Pending Home Sales Rose 1.6% in February
Washington, DC, March 28, 2024-The Pending Home Sales Index rose 1.6% to 75.6 in February, according to the National Association of Realtors.
Today's Flooring News
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Q4 GDP Increased to 3.4% in Third Estimate
Washington, DC, March 28, 2024-Real gross domestic product (GDP) increased at an annual rate of 3.4% in Q4 2023, according to the third estimate released by the Bureau of Economic Analysis.
Initial Jobless Claims Declined by 2,000 in Week Ending March 23
Washington, DC, March 28, 2024-In the week ending March 23, the advance figure for seasonally adjusted initial claims was 210,000, a decrease of 2,000 from the previous week's revised level, according to the Department of Labor.
Nashville Suburb One The South's Most Costly Residential Communities
New York, NY, March 28, 2024—"Just south of Nashville in Middle Tennessee is Williamson County, home to famous musicians and others in the music business. The county has a handful of communities, from bigger cities, like its hub, Franklin, with about 86,000 people, to smaller unincorporated areas with populations in the hundreds,” reports the Wall Street Journal.
Mortgage Applications Declined 0.7% in Week Ending March 22
Washington, DC, March 27, 2024-Mortgage applications decreased 0.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 22, 2024.
CARE Offers Assistance to Recyclers
Dalton, GA, March 27, 2024-Due to the impact of difficult market conditions on the economics of recycling, CARE has taken the following actions to help its carpet recyclers:
CalRecycle Names New Carpet Advisory Committee Members
Sacramento, CA, March 27, 2024--The Carpet Stewardship Law requires the director of CalRecycle to appoint a carpet advisory committee.
Coverings Announces Earth Day Activities
Atlanta, GA, March 27, 2024––Coverings, North America’s largest international tile and stone exhibition and conference, has released a curated selection of sustainability-centric show activities to commemorate Earth Day, April 22, and celebrate the first day of Coverings 2024, taking place April 22 to 25 at the Georgia World Congress Center (GWCC) in Atlanta, Georgia.
Jim Mahaffey Named a Divisional VP for Southwind
Dalton, GA, March 27, 2024—Southwind Floors announced that Jim Mahaffey has been chosen to be the divisional vice president for the Northeast region of the Southwind sales team.
Home Prices Rose 6% in January, Says Case-Shller
New York, NY, March 26, 2024—Home prices made a 6.0% annual gain in January, up from a 5.6% rise 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.