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Realty Blog By Monica

Realty Blog By Monica

August 29, 2013

Monica Foster

Buyer & Seller Perks in Today’s Housing Market

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March 25, 2021 - General Information
Right now, the housing market is full of outstanding opportunities for both buyers and sellers. Whether you’re thinking of buying your first home, moving up to a bigger one, or selling so you can downsize this spring, there are perks today that [...] Read More
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Monica Foster March 25, 2021

Why You Should Think About Listing Prices Like an Auction’s Reserve Price

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March 24, 2021 - General Information
For generations, the homebuying process never really changed. The seller would try to estimate the market value of the home and tack on a little extra to give themselves some negotiating room. That figure would become the listing price of [...] Read More
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Monica Foster March 24, 2021

Should We Fear the Surge in Cash-Out Refinances?

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March 23, 2021 - General Information
Freddie Mac recently released their Quarterly Refinance Statistics report which covers refinances through 2020. The report explains that the dollar amount of cash-out refinances was greater in 2020 than in recent years. A cash-out refinance, as defined by Investopia, is: [...] Read More
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Monica Foster March 23, 2021

What Credit Score Do You Need for a Mortgage?

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March 22, 2021 - General Information
According to data from the most recent Origination Insight Report by Ellie Mae, the average FICO® score on closed loans reached 753 in February. As lending standards have tightened recently, many are concerned over whether or not their credit score is strong [...] Read More
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Monica Foster March 22, 2021

Americans See Major Home Equity Gains

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March 19, 2021 - General Information
Some Highlights Today’s home price appreciation is driving equity higher throughout the country. If your needs are changing and you’re ready for a new home, your equity may be a great asset to power your next move. Now is a [...] Read More
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Monica Foster March 19, 2021

To Renovate or Not To Renovate Before You Sell

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March 18, 2021 - General Information
When thinking about selling, homeowners often feel they need to get their house ready with some remodeling to make it more appealing to buyers. However, with so many buyers competing for available homes right now, renovations may not be as [...] Read More
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Monica Foster March 18, 2021

What Is the Strongest Tailwind to Today’s Recovering Economy?

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March 17, 2021 - General Information
Last year started off with a bang. Unemployment was under 4%, forecasters were giddy with their projections for the economy, and the residential housing market had the strongest January and February activity in over a decade. Then came the announcement [...] Read More
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Monica Foster March 17, 2021

What Is the #1 Financial Benefit of Homeownership?

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March 16, 2021 - General Information
There are many financial and non-financial benefits of homeownership, and the greatest financial one is wealth creation. Homeownership has always been the first rung on the ladder that leads to forming household wealth. As Freddie Mac explains: “Homeownership has cemented [...] Read More
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Monica Foster March 16, 2021

How to Make a Winning Offer on a Home

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March 15, 2021 - General Information
Today’s homebuyers are faced with a strong sellers’ market, which means there are a lot of active buyers competing for a relatively low number of available homes. As a result, it’s essential to understand how to make a confident and [...] Read More
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Monica Foster March 15, 2021

Stunning 2 Story 7BD 5BA Home with Pool For Sale in League City

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March 14, 2021 - Sold Listings
With a back yard oasis that boasts an award-winning pool, covered patio, pergola w/fire pit & fantastic lake views, you will feel like you're on vacation 365 days/year! Stunning 8' front door invites you, where you'll find 20' ceilings & [...] Read More
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Monica Foster March 14, 2021
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Monica M. Foster

Monica M. Foster
The Monica Foster Team

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