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Archives

The Surging Real Estate Market Continues to Climb

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September 16, 2020 - General Information
Earlier this year, realtor.com announced the release of the Housing Recovery Index, a weekly guide showing how the pandemic has impacted the residential real estate market. The index leverages a weighted average of four key components of the housing industry [...] Read More
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Monica Foster September 16, 2020

Is Now a Good Time to Move?

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September 15, 2020 - General Information
How long have you lived in your current home? If it’s been a while, you may be thinking about moving. According to the latest Profile of Home Buyers and Sellers by the National Association of Realtors (NAR), in 2019, homeowners [...] Read More
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Monica Foster September 15, 2020

Two New Surveys Indicate Urban to Suburban Lean

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September 14, 2020 - General Information
There has been much talk around the possibility that Americans are feeling less enamored with the benefits of living in a large city and now may be longing for the open spaces that suburban and rural areas provide. In a [...] Read More
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Monica Foster September 14, 2020

Virtual School Is Changing Homebuyer Needs

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September 11, 2020 - General Information
Some Highlights With remote learning sweeping the nation this academic year, organized spaces with enough room for kids to learn effectively are high on buyer wish lists. If you’re trying to make room for your family’s growing needs, multi-purpose rooms [...] Read More
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Monica Foster September 11, 2020

The Latest Unemployment Rate Fell to 8.4%

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September 9, 2020 - General Information
Last Friday, the Bureau for Labor Statistics released their Employment Report for August 2020. The big surprise was that the unemployment rate fell to 8.4%, a full percent lower than what many analysts had forecasted earlier in the week. Though [...] Read More
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Monica Foster September 9, 2020

The 2020 Homebuyer Wish List

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September 4, 2020 - General Information
Some Highlights The word “home” is taking on a whole new meaning this year, and buyers are starting to look for new features as they re-think their needs and what’s truly possible. From more outdoor space to virtual classrooms for [...] Read More
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Monica Foster September 4, 2020

How Will the Presidential Election Impact Real Estate?

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September 2, 2020 - General Information
The year 2020 will be remembered as one of the most challenging times of our lives. A worldwide pandemic, a recession causing historic unemployment, and a level of social unrest perhaps never seen before have all changed the way we [...] Read More
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Monica Foster September 2, 2020

It’s Not Just About the Price of the Home

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September 1, 2020 - General Information
When most of us begin searching for a home, we naturally start by looking at the price. It’s important, however, to closely consider what else impacts the purchase. It’s not just the price of the house that matters, but the [...] Read More
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Monica Foster September 1, 2020

Three Ways to Win in a Bidding War

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August 31, 2020 - General Information
With so few houses for sale today and low mortgage rates driving buyer activity, bidding wars are becoming more common. Multiple-offer scenarios are heating up, so it’s important to get pre-approved before you start your search. This way, you can [...] Read More
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Monica Foster August 31, 2020

The Cost of Renting Vs. Buying a Home

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August 28, 2020 - General Information
Some Highlights The percentage of income needed to afford a median-priced home today is declining, while that for renting is on the rise. This is making buying a home an increasingly attractive option for many people, especially with low mortgage [...] Read More
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Monica Foster August 28, 2020
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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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