Tienken’s Take – June 2022

Summer Home Maintenance

Summer officially begins June 21st, and if you didn’t know, that is this 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 these steps to get the 5 main areas of your home ready for the summer. And, just 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 Rugs

02 The Exterior: Check for Loose Siding Replace Damaged Windows Inspect & Clean the Chimney

03 The Structure: Check the Roof for Damages Repair Driveway Cracks Look for Signs of Termites

04 The Yard: Trim Trees & Shrubs Replace Mulch Control Evasive Plants & Weeds

05 The Porch & Patio: Clean the Grill | Powerwash the Deck & Patio | Clean Outdoor Furniture

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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