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Mar 31, 2021 / The Right News Right When It Happens

Top Story

Home Prices Rising at Fastest Pace in 15 Years

New York, NY, March 31, 2021–U.S. home prices are rising at the fastest pace in 15 years, reflecting how fiercely buyers are competing for a limited supply of homes in nearly every corner of the country, according to the Wall Street Journal.

Today's Flooring News

CARE Penalized $1.1 Million by State of California

Sacramento, CA, March 31, 2021–The Carpet America Recovery Effort (CARE) has agreed to pay the state of California $1.175 millions in penalties for failing to meet recycling and landfill diversion goals under California’s Carpet Product Stewardship Law from 2013 through 2016.

Private Sector Employment Rises by 517K

Roseland, NJ, March 31, 2021-Private sector employment increased by 517,000 jobs from February to March, according to the March ADP National Employment Report.

Pending Homes Sales Declined 10.6% in February

Washington, D.C., March 31, 2021–Pending home sales dipped for a second straight month in February, according to the National Association of Realtors. Each of the four major U.S. regions witnessed month-over-month declines in February, while results were mixed in the four regions year-over-year.

Mortgage Applications Decreased 2.2% in Fourth Week of March

Washington, D.C., March 31, 2021–Mortgage applications decreased 2.2% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending March 26, 2021.

Coverings Announces Program Highlights for Orlando Event

Arlington, VA, March 31, 2021–Coverings, the largest international tile and stone exhibition and conference in North America, has announced programs that will take place during the tile and stone showcase July 7 to 9 in Orlando, Florida, at the North Hall of the Orange County Convention Center.

NY Luxury Design Fair Seeks Submissions

New York, NY, March 31, 2021-The NY Luxury Design Fair is seeking submissions for its juried MADE 2021.

New Date Set for Halstead/Metroflor Addiction Crisis Charity

Calhoun, GA, March 31, 2021–Halstead/Metroflor’s Addiction Crisis fundraiser (HMAC) has been rescheduled for Thursday, May 6.