Housing Affordability Hits New Record High
Washington, DC, May 21, 2012 -- Nationwide housing affordability hit a new record high for a second consecutive quarter in the first three months of this year.
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.
Economists See Improving Jobs, Housing Markets
Washington, DC, May 21, 2012 -- Economists are growing a little more optimistic about recovery in the job and housing markets, according to a surevey by the National Association for Business Economists.
Lowe's Reports Higher Sales, Earnings
Mooresville, NC, May 21, 2012 -- Home center operator Lowe's Companies reported first quarter net earnings of $527 million, a 14.3% increase over the same period a year ago.
Mirage Adds Distributor Tri-West
St-Georges, Quebec, Canada, May 21, 2012 -- Boa-Franc G.P., the parent company of the hardwood brand Mirage, has added Tri-West as a new distributor for the Mirage brand in the Western region of the U.S.
Echo Boomers Key to Housing Market
Washington, DC, May 21, 2012 -- The next two decades in housing markets depends largely on the Echo Boomers, according to panelists at the Realtors 2012 Midyear Legislative Meetings & Trade Expo.
Mortgage Rates Hit New Record Lows
Washington, DC, May 18, 2012 -- Interest rates on both 30-year and 15-year-fixed-rate mortgages set record lows for the third week in a row.
AIA Billings Index Slips to Negative Reading
Washington, DC, May 18, 2012 -- The American Institute of Architects billings index fell into negative territory in April, after five months of positive readings, AIA said.
J&J Industries Reclaims 1M Gallons of Wastewater
Dalton, GA, May 18, 2012 -- J&J Industries said that its Aquafinity Water Reclamation System has reclaimed and reused more than 1 million gallons of water from its Dalton Campus.
Associations Adopt Statement on Floor Flatness
St. Louis, MO, May 18, 2012 -- The American Society of Concrete Contractors said that the National Tile Contractors Association has endorsed a position statement on floor flatness tolerances written and published by the ASCC.
IVC Signs Distributor CMH Space Flooring Products
Dalton, GA, May 18, 2012 -- IVC said that CMH Space Flooring Products Inc. will distribute its products in the Mid-Atlantic and Southeast regions.