HAR Chair Vicki Fullerton - Greater NW Presentation

Vicki Fullerton Houston Association of REALTORS ® 2009 Chair of the Board

What is HAR? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

What Does HAR Do? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

What Does HAR Not Do? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Headlines were very varied in 2008 2008 proved tough for area home sales HOME SALES, PRICES DROP SHARPLY HERE Mortgage applications hit five-year high Houston housing gets a vote of confidence Existing home sales sink in South Recession carves away at real estate jobs Another non-traditional player jumps into the MLS game Housing Market Failures Not Preventing Property Investments Officials Say Virtual Home Tours Could Attract Robbers Ike takes wind out of area property sales

Houston Home Sales Have Declined

Sales Began Dropping in Early 2007

But Months Inventory is Showing Signs of Improvement

And Active Listings are Decreasing

Prices Have Held Up But are Tapering Off Content

Condos/Townhomes Are A Good Leading Indicator…So We Hope For a Bounce

New Homes Sold Through the MLS Have Skyrocketed

Permits Show Depressed New Construction Market

The Haves and Have Nots in 2007…

Became More of the Have Nots in 2008

For All the Talk About Foreclosures… Less Than Half the 1980s

What is in the American Recovery and Reinvestment Act (aka Stimulus Package)? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

What do we think about the stimulus package? ,[object Object],[object Object],[object Object],[object Object],[object Object]

Making Home Affordable Program ,[object Object],[object Object]

What do we think of the Obama plan? ,[object Object],[object Object],[object Object],[object Object]

Troubling Times ,[object Object],[object Object],[object Object],[object Object]

Positive Signs are Out There ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

U.S. National Forecast ,[object Object],[object Object],[object Object],[object Object]

Where is Houston going? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

What can we do together? ,[object Object],[object Object],[object Object]

What can we do together? ,[object Object],[object Object],[object Object],[object Object]

Thank you! [email_address] http://www.slideshare.net/HARCommunications

HAR Chair Vicki Fullerton - Greater NW Presentation

HAR Chair Vicki Fullerton - Greater NW Presentation

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HAR Chair Vicki Fullerton - Greater NW Presentation