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.
Irvine, CA, Oct. 24, 2013 -- All-cash purchases nationwide represented 49% of all home sales in September, up from a revised 40% in August and up from 30% in September 2012, according to tracking firm RealtyTrac.
New York, NY, Oct. 24, 2013 -- Flooring industry analyst Stifel Nicolaus said that Lumber Liquidators' change in advertising strategy has helped the company's financial performance.
Washington, DC, Oct. 24, 2013 -- Initial jobless claims fell 12,000 to a seasonally adjusted 350,000, the Labor Department said.
New York, NY, Oct. 24, 2013 -- Horizon Floors has signed distributor Wanke Cascade to handle its Montage European Oak, 7-1/2" Wide Age Crafted Natural Oil European Oak Collection in the Pacific Northwest.
Dalton, GA, Oct. 23, 2013 -- Dalton-based carpet maker Engineered Floors has received the regional award for the deal of the year by the Georgia Economic Developers Association.
Toano, VA, Oct. 23, 2013 -- Lumber Liquidators reported that third quarter net income increased 58.4% to $20.4 million, or $0.73 per share from $12.9 million, or $0.46 per share, a year ago.
Washington, DC, Oct. 23, 2013 -- U.S. house price appreciation continued in August, with prices rising 0.3% on a seasonally adjusted basis from the previous month, according to the Federal Housing Finance Agency.
Washington, DC, Oct. 23, 2013 -- Mortgage application volume dropped slightly last week as decreased refinancing activity offset a slight rise in demand for purchase loans, according to the Mortgage Bankers Association.
Dalton, GA, Oct. 23, 2013 -- Shaw Industries was number 15 on Selling Power's 2013 list of the top 50 companies to sell for.
Washington, DC, Oct. 22, 2013 -- Construction spending rose 0.6% in August, the Commerce Department reported Tuesday.