Pending Home Sales Decline in September
Washington, DC, Oct. 27, 2011 -- Pending homes sales unexpectedly fell in September, 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.
Bamboo Hardwoods Gets New Owner, Strategy
Seattle, WA, Oct. 27, 2011 -- Flooring firm Bamboo Hardwoods said it is closing its retail operations and becoming exclusively a wholesaler of bamboo flooring and related products.
Initial Jobless Claims Tick Lower
Washington, DC, Oct. 27, 2011 -- Initial claims for unemployment benefits fell slightly last week, according to the Labor Department.
Interface Names Hendrix Chairman of Board
Atlanta, GA, Oct. 27, 2011 -- Interface announced that Daniel T. Hendrix has been elected Chairman of the board of directors.
Homebuilder Pulte Narrows Loss in Third Quarter
Bloomfield Hills, MI, Oct. 27, 2011 -- PulteGroup Inc , the second largest U.S. homebuilder, reported a third-quarter net loss of $129.3 million, or $0.34 a share, compared with loss of $995.1 million, or $2.63 a share, a year ago.
InterfaceFlor in European Recycling Arrangement
The Netherlands, Oct. 27, 2011 -- Modular flooring manufacturer InterfaceFlor has signed a pan-European carpet-tile recycling agreement with waste management specialist SITA.
New Home Sales Pace Hits Six-Month High
Washington, DC, Oct. 26, 2011 -- New home sales sales increased 5.7% to a seasonally adjusted 313,000-unit annual rate, the Commerce Department said.
Boomers Less Likely To Move in Retirement
Washington, DC, Oct. 26, 2011 -- Baby boomers are more inclined to stay in their current homes rather than move for retirement, according to a new poll by the Associated Press.
Mortgage Applications Rebound
Washington, DC, Oct. 26, 2011 -- Mortgage application volume rose last week, offsetting some of the steep decline a week before, according to the Mortgage Bankers Association.
Marazzi Tile Featured on 'I Hate My Bath' Show
Sunnyvale, TX, Oct. 26, 2011 -- Tile maker Marazzi’s Stone Collection porcelain is being featured on the DIY Network’s I Hate My Bath show in November.