November MLS Sales Statistics The November 2013 MLS statistics will be released on Tuesday morning, and here are some quick takeaways: October was the 30 th consecutive month of positive sales, with single- family sales volume rising 3.3 percent versus one year earlier. Contracts closed on 5,108 homes and inventory declined again – this time to 2.9 months from 3.1 months in October (and down compared to 4.1 months in November 2012). Prices reached the highest levels for a November, with the single- family home median price reaching $181,000 while the average price was $245,707. Total dollar volume reached $1.5 billion, a 13.1 percent increase over November 2012 ($1.3 billion). For more detailed information, please visit the HAR Online Newsroom for this and all other news releases.HAR Online Newsroom

Houston Condo Sales Lead the State We all know what’s happening on the single-family home sale front. But statewide, Houston’s condo market is leading the pack, according to the Texas Association of REALTORS ® (TAR). Houston sold the most condos among the four major metro areas, and experienced the second-highest jump in sales with a 25 percent increase between January and September. During that period, 5,067 condos were sold in Houston. Compared to the same period in 2012, the median price for condos went up 7 percent to $140,000. But perhaps the most telling sign that condos are a hot commodity is the number of active listings. During January through September, active listings dropped 31 percent to 1,737 listings, with days on the market dropping 27 percent from the previous year to 61 days. Elsewhere, Austin sold 2,450 condos during January through September; Dallas sold 4,468 condos; and San Antonio sold 469 condos. Dallas experienced the highest sales jump at 38 percent. The complete TAR report is available here:

Weekly HAR Market Stat The first week in December this year was filled with Black Friday and Cyber Monday deals. This means more people were clamoring in line at 2a.m. waiting for a Suzie-Talks-A-Lot than were attending open houses. Seasonal trends should be evident in a slight market slowdown, but year-over-year comparisons will still brighten any burgeoning bah-humbuggers. In the Houston region, for the week ending December 8: New Listings increased 3.7% to 1,608 Pending Sales increased 13.7% to 1,332 Closed Sales increased 9.8% to 1,129

Questions? ext. 6 Designate Yourself for Success Register at Texas REALTORS ® Leadership Program (TRLP) The mission of the Texas REALTORS ® Leadership Program (TRLP) is to develop community and organizational leaders to become contributors to their community and businesses and enrich their personal and professional lives. Participants will learn communication skills, how to lead a team and work within a team, understand multi- cultures, and how to grow their real estate business while learning about their community, government, and business partners. TRLP offers participants the opportunity to meet other motivated leaders and to share an intensive learning experience that focuses on community issues and leadership skills. The purpose of the program is to prepare the next generation of REALTORS ® to meet future challenges. The program provides participants with lectures, seminars, guest speakers, group discussions and leadership exercise that address vital issues affecting REALTORS ®. Application Deadline: March 21, 2014 Find out more by visiting the following link: