Home Sales Spike in California on Easier Loans
Los Angeles, CA, May 21, 2008--Bargain hunters were active and loans were easier to obtain as home sales in California jumped nearly 27 percent from March to April.
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.
FLOR, Stewart, Design Line of Carpet Tile
Elmhurst, IL, May 21, 2008--Martha Stewart was welcomed by a thousand designers, buyers and business owners as her interview with interior designer Stephen Sills opened the first High Point Furniture Market event of the year.
Mortgage Applications Fall as Rates Rise Slightly
Washington, DC, May 21, 2008--Mortgage applications last week dropped a seasonally adjusted 7.8 percent, compared with the previous week, the Mortgage Bankers Association said.
Chandra Rugs Expanding at Atlanta Show
Atlanta, GA, May 21, 2008--Chandra Rugs will expand at AmericasMart during the July 13-16 Atlanta International Area Rug Market.
Home Depot Earnings, Sales Plummet
Atlanta, GA, May 20, 2008--The Home Depot reported first quarter net earnings of $356 million, or $0.21 per diluted share, compared with $1.0 billion, or $0.53 per diluted share, in the same period in fiscal 2007.
Wholesale Inflation Less Food, Energy Surges
Washington, DC, May 20, 2008--Wholesale inflation fell in April after a huge increase in March although prices for a number of items spiked higher.
Robina Signs Two Distributors
Kennesaw, GA, May 20, 2008--Robina Floors has signed a distribution agreement with T&G Hardwood.
Mohawk Sells Georgia Facility to US Floors
Atlanta, GA, May 19, 2008--Mohawk Industries Inc. has sold a 99,232 square foot building on 18.5 acres in Dalton, Georgia, to US Floors, LLC.
New Lab Tests Hard Surface Slip Resistance
Lynn, MA, May 19--Trusty-Step International, a manufacturer of slip-resistant floor chemicals, has opened a new tile testing laboratory.
Omnova Solutions Raising Prices on Latex
Fairlawn, OH, May 19, 2008 – Omnova Solutions will raise prices $0.04 per dry pound on styrene butadiene latex for carpet and related markets effective June 16.