The Real Estate Landscape in 2020: An Expert's Predictions
These are the most important Real Estate Trends coming to us in 2020
Sellers will expand on home improvements before selling
These will go far beyond staging as buyers become less inclined to buy homes that need work
"They wish to know all costs upfront and mortgage everything at low rates", Steinberg says. "The work you do after closing is not mortgageable - who has any cash left after closing for home improvements, when pricing is at a premium?"
It is not just about aesthetics, he says, but rather about allowing buyers to use the money they have borrowed most effectively.