1. 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”
• Market Proves It’s ‘Houston Strong’ After Harvey
• Houston Market Movements
• Will YOU Be Engaged Next Week?
• Know Thy Election Deadlines
• TRLP Aims for a Cure on October 28
“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.

2. ‘Houston Strong’ After Harvey
The EDGE Information and news that gives you an edge in the real estate business
Market Proves It’s
‘Houston Strong’ After Harvey
HAR will release September 2017 MLS statistics this Wednesday, and here is an advance peek at highlights of the monthly report:
The Houston real estate market showed signs of a rebound following Hurricane Harvey’s late August rampage. Home sales rose 4.2 percent for the month with a total of 6,913 single-family units sold versus 6,636 a year earlier.
The single-family home median price increased 5.5 percent to $232,000 while the average price rose 5.4 percent to $291,767.
As expected, Harvey took the wind out of the sails of inventory as consumer demand for homes surged. Months of inventory was at a 4.1-months supply – up from 3.9 months last September, but down from its supply of 4.4 months immediately preceding Harvey.
Single-family home rentals soared 83.6 percent year-over-year while townhome/condo rentals rocketed 92.2 percent.
For more detailed information, please visit the HAR Online Newsroom for this and all other HAR news releases.

3. Houston Market Movements
The EDGE Information and news that gives you an edge in the real estate business
Houston Market Movements
Few cities and neighborhoods around the nation are turning heads as hotbeds of new housing inventory. Residential real estate markets that have had a hard time dealing with a reduction in the number of homes available for sale are now also struggling to keep up with new listings levels from last year. While it's true that builder confidence is up, it will take time before any sort of new development spawns a significant change in trend direction.
In the Houston region, for the week ending October 1:
• New Listings decreased 2.4% to 2,356
• Pending Sales increased 25.0% to 1,939
• Closed Sales decreased 11.4% to 1,972

4. Will YOU Be Engaged Next Week?
The EDGE Information and news that gives you an edge in the real estate business
Will YOU Be Engaged Next Week?
One of the most important real estate events of the year is coming up next week! Have YOU registered to attend HAR Engage?
Houston’s premiere real estate and technology conference, HAR Engage takes place next Thursday, October 19 at the Norris Conference Center at CityCentre on Houston’s fashionable west side.
Whether you’re an industry leader or striving to become one, HAR Engage is for everyone who wants to know where the real estate industry is headed and how to take on the challenges and changes facing our industry.
For more information, including a complete list of speakers and topics, and to register, please go to

5. The EDGE Information and news that gives you an edge in the real estate business
Know Thy Election Deadlines
Last Day to Register to Vote: Tuesday, October 10
Early Voting: Monday, October 23 –
Friday, November 3
Election Day: Tuesday, November 7
Elections include HISD Board of Trustees, City of Houston Bonds and constitutional amendments.

6. TRLP Aims for a Cure on October 28 No reservations required!
The EDGE Information and news that gives you an edge in the real estate business
TRLP Aims for a Cure on October 28
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No reservations required!