Foreclosures Fall Sharply in Third Quarter
Irvine, CA, Oct. 25, 2012 -- Foreclosures declined in 62% of the nation's largest metropolitan areas in the third quarter, according to tracking firm RealtyTrac.
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.
Fed Says It Will Continue With Stimulus Plan
Washington, DC, Oct. 25, 2012 -- The Federal Reserve on Wednesday said it will continue with its stimulus plan until the job market improves, although it acknowledged some parts of the economy were improving.
Durable Goods Orders Rise in September
Washington, DC, Oct. 25, 2012 -- Durable goods orders surged in September, the Commerce Department said.
New Home Sales Surge in September
Washington, DC, Oct. 24, 2012 -- New single-family home sales rose in September to their highest level in nearly 2-1/2 years, according to the Commerce Department.
Lumber Liquidators' Net Income Surges in Q3
Toano, VA, Oct. 24, 2012 -- Lumber Liquidators reported third quarter net income of $12.9 million or $0.46 per share, up 91.3% over a year ago.
Federal House Price Index Highest in Six Years
Washington, DC, Oct. 24, 2012 -- The Federal Housing Finance Agency said its House Price Index increased by 0.7% on a seasonally adjusted basis in August compared to July.
Regional AIA Presents Milliken Legacy Award
Spartanburg, SC, Oct. 24, 2012 -- The South Atlantic Region of the American Institute of Architects presented its inaugural Roger Milliken, Honorary AIA Legacy Award posthumously to former Milliken CEO, Roger Milliken.
Tennant Earnings, Sales Fall in Quarter
Minneapolis, MN, Oct. 24, 2012 -- Tennant Company reported third quarter net earnings of $8.7 million, or $0.46 per share, on net sales of $178.3 million.
Mortgage Application Volume Falls
Washington, DC, Oct. 24, 2012 -- Mortgage application volume fell sharply last week, according to the Mortgage Bankers Association.
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.