Well I know it’s counter intuitive but depending on the market abs what $1000000 means to it, they may have a point.
If it’s just a high dollar market and $1M just gets you a decent home, buyers won’t want to be remodeling. But if it $1M is high high dollar, folks in that sphere often expect to spent a lot more after they buy to “make it what they want”
Counter intuitive, but it’s true. The Uber wealthy live in a different world than most everyone else
Home in our neighborhood just sold for 1.3 mil ...buyers paid cash.
And I hear they’re young folks.
It’s the haves and the have nots nowadays.