For Buyers Archives - Page 36 of 69 - The Monica Foster Team

Latest Unemployment Report: Great News…for the Most Part

July 6, 2020 - General Information

The Bureau of Labor Statistics (BLS) released their latest Employment Situation Summary last Thursday, and it again beat analysts’ expectations in a big way. The consensus was for 3,074,000 jobs to be added in June. The report revealed that 4,800,000 [...] Read More

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Monica Foster July 6, 2020

Is the Health Crisis Driving Buyers Out of Urban Areas?

July 2, 2020 - General Information

The pandemic has caused consumers to re-examine the components that make up the “perfect home.” Many families are no longer comfortable with the locations and layouts of their existing homes. The allure of city life (more congested) seems to be [...] Read More

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Monica Foster July 2, 2020

A Historic Rebound for the Housing Market

July 1, 2020 - General Information

Pending Home Sales increased by 44.3% in May, registering the highest month-over-month gain in the index since the National Association of Realtors (NAR) started tracking this metric in January 2001. So, what exactly are pending home sales, and why is [...] Read More

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Monica Foster July 1, 2020

Are New Homes Going to Be Available to Buy This Year?

June 30, 2020 - General Information

In today’s economy, everyone seems to be searching for signs that a recovery is coming soon. Many experts agree that it may actually already be in motion or will be starting by the 3rd quarter of this year. With the [...] Read More

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Monica Foster June 30, 2020

What Are Experts Saying About the Rest of 2020?

June 29, 2020 - General Information

One of the biggest questions on everyone’s minds these days is: What’s going to happen to the housing market in the second half of the year? Based on recent data on the economy, unemployment, real estate, and more, many economists are [...] Read More

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Monica Foster June 29, 2020

New Index Reveals Impact of COVID-19 on Real Estate

June 25, 2020 - General Information

Earlier this month, realtor.com announced the release of their initial 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 [...] Read More

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Monica Foster June 25, 2020

Should We Be Looking at Unemployment Numbers Differently?

June 24, 2020 - General Information

The New York Times recently ran an article regarding unemployment titled: Don’t Cheer Too Soon. Keep an Eye on the Core Jobless Rate. The piece suggests we should look at unemployment numbers somewhat differently. The author of the article, Jed [...] Read More

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Monica Foster June 24, 2020

What Are the Experts Saying About Future Home Prices?

June 23, 2020 - General Information

A worldwide pandemic and an economic recession have had a tremendous effect on the nation. The uncertainty brought about by both has made predicting consumer behavior nearly impossible. For that reason, forecasting home prices has become extremely difficult. Normally, there’s [...] Read More

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Monica Foster June 23, 2020

Homebuyers Are in the Mood to Buy Today

June 22, 2020 - General Information

According to the latest FreddieMac Quarterly Forecast, mortgage interest rates have fallen to historically low levels this spring and they’re projected to remain low. This means there’s a huge incentive for buyers who are ready to purchase. And homeowners looking [...] Read More

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Monica Foster June 22, 2020

Is the Economic Recovery Already Underway?

June 17, 2020 - General Information

The Wall Street Journal just released their latest monthly Survey of Economists. In an article on the findings, they reported: “The U.S. economy will be in recovery by the third quarter of this year, economists said in a survey that [...] Read More

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Monica Foster June 17, 2020

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