Jobless Claims Fell 12,000 Last Week
Washington, DC, October 11, 2007—Jobless fell by 12,000 to 308,000 for the week ended October 6, according to the Labor Department.
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.
Foreclosures Up 99% from Last Year
Irvine, CA, October 11, 2007—RealtyTrac released its September 2007 Foreclosure Market Report, which shows a total of 223,538 foreclosure filings, default notices, auction sale notices and bank repossessions reported during September.
NAR: Mortgage Market Improving
Washington, DC, October 10, 2007--Conditions in the mortgage market are improving for consumers, which should help to release some pent-up demand in early 2008, according to the latest forecast by the National Association of Realtors.
Coverings’ Online Registration Opens Nov.12
Alexandria, VA, October 11, 2007--Online registration for 2008 Coverings will be accessible starting Monday, November 12, six months out from the April 29th-May 2nd international tile and stone exposition and conference.
EcoTimber Offers Formaldehyde-Free Bamboo
San Rafael, CA, October 9, 2007--EcoTimber said it is the first flooring company in North America to offer bamboo flooring made with formaldehyde-free adhesives as a standard product.
LG Floors Donates Televisions to Greenbuild Show
Englewood Cliffs, NJ, October 9, 2007--LG Floors is donating 22 television sets to Greenbuild 07, the premiere conference and expo dedicated to green building, sponsored by the US Green Building Council (USGBC).
Interstate Expands the Gallery
St. Louis, MO, October 9, 2007--The Interstate Family of Companies, through its Case Supply and AMC Tile Supply companies, has opened two new showrooms.
The 25th Cersaie Sets Attendance Records
Bologna, Italy, October 9, 2007-- Cersaie, the International exhibition of ceramic tiles and bathroom furnishings held from October 2-6 in Bologna, celebrated its silver anniversary with three new records.
Robina Adds Classic Tile and Design Distributing
Kennesaw, GA, October 9, 2007--Robina Floors has signed a distribution agreement with Classic Tile, the distributor of “everything except carpet,” to handle its engineered hardwood floors
Mortgage Apps Up Last Week
Washington, DC, October 10, 2007--Mortgage applications were up 2.4% for the week ending October 5, according to the Mortgage Bankers Association weekly survey.