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Archives

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

The Best Use of Time (and Money) When It Comes to Renovations

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August 12, 2021 - General Information
In the current sellers’ market, many homeowners wonder what, if anything, needs to be remodeled before they list their house. That’s where a trusted real estate professional comes in. They can help you think through today’s market conditions and how [...] Read More
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Monica Foster August 12, 2021

Are Houses Less Affordable Than They Were in Past Decades?

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August 11, 2021 - General Information
There are many headlines about how housing affordability is declining. The headlines are correct: it’s less affordable to purchase a home today than it was a year ago. However, it’s important to give this trend context. Is it less expensive [...] Read More
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Monica Foster August 11, 2021

Looking for a Place To Call Home? Consider a Condominium.

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August 10, 2021 - General Information
It’s no secret that one of the top stories in today’s real estate market is low housing supply and high buyer demand. If you’re a first-time buyer looking for a starter home or are someone who’s interested in downsizing, it [...] Read More
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Monica Foster August 10, 2021

The Community and Economic Impacts of a Home Sale

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August 9, 2021 - General Information
If you’re thinking of buying or selling a house, chances are you’re focusing on the many extraordinary ways it’ll change your life. What you may not realize is that decision impacts people’s lives far beyond your own. Home purchases and [...] Read More
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Monica Foster August 9, 2021

Ready To Sell, but Don’t Know Where You’ll Go?

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August 6, 2021 - General Information
Some Highlights If you’re thinking of selling your house but don’t know what you should buy, you have options. Existing homes offer a wide variety of home styles, an established neighborhood, and lived-in charm. Meanwhile, new home construction lets you [...] Read More
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Monica Foster August 6, 2021

Surprising Shift Favors Homeowners: Buyers Now Prefer Existing Homes

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August 5, 2021 - General Information
In April, the National Association of Home Builders (NAHB) posted an article, Home Buyers’ Preferences Shift Towards New Construction, which reported: “60% of people who were looking to buy a home in 2020 said they’d prefer new construction to an [...] Read More
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Monica Foster August 5, 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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