Leading Indicator of Home Remodeling Activity Shows Hope - Maybe

The American Dream of Owning a Home, and Caring for it, Appears to be FadingMark J. DonovanLast month Harvard’s “Remodeling Futures Program at the Joint center for Housing Studies” reported that home remodeling spending is expected to accelerate in early 2011. This is based on its “Leading Indicator of Remodeling Activity”, also known as LIRA. However the report is quick to state “absent a