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Archives

The Truths Young Homebuyers Need To Hear

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July 7, 2021 - General Information
For many young or first-time homebuyers, purchasing a home can feel intimidating. A recent survey shows some homebuyers ages 25 to 40 may be unsure about the homebuying process and what they can afford. It found: “1 in 4 underestimated [...] Read More
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Monica Foster July 7, 2021

Owning a Home Has Distinct Financial Benefits Over Renting

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June 18, 2021 - General Information
Some Highlights When you rent, you build your landlord’s wealth, your monthly payment depends on ever-rising rents, and you don’t benefit from home price appreciation. On the other hand, when you own your home, you build your own wealth, your [...] Read More
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Monica Foster June 18, 2021

Housing Wealth: The Missing Piece of the Affordability Equation

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June 17, 2021 - General Information
The real estate market is soaring today. Residential home values are rising, and that’s a big win for homeowners. In 2020, there was a double-digit increase in home values – a trend that’s expected to head toward similar levels this [...] Read More
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Monica Foster June 17, 2021

Top Reasons To Own Your Home

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June 4, 2021 - General Information
Some Highlights June is National Homeownership Month, and it’s a great time to consider the benefits of owning your own home. If you’re thinking of buying a home, it might just help you find the stability, community, and comfort you’ve been [...] Read More
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Monica Foster June 4, 2021

6 Reasons to Celebrate National Homeownership Month

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June 1, 2021 - General Information
Our homes are so much more than the houses we live in. For many, they’ve also become our workplaces, schools for our children, and safe harbors in which we’ve weathered the toughest moments of a global pandemic. Today, 65.6% of [...] Read More
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Monica Foster June 1, 2021

How Misunderstandings about Affordability Could Cost You

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May 27, 2021 - General Information
There’s a lot of discussion about affordability as home prices continue to appreciate rapidly. Even though the most recent index on affordability from the National Association of Realtors (NAR) shows homes are more affordable today than the historical average, some [...] Read More
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Monica Foster May 27, 2021

Buying a Home Is Still Affordable

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May 26, 2021 - General Information
The last year has put emphasis on the importance of one’s home. As a result, some renters are making the jump into homeownership while some homeowners are re-evaluating their current house and considering a move to one that better fits [...] Read More
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Monica Foster May 26, 2021

Americans Find the Nonfinancial Benefits of Homeownership Most Valuable

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May 3, 2021 - General Information
Homeownership is a foundational part of the American Dream. As we look back on more than a year of sheltering in our homes, having a place of our own is more important than ever. While financial benefits are always a [...] Read More
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Monica Foster May 3, 2021

Home Is Where the Heart Is

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April 16, 2021 - General Information
Some Highlights There’s no doubt about it: homeowners love their homes, and that feeling has become even more important over the past year. The vast majority of homeowners say they’re emotionally attached to their home and that it has kept [...] Read More
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Monica Foster April 16, 2021

93% of Americans Believe a Home Is a Better Investment Than Stocks

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April 14, 2021 - General Information
A recent Survey of Consumer Finances study released by the Federal Reserve reveals the net worth of homeowners is forty times greater than that of renters. If you’re wondering if homeownership is a good investment, the study clearly answers that [...] Read More
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Monica Foster April 14, 2021
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Monica M. Foster

Monica M. Foster
The Monica Foster Team

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