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Archives

10 Steps to Buying a Home

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February 28, 2020 - General Information
Some Highlights: If you’re thinking of buying a home and you’re not sure where to start, you’re not alone. Here’s a guide with 10 simple steps to follow in the homebuying process. Be sure to work with a trusted real [...] Read More
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Monica Foster February 28, 2020

How Much “Housing Wealth” Can You Build in a Decade?

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February 27, 2020 - General Information
Earlier this month, the National Association of Realtors (NAR) released a special study titled Single-Family Home Price Gains by Years of Tenure. The study estimates median home price appreciation over the last 30 years based on the length of homeownership. [...] Read More
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Monica Foster February 27, 2020

Thinking of Selling? Now May Be the Time.

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February 26, 2020 - General Information
The housing market has started off much stronger this year than it did last year. Lower mortgage interest rates have been a driving factor in that change. The average 30-year rate in 2019, according to Freddie Mac, was 3.94%. Today [...] Read More
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Monica Foster February 26, 2020

Opportunity in the Luxury Market This Year

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February 24, 2020 - General Information
Homes priced in the top 25% of a price range for a particular area of the country are considered “premium homes.” At the start of last year, many of the more expensive homes listed for sale hadn’t seen as much interest, [...] Read More
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Monica Foster February 24, 2020

Interest Rates Over Time

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February 21, 2020 - General Information
Some Highlights: With interest rates hovering at near historic lows, now is a great time to look back at where they’ve been, and how much they’ve changed over time. According to Freddie Mac, mortgage interest rates are currently hovering near a [...] Read More
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Monica Foster February 21, 2020

The #1 Misconception in the Homebuying Process

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February 20, 2020 - General Information
After over a year of moderating home prices, it appears home value appreciation is about to reaccelerate. Skylar Olsen, Director of Economic Research at Zillow, explained in a recent article:  “A year ago, a combination of a government shutdown, stock [...] Read More
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Monica Foster February 20, 2020

How Trusted Professionals Make Homebuying Easier to Understand

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February 18, 2020 - General Information
In the spring, many excited buyers get ready to enter the housing market. Others continue dreaming about the homes they’d like to buy. The truth is, many potential buyers continue to dream longer than they need to, simply because they’re [...] Read More
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Monica Foster February 18, 2020

The Overlooked Financial Advantages of Homeownership

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February 17, 2020 - General Information
There are many clear financial benefits to owning a home: increasing equity, building net worth, growing appreciation, and more. If you’re a renter, it’s never too early to make a plan for how homeownership can propel you toward a stronger [...] Read More
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Monica Foster February 17, 2020

Reasons to Fall in Love with Homeownership

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February 14, 2020 - General Information
Some Highlights: There are many benefits to love about homeownership, and they’re not all financial. Being a part of a neighborhood, driving academic achievement, and improving mental health are just a few of these advantages. Let’s get together today to [...] Read More
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Monica Foster February 14, 2020

How the Housing Market Benefits with Uncertainty in the World

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February 13, 2020 - General Information
It’s hard to listen to today’s news without hearing about the uncertainty surrounding global markets, the spread of the coronavirus, and tensions in the Middle East, just to name a few. These concerns have caused some to question their investment [...] Read More
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Monica Foster February 13, 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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