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.
Washington, DC, July 11, 2023—Amid a significant shortage of housing supply in 2022, 32% of Realtors named a lack of inventory as the most important factor limiting potential clients from making a purchase, according to the National Association of Realtors' 2023 Member Profile.
Washington, DC, July 11, 2023—The NFIB Small Business Optimism Index increased 1.6 points in June to 91.0, however, it is the 18th consecutive month below the 49-year average of 98.
Mountville, PA, July 11, 2023—AHF Products has introduced a U.S.-made luxury vinyl line, Armstrong Flooring’s American Personality PRO.
Washington, DC, July 11, 2023-"If you’ve ever watched a home makeover show on HGTV, you know the key ‘before’ sequence. It’s when the camera critically pans over the house and the host points out everything that needs to be fixed. The decor? Cluttered. The paint? Cringe. The overall takeaway is that the home is an utter embarrassment and needs a total overhaul before anyone of taste would consider putting a doormat out front,” reports the Washington Post.
Atlanta, GA, July 10, 2023-Diverzify, which specializes in commercial flooring installation and interior services, has announced that Apex Group and Corporate Floors have officially joined Diverzify’s network of brands, effectively elevating the enterprise’s surface care and facility services to a national offering available at all of Diverzify’s 50+ locations.
Washington, DC, July 10, 2023-Nationwide, rents declined 1% from a year earlier in May-the largest drop since 2020- as a building boom increased supply and economic uncertainty cooled demand, reports Redfin.
Rockwell, TX, July 10, 2023-Advanced Flooring Technologies (AFT) has completed its first two-week session of a new 3-Phase Installer Course developed by Robert Varden for new installers.
Round Top, TX, July 10, 2023—Eco Material Technologies and Hive 3D have announced what they claim is the first community of homes built using additive construction with near zero-carbon cement, reports Daily Commercial News.
New York, NY, July 7, 2023-"The average long-term U.S. mortgage rate climbed to a new high for the year this week, pushing up borrowing costs for homebuyers already facing heightened competition in a housing market short on homes,” reports the Associated Press.
Richmond, VA, July 7, 2023—LL Flooring Holdings announced three new leadership team appointments, all effective July 10.