Foreclosures Level Off But Still Hit Record
Irvine, CA, May 14, 2009--Foreclosure filings leveled off last month after climbing steadily for more than a year, according to a report released by RealtyTrac.
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.
Couristan Hires Western Residential Sales Manager
Fort Lee, NJ, May 14, 2009--Area and accent rug supplier Couristan has hired Andy Kuehnel as its western regional manager for the residential division.
Builder Cuts Prices in Half in NC Neighborhood
Hillsborough, NC, May 14, 2009--The state of the homebuilding market is causing some companies to take drastic action.
More Buyers, Fewer Refinancers, Says MBA
Washington, DC, May 14, 2009--Mortgage application volume fell to the lowest level since mid-March, as refinancing dipped. However, applications to purchase homes rose slightly, the Mortgage Bankers Association said.
Wholesale Prices Rise More Than Expected
Washington, DC, May 14, 2009--Wholesale prices rose more than expected in April as the biggest jump in food costs in more than a year offset a second monthly decline in the price of energy products.
Robina Names Western Region Sales Manager
Kennesaw, GA, May 13, 2009--John Mitchell has been named a regional sales manager for Robina.
New Web Tool Driving Sales for Flooring America
Waltham, MA, May 13, 2009--Flooring is difficult to sell online because consumers want to see the grain of a hardwood or the texture of a ceramic tile, and want to be sure of the color.
Median Home Price Declines 14% in First Quarter
Washington, DC, May 13, 2009--The median price for a single-family house fell 14% to $169,000 in the first quarter from a year ago, the National Association of Realtors said.
NWFA Conference Attendance Down 28%
St. Louis, MO, May 13, 2009--The NWFA’s 2009 Wood Flooring Expo and Education Conference April 26 - May 1 attracted 2,438 attendees from throughout the world, with 238 companies filling 434 exhibit booths.
ReSource Commercial Network Adds Pennsylvania Firm
Aurora, CO, May 12, 2009--The ReSource Commercial Flooring Network has added Franklin Flooring, Inc. of Pottstown, Pa.