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NFA members extol benefits of event’s format

Floor Covering News

For vendors, it is that rare opportunity to hobnob with 43 of the most influential flooring retailers in the industry over four hours. Larry Flick of The Floor Store (left), discusses product with Kris Flaherty of Flooringlines. Rose Carpets & Flooring, with three Massachusetts locations, agreed.

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Housing affordability drops to 10 year low

Floor Covering News

Ongoing production challenges and the likelihood of higher interest rates in the months ahead as the Federal Reserve moves to tighten interest rates threaten to drive housing affordability even lower in 2022, according to the NAHB. California-Lexington Park, Md. For the fifth straight quarter, Los Angeles-Long Beach-Glendale, Calif.

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Port congestion issues likely to persist in 2022

Floor Covering News

Major retailers worry they won’t have products on their shelves during the all-important fourth quarter. But this bottleneck is old news for the flooring industry, which has been dealing with it in earnest since the outset of the COVID-19 pandemic. And it has only gotten worse. 1) and the plants in China close down.”.

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Freight woes force dealers to adjust on the fly

Floor Covering News

By Ken Ryan The California ports of Los Angeles and Long Beach have been overburdened by container imports over the last few months, resulting in a logjam of freight that has led to product shortages and delays for flooring retailers, mostly in the LVT category. From his location in Anaheim, Calif.,

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NAHB: Housing affordability holds steady

Floor Covering News

To keep affordability problems from worsening in the future, policymakers need to tackle supply-chain challenges that are hindering new home production,” Dietz said. For the fourth straight quarter, Los Angeles-Long Beach-Glendale, Calif., remained the nation’s least affordable major housing market. There, just 8.3% Napa, Calif.

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Housing affordability nears two-year low

Floor Covering News

As builders look to ramp up production, the work-at-home trend is contributing to a suburban shift , meaning that buyers have additional market power to shop for affordable markets.”. Other major metros at the bottom of the affordability chart were in California.

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Lions Floor: Slow, steady wins the race

Floor Covering News

Roughly 80% of Lions Floor’s offering consists of SPC products. By Reginald Tucker T he skyrocketing popularity of SPC/rigid core continues to lure new players to the game—from those that manufacture other flooring products to pure startups. Each comes with their own unique story or product iteration.