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About Us
Navigating the real estate process grows more complicated each year, and informed real estate consumers are the most satisfied when it comes to buying or selling in today’s marketplace. Informing real estate consumers is what this website is all about. Find Houston real estate tips, information, references, topical discussions, news links and resources about home buying, home selling or leasing from Sterling Residential®, Realtors®, a Houston-based real estate brokerage and BBB Online Reliability Program Member.
Website Features
The Compass Point
Sterling’s Blogger covers topical news and commentary related to current real estate news affecting home sellers and buyers.
HARMLS Property Search
Houston’s HARMLS is a comprehensive source of Realtor listings and housing information made available through Sterling Residential, Realtors affiliation with the Houston Association of Realtors MLS.
Houston Housing Market Conditions Report
Find current market information about price trends, sales, active listings, inventory and more for Houston area activity with a special emphasis on the greater North East Houston area.
Home Buyers & Home Seller Sections
Get the nuts and bolts tour through the home buying or home selling process with information and resources to get your planning started.
Mortgage & Real Estate Calculators
With viewable and printable reports, our mortgage calculators provide some basic planning tools for financing your home purchase.
Neighborhood Spotlight
You’ll find information about prices, listings, housing, and closed sales for current and prior years for Houston area neighborhoods.
Real Estate News
Nationally sourced news from today’s headlines provides a glimpse of topics from real estate markets around the country.
What’s Your Home’s Value?
Request an online request for a Comparable Market Summary or a Neighborhood Market Snapshots for your Houston area neighborhood. Information is available for the greater Houston area served by the Houston Association of Realtors MLS.
Learn About Sterling Select Services
Sterling Residential, Realtors Select Service Programs for Home Buyers and Home Sellers provide value and flexibility in real estate brokerage services. The Home Buyer and Seller Guides includes general information about Sterling Select Service options. Detailed service option descriptions are available to registered website visitors.
Establishing a working relationship with a broker is a significant undertaking, and registering with Sterling Residential, Realtors is your first step. Registration is required, and once your email and contact information is confirmed, you’ll enjoy access to all website features for 30 days.
Latest Blog Postings
Why should I pay asking price if the housing market has dropped 15%
Today’s Houston real estate asking prices are derived from local market conditions based on comparable sales prices paid by home buyers in a particular neighborhood. Despite recent sales volume declines, prices are holding steady across Houston. While that may not be true for all Houston area neighborhoods, there hasn’t been an overall 15% drop in Houston home values. The housing supply is growing — tending to favor home buyers — but it hasn’t increased enough to force home sellers into large double-digit price reductions.
Do Realtors share blame for mortgage mess?
A Houston Chronicle Real Estate discussion posted a few weeks ago asked if Realtors share blame for the mortgage crisis unwinding across the country. Citing dual-licensed Realtors (those holding real estate and mortgage brokers licenses) as part of the problem, some forum participants pointed to the potential conflict of interest between real estate and mortgage brokerage as a reason for the mortgage crisis, while others stated that dual-licensed Realtors couldn’t adequately perform both jobs as agent and mortgage broker. Both could be valid points — yet, the number of Realtors holding a both a real estate and mortgage license isn’t large enough to have contributed to the mortgage crisis in a significant way.
Houston Market Conditions
Buyer & Seller ResourcesJune 2008: Houston median house price buoyant despite slower sales
While most housing market indicators have been tracking negative for months, Houston’s median home price for existing single-family housing is positively buoyant despite steady declines in sale volumes in recent months — the median price increased 1.5% in June 2008 when compared to last year. Houston’s residential real estate housing market sales were lower again in June 2008 with a year-to-year sales decline of 15.1% — the slowest June sales volume since 2004. Nationally, sales were down 15.5%. Sales declines were across most property and price classes with the single largest declines in homes priced between $80,000 and $200,000. Pending sales were down over 20% indicating that sales declines will continue. Inventory supply and DOM are up almost 10% in year-to-year comparisons.
Real Estate News
- Getting a Mortgage Tougher for Buyers
- How the New First-Time Buyer Tax Credit Works
- House Passes Bill That May Stem Foreclosures
- Little-Known Loans for Buyers
- U.S. Senate Passes Housing Stimulus Bill
- Top 10 Cities to Buy a Home
- Fed Issues New Lending Rules
- Selling a Home in a Hurry Still Possible
- Tips for Buying Foreclosures
- Lawsuit Claims Countrywide Misled Borrowers