Commercial Market Improves Despite Credit Issues
Washington, DC, May 23, 2012 -- National Association of Realtors Chief Economist Lawrence Yun presented a modest and hopeful outlook for the commercial real estate market last week.
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.
Low Mortgage Rates Boost Refinancing
Washington, DC, May 23, 2012 -- Mortgage applications increased 3.8% last week from the previous week, according to the Mortgage Bankers Association.
April Existing Home Sales Higher Than Expected
Washington, DC, May 22, 2012 -- Sales of existing homes rose 3.4% in April and distressed activity declined, according to the National Association of Realtors.
Two New Standards Address Floor Traction
Southlake, TX, May 22, 2012 -- The National Floor Safety Institute has published two new standards regarding slip-and-fall prevention.
Aquafil's Solar Installation Completed
Cartersville, GA May 22, 2012 -- Radiance Solar said it has completed one of Georgia’s largest solar photovoltaic installations at Aquafil USA headquarters.
Wood Gets Attention of Domotex Asia Visitors
Shanghai, China, May 22, 2012 -- Domotex asia/Chinafloor expanded from nine halls to 11 this year, adding 20,000 square meters of space, according to show organizers.
Investigators Examining Dalton Chemical Accident
Dalton, GA, May 22, 2012 -- Investigators are trying to determine whether hundreds of pounds of compounds that spewed from a Dalton chemical plant reactor Monday morning could contaminate the local water supply.
Housing Affordability Hits New Record High
Washington, DC, May 21, 2012 -- Nationwide housing affordability hit a new record high for a second consecutive quarter in the first three months of this year.
Economists See Improving Jobs, Housing Markets
Washington, DC, May 21, 2012 -- Economists are growing a little more optimistic about recovery in the job and housing markets, according to a surevey by the National Association for Business Economists.
Lowe's Reports Higher Sales, Earnings
Mooresville, NC, May 21, 2012 -- Home center operator Lowe's Companies reported first quarter net earnings of $527 million, a 14.3% increase over the same period a year ago.