Articles
Housing affordability falls to 10-year low
Housing affordability fell to its lowest level since the National Association of Home Builders (NAHB) began tracking it on a consistent basis in 2012 as rising mortgage rates, ongoing building material supply chain disruptions, high inflation and elevated home prices pushed the housing market into a recession. Read More
Blush at the thought! Consumers aren’t being shy about a desire for a fresh start this year. Interior designers and manufacturers are answering the call with a fresh take on a warm neutral: blush. Sherwin-Williams has selected a blush hue as its 2023 color of the year. Likewise, Farrow & Ball, the iconic wallpaper and paint brand has issued 11 new colors — their first new colors in four years — and three of the 11 fall solidly in the blush hue. And, we’ve seen other big brands, such as Valspar and Better Homes and Gardens at Walmart, identifying blush as a major decor inspiration. Read More
Mohawk Posts Sales Increase of 3.6% in Q3 with Net Loss of $534M
Mohawk announced sales of $2.9 billion in Q3 2022, an increase of 3.6% compared to sales of $2.8 billion in Q3 2021. For the same period, the company reported a net loss of $534 million, compared to earnings of $271 million in Q3 2021. Read More