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Archives

Homebuyer Traffic Is on the Rise

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September 10, 2020 - General Information
One of the biggest surprises of 2020 is the resilience of the residential real estate market. Lawrence Yun, Chief Economist of the National Association of Realtors (NAR), is now forecasting that more homes will sell this year than last year. [...] Read More
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Monica Foster September 10, 2020

Homebuyer Demand Is Far Above Last Year’s Pace

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September 3, 2020 - General Information
Homebuying has been on the rise over the past few months, with record-breaking sales powering through the market in June and July. Buyers are actively purchasing homes, and the momentum is continuing into the fall. It is, however, becoming harder [...] Read More
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Monica Foster September 3, 2020

It’s Not Just About the Price of the Home

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September 1, 2020 - General Information
When most of us begin searching for a home, we naturally start by looking at the price. It’s important, however, to closely consider what else impacts the purchase. It’s not just the price of the house that matters, but the [...] Read More
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Monica Foster September 1, 2020

Three Ways to Win in a Bidding War

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August 31, 2020 - General Information
With so few houses for sale today and low mortgage rates driving buyer activity, bidding wars are becoming more common. Multiple-offer scenarios are heating up, so it’s important to get pre-approved before you start your search. This way, you can [...] Read More
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Monica Foster August 31, 2020

Why Is It so Important to Be Pre-Approved in the Homebuying Process?

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August 27, 2020 - General Information
You may have heard that pre-approval is a great first step in the homebuying process. But why is it so important? When looking for a home, the temptation to fall in love with a house that’s outside your budget is [...] Read More
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Monica Foster August 27, 2020

Should You Buy an Existing Home or New Construction?

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August 26, 2020 - General Information
Finding the right home to purchase today is one of the biggest challenges for potential buyers. With so few homes for sale and construction of newly built homes ramping up, you may be wondering if you should consider new construction [...] Read More
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Monica Foster August 26, 2020

The Top Reasons People Are Moving This Year

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August 24, 2020 - General Information
Today, Americans are moving for a variety of different reasons. The current health crisis has truly re-shaped our lifestyles and our needs. Spending extra time where we currently live is enabling many families to re-evaluate what homeownership means and what [...] Read More
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Monica Foster August 24, 2020

Mortgage Rates & Payments by Decade

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August 14, 2020 - General Information
Some Highlights Sometimes it helps to see the dollars and cents you’ll save when you purchase a home while mortgage rates are low. Today’s low rates mean it’s less expensive to borrow money, so the savings over the life of [...] Read More
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Monica Foster August 14, 2020

Homes Are More Affordable Right Now Than They Have Been in Years

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August 13, 2020 - General Information
Today, home prices are appreciating. When we hear prices are going up, it’s normal to think a home will cost more as the trend continues. The way the housing market is positioned today, however, low mortgage rates are actually making [...] Read More
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Monica Foster August 13, 2020

Current Buyer & Seller Perks in the Housing Market

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August 11, 2020 - General Information
Today’s housing market is making a truly impressive turnaround, and it’s also setting up some outstanding opportunities for buyers and sellers. Whether you’re thinking of buying or selling a home this year, there are perks today that are rarely available, [...] Read More
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Monica Foster August 11, 2020
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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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