Neighbor Scholarship Fund, Public Relations, & Monthly Market Information.

To learn more about this department and its related activities please contact Department Director Clint Skutchan at 402-0852 or clint@fcbr.org.

REALTOR & CONSUMER ADVOCACY DEPARTMENT INFO

 

End of the Year 2014 Housing Report: The Year of the Increasing Home Price

 

New Listings were down 13.3 percent for single family homes but increased 103.1 percent for townhouse-condo properties. Pending sales clocked in at 165 for single family homes and 50 for townhouse-condo properties.

The Median Sales Price was up 23.8 percent to $318,000 for single family homes and 19.8 percent to $223,144 for townhouse-condo properties. Months Supply of Inventory stood at 1.5 for single family units and 1.3 months for townhouse-condo units.

Interest rates remained lower than anyone expected for the entire year. That trend snowballed with solid and accelerating private job growth to empower more consumers to buy homes. This coupled nicely on the governmental side with mortgage debt forgiveness and interest deduction preservation. Student loan debt, sluggish wage growth and a lack of sufficient mortgage liquidity still remain hurdles to greater recovery. That said, Colorado has an economy that's
the envy of most states and is well-positioned for continued recovery in 2015.

A comprehensive Housing Report from the Fort Collins Board of REALTORS® outlining the latest market reports for single family and multi-family housing in the greater Fort Collins Area. Residential Market Statistics for single family detached and attached homes provided by IRES. Please note that IRES no longer includes "to be built" and "under construction listings.

For more information please visit www.fcbr.org/HousingReports or call 223-2900

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Is Your Home Healthy? By: Emily Wilmsen

Radon is a cancer-causing, radioactive gas that is odorless, colorless and has the potential to be a huge problem in homes throughout Colorado. According to the Colorado Department of Public Health and the Environment, all of Colorado falls into the highest potential for elevated indoor radon levels based on such factors as indoor radon measurements, geology, soil permeability and foundation type.

Fort Collins: Climate Action Plan Could Affect Real Estate

Members of FCBR’s Government Affairs Committee were surprised by some of the possible strategies that could be included in the 2014 policy update to the Climate Action Plan. The plan was first adopted in 1999. Its goal is to reduce greenhouse gas emissions by 20 percent below 2005 levels by 2020.

December Housing Report: Finishing out the Year with Higher Pricing & Low Inventory

December Housing Report: New Listings were down 18.6 percent for single family homes and 4.4 percent for townhouse-condo properties. Pending sales clocked in at 207 for single family homes and 45 for townhouse-condo properties. The Median Sales Price was up 11.8 percent to $289,999 for single family homes and 21.2 percent to $202,950 for townhouse-condo properties. Months’ Supply of Inventory stood at 1.8 for single family units and 1.1 months for townhouse-condo units.. Read on for more data, graphs and commentary

Board of Realtors Honors Mayor and Social Sustainability Department for Addressing Housing

The Fort Collins Board of Realtors on Wednesday recognized the City of Fort Collins Social Sustainability department and Mayor Karen Weitkunat with “Housing Heroes” Awards for their efforts to address housing affordability.

This is the first award for the relatively new Social Sustainability department. While this is Mayor Weitkunat’s first Housing Hero award, she was recognized previously by the Board of Realtors in 2007 with a Distinguished Service Award.

“We really appreciate what the city has done and continues to do in the realm of making housing a top priority for our city,” said Paul Hunter, the 2015 Chair of the Board of Realtors.

Mortgage Debt Forgiveness Tax Relief - House

Urge Congress Extend Mortgage Debt Forgiveness Tax Relief
The income tax exemption on mortgage debt forgiven in a short sale or a workout for principal residences expired at the end of 2013. Without immediate action by Congress, distressed homeowners will have to pay tax on “phantom income” from forgiven debt.

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