Foreclosures Make Up Nearly Third of Q1 Sales
Irvine, CA, June 30, 2010--Foreclosures accounted for a third of all home sales, and they sold at a nearly 30% discount in the first quarter this year, according to foreclosure tracking firm RealtyTrac.
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.
Daltile Names Visionary Design Award Winners
Dallas, TX, June 29, 2010--Daltile has recognized eight commercial design projects and designers nationwide as the top “real life” applications using Daltile products.
Record Attendance at Arley's Tile and Stone Expo
Scranton, PA, June 29, 2010--Over 250 dealers, retailers, designers and contractors took part in Arley Wholesale's eighth annual tile and stone expo on June 15.
Consumer Confidence Falls in June
New York, NY, June 29, 2010--U.S. consumer confidence fell sharply in June on concerns over the sustainability of economic recovery and the outlook for jobs, marking the end of three months of gains.
Carpetright Sees Annual Profit Rise
London, England, June 29, 2010--Britain's carpet and floor covering retailer Carpetright reported Tuesday a 33.5% increase in pre-tax profit for fiscal 2010.
Home Tax Credit Deadline Extension May Be Dead
Washington, DC, June 28, 2010--A measure that would have extended the amount of time that buyers have to close on house purchases in order to claim a federal tax credit got stalled in the Senate last week.
Home Prices See Significant Increase Over '09
New York, NY, June 29, 2010--The housing market got some good news Tuesday morning, as the S&P Case-Shiller 20-city home price index rose by 3.8% in April over a year ago.
NWFA Launches Site on Professional Inspectors
St. Louis, MO, June 28, 2010--The National Wood Flooring Association Certified Professionals has developed a new website to help consumers, manufacturers and others find professional wood flooring inspectors.
Researcher Says Housing Bad News Not Over
Minneapolis, MN, June 28, 2010--A housing researcher predicted “a new normal” in housing markets across the U.S., according to a story in MinnPost.com.
Mortgage Rates Lowest in Over 50 Years
Washington, DC, June 28, 2010--Average rates on 30-year fixed-rate mortgages reached their lowest levels in more than 50 years this week, according to HSH.com.