Mortgage Woes Hit High-End Properties
Washington, DC, Dec. 17, 2009--Relatively rich U.S. homeowners are having mortgage problems just like many other Americans.
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.
Design Materials Expanding in Southwest
Pasadena, CA, Dec. 17, 2009--Design Materials, a California-based commercial flooring firm, has announced that it is expanding into Arizona and New Mexico.
New Home Buyers Like Smaller Footprint
New York, NY, Dec. 17, 2009--New home buyers are opting for a smaller footprint, according to the National Association of Home Builders.
Unilin NC Job Creation Clause To Be Reviewed
Thomasville, NC, Dec. 17, 2009--The Thomasville City Council is expected next week to consider waiving Unilin Flooring's minimum job creation clause for 2010.
Initial Jobless Claims Edged Up Last Week
Washington, DC, Dec. 17, 2009--Initial jobless claims rose unexpectedly last week, the Labor Department said.
Housing Starts, Permits, Up in November
Washington, DC, Dec. 16, 2009--Housing starts in November increased 8.9 percent to a seasonally adjusted annual rate of 574,000 units, according to the Commerce Department.
Architecture Billings Index Falls in November
Washington, DC, Dec. 16, 2009--The Architecture Billing Index, a leading indicator of U.S. nonresidential construction spending, fell in November, as continued tight credit pressures demand for design services.
Stimulus Funds Slow To Hit Construction Industry
Washington, DC, Dec. 16, 2009--Stimulus funds that have been earmarked to make government buildings more energy efficient are slowly being released by the General Services Administration.
Berrier Named Senior VP at Mohawk Group
Marietta, GA, Dec. 15, 2009--Bobby Berrier has been appointed senior vice president of commercial product management for the Mohawk Group.
Home Builder Index Falls Unexpectedly in December
Washington, DC, Dec. 15, 2009--U.S. home builders' housing market index fell to 16 in December from 17 in November, the National Association of Home Builders reported Tuesday.