NAR Announces Top Ten Commercial Real Estate Markets for 2021
Washington, DC, March 22, 2021-The National Association of Realtors identified the top ten commercial real estate markets for 2021.
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.
Existing-Home Sales Down 6.6% in February
Washington, DC, March 22, 2021-Total existing-home sales, completed transactions that include single-family homes, townhomes, condominiums and co-ops, decreased 6.6% from January to a seasonally-adjusted annual rate of 6.22 million in February, according to the National Association of Realtors.
Välinge Partners w/ Ping Pong Champ to Launch Hardwood in Asia
Viken, Sweden, March 22, 2021-Välinge Flooring team up with Swedish table-tennis legend J-O Waldner to launch a real wood floor to the Asian market.
Demand for Apartments Surging in New York as City Reopens
New York, NY, March 19, 2021-A full year into the pandemic, New York City landlords are securing new leases at a rapid clip as depressed prices appear to be luring back-or holding on to-tenants willing to sign for the right deal, reports Forbes.
Mohawk Momentum Roadshow to Hold Last Event in Las Vegas in June
Calhoun, GA, March 19, 2021-The Mohawk Momentum Roadshow will end at The International Surfaces Event, taking place June 16 to June 18 at the Mandalay Bay Convention Center.
Bud Meberg of Consolidated Carpet Has Died
New York, NY, March 19, 2021-Thomas “Bud” Meberg, an owner of Consolidated Carpet, 79, died March 12, 2021.
U.S. Port Jams Expected to Continue into Summer
New York, NY, March 19, 2021—Logjams at U.S. ports are spreading beyond Southern California’s choked gateways, and shipping officials are projecting the backups will continue into the summer, reports the Wall Street Journal.
Google to Invest Heavily in Office Space Post-Pandemic
New York, NY, March 19, 2021—Google says it is doubling down on the office, reports the Wall Street Journal.
Tufco Flooring Sponsoring Race Car
Siloam Springs, AR, March 19, 2021—Tufco Flooring will be on the No.78 B.J. McLeod Motorsports Chevy Camaro this weekend, piloted by Jesse Little at the Nascar Xfinity race at the Atlanta Motor Speedway, according to the Speedway Digest.
Millennials Account for Largest Share of Homebuyers at 37%
Washington, DC, March 18, 2021-The popularity of multigenerational homes increased over the last year, as a rising number of homebuyers purchased larger residences compared to prior years, including millennials who continue to make up the largest share of homebuyers at 37%.