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.

Fannie Mae Sees Sharp Slowing in House Price Gains

Washington, DC, March 14, 2006--Mortgage finance giant Fannie Mae said house price increases should slow significantly in 2006, climbing just 3 percent instead of the double-digit rates recorded in recent years.

Study: Overpriced Housing Markets Grew in Q4

New York, March 13, 2006--According to analysis by Global Insight and National City Corp., the number of very overpriced housing markets grew in the last three months of 2005 from the prior quarter despite slowing demand and rising mortgage rates.

Illinois Opens Its First 'Green' School

Darien, IL, March 13, 2006--Southwest suburban Bolingbrook High School (BHS), in Valley View School District 365U, recently became the first public school in the state--and third high school nationwide--to be become LEEDCertified by the U.S. Green Buildin

New Florida Retailer Opens with Years of Experienc

Bradenton, FL, March 13, 2006--Only open about six months, Exclusive Floors and More may be the newest addition to the shopping center at Honore Avenue and University Parkway, but the staff isn't new to flooring, said co-owner Brian Jarvis.

MBA: GDP to Rebound

Washington, DC, March 13, 2006—According to the Mortgage Bankers Association forecast, incoming economic data over the past few weeks indicate a strong first-quarter rebound in GDP growth from the revised 1.6 percent annual rate of the fourth quarter.

Herregan Expands QuickStep Territory

Thomasville, North Carolina, March 9, 2006--One of QuickStep’s key distributors, Herregan Distributors, Inc., headquartered in Eagan, MN, has more than doubled its territory in recent months.

More Flooring America & Flooring Canada Award Winn

Manchester, NH, March 13, 2006--Flooring America and Flooring Canada presented their annual member awards for outstanding performance over the past year at their 2006 Winter Convention at the Hilton Hotel and Convention Center in Anaheim, CA, on March 11.