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Archives

3 Ways Home Equity Can Have a Major Impact on Your Life

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February 17, 2021 - General Information
There have been a lot of headlines reporting on how homeowner equity (the difference between the current market value of your home and the amount you owe on your mortgage) has dramatically increased over the past few years. CoreLogic indicated [...] Read More
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Monica Foster February 17, 2021

Millennials: Is It Time to Buy a Bigger Home?

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February 16, 2021 - General Information
In today’s housing market, all eyes are on millennials. Not only are millennials the largest generation, but they’re also currently between 25 and 40 years old. These are often considered prime homebuying years when many people begin to form their [...] Read More
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Monica Foster February 16, 2021

3 Reasons We’re Definitely Not in a Housing Bubble

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February 9, 2021 - General Information
Home values appreciated by about ten percent in 2020, and they’re forecast to appreciate by about five percent this year. This has some voicing concern that we may be in another housing bubble like the one we experienced a little [...] Read More
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Monica Foster February 9, 2021

Turn to an Expert for the Best Advice, Not Perfect Advice

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February 1, 2021 - General Information
As we approach the anniversary of the hardships we’ve faced through this pandemic and the subsequent recession, it’s normal to reflect on everything that’s changed and wonder what’s ahead for 2021. While there are signs of economic recovery as vaccines [...] Read More
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Monica Foster February 1, 2021

Is Right Now the Right Time to Sell?

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January 29, 2021 - General Information
Some Highlights If you’re on the fence about selling your house, now is a great time to take advantage of sky-high demand, low supply, and fierce buyer competition. With buyer demand rising and historically low inventory for sale, if you’re [...] Read More
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Monica Foster January 29, 2021

What Record-Low Housing Inventory Means for You

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January 28, 2021 - General Information
The real estate market is expected to do very well in 2021, with mortgage rates that are hovering at historic lows and forecasted by experts to remain favorable throughout the year. One challenge to the housing industry, however, is the [...] Read More
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Monica Foster January 28, 2021

What Happens When Homeowners Leave Their Forbearance Plans?

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January 27, 2021 - General Information
According to the latest report from Black Knight, Inc., a well-respected provider of data and analytics for mortgage companies, 6.48 million households have entered a forbearance plan as a result of financial concerns brought on by the COVID-19 pandemic. Here’s [...] Read More
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Monica Foster January 27, 2021

Why Moving May Be Just the Boost You Need

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January 25, 2021 - General Information
As we look back over the past year, we’ve certainly lived through one of the most stressful periods in recent history. After spending so much more time at home throughout the health crisis, some are wondering if they should move [...] Read More
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Monica Foster January 25, 2021

What Experts Are Saying about the 2021 Job Market

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January 21, 2021 - General Information
Earlier this month, the Bureau of Labor Statistics (BLS) released their most recent Jobs Report. The report revealed that the economy lost 140,000 jobs in December. That’s a devastating number and dramatically impacts those households that lost a source of [...] Read More
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Monica Foster January 21, 2021

Why Right Now May Be the Time to Sell Your House

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January 14, 2021 - General Information
The housing market made an incredible recovery in 2020 and is now positioned for an even stronger year in 2021. Record-low mortgage interest rates are a driving factor in this continued momentum, with average rates hovering at historic all-time lows. According [...] Read More
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Monica Foster January 14, 2021
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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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