Home Prices Decline in Fourth Quarter
Seattle, WA, Feb. 9, 2011 -- Home prices fell 2.6% nationwide during the last three months of 2010, according to a quarterly real estate market survey from Zillow.com.
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.
Mortgage Applications Down on Higher Rates
Washington, DC, Feb. 9, 2011 -- Mortgage application volume fell last week as interest rates rose to their highest levels in 10 months, according to the Mortgage Bankers Association.
Avalon Carpet Tile and Flooring Opens 14th Store
King of Prussia, PA, Feb. 9, 2011 -- Avalon Carpet Tile and Flooring said it opened its 14th location Feb. 1 in King of Prussia.
Chain Store Sales Up First Week of February
New York, NY, Feb. 9, 2011 -- National chain store sales rose 1.7% in the first week of February compared with January, according to Redbook Research.
Job Openings Decline in December
Washington, DC, Feb. 9, 2011 -- The Labor Department reported that employers posted fewer jobs in December.
Mannington Still Seeking Design Contest Entries
Salem, NJ, Feb. 9, 2011 -- Mannington is still looking for entries for its annual tx:style competition for commercial floorcovering.
More Younger People Prefer To Rent Than Own
Washington, DC, Feb. 8, 2011 -- The percentage of Americans who own their home declined last year, as more people decide a home isn't necessarily a good investment and prefer to rent instead.
Pfleiderer To Post Loss for 2010
Neumarkt, Germany, Feb. 8, 2011 -- Pfleiderer said it will post a loss for the year 2010, which reflects, in part, one-time expenses for the ongoing restructuring of the Pfleiderer Group.
Chain Store Sales Rise, Fundamentals Solid
New York, NY, Feb. 8, 2011 -- U.S. chain store sales last week rose 2.5% compared with one year ago, according to the International Council of Shopping Centers and Goldman Sachs.
Tuftex, Anderson Combine in New Display Program
Dalton, GA, Feb. 8, 2011 -- Shaw divisions Tuftex Carpets and Anderson Hardwood are collaborating to bring Shaw Design Center retailers an exclusive new display program called Color Coordinates.