1. The EDGE Information and news that gives you an edge in the real estate business In This Week’s “The EDGE” Home Sales Volume Changes Direction Houston Market Movements Leaders Wanted! “The Edge” is a weekly tool for managers to use to inform their agents and stay current an up-to-date about important real estate industry issues. Brought to you by the HAR Communications Department.

2. The EDGE Information and news that gives you an edge in the real estate business The February 2015 MLS statistics will be released this Wednesday morning, and here are some highlights of the report: The volume of Houston home sales experienced its first decline in seven months. Year-over-year sales were down 5.8 percent, with a total of 4,521 single-family units sold. The last decline took place in July 2014. Months of inventory reached a 2.7-months supply, comparable to year- ago levels. Housing inventory nationally stands at a 4.7-months supply. The single-family home average price was $259,293 while the median price was $199,400. Both figures represent record highs for a February in Houston. Rentals of single-family homes were flat year-over-year while the cost of renting those homes rose 5.4 percent to $1,676. For more detailed information, please visit the HAR Online Newsroom for this and all other HAR news releases.HAR Online Newsroom Home Sales Volume Changes Direction

3. The EDGE Information and news that gives you an edge in the real estate business Across the country, some Fortune 500 companies have been raising their minimum wage. How does this correlate to the housing industry? Mo' money = mo' house-buying powerz. Coupled with the dismantled idea that aging millennials want to remain at home forever (because, come on, really?), the housing market is making inroads into two factors that have plagued the buyer market in recent years. Milder weather sure won’t hurt either. In the Houston region, for the week ending March 1: New Listings decreased 5.0% to 2,225 Pending Sales increased 15.7% to 1,963 Closed Sales decreased 6.8% to 1,912 Houston Market Movements

4. The EDGE Information and news that gives you an edge in the real estate business 2015 Texas REALTORS ® Leadership Program (TRLP) Application Deadline is March 20! Due to its overwhelming success, HAR is once again offering the opportunity to take part in an extensive eight-month leadership program. Each session equips REALTOR ® members with the tools necessary to grow both personally and professionally. Topics Include: Business Planning ∙ Time Management & Life Balance ∙ Spokesperson Training ∙ Leading Across Differences ∙ Understanding Your Leadership Style ∙ Conflict Resolution/Risk Management & Future Planning ∙ Team Building (Overnight Retreat) ∙ Law, Legislature & Leadership (Austin bus trip) Applications for the 2015 TRLP are available at http://bit.ly/1zj7P2Y, below the video player. You may also contact Rita Blevins at (713) 629-1900 ext. 263 or via email at rita@har.com to request an application.http://bit.ly/1zj7P2Yrita@har.com Leaders Wanted!