Apartment Vacancies Rise, Rents Fall in Q1
New York, NY, April 9, 2009--U.S. apartment rents fell in the first quarter and the vacancy rate rose to a five-year high, said real estate market analysis firm Reis Inc.
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.
Azrock by Tarkett Now Features ecoScorecard
Houston, TX, April 9, 2009--Azrock by Tarkett is the latest flooring company to use the web-based green building calculator, ecoScorecard.
Rouse Representing Universal Fibers
Bristol, VA, April 9, 2009--David Rouse, principal of Rouse Enterprises, will represent Universal solution dyed industrial yarn products in the U.S. and Canada for Universal Fibers.
Architectural Systems To Distribute for Wicanders
Hanover, MD, April 9, 2009--Amorim Flooring North America has appointed Architectural Systems, Inc. (ASI) as a distributor in the commercial segment of Wicanders cork flooring.
FloorCo Recognized for Efforts by NARI
Milwaukee, WI, April 9, 2009-- FloorCo, a direct-to-the-trade flooring wholesaler, was the recipient of the 2008 distributor of the year national achievement award presented by National Association of the Remodeling Industry.
Affordability of New Homes Increasing Traffic
Washington, DC, April 8, 2009--Thanks to record low mortgage rates and declining home prices, 55 million families can afford today’s $200,000 median-priced new home, according to figures released by the National Association of Home Builders.
Pulte Homes Buying Centex in $1.3 Billion Deal
Bloomfield Hills, MI, April 8, 2009--Pulte Homes, Inc. and Centex Corporation are merging in a stock-for-stock transaction valued at $1.3 billion, including $1.8 billion of net debt.
Mohawk Unveils Ad Campaign for SmartStrand
Dalton, GA, April 8, 2009--On the heels of a Federal Trade Commission ruling that allows PTT to be reclassified as a subclass of carpet fiber called "triexta," Mohawk has rolled out a new ad campaign for its SmartStrand carpet.
Mortgage Applications Up Despite Higher Rates
Washington, DC, April 8, 2009--Mortgage applications filed last week rose a seasonally adjusted 4.7%, increasing even as interest rates rose from the week before, the Mortgage Bankers Association said Wednesday.
U.S. Hardwood Exports To China Fall
Shanghai, China, April 8, 2009--The hardwood market in China may remain weak this year due to the global financial crisis, according to the American Hardwood Export Council (AHEC).