Rent vs. Buy Archives - Page 4 of 9 - The Monica Foster Team

Homeownership Is Full of Financial Benefits

April 8, 2021 - General Information

A Fannie Mae survey recently revealed some of the most highly-rated benefits of homeownership, which continue to be key drivers in today’s power-packed housing market. Here are the top four financial benefits of owning a home according to consumer respondents: [...] Read More

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Monica Foster April 8, 2021

3 Ways Home Equity Can Have a Major Impact on Your Life

February 17, 2021 - General Information

There have been a lot of headlines reporting on how homeowner equity (the difference between the current market value of your home and the amount you owe on your mortgage) has dramatically increased over the past few years. CoreLogic indicated [...] Read More

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Monica Foster February 17, 2021

6 Foundational Benefits of Homeownership Today

February 8, 2021 - General Information

Over the past year, our homes have become an integral part of our lives more than ever. They’re much more than the houses we live in. They’re our workplaces, virtual schools, and safe havens that provide shelter, stability, and protection [...] Read More

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Monica Foster February 8, 2021

Why Owning a Home Is a Powerful Financial Decision

February 4, 2021 - General Information

In today’s housing market, there are clear financial benefits to owning a home: increasing equity, the chance to build your net worth, and appreciating home values, just to name a few. If you’re a renter, it’s never too early to [...] Read More

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Monica Foster February 4, 2021

Owning a Home Is Still More Affordable Than Renting One

January 20, 2021 - General Information

If spending more time at home over the past year is making you really think hard about buying a home instead of renting one, you’re not alone. You may be wondering, however, if the dollars and cents add up in [...] Read More

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Monica Foster January 20, 2021

How to Make the Dream of Homeownership a Reality This Year

January 18, 2021 - General Information

In 1963, Martin Luther King, Jr. inspired a powerful movement with his famous “I Have a Dream” speech. Through his passion and determination, he sparked interest, ambition, and courage in his audience. Today, reflecting on his message encourages many of [...] Read More

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Monica Foster January 18, 2021

The Importance of Home Equity in Building Wealth

January 6, 2021 - General Information

Homeownership has always been the first rung on the ladder leading to household wealth. As Freddie Mac recently posted: “Homeownership has cemented its role as part of the American Dream, providing families with a place that is their own and [...] Read More

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Monica Foster January 6, 2021

Turning a House into a Happy Home

December 24, 2020 - General Information

We talk a lot about why it makes financial sense to buy a home, but more often than not, we’re drawn to the emotional reasons for homeownership. No matter the living space, the feeling of a home means different things to different [...] Read More

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Monica Foster December 24, 2020

The Difference a Year Makes for Homeownership

December 22, 2020 - General Information

Over the past year, mortgage rates have fallen more than a full percentage point, hitting a new historic low 15 times. This is a great driver for homeownership, as today’s low rates provide consumers with some significant benefits. Here’s a [...] Read More

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Monica Foster December 22, 2020

Homeownership Is a Key to Building Wealth

November 10, 2020 - General Information

For years, real estate has been considered the best investment you can make. A major reason for this is due to the net worth a household gains through homeownership. In fact, according to the 2019 Survey of Consumer Finance Data [...] Read More

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Monica Foster November 10, 2020

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