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WFCA members take their concerns to Capitol Hill

Floor Covering News

With negotiations around the debt ceiling encapsulating this city, board members of the World Floor Covering Association (WFCA) went to Washington to meet lawmakers regarding issues important to their own businesses—including independent contractor issues, the Marketplace Fairness Act and the Working Families Flexibility Act.

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Surprise lift for new home sales in July

Floor Covering News

Washington, D.C.—Sales Despite the monthly bump in new home sales data, higher rates continue to sideline buyers as housing affordability challenges remain,” said Carl Harris, chairman of the NAHB and a custom home builder from Wichita, Kan. The post Surprise lift for new home sales in July appeared first on Floor Covering News.

Sales 59
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High mortgage rates continue to hold back builder confidence

Floor Covering News

Washington, D.C.— While buyers appear to be waiting for lower interest rates, the six-month sales expectation for builders moved higher, indicating that builders expect mortgage rates to edge lower later this year as inflation data are showing signs of easing,” said NAHB chairman Carl Harris, a custom home builder from Wichita, Kan.

Survey 59