| | | Dec 18, 2023 / The Right News Right When It Happens | | Top Story | | | | Builder Confidence Rises to 37 as Mortgage Rates Decline | | Washington, DC, December 18, 2023—Builder confidence in the market for newly built single-family homes rose three points to 37 in December, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). | | |
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| | Today's Flooring News | | | | Pat Oakley Named President of Mullican, Succeeding Poland | | Johnson City, TN, December 18, 2023—Mullican Flooring, a U.S. manufacturer of hardwood flooring, announces the promotion of Pat Oakley to president, effective January 1, 2024. | | |
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| | | | Homebuyers Ready to Purchase, but Homeowners Aren't Selling | | New York, NY, December 18, 2023—"The lowest mortgage rates since the summer are starting to lure frustrated home shoppers back to the market,” reports the Wall Street Journal. “The problem is that few homeowners who have locked in much lower rates appear ready to sell. | | |
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| | | | Novalis Releases 2022 Sustainability Report | | Cologne, Germany, December 18, 2023—Novalis Innovative Flooring, a global Luxury Vinyl Tile (LVT) flooring manufacturer, announced the release of its third annual sustainability report. | | |
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| | | Domotex Panel, Moderated by Kemp Harr, to Focus on Asian Business | | Hannover, Germany, December 18, 2023-As part of Domotex, which will take place January 11 to 14 in Hannover, Germany, Kemp Harr, owner and publisher of Floor Focus, will moderate a C-level panel, sharing the post-Covid era status quo in Asia and how innovations and sustainability approach are reshaping and driving its future, especially in the resilient flooring business. | | |
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| | | Former Hymmen CEO, Werner Pankoke, Has Died | | Bielefeld, Germany, December 18, 2023—Werner Pankoke, 85, former CEO of Hymmen, died December 9. | | |
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| | | Mohawk Group Announces Partnership with Scanalytics | | Calhoun, GA, December 18, 2023—Mohawk Group, part of the largest flooring manufacturer in the world, and Scanalytics, a Milwaukee, Wisconsin-based smart flooring company, are announcing a strategic partnership to reduce emissions from the built world. | | |
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| Featured Video | | | | Neil Poland Discusses the Health of the Wood Flooring Business | | December 18, 2023—Neil Poland, Executive Chairman with Mullican Flooring, and Kemp Harr discuss the roller coaster demand curve that the hardwoo | | |
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