August MLS Sales Statistics

1
August MLS Sales Statistics

• The August 2013 MLS statistics will be released
  on Tuesday morning, and here are some quick
  takeaways
• The Houston real estate market is showing no
  let-up as single-family home sales climbed for a
  27th consecutive month, up 16.2 percent versus
  one year earlier.
• Contracts closed on 7,504 homes and inventory
  declined slightly to 3.3 months from 3.4 months
  in July (but down compared to 4.9 months in
  August 2012).
• Prices recorded the highest levels for an August,
  with the single-family home median price hitting
  186,200 while the average price was 260,607.
• Total dollar volume reached 2.2 billion, a 35.6
  percent increase over August 2012, when total
  dollar volume was 1.6 billion.
• For more detailed information, please visit the
  HAR Online Newsroom for this and all other news
  releases.

2
Value Thy Client

• For more than two years, the HAR.com Consumer
  Research Panel has provided HAR members with
  information designed to help them operate more
  competitively in the marketplace. The value of
  consumer feedback is among the many survey
  findings available at http//www.har.com/consumerr
  esearch/.

3
HAR Tool of the Week

• MarketInsight
• MarketInsight enables you to engage your clients
  and customers while staying connected.
• As a REALTOR, you want to do the best job
  possible for your clients and customers. Show
  them the value of using a REALTOR and invite
  them to use MarketInsight today!
• With MarketInsight, your clients and customers
  can stay informed about the activities
  surrounding their property without even
  contacting you.
• MarketInsight allows your clients and customers
  to view pertinent information about their
  property, such as Web traffic, appointments and
  feedback, comparable nearby properties and more.
• Setting up MarketInsight is easy. You can send an
  email to your client or customer inviting them to
  use it. All the details displayed in
  MarketInsight are branded with your information.
• Find out more about MarketInsight at
  http//www.har.com/marketinsight.

4
Weekly HAR Market Stat
A pendulum spends little time in the middle. It
tends to overswing center and hang out at the
extreme before changing directions. Apply that to
housing. Two or three years ago, almost no one
would have foreshadowed concern over
affordability, yet that's what some are
cautioning against in a rising price/rising
interest rate environment. It would take further
rises in both rates and prices to truly rattle
confidence and sentiment, but it's wise to
monitor activity closely. Market recovery is a
double-edged sword, isn't it? In the
Houston region, for the week ending September 8
New Listings increased 7.8 to 1,861 Pending
Sales increased 39.2 to 1,590 Closed Sales
increased 23.0 to 1,048
5


Get Your Social Media Boots on the Ground
Social Media Pro Boot Camp This course will help
REALTORS better understand the marketing
capabilities that social media can provide.
Students will learn how to brand themselves and
use social media to get more exposure for their
listings. It will cover a broad array of
different social media platforms, giving
REALTORS multiple options for marketing
purposes. Upon completion of this course,
students will receive their Social Media Pro
certification. Date Tues. Wed., Sept.
24 25 Time 9 a.m. 4 p.m. Location
HAR Bay Area Investment 149

Questions? 713-629-1900 ext. 6
Register at www.har.com/edu