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Archives

Is It Enough To Offer Asking Price in Today’s Housing Market?

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April 25, 2022 - General Information
If you’re planning to buy a home this season, you’re probably thinking about what you’ll need to do to get your offer accepted. In previous years, it was common for buyers to try and determine how much less than the [...] Read More
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Monica Foster April 25, 2022

Myths About Today’s Housing Market

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April 22, 2022 - General Information
Some Highlights If you’re planning to buy or sell a home today, it’s important to be aware of common misconceptions. Whether it’s timing your purchase as a buyer based on home prices and mortgage rates or knowing what to upgrade [...] Read More
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Monica Foster April 22, 2022

Why This Housing Market Is Not a Bubble Ready To Pop

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April 21, 2022 - General Information
Homeownership has become a major element in achieving the American Dream. A recent report from the National Association of Realtors (NAR) finds that over 86% of buyers agree homeownership is still the American Dream. Prior to the 1950s, less than [...] Read More
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Monica Foster April 21, 2022

How To Approach Rising Mortgage Rates as a Buyer

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April 20, 2022 - General Information
In the last few weeks, the average 30-year fixed mortgage rate from Freddie Mac inched up to 5%. While that news may have you questioning the timing of your home search, the truth is, timing has never been more important. [...] Read More
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Monica Foster April 20, 2022

Why Pre-Approval Is an Important Step for Today’s Homebuyers

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April 19, 2022 - General Information
Being intentional and competitive are musts when buying a home this season. That’s why pre-approval is so important today. Pre-approval from a lender is the only way to know your true price range and how much money you can borrow [...] Read More
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Monica Foster April 19, 2022

Is It Time To Buy a Smaller Home?

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April 18, 2022 - General Information
Life events can have a major impact on what you need from your home, and retirement is one of the biggest changes many of us face. This period of your life can mean doing more of the things you enjoy, [...] Read More
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Monica Foster April 18, 2022

What Is Multigenerational Housing?

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April 15, 2022 - General Information
Some Highlights If you have additional loved ones coming to live with you but don’t have enough space, it may be time to consider a larger, multigenerational home. Some key benefits of multigenerational living include a combined homebuying budget, shared [...] Read More
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Monica Foster April 15, 2022

On the Fence of Whether or Not To Move This Spring? Consider This.

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April 14, 2022 - General Information
If you’re thinking of selling your house, it may be because you’ve heard prices are rising, listings are going fast, and sellers are getting multiple offers on their homes. But why are conditions so good for sellers today? And what [...] Read More
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Monica Foster April 14, 2022

Where Are Mortgage Rates Headed?

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April 13, 2022 - General Information
There’s never been a truer statement regarding forecasting mortgage rates than the one offered last year by Mark Fleming, Chief Economist at First American: “You know, the fallacy of economic forecasting is: Don’t ever try and forecast interest rates and [...] Read More
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Monica Foster April 13, 2022

Using Your Tax Refund To Achieve Your Homeownership Goals This Year

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April 11, 2022 - General Information
If you’re buying or selling a home this year, you’re likely saving up for a variety of expenses. For buyers, that might include things like your down payment and closing costs. And for sellers, you’re probably working on a bit [...] Read More
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Monica Foster April 11, 2022
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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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