For Buyers

Posted by Monica Foster On July 27, 2018 In General Information

Some Highlights: Real estate has outranked stocks/mutual funds, gold, savings accounts/CDs, and bonds as the best long-term investment among Americans for the last 5 years! The generations agree! Real estate is the best investment! Generation X leads the way [...] Read More

Monica Foster July 27, 2018

4 Reasons Why We Are Not Heading Toward Another Housing Bubble

Posted by Monica Foster On July 26, 2018 In General Information

With home prices continuing to appreciate above historic levels, some are concerned that we may be heading for another housing ‘boom & bust.’ It is important to remember, however, that today’s market is quite different than the bubble market of [...] Read More

Monica Foster July 26, 2018

Will Your Current House Fit Your Needs in Retirement?

Posted by Monica Foster On July 25, 2018 In General Information

As more and more baby boomers enter retirement age, the question of whether or not to sell their homes and move will become a hot topic. In today’s housing market climate, with low available inventory in the starter and trade-up [...] Read More

Monica Foster July 25, 2018

Posted by Monica Foster On July 20, 2018 In General Information

Some Highlights: Many buyers are purchasing a home with a down payment as little as 3%. You may already qualify for a loan, even if you don’t have perfect credit. Take advantage of the knowledge of your local professionals who are [...] Read More

Monica Foster July 20, 2018

Housing Will Not Fall Victim to Next Economic Storm

Posted by Monica Foster On July 19, 2018 In General Information

Some experts are calling for a slowdown in the economy later this year and most economists have predicted that the next recession could only be eighteen months away. The question is, what impact will a recession have on the housing [...] Read More

Monica Foster July 19, 2018

Demand for Homes to Buy Continues to Climb

Posted by Monica Foster On July 18, 2018 In General Information

Across the United States, there is a severe mismatch between the low number of houses for sale and the high demand for those houses! First-time homebuyers are out in force and are being met with a highly competitive summer real [...] Read More

Monica Foster July 18, 2018

4 REAL Reasons Why We Buy A Home!

Posted by Monica Foster On July 17, 2018 In General Information

We often talk about why it makes financial sense to buy a home, but more often than not, the emotional reasons are the more powerful or compelling ones. No matter what shape or size your living space is, the concept [...] Read More

Monica Foster July 17, 2018

First-Time Home Buyers Continue to Put Down Less Than 6%!

Posted by Monica Foster On July 16, 2018 In General Information

According to the Realtors Confidence Index from the National Association of Realtors, 61% of first-time homebuyers purchased their homes with down payments below 6% in 2017. Many potential homebuyers believe that a 20% down payment is necessary to buy a [...] Read More

Monica Foster July 16, 2018

House-Buying Power at Near-Historic Levels

Posted by Monica Foster On July 12, 2018 In General Information

We keep hearing that home affordability is approaching crisis levels. While this may be true in a few metros across the country, housing affordability is not a challenge in the clear majority of the country. In their most recent Real [...] Read More

Monica Foster July 12, 2018

Rising Interest Rates Have Not Dampened Demand

Posted by Monica Foster On July 11, 2018 In General Information

Since the beginning of the year, mortgage interest rates have risen over a half of a percentage point (from 3.95% to 4.52%), according to Freddie Mac. Even a small rise in interest rates can greatly impact a buyer’s monthly mortgage [...] Read More

Monica Foster July 11, 2018

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