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.

KB Homes Reports Q4 Results

KB Homes Reports Q4 Results

Los Angeles, CA, January 10, 2019—KB Homes reported a net income increase of 15% YOY for Q4 2018 and a revenue decrease of 4%. Home deliveries increased slightly, while the average selling price fell 5% to $395,200.

Lower Mortgage Rates May Boost Housing Market

Lower Mortgage Rates May Boost Housing Market

New York, NY, January 9, 2019-Mortgage rates have fallen to around their lowest levels in eight months, according to a report by the Wall Street Journal. This may offer a potential boost to the housing market.