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Realty Blog By Monica

Realty Blog By Monica

August 29, 2013

Monica Foster

If Housing Affordability Is About the Money, Don’t Forget This.

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August 26, 2021 - General Information
There are many non-financial benefits of buying your own home. However, today’s headlines seem to be focusing primarily on the financial aspects of homeownership – specifically affordability. Many articles are making the claim that it’s not affordable to buy a [...] Read More
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Monica Foster August 26, 2021

Why 2021 Is Still the Year To Sell Your House

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August 25, 2021 - General Information
If you’re trying to decide whether or not to sell your house, this is the time to think seriously about making a move. Fannie Mae’s recent Home Purchase Sentiment Index (HPSI) reveals the number of respondents who say it’s a good [...] Read More
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Monica Foster August 25, 2021

What To Do with Your Vacation Home as Summer Ends

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August 24, 2021 - General Information
As summer comes to a close, is it time to think about selling your vacation home? Based on recent data and expert opinions, it’s something you may want to consider. According to research from the National Association of Realtors (NAR), [...] Read More
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Monica Foster August 24, 2021

What Do Experts Say About Today’s Mortgage Rates?

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August 23, 2021 - General Information
Mortgage rates are hovering near record lows, and that’s good news for today’s homebuyers. The graph below shows mortgage rates dating back to 2016 and where today falls by comparison. Generally speaking, when rates are low, you can afford more [...] Read More
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Monica Foster August 23, 2021

Options for First-Time Homebuyers

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August 20, 2021 - General Information
Some Highlights With a housing market this competitive, sometimes you have to think outside the box. Work with your trusted real estate advisors to do things like assess your budget, expand your search radius, look into other options, and determine [...] Read More
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Monica Foster August 20, 2021

More Young People Are Buying Homes

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August 19, 2021 - General Information
There’s a common misconception that younger generations aren’t interested in homeownership. Many people point to the fact that millennials put off purchasing their first home as a reason for this belief. Odeta Kushi, Deputy Chief Economist for First American, explains [...] Read More
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Monica Foster August 19, 2021

Real Estate: It’s Still a Lack of Supply, Not a Lack of Demand

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August 18, 2021 - General Information
One of the major questions real estate experts are asking today is whether prospective homebuyers still believe purchasing a home makes sense. Some claim rapidly rising home prices are impacting demand and, by extension, leading to the recent slowdown in [...] Read More
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Monica Foster August 18, 2021

What Does Being in a Sellers’ Market Mean?

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August 17, 2021 - General Information
Whether or not you’ve been following the real estate industry lately, there’s a good chance you’ve heard we’re in a serious sellers’ market. But what does that really mean? And why are conditions today so good for people who want [...] Read More
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Monica Foster August 17, 2021

A Look at Home Price Appreciation and What It Means for Sellers

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August 16, 2021 - General Information
When you hear the phrase home price appreciation, what does it mean to you? Through context clues alone, chances are you know it has to do with rising home prices. And as a seller, you know rising home prices are [...] Read More
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Monica Foster August 16, 2021

Sellers Are in a Sweet Spot

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August 13, 2021 - General Information
Some Highlights In today’s sellers’ market, you’re set up to win big when you list your house. That’s because homes are selling fast, receiving 4.4 offers on average and often selling above the asking price. Then, when you buy your [...] Read More
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Monica Foster August 13, 2021
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Monica M. Foster

Monica M. Foster
The Monica Foster Team

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Galveston – Pearland – Sugarland
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