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In This Week’s “The EDGE”

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Presentation on theme: "In This Week’s “The EDGE”"— Presentation transcript:

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” • A FRESH Look at Houston Housing • Houston Market Movements • Get On The Bus! • Don’t Miss the 2017 Dog House Extravaganza “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 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 on the latest trends in the Houston housing market, as of February 28. The complete monthly MLS report for February 2017 will be distributed this Thursday, March 9. As always, HAR will provide you with updated coverage in The EDGE.

3 Houston Market Movements
The EDGE Information and news that gives you an edge in the real estate business Houston Market Movements As mortgage rates rise, median sales prices increase and stiff competition for low inventory continues, buyers begin to face more limited housing options, especially for first-time buyers. That being said, for most weeks in 2017, sales across the U.S.A. have been higher in year-over-year comparisons with the same weeks in 2016. In the Houston region, for the week ending February 26: • New Listings increased 1.9% to 2,591 • Pending Sales increased 27.5% to 2,094 • Closed Sales decreased 13.2% to 1,349

4 The EDGE Information and news that gives you an edge in the real estate business
Get On the Bus! The HAR Governmental Affairs department invites you to join your fellow Texas REALTORS® to attend REALTOR® Day at the Texas Capitol in Austin, on Tuesday, April 4. It promises to be an informative and fun day in Austin, as you network with fellow REALTORS® from across the state and meet with state lawmakers to discuss matters of concern to the real estate industry. Buses will depart from six convenient locations. Make sure you are ON BOARD! Click HERE to register for REALTOR® Day at the Texas Capitol!

5 Don’t Miss the 2017 Dog House Extravaganza
The EDGE Information and news that gives you an edge in the real estate business Don’t Miss the 2017 Dog House Extravaganza New Hope Housing’s core purpose is to provide life-stabilizing, affordable, permanent housing with support services for people who live on very limited incomes. Their vision is to be an enduring institution serving Houston’s most vulnerable citizens. Attend this year’s Dog House Extravaganza on Thursday, March 30 to help support this incredible organization! Register at


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