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Archives

Homeownership Is a Key to Building Wealth

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November 10, 2020 - General Information
For years, real estate has been considered the best investment you can make. A major reason for this is due to the net worth a household gains through homeownership. In fact, according to the 2019 Survey of Consumer Finance Data [...] Read More
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Monica Foster November 10, 2020

Rent vs. Buy: How to Decide What’s Best for You

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November 3, 2020 - General Information
According to the U.S. Census Bureau, median rent continues to rise. With today’s low mortgage rates, there’s great opportunity for current renters to make a move into homeownership that stretches each dollar a little bit further. While the best timeline [...] Read More
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Monica Foster November 3, 2020

Home Values Projected to Keep Rising

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October 30, 2020 - General Information
As we enter the final months of 2020 and continue to work through the challenges this year has brought, some of us wonder what impact continued economic uncertainty could have on home prices. Looking at the big picture, the rules [...] Read More
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Monica Foster October 30, 2020

Two Important Impacts of Home Equity

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October 30, 2020 - General Information
Equity continues to rise, helping American homeowners secure a much more stable financial future. According to the most recent data from CoreLogic, the average homeowner gained $9,800 in equity over the past year. In addition, experts project 2020 home prices [...] Read More
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Monica Foster

Three Ways Low Inventory Is a Win for Sellers

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October 30, 2020 - General Information
The number of houses for sale today is significantly lower than the high buyer activity in the current housing market. According to Lawrence Yun, Chief Economist for the National Association of Realtors (NAR): “There is no shortage of hopeful, potential [...] Read More
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Monica Foster

Should I Renovate My House Before I Sell It?

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October 30, 2020 - General Information
Some Highlights In today’s hyper-competitive market, buyers are often willing to overlook cosmetic or minor repair needs if it means snagging a home in their price range. With so few houses available for sale today, you may be able to [...] Read More
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Monica Foster

The #1 Reason Not to Wait to List Your House for Sale

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October 14, 2020 - General Information
Many industries have been devastated by the economic shutdown caused by the COVID-19 virus. Real estate is not one of them. Mark Fleming, Chief Economist for First American, just reported: “Since hitting a low point during the initial stages of [...] Read More
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Monica Foster October 14, 2020

Do You Have Enough Money Saved for a Down Payment?

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October 13, 2020 - General Information
One of the biggest misconceptions for first-time homebuyers is how much you’ll need to save for a down payment. Contrary to popular belief, you don’t always have to put 20% down to buy a house. Here’s how it breaks down. [...] Read More
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Monica Foster October 13, 2020

6 Reasons You’ll Win by Selling with a Real Estate Agent This Fall

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October 12, 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 October 12, 2020

Why Pricing Your House Right Is Essential

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October 5, 2020 - General Information
In today’s real estate market, setting the right price for your house is one of the most valuable things you can do. According to the U.S. Economic Outlook by the National Association of Realtors (NAR), existing home prices nationwide are [...] Read More
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Monica Foster October 5, 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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