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Los Angeles Community Town Hall On The 4 A.M. Bar Bill

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California Alcohol Policy Alliance (CAPA) AlcoholPolicyAlliance.org

LOS ANGELES, March 8, 2018 /PRNewswire-HISPANIC PR WIRE/ — California Alcohol Policy Alliance (CAPA), Alcohol Justice, Institute for Public Strategies, and Behavioral Health Services in Hollywood are sponsoring a Community Town Hall meeting and panel discussion for residents of Los Angeles and West Hollywood on allowing alcohol-serving establishments in California to stay open until 4 a.m.

California Alcohol Policy Alliance (CAPA) AlcoholPolicyAlliance.org

INVITED:          

  • Paul Koretz, Los Angeles City Councilmember
  • Dr. Deborah Allen, Los Angeles County Department of Public Health
  • Mothers Against Drunk Driving (MADD)
  • Oren Katz, Hollywood Hills West Neighborhood Council
  • Carson Benowitz-Fredericks, Research Manager, Alcohol Justice
  • Local Law Enforcement
  • West Hollywood City Council Members
  • Concerned Residents

WHAT: Town Hall Meeting & Panel Discussion on SB 905 (Wiener) – the 4 a.m. Bar Bill

WHEN: Thursday, March 8, 2018 from 6:30 p.m. (Check-in & Snacks) to 8:30 p.m.

WHERE: Mears Center Auditorium, Hollywood Presbyterian Church, 1760 Gower St., Los Angeles, CA 90028 (Parking off Carlos Ave.)

WHY:   

  • On the heels of failing to pass his 4 a.m. bar bill (SB 384) last year, State Sen. Scott Wiener (D-San Francisco) has introduced SB 905, a dangerous six-city, five-year experiment to extend last call hours until 4 a.m.
  • This bill, like three others that have stalled out in previous sessions, will spread alcohol overconsumption, loss of life, injury, and nuisance across the state.
  • Fatal DUI is a chronic, worsening problem for California.
  • The U.S. Community Preventive Services Task Force found that every 2-hour increase in last-call times results in greater vehicle crash injuries and E.R. admissions. (Hahn et al., 2010) 
  • There is no such thing as “local control” in alcohol policy. The harm from one city’s decision to change last-call times splashes over every surrounding community.
  • California already suffers over 10,500 alcohol-related deaths and $34 billion in costs annually.

For more information:
Michael Scippa, Public Affairs Director, Alcohol Justice – (415) 548-0492 [email protected] 
Sarah Blanch, Regional Director, Institute for Public Strategies – (310) 215-9924 x133 [email protected]

 

Photo – https://mma.prnewswire.com/media/651555/CAPA_logo_Logo.jpg

 

SOURCE Alcohol Justice

The Home Depot Foundation Commits $50 Million to Skilled Trades Training

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ATLANTA, March 8, 2018 /PRNewswire-HISPANIC PR WIRE/ — Today, The Home Depot® Foundation announced a $50 million commitment to train 20,000 tradespeople over the next 10 years in order to fill the growing skilled labor gap.  

According to the Bureau of Labor Statistics, there are currently 158,000 unfilled construction sector jobs in the U.S. – a number that is expected to increase significantly as tradespeople retire over the next decade. The ratio of construction job openings to hirings, as measured by the Department of Labor, is at its highest level since 2007.

In 2017, The Home Depot Foundation launched a pilot trades training program for separating military members in partnership with nonprofit Home Builders Institute (HBI) on Ft. Stewart and Ft. Bragg. The first set of students will graduate this March. The 12-week pre-apprenticeship certification program, which is provided at no cost to students, uses an industry-based curriculum recognized by the Department of Labor that integrates work-based learning with technical and academic skills. The program, which has a job placement rate of more than 90 percent, will now roll out on additional bases across the United States.

“We want to bring shop class back, from coast-to-coast,” said Shannon Gerber, executive director of The Home Depot Foundation. “We’re thrilled to train 20,000 next-generation plumbers, electricians, carpenters and beyond. It’s a true honor to welcome our first classes of separating soldiers as they transition to civilian life and into successful careers in the trades.”

“HBI has a 50-year history of training individuals with the skills they need to succeed in the building industry. Our program prepares men and women for high-growth careers in the industry after leaving military service,” said HBI CEO John Courson. “With 200,000 service members separating from the military every year, our partnership with The Home Depot Foundation enables us to serve more veterans across the country.”

In addition to serving separating military members, The Home Depot Foundation is establishing an advanced level trades training program in partnership with the Construction Education Foundation of Georgia (CEFGA) for residents of Atlanta’s Westside community. Over the next 10 years, the Foundation will expand training support to include the broader veteran community as well as underserved high schools across the United States.

Today’s announcement expands The Home Depot Foundation’s mission beyond its existing quarter-of-a-billion dollar commitment to veteran housing, as well as its commitment to serve communities impacted by natural disasters. 

About The Home Depot Foundation 
The Home Depot Foundation works to improve the homes and lives of U.S. veterans, train skilled tradespeople to fill the labor gap and support communities impacted by natural disasters. 

Since 2011, the Foundation has invested nearly a quarter-of-a-billion dollars in veteran-related causes and improved more than 37,000 veteran homes and facilities. In 2018, the Foundation committed an additional $50 million dollars to train 20,000 skilled tradespeople over the next 10 years starting with separating military members and veterans, at-risk youth and members of the Atlanta Westside community. 

To learn more about The Home Depot Foundation and see Team Depot in action, visit thd.co/community and follow us on Snapchat, Twitter and Instagram @teamdepot and on Facebook at facebook.com/teamdepot.

About HBI
HBI is a national nonprofit that provides training, curriculum development and job placement services for the building industry. With overall program job placement rates at over 85 percent for graduates, HBI training programs are taught in local communities across the country to at-risk youth, veterans, transitioning military members, justice-involved youth and adults, and displaced workers. Visit www.hbi.org for more information.

 

 

 

 

The Home Depot Foundation logo.

Photo – https://mma.prnewswire.com/media/651540/The_Home_Depot_Foundation_Labor_Gap_Infographic.jpg 
Photo – https://mma.prnewswire.com/media/651538/The_Home_Depot_Foundation___Workers.jpg 
Photo – https://mma.prnewswire.com/media/651539/Labor___The_Home_Depot_Foundation.jpg 
Photo – https://mma.prnewswire.com/media/651541/The_Home_Depot.jpg 
Photo – https://mma.prnewswire.com/media/651542/The_Home_Depot___Foundation.jpg 
Logo – https://mma.prnewswire.com/media/428422/The_Home_Depot_Foundation_Logo.jpg

SOURCE The Home Depot Foundation

Miami Cuban Sandwich Smackdown @ Calle Ocho: Who makes the BEST Cuban Sandwich in South Florida!?

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MIAMI, March 8, 2018 /PRNewswire-HISPANIC PR WIRE/ — Join us for the BIG SMACKDOWN where Restaurants from all over South Florida join us to compete for the opportunity to represent Miami & South Florida and the chance to win the 2018 title of “THE BEST CUBAN SANDWICH IN THE WORLD!”

Competing Contestants Include:

  • Hickory Stick BBQ – Returning Winner
  • Sanguich de Miami – Returning Winner
  • Sanguichito on Wheels – New Contestant
  • The Brother Kitchen Grill – New Contestant
  • Benitez Bistro – Returning Winner
  • TLC BBQ Food Truck and more!

Sunday, March 11th, 2018 @
1641 SW 8th Street, Miami, Florida
See Event Flyer

VIP Judges include: William Talbert, CEO; Greater Miami Convention & Visitors Bureau, Actor Jay Amor, Sasha Marina and MORE!

Other Cuban Sandwich Festival dates and locations include:

Tampa, Florida: Saturday, March 31st, 2018 is day 1 of the Festival:  Enjoy LIVE music and performances!  Cultural and food vendors PLUS the 2nd Annual Kids Cuban Sandwich Showdown and the Worlds Biggest Cuban Sandwich – the 2018 Goal is 155 Ft.  

Tampa, Florida: Sunday, April 1st, 2018 is the BIG DAY; Smackdown Sunday:  Featuring official representatives from Central Florida, South Florida and Tampa Bay going head to head with contestants coming from all over the world including South Korea, London, England and throughout various states throughout the United States including California, Washington State and from various states throughout the United States.  

Do you know someone that makes the BEST Cuban Sandwich in Central Florida? 

Want to Participate as a vendor, contestant or sponsor?

[email protected] or (813) 407-6866 or (813) 407-7191 or visit us online at: www.TheCubanSandwichFestival.com 

The Cuban Sandwich Festivals are produced by Latin Times Media., Inc., creators of Latin Times Magazine. Info: www.LatinTimesMedia.com

 

 

SOURCE LATIN TIMES MEDIA

Community Town Hall On The 4 A.M. Bar Bill

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Alcohol Justice logo

Does a 4 A.M. Last Call Mean No Safety, No Peace, No Control?

LOS ANGELES, March 7, 2018 /PRNewswire-HISPANIC PR WIRE/ — California Alcohol Policy Alliance (CAPA), Alcohol Justice, Institute for Public Strategies, and Behavioral Health Services in Hollywood are sponsoring a Community Town Hall meeting and panel discussion for residents of Los Angeles and West Hollywood on allowing alcohol-serving establishments in California to stay open until 4 a.m.

Alcohol Justice logo

INVITED:          

  • Paul Koretz, Los Angeles City Councilmember
  • Dr. Deborah Allen, Los Angeles County Department of Public Health
  • Mothers Against Drunk Driving (MADD)
  • Oren Katz, Hollywood Hills West Neighborhood Council
  • Carson Benowitz-Fredericks, Research Manager, Alcohol Justice
  • Local Law Enforcement
  • West Hollywood City Council Members
  • Concerned Residents

WHAT: Town Hall Meeting & Panel Discussion on SB 905 (Wiener) – the 4 a.m. Bar Bill

WHEN: Thursday, March 8, 2018 from 6:30 p.m. (Check-in & Snacks) to 8:30 p.m.

WHERE: Mears Center Auditorium, Hollywood Presbyterian Church, 1760 Gower St., Los Angeles, CA 90028 (Parking off Carlos Ave.)

WHY:   

  • On the heels of failing to pass his 4 a.m. bar bill (SB 384) last year, State Sen. Scott Wiener (D-San Francisco) has introduced SB 905, a dangerous six-city, five-year experiment to extend last call hours until 4 a.m.
  • This bill, like three others that have stalled out in previous sessions, will spread alcohol overconsumption, loss of life, injury, and nuisance across the state.
  • Fatal DUI is a chronic, worsening problem for California.
  • The U.S. Community Preventive Services Task Force found that every 2-hour increase in last-call times results in greater vehicle crash injuries and E.R. admissions. (Hahn et al., 2010) 
  • There is no such thing as “local control” in alcohol policy. The harm from one city’s decision to change last-call times splashes over every surrounding community.
  • California already suffers over 10,500 alcohol-related deaths and $34 billion in costs annually.

For more information:
Michael Scippa, Public Affairs Director, Alcohol Justice – (415) 548-0492 [email protected] 
Sarah Blanch, Regional Director, Institute for Public Strategies – (310) 215-9924 x133 [email protected]

Logo – https://mma.prnewswire.com/media/147418/alcohol_justice_logo.jpg  

SOURCE Alcohol Justice

FIBRA Prologis Declares Quarterly Distribution

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MEXICO CITY, March 7, 2018 /PRNewswire-HISPANIC PR WIRE/ — FIBRA Prologis (BMV: FIBRAPL 14), one of the leading owners of Class-A logistics real estate in Mexico, today declared a cash distribution of Ps. 353.7 million (US$ 19.1 million), or Ps. 0.5536 per Certificado Bursátil Fiduciario Inmobiliario (“CBFI”) (US$ 0.0298 per CBFI) related to the results of the quarter ending December 31, 2017.

The distribution is payable March 16, 2018, to CBFI holders with an ex-dividend date of March 12, 2018, and a record date of March 15, 2018.

ABOUT FIBRA PROLOGIS

FIBRA Prologis is one of the leading owners and operator of Class-A industrial real estate in Mexico. As of December 31, 2017, FIBRA Prologis comprised 196 logistics and manufacturing facilities in six industrial markets in Mexico totaling 34.6 million square feet (3.2 million square meters) of gross leasable area.

FORWARD-LOOKING STATEMENTS

The statements in this release that are not historical facts are forward-looking statements. These forward-looking statements are based on current expectations, estimates and projections about the industry and markets in which FIBRA Prologis operates, management’s beliefs and assumptions made by management.  Such statements involve uncertainties that could significantly impact FIBRA Prologis financial results. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” variations of such words and similar expressions are intended to identify such forward-looking statements, which generally are not historical in nature.  All statements that address operating performance, events or developments that we expect or anticipate will occur in the future — including statements relating to rent and occupancy growth, acquisition activity, development activity, disposition activity, general conditions in the geographic areas where we operate, our debt and financial position, are forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Although we believe the expectations reflected in any forward-looking statements are based on reasonable assumptions, we can give no assurance that our expectations will be attained and therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. Some of the factors that may affect outcomes and results include, but are not limited to: (i) national, international, regional and local economic climates, (ii) changes in financial markets, interest rates and foreign currency exchange rates, (iii) increased or unanticipated competition for our properties, (iv) risks associated with acquisitions, dispositions and development of properties, (v) maintenance of real estate investment trust (“FIBRA”) status and tax structuring, (vi) availability of financing and capital, the levels of debt that we maintain and our credit ratings, (vii) risks related to our investments (viii) environmental uncertainties, including risks of natural disasters, and (ix) those additional factors discussed in reports filed with the “Comisión Nacional Bancaria y de Valores” and  the Mexican Stock Exchange by FIBRA Prologis under the heading “Risk Factors.” FIBRA Prologis undertakes no duty to update any forward-looking statements appearing in this release.

Non-Solicitation – Any securities discussed herein or in the accompanying presentations, if any, have not been registered under the Securities Act of 1933 or the securities laws of any state and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under the Securities Act and any applicable state securities laws. Any such announcement does not constitute an offer to sell or the solicitation of an offer to buy the securities discussed herein or in the presentations, if and as applicable.

Logo – https://mma.prnewswire.com/media/528012/FIBRA__Logo.jpg

SOURCE FIBRA Prologis

NBCUniversal Telemundo Enterprises Announces Telemundo Academy And Partners With Award-Winning Pitbull To Empower And Train The Next Generation Of Media Leaders

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MIAMI, March 7, 2018 /PRNewswire-HISPANIC PR WIRE/ — NBCUniversal Telemundo Enterprises today announced the launch of Telemundo Academy, a first-ever multimedia educational institution to empower and train the next generation of media leaders. The academy’s first partners will include internationally renowned singer, actor and record producer Armando Christian Perez’s (Pitbull) SLAM Miami (Sports Leadership and Management) and the Doral Academy, two highly regarded local charter schools.  Supported by the company’s “El Poder En Ti” (The Power in You) corporate social responsibility initiative, the transformative program will immerse students in the media world and expose them to the industry’s most salient topics through a progressive curriculum including a series of dynamic lectures and hands-on experience sessions. The 16-week program will leverage NBCUniversal Telemundo Enterprises’ new state-of-the-art global headquarters, Telemundo Center, an industry-leading production and broadcasting facility equipped with the latest technology and world-class, multi-platform production capabilities. Officially opening later this spring, Telemundo Center is the epicenter of the Hispanic world in America, an inspiring place where innovation, research, and culture intersect to drive the future of media forward.

“We are committed to empowering and educating the next generation of leaders,” said Cesar Conde, Chairman, NBCUniversal International Group and NBCUniversal Telemundo Enterprises. “Telemundo Academy is the vehicle to jump-start their careers, unlock their innovative spirit and deliver the competitive edge for their futures.”

Beginning this month, 30 students with an interest in pursuing media careers will be chosen from both schools to enroll in Telemundo Academy’s 16-week program, offering students a complete curricular experience focused on the processes and elements of creating an original production.

“We are changing the game in education by changing how we educate students,” said Pitbull. “This partnership will give students hands-on industry experience. We’re excited to partner with Telemundo to engage students in a world beyond the classroom.”

The educational curriculum will include a diverse range of subjects related to media production including Digital and Social Media, Production Elements, Research, and The Power of Storytelling. As part of the program, students will be split into teams and present a 60-90 second video to showcase what they have learned throughout the program.  Teams will present their campaign videos to members of Telemundo’s leadership, and the winning team will be selected as the Best Campaign. The winners will be invited to an exclusive Lunch & Learn Q&A session with Telemundo executives and be recognized in a feature across Telemundo’s “El Poder En Ti” platforms.

About NBCUniversal Telemundo Enterprises:
NBCUniversal Telemundo Enterprises is a world-class media company leading the industry in the production and distribution of high-quality Spanish-language content to U.S. Hispanics and audiences around the world. This fast-growing multiplatform portfolio is comprised of the Telemundo Network and Station Group, Telemundo Deportes, Telemundo Global Studios, Universo, and a Digital Enterprises & Emerging Business unit. Telemundo Network features original Spanish-language entertainment, news and sports content reaching 94% of U.S. Hispanic TV households in 210 markets through 27 local stations, 51 affiliates and its national feed. Telemundo also owns WKAQ, a television station that serves viewers in Puerto Rico. Telemundo Deportes is the designated Spanish-language home of two of the world’s most popular sporting events: FIFA World Cup™ through 2026 and the Summer Olympic Games through 2032. Telemundo Global Studios is the company’s domestic and international scripted production unit including Telemundo Studios, Telemundo International Studios, Telemundo International, as well as all of the company’s co-production partnerships.  As the #1 media company reaching Hispanics and millennials online, the Digital Enterprises & Emerging Business unit distributes original content across multiple platforms, maximizing its exclusive partnerships with properties such as BuzzFeed, Vox, and Snapchat. Through Telemundo Internacional, the largest U.S.-based distributor of Spanish-language content in the world, and Universo, the fastest growing Hispanic entertainment cable network, the company reflects the diverse lifestyle, cultural experience and language of its expanding audience. NBCUniversal Telemundo Enterprises is a division of NBCUniversal, a subsidiary of Comcast Corporation.

Photo – https://mma.prnewswire.com/media/651467/NBCUniversal_Telemundo_Pitbull.jpg
Logo – https://mma.prnewswire.com/media/456061/NBCUniversal_Telemundo_Logo.jpg

SOURCE NBCUniversal Telemundo Enterprises

Add Your Vehicle to Spring Forward Safety Checklist

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BETHESDA, Md., March 7, 2018 /PRNewswire-HISPANIC PR WIRE/ — Spring is here and its arrival means warmer weather, more hours of daylight and spring break travel. As you set your clocks forward on March 11, and plan to check your smoke and carbon monoxide detectors, take a few steps to make sure your vehicle is safe and road-trip ready, says the non-profit Car Care Council.

  • Check that all interior and exterior lighting is working properly and replace worn wiper blades so you can see clearly when driving at night and during spring showers.
  • Check the tires, including tire pressure and tread. Underinflated tires reduce a vehicle’s fuel economy and uneven wear indicates a need for wheel alignment. Tires should also be checked for bulges and bald spots.
  • Check filters and fluids, including engine oil, power steering and brake and transmission, as well as windshield washer solvent and antifreeze/coolant. Dirty air filters can waste gas and cause the engine to lose power.
  • Check the hoses and belts and replace if they become loose, cracked, brittle, frayed or show signs of excessive wear as they are critical to the proper functioning of the electrical, air conditioning, power steering and cooling systems.
  • Check the brake system and make sure the battery connection is clean, tight and corrosion-free.
  • Check if there is a defect in your vehicle on the National Highway Traffic Safety Administration (NHTSA) website at www.nhtsa.gov/recalls by using the VIN look-up too. Watch a step-by-step video on how to locate your VIN and find out more about how recalls work.

“Checking your vehicle thoroughly and taking steps to have auto repairs performed before the spring and summer driving season will not only give you peace of mind, but will also help avoid the inconvenience and potential safety hazards of breaking down when you’re miles from home,” said Rich White, executive director, Car Care Council.

About the Car Care Council:
The Car Care Council is the source of information for the “Be Car Care Aware” consumer education campaign promoting the benefits of regular vehicle care, maintenance and repair to consumers. For the latest car care news, visit the council’s online media room at http://media.carcare.org. To order a free copy of the popular Car Care Guide, visit the council’s consumer education website at www.carcare.org

Logo – https://mma.prnewswire.com/media/539428/Car_Care_Council_Be_Car_Care_Aware_Logo.jpg

SOURCE Car Care Council

Top Three Ways Scammers Steal Your Tax Refund

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CTEC_Logo

SACRAMENTO, California, March 7, 2018 /PRNewswire-HISPANIC PR WIRE/ — Did you know tax preparers are not allowed to take a percentage of your tax refund as compensation? Nor can they base their fee on the amount of your tax refund. And you should never trust advertisements that “guarantee” tax refunds before reviewing your paperwork.

CTEC_Logo

“How can anyone know if you’re entitled to a tax refund until they’ve looked at your paperwork? It’s simple. They can’t,” said Lester Crawford, chair of the California Tax Education Council (CTEC), a state-mandated nonprofit organization that manages the registration of more than 40,000 unlicensed tax preparers.

“The key to staying out of trouble with the IRS and getting the so-called ‘biggest refund’ is all about how much the tax preparer knows about tax laws,” Crawford said.

It is one of the reasons why California requires tax preparers to be licensed or registered.

Anyone who prepares tax returns for a fee must be either an attorney, certified public accountant (CPA), CTEC-registered tax preparer (CRTP) or enrolled agent (EA). Each professional must pass an initial test and follow educational requirements.

Yet despite state requirements, there are still rogue tax preparers who are stealing tax refunds from unsuspecting taxpayers.

“They’re the hardest to track down because they don’t sign client tax returns. They just take the money and vanish,” said Esperanza Escobedo, CRTP and CTEC board member.

Below are the top three facts taxpayers should know about tax refunds…

  • The tax refund should always be deposited or mailed directly to you. Never to the tax preparer.
  • The fee should be based on the complexity of your tax return, not the amount of your tax refund.
  • Never trust a tax preparer who promises “bigger” tax refunds than competitors or guarantees a tax refund before reviewing your information.

“If the tax preparer somehow wants a piece of your refund? Walk away,” Escobedo said.

CTEC is a nonprofit organization that was established in 1997 by the California State Legislature to protect taxpayers against fraud and incompetent tax preparers. Visit ctec.org.

Logo – https://mma.prnewswire.com/media/641000/CTEC_Logo.jpg

SOURCE California Tax Education Council

(Español) InSinkErator® retira del mercado interruptor para triturador de desperdicios SinkTop™ debido a riesgo de incendio

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The U.S. Consumer Product Safety Commission is an independent federal agency created by Congress in 1973 and charged with protecting the American public from unreasonable risks of serious injury or death from more than 15,000 types of consumer products under the agency's jurisdiction. To report a dangerous product or a product-related injury, call the CPSC hotline at 1-800-638-2772, or visit http://www.saferproducts.gov. Further recall information is available at http://www.cpsc.gov.

Sorry, this entry is only available in Español.

Despite Hurricane Harvey, Texas home sales and prices break records again

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Texas Association of Realtors logo.

AUSTIN, Texas, March 7, 2018 /PRNewswire-HISPANIC PR WIRE/ — Texas home sales volume and home prices reached all-time highs for the third year in a row, according to the 2017 Texas Real Estate Year in Review report released today by the Texas Association of Realtors.

Texas Association of Realtors logo.

“Despite the devastation of Hurricane Harvey, the Texas housing market had a very strong fourth quarter, helping solidify 2017 as another record-breaking year in Texas real estate,” said Kaki Lybbert, chairman of the Texas Association of Realtors. “The strong growth in the housing market can be attributed to the sizable influx of residents and job growth across the state in 2017. With more than half a million people moving to the Lone Star State each year, we anticipate the Texas housing market will remain a hotbed for activity.”

Texas home sales jumped 4 percent in 2017, with 336,502 homes sold statewide. Home prices also experienced steady increases in 2017, with the median sales price increasing 6.7 percent from the year prior to $223,990.

Jim Gaines, Ph.D., chief economist with the Real Estate Center at Texas A&M University, explained, “Across the state, we are projecting sales activity to be even more robust in 2018. One of the big drivers will be from first-time homebuyers finding opportunity in the market with more builders focusing on the entry-level price point and lenders relaxing the requirements for first-time homebuyers. Additionally, the likelihood of more volatile interest rates in 2018 will influence homebuyers to buy now rather than later.”

Housing inventory across the state dipped 0.1 months to 3.1 months of inventory in December 2017. According to the Real Estate Center at Texas A&M University, a market balanced between supply and demand has between 6.0 and 6.5 months of inventory.

Texas homes continued to spend approximately the same length of time on the market in 2017, an average of 57 days, and active listings increased 5.5 percent from 2016 to 2017.

Chairman Lybbert concluded, “The Texas housing market remains in such high demand that we continue to see low levels of housing inventory and strong increases in home prices. While that continues to be good news for property owners, Texas Realtors will also continue to advocate for affordable options for all Texans.”

About the Texas Real Estate Year in Review Report
Data for the Texas Real Estate Year in Review Report is provided by the Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, the Real Estate Center at Texas A&M University, and the Texas Association of REALTORS®. The report provides annual real estate sales data from a statewide perspective and for 25 metropolitan statistical areas in Texas. To view the report in its entirety, visit TexasRealEstate.com.

About the Texas Association of REALTORS®
With more than 114,000 members, the Texas Association of REALTORS® is a professional membership organization that represents all aspects of real estate in Texas. We advocate on behalf of Texas REALTORS® and private-property owners to keep homeownership affordable, protect private-property rights, and promote public policies that benefit homeowners. Visit TexasRealEstate.com to learn more.

CONTACT: Hunter Dodson, 512-4484950, [email protected]

Logo – https://mma.prnewswire.com/media/175272/texas_association_of_realtors_logo.jpg

SOURCE Texas Association of Realtors