Mortgage Applications Down From Last Week
Washington, DC, Aug. 13, 2008--Mortgage application volume was down a seasonally adjusted 1.5 percent from the previous week, the Mortgage Bankers Association reported on Wednesday.
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.
Masland Opens Las Vegas Showroom
Mobile, AL, Aug. 13, 2008--Masland Carpets and Rugs has opened a permanent showroom at the Las Vegas World Market Center.
Remodeling Activity Sluggish, Smaller Jobs on Rise
Washington, DC, Aug. 12, 2008 -Residential Remodeling activity remained sluggish during the second quarter, according to the National Association of Home Builders’ Remodeling Market Index (RMI).
Greenberg Golf Tournament Set for Sept. 25
Manchester, NH, Aug. 13, 2008— CCA Global Partners will host the 2008 Alan Greenberg Golf Tournament for the Floor Covering Industry Foundation (FCIF) on Sept. 25.
Toll Brothers Cancellation Trend Encouraging
Horsham, PA, Aug. 13, 2008-- Luxury homebuilder Toll Brothers said that for the third quarter home building revenues were approximately $796.5 million, backlog was approximately $1.75 billion and net signed contracts were approximately $469.7 million.
Invista To Begin Largest Stainmaster Promotion
Kennesaw, GA, Aug. 12, 2008 – Invista is offering its biggest anniversary promotion ever for Stainmaster carpet.
Analyst Lowers Estimates for Home Depot
New York, NY, Aug. 13, 2008--Standard & Poor's analyst Michael Souers said he was lowering his second-quarter earnings estimate for The Home Depot Inc. because of an expected slowdown in same-store sales growth.
Retail Sales Fall in July, Weakest in Five Months
Washington, DC, Aug. 13, 2008-- Retail sales fell in July, the weakest performance in five months, according to the Commerce Department.
Nature Stone Makes Remodeling Magazine List
Bedford, OH, Aug. 13, 2008--Nature Stone, an epoxy/stone flooring and cabinetry company has been named to the Top 500 list of remodeling firms by Qualified Remodeling Magazine.
Q.E.P. Names New CFO
Boca Raton, FL, Aug. 12, 2008--Q.E.P. has named Richard A. Brooke to serve as chief financial officer.