From Your News Now:
Improvement has become an increasingly popular option for homeowners who want something nicer, but want to wait to buy their new home.
“They’ve figured that they’ve got to be there for the next four or five years until the economy picks back up,” Chris Whited with ASAP Construction said. He calls it “improving not moving.”
According to a Texas A&M University report, our area’s housing market was at its high in 2006 with more than 30,000 home sales that year. In 2009, sales dropped to a little more than 20,000 and it’s stayed around that number since.