Tienken’s Take – Edition 06 June 2022

In This Issue… Summer Home Maintenance

Summer officially begins June 21st, and if you didn’t know, that is this VERY month! So, if you’re like the majority of us who haven’t even had the time to think about preparing for the warmer months, we’ve got you covered! Follow the steps below to get the five main areas of your home ready in time for the summer. And, as a reminder, don’t forget to check your smoke and carbon monoxide detectors quarterly!

01 The Interior

Dust & reverse ceiling fans
Change HVAC filters
Deep clean carpet & area rugs

02 The Exterior

Check for loose siding
Replace damaged windows
Have your chimney inspected & cleaned

03 The Structure

Check the roof for any damages
Repair driveway cracks
Look for signs of termites

04 The Yard

Trims trees & shrubs
Replace mulch
Control evasive plants & weeds

05 The Porch & Patio

Inspect & clean the grill
Clean outdoor furniture
Powerwash the deck & patio

 Market Update

We are beginning to see a shift in the seller-buyer power differential, so it is important to know how to be a smart buyer or seller in this climate.

  • The primary reason for the crazy market of 2021 was the number of potential buyers outpacing inventory, which led to rapid price increases and even bidding wars. This dynamic is expected to stay throughout 2022, but higher mortgage rates will slow down the rate of price increases. It is even possible that we will see price drops this fall and winter, potentially even by late summer.
  • Homes listed in 2022 will stay on the market longer than they did in 2021.
  • Competition is not going away, so if you are a buyer and you find a home you love, it’s best to act quickly and submit an offer. And likewise, for sellers, the market will remain strong, but pricing strategically should be your #1 goal.
entryway with a wood bench and white pillowsWood front door with white railing