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Archives

The Best Advice Does Not Mean Perfect Advice

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March 30, 2020 - General Information
The angst caused by the coronavirus has most people on edge regarding both their health and financial situations. It’s at times like these when we want exact information about anything we’re doing – even the correct protocol for grocery shopping. [...] Read More
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Monica Foster March 30, 2020

What You Can Do to Keep Your Dream of Homeownership Moving Forward

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March 27, 2020 - General Information
Some Highlights: Don’t put your homeownership plans on hold just because you’re stuck inside. There are several things you can do right now to keep your home search moving forward. Connect with an agent, learn about resource programs for things [...] Read More
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Monica Foster March 27, 2020

Don’t Let Frightening Headlines Scare You

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March 26, 2020 - General Information
There’s a lot of anxiety right now regarding the coronavirus pandemic. The health situation must be addressed quickly, and many are concerned about the impact on the economy as well. Amidst all this anxiety, anyone with a megaphone – from [...] Read More
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Monica Foster March 26, 2020

Why the Stock Market Correction Probably Won’t Impact Home Values

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March 24, 2020 - General Information
With the housing crash of 2006-2008 still visible in the rear-view mirror, many are concerned the current correction in the stock market is a sign that home values are also about to tumble. What’s taking place today, however, is nothing [...] Read More
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Monica Foster March 24, 2020

Economic Slowdown: What the Experts Are Saying

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March 23, 2020 - General Information
More and more economists are predicting a recession is imminent as the result of the pullback in the economy caused by COVID-19. According to the National Bureau of Economic Research: “A recession is a significant decline in economic activity spread [...] Read More
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Monica Foster March 23, 2020

A Recession Does Not Equal a Housing Crisis

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March 20, 2020 - General Information
Some Highlights The COVID-19 pandemic is causing an economic slowdown. The good news is, home values actually increased in 3 of the last 5 U.S. recessions and decreased by less than 2% in the 4th. All things considered, an economic [...] Read More
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Monica Foster March 20, 2020

Are We About to See a New Wave of Foreclosures?

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March 19, 2020 - General Information
With all of the havoc being caused by COVID-19, many are concerned we may see a new wave of foreclosures. Restaurants, airlines, hotels, and many other industries are furloughing workers or dramatically cutting their hours. Without a job, many homeowners [...] Read More
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Monica Foster March 19, 2020

Three Reasons Why This Is Not a Housing Crisis

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March 18, 2020 - General Information
In times of uncertainty, one of the best things we can do to ease our fears is to educate ourselves with research, facts, and data. Digging into past experiences by reviewing historical trends and understanding the peaks and valleys of [...] Read More
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Monica Foster March 18, 2020

Two Big Myths in the Homebuying Process

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March 17, 2020 - General Information
The 2020 Millennial Home Buyer Report shows how this generation is not really any different from previous ones when it comes to homeownership goals: “The majority of millennials not only want to own a home, but 84% of millennials in [...] Read More
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Monica Foster March 17, 2020

5 Simple Graphs Proving This Is NOT Like the Last Time

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March 16, 2020 - General Information
With all of the volatility in the stock market and uncertainty about the Coronavirus (COVID-19), some are concerned we may be headed for another housing crash like the one we experienced from 2006-2008. The feeling is understandable. Ali Wolf, Director [...] Read More
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Monica Foster March 16, 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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