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” • Early Voting Has Begun • 2017 YPN Spring Training • Houston Market Movements • Save The Date for Matrix Essentials “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 EARLY VOTING FOR MAY 6 ELECTION BEGINS MONDAY, APRIL 24 - TUESDAY, MAY 2 Cast your vote TODAY for Mayor, City Council Members, School Board Trustees, and MUDs in the Saturday, May 6 elections. Please see next page for the Houston Association of Realtors’ recommendations in this election or click here. Fort Bend County Harris County Montgomery County HAR recommends members who live in Houston ISD to VOTE FOR PROP 1 Your vote matters in this light turn-out election!!

The EDGE Information and news that gives you an edge in the real estate business You may register by visiting www.har.com/edu, scrolling to the bottom, and clicking on the “YPN Luncheon” link.

Houston Market Movements The EDGE Information and news that gives you an edge in the real estate business Houston Market Movements In light of the low inventory and affordability situation this year, it was a good surprise to see existing home sales hit a national 10-year high. It isn't a surprise, however, to see multiple offers on a home within a few days of being on the market. Buyer demand is high and will continue to be for the foreseeable future, so it was also welcome news that builder confidence and housing starts were up as well. In the Houston region, for the week ending April 16: • New Listings decreased 6.8% to 2,718 • Pending Sales increased 6.6% to 2,108 • Closed Sales decreased 4.6% to 1,523

The EDGE Information and news that gives you an edge in the real estate business Questions? Ca