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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’s Commercial Market Stages Post-Harvey Recovery • Houston Market Movements • Nominate Your Choices for Best in the Biz • NAR Issues Call for Action on Tax Reform • It’s Election Time Again • Join TRLP in the Fight Against Childhood Cancer “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.
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Houston’s Commercial Market Stages
The EDGE Information and news that gives you an edge in the real estate business Houston’s Commercial Market Stages Post-Harvey Recovery Houston’s commercial real estate market is optimistic after grappling with Hurricane Harvey amid the continued energy recovery, according to quarterly market research compiled by Commercial Gateway, HAR’s commercial division. Space left behind by various firms occupying new properties along with sublease spaces converting to direct space will continue to affect the vacancy rate. Meanwhile, the industrial market dominated the commercial market during the third quarter with expansions resulting in positive direct net absorption of almost 3.3 million square feet. Read the complete CommGate report along with broker commentaries on HAR Connect.
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Houston Market Movements
The EDGE Information and news that gives you an edge in the real estate business Houston Market Movements Much was made of the homeownership rate dropping to a 50-year low last year. It was thought that tastes had changed, especially among Millennials, and that people craved more mobility through rentals and smaller, more urban homes. Then something happened earlier this year: Millennials drove up the homeownership rate. Judging by continued buyer demand well into autumn, it would seem that owning a home is still as desirable today as it was 50 years ago. In the Houston region, for the week ending October 15: • New Listings increased 3.6% to 2,474 • Pending Sales increased 19.9% to 1,841 • Closed Sales decreased 11.0% to 1,192
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Nominate Your Choices for Best in the Biz
The EDGE Information and news that gives you an edge in the real estate business Nominate Your Choices for Best in the Biz It’s time to submit your nominations for 2017 REALTOR® of the Year as well as 2017 recipient of the John E. Wolf Community Service Award. Both winners will be honored at REALTOR ® Celebration on December 14. You’ll find a nomination form on HAR Connect. Simply print it out, complete it and it to Rozlynn Crew with supporting information to Or, if you prefer, you may mail the form and supporting materials to Roz at the HAR Central office. Mailing instructions are at the bottom of the form. Deadline for entries is Friday, November 10, 2017.
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NAR Issues Call For Action on Tax Reform
The EDGE Information and news that gives you an edge in the real estate business NAR Issues Call For Action on Tax Reform
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The EDGE Information and news that gives you an edge in the real estate business
It’s Election Time Again Below is everything you need to know to make an informed decision at the polls: Click here for a list of HAR recommended candidates Click here for information about Statewide Prop 2 TAR recommends voting YES! Click here for information about Houston Props A-E HAR recommends voting YES! Early voting is happening now!! October 23 – November 3 Election Day: Tuesday, November 7
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The EDGE Information and news that gives you an edge in the real estate business
Join TRLP in the Fight Against Childhood Cancer __________ October 28, 2017 No reservations required!
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