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Archives

Homebuyers Are in the Mood to Buy Today

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June 22, 2020 - General Information
According to the latest FreddieMac Quarterly Forecast, mortgage interest rates have fallen to historically low levels this spring and they’re projected to remain low. This means there’s a huge incentive for buyers who are ready to purchase. And homeowners looking [...] Read More
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Monica Foster June 22, 2020

Why This Summer Is the 2020 Real Estate Season

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May 27, 2020 - General Information
With stay-at-home orders starting to gradually lift throughout parts of the country, data indicates homebuyers are jumping back into the market. After many families put their plans on hold due to the COVID-19 pandemic, what we once called the busy [...] Read More
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Monica Foster May 27, 2020

Interest Rates Hover Near Historic All-Time Lows

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May 22, 2020 - General Information
Some Highlights Mortgage interest rates have dropped considerably this spring and are hovering at a historically low level. Locking in at a low rate today could save you thousands of dollars over the lifetime of your home loan. Let’s connect [...] Read More
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Monica Foster May 22, 2020

Yes, You Can Still Afford a Home

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March 12, 2020 - General Information
The residential real estate market has come roaring out of the gates in 2020. Compared to this time last year, the number of buyers looking for a home is up 20%, and the number of home sales is up almost [...] Read More
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Monica Foster March 12, 2020

How Interest Rates Can Impact Your Monthly Housing Payments

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March 3, 2020 - General Information
Spring is right around the corner, so flowers are starting to bloom, and many potential homebuyers are getting ready to step into the market. If you’re thinking of buying this season, here’s how mortgage interest rates are working in your [...] Read More
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Monica Foster March 3, 2020

Interest Rates Over Time

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February 21, 2020 - General Information
Some Highlights: With interest rates hovering at near historic lows, now is a great time to look back at where they’ve been, and how much they’ve changed over time. According to Freddie Mac, mortgage interest rates are currently hovering near a [...] Read More
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Monica Foster February 21, 2020

The #1 Misconception in the Homebuying Process

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February 20, 2020 - General Information
After over a year of moderating home prices, it appears home value appreciation is about to reaccelerate. Skylar Olsen, Director of Economic Research at Zillow, explained in a recent article:  “A year ago, a combination of a government shutdown, stock [...] Read More
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Monica Foster February 20, 2020

How Buyers Can Win By Downsizing in 2020

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January 22, 2020 - General Information
Home values have been increasing for 93 consecutive months, according to the National Association of Realtors. If you’re a homeowner, particularly one looking to downsize your living space, that’s great news, as you’ve likely built significant equity in your home. [...] Read More
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Monica Foster January 22, 2020

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

Forget the Price of the Home. The Cost is What Matters.

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November 7, 2019 - General Information
Home buying activity (demand) is up, and the number of available listings (supply) is down. When demand outpaces supply, prices appreciate. That’s why firms are beginning to increase their projections for home price appreciation going forward. As an example, CoreLogic [...] Read More
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Monica Foster November 7, 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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