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Archives

Home Is Where the Heart Is

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April 16, 2021 - General Information
Some Highlights There’s no doubt about it: homeowners love their homes, and that feeling has become even more important over the past year. The vast majority of homeowners say they’re emotionally attached to their home and that it has kept [...] Read More
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Monica Foster April 16, 2021

Why This Is a Great Year to Sell Your Vacation Home

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April 15, 2021 - General Information
As vaccines are administered and travel resumes, many of us are beginning to plan for those long-awaited vacations we missed out on over the past year. Some households are focusing their efforts on buying a vacation home rather than staying [...] Read More
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Monica Foster April 15, 2021

93% of Americans Believe a Home Is a Better Investment Than Stocks

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April 14, 2021 - General Information
A recent Survey of Consumer Finances study released by the Federal Reserve reveals the net worth of homeowners is forty times greater than that of renters. If you’re wondering if homeownership is a good investment, the study clearly answers that [...] Read More
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Monica Foster April 14, 2021

Some Buyers Prefer Smaller Homes

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April 13, 2021 - General Information
Over the past year, we’ve had plenty of opportunities to reflect on what we consider most important in our lives. The place we call home is one of the biggest things many of us are reevaluating. George Ratiu, Senior Economist [...] Read More
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Monica Foster April 13, 2021

4 Major Reasons Households in Forbearance Won’t Lose Their Homes to Foreclosure

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April 12, 2021 - General Information
There has been a lot of discussion as to what will happen once the 2.3 million households currently in forbearance no longer have the protection of the program. Some assume there could potentially be millions of foreclosures ready to hit [...] Read More
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Monica Foster April 12, 2021

Multigenerational Housing Is Gaining Momentum

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April 9, 2021 - General Information
Some Highlights If your house is feeling a little cramped with the addition of adult children or aging parents, it might be time to consider a move-up into a multigenerational home that better suits your changing needs. With benefits that [...] Read More
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Monica Foster April 9, 2021

Homeownership Is Full of Financial Benefits

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April 8, 2021 - General Information
A Fannie Mae survey recently revealed some of the most highly-rated benefits of homeownership, which continue to be key drivers in today’s power-packed housing market. Here are the top four financial benefits of owning a home according to consumer respondents: [...] Read More
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Monica Foster April 8, 2021

Latest Jobs Report: What Does It Mean for You & the Housing Market?

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April 7, 2021 - General Information
Last Friday, the Bureau of Labor Statistics released a very encouraging jobs report. The economy gained 916,000 jobs in March – well above expert projections of 650,000 to 675,000. The unemployment rate fell again and is now at 6%. What [...] Read More
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Monica Foster April 7, 2021

Don’t Sell on Your Own Just Because It’s a Sellers’ Market

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April 6, 2021 - General Information
In a sellers’ market, some homeowners might be tempted to try to sell their house on their own (known as For Sale By Owner, or FSBO) instead of working with a trusted real estate professional. When the inventory of homes [...] Read More
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Monica Foster April 6, 2021

Your Tax Refund and Stimulus Savings May Help You Achieve Homeownership This Year

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April 5, 2021 - General Information
If you’re planning to buy a home this year, saving for a down payment is one of the most important steps in the process. One of the best ways to jumpstart your savings is by starting with the help of [...] Read More
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Monica Foster April 5, 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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