Home
Sterling Residential Resources & Information
FEATURED:
Houston Market Conditions
Find out what’s happening in the local Houston-area housing market with our monthly updates on the latest news, information, and trends. Stay up-to-date with all the local trends that affect buying or selling residential real estate in Houston, Texas.
Weekly Market Conditions
Local Activity Reports
View local data and download free local reports online.
Get your market information from a local source.
Find Out MoreWhat's Your Home's Value?
Buyer & Seller Resources
Accurate home pricing in a changing market is critical.
Request a free neighborhood market activity report online.
Neighborhood Spotlight
NE Houston SubdivisionsHome Search Options
Houston Listing Data Home & Realty ToolsMortgage Calculators
Buyers & Sellers ResourcesHouston Metro Links
Local Information
Learn about Houston culture and lifestyle
Information about activities, destinations, events, employment, government, community, recreation and more....
Find Out MoreTexas Consumer Disclosure
Texas Agency Information
Learn about Texas agency
and know who is working for you.
Information about brokerage services
Find Out MoreBetter Business Bureau
Membership Information
Sterling Residential, Realtors
Houston BBB Online Reliability Program Member.
Homeowner insurance makes up a significant portion of your housing debt expense and stretching your insurance dollar is more important than ever. Higher insurance costs reduce home affordability and Texas homeowner premiums are twice the national average…and increasing.
Find out what’s happening in the local Houston-area housing market with our monthly updates on the latest news, information, and trends. Stay up-to-date with all the local trends that affect buying or selling residential real estate in Houston, Texas.
The World Wide Web has a huge presence in Houston, Texas. Begin your discovery with our Houston Web Links to find what’s out there for business and pleasure.
Recent seasons demonstrated the devastation hurricanes bring to coastal areas, but as Tropical Storm Allison demonstrated a few years ago, a major storm is not required to create high levels of property damage and flooding.
Today, a whopping 30+ million of you are using the Internet as a gateway and self-help tool when making a buy or sell decision in today’s real estate market — and that number grows each month.
Real Estate News keeps you informed on the latest national real estate events and trends impacting your home sale or purchase. Simplify your information search. Subscribe to our RSS Feed and bring the news directly to you.
Understanding Texas Agency, Credit Repair Tips, Financing, Inspections, Marketing, Selling & More. Get tips & resources for Houston home buyers and sellers. View PDF files and download information helpful to Texas real estate consumers. Adobe Acrobat Reader required.
Monitor asking-price market changes from week to week and download Sterling’s Weekly Market Intelligence Reports for Crosby, Humble, Atascocita, Kingwood, Spring, and Houston Zip 77044 — printable reports illustrating asking price trends for listed homes.
The Compass Point Blog is your source for topical real estate news and commentary important to Texas home buyers and sellers. Send us your comments on posted topics! Subscribe to our RSS Feed and bring the information to your desktop.
Find Website Information at your fingertips, including Information About Brokerage Services, Fair Housing, REALTOR® Code of Ethics, TREC, Sterling Residential®, Realtors®, and more.
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