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Archives

Owning a Home Has Distinct Financial Benefits Over Renting

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June 18, 2021 - General Information
Some Highlights When you rent, you build your landlord’s wealth, your monthly payment depends on ever-rising rents, and you don’t benefit from home price appreciation. On the other hand, when you own your home, you build your own wealth, your [...] Read More
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Monica Foster June 18, 2021

Housing Wealth: The Missing Piece of the Affordability Equation

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June 17, 2021 - General Information
The real estate market is soaring today. Residential home values are rising, and that’s a big win for homeowners. In 2020, there was a double-digit increase in home values – a trend that’s expected to head toward similar levels this [...] Read More
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Monica Foster June 17, 2021

Hope Is on the Horizon for Today’s Housing Shortage

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June 15, 2021 - General Information
The major challenge in today’s housing market is that there are more buyers looking to purchase than there are homes available to buy. Simply put, supply can’t keep up with demand. A normal market has a 6-month supply of homes [...] Read More
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Monica Foster June 15, 2021

The Right Expert Will Guide You Through This Unprecedented Market

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June 14, 2021 - General Information
In a normal market, it’s good to have an experienced guide coaching you through the process of buying or selling a home. That person can advise you on important things like pricing your home correctly or the first steps to [...] Read More
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Monica Foster June 14, 2021

Have Your Day in the Sun by Moving Up This Summer

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June 11, 2021 - General Information
Some Highlights Longer days and sunny weather mean summer is upon us, and what better conditions than right now to upgrade to the home of your dreams? If your needs have changed, it’s a great time to upgrade – there’s [...] Read More
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Monica Foster June 11, 2021

Why This Is Not Like 2008 Again

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June 10, 2021 - General Information
During the Great Recession, just over a decade ago, the financial systems the world depended on started to collapse. It created a panic that drove some large companies out of business (ex. Lehman Brothers) and many more into bankruptcy. The [...] Read More
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Monica Foster June 10, 2021

Home Price Appreciation Is as Simple as Supply and Demand

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June 9, 2021 - General Information
Home price appreciation continues to accelerate. Today, prices are driven by the simple concept of supply and demand. Pricing of any item is determined by how many items are available compared to how many people want to buy that item. [...] Read More
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Monica Foster June 9, 2021

In Today’s Market, Listing Prices Are Like an Auction’s Reserve Price

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June 8, 2021 - General Information
For generations, the process of buying and selling a home never really changed. A homeowner would try to estimate the market value of their house, then tack on a little extra to give themselves some negotiating room. That figure would [...] Read More
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Monica Foster June 8, 2021

Top Reasons To Own Your Home

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June 4, 2021 - General Information
Some Highlights June is National Homeownership Month, and it’s a great time to consider the benefits of owning your own home. If you’re thinking of buying a home, it might just help you find the stability, community, and comfort you’ve been [...] Read More
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Monica Foster June 4, 2021

Dreaming of a Bigger Home? Why Not Buy It This Year?

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June 3, 2021 - General Information
Are you clamoring for extra rooms or a more functional floorplan in your house? Maybe it’s time to make a move. If you’ll be able to work remotely for the long-term or your overall needs have simply changed, it’s a [...] Read More
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Monica Foster June 3, 2021
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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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