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Archives

Why Today’s Options Will Save Homeowners from Foreclosure

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October 30, 2020 - General Information
Many housing experts originally voiced concern that the mortgage forbearance program (which allows families impacted financially by COVID to delay mortgage payments to a later date) could lead to an increase in foreclosures when forbearances end. Some originally forecasted that [...] Read More
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Monica Foster October 30, 2020

Home Values Projected to Keep Rising

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October 30, 2020 - General Information
As we enter the final months of 2020 and continue to work through the challenges this year has brought, some of us wonder what impact continued economic uncertainty could have on home prices. Looking at the big picture, the rules [...] Read More
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Monica Foster

Selling Your House Is the Right Move, Right Now

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October 30, 2020 - General Information
Some Highlights Demand from homebuyers has skyrocketed this year, which means today’s sellers are poised to win big. This ideal moment in time to sell your house won’t last forever, though. With more sellers coming to the market in the [...] Read More
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Monica Foster

Two Important Impacts of Home Equity

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October 30, 2020 - General Information
Equity continues to rise, helping American homeowners secure a much more stable financial future. According to the most recent data from CoreLogic, the average homeowner gained $9,800 in equity over the past year. In addition, experts project 2020 home prices [...] Read More
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Monica Foster

How Down Payment Assistance Opens the Door to Homeownership

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October 30, 2020 - General Information
Many people are eager to buy a home right now while affordability continues to be a highlight of the current housing market. However, a recent survey by Sparks Research shows that 20% of first-time homebuyers cite a lack of financial [...] Read More
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Monica Foster

Buyer Interest Is Growing among Younger Generations

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October 30, 2020 - General Information
The demand for homes this year is extraordinary as record-breaking numbers of hopeful buyers continue to shop for homes. In a normal year, the peak homebuying season comes to a close by early fall. However, 2020 is anything but a [...] Read More
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Monica Foster

Three Ways Low Inventory Is a Win for Sellers

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October 30, 2020 - General Information
The number of houses for sale today is significantly lower than the high buyer activity in the current housing market. According to Lawrence Yun, Chief Economist for the National Association of Realtors (NAR): “There is no shortage of hopeful, potential [...] Read More
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Monica Foster

Should I Renovate My House Before I Sell It?

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October 30, 2020 - General Information
Some Highlights In today’s hyper-competitive market, buyers are often willing to overlook cosmetic or minor repair needs if it means snagging a home in their price range. With so few houses available for sale today, you may be able to [...] Read More
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Monica Foster

How to Prepare for a Bidding War

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October 16, 2020 - General Information
Some Highlights With so few houses available on the market today, being ready for a bidding war is essential for prospective homebuyers. From pre-approval to making your best offer, here are three tips to make sure you can act quickly [...] Read More
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Monica Foster October 16, 2020

Do You Need to Know More about Forbearance and Mortgage Relief Options?

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October 15, 2020 - General Information
Earlier this year when the nation pressed pause on the economy and unemployment rates jumped up significantly, many homeowners were immediately concerned about being able to pay their mortgages, and understandably so. To assist in this challenging time, two protection [...] Read More
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Monica Foster October 15, 2020
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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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