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  REACHING MORE THAN 25,000 REAL ESTATE PROFESSIONALS    SEPTEMBER 2008 VOLUME 32 / ISSUE 9   

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What is Affordable Housing?
What's happening with affordable housing in Houston 2008?  It's alive and kicking, but struggling with the mortgage meltdown. What is affordable housing really?
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Houston Hope
Vision
The Houston HOPE vision is to substantially reduce poverty and create hope for the residents of Houston's poorest and most blighted neighborhoods.
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The Good and Bad of the Housing and Economic Recovery Act of 2008
While there are many positive aspects to the recently-signed federal housing bill, which is intended to help shore up the real estate market and stop the rising foreclosure numbers, some of the provisions may actually exacerbate the housing market's woes.
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NAR Statement on President Signing Housing Bill
NAR President Richard Gaylord
The following is a statement by National Association of REALTORS® President Richard F. Gaylord:

"The National Association of Realtors® and its 1.2 million members commend President George W. Bush for his quick action in signing the housing stimulus bill today.
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September Starts Off Busy Fall
One of the biggest focuses of my tenure as chairman of HAR has been on affordable housing. HAR has partnered with the City of Houston on the Houston Hope program, as well as other affordable housing initiatives.
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Houston Area Home Prices Soar in July as Property Sales Record Another Monthly Drop
The average price of a single-family home sees its biggest increase in more than two years; median single-family home pricing hits a record high

Declining property sales tempered by strong single-family home average and median pricing prevailed across the greater Houston area for the eleventh consecutive month in July, according to statistics released by the Houston Association of REALTORS® (HAR).
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Houston Association of REALTORS® Announces 2009 Board of Directors Election Results
The Houston Association of REALTORS® (HAR) annual Board of Directors election has concluded with a new slate of Executive Committee members and directors for 2009.
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2008 REALTOR® Expo: Heroes
Don't miss out on all the fun and excitement of REALTOR® Expo. Register today!
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Be a REALTOR® Rock Star!
HAR and Millennium Audi are hosting a Member Mixer to kick-off REALTOR® Expo and to celebrate the Audi Car Contest* at REALTOR® Expo. As part of the mixer, Houston area REALTORS® will have the chance to compete as part of HAR's REALTOR® Rock Star.
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REALTOR® Safety Week
The safety of our more than 1.2 million members is always a top priority for NAR. We are committed to helping our members stay safe while on the job, at home and on the road. To raise awareness about this important issue, September 14–20 has been officially designated as the fifth annual REALTOR® Safety Week.
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Five Safety Tips for Showing Commercial Sites
If your business includes managing and showing commercial properties, you should be aware that this may be one of the most potentially dangerous careers in real estate. You're typically showing a vacant property to a prospective customer, and may be far from other people and buildings, putting you in a very vulnerable position.
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Brokers May Opt to Withhold Listing Display from Non-REALTOR® Advertising Sites
The Board of Directors of the Houston Realtors® Information Service (HRIS) has adopted a new policy that permits a broker to "Opt-Out" of having their listing displayed on one or more of the various advertising Web sites that HRIS has agreements for the display of broker listings.
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MLS Rules Related to Short Sale Listings
With the increase in foreclosure rates and resetting of adjustable interest rate mortgages, there has been a resulting increase in the number of MLS listing transactions that result in a short sale situation.
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HAR Provides Free Map-based Property Search!
Your Web site will now benefit from the following Map-Based Property Search features:
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New and Improved IDX Solution
HAR.com offers online tools that can help improve your profitability, business efficiency and customer service. And we are constantly working to offer more tools, in addition to improving existing tools, to help drive consumers to you and your listings
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Do You Know Your Clients as Well as Yahoo Does?
The Yahoo Real Estate folks provided the real estate industry with some really interesting information last month when they released a white paper entitled Embracing the Online Real Estate Market.
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Meet Your TREPAC Trustees
Cameron Hill
HAR TREPAC Trustees are REALTOR® volunteer leadership who serve at both the state and local levels increasing awareness of TREPAC and assisting with all local fundraising activities.
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TREPAC Savings Calculator
Texas REALTORS®: Calculate your savings due to TREPAC
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2008 TREPAC Investors
Have you invested in TREPAC? Is your name on the list?  All investments as of August 6, 2008. 
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Greenway Growing Strong
Houston’s Greenway market continues to grow. Long recognized as a premier business and residential location, Greenway is located between the Central Business District and the Galleria/Uptown area, and takes its name from the Greenway Plaza office campus located in a 65-acre mixed use community along Southwest Freeway.
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NAR Achieves Victory on a Milestone Housing Bill
NAR achieved victory on a milestone housing bill that is the culmination of years of intense lobbying efforts. Long before the collapse of the subprime mortgage market and the resultant market instability, NAR had been advocating for the housing reform measures contained in H.R. 3221, the "Housing and Economic Recovery Act of 2008."
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The e-Learning Section of HAR.com
As many of you may have noticed when you first log on to HAR.com, there is a button labeled "e-Learning" in the center of the screen. The e-Learning section offers members the opportunity to view online video tutorials covering the array of free tools offered through HAR.com.
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Increasing Your Sales Success Through Certification
As many real estate professionals reinvent their business in today's changing climate, new home sales emerges as a tremendous area of opportunity. Unlike individual sellers, builders are running a business that depends on consistently selling homes.
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HAR Hero of the Month: Courtney Johnson Rose
Courtney Johnson Rose
Eight years as a REALTOR® and Courtney Johnson Rose has already enjoyed the distinction of being REALTOR® magazine's Top 30 Under 30 REALTORS in 2007, been profiled in a January 2008 Real Estate Executive magazine cover story, made the Champions School of Real Estate Wall of Fame and received the designation of multi-million-dollar producer for the company her father founded – George E. Johnson Development, among other achievements.
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Ask Mike
Q: Mike, I’ve seen some great statistics that appear in the HAR Survey of Home Sellers and Buyers. Can I use those charts and stats in my listing presentations or other educational training sessions?  Keep up the great work on behalf of the HAR members.
-Signed Statistically Inclined
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Women in the Driver's Seat
Pictured are Margie Dorrance, Marilyn Eiland, Marie Nguyen, Laura Mayer, Mary Ann Reynolds, Kenya Burrell, Dorcas Ross, Robin Mueck and Linda Swope who will model fashions from M. Penner’s Women’s Boutique at the fundraising luncheon and style show on Friday, October 17.
The "Women in the Driver's Seat"  fundraising luncheon and style show will take place on Friday, October 17. The featured speaker is society columnist Shelby Hodge who will be interviewed by former White House spokesperson Peter Roussel. Funds raised from the event will be directed to The Frankie Jefferson Scholarship Fund at the Houston Community College Foundation. The scholarship will benefit women who are pursuing Real Estate Degrees at HCC.
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HAR in the News
The Houston Association of REALTORS® is making headlines! Here's a look at some of the media coverage our organization has received over the past few weeks.
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Woodforest Announces Custom Builder Line-Up
Woodforest, a new master-planned community by The Johnson Development Corp. under way in Montgomery County, has announced its custom homebuilders, with the first homes slated for construction in December.
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Perry Homes Sets Incentives During Summer Sales Event
Now through the end of September, if you visit a Perry Homes model home and register a qualified prospect, you are eligible to win two years’ worth of gas, one year’s worth of gas or a $500 shopping spree.
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Riverstone Celebrates 1,000th Sale
Fort Bend’s Riverstone community celebrated its 1,000th sale recently. Marking the important milestone are, left to right, Riverstone general manager Tom Wilcox; David Weekley Homes lead builder Herb Williams; homeowners Benjamin and Wee-na Tzeng with their daughter, Isabelle; David Weekley sales representative Dorothy Yee; and Realtor Philip Hsiau, who also worked with the Tzengs on the purchase of their new home.
David Weekley's first Green Home sale in Riverstone was also an important milestone for the community —Riverstone's 1,000th home.
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Wilshire Homes Sparks The Interest Of State Legislators
It's no surprise that consumers are looking at alternatives to save money and help the environment given today's ecomomy and global concerns. But Wilshire Homes was pleased by the interest their new solar model "sparked up"within state legislators.
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Goff Adds Custom Sales Oversight to Her Johnson Development Corp. Responsibilities
Susie Goff, GRI, MIRM, is taking on additional responsibilities for The Johnson Development Corp., overseeing the custom sales division of the company's residential development projects.
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Bridgeland’s Nature Fest Scheduled for September 27-28
Marking the grand opening of the first 1.5 miles of the Cypress Creek Nature Trail, Bridgeland, an 11,400-acre master-planned community in Cypress, Texas, is hosting its first annual Nature Fest, September 27-28
Marking the grand opening of the first 1.5 miles of the Cypress Creek Nature Trail, Bridgeland, an 11,400-acre master-planned community in Cypress, Texas, is hosting its first annual Nature Fest, September 27-28, 10 a.m. to 6 p.m. Saturday and noon to 6 p.m. Sunday.
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