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Archives

Just How Strong Is the Housing Recovery?

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August 19, 2020 - General Information
The residential real estate market has definitely been the shining light in this country’s current economic situation. All-time low mortgage rates coupled with a new appreciation of what a home truly means has caused the housing market to push forward [...] Read More
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Monica Foster August 19, 2020

Sellers Are Returning to the Housing Market

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August 18, 2020 - General Information
In today’s housing market, it can be a big challenge for buyers to find homes to purchase, as the number of houses for sale is far below the current demand. Now, however, we’re seeing sellers slowly starting to come back [...] Read More
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Monica Foster August 18, 2020

The Beginning of an Economic Recovery

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August 17, 2020 - General Information
The news these days seems to have a mix of highs and lows. We may hear that an economic recovery is starting, but we’ve also seen some of the worst economic data in the history of our country. The challenge [...] Read More
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Monica Foster August 17, 2020

Mortgage Rates & Payments by Decade

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August 14, 2020 - General Information
Some Highlights Sometimes it helps to see the dollars and cents you’ll save when you purchase a home while mortgage rates are low. Today’s low rates mean it’s less expensive to borrow money, so the savings over the life of [...] Read More
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Monica Foster August 14, 2020

Homes Are More Affordable Right Now Than They Have Been in Years

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August 13, 2020 - General Information
Today, home prices are appreciating. When we hear prices are going up, it’s normal to think a home will cost more as the trend continues. The way the housing market is positioned today, however, low mortgage rates are actually making [...] Read More
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Monica Foster August 13, 2020

Why Foreclosures Won’t Crush the Housing Market Next Year

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August 12, 2020 - General Information
With the strength of the current housing market growing every day and more Americans returning to work, a faster-than-expected recovery in the housing sector is already well underway. Regardless, many are still asking the question: will we see a wave [...] Read More
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Monica Foster August 12, 2020

Current Buyer & Seller Perks in the Housing Market

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August 11, 2020 - General Information
Today’s housing market is making a truly impressive turnaround, and it’s also setting up some outstanding opportunities for buyers and sellers. Whether you’re thinking of buying or selling a home this year, there are perks today that are rarely available, [...] Read More
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Monica Foster August 11, 2020

The Latest Unemployment Report: Slow and Steady Improvement

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August 10, 2020 - General Information
Last Friday, the Bureau of Labor Statistics (BLS) released its latest Employment Situation Summary. Going into the release, the expert consensus was for 1.58 million jobs to be added in July, and for the unemployment rate to fall to 10.5%. [...] Read More
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Monica Foster August 10, 2020

2020 Homebuyer Preferences

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August 7, 2020 - General Information
Some Highlights A recent study from HarrisX shows the current health crisis isn’t slowing down today’s homebuyers. Many buyers are accelerating their timelines to take advantage of low mortgage rates, and staying home has enabled some to save more money [...] Read More
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Monica Foster August 7, 2020

How Is Remote Work Changing Homebuyer Needs?

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August 6, 2020 - General Information
With more companies figuring out how to efficiently and effectively enable their employees to work remotely (and for longer than most of us initially expected), homeowners throughout the country are re-evaluating their needs. Do I still need to live close [...] Read More
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Monica Foster August 6, 2020
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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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