North Texas home remodels rise along with hot housing market

by JASON WHEELER

WFAA

Posted on July 29, 2014 at 1:27 PM

Updated yesterday at 1:27 PM

DALLAS -- The remodeling business in North Texas is going "through the roof" says Sandy Tabacinic, owner of Homecorp.

Its absolutely insane. It is the highest amount of projects I have had in years," she said. "In the nine years I have been doing this, never this much.

Some homeowners are opting for a do-over to modernize their places so they can sell them for more money. Others would like a new house but inventory of homes for sale has been too low, according to Tabacinic.

Most of the people calling me wanted to buy a house, but theres nothing in the market," she said.

And still others, like Mindy Albert, are redoing their current dwellings because the hot housing market in North Texas has raised prices too much to move to a new address.

Albert said her family shopped around for another house and found properties priced at upwards of $500,000 for a comparable house to what we have now. And what she (and many North Texas homeowners) have now is a home thats worth more. Thats allowing many people to afford a home equity loan to improve their living space.

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North Texas home remodels rise along with hot housing market