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Archives

How Misunderstandings about Affordability Could Cost You

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May 27, 2021 - General Information
There’s a lot of discussion about affordability as home prices continue to appreciate rapidly. Even though the most recent index on affordability from the National Association of Realtors (NAR) shows homes are more affordable today than the historical average, some [...] Read More
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Monica Foster May 27, 2021

Buying a Home Is Still Affordable

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May 26, 2021 - General Information
The last year has put emphasis on the importance of one’s home. As a result, some renters are making the jump into homeownership while some homeowners are re-evaluating their current house and considering a move to one that better fits [...] Read More
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Monica Foster May 26, 2021

Where Do Experts Say the Housing Market Is Heading?

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May 25, 2021 - General Information
As we enter the middle of 2021, many are wondering if we’ll see big changes in the housing market during the second half of this year. Here’s a look at what some experts have to say about key factors that [...] Read More
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Monica Foster May 25, 2021

3 Things To Prioritize When Selling Your House

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May 24, 2021 - General Information
Today’s housing market is full of unprecedented opportunities. High buyer demand paired with record-low housing inventory is creating the ultimate sellers’ market, which means it’s a fantastic time to sell your house. However, that doesn’t mean sellers are guaranteed success [...] Read More
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Monica Foster May 24, 2021

Americans Choose Real Estate as the Best Investment

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May 21, 2021 - General Information
Some Highlights For the eighth year in a row, real estate maintained its position as the preferred long-term investment among Americans. Real estate has been gaining ground against stocks, gold, and savings accounts over the last 11 years and now [...] Read More
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Monica Foster May 21, 2021

Should I Move or Refinance?

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May 20, 2021 - General Information
The level of equity homeowners have is at an all-time high. According to the U.S. Census, over 38% of owner-occupied homes are owned free and clear, meaning they don’t have a mortgage. Those with a mortgage are seeing their equity [...] Read More
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Monica Foster May 20, 2021

Sellers Are Ready To Enter the Housing Market

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May 19, 2021 - General Information
One of the biggest questions in real estate today is, “When will sellers return to the housing market?” An ongoing shortage of home supply has created a hyper-competitive environment for hopeful buyers, leading to the ultimate sellers’ market. However, as [...] Read More
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Monica Foster May 19, 2021

Americans See Real Estate as a Better Investment Than Stocks or Gold

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May 18, 2021 - General Information
Last month, in a post on the Liberty Street Economics blog, the Federal Reserve Bank of New York noted that Americans believe buying a home is definitely or probably a better investment than buying stocks. Last week, a Gallup Poll [...] Read More
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Monica Foster May 18, 2021

Don’t Forget to Budget for Closing Costs

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May 17, 2021 - General Information
When buying a home, it’s important to have a budget and make sure you plan ahead for certain homebuying expenses. Saving for a down payment is the main cost that comes to mind for many, but budgeting for the closing [...] Read More
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Monica Foster May 17, 2021

Your House Could Be the Oasis in an Inventory Desert

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May 14, 2021 - General Information
Homebuyers are flooding the housing market right now to take advantage of record-low mortgage rates. Many have a sense of urgency to find a home soon since experts forecast a steady rise in both rates and home prices this year [...] Read More
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Monica Foster May 14, 2021
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Monica M. Foster

Monica M. Foster
The Monica Foster Team

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