Christy Schofield Named VP of Multifamily Solutions for FEI Group
Marietta, GA, April 28, 2021—Christy Schofield is joining FEI Group as vice president of multifamily solutions.
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.
Roger Tintner, Former President of CFA, Has Died
Chicago, IL, April 28, 2021—Roger Tintner, former president of the Chicago Floorcovering Association (CFA), died in March 2021 of complications due to Covid-19, according to San Diego Contractor News.
Concord Flooring Will Begin Fulfilling Orders in Late Spring
Corona, CA, April 28, 2021— Concord Flooring, located in Corona, California, has been building its new, state-of-the-art engineered hardwood flooring factory from the ground up, and after many delays, the factory is set to start fulfilling customer requests in late spring.
Mortgage Applications Declined 2.5% in Fourth Week of April
Washington, DC, April 28, 2021—Mortgage applications decreased 2.5% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending April 23, 2021.
Marriott CEO Expresses "Measured Optimism" for Hospitality Rebound
Smithtown, NY, April 28, 2021—Marriott International CEO Anthony Capuano expressed ‘measured optimism’ on the current state of the U.S. lodging industry and a potential rebound, while acknowledging there is still some ‘heavy lifting’ for hoteliers to do, reports Hotel Interactive.
Home Prices Rose 12% YOY in February, Says Case-Shiller
New York, NY, April 27, 2021—Home prices made a 12.0% annual gain in February, up from 11.2% in the previous month, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions.
U.S. Poised for Rebound as Vaccination Rates Increase
New York, NY, April 27, 2021-After the worst year for the global economy since the Great Depression, the U.S. is set to lead a vigorous rebound in the West as mass vaccination against Covid-19 propels a return to more or less normal life, reports the Wall Street Journal.
Minorities & Student Debt Holders Buy Cheaper Homes, Build Less Wealth
Washington, DC, April 27, 2021-Minorities and student debt holders purchased lower-priced homes when compared to white Americans and buyers without student debt, according to research conducted by Jessica Lautz, NAR vice president of demographics and behavioral insights, and Michael White, Nottingham Trent University professor and director of the Centre of the Built Environment.
Mall Traffic Steadily Returning
New York, NY, April 27, 2021-Vaccinated shoppers are heading back to the mall, offering hope that the worst of the pandemic downturn is over for this beleaguered industry, reports the Wall Street Journal.
Registration for NWFA Wood Flooring Expo Now Open
St. Louis, MO, April 27, 2021-The National Wood Flooring Association (NWFA) has announced that registration now is open for the 2021 NWFA Wood Flooring Expo, being held July 7 to 9 in Orlando, Florida at the Orlando Convention Center.