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In This Week’s “The EDGE”

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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” • NAR Calls Tax Reform Legislation “A Clear and Present Danger to American Homeownership” • Election Day is This Tuesday • A FRESH Look at Houston Housing • Houston Market Movements • Mark Your Calendar for REALTOR® Celebration • Last Chance for Matrix Training “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 Read NAR Position Paper HERE.
The EDGE Information and news that gives you an edge in the real estate business NAR Calls Tax Reform Legislation “A Clear and Present Danger to American Homeownership” NAR opposes the tax reform legislation unveiled in the House last week, labeling the bill “a direct threat to consumers, homeowners and our businesses.” Not only will millions of homeowners not benefit from the proposal, many will get a tax increase. Additionally, homeowners could lose substantial equity from the more than 10% drop in home values likely to result if the bill is enacted. Read NAR Position Paper HERE. Take action TODAY! Visit HERE for more information and to complete the Call for Action form. Completing the form ensures that Congress hears directly from you!

3 Election Day is This Tuesday
The EDGE Information and news that gives you an edge in the real estate business Election Day is This Tuesday Below is everything you need to know to make an informed decision at the polls on Election Day, this Tuesday, Nov. 7: Click here for a list of HAR recommended candidates Click here for a list of county voting information Click here for information about Statewide Prop 2 * TAR recommends voting FOR! Click here for information about Houston Props A-E * HAR recommends voting FOR!

4 A FRESH Look at Houston Housing
The EDGE Information and news that gives you an edge in the real estate business A FRESH Look at Houston Housing Here is HAR’s First Real Estate Snapshot of Houston (FRESH Report), showing the latest trends across the greater Houston housing market as of October 31. The complete monthly MLS report for October 2017 will be distributed this Wednesday, November 8. As always, HAR will provide you with updated coverage in The EDGE.

5 Houston Market Movements
The EDGE Information and news that gives you an edge in the real estate business Houston Market Movements The national unemployment rate registered 4.1 percent for October To put that in perspective, joblessness has not been this low in the U.S. since December In other positive economic news, mortgage rates have been holding steady at or near 3.9 percent. Historically, the average rate has been around 6.0 percent. Factors such as these keep the pool of potential buyers full, even during the so-called off-season of residential real estate sales. In the Houston region, for the week ending October 29: • New Listings increased 2.9% to 2,318 • Pending Sales increased 21.7% to 1,833 • Closed Sales decreased 10.3% to 1,670

6 After the Installation Kenya Burrell-VanWormer
The EDGE Information and news that gives you an edge in the real estate business Mark Your Calendar for REALTOR® Celebration Thursday, Dec. 14 Houston Country Club 1 Potomac Dr., Houston, Texas Dress Attire: Coat & Tie Required 5:30 p.m. Reception with hors d’oeuvres and beverages. 6:30 p.m. Installation of 2018 HAR Chair Kenya Burrell-VanWormer, the 2018 Board of Directors and two industry awards. After the Installation The fun continues: Mix and Mingle with HAR’s new leadership and enjoy a light buffet. Kenya Burrell-VanWormer 2018 HAR Chair Purchase tickets at

7 Last Chance for Matrix Training Tempo Retires Next Tuesday!
The EDGE Information and news that gives you an edge in the real estate business Last Chance for Matrix Training Tempo Retires Next Tuesday! Nov. 14 – Tempo is turned off at 1 a.m. while Matrix remains online. Nov. 14 – No listing add/edit during the transition day; Matrix operates in “search only” mode. Nov. 15 – By 12 p.m., add/edit available in Matrix and Matrix becomes a single system.


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