Recent home buyers are staying well within their means with notably higher incomes and modestly higher downpayments than buyers in the previous year due to the restrictive mortgage credit environment, according to a new study from the National Association of Realtors (NAR).
The Mohawk Group's SmartStrand Contract carpet, which was awarded a 2011 Best of NeoCon Gold award for its bio-based fiber system, is now the featured carpet incorporated into the design of the Georgia Department of Agriculture building in Atlanta.
U.S. lawmakers reached an agreement to boost the maximum size of home loans backed by the Federal Housing Administration over opposition from some House Republicans and free-market interest groups.
The Coalition for American Hardwood Parity (CAHP) has released a statement answering frequently asked questions about the recent ruling on the AD (antidumping) and CVD (countervailing duty) amounts for Chinese engineered hardwood flooring.
In its latest such announcement in recent weeks, Beaulieu of America has announced it will shut its Eufaula, Ala., yarn processing facility that it has operated since 1998.
Although the housing market struggled to maintain an even footing in 2011, gradual improvement is expected in 2012 and beyond, according to projections at a residential forum at the 2011 Realtors Conference & Expo.
Investor Warren Buffett says much of the American economy is performing well, but any business related to residential home construction continues to struggle.
Simple Marketing Now LLC has published its November Social Flooring Index, analyzing the flooring industry’s involvement with social media marketing tools, with particular emphasis on blogs.
As previously reported, Howard Brodsky, co-founder and co-ceo of CCA Global Partners, will present "Who's Successful Today and How They Are Doing It: A Discussion of Best Practices," at the Maryland and Northern Virginia Floor Covering Association's 2011 Association Dinner at the Greenbelt Marriott in Greenbelt, Md.
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