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” • Home Sales Hold Steady in October • Get Involved With Your Association • Setting Up Your New Supra Lockbox • Are YOU Attending REALTOR® Celebration? • Houston Market Movements • HAR Helps You Lead The Way “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.

Home Sales Hold Steady in October The EDGE Information and news that gives you an edge in the real estate business Home Sales Hold Steady in October HAR released October 2016 MLS statistics this last week, and here are some highlights of the monthly report in case you missed it: Home sales across greater Houston were statistically unchanged year-over-year in October, with a total of 5,916 single-family units sold versus 5,893 in October 2015. The single-family home median price rose 6.3 percent to an October high of $218,000 while the average price increased 2.2 percent to $277,904 – also an October high. Months of inventory grew to a 3.8-months supply compared to a 3.5-months supply in October 2015. Housing inventory nationally stands at a 4.5-months supply, according to NAR. Rentals of single-family homes declined one percent year-over-year, and the cost of renting those homes increased slightly to $1,728. For more detailed information, please visit the HAR Online Newsroom for this and all other HAR news releases.

Get Involved With Your Association The EDGE Information and news that gives you an edge in the real estate business Get Involved With Your Association The new year is just around the corner HAR needs dedicated volunteers for our various 2017 advisory groups and area networking groups. These leadership positions present a unique opportunity for you to have a lasting impact on the Association as well as the greater Houston real estate market. These groups research a host of issues and present motions to the full HAR board of directors for consideration. You may review a list of all of the available groups here: www.har.com/getinvolved The deadline to sign up as a volunteer is Monday, December 5. We look forward to having a record level of involvement in 2017!

Setting Up Your New Supra Lockbox The EDGE Information and news that gives you an edge in the real estate business Setting Up Your New Supra Lockbox

Are YOU Attending REALTOR® Celebration? The EDGE Information and news that gives you an edge in the real estate business Are YOU Attending REALTOR® Celebration? HAR’s much-anticipated REALTOR® Celebration luncheon at the River Oaks Country Club is only three weeks away! Join us on Wednesday, December 7 for all the festivities! The 2017 Board of Directors, Executive Committee and incoming Chair, Cindy Hamann, will be sworn into office. Two industry honors – 2016 REALTOR® of the Year and the John E. Wolf Community Service Award – will also be presented. Sponsorships and individual tickets are still available at realtorcelebration.har.com.

Houston Market Movements The EDGE Information and news that gives you an edge in the real estate business Houston Market Movements It is unclear how the election of the first business person with no prior political experience and a heavy background in real estate as the nation's next president might influence the U.S. housing market. In the hours and days following the election, financial markets were extremely volatile due to the uncertainty. However, it doesn't seem like demand among aspiring home buyers will be shrinking anytime soon. In the Houston region, for the week ending November 6: • New Listings increased 6.7% to 2,280 • Pending Sales increased 21.5% to 1,667 • Closed Sales increased 45.3% to 1,524

The EDGE Information and news that gives you an edge in the real estate business HAR Helps You Lead The Way Lead Generation Using HAR’s MLS Platinum Tools This class is designed to help agents understand the most effective ways of generating leads by using a multitude of HAR MLS Platinum Tools. It will also help agents understand the need to follow up on those leads and develop strategies for incubating leads. Date: Thursday, November 17 Location: HAR Central Time: 2 to 5 p.m. Investment: Free Register at www.har.com/edu Questions? Call 713.629.1900 ext. 6