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Archives

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

4 Reasons to Buy A Home This Summer

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June 3, 2019 - General Information
Here are four reasons to consider buying today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest U.S. Home Price Insights reports that home prices have appreciated by 3.7% over the last 12 months. The same report predicts [...] Read More
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Monica Foster June 3, 2019

2 Trends Helping Keep Housing Affordable

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May 1, 2019 - General Information
Two positive trends have started to emerge that impact the 2019 Spring Housing Market. Mortgage interest rates for a 30-year fixed rate loan have dropped to new lows, right as reports show that wages have increased at their highest rate [...] Read More
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Monica Foster May 1, 2019

Are Low Interest Rates Here to Stay?

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April 17, 2019 - General Information
Interest rates for a 30-year fixed rate mortgage have been on the decline since November, now reaching lows last seen in January 2018. According to Freddie Mac’s latest Primary Mortgage Market Survey, rates came in at 4.12% last week! This [...] Read More
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Monica Foster April 17, 2019

Homeowners: Now Is A Good Time To Sell Your House

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April 16, 2019 - General Information
Every month, the National Association of Realtors (NAR) releases their Seller Traffic Index as a part of their Realtors Confidence Index. In the latest release, NAR reported that homeowners have been reluctant to sell their houses. This is reflected when [...] Read More
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Monica Foster April 16, 2019

3 Questions You Need To Ask Before Buying A Home

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April 15, 2019 - General Information
If you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family have your best interests at heart, they may not be fully aware of your needs and what is [...] Read More
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Monica Foster April 15, 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

3 Graphs that Show What You Need to Know About Today’s Real Estate Market

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April 4, 2019 - General Information
The Housing Market has been a hot-topic in the news lately. Depending on which media outlet you watch, it can start to be a bit confusing to understand what’s really going on with interest rates and home prices! The best [...] Read More
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Monica Foster April 4, 2019

Don’t Let Your Luck Run Out! Buy A Home This Spring

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March 15, 2019 - General Information
Some Highlights: Interest Rates for a 30-year fixed rate mortgage have dropped to 4.41% from near 5% in 2018. Take advantage of more inventory coming to market in the spring to find your dream home! Buying now will allow you [...] Read More
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Monica Foster March 15, 2019

4 Reasons to Buy a Home in the Spring

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March 11, 2019 - General Information
Spring has sprung, and it’s a great time to buy a home! Here are four reasons to consider buying today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest U.S. Home Price Insights reports that home prices have [...] Read More
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Monica Foster March 11, 2019
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Monica M. Foster

Monica M. Foster
The Monica Foster Team

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