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Archives

Your Home Equity Can Take You Places

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July 9, 2021 - General Information
Some Highlights The amount of wealth Americans have stored in their homes has increased astronomically. On average, homeowners gained $33,400 in equity over the last 12 months, and the average equity on mortgaged homes is now $216,000. When it’s time [...] Read More
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Monica Foster July 9, 2021

A Look at Home Price Appreciation Through 2025

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July 6, 2021 - General Information
Home prices have increased significantly over the last year, which in turn has grown the net worth of homeowners. Appreciation and home equity are directly linked – as the value of a home increases, so does a homeowner’s equity. And [...] Read More
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Monica Foster July 6, 2021

Home Builders Ramp Up Construction Based on Demand

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July 5, 2021 - General Information
If you’re thinking of buying a home, there really is no time like the present. With today’s low mortgage rates, you have a great opportunity to get more home for your money. The challenge is inventory. Like you, many buyers [...] Read More
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Monica Foster July 5, 2021

Are We in a Housing Bubble? Experts Say No.

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July 1, 2021 - General Information
The question of whether the real estate market is a bubble ready to pop seems to be dominating a lot of conversations – and everyone has an opinion. Yet, when it comes down to it, the opinions that carry the [...] Read More
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Monica Foster July 1, 2021

What Do Experts See on the Horizon for the Second Half of the Year?

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June 30, 2021 - General Information
As we move into the latter half of the year, questions about what’s to come are top of mind for buyers and sellers. Near record-low mortgage rates coupled with rising home price appreciation kicked off a robust housing market in [...] Read More
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Monica Foster June 30, 2021

Homeowner Wealth Increases Through Growing Equity This Year

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June 23, 2021 - General Information
Building financial wealth and stability remains one of the top reasons Americans choose to own a home, and as a homeowner, your wealth often grows without you even realizing it. In a recent paper published by the Urban Institute, Home [...] Read More
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Monica Foster June 23, 2021

Don’t Wait To Sell Your House

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June 16, 2021 - General Information
We’re in the ultimate sellers’ market right now. If you’re a homeowner thinking about selling, you have a huge advantage in today’s housing market. High buyer demand paired with very few houses for sale makes this the optimal time to [...] Read More
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Monica Foster June 16, 2021

Hope Is on the Horizon for Today’s Housing Shortage

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June 15, 2021 - General Information
The major challenge in today’s housing market is that there are more buyers looking to purchase than there are homes available to buy. Simply put, supply can’t keep up with demand. A normal market has a 6-month supply of homes [...] Read More
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Monica Foster June 15, 2021

The Right Expert Will Guide You Through This Unprecedented Market

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June 14, 2021 - General Information
In a normal market, it’s good to have an experienced guide coaching you through the process of buying or selling a home. That person can advise you on important things like pricing your home correctly or the first steps to [...] Read More
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Monica Foster June 14, 2021

Why This Is Not Like 2008 Again

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June 10, 2021 - General Information
During the Great Recession, just over a decade ago, the financial systems the world depended on started to collapse. It created a panic that drove some large companies out of business (ex. Lehman Brothers) and many more into bankruptcy. The [...] Read More
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Monica Foster June 10, 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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