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Archives

Want to Build Wealth? Buy a Home This Year.

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February 2, 2021 - General Information
Every year, households across the country make the decision to rent for another year or take the leap into homeownership. They look at their earnings and savings and then decide what makes the most financial sense. That equation will most [...] Read More
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Monica Foster February 2, 2021

Owning a Home Is Still More Affordable Than Renting One

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January 20, 2021 - General Information
If spending more time at home over the past year is making you really think hard about buying a home instead of renting one, you’re not alone. You may be wondering, however, if the dollars and cents add up in [...] Read More
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Monica Foster January 20, 2021

Should I Wait for Lower Mortgage Interest Rates?

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January 19, 2021 - General Information
Historically low mortgage rates are a big motivator for homebuyers right now. In 2020 alone, rates hit new record-lows 16 times, and the trend continued into the early part of this year. Many hopeful homebuyers are now wondering if they [...] Read More
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Monica Foster January 19, 2021

Will Forbearance Plans Lead to a Tsunami of Foreclosures?

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January 13, 2021 - General Information
At the onset of the economic disruptions caused by the COVID pandemic, the government quickly put into place forbearance plans to allow homeowners to remain in their homes without making their monthly mortgage payments. Today, almost three million households are [...] Read More
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Monica Foster January 13, 2021

What Does 2021 Have in Store for Home Values?

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January 11, 2021 - General Information
According to the latest CoreLogic Home Price Insights Report, nationwide home values increased by 8.2% over the last twelve months. The dramatic rise was brought about as the inventory of homes for sale reached historic lows at the same time [...] Read More
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Monica Foster January 11, 2021

The Importance of Home Equity in Building Wealth

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January 6, 2021 - General Information
Homeownership has always been the first rung on the ladder leading to household wealth. As Freddie Mac recently posted: “Homeownership has cemented its role as part of the American Dream, providing families with a place that is their own and [...] Read More
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Monica Foster January 6, 2021

Why Not to Wait Until Spring to Make a Move

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January 5, 2021 - General Information
The housing market recovery coming into the new year has been nothing short of remarkable. Many experts agree the turnaround from the nation’s economic pause is playing out extremely well for real estate, and the current market conditions are truly [...] Read More
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Monica Foster January 5, 2021

3 Must-Do’s When Selling Your House This Year

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January 4, 2021 - General Information
It’s exciting to put a house on the market and to think about making new memories in new spaces. However, despite the anticipation of what’s to come, we can still have deep sentimental attachments to the home we’re leaving behind. [...] Read More
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Monica Foster January 4, 2021

Four Expert Views on the 2021 Housing Market

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December 31, 2020 - General Information
The housing market was a shining star in 2020, fueling the economic turnaround throughout the country. As we look forward to 2021, can we expect real estate to continue showing such promise? Here’s what four experts have to say about [...] Read More
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Monica Foster December 31, 2020

Why Selling Your House on Your Own in 2021 Is a Mistake

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December 30, 2020 - General Information
There are many benefits to working with a real estate professional when selling your house. During challenging times, like what we face today, it becomes even more important to have an expert you trust to help guide you through the [...] Read More
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Monica Foster December 30, 2020
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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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