New Home Sales Up Fifth Straight Month
Washington, DC, Sept. 25, 2009--New home sales in the U.S. posted a 0.7 percent increase last month, missing Wall Street expectations.
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.
FloorTek Show Presents Awards Tuesday
Dalton, GA, Sept. 25, 2009--One person and three companies were honored for their contributions to the flooring industry during the FloorTek trade show awards dinner Tuesday night.
Consumer Sentiment Highest Since Early 2008
Ann Arbor, MI, Sept. 25, 2009--Consumer sentiment improved in late September, according to the Reuters/University of Michigan index.
SnapLock Industries Awarded Two Patents
Salt Lake City, UT, Sept. 25, 2009- SnapLock Industries Inc. said it was awarded two U.S. patents for its DuraCourt and BounceBack sports surfaces.
Missouri Hardwood Flooring Mill For Sale
Birch Tree, MO, Sept. 25, 2009--Missouri Hardwood Flooring is expected to change ownership in the near future, according to the Howell County News.
Valinge Sues Granite Expo for Patent Infringement
Viken, Sweden, Sept. 25, 2009--Välinge has filed a lawsuit for patent infringement against Granite Expo & Co. Inc, Granite Expo Installation Co Inc., Granite Expo LLC, and Granite & Marble Expo.
Mortgage Rates Stay Low; 15-Year Lowest Since '91
Washington, DC, Sept. 25, 2009--Mortgage rates remained at three-month lows this week, with the 30-year fixed-rate mortgage averaging 5.04%, unchanged from last week.
KB Home Narrows Loss, Is Uncertain About Recovery
Los Angeles, CA, Sept. 25, 2009--KB Home said its losses narrowed as orders rose 62% from the year-earlier quarter.
Durable Goods Orders Fall Unexpectedly
Washington, DC, Sept. 25, 2009--Orders for durable goods fell sharply during August on lower aircraft demand.
Boomers Want Green Homes, Don't Want To Pay More
Washington, DC, Sept. 24, 2009--There's a disconnect among retiring boomers between desire and willingness to pay for green homes, according to a new survey from the National Association of Home Builders and the MetLife Mature Market Institute.