Foreclosures Continue To Rise
Irvine, CA, Aug. 12, 2010--The number of homes lost to foreclosure grew in July, according to tracking firm RealtyTrac.
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.
CRI To Begin Testing Pet Stain, Odor Products
Dalton, GA, Aug. 12, 2010--The Carpet and Rug Institute is accepting product submissions for testing in its newly-implemented Pet Stain and Odor Removal category.
EcoWorx Installations Pass 1 Billion Square Feet
Dalton, GA, Aug. 12, 2010--One billion square feet of EcoWorx-backed carpet tile has now been installed in more than 222,000 projects across 80 countries, Shaw Industries said.
Retail Sales Weak in June, Mastercard Says
New York, NY, Aug. 12, 2010--U.S. retail sales rose 0.1% last month from June, according to MasterCard Advisors' SpendingPulse, which estimates spending in all forms including cash.
Mortgage Rates Hit Multi-Decade Lows
Washington, DC, Aug. 12, 2010--Mortgage rates fell to the lowest level in decades this week, according to mortgage buyer Freddie Mac.
Initial Jobless Claims Edge Higher
Washington, DC, Aug. 12, 2010--Initial jobless claims rose 2,000 to 484,000 in the week ended Aug. 7, reaching the highest level since February, the Labor Department said.
EcoTimber's Woven Poplar Wins Green Award
Denver, CO, Aug. 12, 2010--Sustainable Industries has named EcoTimber Woven Recycled Poplar as one of its 2010 Top 10 Green Building Products award winners.
Americans Growing More Sour on Economy
New York, NY, Aug. 12, 2010--Americans are growing more pessimistic about the economy, according to a new Wall Street Journal/NBC News poll.
NWFA Begins Approved Product Program
St. Louis, MO, Aug. 11, 2010--The National Wood Flooring Association has started a voluntary Accepted Product Program for its members to help market their products.
Despite Record Rates, Mortgage Applications Flat
Washington, DC, Aug. 11, 2010--Mortgage application volume rose by less than 1% in the first week of August, even as 30-year loan rates fell to 4.57%, the lowest in 20 years of record keeping by the Mortgage Bankers Association.