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Archives

New Research Shows Housing Is Affordable For First-Time Buyers

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May 14, 2019 - General Information
Home prices have been on the rise for the last seven years, leading many housing market analysts to conclude that first-time homebuyers are being shut out of the market due to affordability concerns. The National Association of Realtors (NAR) reports [...] Read More
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Monica Foster May 14, 2019

A Lack of Inventory Continues to Impact the Housing Market

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May 13, 2019 - General Information
The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up and distressed sales (foreclosures and short sales) have fallen to their lowest point in [...] Read More
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Monica Foster May 13, 2019

A Tale of Two Markets

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May 10, 2019 - General Information
Some Highlights: An emerging trend for some time now has been the difference between available inventory and demand in the premium and luxury markets and that in the starter and trade-up markets and what those differences are doing to prices! [...] Read More
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Monica Foster May 10, 2019

Mainstream Concerns about an Economic Slowdown Revisited

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May 9, 2019 - General Information
Recently, we reported that many believe a recession could happen within the next two years. We explained that 70% of economists and market analysts surveyed last year believe that a recession will occur in 2019 or 2020 and that 42% [...] Read More
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Monica Foster May 9, 2019

The Benefits of a 20% Down Payment

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May 8, 2019 - General Information
If you are in the market to buy a home this year, you may be confused about how much money you need to come up with for your down payment. Many people you talk to will tell you that you [...] Read More
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Monica Foster May 8, 2019

Home Buyers are Optimistic About Homeownership!

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May 7, 2019 - General Information
When we consider buying an item, we naturally go through a research process prior to making our decision. We ask our friends and family members who have made similar purchases about their experience, we get opinions and insights, and we [...] Read More
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Monica Foster May 7, 2019

Why Access Is One of the Most Important Factors in Getting Your House Sold!

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May 6, 2019 - General Information
So, you’ve decided to sell your house. You’ve hired a real estate professional to help you through the entire process, and they have asked you what level of access you want to provide to your potential buyers. There are four elements to [...] Read More
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Monica Foster May 6, 2019

The Cost of Renting vs. Buying This Spring

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May 3, 2019 - General Information
Some Highlights: Historically, the choice between renting or buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (27.7%) vs. the percentage needed to buy a median-priced home (17.5%), [...] Read More
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Monica Foster May 3, 2019

Your Fabulous New Dream Home is Now Available

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May 2, 2019 - General Information
Over the last several years, many “baby boomers” have undergone a metamorphosis. Their children have finally moved out and they can now dream about their own future. For many, a change in lifestyle might necessitate a change in the type [...] Read More
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Monica Foster May 2, 2019

2 Trends Helping Keep Housing Affordable

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May 1, 2019 - General Information
Two positive trends have started to emerge that impact the 2019 Spring Housing Market. Mortgage interest rates for a 30-year fixed rate loan have dropped to new lows, right as reports show that wages have increased at their highest rate [...] Read More
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Monica Foster May 1, 2019
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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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