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June Housing Market Updates & Home Maintenance Tips

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Housing market updates, top home features and your June home maintenance checklist.

June's arrived faster than my morning coffee disappears—poof! And guess what's hotter than a BBQ grill? Our sizzling June Housing Market Update, fresh off the digital press created just for you. Keep reading for everything you need to know about June in Massachusetts!

What's new?

This month there’s so much to celebrate! My oldest son is graduating kindergarten, multiple weddings, Father’s Day, and Pool Parties galore! Let the summer of fun begin!

On a professional front, I have a few listings coming up which I am excited about because they are very unique properties! Stay tuned!

What's happening around town? MA will be celebrating June with a handful of local events and happenings. Keep reading for more information below!

What the news won’t tell you about the housing market

For sellers: In March 2024, U.S. home prices were up 4.8% compared to last year, selling for a median price of $420,321. While today's rates are high compared to pandemic times, lower inventory is still keeping sellers in the driver's seat in most markets.

For buyers: In the April meeting, the Fed decided not to introduce rate cuts, however, experts predict a 50% probability that come September 2024, they could be on the agenda. Until then, as home inventory increases we could see downward pressure on price, benefitting buyers.

The most requested home features in 2024

Based on a recent survey from Frontdoor, here's a snapshot of the most desirable home features -room by room- in 2024.

Kitchen

Granite or quartz countertops, recessed lighting, walk in pantry, and a double oven for easy meal preparation.

Living Room

Hardwood floors, large windows, and an open floor plan for seamless living.

Primary Bedroom

A soaking tub, walk-in shower, double sink vanity and a walk-in closet.

Eco-Friendly Features

Smart lighting and thermostat, EV charging, solar panels, and a tankless water heater.

General Preferences

Natural light, en suite bathrooms, and storage, storage, storage

 

Source: New Report Reveals the Features Home Buyers Want Most, From Hardwood Floors to Sunken Tubs

 

 

June Home Maintenance Checklist

  • Service your air conditioning unit to keep it running smoothly all summer long.

  • Take a close look at your fence. Fix any holes or loose nails; paint or stain if necessary to prevent weathering.

  • If mosquitoes are nuisances, hire a pest control company to spray your yard.

  • Check for leaky pipes or stagnant water around your home.

  • Check the sprinkler system for leaks or the lawn to identify spots that need some love.

  • Maintain your pool or spa by cleaning filters, testing water chemistry, and ensuring proper filtration.

 

 

Have questions about real estate?DSC_2031-Edit-1

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