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Archives

Buyer Demand Growing in Every Region

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November 13, 2019 - General Information
Buyers are out in full force this fall, increasing the demand for homebuying in all four regions of the country. According to the latest ShowingTime Showing Index, “Home showing activity was up again nationwide with a 4.6 percent rise in [...] Read More
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Monica Foster November 13, 2019

75 Years of VA Home Loan Benefits

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November 11, 2019 - General Information
Today, on Veterans Day, we salute those who have served our country in war or peace, and we thank them for their sacrifice. This year marks the 75th anniversary of VA Home Loan Benefit offerings through the Servicemen’s Readjustment Act, [...] Read More
0
Monica Foster November 11, 2019

VA Home Loans by the Numbers

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November 8, 2019 - General Information
Some Highlights: The Veterans Administration (VA) Home Loan is a benefit that is available to more than 22 million veterans and 2 million active duty service members to help them achieve the dream of homeownership. In 2018, $161 billion was [...] Read More
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Monica Foster November 8, 2019

Millennials: Here’s Why the Process is Well Worth It.

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November 6, 2019 - General Information
Millennials have waited longer than any other generation to become homeowners, but the wait for this cohort is just about over. According to National Mortgage News,  “Millennials, those young adults now aged 23 to 38, are now entering their peak [...] Read More
1
Monica Foster November 6, 2019

Planning on Buying a Home? Be Sure You Know Your Options.

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November 5, 2019 - General Information
When you’re ready to buy, you’ll need to determine if you prefer the charm of an existing home or the look and feel of a newer build. With limited existing home inventory available today, especially in the starter and middle-level [...] Read More
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Monica Foster November 5, 2019

Taking the Fear Out of the Mortgage Process

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October 31, 2019 - General Information
A considerable number of potential buyers shy away from the real estate market because they’re uncertain about the buying process – particularly when it comes to qualifying for a mortgage. For many, the mortgage process can be scary, but it [...] Read More
1
Monica Foster October 31, 2019

How to Determine If You Can Afford to Buy a Home

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October 30, 2019 - General Information
The gap between the increase in personal income and residential real estate prices has been used to defend the concept that we are experiencing an affordability crisis in housing today. It is true that home prices and wages are two [...] Read More
0
Monica Foster October 30, 2019

4 Reasons to Buy a Home This Fall

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October 28, 2019 - General Information
Here are four great reasons to consider buying a home today, instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Insights Report shows that home prices have appreciated by 3.6% over the last 12 months. The same report predicts prices [...] Read More
1
Monica Foster October 28, 2019

Buying a home can be SCARY…Until you know the FACTS

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October 25, 2019 - General Information
Some Highlights: Many potential homebuyers believe they need a 20% down payment and a 780 FICO® score to qualify to buy a home. This stops many people from even trying to jump into homeownership! Here are some facts to help [...] Read More
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Monica Foster October 25, 2019

What Is the Cost of Waiting Until Next Year to Buy?

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October 25, 2019 - General Information
Some Highlights: The “cost of waiting to buy” is defined as the additional funds necessary to buy a home if prices and interest rates were to increase over a period of time. Freddie Mac forecasts interest rates will rise to [...] Read More
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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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