The September 18 cut of a key interest rate should keep the trouble in the subprime lending market from dragging the economy into recession, but experts caution that it is not the cure for the flagging housing market. More
The Remodeling Market Index (RMI) fell for the second straight quarter, according to a midyear release from the National Association of Home Builders (NAHB). More
The first two months of new-home sales in 2007 have fueled concern over a flagging housing market. More
Remodeling activity increased during the third quarter of 2006, according to the latest release of the Remodeling Market Index (RMI). However, the current conditions portion of the index jumped more than two points (to 47.8), but still remains well below 50, which is the watermark for what is considered "positive." More
The remodeling market started 2006 strongly, according to the latest release of the Remodeling Market Index (RMI). The current market conditions portion of the index ó released by the National Association of Home Builders (NAHB) ó rose from 46.6 in the final quarter of 2005 to 48.1 in the first quarter of 2006. The Northeast exhibited the largest surge (from 41.6 to 51.5) while the West was the only region that saw a decrease during the period, although the RMI in that region remains the highest of the four. More
The final Remodeling Market Index (RMI) of 2005 showed a slowdown in the fourth quarter. The year as a whole was positiveó though somewhat below the level of 2004. More
The economy can be a scary thing to small business owners. Few truly understand it, but most have at least a vague notion that they should pay attention to it. More
Unusually wet weather toward the end of the year hindered remodeling activity in the fourth quarter of 2004, according to the NAHB. More
The remodeling industry, spurred the last couple of years by all-time low mortgage interest rates, might need to find a new way to grow in 2004.Though it's certainly not great news, it's no reason to panic, says Kermit Baker, senior research fellow at the Joint Center for Housing Studies at Harvard University. More
