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From The Desk Of ...

Mike Morris
As Editor in Chief of Professional Remodeler, I am constantly receiving great information about trends, news and innovative ideas of interest to all remodelers. My blog will allow me to share with you more than we can possibly fit into the monthly magazine and more regularly than in print, too. I welcome your responses to and comments about these posts. Let the fun begin!

Tuesday, June 10, 2008

A Ray of Sunshine?

Jun 10 2008 2:09PM | Permalink | Email this | Comments (0) |
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The National Association of Realtors' released an improved existing home sales forecast for the second half of 2008 on Monday, citing plummeting existing home prices and an increased ability for buyers to attain affordable mortgages. The NAR's Pending Home Sales Index, a forward-looking indicator based on contracts signed in April, rose 6.3 percent to 88.2. It is the highest index since October 2007, but is still 13.1 percent lower than April 2007 when it was 101.5.

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