Fewer Homes for Sales in Major Markets
New York, NY, December 12, 2006--The number of homes listed for sale in 18 major metropolitan areas at the end of November was down 4 percent from a month earlier.
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 Concerned Over Commercial Lending Guidance
Washington, DC, December 11, 2006--The National Association of Realtors believes the parameters issued in the guidance of commercial real estate lending are overly prescriptive causing many banks, particularly smaller, regional banks, to be dissuaded from
ASCR Sets Plan for Growth
Columbia, MD, December 11, 2006--ASCR International, the restoration industry association’s board of directors, has adopted a new strategic plan to further direct the association’s growth.
Mannington Commercial Names Jones Director of Mark
Calhoun, GA, December 8, 2006--Jack Ganley, president, Mannington Commercial said the company has completed its executive management team with the addition of Natalie Jones to the post of director of marketing.
Homebuilders See Bottom in Early 2007
New York, NY, December 7, 2006--Executives of several of the largest homebuilders predicted that inventories would decline, and prices and home starts would rise, in the latter half of 2007.
Building Permits Surge in Canada
Ottawa, Ontario, December 6, 2006--The value of Canadian building permits unexpectedly surged 6.1 percent in October from September, reaching their second highest level on record.
ADP: Jobs Creation Up 158,000
Washington, DC, December 6, 2006--Private employers created 158,000 net new jobs in November, according to the ADP employment index released Wednesday.
Toll Brothers Expects '07 Earning to Drop 62%
Horsham, PA, December 5, 2006--Luxury home builder Toll Brothers said next year's annual earnings may fall up to 62%, but the company also raised hopes that it's seen a turn in the housing market.
Formica Flooring Rolls Out Spacesaver Display
Barnwell, SC, December 4, 2006--Formica Flooring has built a display of strength: At just six-feet wide, the fully-lit Spacesaver display packs a powerful punch, combining quality, style and efficiency while showcasing the entire Formica Flooring product
Entries Wanted for AmericasMart Magnificent Carpet
Atlanta, GA, December 4, 2006--America’s Magnificent Carpets Awards--the Academy Awards of the area rug industry and long considered the industry’s most coveted honor--has issued its 2007 Call for Entries.