James Gliwa Licensed Real Estate Salesperson

09/05/2023

The strong job market and rising wages are helping to offset today’s higher mortgage rates and home prices for some buyers. That's good news for you because it helps put those buyers in a better financial position to pursue their dream of homeownership today. This is just one reason buyers are still so active today. If you want to sell while buyer demand is strong, let's connect.



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09/04/2023

If you’ve been debating whether or not to sell, here’s some information that may help you make a decision. The number of homes for sale is half of what we’d see in more normal years. That means today’s buyers are craving more options and your house may be just what they’re looking for. When you’re ready to sell, let’s connect to get the process started.



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09/01/2023

There’s a lot of negative headlines out there and they could leave you feeling a bit unsure about what’s actually happening in the housing market. Having the reliable expertise of a local real estate agent makes all the difference. Let's connect to make sure you have someone by your side who can help you figure out what’s true and what’s not and answer your burning questions.



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08/31/2023

How Inflation Affects the Housing Market

Have you ever wondered how inflation impacts the housing market? Believe it or not, they’re connected. Whenever there are changes to one, both are affected. Here’s a high-level overview of the connection between the two.

The Relationship Between Housing Inflation and Overall Inflation

Shelter inflation is the measure of price growth specific to housing. It comes from a survey of renters and homeowners that’s done by the Bureau of Labor Statistics (BLS). The survey asks renters how much they’re paying in rent, and homeowners how much they’d rent their homes for, if they weren’t living in them.

Much like overall inflation measures the cost of everyday items, shelter inflation measures the cost of housing. And for four consecutive months, based on that survey, shelter inflation has been coming down.

Inflation and the Federal...



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Have you ever wondered how inflation impacts the housing market?

08/30/2023

Are you dreaming of a home with more updates and different features? Or, do you need additional space as your household grows? If so, you're not alone. These are some of the top reasons homeowners just like you are deciding to sell their houses and make a move. DM me to chat about finding a home that better fits your evolving needs.



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08/29/2023

Even with mortgage rates where they are, a lot of people are still buying homes right now. That’s because, no matter what, people will always have reasons they need to move. If you’re thinking of selling, let’s chat so we can get your house in front of today’s homebuyers. The market is active, and homes are selling. Let’s make yours one of them.



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08/28/2023

Gen Z: The Next Generation Is Making Moves in the Housing Market

Generation Z (Gen Z) is eager to put down their own roots and achieve financial independence. As a result, they’re turning to homeownership. According to the latest Home Buyers and Sellers Generational Trends Report from the National Association of Realtors (NAR), 30% of Gen Z buyers transitioned straight from living under their parents' roofs to owning their own homes.

If you’re a member of this generation, and you’re interested in pursuing your own dream of homeownership, here’s some information you may find helpful on why and where your peers are buying.

The Reasons Gen Z Want To Become Homeowners

A recent survey by Rocket Mortgage identifies some of the top motivators driving Gen Z buyers to purchase a home: “Of those surveyed, 34% said that starting or growing their family was their main motivation to...



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Generation Z (Gen Z) is eager to put down their own roots and achieve financial independence.

08/25/2023

Today’s Housing Market Has Only Half the Usual Inventory [INFOGRAPHIC]

There are only about half the number of homes for sale compared to the last normal years in the market. That means buyers don’t have enough options right now. So, if you work with an agent to list your house, it should be in the spotlight. If you're thinking of selling, DM me so your house can stand out while there’s such a shortage of supply and buyers are craving more options.



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08/24/2023

More Jobs and Better Pay Leads to More Buyer Demand

There’s been talk about a recession for quite a while now. But the economy has been remarkably resilient. Why? One reason is employment and wages have stayed strong. Let’s look at the latest information on each one and why both are good news if you’re thinking about selling your house.

More Jobs Are Being Created

Instead of facing the job losses typical of any recession, the economy has been growing and adding jobs. According to the Bureau of Labor Statistics (BLS), 187,000 jobs were created in July, which is up from the 185,000 created in June. That means more people are finding work. In fact, so many jobs are being added that the unemployment rate is far lower than the long-term average of 5.7%.

A low unemployment rate means that most people who want to work are finding jobs. When people have jobs, they have...



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08/23/2023

Why You Need a True Expert in Today’s Housing Market

The housing market continues to shift and change, and in a fast-moving landscape like we’re in right now, it’s more important than ever to have a trusted real estate agent on your side. Whether you’re buying your first home or selling once again, it’s mission critical to work with an expert who can guide you through each unique step of the process.

Jay Thompson, Real Estate Industry Consultant, explains: “Housing market headlines are everywhere. Many are quite sensational, ending with exclamation points or predicting impending doom for the industry. Clickbait, the sensationalizing of headlines and content, has been an issue since the dawn of the internet, and housing news is not immune to it.”

Unfortunately, when information in the media isn’t clear, it can generate a lot of fear and uncertainty for consumers...



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The housing market continues to shift and change, and in a fast-moving landscape like we’re in right now, it’s more important than ever to have a trusted real estate agent on your side.

08/22/2023

Why You Don’t Need To Fear the Return of Adjustable-Rate Mortgages

If you remember the housing crash back in 2008, you may recall just how popular adjustable-rate mortgages (ARMs) were back then. And after years of being virtually nonexistent, more people are once again using ARMs when buying a home. Let’s break down why that’s happening and why this isn’t cause for concern.

Why ARMs Have Gained Popularity More Recently

Last year is when mortgage rates climbed dramatically. With higher borrowing costs, some homeowners decided to take out this type of loan because traditional borrowing costs were high, and an ARM gave them a lower rate.

Why Today’s ARMs Aren’t Like the Ones in 2008

To put things into perspective, let’s remember these aren’t like the ARMs that became popular leading up to 2008. Back then, when a buyer got an ARM, banks and lenders didn’t require proof of...



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If you remember the housing crash back in 2008, you may recall just how popular adjustable-rate mortgages (ARMs) were back then.

08/21/2023

Don’t Expect a Wave of Foreclosures [INFOGRAPHIC]

With ongoing high inflation pushing up everyday costs, some people are worried that'll create a flood of foreclosures. Here's why that's unlikely. Fewer people are seriously behind on mortgage payments right now. If foreclosures were going to rise a lot, more people would need to be late on their payments. Since most are paying on time, a wave isn’t coming. If you're concerned about a flood of foreclosures, the data shows that's not likely.



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With ongoing high inflation pushing up everyday costs, some people are worried that'll create a flood of foreclosures. Here's why that's unlikely.