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Archives

The Housing Market Will “Spring Forward” This Year!

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March 4, 2019 - General Information
Just like our clocks this weekend, in the majority of the country, the housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory available for sale has been holding back the market. Many potential sellers believe that waiting [...] Read More
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Monica Foster March 4, 2019

Home Prices Up 5.73% Across the Country!

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March 1, 2019 - General Information
Some Highlights: The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report. In the report, home prices are compared both regionally and by state. Based on the latest numbers, if you plan on relocating to another state, waiting to [...] Read More
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Monica Foster March 1, 2019

No Worries… Home Prices Coming in for a SOFT Landing

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February 28, 2019 - General Information
Home prices have appreciated considerably over the last five years. This has some concerned that we may be in for another dramatic correction. However, recent statistics suggest home values will not crash as they did a decade ago. Instead, this [...] Read More
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Monica Foster February 28, 2019

Interest Rates Hit New 12 Month Low!

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February 27, 2019 - General Information
According to Freddie Mac’s Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at their lowest for 2019. Rates like these haven’t been seen since February 2018! Last week’s survey results reported an interest rate [...] Read More
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Monica Foster February 27, 2019

3 Reasons Why We Are Not Heading Toward Another Housing Crash

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February 21, 2019 - General Information
With home prices softening, some are concerned that we may be headed toward the next housing crash. However, it is important to remember that today’s market is quite different than the bubble market of twelve years ago. Here are three [...] Read More
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Monica Foster February 21, 2019

2019 Will Be a Great Year for Buyers AND Sellers

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February 19, 2019 - General Information
Many homeowners believe that rising interest rates and home prices have scared away buyers and therefore have not listed their houses for sale. However, the truth is that buyers who were unable to find a home last year are out [...] Read More
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Monica Foster February 19, 2019

Where Did Americans Move in 2018?

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February 15, 2019 - General Information
Some Highlights: Every year United Van Lines conducts their National Movers Study by tracking their customer’s movement state-to-state over the course of the year. Vermont claimed the top spot of states with the highest percentage of inbound residents following a [...] Read More
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Monica Foster February 15, 2019

How To List Your Home for the Best Price

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February 12, 2019 - General Information
If your plan for 2019 includes selling your home, you will want to pay attention to where experts believe home values are headed. According to the latest Home Price Index from CoreLogic, home prices increased by 4.7% over the course [...] Read More
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Monica Foster February 12, 2019

3 Things You Need in a Shifting Real Estate Market

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January 24, 2019 - General Information
Whether you are thinking of selling your house or buying a home, today’s real estate headlines can be confusing – perhaps even concerning. What is actually happening with mortgage rates? Are home values dropping or are they just rising at [...] Read More
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Monica Foster January 24, 2019

Is the Recent Dip in Interest Rates Here to Stay?

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January 9, 2019 - General Information
Interest rates for a 30-year fixed rate mortgage climbed consistently throughout 2018 until the middle of November. After that point, rates returned to levels that we saw in August to close out the year at 4.55%, according to Freddie Mac’s [...] Read More
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Monica Foster January 9, 2019
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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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