In This Week’s “The EDGE” The EDGE Information and news that gives you an edge in the real estate business In This Week’s “The EDGE” • Houston Home Sales Bring Good Tidings in November • Houston Market Movements • How Will Houston Real Estate Fare in 2018? • Don’t Miss Your Launch Window “The Edge” is a weekly tool for managers to use to inform their agents and stay current and up-to-date with important real estate industry issues. Brought to you by the HAR Communications Department.

Houston Home Sales Bring Good Tidings The EDGE Information and news that gives you an edge in the real estate business Houston Home Sales Bring Good Tidings In November HAR will release November 2017 MLS statistics this Wednesday and here is an advance peek at highlights of the monthly report: Home sales across greater Houston extended their post-Harvey rebound with a 7.4 percent increase, as 6,184 single-family units sold. The single-family home median price was statistically flat at $225,725 while the average price edged up about one percent to $284,250 – both record highs for a November. Months of inventory ticked up to a 3.7 months supply from 3.6 months a year earlier – still struggling to replenish following the surge in property demand from Harvey. National housing inventory currently stands at a 3.9-months supply, according to NAR. Single-family home rentals rose 6.8 percent year-over-year while townhome/condo rentals surged 20.1 percent. For more detailed information, please visit the HAR Online Newsroom for this and all other HAR news releases.

Houston Market Movements The EDGE Information and news that gives you an edge in the real estate business Houston Market Movements As 2017 builds toward a closing crescendo, it is evident that the year's dominant storyline is beyond a clever weekly jab. Across the U.S., it has been an interesting and remarkably positive year for residential real estate. Even as some desirable housing tax breaks are on the verge of sunsetting, real estate, as a whole, remains in excellent shape. In the Houston region, for the week ending December 3: • New Listings increased 8.6% to 2,150 • Pending Sales increased 28.5% to 1,713 • Closed Sales increased 5.5% 2,083

The EDGE Information and news that gives you an edge in the real estate business How Will Houston Real Estate Fare in 2018? Don’t miss Stewart Title Chief Economist Ted C. Jones, Ph.D. on Wednesday, January 10, 2018 as he delivers his much-anticipated 2018 Economic Forecast. 2018 ECONOMIC FORECAST LUNCHEON January 10, 2018 at 11:30 a.m. Norris Conference Center – CityCentre $30 Individual • $350 Table of 10 Info: Roz@har.com Ticket price non-refundable, transferable. Complimentary parking on roof level only.

The EDGE Information and news that gives you an edge in the real estate business Don’t Miss Your Launch Window HAR REALTOR® Launch: Your Path to Success HAR is proud to announce a new initiative to assist REALTORS® in their career path to success! “HAR REALTOR® Launch—Your Path to Success” is a five-day class held over a four-week period (once a week for three weeks and back-to-back days the fourth week). In this intensive course, you will gain insights into how to handle your transaction from contracts to closing. The program include tools such as Prospecting - How to Create Business - Buyers and Seller's Expectations - Understanding Your Role before, during and after the transaction - Insight in the ancillary roles by subject matter experts such as appraisers, inspectors, lenders, title companies, home warranty reps and much more. You will receive hands-on, interactive experience to help you with your business before you even have business. Dates: January 16, 23, 30 and February 6, 7 Location: HAR Central Time: 8:30 a.m. to 5 p.m. (Days 1-4); 8:30 a.m. to 2 p.m. (Day 5) Investment: $199 Register HERE. Questions? Call 713.629.1900 ext. 6