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Mar 18, 2021 / The Right News Right When It Happens

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Millennials Account for Largest Share of Homebuyers at 37%

Washington, DC, March 18, 2021-The popularity of multigenerational homes increased over the last year, as a rising number of homebuyers purchased larger residences compared to prior years, including millennials who continue to make up the largest share of homebuyers at 37%.

Today's Flooring News

Custom Residential Designers Have Fared Well in Pandemic, Reports AIA

Washington, DC, March 18, 2021-Despite the negative economic impact of the pandemic on the design and construction sector, custom residential architects have fared surprisingly well, according to new data from the American Institute of Architects (AIA) Home Design Trends Survey, focusing on kitchens and bathrooms.

FloorTek 2021 Slated for September 14 & 15

Dalton, GA, March 18, 2021-American Floorcovering Alliance announces dates for FloorTek Expo 2021; the event will be held September 14 to 15 at the Dalton Convention Center in Dalton, Georgia.

World-wide Supply Chain Woes Impacting Marketplace, Says WSJ

New York, NY, March 18, 2021--Supply chain woes mounted world-wide for makers of everything from cars and clothing to home siding and medical needle containers, as the extreme Texas weather and port backlogs compounded problems for manufacturers already beset by pandemic disruptions, reports the Wall Street Journal.

NAHB Forms Diversity, Equity and Inclusion Task Force

Washington, DC, March 18, 2021—The National Association of Home Builders (NAHB) has formed a Diversity, Equity and Inclusion (DEI) Task Force.

Initial Jobless Claims Rose by 45K to 770K in Second Week of March

Washington, DC, March 18, 2021—In the week ending March 13, the advance figure for seasonally adjusted initial claims was 770,000, an increase of 45,000 from the previous week's revised level, according to the Department of Labor.