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Archives

The #1 Reason It Is Difficult to Find Your Dream Home

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January 23, 2020 - General Information
The headlines in real estate today all revolve around one major point: there is a shortage of homes available for sale. Price appreciation is accelerating again because there is a shortage of homes available for sale. First-time buyers are taking [...] Read More
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Monica Foster January 23, 2020

Housing Inventory Vanishing: What Is the Impact on You?

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January 16, 2020 - General Information
The real estate market is expected to do very well this year as mortgage rates remain at historic lows. One challenge to the housing industry is the lack of homes available for sale. Last week, move.com released a report showing [...] Read More
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Monica Foster January 16, 2020

Homes Are More Affordable Today, Not Less Affordable

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January 15, 2020 - General Information
There’s a current narrative that owning a home today is less affordable than it has been in the past. The reason some are making this claim is because house prices have substantially increased over the last several years. It’s not, [...] Read More
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Monica Foster January 15, 2020

The 2020 Real Estate Projections That May Surprise You

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January 2, 2020 - General Information
This will be an interesting year for residential real estate. With a presidential election taking place this fall and talk of a possible recession occurring before the end of the year, predicting what will happen in the 2020 U.S. housing [...] Read More
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Monica Foster January 2, 2020

Expert Insights on the 2020 Housing Market

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December 31, 2019 - General Information
When closing out another year, it’s normal to wonder what’s ahead for the housing market. Though there will be future inventory issues, we expect interest rates to stay low and appreciation to continue.   Here’s what three experts are saying [...] Read More
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Monica Foster December 31, 2019

2020 Forecast Shows Continued Home Price Appreciation

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December 23, 2019 - General Information
Questions continue to rise around where home prices will head in 2020. The latest forecast from CoreLogic shows continued appreciation at 5.4% over the next year: Additionally, ARCH Mortgage Insurance Company in their current Housing and Mortgage Market Review revealed [...] Read More
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Monica Foster December 23, 2019

Where is the Housing Market Headed in 2020?

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December 20, 2019 - General Information
Some Highlights: Interest rates will be lower than they have been since before 1980 at 3.8% and are projected to remain steady throughout 2020! According to CoreLogic, home prices will appreciate at a rate of 5.4% over the course of [...] Read More
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Monica Foster December 20, 2019

5,300 Reasons to Be Happy You’re a Homeowner

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December 19, 2019 - General Information
Studies have shown that, in many cases, the largest asset a family owns is the house they live in. Over the last twelve months, that asset has gained substantial value. CoreLogic just released their 2019 3rd Quarter Homeowner Equity Insights [...] Read More
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Monica Foster December 19, 2019

The Biggest Issue Facing Housing Next Year

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December 18, 2019 - General Information
This coming year the housing market will be defined by 3 things- inventory, interest rates, and appreciation.  But the biggest issue the housing market will face in 2020 is an inventory shortage.  There aren’t enough homes on the market for [...] Read More
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Monica Foster December 18, 2019

Holiday Gifts Are Not the Only Hot Things Right Now

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December 12, 2019 - General Information
Black Friday is behind us and holiday gifts are flying off the shelves in stores and online. Unlike last year, however, there’s another type of buyer that is very active this winter – the homebuyer. Each month, ShowingTime releases their [...] Read More
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Monica Foster December 12, 2019
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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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