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Archives

What’s Happening with Home Prices?

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November 10, 2021 - General Information
Many people have questions about home prices right now. How much have prices risen over the past 12 months? What’s happening with home values right now? What’s projected for next year? Here’s a look at the answers to all three [...] Read More
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Monica Foster November 10, 2021

How Sellers Win When Housing Inventory Is Low

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November 9, 2021 - General Information
In today’s housing market, the number of homes for sale is much lower than the strong buyer demand. As a result, homeowners ready to sell have a significant advantage. Here are three ways today’s low inventory will set you up [...] Read More
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Monica Foster November 9, 2021

Two Graphs That Show Why You Shouldn’t Be Upset About 3% Mortgage Rates

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November 8, 2021 - General Information
With the average 30-year fixed mortgage rate from Freddie Mac climbing above 3%, rising rates are one of the topics dominating the discussion in the housing market today. And since experts project rates will rise further in the coming months, [...] Read More
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Monica Foster November 8, 2021

Numbers Don’t Lie – It’s Still a Great Time To Sell

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November 5, 2021 - General Information
Some Highlights Heading into the end of the year, you might wonder if it’s still a good time to sell your house. Here’s what the latest data from the National Association of Realtors (NAR) says. Housing supply is lower than [...] Read More
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Monica Foster November 5, 2021

Why a Wave of Foreclosures Is Not on the Way

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November 4, 2021 - General Information
With forbearance plans coming to an end, many are concerned the housing market will experience a wave of foreclosures similar to what happened after the housing bubble 15 years ago. Here are a few reasons why that won’t happen. There [...] Read More
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Monica Foster November 4, 2021

Experts Project Mortgage Rates Will Continue To Rise in 2022

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November 3, 2021 - General Information
Mortgage rates are one of several factors that impact how much you can afford if you’re buying a home. When rates are low, they help you get more house for your money. Within the last year, mortgage rates have hit [...] Read More
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Monica Foster November 3, 2021

Sellers Have Incredible Leverage in Today’s Market

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November 2, 2021 - General Information
With mortgage rates climbing above 3% for the first time in months, serious buyers are more motivated than ever to find a home before the end of the year. Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), puts [...] Read More
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Monica Foster November 2, 2021

Renters Missed Out on $51,500 This Past Year

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November 1, 2021 - General Information
Rents have increased significantly this year. The latest National Rent Report from Apartmentlist.com shows rents are rising at a rate much higher than the three years leading up to the pandemic: “Since January of this year, the national median rent has [...] Read More
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Monica Foster November 1, 2021

The Mortgage Process Doesn’t Have To Be Scary

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October 29, 2021 - General Information
Some Highlights Applying for a mortgage is a big step towards homeownership, but it doesn’t need to be one you fear. Here are some tips to help you prepare. Know your credit score and work to build strong credit. When [...] Read More
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Monica Foster October 29, 2021

Housing Challenge or Housing Opportunity? It Depends.

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October 28, 2021 - General Information
The biggest challenge in real estate today is the lack of available homes for sale. The low housing supply has caused homes throughout the country to appreciate at a much faster rate than what we’ve experienced historically. There are many [...] Read More
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Monica Foster October 28, 2021
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Monica M. Foster

Monica M. Foster
The Monica Foster Team

Houston – Clear Lake – League City
Pasadena – Baytown – Beaumont
Galveston – Pearland – Sugarland
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