First Real Estate Snapshot of Houston (FRESH) Here is HAR’s snap- shot of the Houston housing market as of October 30, The complete October MLS report comes out next Wednesday, November 12. As always, we will provide you with an update in The EDGE.

November 4 General Election: Last Chance To Cast Your Vote Tuesday, November 4 is Election Day, and Texas REALTORS® have a chance to make a big impact on the election results with their votes. Click HERE for more election information. (polls open from 7 a.m. – 7 p.m.) HERE Remember, in addition to the many candidates recommended by HAR and TAR, there is an important proposition on the ballot that needs your vote. Prop 1 addresses the state’s growing transportation funding problem and is supported by business organizations across the state. For more info, go to

Weekly HAR Market Stat Homeownership is at its lowest level in 20 years and has been steadily dropping since the national housing bubble years from 2004 to Interestingly, we are now at levels consistent with a healthy market. Also, rising rents should eventually give cause to more households seeking ownership positions. In the Houston region, for the week ending October 26: New Listings increased 5.9% to 1,967 Pending Sales increased 31.1% to 1,773 Closed Sales increased 7.8% to 1,394

Questions? ext. 6 Get a New Lease on Learning Texas Residential Leasing Specialist Day One covers the following topics: The Essentials of Residential Leasing ( ), which will provide the licensee with the core competencies they need in their role and responsibilities when functioning as a property manager or leasing agent; Agency Issues Impacting Property Managers and Leasing Agents ( ), where REALTORS® will learn how agency is established and to distinguish between the various kinds of agency relationships; Day Two covers the following topics: Marketing and Leasing Residential Properties ( ), which will provide the licensee with the core competencies they need in their role and responsibilities when functioning as a property manager or leasing agent; The TAR Residential Lease Agreement ( ), which is designed to keep the real estate licensee compliant and properly executing the basic fundamentals of leasing representation, property management and their role in that process. Date: Thurs. & Fri., Nov. 13 & 14 Time: 9 a.m. to 4 p.m. Location: HAR Central Investment: $149 Register online today at