
Instead of renovating the pink bathroom from the 1980s and hunter green kitchen of the 1990s, people are knocking down homes and starting from scratch, Curtis Counts, a New Jersey-based real estate sales associate with eXp Realty, tells Fortune. Think of it as causal buyer teardowns, a sort of do-it-yourself house flipper, if you will.
But the rise of teardowns isn't just because of old-fashioned bathrooms.