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Archives

The Big Question: Should You Renovate or Move?

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October 13, 2021 - General Information
The last 18 months changed what many buyers are looking for in a home. Recently, the American Institute of Architects released their AIA Home Design Trends Survey results for Q3 2021. The survey reveals the following: 70% of respondents want [...] Read More
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Monica Foster October 13, 2021

Don’t Wait for a Lower Mortgage Rate – It Could Cost You

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October 12, 2021 - General Information
Today’s housing market is truly one for the record books. Over the past year, we’ve seen the lowest mortgage rates in history. And while those rates seemed to bottom out in January of this year, the golden window of opportunity [...] Read More
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Monica Foster October 12, 2021

Experts Agree: Homeownership Provides a Path to Long-Term Wealth

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October 11, 2021 - General Information
A recent survey from LendingTree.com found there are multiple reasons why Americans would choose to purchase a home instead of renting. Some of the most popular non-financial reasons given include: The flexibility to make the space your own The pride [...] Read More
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Monica Foster October 11, 2021

What’s Causing Today’s Competitive Real Estate Market?

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October 8, 2021 - General Information
Some Highlights Today’s strong sellers’ market is the direct result of high demand and low supply. Low mortgage rates and generational trends have created an increased demand for homes. Meanwhile, the slower pace of new home construction and homeowners staying [...] Read More
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Monica Foster October 8, 2021

111,285 Reasons You Should Buy a Home This Year

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October 7, 2021 - General Information
The financial benefits of buying a home versus renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner. According to the latest research from the [...] Read More
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Monica Foster October 7, 2021

What Do Supply and Demand Tell Us About Today’s Housing Market?

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October 6, 2021 - General Information
There’s a well-known economic theory – the law of supply and demand – that explains what’s happening with prices in the current real estate market. Put simply, when demand for an item is high, prices rise. When the supply of [...] Read More
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Monica Foster October 6, 2021

The Main Key To Understanding the Rise in Mortgage Rates

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October 5, 2021 - General Information
Every Thursday, Freddie Mac releases the results of their Primary Mortgage Market Survey which reveals the most recent movement in the 30-year fixed mortgage rate. Last week, the rate was announced as 3.01%. It was the first time in three [...] Read More
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Monica Foster October 5, 2021

4 Tips To Prep for Your Home Sale This Fall

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October 4, 2021 - General Information
Even in a hot sellers’ market like today’s in which homes are selling so quickly, it’s still important to make a good first impression on potential buyers. Taking the time upfront to prep your house appropriately can bring in the [...] Read More
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Monica Foster October 4, 2021

As Home Equity Rises, So Does Your Wealth

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October 1, 2021 - General Information
Homeownership is still a crucial part of the American dream. For those people who own a home (and those looking to buy one), it’s clear that being a homeowner has considerable benefits both emotionally and financially. In addition to long-term [...] Read More
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Monica Foster October 1, 2021

Reasons Renters Buy

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October 1, 2021 - General Information
Some Highlights When deciding whether you should rent or buy, make sure you’re considering these factors. Buying a home means consistent monthly payments. Homeownership also helps to build your wealth. And owning a home gives you greater flexibility than renting. [...] Read More
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Monica Foster
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Monica M. Foster

Monica M. Foster
The Monica Foster Team

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