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Archives

47% of New Buyers Surprised by How Affordable Homes Are Today

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February 11, 2021 - General Information
Headlines matter. Right now, it’s hard to read about real estate without seeing a headline that suggests homes have become unaffordable for most Americans. In reality, there’s hard evidence that shows how owning a home is more affordable than renting [...] Read More
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Monica Foster February 11, 2021

3 Reasons We’re Definitely Not in a Housing Bubble

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February 9, 2021 - General Information
Home values appreciated by about ten percent in 2020, and they’re forecast to appreciate by about five percent this year. This has some voicing concern that we may be in another housing bubble like the one we experienced a little [...] Read More
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Monica Foster February 9, 2021

Do I Really Need a 20% Down Payment to Buy a Home?

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February 3, 2021 - General Information
Is the idea of saving for a down payment holding you back from buying a home right now? You may be eager to take advantage of today’s low mortgage rates, but the thought of needing a large down payment might [...] Read More
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Monica Foster February 3, 2021

Want to Build Wealth? Buy a Home This Year.

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February 2, 2021 - General Information
Every year, households across the country make the decision to rent for another year or take the leap into homeownership. They look at their earnings and savings and then decide what makes the most financial sense. That equation will most [...] Read More
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Monica Foster February 2, 2021

What’s the Difference between an Appraisal and a Home Inspection?

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January 26, 2021 - General Information
If you’re planning to buy a home, an appraisal is an important step in the process. It’s a professional evaluation of the market value of the home you’d like to buy. In most cases, an appraisal is ordered by the [...] Read More
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Monica Foster January 26, 2021

Financial Fundamentals for Homebuyers

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January 22, 2021 - General Information
Some Highlights When you’re thinking about buying a home, there are a few key steps to take before you even start to look at houses. From saving for your down payment to getting pre-approved for a mortgage, you’ll want to [...] Read More
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Monica Foster January 22, 2021

Owning a Home Is Still More Affordable Than Renting One

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January 20, 2021 - General Information
If spending more time at home over the past year is making you really think hard about buying a home instead of renting one, you’re not alone. You may be wondering, however, if the dollars and cents add up in [...] Read More
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Monica Foster January 20, 2021

Should I Wait for Lower Mortgage Interest Rates?

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January 19, 2021 - General Information
Historically low mortgage rates are a big motivator for homebuyers right now. In 2020 alone, rates hit new record-lows 16 times, and the trend continued into the early part of this year. Many hopeful homebuyers are now wondering if they [...] Read More
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Monica Foster January 19, 2021

Things to Avoid after Applying for a Mortgage

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January 15, 2021 - General Information
Some Highlights There are a few key things to make sure you avoid after applying for a mortgage to help make sure you still qualify for your loan at the closing table. Along the way, be sure to discuss any [...] Read More
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Monica Foster January 15, 2021

Reasons to Hire a Real Estate Professional

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January 8, 2021 - General Information
Some Highlights Choosing the right real estate professional to work with is one of the most important decisions you can make in your homebuying or selling process. The right agent can explain current market conditions and break down exactly what [...] Read More
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Monica Foster January 8, 2021
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Monica M. Foster

Monica M. Foster
The Monica Foster Team

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