Pricing Archives - Page 9 of 22 - The Monica Foster Team

Owning a Home Has Distinct Financial Benefits Over Renting

June 18, 2021 - General Information

Some Highlights When you rent, you build your landlord’s wealth, your monthly payment depends on ever-rising rents, and you don’t benefit from home price appreciation. On the other hand, when you own your home, you build your own wealth, your [...] Read More

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Monica Foster June 18, 2021

Housing Wealth: The Missing Piece of the Affordability Equation

June 17, 2021 - General Information

The real estate market is soaring today. Residential home values are rising, and that’s a big win for homeowners. In 2020, there was a double-digit increase in home values – a trend that’s expected to head toward similar levels this [...] Read More

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Monica Foster June 17, 2021

Have Your Day in the Sun by Moving Up This Summer

June 11, 2021 - General Information

Some Highlights Longer days and sunny weather mean summer is upon us, and what better conditions than right now to upgrade to the home of your dreams? If your needs have changed, it’s a great time to upgrade – there’s [...] Read More

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Monica Foster June 11, 2021

Home Price Appreciation Is as Simple as Supply and Demand

June 9, 2021 - General Information

Home price appreciation continues to accelerate. Today, prices are driven by the simple concept of supply and demand. Pricing of any item is determined by how many items are available compared to how many people want to buy that item. [...] Read More

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Monica Foster June 9, 2021

In Today’s Market, Listing Prices Are Like an Auction’s Reserve Price

June 8, 2021 - General Information

For generations, the process of buying and selling a home never really changed. A homeowner would try to estimate the market value of their house, then tack on a little extra to give themselves some negotiating room. That figure would [...] Read More

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Monica Foster June 8, 2021

Why You May Want To Cash in on Your Second Home

June 7, 2021 - General Information

When stay-at-home mandates were enforced last year, many households realized their homes didn’t really fulfill their new lifestyle needs. An office (in some cases two), a media room, space for children to learn, a gym, and a large yard are [...] Read More

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Monica Foster June 7, 2021

Dreaming of a Bigger Home? Why Not Buy It This Year?

June 3, 2021 - General Information

Are you clamoring for extra rooms or a more functional floorplan in your house? Maybe it’s time to make a move. If you’ll be able to work remotely for the long-term or your overall needs have simply changed, it’s a [...] Read More

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Monica Foster June 3, 2021

6 Reasons to Celebrate National Homeownership Month

June 1, 2021 - General Information

Our homes are so much more than the houses we live in. For many, they’ve also become our workplaces, schools for our children, and safe harbors in which we’ve weathered the toughest moments of a global pandemic. Today, 65.6% of [...] Read More

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Monica Foster June 1, 2021

How Misunderstandings about Affordability Could Cost You

May 27, 2021 - General Information

There’s a lot of discussion about affordability as home prices continue to appreciate rapidly. Even though the most recent index on affordability from the National Association of Realtors (NAR) shows homes are more affordable today than the historical average, some [...] Read More

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Monica Foster May 27, 2021

Buying a Home Is Still Affordable

May 26, 2021 - General Information

The last year has put emphasis on the importance of one’s home. As a result, some renters are making the jump into homeownership while some homeowners are re-evaluating their current house and considering a move to one that better fits [...] Read More

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Monica Foster May 26, 2021

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