Atlanta Developer To Head Fannie Mae
Atlanta, GA, Feb. 27, 2014 -- Atlanta developer Egbert Perry has been named the next chairman of Fannie Mae, the government-backed mortgage agency.
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.
Beaulieu Call Center Unaffected by Weather
Dalton, GA, Feb. 27, 2014 -– The Beaulieu of America call center remained operational through all the recent severe winter weather in North Georgia, even as many employees had to stay home.
New Single-Family Home Sales Surge
Washington, DC, Feb. 26, 2014 -- Sales of new single-family rose 9.6% in January to a seasonally adjusted annual rate of 468,000, the fastest pace in more than five years, according to the Commerce Department.
Lowe's Reports Higher Earnings, Sales in Q4
Mooresville, NC, Feb. 26, 2014 -- Home improvement retailer Lowe's reported net earnings of $306 million for the fourth quarter, a 6.3% increase over the same period a year ago.
Mortgage Application Volume Falls Last Week
Washington, DC, Feb. 26, 2014 -- Mortgage purchase applications last week fell to the lowest level in nearly 20 years, according to the Mortgage Bankers Association.
Brintons Signs Designer Virginia Langley
Kennesaw, GA, Feb. 26, 2014 -- Carpet firm Brintons has signed an agreement with designer and artist Virginia Langley.
House Prices Rise in December at Slower Pace
New York, NY, Feb. 25, 2014 -- The S&P/Case-Shiller index of property values in 20 major cities rose 13.4% from December 2012.
Toll Brothers Income, Sales Surge in Quarter
Horham, PA, Feb. 25, 2014 -- Luxury homebuilder Toll Brothers reported first quarter net income was $45.6 million, or $0.25 per share, compared to net income of $4.4 million, or $0.03 per share, a year ago.
Home Depot Earnings, Sales Edge Down in Q4
Atlanta, GA, Feb. 25, 2014 -- Home Depot Inc. said that fourth-quarter net income fell 0.8% to $1.01 billion, or $0.73 a share, from $1.02 billion, or $0.68 a share, a year earlier
House Prices Rise 10 Consecutive Quarters
Washington, DC, Feb. 25, 2014 -- Home prices rose 1.2% in the fourth quarter of 2013, according to the Federal Housing Finance Agency House Price Index.