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Archives

Owning a Home Is Still More Affordable Than Renting One

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

How to Make the Dream of Homeownership a Reality This Year

January 18, 2021 - General Information
In 1963, Martin Luther King, Jr. inspired a powerful movement with his famous “I Have a Dream” speech. Through his passion and determination, he sparked interest, ambition, and courage in his audience. Today, reflecting on his message encourages many of [...] Read More
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Monica Foster January 18, 2021

The Importance of Home Equity in Building Wealth

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

Turning a House into a Happy Home

December 24, 2020 - General Information
We talk a lot about why it makes financial sense to buy a home, but more often than not, we’re drawn to the emotional reasons for homeownership. No matter the living space, the feeling of a home means different things to different [...] Read More
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Monica Foster December 24, 2020

The Difference a Year Makes for Homeownership

December 22, 2020 - General Information
Over the past year, mortgage rates have fallen more than a full percentage point, hitting a new historic low 15 times. This is a great driver for homeownership, as today’s low rates provide consumers with some significant benefits. Here’s a [...] Read More
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Monica Foster December 22, 2020

Homeownership Is a Key to Building Wealth

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

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

A Homeowner’s Net Worth Is 40x Greater Than a Renter’s

October 7, 2020 - General Information
One of the best ways to build your family’s financial future is through homeownership. Recent data from the Federal Reserve indicates the net worth of a homeowner is actually over 40 times greater than that of a renter. Maybe it’s [...] Read More
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Monica Foster October 7, 2020

The Cost of Renting Vs. Buying a Home

August 28, 2020 - General Information
Some Highlights The percentage of income needed to afford a median-priced home today is declining, while that for renting is on the rise. This is making buying a home an increasingly attractive option for many people, especially with low mortgage [...] Read More
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Monica Foster August 28, 2020

How Is Remote Work Changing Homebuyer Needs?

August 6, 2020 - General Information
With more companies figuring out how to efficiently and effectively enable their employees to work remotely (and for longer than most of us initially expected), homeowners throughout the country are re-evaluating their needs. Do I still need to live close [...] Read More
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Monica Foster August 6, 2020
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Recent Posts

  • Fantastic 3BD 2BA Home with Pool For Sale in League City
  • Financial Fundamentals for Homebuyers [INFOGRAPHIC]
  • What Experts Are Saying about the 2021 Job Market
  • Owning a Home Is Still More Affordable Than Renting One
  • Should I Wait for Lower Mortgage Interest Rates?

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Monica M. Foster

Monica M. Foster
The Monica Foster Team

Houston – Clear Lake – Seabrook
League City – Friendswood
Pearland – Galveston

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