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Archives

First-Time Buyers Are Searching for Existing Homes This Year

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January 27, 2020 - General Information
In the latest Housing Trends Report, the National Association of Home Builders (NAHB) measured the share of adults planning to buy a home over the next 12 months. The report indicates the percentage of all buyers that will be first-time buyers [...] Read More
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Monica Foster January 27, 2020

2020 Homebuying Checklist

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January 24, 2020 - General Information
Some Highlights: If you’re thinking of buying a home, plan ahead and stay on the right track, starting with pre-approval. Being proactive about the homebuying process will help set you up for success in each step. Make sure to work [...] Read More
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Monica Foster January 24, 2020

The #1 Reason It Is Difficult to Find Your Dream Home

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January 23, 2020 - General Information
The headlines in real estate today all revolve around one major point: there is a shortage of homes available for sale. Price appreciation is accelerating again because there is a shortage of homes available for sale. First-time buyers are taking [...] Read More
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Monica Foster January 23, 2020

How Buyers Can Win By Downsizing in 2020

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January 22, 2020 - General Information
Home values have been increasing for 93 consecutive months, according to the National Association of Realtors. If you’re a homeowner, particularly one looking to downsize your living space, that’s great news, as you’ve likely built significant equity in your home. [...] Read More
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Monica Foster January 22, 2020

The 2 Surprising Things Homebuyers Really Want

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January 21, 2020 - General Information
In a market where current inventory is low, it’s normal to think buyers might be willing to give up a few desirable features in their home search in order to make finding a house a little easier. Don’t be fooled, [...] Read More
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Monica Foster January 21, 2020

Make the Dream of Homeownership a Reality in 2020

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January 20, 2020 - General Information
In 1963, Martin Luther King, Jr. led and inspired a powerful movement with his famous “I Have a Dream” speech. Through his passion and determination, he sparked interest, ambition, and courage in his audience. Today, reflecting on his message encourages [...] Read More
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Monica Foster January 20, 2020

Where Homebuyers Are Heading By Generation

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January 17, 2020 - General Information
Some Highlights: Whether capitalizing on job opportunities, affordability, or warm-weather places to retire, Americans are making moves to these top cities to take advantage of the strength in the current housing market. A strong economy and lower mortgage rates have [...] Read More
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Monica Foster January 17, 2020

Housing Inventory Vanishing: What Is the Impact on You?

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January 16, 2020 - General Information
The real estate market is expected to do very well this year as mortgage rates remain at historic lows. One challenge to the housing industry is the lack of homes available for sale. Last week, move.com released a report showing [...] Read More
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Monica Foster January 16, 2020

Homes Are More Affordable Today, Not Less Affordable

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January 15, 2020 - General Information
There’s a current narrative that owning a home today is less affordable than it has been in the past. The reason some are making this claim is because house prices have substantially increased over the last several years. It’s not, [...] Read More
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Monica Foster January 15, 2020

2020 Luxury Market Forecast

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January 14, 2020 - General Information
By the end of last year, many homeowners found themselves with more equity than they realized, and at the same time their wages were increasing. When those two factors unite, it can spark homeowners to think about making a move [...] Read More
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Monica Foster January 14, 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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