11/08/2009 - Housing market slowly recovering

Low mortgage rates and tax credit for first-time buyers help to stabilize housing market. Together with low home prices the stimulate buyers' interest which leads to the increase in conventional mortgage applications for home purchases. House builders and contractors get a better chance of finding new customers.

11/08/2009 - Remodeling Activity Goes Down

Remodeling contractors are going to face some difficulties. Remodeling market will trend down to the first part of 2010 according to the LIRA.