Dave Politzer Real Estate and Mortgage Broker

🏠 An attic provides you with additional space for storing toys, home decor, old clothes, and what-have-you. But the attic can also be a prime spot for working, entertaining, or living if you’re willing to do some renovations. Reach out if you'd like to know about financing options.

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Dave Politzer Real Estate and Mortgage Broker 📱 925-890-9188 DRE #00866434 NMLS #356236

Here are a few of the most common defects revealed during inspections and what home owners can do to prevent them from scuttling a sale.

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Dave Politzer Real Estate and Mortgage Broker 📱 925-890-9188 DRE #00866434 NMLS #356236

While once a place reserved for preparing meals, today's kitchen serves as the family headquarters. Think Zoom, dinners, and neighborhood happy hours. Adding/expanding a kitchen is one of the pricier home additions but kitchen remodels typically have good ROI when it comes to resale value of your home. If you're interested in financing a reno, reach out to discuss your options.

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Dave Politzer Real Estate and Mortgage Broker 📱 925-890-9188 DRE #00866434 NMLS #356236

If you’re thinking of moving into a larger home, here are some thoughts to keep in mind. Having more space provides you with the opportunity to grow and enjoy your home even more.

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Dave Politzer Real Estate and Mortgage Broker 📱 925-890-9188 DRE #00866434 NMLS #356236

“Over the last year, people have had plenty of time at home to reassess their priorities and goals, including how their living space and surroundings fit into their lives." People want a sense of community and nice neighbors.

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Dave Politzer Real Estate and Mortgage Broker 📱 925-890-9188 DRE #00866434 NMLS #356236

Home buyers can still lock in some of the lowest borrowing rates of all time. “Even with an increase, consumers should bear in mind that these rates will still be historically low."

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Dave Politzer Real Estate and Mortgage Broker 📱 925-890-9188 DRE #00866434 NMLS #356236

Interest rates are expected to soon rise. If you're interested in knowing what your financing situation would look like today, reach out. We're happy to help.

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Dave Politzer Real Estate and Mortgage Broker 📱 925-890-9188 DRE #00866434 NMLS #356236

Fed Hints Mortgage Rates May Soon Rise The Fed announced it would soon begin tapering its bond purchases. That will likely send mortgage rates higher.

If your credit score is lower than you'd like, there may be quick ways to bring it up. You could add up to 100 points with tips like paying cards more than once a month and disputing credit report errors.

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Dave Politzer Real Estate and Mortgage Broker 📱 925-890-9188 DRE #00866434 NMLS #356236

8 Ways to Build Credit Fast - NerdWallet Disputing a credit report error can improve your credit. So can reducing card balances and always paying on time. Here are 8 ways to improve your credit fast.

Part of vacation homes’ rise in popularity has been attributed to the growth in remote work. Rental prices for vacation homes will likely continue to rise too.

If you're considering purchasing a second property, we're here to help with your financing needs. 🏡

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Yun: Vacation-Home Sales Defy Housing Market Slowdown Though some companies are ordering employees back to the office, overall growth in remote work likely will boost demand for second homes for the foreseeable future.

Mortgage rates inched lower this week. But these historically low rate are expected to rise over the course of the next few months.

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Dave Politzer Real Estate and Mortgage Broker 📱 925-890-9188 DRE #00866434 NMLS #356236

30-Year Mortgage Rate Inches Down to 2.86% This Week However, NAR predicts rates will rise to 3.5% by mid-2022 as the Fed likely will start reducing its bond purchases soon.

Welcome news! Competition for homes on the market is lessening, which could provide an opening for home buyers who have been having a challenge with bidding wars.

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Dave Politzer Real Estate and Mortgage Broker 📱 925-890-9188 DRE #00866434 NMLS #356236

“They can live and work anywhere, and that’s what they’re doing," says Mark Zandi, chief economist at Moody’s Analytics. "The new remote work migration is helping to grow small housing markets that don’t have strong economic centers."

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Dave Politzer Real Estate and Mortgage Broker 📱 925-890-9188 DRE #00866434 NMLS #356236

Remote Workers Are Transforming Housing Markets The pandemic accelerated migration to more affordable areas from pricey city centers.

Between Sept. 12 and Oct. 17, the majority of housing markets nationwide will reach their “sweet spot” with a higher number of homes for sale, lower prices, and less buyer competition compared with the average week of the year.

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Dave Politzer Real Estate and Mortgage Broker 📱 925-890-9188 DRE #00866434 NMLS #356236

Report: Best Time to Buy Is Now From Sept. 12 to Oct. 17, the majority of U.S. housing markets will reach their “sweet spot” with more listings, lower prices, and less competition.

More than half of owner-occupied homes were built prior to 1980.
When is your home's birthday?

Dave Politzer Real Estate and Mortgage Broker 📱 925-890-9188 DRE #00866434 NMLS #356236

Typical Home Will Soon Turn 40 Rising home prices often encourage owners to spend more on improvements to help preserve the value of an aging house.

If you're considering a renovation project, here are answers to some of the most popular renovation questions people ask. 'Where should I start?' 'How should I budget?'

Dave Politzer Real Estate and Mortgage Broker 📱 925-890-9188 DRE #00866434 NMLS #356236

We Answer Your Biggest Kitchen & Bathroom Renovation Questions! Designer and reno expert Gillian Atkins answers your biggest kitchen and bathroom renovation questions, so you can create a space you love.

Individuals now have 30 days to exclusively bid on real-estate-owned properties under the First Look programs. This will allow them to bid on foreclosure properties ahead of when these homes will be available for investor purchase. The First Look Program was created to promote owner occupancy and neighborhood stabilization.

Dave Politzer Real Estate and Mortgage Broker 📱 925-890-9188 DRE #00866434 NMLS #356236

FHFA Gives Buyers Wider Advantage Over Investors The agency’s First Look Program, which promotes owner occupancy, now allows buyers 30 days to exclusively bid on foreclosures.

Six in 10 American adults surveyed say they would prefer to live in a community with larger homes that had a greater distance to retail stores and schools.

Dave Politzer Real Estate and Mortgage Broker 📱 925-890-9188 DRE #00866434 NMLS #356236

Survey: Americans Want Distance From Neighbors Six in 10 say they prefer to live in a community with larger homes that are more separated from other nearby properties, the Pew Research Center finds.

💥 The competition in the housing market is showing some signs of easing. More markets are reporting price cuts, and fewer bidding wars. That may open the door to some priced-out home buyers this fall.

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Fewer Bidding Wars May Open Door to Some Buyers Sixty percent of offers faced competition in July—the lowest level since January.

The housing market took a slight dip in contract signings in July, but that could potentially mark an opening for home buyers who have been shut out by fierce competition over recent months.

Dave Politzer Real Estate and Mortgage Broker 📱 925-890-9188 DRE #00866434 NMLS #356236

Dip in Contracts Signals Opening for More Buyers A slow increase in inventory may give house hunters more options in the near future, according to NAR’s latest pending sales report.

“Overall, rates continue to be low, with a window of opportunity for those who did not refinance under 3%."

Dave Politzer Real Estate and Mortgage Broker 📱 925-890-9188 DRE #00866434 NMLS #356236

Mortgage Rates Barely Budge, Averaging 2.87% A “window of opportunity” still exists for home buyers still hoping to snag all-time-low rates, says Freddie Mac’s chief economist.

Is there still time to take advantage of low rates and refinance your home? Yes!

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Dave Politzer Real Estate and Mortgage Broker 📱 925-890-9188 DRE #00866434 NMLS #356236

If you haven't refinanced yet, is it still worth it? - HousingWire During the pandemic, interest rates were at an all-time low and homebuyers rushed to refinance. But it too late to refinance in 2021?

Buyer demand likely will remain strong, especially as mortgage rates stay near record lows. “The fear of missing out on what could be a once-in-a-lifetime deal will likely entice additional buyers."

Dave Politzer Real Estate and Mortgage Broker 📱 925-890-9188 DRE #00866434 NMLS #356236

Economists: Sales Momentum Will Carry Into Fall The housing market typically slows in autumn, but increased inventory could help to satisfy consumers still looking to buy.

Some parents of college-aged kids are choosing to cut costs, by buying a home in their child's college town. Saves on room and board, and owning real estate is a solid investment!

Dave Politzer Real Estate and Mortgage Broker 📱 925-890-9188 DRE #00866434 NMLS #356236 Realtor Magazine

The 30-year fixed-rate mortgage held near last week’s average and continues to average near historical lows and under 3%.

Dave Politzer Real Estate and Mortgage Broker 📱 925-890-9188 DRE #00866434 NMLS #356236

Mortgage Rates Barely Budge, Remain Below 3% The 30-year fixed-rate mortgage averaged 2.86% this week.

The Federal Housing Finance Agency has proposed a set of new housing goals that target assisting low- and moderate-income families, minority communities, rural areas, and other underserved populations achieve homeownership.

Dave Politzer Real Estate and Mortgage Broker 📱 925-890-9188 DRE #00866434 NMLS #356236

FHFA Proposes New Affordable Housing Goals The two-year plan for Fannie Mae and Freddie Mac aims at better assisting low- and moderate-income home buyers.

Credits may be available that could reduce some homeowners’ premiums by as much as thousands of dollars per year, The Wall Street Journal reports. Here are some ways homeowners may be able to save on their homeowners’ insurance costs.

Dave Politzer Real Estate and Mortgage Broker 📱 925-890-9188 DRE #00866434 NMLS #356236

How Homeowners May Reduce Insurance Premiums Credits and discounts may be available to reduce owners’ rising premiums.

Do you plan to be part of the remodeling wave that continues? Renovations certainly do have an impact on your property value. For example, kitchen and bathroom renovations tend to offer some of the highest returns on investment.💲 Reach out to learn about your financing options.

Dave Politzer Real Estate and Mortgage Broker 📱 925-890-9188 DRE #00866434 NMLS #356236

The Home Improvement Boom Isn’t Letting Up Soon The drive to remodel and spruce up a home continues as homeowners plan to spend more and tackle even more projects this year.

“The higher level of purchase activity last week was driven by more government purchase applications, including a 3.3% increase in FHA loans,” said Joel Kan, an MBA economist.

Dave Politzer Real Estate and Mortgage Broker 📱 925-890-9188 DRE #00866434 NMLS #356236

First-Time Home Buyers Lead Uptick in Mortgage Apps Still, home-purchase applications are 18% lower than a year ago, according to the Mortgage Bankers Association.

"While a full-on celebration might be too soon, prospective homebuyers can breathe a little easier...Prices are beginning to decelerate in some areas as more inventory has become available for single-family homes."

Dave Politzer Real Estate and Mortgage Broker 📱 925-890-9188 DRE #00866434 NMLS #356236

Will The Housing Market Cool Off By Fall? Here’s What Experts Predict Today’s hot housing market is one of the peculiar outcrops of the pandemic. Housing supply was already low before Covid-19, but it was further hampered as lockdowns took place and people began looking for new homes, driven by a host of reasons—from the desire to leave populated cities to better ...

More than half of those recently surveyed reported making substantial improvements to their homes that they believe will boost their home’s value. If you're interested in learning about your finance options for home renovations, let's chat!

Dave Politzer Real Estate and Mortgage Broker 📱 925-890-9188 DRE #00866434 NMLS #356236

Popular Renovations Focus on Adding Entertainment Space Homeowners also are adding new rooms and redoing less-used spaces, such as the garage.