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Nov 11, 2022 / The Right News Right When It Happens

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Only 42.2% of Homes Affordable to Median Income Earners in Q2

Washington, DC, November 11, 2022-Just 42.2% of new and existing homes sold between the beginning of July and end of September were affordable to families earning the U.S. median income of $90,000, according to the NAHB/Wells Fargo Housing Opportunity Index (HOI).

Today's Flooring News

Consumer Sentiment Declined 8.7% in Early November

Ann Arbor, MI, November 11, 2022—Consumer sentiment declined 8.7% to 54.7 in early November, according to preliminary results from the University of Michigan Survey of Consumers.

Jay Flynn Named VP of Business Development for Cali

San Diego, CA, November 11, 2022-Jay Flynn, formerly of DCS Partnership Group and Broadlume, has been named vice president of business development for Cali.

Ex-Mexican Partner Guilty of Breach of Fiduciary Duty Against Kolay

Los Angeles, CA, November 11, 2022—In a legal business dispute waged in the United States and Mexico, a U.S. District Court judge on November 9 entered judgment on a jury’s verdict that the Mexican defendants, Luis Barroso De La Fuente and a rival company he created, conspired to breach fiduciary duties owed to their U.S. partner, City of Industry, California-based Kolay Flooring International and its owner, president and CEO Dan Mitchell.

Shaw Wins 2022 St. Jude Organizational Support Award

Dalton, GA, November 11, 2022—Shaw has been awarded the 2022 St. Jude Organizational Support Award, which recognizes a partner who has found innovative ways to support the lifesaving mission of St. Jude Children’s Research Hospital through employee participation and an array of fundraising programs.