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Archives

Real Estate Is a Driving Force in the Economy

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November 4, 2020 - General Information
As the economy recovers from this year’s health crisis, the housing market is playing a leading role in the turnaround. It’s safe to say that what we call “home” is taking on a new meaning, causing many of us to [...] Read More
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Monica Foster November 4, 2020

Rent vs. Buy: How to Decide What’s Best for You

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November 3, 2020 - General Information
According to the U.S. Census Bureau, median rent continues to rise. With today’s low mortgage rates, there’s great opportunity for current renters to make a move into homeownership that stretches each dollar a little bit further. While the best timeline [...] Read More
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Monica Foster November 3, 2020

4 Reasons Why the Election Won’t Dampen the Housing Market

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November 2, 2020 - General Information
Tomorrow, Americans will decide our President for the next four years. That decision will have a major impact on many aspects of life in this country, but the residential real estate market will not be one of them. Analysts will [...] Read More
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Monica Foster November 2, 2020

Home Values Projected to Keep Rising

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October 30, 2020 - General Information
As we enter the final months of 2020 and continue to work through the challenges this year has brought, some of us wonder what impact continued economic uncertainty could have on home prices. Looking at the big picture, the rules [...] Read More
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Monica Foster October 30, 2020

Two Important Impacts of Home Equity

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October 30, 2020 - General Information
Equity continues to rise, helping American homeowners secure a much more stable financial future. According to the most recent data from CoreLogic, the average homeowner gained $9,800 in equity over the past year. In addition, experts project 2020 home prices [...] Read More
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Monica Foster

How Down Payment Assistance Opens the Door to Homeownership

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October 30, 2020 - General Information
Many people are eager to buy a home right now while affordability continues to be a highlight of the current housing market. However, a recent survey by Sparks Research shows that 20% of first-time homebuyers cite a lack of financial [...] Read More
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Monica Foster

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

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

The #1 Reason Not to Wait to List Your House for Sale

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October 14, 2020 - General Information
Many industries have been devastated by the economic shutdown caused by the COVID-19 virus. Real estate is not one of them. Mark Fleming, Chief Economist for First American, just reported: “Since hitting a low point during the initial stages of [...] Read More
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Monica Foster October 14, 2020

Do You Have Enough Money Saved for a Down Payment?

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October 13, 2020 - General Information
One of the biggest misconceptions for first-time homebuyers is how much you’ll need to save for a down payment. Contrary to popular belief, you don’t always have to put 20% down to buy a house. Here’s how it breaks down. [...] Read More
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Monica Foster October 13, 2020
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Monica M. Foster

Monica M. Foster
The Monica Foster Team

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Pasadena – Baytown – Beaumont
Galveston – Pearland – Sugarland
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