For Buyers Archives - Page 23 of 69 - The Monica Foster Team

How to Make a Winning Offer on a Home

March 15, 2021 - General Information

Today’s homebuyers are faced with a strong sellers’ market, which means there are a lot of active buyers competing for a relatively low number of available homes. As a result, it’s essential to understand how to make a confident and [...] Read More

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Monica Foster March 15, 2021

How to Be a Competitive Buyer in Today’s Housing Market

March 12, 2021 - General Information

Some Highlights With so few houses for sale today, it’s important to be prepared when you’re ready to buy a home. Meeting with your lender early, knowing your must-haves and nice-to-haves, preparing for a bidding war, and keeping your emotions [...] Read More

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Monica Foster March 12, 2021

Will the Housing Market Bloom This Spring?

March 11, 2021 - General Information

Spring is almost here, and many are wondering what it will bring for the housing market. Even though the pandemic continues on, it’s certain to be very different from the spring we experienced at this time last year. Here’s what [...] Read More

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Monica Foster March 11, 2021

6 Simple Graphs Proving This Is Nothing Like Last Time

March 10, 2021 - General Information

Last March, many involved in the residential housing industry feared the market would be crushed under the pressure of a once-in-a-lifetime pandemic. Instead, real estate had one of its best years ever. Home sales and prices were both up substantially [...] Read More

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Monica Foster March 10, 2021

How Upset Should You Be about 3% Mortgage Rates?

March 9, 2021 - General Information

Last Thursday, Freddie Mac announced that their 30-year fixed mortgage rate was over 3% (3.02%) for the first time since last July. That news dominated real estate headlines that day and the next. Articles talked about the “negative impact” it [...] Read More

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Monica Foster March 9, 2021

How Smart Is It to Buy a Home Today?

March 3, 2021 - General Information

Whether you’re buying your first home or selling your current house, if your needs are changing and you think you need to move, the decision can be complicated. You may have to take personal or professional considerations into account, and [...] Read More

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Monica Foster March 3, 2021

What Are the Benefits of a 20% Down Payment?

March 1, 2021 - General Information

If you’re thinking of buying a home this year, you may be wondering how much money you need to come up with for your down payment. Many people may think it’s 20% of the loan to secure a mortgage. While [...] Read More

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Monica Foster March 1, 2021

Are There Going to Be More Homes to Buy This Year?

February 25, 2021 - General Information

If you’re looking for a home to purchase right now and having trouble finding one, you’re not alone. At a time like this when there are so few houses for sale, it’s normal to wonder if you’ll actually find one [...] Read More

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Monica Foster February 25, 2021

The Reason Mortgage Rates Are Projected to Increase and What It Means for You

February 23, 2021 - General Information

We’re currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that rate is 2.81%. Flocks of homebuyers have been taking advantage of these remarkably low [...] Read More

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Monica Foster February 23, 2021

Where Have All the Houses Gone?

February 22, 2021 - General Information

In today’s housing market, it seems harder than ever to find a home to buy. Before the health crisis hit us a year ago, there was already a shortage of homes for sale. When many homeowners delayed their plans to [...] Read More

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Monica Foster February 22, 2021

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