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Archives

What Buyers and Sellers Need To Know About the Appraisal Gap

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August 31, 2021 - General Information
It’s economy 101 – when supply is low and demand is high, prices naturally rise. That’s what’s happening in today’s housing market. Home prices are appreciating at near-historic rates, and that’s creating some challenges when it comes to home appraisals. [...] Read More
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Monica Foster August 31, 2021

Why 2021 Is Still the Year To Sell Your House

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August 25, 2021 - General Information
If you’re trying to decide whether or not to sell your house, this is the time to think seriously about making a move. Fannie Mae’s recent Home Purchase Sentiment Index (HPSI) reveals the number of respondents who say it’s a good [...] Read More
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Monica Foster August 25, 2021

More Young People Are Buying Homes

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August 19, 2021 - General Information
There’s a common misconception that younger generations aren’t interested in homeownership. Many people point to the fact that millennials put off purchasing their first home as a reason for this belief. Odeta Kushi, Deputy Chief Economist for First American, explains [...] Read More
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Monica Foster August 19, 2021

Real Estate: It’s Still a Lack of Supply, Not a Lack of Demand

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August 18, 2021 - General Information
One of the major questions real estate experts are asking today is whether prospective homebuyers still believe purchasing a home makes sense. Some claim rapidly rising home prices are impacting demand and, by extension, leading to the recent slowdown in [...] Read More
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Monica Foster August 18, 2021

What Does Being in a Sellers’ Market Mean?

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August 17, 2021 - General Information
Whether or not you’ve been following the real estate industry lately, there’s a good chance you’ve heard we’re in a serious sellers’ market. But what does that really mean? And why are conditions today so good for people who want [...] Read More
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Monica Foster August 17, 2021

A Look at Home Price Appreciation and What It Means for Sellers

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August 16, 2021 - General Information
When you hear the phrase home price appreciation, what does it mean to you? Through context clues alone, chances are you know it has to do with rising home prices. And as a seller, you know rising home prices are [...] Read More
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Monica Foster August 16, 2021

Looking for a Place To Call Home? Consider a Condominium.

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August 10, 2021 - General Information
It’s no secret that one of the top stories in today’s real estate market is low housing supply and high buyer demand. If you’re a first-time buyer looking for a starter home or are someone who’s interested in downsizing, it [...] Read More
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Monica Foster August 10, 2021

The Community and Economic Impacts of a Home Sale

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August 9, 2021 - General Information
If you’re thinking of buying or selling a house, chances are you’re focusing on the many extraordinary ways it’ll change your life. What you may not realize is that decision impacts people’s lives far beyond your own. Home purchases and [...] Read More
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Monica Foster August 9, 2021

Surprising Shift Favors Homeowners: Buyers Now Prefer Existing Homes

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August 5, 2021 - General Information
In April, the National Association of Home Builders (NAHB) posted an article, Home Buyers’ Preferences Shift Towards New Construction, which reported: “60% of people who were looking to buy a home in 2020 said they’d prefer new construction to an [...] Read More
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Monica Foster August 5, 2021

Sellers: Make Today’s Home Price Appreciation Work for You

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August 4, 2021 - General Information
Home prices continue to rise as we move through the summer, and that’s good news for sellers who are looking to maximize their home’s potential. If you’re on the fence about whether to list your house now or later, the [...] Read More
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Monica Foster August 4, 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
Katy

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