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Archives

5 Simple Graphs Proving This Is NOT Like the Last Time

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March 16, 2020 - General Information
With all of the volatility in the stock market and uncertainty about the Coronavirus (COVID-19), some are concerned we may be headed for another housing crash like the one we experienced from 2006-2008. The feeling is understandable. Ali Wolf, Director [...] Read More
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Monica Foster March 16, 2020

Yes, You Can Still Afford a Home

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March 12, 2020 - General Information
The residential real estate market has come roaring out of the gates in 2020. Compared to this time last year, the number of buyers looking for a home is up 20%, and the number of home sales is up almost [...] Read More
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Monica Foster March 12, 2020

Equity Gain Growing in Nearly Every State

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March 10, 2020 - General Information
Rising home prices have been in the news a lot lately, and much of the focus is on whether they’re accelerating too quickly and how sustainable the growth in prices really is. One of the often-overlooked benefits of rising prices, [...] Read More
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Monica Foster March 10, 2020

Real Estate Is Soaring, But Not Like 2008

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March 4, 2020 - General Information
Unlike last year, the residential real estate market kicked off 2020 with a bang! In their latest Monthly Mortgage Monitor, Black Knight proclaimed: “The housing market is heating entering 2020 and recent rate declines could continue that trend, a sharp [...] Read More
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Monica Foster March 4, 2020

How Much “Housing Wealth” Can You Build in a Decade?

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February 27, 2020 - General Information
Earlier this month, the National Association of Realtors (NAR) released a special study titled Single-Family Home Price Gains by Years of Tenure. The study estimates median home price appreciation over the last 30 years based on the length of homeownership. [...] Read More
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Monica Foster February 27, 2020

Entry-Level Homeowners Are in the Driver’s Seat

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February 25, 2020 - General Information
One thing helping homeowners right now is price appreciation, especially in the entry-level market. In the latest Home Price Insights report, CoreLogic reveals how home prices increased by 4% year-over-year and projects prices will rise 5.2% by December 2020. Why [...] Read More
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Monica Foster February 25, 2020

The #1 Misconception in the Homebuying Process

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February 20, 2020 - General Information
After over a year of moderating home prices, it appears home value appreciation is about to reaccelerate. Skylar Olsen, Director of Economic Research at Zillow, explained in a recent article:  “A year ago, a combination of a government shutdown, stock [...] Read More
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Monica Foster February 20, 2020

How Pricing Your Home Right Makes a Big Difference

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February 10, 2020 - General Information
Even though there’s a big buyer demand for homes in today’s low inventory market, it doesn’t mean you should price your home as high as the sky when you’re ready to sell. Here’s why making sure you price it right [...] Read More
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Monica Foster February 10, 2020

Where Homebuyers Are Heading By Generation

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January 17, 2020 - General Information
Some Highlights: Whether capitalizing on job opportunities, affordability, or warm-weather places to retire, Americans are making moves to these top cities to take advantage of the strength in the current housing market. A strong economy and lower mortgage rates have [...] Read More
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Monica Foster January 17, 2020

Homes Are More Affordable Today, Not Less Affordable

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January 15, 2020 - General Information
There’s a current narrative that owning a home today is less affordable than it has been in the past. The reason some are making this claim is because house prices have substantially increased over the last several years. It’s not, [...] Read More
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Monica Foster January 15, 2020
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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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