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Archives

What You Need To Budget for When Buying a Home

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April 5, 2022 - General Information
When it comes to buying a home, it can feel a bit intimidating to know how much you need to save and where to find that information. But you should know, you’re not expected to have all the answers yourself. [...] Read More
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Monica Foster April 5, 2022

Key Terms for Homebuyers

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March 11, 2022 - General Information
Some Highlights Knowing key housing terms and how they relate to today’s market is important. For example, when mortgage rates and home prices rise, it impacts how much home you can afford. Terms like appraisal (what lenders rely on to [...] Read More
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Monica Foster March 11, 2022

Key Factors That Impact Affordability Today

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March 9, 2022 - General Information
You can’t read an article about residential real estate without the author mentioning the affordability challenges that today’s buyers face. There’s no doubt homes are less affordable today than they were over the last two years, but that doesn’t mean [...] Read More
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Monica Foster March 9, 2022

Down Payment Assistance Programs Can Help You Achieve Homeownership

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March 2, 2022 - General Information
For many homebuyers, the thought of saving for a down payment can feel daunting, especially in today’s market. That’s why, when asked what they find most difficult in the homebuying process, some buyers say it’s one of the hardest steps [...] Read More
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Monica Foster March 2, 2022

Don’t Let Student Loans Delay Your Homeownership Dreams

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February 8, 2022 - General Information
If you’re looking to buy a home, you may be wondering how your student loan debt could impact those plans. Do you have to wait until you’ve paid off your student loans before you can buy your first home? Or [...] Read More
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Monica Foster February 8, 2022

Owning Is More Affordable than Renting in the Majority of the Country

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January 31, 2022 - General Information
If you were thinking about buying a home this year, but already pressed pause on your plans due to rising home prices and increasing mortgage rates, there’s something you should consider. According to the latest report from ATTOM Data, owning [...] Read More
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Monica Foster January 31, 2022

Buyers Want To Know: Why Is Housing Supply Still So Low?

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January 20, 2022 - General Information
One key question that’s top of mind for homebuyers this year is: why is it so hard to find a house to buy? The truth is, we’re in the ultimate sellers’ market, so real estate is ultra-competitive for buyers right [...] Read More
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Monica Foster January 20, 2022

With Mortgage Rates Climbing, Now’s the Time To Act

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January 19, 2022 - General Information
Last week, the average 30-year fixed mortgage rate from Freddie Mac jumped from 3.22% to 3.45%. That’s the highest point it’s been in almost two years. If you’re thinking about buying a home, this news may have come as a [...] Read More
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Monica Foster January 19, 2022

Why Inflation Shouldn’t Stop You from Buying a Home in 2022

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January 11, 2022 - General Information
If you’re following along with the news today, you’re probably hearing a lot about record-breaking home prices, rising consumer costs, supply chain constraints, and more. And if you’re thinking about purchasing a home this year, all of these inflationary concerns [...] Read More
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Monica Foster January 11, 2022

How Much Do You Need for Your Down Payment?

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January 3, 2022 - General Information
As you set out on your homebuying journey, you likely have a plan in place, and you’re working on saving for your purchase. But do you know how much you actually need for your down payment? If you think you [...] Read More
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Monica Foster January 3, 2022
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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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