Business Inventories Rise More Than Expected
Washington, DC, Nov. 14, 2012 -- U.S. business inventories rose more than expected in September, according to the Commerce Department.
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.
Karastan Expanding AmericasMart Showroom
Atlanta, GA, Nov. 14, 2012 -- Karastan said it will expand and remodel its AmericasMart flagship showroom to showcase a broader product mix in preparation for the Jan. 10-13 Atlanta International Area Rug Market.
Home Depot Reports Higher Quarterly Profit
Atlanta, GA, Nov. 13, 2012 -- Home Depot reported better-than-expected third quarter income.
Dobbs Mills Names Curtis Vice President
Dalton, GA, Nov. 13, 2012 -- Veteran textile designer Susan Curtis has been named vice president of product and marketing development for Dobbs Mills.
Analyst Cuts Lumber Liquidators to 'Sell'
New York, NY, Nov. 13, 2012 -- Analyst Stifel Nicolaus has cut its rating on Lumber Liquidators to sell, based on stock valuation.
Cash Buyers of Homes on the Rise
Orlando, FL, Nov. 13, 2012 -- All-cash buyers have surged since the housing downturn while the typical amount of time it takes to sell a home is shrinking, according to the National Association of Realtors.
NAR Economist Sees 15% Price Rise Ahead
Orlando, FL, Nov. 12, 2012 -- National Association of Realtors Chief Economist Lawrence Yun predicts that home prices will increase 15% over the next three years.
Dual Income Households Driving Housing Market
Orlando, FL, Nov. 12, 2012 -- Dual income households are comprising a greater portion of the housing market and helping sales recover, according to an annual study by the National Association of Realtors.
Commercial Real Estate Recovery Still Slow
Orlando, FL, Nov. 12, 2012 -- Despite the residential real estate market showing signs of progress and the economy steadily improving, the commercial market continues to recover at a sluggish pace.
Ardex Canada Opens Technical Training Center
Aliquippa, PA, Nov. 12, 2012 -- Ardex Canada held the grand opening of the Ardex Canadian Training Academy, a new technical training center in Mississauga, Ontario.