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Archives

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

How Much “Housing Wealth” Can You Build in a Decade?

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February 27, 2020 - General Information
Earlier this month, the National Association of Realtors (NAR) released a special study titled Single-Family Home Price Gains by Years of Tenure. The study estimates median home price appreciation over the last 30 years based on the length of homeownership. [...] Read More
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Monica Foster February 27, 2020

Opportunity in the Luxury Market This Year

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February 24, 2020 - General Information
Homes priced in the top 25% of a price range for a particular area of the country are considered “premium homes.” At the start of last year, many of the more expensive homes listed for sale hadn’t seen as much interest, [...] Read More
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Monica Foster February 24, 2020

Three Reasons Why Pre-Approval Is the First Step in the 2020 Homebuying Journey

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February 3, 2020 - General Information
When the number of buyers in the housing market outnumbers the number of homes for sale, it’s called a “seller’s market.” The advantage tips toward the seller as low inventory heats up the competition among those searching for a place to [...] Read More
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Monica Foster February 3, 2020

The #1 Reason It Is Difficult to Find Your Dream Home

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January 23, 2020 - General Information
The headlines in real estate today all revolve around one major point: there is a shortage of homes available for sale. Price appreciation is accelerating again because there is a shortage of homes available for sale. First-time buyers are taking [...] Read More
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Monica Foster January 23, 2020

Homes Are More Affordable Today, Not Less Affordable

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January 15, 2020 - General Information
There’s a current narrative that owning a home today is less affordable than it has been in the past. The reason some are making this claim is because house prices have substantially increased over the last several years. It’s not, [...] Read More
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Monica Foster January 15, 2020

2020 Luxury Market Forecast

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January 14, 2020 - General Information
By the end of last year, many homeowners found themselves with more equity than they realized, and at the same time their wages were increasing. When those two factors unite, it can spark homeowners to think about making a move [...] Read More
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Monica Foster January 14, 2020

There’s a Long Line of Buyers Waiting for Your House

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January 9, 2020 - General Information
If you’re following what’s happening in the housing market right now, you know that many people believe the winter months aren’t a good time to sell a home. As realtor.com Senior Economist George Ratiu recently noted, “Sellers tend to be [...] Read More
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Monica Foster January 9, 2020

Big Demand for Small Homes

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January 7, 2020 - General Information
Movies, tv shows, and celebrities often have us dreaming of owning large homes, but the reality for most people is quite different. Since 2015, the square footage of newly built houses has been shrinking, according to Yahoo Finances. This is [...] Read More
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Monica Foster January 7, 2020

Top Renovations for Maximum ROI

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January 3, 2020 - General Information
Some Highlights: If you’re planning on selling your house in 2020, these are the top renovations that will give you the highest Return on your Investment. Regardless of how long you’re planning on staying in your current home, it’s smart [...] Read More
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Monica Foster January 3, 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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