Meet Chairman
It is a great honor and privilege to serve as your HAR Chairman of the Board for 2024. We all know that real estate has had a turbulent few years, between a global pandemic and inflationary headwinds. Unfortunately, the rough ride is not over yet, between the highest mortgage rates in 20 years, uncertainty over the outcome of pending legal action against the National Association of REALTORS® and anxieties over the role Artificial Intelligence (AI) will play in our industry. Nevertheless, real estate is thriving and the Greater Houston housing market remains one of the strongest in the U.S.
I never cease to be impressed by all the tools that the HAR Technology team developed during and since the pandemic. These include virtual open houses and showings along with innovations to safeguard members from potential predators and provide funding options to consumers facing financial challenges and who worry that the American dream of homeownership is beyond their reach.
I am not only proud of these achievements, but the work that HAR does throughout any given year to promote the industry and develop new tools benefiting members and consumers alike. Did you know that HAR membership has soared to over 50,000? That is nothing short of amazing on this side of a pandemic!
While we have been in a sales slump for a year and a half, the rental segment has flourished. Inventory has improved, pricing has moderated, and all indications are that once the Fed eases back on its rate hikes, consumers will return to the resale market. When exactly that might happen I cannot say since I have not been endowed with a crystal ball. That also means I can’t possibly predict what other challenges may lie ahead in 2024. But I suppose if we can make it through a global pandemic and inflation, we can survive anything! That has everything to do with the dedication and commitment of all of us to promote homeownership and renting along with our love of the Greater Houston area that we call home.
With that said, I am thrilled to announce that for the 21st consecutive year, the HAR Board of Directors has voted to leave the current dues level unchanged. That’s right. Your HAR membership will not cost one cent more in 2024!
As I travel the country for industry conferences and meetings with elected officials, I am reminded of just how many people and organizations regard HAR as a pioneer for its groundbreaking and innovative ways. Our Association is closely watched and emulated by others all the time, and that is the ultimate compliment.
Only with the strength and support of every one of HAR’s more than 50,000 residential and commercial members can we remain a successful and impactful REALTOR® community! I want to personally thank each and every one of you for membership in YOUR Association. This Association only exists because of your participation, so please know that HAR is always here to support you – in 2024 and beyond.
Thomas Mouton
2024 Chairman, Board of Directors
Houston Association of REALTORS®
