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NFA members extol benefits of event’s format

Floor Covering News

Larry Flick of The Floor Store (left), discusses product with Kris Flaherty of Flooringlines. due to heavy congestion at Los Angeles/Long Beach ports, which is contributing to the supply chain slowdown. “We They are definitely one of the groups that stock products, which is good for us.”.

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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. For the fifth straight quarter, Los Angeles-Long Beach-Glendale, 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.

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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. In fact, the major backlog of container ships at the ports of Los Angeles and Long Beach is the worst it has ever been, according to Marine Exchange of Southern California, which estimates 100 ships are waiting to dock and unload.

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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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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.”. In descending order, they included Los Angeles-Long Beach-Glendale; Anaheim-Santa Ana-Irvine; San Diego-Carlsbad; and San Jose-Sunnyvale-Santa Clara.

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Housing affordability falls to lowest level since Great Recession

Floor Covering News

Taming housing costs will ultimately require building more homes, and it will be easier to increase production in more affordable smaller and mid-sized markets that are growing in population and attracting new businesses.”. For the seventh straight quarter, Los Angeles-Long Beach-Glendale, Calif., There, just 3.6%