Builder, Developer Loans Face Pressure, FDIC Says
Washington, DC, March 5, 2008--The number of loans to homebuilders and other developers that are past due has reached the highest level since the early 1990s.
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Carpet Store Sues Over Video Review of Job
Salt Lake City, UT, March 6, 2008--A Salt Lake City carpet business is upset over a disgruntled customer's online review on You Tube.
Most Carpet Cleaning Products No Better Than Water
Dalton, GA, March 5, 2008--The top issue raised by customers who don’t buy carpet is that it is hard to clean, says Werner Braun, president of the Carpet and Rug Institute trade group.
Demand for Manufactured Goods Drops Sharply
Washington, DC, March 5, 2008—New orders for manufactured goods fell 2.5 percent in January compared to December.
Mortgage Refinancing Picks Up Week of Feb. 29
Washington, DC, March 5, 2008 — Mortgage applications increased 3 percent for the week ending Feb. 29, mostly on the strength of refinancing activity, according to the weekly survey by the Mortgage Bankers Association.
Bernanke Says Mortgage Crisis Will Continue
Washington, DC, March 4, 2008--Federal Reserve Chairman Ben Bernanke said the mortgage crisis isn’t over.
ASID Updates Website With Practical Information
Washington, DC, March 4, 2008 – The American Society of Interior Designers (ASID) has a redesigned website.
Retail Sales Indicators Show Lower Spending
Washington, DC, March 4, 2008 – Retail sales fell 0.6 percent the week ending March 1.
Hardwood Firm Starts DIY Green Blog
Stoddard, NH, March 5, 2008 -- Carlisle Wide Plank Floors has launched a new blog, Surface, for people who are thinking about renovating an existing home or building a new home.
Home Prices Haven't Hit Bottom, Economists Say
Washington, DC, March 4, 2008--Home prices still have a way to decline and could fall 20 percent from their peak.