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Archives

Don’t Let Frightening Headlines Scare You

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March 26, 2020 - General Information
There’s a lot of anxiety right now regarding the coronavirus pandemic. The health situation must be addressed quickly, and many are concerned about the impact on the economy as well. Amidst all this anxiety, anyone with a megaphone – from [...] Read More
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Monica Foster March 26, 2020

Is Now a Good Time to Refinance My Home?

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March 25, 2020 - General Information
With interest rates hitting all-time lows over the past few weeks, many homeowners are opting to refinance. To decide if refinancing your home is the best option for you and your family, start by asking yourself these questions: Why do [...] Read More
0
Monica Foster March 25, 2020

Why the Stock Market Correction Probably Won’t Impact Home Values

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March 24, 2020 - General Information
With the housing crash of 2006-2008 still visible in the rear-view mirror, many are concerned the current correction in the stock market is a sign that home values are also about to tumble. What’s taking place today, however, is nothing [...] Read More
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Monica Foster March 24, 2020

Economic Slowdown: What the Experts Are Saying

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March 23, 2020 - General Information
More and more economists are predicting a recession is imminent as the result of the pullback in the economy caused by COVID-19. According to the National Bureau of Economic Research: “A recession is a significant decline in economic activity spread [...] Read More
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Monica Foster March 23, 2020

A Recession Does Not Equal a Housing Crisis

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March 20, 2020 - General Information
Some Highlights The COVID-19 pandemic is causing an economic slowdown. The good news is, home values actually increased in 3 of the last 5 U.S. recessions and decreased by less than 2% in the 4th. All things considered, an economic [...] Read More
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Monica Foster March 20, 2020

Are We About to See a New Wave of Foreclosures?

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March 19, 2020 - General Information
With all of the havoc being caused by COVID-19, many are concerned we may see a new wave of foreclosures. Restaurants, airlines, hotels, and many other industries are furloughing workers or dramatically cutting their hours. Without a job, many homeowners [...] Read More
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Monica Foster March 19, 2020

Three Reasons Why This Is Not a Housing Crisis

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March 18, 2020 - General Information
In times of uncertainty, one of the best things we can do to ease our fears is to educate ourselves with research, facts, and data. Digging into past experiences by reviewing historical trends and understanding the peaks and valleys of [...] Read More
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Monica Foster March 18, 2020

5 Simple Graphs Proving This Is NOT Like the Last Time

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March 16, 2020 - General Information
With all of the volatility in the stock market and uncertainty about the Coronavirus (COVID-19), some are concerned we may be headed for another housing crash like the one we experienced from 2006-2008. The feeling is understandable. Ali Wolf, Director [...] Read More
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Monica Foster March 16, 2020

Buying a Home: Do You Know the Lingo?

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March 13, 2020 - General Information
Some Highlights: Buying a home can be intimidating if you’re not familiar with the terms used throughout the process. To point you in the right direction, here’s a list of some of the most common language you’ll hear along the [...] Read More
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Monica Foster March 13, 2020

Equity Gain Growing in Nearly Every State

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March 10, 2020 - General Information
Rising home prices have been in the news a lot lately, and much of the focus is on whether they’re accelerating too quickly and how sustainable the growth in prices really is. One of the often-overlooked benefits of rising prices, [...] Read More
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Monica Foster March 10, 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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