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” • Houston Home Sales See August Rebound • Don’t Miss Historic Preservation Forum • Houston Market Movements • Put Safety First in Your Real Estate Business “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.

Houston Home Sales See August Rebound The EDGE Information and news that gives you an edge in the real estate business Houston Home Sales See August Rebound HAR will release August 2016 MLS statistics this Wednesday, September 14, and here are some highlights of the monthly report: After a down month in July, Houston home sales rose 8.2 percent year-over-year in August, with a total of 7,914 single-family units sold. That is the highest one-month sales volume of all time. The single-family home median price rose 4.2 percent to an August high of $225,000 while the average price increased 2.4 percent to $289,519 – also an August high. Months of inventory grew to a 4.0-months supply compared to a 3.5-months supply in August 2015. Housing inventory nationally stands at a 4.7-months supply, according to NAR. Rentals of single-family homes declined 2.2 percent year-over-year and the cost of renting those homes decreased slightly to $1,878. For more detailed information, please visit the HAR Online Newsroom for this and all other HAR news releases.

Don’t Miss Historic Preservation Forum The EDGE Information and news that gives you an edge in the real estate business Don’t Miss Historic Preservation Forum

Houston Market Movements The EDGE Information and news that gives you an edge in the real estate business Houston Market Movements Around the country, we have witnessed an overall drop in the number of days a home is on the market before sale, that sale price is generally higher than it used to be and there are fewer homes for sale. The one area of interest that we are watching is total sales volume. As the drop in inventory continues, it stands to reason that there will be fewer sales, but that has yet to consistently be the case. In the Houston region, for the week ending September 4: • New Listings decreased 2.5% to 2,517 • Pending Sales increased 11.1% to 1,742 • Closed Sales increased 10.6% to 2,141

The EDGE Information and news that gives you an edge in the real estate business Put Safety First in Your Real Estate Business Real Estate Safety Matters: Safe Business = Smart Business The objective of this course is to provide insight and tools on how real estate professionals can limit risk to preserve safety and promote a safer working environment. The goal is to equip, empower and educate the real estate professional with the resources and tools to promote personal protection at all times while facilitating positive business outcomes. The course will provide: • Safety protocols for showing properties and listing appointments; • Understanding physical and instinctual response to threats or attacks; • Conceal and carry considerations. Date: Thursday, September 22 at HAR Bay Area Date: Wednesday, September 28 at HAR Central Time: Two sessions each day from 9 a.m. to noon and 1 to 4 p.m. Investment: $25 Register at www.har.com/edu Questions? Call 713.629.1900 ext. 6