1. McMansions will be McEmpty. Large house sales will suffer from being on the market a long time. Folks are leaning towards more cozy, low-maintenance digs. Mile high windows,super ceilings, and sprawling lawns hold less appeal in 2015. Tiny house sales are on the rise!
2. Humpty Dumpty Needs a Wall. Open concept living is in for an adjustment. I think we may see some walls going up and/or partitions installed around kitchens--or at least the prep space. Let's face it, folks don't like seeing a messy kitchen. Open kitchens create stress.
|Eric Davis - HGTV|
3. Dining Rooms are Dinosaurs. Talk about your oxymoron, people are spending more time in their homes entertaining, but not around the dining room table. Check out Craigslist and you will notice a zillion beautiful dining room sets offered for a steal. Boomers are downsizing and millenniums are turning dining rooms into home offices or playrooms.
5. "Uber Think" Applies to Buying and Selling. We are all familiar with the start-up car service Uber. I predict that the Uber mentality is going to penetrate the real estate market. I think 2015 may mean more buyers and sellers taking the cheapest route. Realtor fees may be thwarted by more FSBO's (For Sale by Owner) or sellers using discount firms. Legitimate stagers will be back-burnered for DIY stagers. Ouch!