You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!





Feb. 1, 2018

#1 Reason to Sell Now, Not Next Spring

The price of any item (including residential real estate) is determined by ‘supply and demand’. If many people are looking to buy an item and the supply of that item is limited, the price of that item increases.

According to the National Association of Realtors (NAR), the supply of homes for sale dramatically increases every spring. As an example, here is what happened to housing inventory at the beginning of 2016:


Putting your home on the market now instead of waiting for increased competition in the spring might make a lot of sense.


Buyers in the market during the winter months are truly motivated purchasers. They want to buy now. With limited inventory currently available in most markets, sellers are in a great position to negotiate. CLICK HERE for more information!

Feb. 1, 2018

No.. You Do Not Need 20% Down To Buy Now

The Aspiring Home Buyers Profile from the National Association of Realtors (NAR) found that the American public is still somewhat confused about what is required to qualify for a home mortgage loan in today’s housing market. The results of the survey show that non-homeowners cite the main reason for not currently owning a home, as not being able to afford one.

This brings us to two major misconceptions that we want to address today.


NAR’s survey revealed that consumers overestimate the down payment funds needed to qualify for a home loan. According to the report, 39% of non-homeowners say they believe they need more than 20% for a down payment on a home purchase. In actuality, there are many loans written with a down payment of 3% or less.

 Many renters may actually be able to enter the housing market sooner than they ever imagined with new programs that have emerged allowing less cash out of pocket.


An Ipson survey revealed that 62% of respondents believe they need excellent credit to buy a home, with 43% thinking a “good credit score” is over 780. In actuality, the average FICO® scores of approved conventional and FHA mortgages are much lower.

 The average conventional loan closed in August had a credit score of 752, while FHA mortgages closed with a score of 683. The average across all loans closed in August was 724. The chart below shows the distribution of FICO® Scores for all loans approved in August.




If you are a prospective buyer who is ‘ready’ and ‘willing’ to act now, but are not sure if you are ‘able’ to, let’s sit down to help you understand your true options.


Feb. 1, 2018

Your Ultimate Move-in Guide

Are you ready for move in day? Chances are you’ve been running around getting everything in order for this big day. It’s going to be exciting, and no doubt — a lot of work. Here are 10 tips (and a bonus one) to make moving-in go smoothly.


Walk through your new home before you start unloading and make sure all agreed upon repairs were completed and everything looks the way it should.


Don’t wait for your neighbors to come over with freshly baked cookies — go meet them! Unpacking can wait a few minutes while you focus on building your new community. Introduce your family members and let them know you’re excited to get to know them better. You can also leave them a print out with your names and phone numbers so they’ll have your contact information handy if they need it.


Most sellers leave their homes clean for buyers, but before you start putting items away in cabinets and closets, you may want to give them a quick wipe down while they’re empty.


And if your new home is in an area with recycling, find out what items they take. You’re going to have lots of trash and empty boxes for pick-up. Ask a neighbor if you’re unsure – this is also an easy way to break the ice and introduce yourself!


You may have found that, when packing, filling boxes by room wasn’t feasible; you may have some random items in boxes that belong in different rooms. First, sort these items and place them in their correct rooms, but wait to put them away until all your items are sorted.


If you have kids, unpacking their rooms first might be a smart move to help them get comfortable. You may also want to get your bathroom set up sooner rather than later so you can enjoy a hot shower at the end of the day without running into the need to unpack after you’ve already grown exhausted. Once you’ve prioritized, go through each room at a time and unpack the contents to keep things feeling more manageable.


The kitchen will likely be the most time-consuming room to unpack, and you’ll want to get it right to avoid re-organizing while there’s still more unpacking to be done. It’s helpful to organize everything on the counters in front of cabinets before shelving these items so you can see if the flow works for you and your family.


As you’re unpacking you may realize that certain items don’t fit or won’t have a use in your new home. Keep a large bin nearby to drop items into as you unpack. Starting your new home clutter-free is a wonderful start.


Hopefully, while packing, you taped any assembly hardware to their corresponding pieces to avoid loss or separation of crucial screws, pads, etc. Even if nothing requires actual reassembly, you may wish to tighten some joints and secure other items throughout your new home to avoid unnecessary deterioration or safety risks. Make sure your tools are nearby or carry a tool belt as you unpack for ease of access. If you forget how something goes back together, don’t fret! Look online for product guides posted by the manufacturer for download.


Think about what you’ll need for the next day or so. Items like your toothbrush, toiletries, soap, and a change of clothes will definitely come in handy at bedtime and in the morning if you’re unable to unpack everything on Day 1. Leave these items in your vehicle until you need them so they don’t get mixed up with everything else that needs to be unpacked.


Have a few phone numbers handy for local pizza delivery to feed your moving helpers and enjoy the day without worrying about cooking later. This can be another great question to ask your new neighbors if you haven’t gotten to meet them yet!

Preparing to buy or sell? These tips are a great guide for getting ready to move, but your local experts at The Gagliardi Group can provide some additional insights on how to mitigate any concerns or additional questions you may have. Reach out for more one-on-one advice here and don’t forget to check out more real estate tips on our blog!

July 31, 2017

Curious About Local Real Estate?

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!

Get Local Market Reports Sent Directly to You

You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.

We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

Posted in Market Updates