Home Prices, Sales, Expected To Rise Next Year
Washington, DC, Nov. 13, 2009--Home prices are expected to grow modestly next year, according to the National Association of Realtors.
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.
Applications for Purchase Mortgages Tumble
Washington, DC, Nov. 12, 2009--Mortgage applications filed to purchase homes last week hit the lowest level in nearly nine years, the Mortgage Bankers Association reported Thursday.
Initial Jobless Claims Fall
Washington, DC, Nov. 12, 2009--Initial jobless claims fell by 12,000 to a seasonally adjusted 502,000 in the week ended Nov. 7, the Labor Department reported Thursday.
Luxury Homebuilder Toll Sees Jump in Contracts
Horsham, PA, Nov. 11, 2009--Luxury homebuilder Toll Brothers, Inc. said its fourth-quarter net signed contracts of approximately 765 units and $430.8 million rose 42% in units and 62% in dollars compared to 2008's fourth-quarter totals.
Existing Homes Sales Surge in Third Quarter
Washington, DC, Nov. 10, 2009--Most states continued to experience rising existing-home sales in the third quarter, with prices moderating in many metro areas, according to the latest survey by the National Association of Realtors.
Multi-Family Sector Beginning To Improve
Washington, DC, Nov. 11, 2009--The multifamily sector of the housing market showed signs of improvement in the third quarter, according to the National Association of Home Builders.
Zeftron Gives First Sustainable Practices Award
Dalton, GA, Nov. 11, 2009--Zeftron nylon has named Paul Westbrook as the winner of first annual Zeftron nylon Sustainable Practices Award.
Artistic Tile Adopts Four Green Initiatives
Secaucus, NJ, Nov. 9, 2009--Nancy Epstein, founder and principal product designer of Artistic Tile, has adopted four ‘green’ initiatives to lowering the company's carbon footprint.
Survey Shows 5 Percent in Market for House
New York, NY, Nov. 11, 2009--Just one in 20 Americans say they plan to buy a home within the next year, according to a survey released Wednesday for Move.com.
Distributor Groups To Co-Locate 2010 Conventions
Chicago, IL, Nov. 11, 2009--The North American Association of Floor Covering Distributors and the North American Building Material Distribution Association will co-locate their respective 2010 conventions.