For Buyers Archives - Page 49 of 69 - The Monica Foster Team

Taking the Fear Out of the Mortgage Process

October 31, 2019 - General Information

A considerable number of potential buyers shy away from the real estate market because they’re uncertain about the buying process – particularly when it comes to qualifying for a mortgage. For many, the mortgage process can be scary, but it [...] Read More

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Monica Foster October 31, 2019

How to Determine If You Can Afford to Buy a Home

October 30, 2019 - General Information

The gap between the increase in personal income and residential real estate prices has been used to defend the concept that we are experiencing an affordability crisis in housing today. It is true that home prices and wages are two [...] Read More

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Monica Foster October 30, 2019

4 Reasons to Buy a Home This Fall

October 28, 2019 - General Information

Here are four great reasons to consider buying a home today, instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Insights Report shows that home prices have appreciated by 3.6% over the last 12 months. The same report predicts prices [...] Read More

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Monica Foster October 28, 2019

Buying a home can be SCARY…Until you know the FACTS

October 25, 2019 - General Information

Some Highlights: Many potential homebuyers believe they need a 20% down payment and a 780 FICO® score to qualify to buy a home. This stops many people from even trying to jump into homeownership! Here are some facts to help [...] Read More

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Monica Foster October 25, 2019

What Is the Cost of Waiting Until Next Year to Buy?

October 25, 2019 - General Information

Some Highlights: The “cost of waiting to buy” is defined as the additional funds necessary to buy a home if prices and interest rates were to increase over a period of time. Freddie Mac forecasts interest rates will rise to [...] Read More

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Monica Foster

5 Reasons to Consider Living in a Multigenerational Home

October 23, 2019 - General Information

Did you know that 1 in 6 Americans currently live in a multigenerational household? According to Generations United, the number of multigenerational households rose from 42.4 million in 2000 to 64 million in 2016. The 2018 Profile of Home Buyers [...] Read More

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Monica Foster October 23, 2019

Depending on the Price, You’re Going to Need Advice

October 22, 2019 - General Information

To understand today’s complex real estate market, it is critical to have a local, trusted advisor on your side – for more reasons than you may think. In real estate today, there are essentially three different price points in the [...] Read More

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Monica Foster October 22, 2019

5 Tips for Starting Your Home Search

October 21, 2019 - General Information

In today’s market, low inventory dominates the conversation in many areas of the country. It can often be frustrating to be a first-time homebuyer if you aren’t prepared. Here are five tips from realtor.com’s article, “How to Find Your Dream [...] Read More

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Monica Foster October 21, 2019

Homes Are Selling Quickly

October 18, 2019 - General Information

Some Highlights: The National Association of REALTORS® surveyed their members for the release of their Confidence Index. The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about [...] Read More

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Monica Foster October 18, 2019

3 Reasons This is NOT the 2008 Real Estate Market

October 17, 2019 - General Information

Today’s real estate market is nothing like the 2008 market. When an economic slowdown happens, it won’t resemble the last one. No one knows for sure when the next recession will occur. What is known, however, is that the upcoming [...] Read More

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Monica Foster October 17, 2019

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