Home Prices Plummet on Fewer High End Sales
Washington, DC, May 13, 2008--Single-family home prices in the first quarter fell by the largest year-over-year amount since at least 1982, according to the National Association of Realtors.
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.
Solutia Expanding Resin Production
St. Louis, MO, May 14, 2008--Solutia plans to expand its resin capacity for the third time in two years.
WFCA In Aggressive Awareness Campaign
Anaheim, CA, May 14, 2008--Through ongoing and aggressive initiatives designed to increase floor covering awareness, the World Floor Covering Association (WFCA) said it is reaching target consumers in record numbers.
Mortgage Applications Rise on More Refinancing
Washington, DC, May 14, 2008--Mortgage applications rose for a second consecutive week as home refinancing activities increased while interest rates dropped, according to the Mortgage Bankers Association.
Oil Price Hits a Record Tuesday on Iran Rumors
Vienna, Austria, May 14, 2008--Concerns that Iran may cut oil production sent oil to a record price of nearly $127 per barrel yesterday.
Retailer Wins Harley at Coverings Giveaway
Orlando, FL, May 14, 2008--Attending Coverings for the first time was a lucky move for retailer Matt Vann.
CARE Diverted 296 Million Pounds of Carpet in '07
Clearwater Beach, FL, May 12, 2008—Carpet America Recovery Effort (CARE) said it diverted 296 million pounds of old carpet from landfills last year, with 275.1 million pounds being recycled.
Milliken Donating Carbon Credits to CARE Event
Dalton, GA, May 14, 2008--Milliken & Company will donate carbon dioxide credits to neutralize the carbon impact of the sixth annual Carpet America Recovery Effort (CARE) conference held last week.
Starnet Names New Board of Directors
Darien, CT, May 13, 2008--Starnet recently named its new board of directors.
Gerflor Again Supplying Flooring at Olympic Games
Chicago, IL, May 13, 2008--Gerflor Taraflex, a supplier of PVC-based synthetic indoor sports flooring, is bringing its expertise to the Olympics in Bejing, China this summer.