Irene Borz, Broker

Your kitchen is one of the important rooms in your house - make sure you're buying the right appliances to complement it! Irene Borz, Your Trusted Real Estate Broker DRE #01228057 408-599-7007 ... Pre-Sale Repairs with Deferred Payment: Repair Now. Sell for more. Pay after Sale! See more

Will Low Mortgage Rates Continue through 2021? With mortgage interest rates hitting record lows so many times recently, some are wondering if we’ll see low rates continue throughout 2021, or if they’ll start to rise. Recently, Freddie Mac released their quarterly forecast, noting: The average 30-year fixed-rate mortgage hit a record low over a dozen times in 2020 and the low interest rate environment is projected to continue through this year. We expect interest rates to ave...rage below 3% through the end of 2021. While this is a modest rise from 2020 averages, the recent vote by the Federal Reserve to keep interest rates anchored near zero should keep rates low. As shown in the graph below, Freddie Mac is projecting low rates going forward with a modest rise that’s expected to continue through 2022.Will Low Mortgage Rates Continue through 2021? | Freddie Mac isn’t the only authority forecasting low rates with a slight rise. Fannie Mae, The Mortgage Bankers Association (MBA), and the National Association of Realtors (NAR) also anticipate low rates with a small increase as 2021 continues on. Here’s the quarterly breakdown of their projections and how they’re expected to play out over the next year:Will Low Mortgage Rates Continue through 2021? | It’s important to note that, while a small change in interest rates can have a substantial impact on monthly mortgage payments, these rates are still incredibly low compared to where they were just a couple of years ago. What does this mean for buyers? Low mortgage rates are creating an outstanding opportunity for current homebuyers to get more for their money while staying within their budget. As the economy gets stronger and we recover from the challenges of 2020, it’s natural for rates to potentially rise in response to a healthier economy. Mark Fleming, Chief Economist at First American, reminds us: Rising interest rates reduce house-buying power and affordability, but are often a sign of a strong economy, which increases home buyer demand. By any historic standard, today’s mortgage rates remain historically low and will continue to boost house-buying power and keep purchase demand robust. Bottom Line If you’re ready to buy a home, it may be wise to make your move before mortgage rates begin to rise. Let’s connect to discuss how today’s low rates can create more opportunities for you this year. Irene Borz,Broker 1 Team Realtors DRE #01228057 408-603-6189 direct/text 408-599-7007 24/7 live secretary www.realestatewithireneborz.com Selling Homes since 1997

Thinking about selling your home? Get a professional estimate of your home's worth. Irene Borz, Your Trusted Real Estate Broker DRE #01228057 408-599-7007 ... Pre-Sale Repairs with Deferred Payment: Repair Now. Sell for more. Pay after Sale! See more

Homeowners Today Have Tremendous Equity You may have more home equity today than you realize. Let's connect to plan how you can leverage that equity in your next move.

Work with an agent you can trust to get the job done. Let's talk today! Irene Borz, Your Trusted Real Estate Broker DRE #01228057 Designer Curated Pre-Sale Repairs with Deferred Payment:... Repair Now. Sell for more. Pay after Sale! 408-603-6189 See more

If you're thinking about selling your home, finding out its worth is the place to start! Get a free estimate now! Irene Borz, Your Trusted Real Estate Broker DRE #01228057 Designer Curated Pre-Sale Repairs with Deferred Payment:... Repair Now. Sell for more. Pay after Sale! 408-603-6189 See more

Which part of this room is more interesting, the chandelier or the fireplace? The wood floors and high ceilings are great contributors to the room as well. Irene Borz, Your Trusted Real Estate Broker DRE #01228057 408-599-7007 ... Pre-Sale Repairs with Deferred Payment: Repair Now. Sell for more. Pay after Sale! See more

Check out this latest blog: How to bring your dream home closer to reality in the coming months and years. Irene Borz, Your Trusted Real Estate Broker DRE #01228057 Designer Curated Pre-Sale Repairs with Deferred Payment:... Repair Now. Sell for more. Pay after Sale! 408-603-6189 See more

Time for a little blast from the past! Irene Borz, Your Trusted Real Estate Broker DRE #01228057 408-599-7007 ... Pre-Sale Repairs with Deferred Payment: Repair Now. Sell for more. Pay after Sale! See more

I'm your community expert! If you're thinking about making a move, let's talk! Irene Borz, Your Trusted Real Estate Broker DRE #01228057 Designer Curated Pre-Sale Repairs with Deferred Payment:... Repair Now. Sell for more. Pay after Sale! 408-603-6189 See more

Which books are occupying your time these days? Irene Borz, Your Trusted Real Estate Broker DRE #01228057 408-603-6189... Selling Homes since 1997 See more

Making a Home for the Brave Possible VA Home Loans provide unique opportunities for Veterans, active-duty personnel, and their families in recognition of their service to our Nation. For eligible individuals, options associated with VA Loans can help make the dream of homeownership a reality. If you or someone you know may benefit from a VA Loan, let’s connect to answer your questions today.

Take a look at this new listing in SAN JOSE! Click below for more information and tag anyone who might be interested! Text us to schedule a preview: 408-772-1720! Irene Borz, Your Trusted Real Estate Broker DRE #01228057 408-603-6189... Selling Homes since 1997 See more

When it comes to selling your home, first impressions are a huge deal. Learn some quick staging tips from this video and let's talk about how else we can get the best price for your home! Irene Borz, Your Trusted Real Estate Broker DRE #01228057 408-603-6189... Selling Homes since 1997 See more

Rent vs. Buy: How to Decide What’s Best for You According to the U.S. Census Bureau, median rent continues to rise. With today’s low mortgage rates, there’s great opportunity for current renters to make a move into homeownership that stretches each dollar a little bit further. While the best timeline to buy a home is different for everyone, the question remains: Should I continue renting or is it time for me to buy? The answer depends on your current situation and your future...Continue reading

New Listing Take a look at this great new listing that just hit the market. Reach out here or at (408) 603-6189 for more information!! Irene Borz, Your Trusted Real Estate Broker DRE #01228057 408-603-6189... Selling Homes since 1997 See more

How to Price Your Home As a seller, you might be thinking about pricing your house on the high end while so many of today's buyers are searching harder than ever just to find a home to purchase. You're thinking, higher price, greater profit, right? But here's the thing a high price tag does not mean you're going to cash in big on the sale. It's actually more likely to deter buyers and have them looking at the houses your neighbors are selling instead. Even today, when the a...dvantage tips toward sellers because there are so few houses for sale, your house is more likely to sit on the market longer or require a price drop that can send buyers running in the other direction if it isn't priced just right. When you price it competitively, you won't be negotiating with one buyer over the price. Instead, you'll have multiple buyers competing for the home, and that's what ultimately increases the final sale price. The key is making sure your house is priced to sell immediately. That way, it will be seen by the most buyers. More than one of them may be interested, and your house will be more likely to sell at a competitive price. If you’re thinking about listing your house this fall, let's discuss how to prepare your home for sale and price it right so you can maximize your exposure and your return. See more

Thinking about selling your home? Get a quick estimate of your home's worth.

How to win in a Bidding War competing against other Buyers? A good question and I will be happy to answer and guide you in the travel to the door of your new home. My professional opinion for real estate and for normal life: avoid any wars if you can, but if you have to participate in any war - be prepared and equipped. Let my over 23 years local experience to support you. Call me now to start the journey to your new home; 408-599-7007.

Although many luxury homes are beautifully decorated, they might not be buyer-ready. Even if filled with high-end pieces, it’s essential to determine whether those pieces and the home’s overall look are right for the space and the market." CHRISTY MURDOCK EDGAR &Inman Home staging is a valuable marketing tool to help sell your home. In a good or bad housing market, some studies have shown that staged homes can add between 10 and 15 percent to the sale price of many home...s. Sellers who don’t take the time and money to properly stage may end up with their house on the market for longer periods of time, and agreeing to a lower selling price. Sellers may have their work cut out for them, but when you talk in dollars, seller can make thousands more and sell their home faster by staging. As a seasoned Broker, I BELIEVE in Staging and know reliable staging artists. Call me to get your home prepared for sale and SOLD for the best price possible: 408-599-7007. See more

Virtual School is changing Home buyer needs. With today's historically low rates you can afford much more for your money. Call me If your current home is too small for your home students and for busy you working from home during the quarantine. I can help you find new one. Kindest Regards, Irene Borz, Broker DRE# 01228057 Selling homes in the Bay Area since 1997!... Office: 408-599-7007 Cell/Text: 408-603-6189 www.realestatewithireneborz.com See more

According to realtor.com, only 52% of today’s active home shoppers are getting pre-approved for a mortgage, which means about half of buyers are missing out on this important step. Getting pre-approved doesn’t just give you an idea of how much house you can afford, it also lets sellers know you’re a serious buyer. With more houses receiving multiple offers, a pre-approval letter can be a key factor in a bidding war, and you don’t want to miss out. DM me to learn more about why pre-approval with a lender is critical in today’s competitive market.

How Will the Presidential Election Impact Real Estate? I won't surprise you if I say I get the question, "How will the presidential election affect real estate?" very often during the pre-election period - from buyers and sellers. People who are thinking about buying and selling would like to know in advance what they need to be prepared for.Is there a drop-off in home sales during a presidential election year?BTIG, a research and analysis company, looked at new home sales fr...om 1963 through 2019 in their report titled One House, Two House, Red House, Blue House. They noted that in non-presidential years, there is a -9.8% decrease in November compared to October. This is the normal seasonality of the market, with a slowdown in activity that’s usually seen in fall and winter.However, it also revealed that in presidential election years, the typical drop increases to -15%. The report explains why:This may indicate that potential homebuyers may become more cautious in the face of national election uncertainty.Are those sales lost forever?No. BTIG determined:This caution is temporary, and ultimately results in deferred sales, as the economy, jobs, interest rates and consumer confidence all have far more meaningful roles in the home purchase decision than a Presidential election result in the months that follow.In a separate study done by Meyers Research & Zonda, Ali Wolf, Chief Economist, agrees that those purchases are just delayed until after the election:History suggests that the slowdown is largely concentrated in the month of November. In fact, the year after a presidential election is the best of the four-year cycle. This suggests that demand for new housing is not lost because of election uncertainty, rather it gets pushed out to the following year.Will it matter who is elected?To some degree, but not in the overall number of home sales. As mentioned above, consumer confidence plays a significant role in a family’s desire to buy a home. How may consumer confidence impact the housing market post-election? The BTIG report covered that as well:A change in administration might benefit trailing blue county housing dynamics. The re-election of President Trump could continue to propel red county outperformance.Again, most economists predict that overall sales should not be impacted in a significant way.Bottom LineIf mortgage rates remain near all-time lows, the economy continues to recover, and unemployment continues to decrease, the real estate market should remain strong up to and past the election.Stay safe and optimistic. Irene Borz, BrokerDRE# 01228057 Selling homes in Bay Area since 1997!Office: 408-599-7007 Cell/Text: 408-603-6189 www.realestatewithireneborz.com See more