CARE Announces Three New Carpet Collection Sites
Dalton, GA, October 27, 2022—As part of CARE’s efforts to increase carpet collection for recycling across the state, it has announced its latest public carpet recycling drop-off sites.
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.
Silo at Crossville Hardwoods Caught Fire & Exploded Wednesday
Crossville, TN, October 27, 2022-A fire broke out Wednesday morning at Crossville Hardwoods in Crossville, Tennessee, according to WBIR.
Mannington's Legato Attains USDA BioPreferred Certification
Calhoun, GA, October 27, 2022-Mannington Commercial announced that its Legato Liquid Linoleum flooring product has attained USDA BioPreferred certification from the U.S. Department of Agriculture.
New-Home Sales Declined 10.9% in September
Washington, DC, October 26, 2022—Sales of new single-family houses in September 2022 were at a seasonally adjusted annual rate of 603,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 10.9% below the revised August rate of 677,000 and is 17.6% below the September 2021 estimate of 732,000.
Home Prices Posted Biggest Monthly Decline in a Decade in August
New York, NY, October 26, 2022—"Home prices posted their biggest month-on-month decline in more than a decade in August as rising mortgage rates weighed on home-buying demand,” reports the Wall Street Journal.
Josh Jensen Named CFO of Ecore
Lancaster, PA, October 26, 2022-Ecore announced the hiring of Josh Jensen as the new chief financial officer of Ecore International.
Q3 Rental Demand Fell to 13-Year Low Due to Record-High Prices
New York, NY, October 26, 2022—After a long stretch of record-high rents, Americans are renting fewer apartments as demand in the third quarter fell to its lowest level in 13 years, reports the Wall Street Journal.
Mortgage Applications Declined 1.7% in Week Ending October 21
Washington, DC, October 26, 2022—Mortgage applications decreased 1.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 21, 2022.
NTCA Announces November Workshops
Flowood, MS, October 26, 2022—In November and December, NTCA offers nine free workshops in Minnesota, Iowa, Georgia, Alabama, Louisiana and Florida.
Home Prices Rose 13% YOY in August, Says Case-Shiller
New York, NY, October 25, 2022—Home prices made a 13.0% annual gain in August, down from 15.6% in the previous month, according to The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions.