Initial Jobless Applications Decline Modestly
Washington, DC, Sept. 22, 2011 -- Initial applications for unemployment benefits fell modestly last week, according to the Labor Department.
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Architecture Billings Index Back in Growth Mode
Washington, DC, Sept. 22, 2011 -- The Architecture Billings Index reversed course in August to indicate that the industry just might be growing again.
Oil Prices Plunge on Economic Worries
New York, NY, Sept. 22, 2011 -- Oil prices are down sharply along with the stock market Thursday morning.
Mortgage Rates Remain at Historic Lows
Washington, DC, Sept. 22, 2011 -- Fixed mortgage rates remained at record lows for a third straight week and are likely to fall further.
Fed Moves To Lower Long Term Interest Rates
Washington, DC, Sept. 22, 2011 -- The Federal Reserve on Wednesday announced a new round of stimulus and reiterated its intentions to keep short term interest rates at current levels until sometime in 2013.
Existing Home Sales Surge in August
Washington, DC, Sept. 21, 2011 -- Sales of existing homes rose 7.7% to a five-month high in August, according to the National Association of Realtors.
NAHB Urges Balanced Approach to Inventory
Washington, DC, Sept. 21, 2011 -- The National Association of Home Builders has urged the Administration and Congress to take a balanced approach in disposing of the large inventory of real estate owned (REO) properties.
Bentley Prince Street Names Two Vice Presidents
Los Angeles, CA, Sept. 21, 2011 -- Bentley Prince Street has named Clint Schramm and Johnny Bryant to its executive management team.
Q.E.P. Reports Record Net Sales for Six Months
Boca Raton, FL, Sept. 21, 2011 -- Q.E.P. CO. reported record net sales of $135.6 million for the six months ended Aug. 31, an increase of $14.4 million or 11.9% from the $121.2 million reported in the same period of fiscal 2011.
Daltile To Begin Ninth Season on Extreme Makeover
Dallas, TX, Sept. 21, 2011 -- Daltile has signed on for its ninth consecutive season as tile provider to ABC’s “Extreme Makeover: Home Edition,” which premieres its ninth season Sunday, Sept, 25.