Items Tagged with 'single-family housing'

Lowe's strengthens position in homebuilder market through strategic $1.325 billion acquisition of ADG, a nationwide provider of interior surface finishing services with $1.8 billion in annual revenue and 3,200+ specialized installers serving residential construction professionals.

Growing economic uncertainty stemming from tariff concerns and elevated building material costs kept builder sentiment in negative territory in April, despite a modest bump in confidence likely due to a slight retreat in mortgage interest rates in recent weeks.

While America's neighborhoods have become seas of pristine white houses designed for maximum resale value, a colorful rebellion is happening right under our feet. Manufacturers are increasingly offering bolder, more vibrant flooring options that challenge the notion that our homes must sacrifice personality for investment potential.

BuildDirect expands its Pro Center network with the acquisition of Orlando-based Anchor Flooring and Yorkshore Sales, strengthening its distribution capabilities in the southeastern U.S. and enhancing services for professional contractors.

Mohawk Builder + Multifamily brings eco-friendly flooring solutions to Vision House Las Vegas, showcasing how sustainable homes can be built at attainable price points during the International Builders' Show.

Elevated mortgage rates, regulatory burdens, and tariff concerns are driving up housing costs, with typical families now spending nearly 40% of income on mortgage payments.

What do flooring retailers have to look forward to in 2025 to grow their business? Jeff Meadows, president of residential sales, discusses the company's strategic focus on domestic production, luxury products, and builder partnerships amid challenging market conditions.

Pending home sales gained 2.2% in November – the fourth consecutive month of increases and the highest level since February 2023 – according to the National Association of Realtors.