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Archives

Homeowner Equity Increases an Astonishing $1 Trillion

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December 17, 2020 - General Information
In a year that was financially devastating for many Americans, some good news for most homeowners is the dramatic gain in home equity over the last twelve months. Last week, CoreLogic released its 2020 3rd Quarter Homeowner Equity Insights report, [...] Read More
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Monica Foster December 17, 2020

3 Reasons to Be Optimistic about Real Estate in 2021

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December 16, 2020 - General Information
This year will be remembered for many reasons, and optimism is one thing that’s been in short supply since the spring. We’re experiencing a global pandemic, social unrest, an economic downturn, and natural disasters, just to name a few. The [...] Read More
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Monica Foster December 16, 2020

The Holidays Aren’t Stopping Homebuyers This Year

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December 15, 2020 - General Information
Black Friday and Cyber Monday are behind us, yet finding the perfect holiday gifts for friends and family is certainly still top of mind for many right now. This year, there’s another type of buyer that’s very active this holiday [...] Read More
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Monica Foster December 15, 2020

5 Steps to Follow When Applying for Forbearance

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December 14, 2020 - General Information
If you’re currently feeling the stress of affording your mortgage payment, or if you know someone who is, there’s still time to get help. For homeowners experiencing financial hardship this year, the CARES Act provides mortgage payment deferral options, creating [...] Read More
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Monica Foster December 14, 2020

Why It Makes Sense to Sell Your House This Holiday Season

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December 10, 2020 - General Information
If you’re one of the many homeowners thinking about taking your house off the market for the holidays, hang on. You definitely don’t want to miss the great selling opportunity you have right now. Here’s why this month is the [...] Read More
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Monica Foster December 10, 2020

Are Home Prices Headed Toward Bubble Territory?

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December 9, 2020 - General Information
Talk of a housing bubble is beginning to crop up as home prices have appreciated at a rapid pace this year. This is understandable since the appreciation of residential real estate is well above historic annual averages. According to the [...] Read More
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Monica Foster December 9, 2020

An Honest Look at Unemployment Numbers

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December 8, 2020 - General Information
Last Friday, the Bureau of Labor Statistics released the November Jobs Report. It revealed that, though headed in the right direction, the nation’s job recovery has slowed. The consensus reaction is best exemplified by a quote from Glassdoor Senior Economist, [...] Read More
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Monica Foster December 8, 2020

How Remote Work Can Power Your Vacation Home Sale

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December 7, 2020 - General Information
This year, the opportunity to work remotely has increased the demand for vacation homes. Gay Cororaton, Senior Economist and Director of Housing and Commercial Research at the National Association of Realtors (NAR), notes: “Working from home is a positive factor [...] Read More
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Monica Foster December 7, 2020

A New Way to Shop for Homes in a Virtual World

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December 3, 2020 - General Information
In a year when we’re learning to do so much remotely, homebuying is no exception. From going to work to attending school, grocery shopping, and even seeing our doctors online, digital practices have changed the way we live. This year, [...] Read More
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Monica Foster December 3, 2020

With Home Values Surging, Is it Still Affordable to Buy Right Now?

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December 2, 2020 - General Information
Housing inventory is at an all-time low. Realtor.com just reported that there are 39% fewer homes for sale today than there were last year. At the same time, buyer demand remains strong. In a recent newsletter, research analyst Ivy Zelman [...] Read More
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Monica Foster December 2, 2020
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Monica M. Foster

Monica M. Foster
The Monica Foster Team

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Galveston – Pearland – Sugarland
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