Rivero Realtors News August 2025
 
 
(443) 386-1306 debsellsmd@gmail.com https://www.RiveroRealtors.com
Is It Time to Right-Size? Tap Into Your Home's Hidden Wealth

If your home feels bigger than you need—or more than you want to maintain—you might be sitting on more than just unused space. Thanks to rising home values, many longtime owners have more equity than they realize. According to CoreLogic, the average homeowner over age 65 now holds about $250,000 in equity—a 47% increase since 2019. That equity could be your ticket to funding future goals, cutting costs... Read More
 
Don't Miss These Water Savings: Simple Fixes That Make a Difference

Did you know the average household wastes thousands of gallons of water each year—enough to fill a swimming pool? Fortunately, small changes can significantly reduce that waste—without disrupting your daily routine.


Toilets Account for Nearly 30% of Indoor Water Use

Older models can use up to 7 gallons... Read More
 
Don't Let These Real Estate Closing Day Surprises Ruin Your Big Day

Closing day is a major milestone—but last-minute issues can throw off your plans. Here are four common pitfalls and how to avoid them for a smooth, stress-free closing.

Final Walk-Through Surprises
The final walk-through—usually 24-48 hours before closing—is your last chance to check the property. According to the NAR, 5% of buyers find... Read More
 
 
 
2025 Kitchen Trends Embrace Space and Style

If you've been thinking about a kitchen remodel, you're not alone. According to the 2025 “U.S. Houzz Kitchen Trends Study,” kitchens are getting bigger—and bolder. Thirty-five percent of homeowners are expanding their kitchens during renovations, with 29% reclaiming space from their dining rooms and 12% from their living rooms.

The Shift Toward Bigger Kitchens
The role of the kitchen has evolved. It's no longer just a place to cook—it’s where people gather, work, and connect. With nearly half of U.S. homes now more than 42 years old, many... Read More
 
The Market Is Changing—but Is It Finally a Buyer's Market?

The latest housing data from the National Association of Realtors (NAR) paints a nuanced picture of where the market stands—and where it might be headed. Existing-home sales in May rose 0.8% from April to a seasonally adjusted annual rate of 4.03 million. However, year over year, sales slipped 0.7%. So, is this officially a buyer's market? Not quite—but we're getting closer.

More Listings, More Leverage
Inventory saw a meaningful jump in May, up 6.2% from the previous month and more than 20% higher than a year ago. That translates to a 4.6-month supply of homes on the market—still shy of the six-month mark... Read More
Debbi & Rich Rivero  -  (443) 386-1306 Rivero Realtors News  -  August 2025