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Archives

Why Now Is a Great Time To Sell Your House

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November 29, 2021 - General Information
As we near the end of the year, more homeowners are realizing the benefits of today’s sellers’ market. Record-breaking home price appreciation, growing equity, low inventory, and competitive mortgage rates are motivating homeowners to make a move that addresses their [...] Read More
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Monica Foster November 29, 2021

How Smart Buyers Are Approaching Rising Mortgage Rates

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November 24, 2021 - General Information
Last week, the average 30-year fixed mortgage rate from Freddie Mac inched up to 3.1%, and experts project rates will continue rising through 2022: “The 30-year fixed-rate mortgage was 2.9% in the third quarter of 2021. We forecast mortgage rates [...] Read More
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Monica Foster November 24, 2021

4 Ways Homeowners Can Use Their Equity

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November 22, 2021 - General Information
Your equity is a powerful tool that can help you achieve your goals as a homeowner. And chances are, your equity grew substantially over the past year. According to the latest Equity Insights Report from CoreLogic, homeowners gained an average [...] Read More
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Monica Foster November 22, 2021

Your Journey to Homeownership

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November 19, 2021 - General Information
Some Highlights When it comes to buying a home, there are a number of key milestones along the way. The process includes everything from building your team and understanding your finances to going house hunting, making an offer, and more. [...] Read More
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Monica Foster November 19, 2021

Two Graphs That Show Why You Shouldn’t Be Upset About 3% Mortgage Rates

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November 8, 2021 - General Information
With the average 30-year fixed mortgage rate from Freddie Mac climbing above 3%, rising rates are one of the topics dominating the discussion in the housing market today. And since experts project rates will rise further in the coming months, [...] Read More
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Monica Foster November 8, 2021

Experts Project Mortgage Rates Will Continue To Rise in 2022

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November 3, 2021 - General Information
Mortgage rates are one of several factors that impact how much you can afford if you’re buying a home. When rates are low, they help you get more house for your money. Within the last year, mortgage rates have hit [...] Read More
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Monica Foster November 3, 2021

Sellers Have Incredible Leverage in Today’s Market

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November 2, 2021 - General Information
With mortgage rates climbing above 3% for the first time in months, serious buyers are more motivated than ever to find a home before the end of the year. Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), puts [...] Read More
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Monica Foster November 2, 2021

The Mortgage Process Doesn’t Have To Be Scary

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October 29, 2021 - General Information
Some Highlights Applying for a mortgage is a big step towards homeownership, but it doesn’t need to be one you fear. Here are some tips to help you prepare. Know your credit score and work to build strong credit. When [...] Read More
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Monica Foster October 29, 2021

Housing Challenge or Housing Opportunity? It Depends.

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October 28, 2021 - General Information
The biggest challenge in real estate today is the lack of available homes for sale. The low housing supply has caused homes throughout the country to appreciate at a much faster rate than what we’ve experienced historically. There are many [...] Read More
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Monica Foster October 28, 2021

There Are More Homes Available Now than There Were This Spring

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October 26, 2021 - General Information
There’s a lot of talk lately about how challenging it can be to find a home to buy. While housing inventory is still low, there are a few important things to understand about the supply of homes for sale as [...] Read More
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Monica Foster October 26, 2021
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Monica M. Foster

Monica M. Foster
The Monica Foster Team

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Galveston – Pearland – Sugarland
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