Mortgage bankers survey shows housing affordability rose in July
National median mortgage payment fell by $13 from July 2024 and was down by $45 from June WASHINGTON —Housing affordability rose in July, according to …
Author: Thomas Russell
Home News Now Editor-in-Chief Thomas Russell has covered the furniture industry for 25 years at various daily and weekly consumer and trade publications. He can be reached at tom@homenewsnow.com and at 336-508-4616.
Premarket unveils aggressive new product introductions
Despite ongoing uncertainty regarding tariffs, suppliers and their customers appear to be taking a business-as-usual approach to the fall market cycle HIGH POINT — Despite …
Fall edition of CIN kicks off with a look at how consumers view the economy
More than 75% of all prospective furniture shoppers view economic conditions as poor or fair, which could impact their decision to buy in the 2nd …
Ashley Furniture replaces tariff surcharges with updated price increases
Rates range from 3.5% on mattresses to 12% on import dining, occasional tables and outdoor furniture ARCADIA, Wis. — Ashley Furniture has announced to dealers …
Top 30 unsecured creditors in Walker Edison bankruptcy owed $18.4 million
Companies represent a mix of suppliers including warehouse and logistics service providers to overseas furniture and hardware producers WILMINGTON, Del. — The Top 30 unsecured …
Lancer Furniture returning to High Point after 6-year absence
Upholstery manufacturer will show about 30 items including sofas, a power motion sectional and new power motion recliners HIGH POINT — Upholstery manufacturer Lancer Furniture …
Economic challenges weigh on Hooker Furnishings Q2, first-half results
Q2 sales decline 13.6% for the quarter ended Aug. 3, while company’s net loss rises to $3.3 million MARTINSVILLE, Va. — Full line furniture resource …
What’s making homebuyers regret their decision?
Highland Cabinetry survey shows that more than 82% of respondents had regrets about their choice of a home PHOENIX, Ariz. — Most homeowners have come …
Vietnam announces antidumping duties on wood fiberboard from China, Thailand
Rates are as high as nearly 40% on China products and over 20% on products shipped from Thailand pending further investigation HANOI, Vietnam — Duties …
Motion upholstery resource 16 West Home to debut at premarket
Company co-founded by industry veteran Steve Lush will debut 10 styles during the upcoming High Point Market cycle HIGH POINT — Industry veteran Steve Lush …
