June is Time for Yards, Watering, and Heat Management [[+]] Austin Area Market Inventory Improves While Closings Remain Robust: Chuck Farr’s June 2022 “Talking Real Estate” ENewsletter

Posted by Chuck Farr on Thursday, June 23rd, 2022 at 3:30pm.

June is Time for Yards, Watering, and Heat Management [[+]] Austin Area Market Inventory Improves While Closings Remain Robust: Chuck Farr’s June 2022 “Talking Real Estate” ENewsletter

 

Welcome to the Summer Solstice, homeowners, tenants, prospective buyers, and real-estate investors! In the news,the Austin Board of Realtors says that in May, “residential home sales declined 6.7% year over year to 3,633 closed sales as the median price rose 19.6%, maintaining the all-time record of $550,000 set in April 2022.” (Check the [[“Talking Real Estate” Monthly Enewsletter]] for all the market details!)

Summer Home Maintenance Tips: Summertime has its own home maintenance checklist in Central Texas, especially for existing property owners. Here are a few items to consider during June:

  •       Set your mower on the highest setting so you do not cut the grass too short and expose it to drought and weeds.
  •       Make sure your foliage gets plenty of water during hot summer days. Water early in the day, but not necessarily every day. Plants prefer a good soaking a few times a week rather than a light, daily drizzle.
  •       Reverse the setting on your ceiling fans to counterclockwise. This pushes the air down, creating a nice breeze. Shut off fans when you leave the house to save electricity.
  •       Whether you have central air-conditioning or window units, you should clean or replace your filters at least once every other month (or more often if they are visibly dirty).
  •       Check the weather stripping around doors and windows to keep the cool air in. Cover windows that receive morning or afternoon sun with drapes. 
  •       Increase your insulation in the attic to R-30 or more. Each month buy a little insulation until the job is done. Alternately, consider adding in the new foam style insulation inside your walls and in the attic with the help of a professional.

Here is the [[Talking Real Estate Enewsletter]] with always-on links to trends in national, regional, and Austin area real-estate market news. You will also see some handy articles about home buying & selling, home maintenance, taxes, and other topics.

In this issue:

  •       Austin Area Market Calms, Inventory Improves While Closings Remain Robust (latest ABOR report)
  •       Homeownership Builds Middle Class Wealth
  •       How Will the Russia-Ukraine War Impact U.S. Housing?
  •       Hit the Deck with Easy Upgrades
  •       Housing Sales Take a Breath

If you need more detailed information about the market in your own neighborhood or home, just let me know. I'm just a call, text, direct message, or email away and happy to give you a free comparative market analysis of your home and neighborhood.

View your current [[Talking Real Estate Enewsletter]] to see what's happening in your local market now.

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