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Sterling Residential, Realtors
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Understanding Texas Agency & Information About Brokerage Services
Who’s working for you? Understanding your agency relationship with a Texas broker is essential for a successful home purchase or sale.
Web Site Resources for Consumers
Web site resources of interest to homebuyers and homesellers in Texas including sites for information about brokerage services, credit reporting, financing, insurance, taxes, inspections, remodeling, and more.
Buyers: Four Ways to Fix Bad Credit
What’s your credit look like? The best time to examine your credit is before you need financing. Poor credit costs you real dollars at closing, so here are some tips to get your credit back in good form.
How to Secure Home Financing the Smart Way
What do savvy homebuyers know about financing the smart way? Here’s a list of some essentials you’ll need to consider when financing your home purchase.
7 Reasons to Own Your Own Home
Homeowners enjoy many benefits and incentives for maintaing their investment including tax breaks, savings, and appreciation. When deciding whether to rent or buy, you should consider the financial benefits to owning a place of your own.
How Much Does That Home Really Cost?
What should you know about home maintenance costs? There’s more to home ownership than the cost of financing and you can consider the costs of living in your home with this handy checklist.
10 Steps to Prepare for Homeownership
Here’s a simple list of things you can do to prepare for your home purchase. Starting the process now by planning your financing, home search, downpayment, and more.
Homeowner Insurance: 7 Tips for Texans
Texas Homeowners know that insurance prices have risen dramatically. If you’re considering a home purchase, here are some suggestions to help you manage the high cost of homeowner’s insurance.
Questions Buyers Should Ask a Mortgage Lender
There is a lot more to the mortgage process than getting a good rate. High costs in fees and poor service can come as very unhappy surprises.
A Home Inspection is Well Worth the Cost
When buying a home, how do you know what you’re getting? Here are some suggested questions to ask your home inspection professional.
Landscaping: Little Touches Make the Difference
The right landscape design can make all the difference to a prospective buyer, especially when it’s beautifully and carefully executed. Here are some ways to add appeal to your home and yard.
Selling Your Home? Less is Definitely More
Marketing means appealing to the broadest market possible —- and removing some of your possessions and changing to a neutral decor will open up your home to more potential buyers. Here are a few tips to make your home more attractive to a potential buyer.
Selling Your Home? Staging Your Home to Sell
You know that everything in your home should be clean and orderly, but aside from that, how do you broaden the appeal of your home to today’s home buyers.
For Sale By Owner: 10 Steps to Prepare for Do-It-Yourself Home Selling
If FSBO home selling is for you, start the planning process with these 10 steps to Do-It-Yourself home selling. In today’s marketplace, more buyers than ever are working with agents, so it’s important to plan your selling decision.
For Sale By Owner: Tips on How to Price Your Home
What’s the the most prevalent mistake made by FSBOs? Overpricing your home wastes time and resources. Pricing your home according to market conditions is essential selling, and since more buyers than ever are working with a Realtor, they come to the table informed and prepared with market-value information.
17 Simple Things to Make Your Home More Marketable
You don’t have to spend a fortune to market your home in most cases. Here’s a quick list of some essential tips for getting your home market ready.
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.
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.
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.