Foreclosures Begin Leveling Off in May
Irvine, CA, June 10, 2010--The number of mortgage holders facing foreclosure in May was slightly higher than a year ago but is lower than in April, 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.
Initial Jobless Claims Edge Down
Washington, DC, June 10, 2010--Initial jobless claims fell 3,000 to 456,000 in the week ended June 5, the Labor Department reported Thursday.
Congoleum Reorganization Plan Finally Approved
Mercerville, NJ, June 9, 2010--Congoleum said that its reorganization plan has been approved by the District Court of New Jersey and that the company should emerge from bankruptcy soon.
European Parquet Production off 20% Last Year
Moscow, Russia, June 9, 2010--The European Parquet Flooring Federation estimates that there was a 20% reduction in European parquet flooring production last year, according to Lesprom Network.
Hardwood Council Aids Selection Process
Pittsburgh, PA, June 9, 2010--The Hardwood Council aims to assist in the building materials selection process with a new reference document, “How Selecting Materials Impacts Our Lives – What to Consider for Material Selection.”
Wholesale Inventories, Sales Rise Again in April
Washington, DC, June 9, 2010--Wholesale inventories rose for a fourth straight month in April while sales rose for a 13th consecutive time, according to the Commerce Department.
Mortgage Application Volume Falls
Washington, DC, June 9, 2010--Mortgage application volume last week fell a seasonally adjusted 12% from the previous week, the Mortgage Bankers Association reported Wednesday.
Shaw Rolls Out Epic Hardwood Promotion
Dalton, GA, June 9, 2010--Shaw Industries has rolled out what it calls The Epic Service Commitment.
Economic Woes KO UK's Top Flooring Show
Birmingham, England, June 9, 2010--The National Floor Show, the top flooring show in the UK, has been canceled and will now co-locate with Interiors 2011 in January.
Alexandria Carpet One Wins Service Award
Alexandria, VA, June 9, 2010--Alexandria Carpet One Floor & Home has been awarded the 2009 Angie’s List Super Service Award.