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Jan 20, 2021 / The Right News Right When It Happens

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Builder Confidence Down 3 Points in Jan. but Remained Strong at 83

Washington, DC, January 20, 2021-Rising material costs led by a huge upsurge in lumber prices along with a resurgence of the coronavirus across much of the nation pushed builder confidence in the market for newly built single-family homes down three points to 83 in January, according to the latest NAHB/Wells Fargo Housing Market Index (HMI).

Today's Flooring News

RFMS Cancels 2021 Conference, Reschedules for 2022

Tuscaloosa, AL, January 20, 2021-RFMS has cancelled its 2021 Owner & Education Conference, slated for April 2021.

U.S. Apartment Renters Owe $70 Billion in Unpaid Rent Amid Covid

New York, NY, January 20, 2021-Renters have racked up a stunning $70 billion in unpaid rent since the start of the economic crisis cause by the coronavirus, according to an analysis of Census data by Moody’s Analytics and reported by Wealthmanagement.com.

Mortgage Applications Declined 1.9% in First Week of January

Washington, DC, January 20, 2021-Mortgage applications decreased 1.9% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending January 15, 2021.

DriTac Forms Partnership with Fishman

Clifton, NJ, January 20, 2021-DriTac Flooring Products has announced a new distribution partnership with Fishman Flooring Solutions, a Baltimore, Maryland-based flooring and installation supply distributor.

Feizy Wins Best Visual Presentation at 2021 Winter Dallas Market

Dallas, TX, January 20, 2021—Feizy won the award for Best Visual Presentation at the 2021 Winter Dallas Total Home & Gift Market, reports RugNews.com.