Remodeling Activity Rises Slightly in 3Q
Washington, DC, December 5, 2007 - Remodeling activity held up well during the third quarter, according to the National Association of Home Builder’s Remodeling Market Index.
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.
Home Foreclosures Soar on Subprime Woes
Washington, DC, December 6, 2007--Home foreclosures hit an all-time high in the third quarter, according to the Mortgage Bankers Association.
Empire Today Exits Windows, Siding, Gutters
Northlake, IL- December 6, 2007--Empire Today announces its 2008 Customer Focus Initiative - emphasizing next-day installation.
Kansas Lumber Company Buys Flooring Firm
Wichita, KS, December 6, 2007--A Wichita, Kansas lumber company has purchased an Edmond, Oklahoma-based flooring company
Shaw Distributing Zickgraf Hardwoods
Franklin, NC, December 6, 2007— Zickgraf Hardwood Flooring said that Shaw Industries will begin distributing its hardwood flooring.
Holiday Online Retail Spending Hits $14B
Reston, VA, December 6, 2007--More than $14 billion has been spent online during the holiday season to date.
Mixed-use Developments Growing in Popularity
Washington, DC, December 6, 2007—Homeowners are looking for neighborhoods and communities designed to include greater access to public transportation, recreation, commercial and entertainment options.
Hooker Furniture Third Quarter Earnings Up
Martinsville, VA, December 6, 2007--Hooker Furniture reported third-quarter earnings that rose as the company cut costs and as sales fell.
Evans of Tandus Gets Smrekar Award
Dalton, GA, December 4, 2007-– Paul Evans, director of technical services for Tandus, received the Joseph J. Smrekar Memorial Award at the Annual Meeting of the Carpet and Rug Institute
Mortgage Applications Surge, Could Be Deceiving
Washington, DC, December 5, 2007—An increase in financing activity caused mortgage applications in the U.S.to increase by the largest amount in more than three years, according to the Mortgage Bankers Association.