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.

NAR Launches Ad Campaign Against Mortgage Interest

Washington, DC, December 6, 2005--The National Association of Realtors today launched an advertising campaign warning that home values could drop significantly if the recommendations of a federal tax reform panel were implemented.

Search Keyword Prices Remain Steady

San Francisco, December 8, 2005--Amid all the talk about rising keyword prices, the Fathom Online Keyword Price Index indicates that November averages were virtually flat.

Factory Orders Up 2.2%

Washington, DC, December 6, 2005--Orders for factory goods increased 2.2% in October, more than reversing a decline in September, the Commerce Department estimated Tuesday.

Building Plastic and Patton Group Named LG Floors

Kenilworth, NJ, December 6, 2005--Innovision Flooring Corp., the U.S. distributor for LG Floors, announces its appointments of Building Plastic, Inc., of Texas, Wynco, New England, and the Patton Group of Northern California.

Sears 3Q Earnings Off on Costs

Hoffman Estates, Il, December 6, 2005--Sears Holdings said fiscal third-quarter profit slid as the costs of Kmart's combination with the Sears, Roebuck and Co., offset a sharp increase in sales.

Retail Rents to go Up, Vacancies Down in 2006

New York, NY, December 6, 2005--Retail vacancies will inch down to an average of 8.8 percent in 2006, and rent growth will gain momentum to 3.5 percent (from 2.5 percent this year), according to Marcus & Millichap's retail group.