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Archives

A Recession Does Not Equal a Housing Crisis

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August 30, 2019 - General Information
Some Highlights: There is plenty of talk in the media about a pending economic slowdown. The good news is, home values actually increased in 3 of the last 5 U.S. recessions, and decreased by less than 2% in the 4th. [...] Read More
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Monica Foster August 30, 2019

A Latte a Day Keeps Homeownership Away

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August 23, 2019 - General Information
Some Highlights: The pumpkin spice latte is launching soon, so you may be tempted to spend your extra cash on a daily caffeine fix, but that small expense can add up to a big number – fast! Saving for a [...] Read More
0
Monica Foster August 23, 2019

Buying a Home: Do You Know the Lingo?

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August 16, 2019 - General Information
Some Highlights: Buying a home can be intimidating if you’re not familiar with the terms used throughout the process. To point you in the right direction, here’s a list of some of the most common language you’ll hear when buying [...] Read More
2
Monica Foster August 16, 2019

Rent Vs. Own

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August 9, 2019 - General Information
Some Highlights: Owning your own home vs. renting may lead to some great options, such as locking in your monthly payments and having the freedom to customize your living space. Whether you rent or own, you have to cover someone’s [...] Read More
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Monica Foster August 9, 2019

Existing Home Sales Point Toward a Good Time to Sell

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August 2, 2019 - General Information
Some Highlights: Existing Home Sales dropped 1.7% from May to a seasonally adjusted annual rate of 5.27 million in June. Low inventory levels are still a factor in the market. The current supply of homes for sale is at 4.4 [...] Read More
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Monica Foster August 2, 2019

Home Prices Up 5.05% Across the Country

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July 26, 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 July 26, 2019

The Cost of Waiting: Interest Rates Edition

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July 19, 2019 - General Information
Some Highlights: Interest rates are projected to increase steadily heading into 2020. The higher your interest rate, the more money you will end up paying for your home and the higher your monthly payment will be. Rates are still low [...] Read More
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Monica Foster July 19, 2019

Is Your First Home Now Within Your Grasp?

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July 12, 2019 - General Information
Some Highlights: According to the US Census Bureau, “millennials” are defined as 18-36-year-olds. According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time home buyers is 32. More and more “old millennials” (25-36) are [...] Read More
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Monica Foster July 12, 2019

10 Steps to Buying a Home This Summer

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July 5, 2019 - General Information
Some Highlights: If you are thinking of buying a home, you may not know where to start. Here is a simple list of 10 steps that you will go through to purchase a home. Make sure to ask your agent [...] Read More
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Monica Foster July 5, 2019

Americans Rank Real Estate Best Investment for 6 Years Running!

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June 28, 2019 - General Information
Some Highlights: Real estate has outranked stocks/mutual funds, gold, savings accounts/CDs, and bonds as the best long-term investment among Americans for the last 6 years. Stock owners are more positive about real estate than stocks as an investment. Of the [...] Read More
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Monica Foster June 28, 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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