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Archives

Americans Choose Real Estate as the Best Investment

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May 21, 2021 - General Information
Some Highlights For the eighth year in a row, real estate maintained its position as the preferred long-term investment among Americans. Real estate has been gaining ground against stocks, gold, and savings accounts over the last 11 years and now [...] Read More
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Monica Foster May 21, 2021

Don’t Forget to Budget for Closing Costs

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May 17, 2021 - General Information
When buying a home, it’s important to have a budget and make sure you plan ahead for certain homebuying expenses. Saving for a down payment is the main cost that comes to mind for many, but budgeting for the closing [...] Read More
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Monica Foster May 17, 2021

The Power of Mortgage Pre-Approval

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May 7, 2021 - General Information
Some Highlights  Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow. Being pre-approved for a loan can give you clarity while planning [...] Read More
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Monica Foster May 7, 2021

Why Waiting to Buy a Home Could Cost You a Small Fortune

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May 6, 2021 - General Information
Many people are sitting on the fence trying to decide if now’s the time to buy a home. Some are renters who have a strong desire to become homeowners but are unsure if buying right now makes sense. Others may [...] Read More
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Monica Foster May 6, 2021

Are Interest Rates Expected to Rise Over the Next Year?

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May 5, 2021 - General Information
So far this year, mortgage rates continue to hover around 3%, encouraging many hopeful homebuyers to enter the housing market. However, there’s a good chance rates will increase later this year and going into 2022, ultimately making it more expensive [...] Read More
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Monica Foster May 5, 2021

Americans Find the Nonfinancial Benefits of Homeownership Most Valuable

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May 3, 2021 - General Information
Homeownership is a foundational part of the American Dream. As we look back on more than a year of sheltering in our homes, having a place of our own is more important than ever. While financial benefits are always a [...] Read More
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Monica Foster May 3, 2021

Should I Buy Now or Wait?

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April 30, 2021 - General Information
Some Highlights If you’re thinking that waiting a year or two to purchase a home might mean you’ll save some money, think again. Mortgage interest rates are currently very low, but experts across the board are forecasting increases in both [...] Read More
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Monica Foster April 30, 2021

Should I Buy Now or Wait?

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April 29, 2021 - General Information
Some Highlights If you’re thinking that waiting a year or two to purchase a home might mean you’ll save some money, think again. Mortgage interest rates are currently very low, but experts across the board are forecasting increases in both [...] Read More
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Monica Foster April 29, 2021

Patience Is the Key to Buying a Home This Year

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April 28, 2021 - General Information
The question many homebuyers are facing this year is, “Why is it so hard to find a house?” We’re in the ultimate sellers’ market, which means real estate is ultra-competitive for buyers right now. The National Association of Realtors (NAR) [...] Read More
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Monica Foster April 28, 2021

82,338 Great Reasons to Buy a Home Today

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April 20, 2021 - General Information
The financial benefits of buying a home as compared to renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner. Most experts are calling for [...] Read More
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Monica Foster April 20, 2021
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Monica M. Foster

Monica M. Foster
The Monica Foster Team

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