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Archives

How to Prepare Your House for a Winning Sale This Spring

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March 5, 2021 - General Information
Some Highlights With so few homes available to buy today, houses are in high demand, and they’re selling fast. That means it’s a great time to sell if you’re ready to make a move. Let’s connect to make sure your [...] Read More
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Monica Foster March 5, 2021

Is It a Good Time to Sell My House?

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March 4, 2021 - General Information
Last year, many homeowners thought twice about selling their houses due to the onset of the health crisis. This year, however, homeowners are beginning to regain their confidence when it comes to selling safely. The latest Home Purchase Sentiment Index [...] Read More
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Monica Foster March 4, 2021

How Smart Is It to Buy a Home Today?

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March 3, 2021 - General Information
Whether you’re buying your first home or selling your current house, if your needs are changing and you think you need to move, the decision can be complicated. You may have to take personal or professional considerations into account, and [...] Read More
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Monica Foster March 3, 2021

Home Prices: What Happened in 2020? What Will Happen This Year?

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March 2, 2021 - General Information
The real estate market was on fire during the second half of 2020. Buyer demand was way up, and the supply of homes available for sale hit record lows. The price of anything is determined by the supply and demand [...] Read More
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Monica Foster March 2, 2021

What Are the Benefits of a 20% Down Payment?

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March 1, 2021 - General Information
If you’re thinking of buying a home this year, you may be wondering how much money you need to come up with for your down payment. Many people may think it’s 20% of the loan to secure a mortgage. While [...] Read More
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Monica Foster March 1, 2021

It’s a Sellers’ Market

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February 26, 2021 - General Information
Some Highlights Over the past year, homeowners have gained an unprecedented opportunity to sell with great success while buyer demand is soaring. With homes selling twice as fast as they did last year at this time, getting multiple offers, and [...] Read More
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Monica Foster February 26, 2021

Are There Going to Be More Homes to Buy This Year?

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February 25, 2021 - General Information
If you’re looking for a home to purchase right now and having trouble finding one, you’re not alone. At a time like this when there are so few houses for sale, it’s normal to wonder if you’ll actually find one [...] Read More
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Monica Foster February 25, 2021

How Much Leverage Do Today’s House Sellers Have?

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February 24, 2021 - General Information
The housing market has been scorching hot over the last twelve months. Buyers and their high demand have far outnumbered sellers and a short supply of houses. According to the latest Existing Home Sales Report from the National Association of [...] Read More
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Monica Foster February 24, 2021

The Reason Mortgage Rates Are Projected to Increase and What It Means for You

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February 23, 2021 - General Information
We’re currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that rate is 2.81%. Flocks of homebuyers have been taking advantage of these remarkably low [...] Read More
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Monica Foster February 23, 2021

Where Have All the Houses Gone?

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February 22, 2021 - General Information
In today’s housing market, it seems harder than ever to find a home to buy. Before the health crisis hit us a year ago, there was already a shortage of homes for sale. When many homeowners delayed their plans to [...] Read More
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Monica Foster February 22, 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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