Pending Home Sales Surge on Rates, Low Prices
Washington, DC, Oct. 8, 2008--Pending home sales activity surged as buyers took advantage of low home prices and affordable interest rates, according to the National Association of Realtors.
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, Europe, Coordinate on Emergency Rate Cut
Washington, DC, Oct. 8, 2008--The Federal Reserve, along with other global central banking authorities, cut a key U.S. interest rate by half a percentage point Wednesday.
Mortgage Applications Up But Well Short of 2007
Washington, DC, Oct. 8, 2008--Mortgage applications rose a seasonally adjusted 2.2 percent compared with the week before, according to the Mortgage Bankers Association, as interest rates on fixed-rate mortgages decreased.
Consumers Holding on Tight to Extra Cash
New York, NY, Oct. 8, 2008--Consumers held on to their money in September, sticking to buying the bare-bone essentials.
Tandus Gets Georgia Waste Management Award
Dalton, GA, Oct. 7, 2008--Tandus is being recognized by The Georgia Chapter of the Air & Waste Management Association with its 2008 Company Environmental Award.
Mohawk Changes Ad Agencies
Dalton, GA, Oct. 8, 2008--Cramer-Krasselt of Milwaukee has been named the agency of record for Mohawk Industries Inc.
Green Home Construction Gaining Traction
New York, NY, Oct. 7, 2008--McGraw-Hill Construction and the National Association of Home Builders National Green Building Program, released the full update to its 2006 study with 2008 green home building data.
Karastan Manufacturing Now ISO 14001 Certified
Dalton, GA, Oct. 7, 2008—Karastan said that its manufacturing plant in Eden, NC is ISO 14001 certified with the International Organization for Standardization.
NWFA Taking Registration for 2009 Expo
St. Louis, MO, Oct. 7, 2008--Registration is now available online at nwfa.org for the National Wood Flooring Association's 24th Annual Wood Flooring Expo and Education Conference.
Bliss by Beaulieu Giving Away 'Free Bliss'
Dalton, GA, Oct. 6, 2008 — This fall, millions of consumers will be urged to visit their Bliss by Beaulieu dealer through the advertising headline “We’re Giving Away Free Bliss.”