The EDGE Information and news that gives you an edge in the real estate business In This Week’s “The EDGE” Home Sales Fall for a Second Straight Month Have You Voted Yet in the City of Houston Runoff Elections? Houston Market Movements Become a Social Media Pro “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.

The EDGE Information and news that gives you an edge in the real estate business The November 2015 MLS statistics will be released this Wednesday, December 9, and here are some highlights of the report: Houston home sales fell for a second consecutive month, down 10.5 percent year-over-year, with a total of 4,595 single-family units sold versus 5,135 a year earlier. Months of inventory grew to a 3.4-months supply compared to a 2.7-months supply in November For perspective, housing inventory nationally stands at a 4.8-months supply. The single-family home average price was $262,064 while the median price was $200,000. Both figures represent record highs for a November. November rentals of single-family homes rose 7.5 percent year- over-year, while the cost of renting those homes edged up 1.9 percent to $1,707. For more detailed information, please visit the HAR Online Newsroom for this and all other HAR news releases.HAR Online Newsroom Home Sales Fall for a Second Straight Month

The EDGE Information and news that gives you an edge in the real estate business Have You Voted Yet in the City of Houston Runoff Elections? Early Voting concludes this Tuesday, December 8. Election Day is Saturday, December 12. HAR’s Recommended Candidates for the City of Houston Runoff Elections: Mayor: Bill KingBill King Houston City Council At-Large, Position 2: David RobinsonDavid Robinson Houston City Council At-Large, Position 4: Amanda EdwardsAmanda Edwards Houston City Council At-Large, Position 5: Jack ChristieJack Christie Houston City Council District F: Richard NguyenRichard Nguyen Houston City Council District H: Jason CisnerozJason Cisneroz Houston City Council District J: Mike LasterMike Laster Click here to find the Early Voting Schedule and Locations

The EDGE Information and news that gives you an edge in the real estate business The real estate market tends to hit its slowest moments right around the Thanksgiving holiday, continuing through to the end of the year before bouncing back with renewed enthusiasm. Nationally, the trends aren't expected to change too much in year-over-year comparisons to what we have seen over the last several weeks. Local trends, however, are different. In the Houston region, for the week ending November 29: New Listings increased 2.5% to 1,064 Pending Sales increased 10.3% to 1,180 Closed Sales decreased 32.4% to 945 Houston Market Movements

The EDGE Information and news that gives you an edge in the real estate business Social Media Pro Boot Camp This hands-on course will help REALTORS ® better understand the marketing capabilities that social media can provide. Students will learn how to brand themselves and use social media to get more exposure for their listings. This course will cover a broad array of different social media platforms and mobile applications, giving REALTORS ® multiple options for marketing. Upon completion of the course, students will receive their Social Media Pro (SMP) certification. Laptops or tablets are required for SMP classes held at the Fort Bend location, and welcome but not required at all other HAR locations. Date: Thursday - Friday, December 10 & 11 Location: HAR Central Time: 9 a.m. to 4 p.m. Investment: $149 Register at Call ext. 6www.har.com/edu Become a Social Media Pro