Thursday, January 15, 2015, 11:49am

As the broader housing market continues its sluggish recovery, growth in home improvement spending is also expected to soften throughout the coming year, according a new report from Harvard's Joint Center for Housing Studies (JCHS). The JCHS's Leading Indicator of Remodeling Activity (LIRA), an index created by the center's Remodeling Futures Program, projects annual growth in home improvement spending will decelerate from 6.3 percent in the first quarter of 2015 to 1.6 percent by the third quarter.

"Due in part to weakening home sales last year, growth in remodeling spending is expected to deflate somewhat in 2015," Chris Herbert, managing director of the JCHS, said in a statement. "Homeownership rates continue to slide as lending remains tight and first-time homebuyers are not yet returning to the market."

"Although contractor sentiment has cooled in recent quarters, it remains favorable overall," Abbe Will, a research analyst in the Remodeling Futures Program, said in a statement. "House price gains are moderating but still strong and home sales appear to be turning a corner now, all of which bodes well for continued, if more moderate, home improvement gains for 2015."

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Harvard JCHS: Growth Slowing In Home Remodeling In 2015

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An Iraqi refugee convicted of defrauding victims of more than $560,000 was sentenced Tuesday to 18 months in jail, and three years probation.

Faris Namrud, known as the "romancing plumber," pleaded guilty in November to fivecounts of of fraud over $5,000.

Judge Joseph Galati ordered Namrud to undergo counselling, and barred him from using aliases, issuing cheques, or operating any business.

He also ordered Namrud to repay his victims the more than half million dollars they're owed, "in the unlikely event he wins the lottery."

The full sentence was 32 months, but the judge gave Namrud 14 months credit for time already served.

Iraqi refugee Faris Namrud, who often poses as an Italian under the name Franco Nemro Loranzo, has already served jail time for romancing victims out of hundreds of thousands of dollars in the past. (CBC)

A Vancouver woman who lost $86,000 to Namrud is disappointed he won't be serving more time.

"Given his history and his character I think he'll just be right back at business as usual and defrauding people again," said Kasandra Harfield.

"The whole reason I came forward in the first place was to try and prevent that."

Last year, CBC Investigates exposed Namrud's long history of fraud, and the accusation he ripped off Harfield.

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'Romancing plumber' sentenced to 18 months in jail for $560K in fraud

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Albany, GA (PRWEB) January 15, 2015

In the pest control industry, McCall Service has earned a reputation for excellence. They have been on the cutting edge of pest management technology since 1928, and offer thorough solutions for bed bugs, termites, mosquitoes, general bug exclusion, and wildlife protection. So it seems right to ask, "Is there a McCall Service near me?" Fortunately for many Georgians, the answer is now, yes. Recently, McCalls branched out into the Savannah Georgia region, and has now added West Georgia to their service area. This is good news for residents of Albany.

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In the United States, termites do $2 billion in property damage each year, and with the temperate climate in Georgia, termites can be a danger to property owners all year round. By setting up monitoring stations, and using the Sentricon Termite Colony Elimination System, McCall Service eradicates termites before they can cause damage to property.

When mosquitoes, bugs, and wildlife come to spread disease, illness, or parasites, like lice, Georgians can know that their families and their homes will be protected. McCall Service partners with families to provide professional care and modern pest management that fully excludes these dangerous pests from homes and business properties in a way that protects residents, and the environment. Residents won't have to fight with flu-type symptoms, strange respiratory allergies, and hard to get at home repairs, if they have McCall Service on the job. Is there anything more important that protecting the health of families and the equity of homes and business in Georgia? McCall doesn't think so.

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McCall Service is excited about offering coverage to Savannah, and now Albany, Georgia. And, with over 80 years of providing the most advanced treatment methods available, residents of Georgia are in good hands. McCall Service has an A+ rating with the Better Business Bureau, uses only EPA-registered materials when absolutely needed, and has the most comprehensive guarantee in the business. To learn more, visit http://www.mccallservice.com today.

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McCall Service Now Offering Pest Control in West Georgia

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