Mortgage Application Volume Falls
Washington, DC, Oct. 24, 2012 -- Mortgage application volume fell sharply last week, according to the Mortgage Bankers Association.
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.
Kabus Named to CoMc Board of Directors
Omaha, NE, Oct. 24, 2012 -- CoMc LLC, the manufacturer of the Eclipse, Avaire and SnapStone Floating Flooring Systems, said that industry veteran Al Kabus has been named to its board of directors.
Armstrong Raising Solid Hardwood Prices
Lancaster, PA, Oct. 23, 2012 -- Armstrong said it will increase prices on all solid hardwood flooring by 6%, effective Dec. 17.
Propex Gets Patent for Yarn Technology
Chattanooga, TN, Oct. 23, 2012 -- Propex said it has been awarded a U.S. patent for the yarn manufacturing technology it uses in its proprietary EX3 line of lightweight carpet backings.
Home Values Rise in Third Quarter
Seattle, WA, Oct. 23, 2012 -- Home values rose 1.3% in the third quarter, the biggest gain since 2006, according to online real estate firm Zillow Inc.
Congoleum Wins Trenton Business Award
Trenton, NJ, Oct. 23, 2012 -- Resilient flooring maker Congoleum has been selected for the 2012 Best of Trenton Award in the Unsupported Plastic Floor/Wall Covering category by the Trenton Award Program.
Q.E.P. Makes Pair of Non-Flooring Acquisitions
Boca Raton, FL, Oct. 23, 2012 -- Q.E.P. Co. has made a pair of acquisitions outside the flooring industry.
Marazzi CEO Resigns, Sasso Named Director
Sunnyvale, TX, Oct. 22, 2012 -- Andrea Sasso, formerly managing director of Elica SpA, has been named managing director at tile maker Marazzi Group.
Tai Ping Promotes Gilbert to Creative Director
New York, NY, Oct. 22, 2012 -- Tai Ping has promoted Ginger Gilbert to global creative director for the company's commercial division as well as for its contract division and its Thailand-based subsidiary.
Home Buying Still Challenge for Many Households
New York, NY, Oct. 22, 2012 -- Median income households can afford median priced homes in just 14 out of the country’s 25 largest U.S. metropolitan areas, according to a report from Interest.com, a website published by Bankrate.