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Archives

How Will the Presidential Election Impact Real Estate?

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September 2, 2020 - General Information
The year 2020 will be remembered as one of the most challenging times of our lives. A worldwide pandemic, a recession causing historic unemployment, and a level of social unrest perhaps never seen before have all changed the way we [...] Read More
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Monica Foster September 2, 2020

It’s Not Just About the Price of the Home

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September 1, 2020 - General Information
When most of us begin searching for a home, we naturally start by looking at the price. It’s important, however, to closely consider what else impacts the purchase. It’s not just the price of the house that matters, but the [...] Read More
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Monica Foster September 1, 2020

Three Ways to Win in a Bidding War

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August 31, 2020 - General Information
With so few houses for sale today and low mortgage rates driving buyer activity, bidding wars are becoming more common. Multiple-offer scenarios are heating up, so it’s important to get pre-approved before you start your search. This way, you can [...] Read More
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Monica Foster August 31, 2020

The Cost of Renting Vs. Buying a Home

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August 28, 2020 - General Information
Some Highlights The percentage of income needed to afford a median-priced home today is declining, while that for renting is on the rise. This is making buying a home an increasingly attractive option for many people, especially with low mortgage [...] Read More
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Monica Foster August 28, 2020

Why Is It so Important to Be Pre-Approved in the Homebuying Process?

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August 27, 2020 - General Information
You may have heard that pre-approval is a great first step in the homebuying process. But why is it so important? When looking for a home, the temptation to fall in love with a house that’s outside your budget is [...] Read More
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Monica Foster August 27, 2020

Should You Buy an Existing Home or New Construction?

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August 26, 2020 - General Information
Finding the right home to purchase today is one of the biggest challenges for potential buyers. With so few homes for sale and construction of newly built homes ramping up, you may be wondering if you should consider new construction [...] Read More
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Monica Foster August 26, 2020

Builders & Realtors Agree: Real Estate Is Back

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August 25, 2020 - General Information
When shelter-in-place orders brought the economy to a screeching halt earlier this year, many believed the residential housing market would follow suit. Countless analysts predicted buyer demand would disappear and home values would depreciate for the first time in almost [...] Read More
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Monica Foster August 25, 2020

The Top Reasons People Are Moving This Year

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August 24, 2020 - General Information
Today, Americans are moving for a variety of different reasons. The current health crisis has truly re-shaped our lifestyles and our needs. Spending extra time where we currently live is enabling many families to re-evaluate what homeownership means and what [...] Read More
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Monica Foster August 24, 2020

Ask a Pro About Buying a Home

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August 21, 2020 - General Information
Some Highlights According to trending data, searches for key real estate topics are skyrocketing online. Clearly, lots of people have questions about buying a home, and other topics related to the process. Working with a trusted real estate professional will [...] Read More
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Monica Foster August 21, 2020

Forbearance Numbers Are Lower than Expected

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August 20, 2020 - General Information
Originally, some housing industry analysts were concerned that the mortgage forbearance program (which allows families to delay payments to a later date) could lead to an increase in foreclosures when forbearances end. Some even worried that we might relive the [...] Read More
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Monica Foster August 20, 2020
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Monica M. Foster

Monica M. Foster
The Monica Foster Team

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Pasadena – Baytown – Beaumont
Galveston – Pearland – Sugarland
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