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In This Week’s “The EDGE”

In This Week’s “The EDGE”. • A FRESH Look at Houston Housing • Houston Market Movements • May 5 Election Recap • Master the Core Concepts for Your Business.

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In This Week’s “The EDGE”

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  1. In This Week’s “The EDGE” • A FRESH Look at Houston Housing • Houston Market Movements • May 5 Election Recap • Master the Core Concepts for Your 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.

  2. A FRESH Look at Houston Housing • The Houston real estate market staged another mixed performance in April. • Here is HAR’s latest First Real Estate Snapshot of Houston (FRESH) Report, showing the latest trends across the greater Houston housing market as of April 30, 2018. • Our complete MLS housing report for April 2018 will be distributed this Wednesday, May 9. As always, HAR will provide you with updated coverage in The EDGE.

  3. Houston Market Movements As happened last spring, the home-purchasing season will be competitive this year. Demand is still strong, especially in light of rising mortgage rates. Savvy consumers will want to get into a home before rates go up again. Amidst an environment of low inventory, buyers need to remain watchful of new listings and make their offers quickly. In the Houston region, for the week ending April 29: • New Listings decreased 4.7% to 3,166 • Pending Sales increased 18.6% to 2,470 • Closed Sales decreased 21.2% to 2,045

  4. May 5 Election Recap • Most of HAR’s recommended candidates had good showings on Election Day. Thanks for casting your votes in these races: • Houston City Council District K Martha Castex-Tatum- WINNER!ConroeCouncil Place 4 Raymond McDonald - RUNOFF Council Place 5 Jody Czajkoski - WINNER!PearlandCouncil Position 2 Derrick Reed - WINNER!Council Position 4 Adrian Hernandez - RUNOFFSugar Land Mayor Joe Zimmerman - WINNER!At Large 1 Himesh Gandhi - WINNER!At Large 2 Farha Ahmed lost to Jennifer Lane Tuesday, May 22 – Primary Runoff Early Voting Monday, May 14- Friday, May 18 HAR Recommended Candidates Montgomery County Commissioners Charlie Riley (Pct 2) and Jim Clark (Pct 4) HAR is not involved in these races: Congressional District 2 – Rep. Kevin Roberts and Dan Crenshaw Congressional District 7 – Laura Moser and Lizzie Pannill Fletcher

  5. Master the Core Concepts for Your Business • CNE1 Core Concepts • This is the Real Estate Negotiation Institute's flagship course, developed more than 10 years ago based on the best research and resources in business negotiation and is one of the top real estate designations. Topics covered are negotiation styles, psychology, persuasion and methodology. • USE CODE HARCNE1 WHEN REGISTERING TO RECEIVE A $50 DISCOUNT • Date: Thursday & Friday, May 10 & 11 • Time: 9 a.m. to 4 p.m. • Location: HAR Central • Investment: $349 with discount code above • Sign up HERE today!

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