for sellers Archives - Page 51 of 57 - The Monica Foster Team

Your Fabulous New Dream Home is Now Available

May 2, 2019 - General Information

Over the last several years, many “baby boomers” have undergone a metamorphosis. Their children have finally moved out and they can now dream about their own future. For many, a change in lifestyle might necessitate a change in the type [...] Read More

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Monica Foster May 2, 2019

2 Trends Helping Keep Housing Affordable

May 1, 2019 - General Information

Two positive trends have started to emerge that impact the 2019 Spring Housing Market. Mortgage interest rates for a 30-year fixed rate loan have dropped to new lows, right as reports show that wages have increased at their highest rate [...] Read More

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Monica Foster May 1, 2019

What Would Make You Sell Your House?

April 30, 2019 - General Information

There are many reasons why a homeowner decides to sell their house and move. The latest Generational Trends Report from the National Association of Realtors asked recent home sellers to share their reason for moving. The younger the respondents, the [...] Read More

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Monica Foster April 30, 2019

How Quickly Can You Save Your Down Payment?

April 29, 2019 - General Information

Saving for a down payment is often the biggest hurdle for a first-time homebuyer. Depending on where you live, median income, median rents, and home prices all vary. So, we set out to find out how long it would take [...] Read More

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Monica Foster April 29, 2019

Existing Home Sales Slow to Start Spring

April 26, 2019 - General Information

Some Highlights: Existing Home Sales slowed to an annual pace of 5.21 million home sales in March. Low inventory levels are still impacting home sales! The current month’s supply of homes for sale is 3.9-months. Median home prices were up [...] Read More

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Monica Foster April 26, 2019

Renters Paying Substantially More While Owning Costs Less

April 25, 2019 - General Information

In a recent Insights Blog, CoreLogic reported that rent prices have skyrocketed since 2005. Meanwhile, the typical mortgage payment has actually decreased. “CoreLogic’s national rent index was up 36% in December 2018 compared with December 2005, while the typical mortgage [...] Read More

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Monica Foster April 25, 2019

New Study Reveals One Surprising Reason for the Inventory Shortage

April 24, 2019 - General Information

There has been a great amount written on millennials and their impact on the housing market. However, the headlines often contradict each other. Some claim this generation is becoming the largest share of first-time home buyers, while others claim millennials [...] Read More

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Monica Foster April 24, 2019

With Inventory Low: Will Your Dream Home Need Some TLC?

April 23, 2019 - General Information

According to a new survey from Move.com, the wave of first-time homebuyers hitting the market this summer has resulted in an interesting statistic. Nearly 60% of buyers searching for a home this spring are willing to consider buying a fixer-upper, [...] Read More

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Monica Foster April 23, 2019

Selling Your House: Here’s Why You Need A Pro In Your Corner!

April 22, 2019 - General Information

With home prices on the rise and buyer demand still strong, some sellers may be tempted to try to sell their homes on their own rather than using the services of a real estate professional. Real estate agents are trained [...] Read More

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Monica Foster April 22, 2019

5 Reasons Why Millennials Buy a Home

April 19, 2019 - General Information

Some Highlights: “The majority of millennials said they consider owning a home more sensible than renting for both financial and lifestyle reasons — including control of living space, flexibility in future decisions, privacy and security, and living in a nice [...] Read More

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Monica Foster April 19, 2019

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