Cash Buyers of Homes on the Rise
Orlando, FL, Nov. 13, 2012 -- All-cash buyers have surged since the housing downturn while the typical amount of time it takes to sell a home is shrinking, 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.
NAR Economist Sees 15% Price Rise Ahead
Orlando, FL, Nov. 12, 2012 -- National Association of Realtors Chief Economist Lawrence Yun predicts that home prices will increase 15% over the next three years.
Dual Income Households Driving Housing Market
Orlando, FL, Nov. 12, 2012 -- Dual income households are comprising a greater portion of the housing market and helping sales recover, according to an annual study by the National Association of Realtors.
Commercial Real Estate Recovery Still Slow
Orlando, FL, Nov. 12, 2012 -- Despite the residential real estate market showing signs of progress and the economy steadily improving, the commercial market continues to recover at a sluggish pace.
Ardex Canada Opens Technical Training Center
Aliquippa, PA, Nov. 12, 2012 -- Ardex Canada held the grand opening of the Ardex Canadian Training Academy, a new technical training center in Mississauga, Ontario.
Dixie Group Swings to Third Quarter Profit
Chattanooga, TN, Nov. 9, 2012 -- The Dixie Group reported third quarter net income of $102,000, or $0.01 per share compared with net loss of $43,000, or $0.00 per share, for the year-earlier period.
Consumer Sentiment Hits Five-Year High
Ann Arbor, MI, Nov. 9, 2012 -- Consumer sentiment jumped in November, according to the preliminary reading of the University of Michigan/Thomson Reuters consumer-sentiment index.
Wholesale Inventories Rise More Than Expected
Washington, DC, Nov. 9, 2012 -- U.S. wholesale inventories rose at the fastest pace this year in September, according to the Commerce Department.
Builder Confidence in Senior Market Improves
Washington, DC, Nov. 9, 2012 -- Builder confidence in the senior housing market for single-family homes showed significant improvement in the third quarter of 2012 compared to the same period a year ago.
Deer Runs Amok in Carpet Store
Castle Shannon, PA, Nov. 9, 2012 -- A deer ran wild in a local carpet store, terrifying an employee.