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Archives

Homeownership Rate on the Rise to a 6-Year High

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February 11, 2020 - General Information
Regardless of the lack of inventory on the market, the U.S. homeownership rate has climbed to a 6-year high. The United States Census Bureau reported that it increased to 65.1% in the fourth quarter of 2019, representing the highest level [...] Read More
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Monica Foster February 11, 2020

The Top States Americans Moved to Last Year

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February 7, 2020 - General Information
Some Highlights: Americans are on the move, and the most recent Atlas Van Lines Migration Patterns Survey tracked the 2019 traffic flow from state-to-state. Idaho held on to the top spot of ‘high inbound’ states for the second time since [...] Read More
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Monica Foster February 7, 2020

Great News for Renters Who Want to Buy a Home

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February 6, 2020 - General Information
Rents in the United States have been skyrocketing since 2012. This has caused many renters to face a tremendous burden when juggling their housing expenses and the desire to save for a down payment at the same time. The recent [...] Read More
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Monica Foster February 6, 2020

How to Avoid a Gender Gap When Investing in the Housing Market

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February 4, 2020 - General Information
When buying a home, we all want to feel like we’re making the right decision, paying a fair price, and making the best investment of our lives. According to a recent gender-based study, men and women can unknowingly walk away [...] Read More
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Monica Foster February 4, 2020

Three Reasons Why Pre-Approval Is the First Step in the 2020 Homebuying Journey

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February 3, 2020 - General Information
When the number of buyers in the housing market outnumbers the number of homes for sale, it’s called a “seller’s market.” The advantage tips toward the seller as low inventory heats up the competition among those searching for a place to [...] Read More
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Monica Foster February 3, 2020

5 Reasons Homeowners Throw Better Parties During the Big Game

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January 31, 2020 - General Information
Some Highlights: There’s more room to entertain a large crowd. The kitchen is big enough to whip up endless appetizers – yum! You don’t have to worry about complaints to your landlord when the cheering kicks in! [...] Read More
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Monica Foster January 31, 2020

Strength of the Economy Is Surprising the Experts

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January 30, 2020 - General Information
We’re currently in the longest economic recovery in U.S. history. That has caused some to ask experts to project when the next economic slowdown (recession) could occur. Two years ago, 67% of the economists surveyed by the Wall Street Journal [...] Read More
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Monica Foster January 30, 2020

Where Have All the Houses Disappeared To?

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January 29, 2020 - General Information
If you’re following what’s happening in the current housing market, you’ve seen how the lack of newly constructed homes is a major reason there’s a shortage of housing inventory available to today’s buyers. Another reason is that the inventory of [...] Read More
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Monica Foster January 29, 2020

2020 Homebuying Checklist

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January 24, 2020 - General Information
Some Highlights: If you’re thinking of buying a home, plan ahead and stay on the right track, starting with pre-approval. Being proactive about the homebuying process will help set you up for success in each step. Make sure to work [...] Read More
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Monica Foster January 24, 2020

The #1 Reason It Is Difficult to Find Your Dream Home

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January 23, 2020 - General Information
The headlines in real estate today all revolve around one major point: there is a shortage of homes available for sale. Price appreciation is accelerating again because there is a shortage of homes available for sale. First-time buyers are taking [...] Read More
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Monica Foster January 23, 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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