Pricing Archives - Page 6 of 22 - The Monica Foster Team

Your Agent Is Key When Pricing Your House

September 3, 2021 - General Information

Some Highlights Pricing your house right takes market experience and expertise. To find the best list price, your agent balances current market demand, values of homes in your neighborhood, where prices are headed, and your home’s condition. If you’re ready [...] Read More

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Monica Foster September 3, 2021

5 Reasons Today’s Housing Market Is Anything but Normal

September 2, 2021 - General Information

There are many headlines out there that claim we’re reverting to a more normal real estate market. That would indicate the housing market is returning to the pre-pandemic numbers we saw from 2015-2019. But that’s not happening. The market is [...] Read More

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Monica Foster September 2, 2021

What Buyers and Sellers Need To Know About the Appraisal Gap

August 31, 2021 - General Information

It’s economy 101 – when supply is low and demand is high, prices naturally rise. That’s what’s happening in today’s housing market. Home prices are appreciating at near-historic rates, and that’s creating some challenges when it comes to home appraisals. [...] Read More

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Monica Foster August 31, 2021

If Housing Affordability Is About the Money, Don’t Forget This.

August 26, 2021 - General Information

There are many non-financial benefits of buying your own home. However, today’s headlines seem to be focusing primarily on the financial aspects of homeownership – specifically affordability. Many articles are making the claim that it’s not affordable to buy a [...] Read More

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Monica Foster August 26, 2021

Real Estate: It’s Still a Lack of Supply, Not a Lack of Demand

August 18, 2021 - General Information

One of the major questions real estate experts are asking today is whether prospective homebuyers still believe purchasing a home makes sense. Some claim rapidly rising home prices are impacting demand and, by extension, leading to the recent slowdown in [...] Read More

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Monica Foster August 18, 2021

A Look at Home Price Appreciation and What It Means for Sellers

August 16, 2021 - General Information

When you hear the phrase home price appreciation, what does it mean to you? Through context clues alone, chances are you know it has to do with rising home prices. And as a seller, you know rising home prices are [...] Read More

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Monica Foster August 16, 2021

Sellers Are in a Sweet Spot

August 13, 2021 - General Information

Some Highlights In today’s sellers’ market, you’re set up to win big when you list your house. That’s because homes are selling fast, receiving 4.4 offers on average and often selling above the asking price. Then, when you buy your [...] Read More

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Monica Foster August 13, 2021

The Best Use of Time (and Money) When It Comes to Renovations

August 12, 2021 - General Information

In the current sellers’ market, many homeowners wonder what, if anything, needs to be remodeled before they list their house. That’s where a trusted real estate professional comes in. They can help you think through today’s market conditions and how [...] Read More

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Monica Foster August 12, 2021

Are Houses Less Affordable Than They Were in Past Decades?

August 11, 2021 - General Information

There are many headlines about how housing affordability is declining. The headlines are correct: it’s less affordable to purchase a home today than it was a year ago. However, it’s important to give this trend context. Is it less expensive [...] Read More

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Monica Foster August 11, 2021

Looking for a Place To Call Home? Consider a Condominium.

August 10, 2021 - General Information

It’s no secret that one of the top stories in today’s real estate market is low housing supply and high buyer demand. If you’re a first-time buyer looking for a starter home or are someone who’s interested in downsizing, it [...] Read More

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Monica Foster August 10, 2021

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