HOUSTON ASSOCIATION OF REALTORS® BECOMES NATION’S LARGEST LOCAL REALTOR® ORGANIZATION
Membership growth enables Houston group to surpass Long Island, N.Y. for top spot
HOUSTON — (Aug. 24, 2009) — The Houston Association of REALTORS® (HAR) has officially become the largest local REALTOR® board in the United States following a recent rise in membership and a decline in membership at the Long Island (New York) Board of REALTORS® (LIBOR).
HAR currently has a total REALTOR® membership of 23,354, surpassing LIBOR’s REALTOR® membership total of 23,236 by 118 REALTORS®. HAR and LIBOR are by far the largest local REALTOR® associations, as the Greater Las Vegas Association of REALTORS® is currently third with nearly 10,000 fewer members.
“The Houston Association of REALTORS® is thrilled about achieving this milestone, which demonstrates that our members are deeply committed to the real estate business and have been bolstered by the stronger greater Houston real estate market,” said HAR Chair Vicki Fullerton. “REALTORS® have also come to appreciate the tremendous value they derive through HAR membership, including a host of services such as free member Web sites, free member blogs, free agent newsletters, legislative support, award-winning communications campaigns, the pre-eminent local public real estate Web site, HAR.com, and a host of other offerings for which other associations either charge additional fees or do not offer at all.”
Despite lingering strains on the nation’s economy, the Houston housing market has outperformed most major markets around the U.S., including Long Island, New York. Sales volume, which has increased incrementally each month this year, is on a par with 2005’s record levels, and June brought an all-time high in the median price of a single-family home: $164,500. REALTORS® attribute much of the recent market activity to seasonal spring and summer home buying as well as to first-time home buyers who are taking advantage of the government’s $8,000 tax credit and historically low interest rates.