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Archives

Buyer Interest Is Growing among Younger Generations

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October 30, 2020 - General Information
The demand for homes this year is extraordinary as record-breaking numbers of hopeful buyers continue to shop for homes. In a normal year, the peak homebuying season comes to a close by early fall. However, 2020 is anything but a [...] Read More
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Monica Foster October 30, 2020

How to Prepare for a Bidding War

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October 16, 2020 - General Information
Some Highlights With so few houses available on the market today, being ready for a bidding war is essential for prospective homebuyers. From pre-approval to making your best offer, here are three tips to make sure you can act quickly [...] Read More
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Monica Foster October 16, 2020

A Homeowner’s Net Worth Is 40x Greater Than a Renter’s

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October 7, 2020 - General Information
One of the best ways to build your family’s financial future is through homeownership. Recent data from the Federal Reserve indicates the net worth of a homeowner is actually over 40 times greater than that of a renter. Maybe it’s [...] Read More
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Monica Foster October 7, 2020

The Cost of a Home Is Far More Important than the Price

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September 22, 2020 - General Information
Housing inventory is at an all-time low. There are 39% fewer homes for sale today than at this time last year, and buyer demand continues to set records. Zillow recently reported: “Newly pending sales are up 25.5% compared to the [...] Read More
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Monica Foster September 22, 2020

Virtual School Is Changing Homebuyer Needs

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September 11, 2020 - General Information
Some Highlights With remote learning sweeping the nation this academic year, organized spaces with enough room for kids to learn effectively are high on buyer wish lists. If you’re trying to make room for your family’s growing needs, multi-purpose rooms [...] Read More
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Monica Foster September 11, 2020

It’s Not Just About the Price of the Home

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September 1, 2020 - General Information
When most of us begin searching for a home, we naturally start by looking at the price. It’s important, however, to closely consider what else impacts the purchase. It’s not just the price of the house that matters, but the [...] Read More
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Monica Foster September 1, 2020

Three Ways to Win in a Bidding War

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August 31, 2020 - General Information
With so few houses for sale today and low mortgage rates driving buyer activity, bidding wars are becoming more common. Multiple-offer scenarios are heating up, so it’s important to get pre-approved before you start your search. This way, you can [...] Read More
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Monica Foster August 31, 2020

The Cost of Renting Vs. Buying a Home

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August 28, 2020 - General Information
Some Highlights The percentage of income needed to afford a median-priced home today is declining, while that for renting is on the rise. This is making buying a home an increasingly attractive option for many people, especially with low mortgage [...] Read More
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Monica Foster August 28, 2020

Why Is It so Important to Be Pre-Approved in the Homebuying Process?

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August 27, 2020 - General Information
You may have heard that pre-approval is a great first step in the homebuying process. But why is it so important? When looking for a home, the temptation to fall in love with a house that’s outside your budget is [...] Read More
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Monica Foster August 27, 2020

Should You Buy an Existing Home or New Construction?

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August 26, 2020 - General Information
Finding the right home to purchase today is one of the biggest challenges for potential buyers. With so few homes for sale and construction of newly built homes ramping up, you may be wondering if you should consider new construction [...] Read More
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Monica Foster August 26, 2020
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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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