For Buyers Archives - Page 48 of 69 - The Monica Foster Team

2 Myths Holding Back Home Buyers

November 18, 2019 - General Information

In a recent article, First American shared how millennials are not really any different from previous generations when it comes to the goal of homeownership; it is still a huge part of their American Dream. The piece, however, also reveals, [...] Read More

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Monica Foster November 18, 2019

The Cost of Renting vs. Buying a Home

November 15, 2019 - General Information

Some Highlights: Historically, the choice between renting and buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (27.7%) vs. the percentage needed to buy a median-priced home (17.5%), [...] Read More

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Monica Foster November 15, 2019

This is Not 2008 All Over Again: The Mortgage Lending Factor

November 14, 2019 - General Information

Some are afraid the real estate market may be looking a lot like it did prior to the housing crash in 2008. One of the factors they’re pointing at is the availability of mortgage money. Recent articles about the availability [...] Read More

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Monica Foster November 14, 2019

Buyer Demand Growing in Every Region

November 13, 2019 - General Information

Buyers are out in full force this fall, increasing the demand for homebuying in all four regions of the country. According to the latest ShowingTime Showing Index, “Home showing activity was up again nationwide with a 4.6 percent rise in [...] Read More

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Monica Foster November 13, 2019

Homeownership Rate Remains on the Rise

November 12, 2019 - General Information

In the third quarter of 2019, the U.S. homeownership rate rose again, signaling another strong indicator of the current housing market. The U.S. Census Bureau announced, “The homeownership rate of 64.8 percent was not statistically different from the rate in [...] Read More

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Monica Foster November 12, 2019

75 Years of VA Home Loan Benefits

November 11, 2019 - General Information

Today, on Veterans Day, we salute those who have served our country in war or peace, and we thank them for their sacrifice. This year marks the 75th anniversary of VA Home Loan Benefit offerings through the Servicemen’s Readjustment Act, [...] Read More

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Monica Foster November 11, 2019

VA Home Loans by the Numbers

November 8, 2019 - General Information

Some Highlights: The Veterans Administration (VA) Home Loan is a benefit that is available to more than 22 million veterans and 2 million active duty service members to help them achieve the dream of homeownership. In 2018, $161 billion was [...] Read More

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Monica Foster November 8, 2019

Millennials: Here’s Why the Process is Well Worth It.

November 6, 2019 - General Information

Millennials have waited longer than any other generation to become homeowners, but the wait for this cohort is just about over. According to National Mortgage News, “Millennials, those young adults now aged 23 to 38, are now entering their peak [...] Read More

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Monica Foster November 6, 2019

Planning on Buying a Home? Be Sure You Know Your Options.

November 5, 2019 - General Information

When you’re ready to buy, you’ll need to determine if you prefer the charm of an existing home or the look and feel of a newer build. With limited existing home inventory available today, especially in the starter and middle-level [...] Read More

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Monica Foster November 5, 2019