Pricing Archives - The Monica Foster Team

History Proves Recession Doesn’t Equal a Housing Crisis

June 3, 2022 - General Information

Some Highlights It’s important to understand history proves an economic slowdown does not equal a housing crisis. In 4 of the last 6 recessions, home prices actually appreciated. Home prices only fell twice – minimally in the early 90s and [...] Read More

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Monica Foster June 3, 2022

Sellers Have an Opportunity with Today’s Home Prices

May 24, 2022 - General Information

As mortgage rates started to rise this year, many homeowners began to wonder if the value of their homes would fall. Here’s the good news. Historically, when mortgage rates rise by a percentage point or more, home values continue to [...] Read More

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Monica Foster May 24, 2022

Will Home Prices Fall This Year? Here’s What Experts Say.

May 10, 2022 - General Information

Many people are wondering: will home prices fall this year? Whether you’re a potential homebuyer, seller, or both, the answer to this question matters for you. Let’s break down what’s happening with home prices, where experts say they’re headed, and how [...] Read More

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Monica Foster May 10, 2022

How Today’s Mortgage Rates Impact Your Home Purchase

May 9, 2022 - General Information

If you’re planning to buy a home, it’s critical to understand the relationship between mortgage rates and your purchasing power. Purchasing power is the amount of home you can afford to buy that’s within your financial reach. Mortgage rates directly [...] Read More

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Monica Foster May 9, 2022

2022 Housing Market Forecast

May 6, 2022 - General Information

Some Highlights What does the rest of the year hold for the housing market? Here’s what experts have to say about what lies ahead. Home prices are projected to rise and so are mortgage rates. Experts are also forecasting another [...] Read More

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Monica Foster May 6, 2022

Things That Could Help You Win a Bidding War on a Home

May 3, 2022 - General Information

With a limited number of homes for sale today and so many buyers looking to make a purchase before mortgage rates rise further, bidding wars are common. According to the latest report from the National Association of Realtors (NAR), nationwide, [...] Read More

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Monica Foster May 3, 2022

Today’s Home Price Appreciation Is Great News for Existing Homeowners

May 2, 2022 - General Information

If you’re planning to sell your home this season, rising prices are great news for you. But it’s important to understand why prices are rising to begin with. One major factor is supply and demand. In any industry, when there [...] Read More

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Monica Foster May 2, 2022

What You Need To Know About Selling in a Sellers’ Market

April 28, 2022 - General Information

Even if you haven’t been following real estate news, you’ve likely heard about the current sellers’ market. That’s because there’s a lot of talk about how strong market conditions are for people who want to sell their houses. But if [...] Read More

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Monica Foster April 28, 2022

How Homeownership Can Help Shield You from Inflation

April 26, 2022 - General Information

If you’re following along with the news today, you’ve likely heard about rising inflation. You’re also likely feeling the impact in your day-to-day life as prices go up for gas, groceries, and more. These rising consumer costs can put a [...] Read More

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Monica Foster April 26, 2022

Why This Housing Market Is Not a Bubble Ready To Pop

April 21, 2022 - General Information

Homeownership has become a major element in achieving the American Dream. A recent report from the National Association of Realtors (NAR) finds that over 86% of buyers agree homeownership is still the American Dream. Prior to the 1950s, less than [...] Read More

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Monica Foster April 21, 2022

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