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Archives

Today’s Real Estate Market Explained Through 4 Key Trends

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July 22, 2021 - General Information
As we move into the second half of the year, one thing is clear: the current real estate market is one for the record books. The exact mix of conditions we have today creates opportunities for both buyers and sellers. [...] Read More
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Monica Foster July 22, 2021

Remote Work Has Changed Our Home Needs. Is It Time for Your Home To Change, Too?

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July 21, 2021 - General Information
Over the past year, many homeowners realized what they need in a home is changing, especially with the rise in remote work. If you’re longing for a dedicated home office or a change in scenery, now may be the time [...] Read More
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Monica Foster July 21, 2021

3 Charts That Show This Isn’t a Housing Bubble

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July 20, 2021 - General Information
With home prices continuing to deliver double-digit increases, some are concerned we’re in a housing bubble like the one in 2006. However, a closer look at the market data indicates this is nothing like 2006 for three major reasons. 1. [...] Read More
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Monica Foster July 20, 2021

What You Should Do Before Interest Rates Rise

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July 19, 2021 - General Information
In today’s real estate market, mortgage interest rates are near record lows. If you’ve been in your current home for several years and haven’t refinanced lately, there’s a good chance you have a mortgage with an interest rate higher than [...] Read More
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Monica Foster July 19, 2021

Experts Agree: Options Are Improving for Buyers

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July 16, 2021 - General Information
Some Highlights Buyers hoping for more homes to choose from may be in luck as housing inventory begins to rise. Many experts agree – new sellers listing their homes is great news for buyers and the overall market. Although the [...] Read More
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Monica Foster July 16, 2021

Diving Deep into Today’s Biggest Buyer Concerns

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July 15, 2021 - General Information
Last week, Fannie Mae released their Home Purchase Sentiment Index (HPSI). Though the survey showed 77% of respondents believe it’s a “good time to sell,” it also confirms what many are sensing: an increasing number of Americans believe it’s a [...] Read More
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Monica Foster July 15, 2021

Housing Supply Is Rising. What Does That Mean for You?

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July 14, 2021 - General Information
An important factor in today’s market is the number of homes for sale. While inventory levels continue to sit near historic lows, there are indications we may have hit the lowest point we’ll see. Odeta Kushi, Deputy Chief Economist at [...] Read More
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Monica Foster July 14, 2021

Why This Isn’t Your Typical Summer Housing Market

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July 13, 2021 - General Information
In real estate, it’s normal to see ebbs and flows in the market. Typically, the summer months are slower-paced than the traditionally busy spring. But this isn’t a typical summer. As the economy rebounds and life is returning to normal, [...] Read More
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Monica Foster July 13, 2021

4 Major Incentives To Sell This Summer

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July 12, 2021 - General Information
While the housing market forecast for the second half of the year remains positive, there may not be a better time to sell than right now. Here are four things to consider if you’re trying to decide if now’s the [...] Read More
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Monica Foster July 12, 2021

Your Home Equity Can Take You Places

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July 9, 2021 - General Information
Some Highlights The amount of wealth Americans have stored in their homes has increased astronomically. On average, homeowners gained $33,400 in equity over the last 12 months, and the average equity on mortgaged homes is now $216,000. When it’s time [...] Read More
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Monica Foster July 9, 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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