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Archives

4 Reasons to Sell This Summer

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June 21, 2019 - General Information
Some Highlights: Buyer demand continues to outpace the supply of homes for sale. This means that buyers are often competing with one another for the few listings that are available. Housing inventory is still under the 6-month supply needed to [...] Read More
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Monica Foster June 21, 2019

Top 4 Renovations for the Greatest Return on Investment!

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June 14, 2019 - General Information
Some Highlights: If you are planning on listing your house for sale this year, these four home improvement projects will net you the most Return on Investment (ROI). Minor renovations can go a long way toward improving the quality of your [...] Read More
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Monica Foster June 14, 2019

What is the Cost of Waiting Until Next Year to Buy?

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June 7, 2019 - General Information
Some Highlights: The “cost of waiting to buy” is defined as the additional funds necessary to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac forecasts interest rates to rise to 4.5% [...] Read More
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Monica Foster June 7, 2019

The Top Reasons to Own Your Home

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May 31, 2019 - General Information
Some Highlights: June is National Homeownership Month! Now is a great time to reflect on the many benefits of homeownership that go way beyond the financial. What reasons do you have to own your own home? [...] Read More
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Monica Foster May 31, 2019

Top Days to List Your Home for Sale

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May 17, 2019 - General Information
Some Highlights: ATTOM Data Solutions conducted an analysis of more than 29 million single family home and condo sales over the past eight years to determine the top days to list your home for sale. The top five days to [...] Read More
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Monica Foster May 17, 2019

A Tale of Two Markets

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May 10, 2019 - General Information
Some Highlights: An emerging trend for some time now has been the difference between available inventory and demand in the premium and luxury markets and that in the starter and trade-up markets and what those differences are doing to prices! [...] Read More
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Monica Foster May 10, 2019

The Cost of Renting vs. Buying This Spring

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May 3, 2019 - General Information
Some Highlights: Historically, the choice between renting or 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 May 3, 2019

Existing Home Sales Slow to Start Spring

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April 26, 2019 - General Information
Some Highlights: Existing Home Sales slowed to an annual pace of 5.21 million home sales in March. Low inventory levels are still impacting home sales! The current month’s supply of homes for sale is 3.9-months. Median home prices were up [...] Read More
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Monica Foster April 26, 2019

5 Reasons Why Millennials Buy a Home

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April 19, 2019 - General Information
Some Highlights: “The majority of millennials said they consider owning a home more sensible than renting for both financial and lifestyle reasons — including control of living space, flexibility in future decisions, privacy and security, and living in a nice [...] Read More
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Monica Foster April 19, 2019

Slaying the Largest Homebuying Myths Today

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April 12, 2019 - General Information
Some Highlights: The average down payment for first-time homebuyers is only 6%! Mortgage interest rates have been on the decline since November! Hop in now to lock in a low rate! 88% of property managers raised their rents in the [...] Read More
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Monica Foster April 12, 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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