Supply of Homes for Sale at Five Year Low
Santa Ana, CA, June 12, 2012 -- CoreLogic's June MarketPulse Report shows that its Home Price Index, including distressed sales, posted two consecutive months of year-over-year increases in April 2012.
Today's Flooring News
Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
Foreign Buyers Increase U.S. Home Purchases
Washington, DC, June 12, 2012 -- Due to low prices and the relative weakness of the dollar, international buyers continue to invest in U.S. residential real estate, according to the National Association of Realtors.
Small Business Optimism Unchanged in May
Washington, DC, June 12, 2012 -- Small business owners' optimism was little changed in May and overall they remain fairly pessimistic about how business will fare in the coming months.
Household Wealth Plunges During Recession
Washington, DC, June 12, 2012 -- Household net worth declined 38.8 percent between 2007-2010, mostly due to a plunge in house prices, according to the Federal Reserve.
Antron Rolls Out New Brand Identity
Chicago, IL, June 11, 2012 -- Invista has rolled out its new brand identity for the Antron carpet fiber brand at the NeoCon trade show.
Süddekor Unveils New Digital Sample System
Agawam, MA, June 11, 2012 -- Süddekor LLC has rolled out ColorDekor, a new, proprietary digital color-match system to create a high-quality sample for any laminate flooring, furniture, or countertop customer.
Fraser/Gold, Lane's Combine Forces
New York, NY, June 11, 2012 -- Fraser/Gold Carpet said it has formed an alliance with Lane’s Floor Coverings & Interiors, another New York area commercial flooring contractor.
Businesses Predict More Executive Relocations
New York, NY, June 11, 2012 -- More business executives are likely to be on the move this year.
New Homes Appear To Be Increasing in Size
New York, NY, June 8, 2012 -- Some U.S. homebuilders are reporting that the trend toward smaller houses is apparently reversing itself, according to the Wall Street Journal.
Multi-Family Construction on the Rise
Washington, DC, June 8, 2012 -- The Multifamily Production Index, a leading indicator for the multi-family market, recorded its highest reading since the third quarter of 2005 with an index level of 51.