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Archives

2 Myths Holding Back Home Buyers

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June 10, 2019 - General Information
Freddie Mac recently released a report entitled, “Perceptions of Down Payment Consumer Research.” Their research revealed that, “For many prospective homebuyers, saving for a down payment is the largest barrier to achieving the goal of homeownership. Part of the challenge for those planning [...] Read More
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Monica Foster June 10, 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 Feeling You Get from Owning Your Home

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June 5, 2019 - General Information
We often talk about the financial reasons why buying a home makes sense. But, more often than not, the emotional reasons are the more powerful and compelling ones. No matter what shape or size your living space is, the concept [...] Read More
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Monica Foster June 5, 2019

How Homeownership Delivers Unsurpassed Family Wealth

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June 4, 2019 - General Information
There are many financial benefits to homeownership, but probably none more important than its ability to create family wealth. How Housing Matters is a joint project of the Urban Land Institute and the MacArthur Foundation. It is an online resource [...] Read More
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Monica Foster June 4, 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

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

The Ultimate Truth about Housing Affordability

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May 30, 2019 - General Information
There have been many headlines decrying an “affordability crisis” in the residential real estate market. While it is true that buying a home is less affordable than it had been over the last ten years, we need to understand why [...] Read More
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Monica Foster May 30, 2019

Multigenerational Homes Are on the Rise

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May 29, 2019 - General Information
As loved ones start to get older, we start to wonder: how long will they be able to live alone? Will they need someone there to help them with daily life? There’s a reason to ask those questions now more [...] Read More
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Monica Foster May 29, 2019

2 Things You Need to Know to Properly Price Your Home

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May 28, 2019 - General Information
In today’s housing market, home prices are increasing at a slower pace (3.7%) than they have over the last eight years (6-7%). However, they are still are above historical norms. Low supply of listed homes and high demand from buyers [...] Read More
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Monica Foster May 28, 2019

The Impact Staging Your Home Has On Your Sale Price

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May 24, 2019 - General Information
Some Highlights: The National Association of Realtors surveyed their members & released the findings of their Profile of Home Staging. 62% of seller’s agents say that staging a home decreases the amount of time a home spends on the market. [...] Read More
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Monica Foster May 24, 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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