The June 2011 MLS statistics will be released on Tuesday morning, and here are some quick takeaways: Houston home sales rose for the second time this year in June, with the average price reaching an all-time high and the median price achieving the highest level in nearly two years. The sales increase reflects the slowdown in home purchases that set in a year ago following expiration of the home buyer tax credit. The credit triggered a surge in home buying during the spring of 2010 that resulted in slower sales volume during the remainder of that year. The average price of a single-family home rose 3.7 percent from June 2010 to a record high of $228,650. The June single-family home median price increased 2.2 percent year-over-year to $161,000. June sales of single-family homes edged up 0.6 percent versus one year earlier. That represents the first increase since January when sales volume rose 8.4 percent. For more detailed information, please visit for this release and all other news releases. June MLS Sales Statistics

All current HAR members should have received an with your unique ballot link to vote in the 2012 HAR Board of Directors election, which runs through 5 p.m. on Monday, August 1. Only one vote per address is allowed, and any member in good standing whose dues have been paid as of July 1, 2011 may vote in the election. If you have not received the , please check your Spam /Junk Mail Folder. Look for an from BigPulse – HAR Official Ballot. If you cannot find the , you may request that it be resent to you by going to From that page, you will be able to enter your address to request the ballot. You may also visit to learn more about the candidates before voting. If you have any questions, please contact Rozlynn Crew at or ext. Voting for the 2012 HAR Board of Directors Election Has Begun

Weekly HAR Market Stat For the current reporting week, and at the height of the summer real estate season, buyers posted increased activity levels compared to the same week last year. Sellers, however, fell behind year-ago levels for the time being. At this mid-year juncture, it's a good time to check in on year-to-date figures to see how 2011 is measuring up. In the Houston region, for the week ending July 10: New listings decreased 16.1% to 1,772 Pending sales increased 31.9% to 1,145 Closed sales decreased 2.1% to 640

Register Online at Questions? ext. 6 Do You Know the Basics? Leasing 101 Understanding the Basics of Leasing Date: Wednesday, July 27 Time: 9 a.m. – 4 p.m. Location: HAR Central Investment: $39 Students will learn how to adequately represent landlords and tenants and be taught how to use forms associated with applying for lease agreements.