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Archives

How to Get a Better Perspective on Affordability

Posted by Monica Foster On February 7, 2019 In General Information
Headlines spotlight the fact that buying a home is less affordable today than it was at any other time in more than a decade. Those headlines are accurate. Understandably, buying a home is more expensive now than immediately following one [...] Read More
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Monica Foster February 7, 2019

Do You Know How Much Your Home Has Increased in Value?

Posted by Monica Foster On January 31, 2019 In General Information
Last year we saw headlines about a possible housing market bubble, and many wondered if Americans still felt confident about the value of their homes. Recently, the 2018 Houzz & Home Study revealed: “Homeowners with mortgages have seen their home [...] Read More
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Monica Foster January 31, 2019

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Posted by Monica Foster On January 18, 2019 In General Information
Some Highlights: The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac predicts interest rates to [...] Read More
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Monica Foster January 18, 2019

Last Chance! Homes are a Bargain Compared to Historic Norms

Posted by Monica Foster On January 17, 2019 In General Information
A loaf of bread used to be a nickel. A movie ticket was a dime.  Not anymore. Houses were also much less expensive than they are now. Inflation raised the price of all three of those items, along with the [...] Read More
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Monica Foster January 17, 2019

Selling Your Home? Make Sure the Price is Right!

Posted by Monica Foster On January 16, 2019 In General Information
If you’ve ever watched “The Price is Right,” you know that the only way to win is to be the one to correctly guess the price of the item you want without going over! That means your guess must be [...] Read More
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Monica Foster January 16, 2019

Want to Get the Most Money from The Sale of Your Home? Use These 2 Tips!

Posted by Monica Foster On January 7, 2019 In General Information
Every homeowner wants to make sure they maximize their financial reward when selling their home. But how do you guarantee that you receive the maximum value for your house? Here are two keys to ensure that you get the highest [...] Read More
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Monica Foster January 7, 2019

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Posted by Monica Foster On December 28, 2018 In General Information
Some Highlights: ­Interest rates are projected to increase steadily throughout 2019, but buyers will still be able to lock in a rate lower than their parents or grandparents did when they bought their homes! Home prices will rise at a [...] Read More
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Monica Foster December 28, 2018

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Posted by Monica Foster On November 30, 2018 In General Information
Some Highlights: The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report. In the report, home prices are compared both regionally and by state. Based on the latest numbers, if you plan on relocating to another state, waiting to [...] Read More
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Monica Foster November 30, 2018

Why Has Housing Supply Increased as Sales Have Slowed Down?

Posted by Monica Foster On November 7, 2018 In General Information
According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), the inventory of homes for sale this year compared to last year has increased for the last four months, all while sales of existing homes [...] Read More
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Monica Foster November 7, 2018

Where are Home Values Headed over the Next Few Years?

Posted by Monica Foster On October 25, 2018 In General Information
There are many questions about where home prices will be next year as well as where they may be headed over the next several years to come. We have gathered the most reliable sources to help answer these questions: The [...] Read More
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Monica Foster October 25, 2018
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Monica M. Foster

Monica M. Foster
The Monica Foster Team

Houston – Clear Lake – Seabrook
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Pearland – Galveston

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