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Archives

National Cut Your Energy Costs Day

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January 10, 2020 - General Information
Some Highlights: On January 10th of each year, “National Cut Your Energy Costs Day” encourages consumers to reduce their overall energy costs by improving home efficiency. According to Freddie Mac, a typical U.S. family spends $2,200 per year on energy [...] Read More
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Monica Foster January 10, 2020

Top Renovations for Maximum ROI

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January 3, 2020 - General Information
Some Highlights: If you’re planning on selling your house in 2020, these are the top renovations that will give you the highest Return on your Investment. Regardless of how long you’re planning on staying in your current home, it’s smart [...] Read More
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Monica Foster January 3, 2020

Working with a Local Real Estate Professional Makes All the Difference

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December 27, 2019 - General Information
Some Highlights: Choosing the right real estate professional is one of the most impactful decisions you can make in your home buying or selling process. A real estate professional can explain current market conditions and break down what they will [...] Read More
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Monica Foster December 27, 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

Get Your House Ready To Sell This Winter

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December 13, 2019 - General Information
Some Highlights Winter is a great time to list a house, since inventory is traditionally low, and most sellers are holding off until spring to put their homes on the market. Waiting for warmer weather when more competition is on [...] Read More
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Monica Foster December 13, 2019

Millennials Are on the Move as First-Time Homebuyers

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December 6, 2019 - General Information
Some Highlights: According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time homebuyers is 32. With more millennials entering a homebuying phase of life, they are driving a large portion of the buyer appetite [...] Read More
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Monica Foster December 6, 2019

Buyers Are Looking For Your Home

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November 29, 2019 - General Information
Some Highlights: Existing Home Sales are currently at an annual pace of 5.46 million. The inventory of existing homes for sale remains below the 6 months needed for a normal market and is now at a 3.9-month supply. Inventory remains [...] Read More
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Monica Foster November 29, 2019

The Cost Across Time

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November 22, 2019 - General Information
Some Highlights: With interest rates around 3.66%, now is a great time to look back at where they’ve been over the past few decades. Comparatively, they’re pretty low! According to Freddie Mac, rates are projected to increase to 3.9% by [...] Read More
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Monica Foster November 22, 2019

The Cost of Renting vs. Buying a Home

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November 15, 2019 - General Information
Some Highlights: Historically, the choice between renting and buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (27.7%) vs. the percentage needed to buy a median-priced home (17.5%), [...] Read More
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Monica Foster November 15, 2019

VA Home Loans by the Numbers

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November 8, 2019 - General Information
Some Highlights: The Veterans Administration (VA) Home Loan is a benefit that is available to more than 22 million veterans and 2 million active duty service members to help them achieve the dream of homeownership. In 2018, $161 billion was [...] Read More
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Monica Foster November 8, 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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