Today's Flooring News

Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.

Vilas Partners Acquires Creative Tile & Hardwood Floors

Naples, FL, September 19, 2025—Vilas Partners, a holding company located in Tampa Bay, Florida focused on acquiring family-owned, home services and construction businesses in Florida, announced the acquisition of Creative Tile Concepts, DBA Creative Tile & Hardwood Floors (CTC), a tile and stone design and installation business based in Naples, Florida, expanding its platform company, VPHS Flooring, into the Southwest Florida Flooring market.

23rd Alan Greenberg Golf Tournament Raises $140K for FCIF

Manchester, NH, September 18, 2025—The 23rd Annual Alan Greenberg Charity Golf Tournament, held at the scenic Barnsley Gardens Resort, raised over $140,000 for the Floor Covering Industry Foundation (FCIF).

Diverzify Rebrands Three Network Operations

Atlanta, GA, September 18, 2025-Diverzify, a commercial flooring and interior services enterprise, announced that three of its network brands are embracing the Diverzify name as part of a market-driven strategy to strengthen customer value and highlight the power of the national network.

Fed Cuts Rates by a Quarter Point with 2 More Cuts Expected in '25

New York, NY, September 18, 2025-"The Federal Reserve cut interest rates by a quarter point on Wednesday and released economic projections that suggested two further rate cuts in 2025. Markets rallied before ending mixed,” according to the Wall Street Journal.

TCNA Offers Update on Handbook Developments

Clemson, SC, September 18, 2025-The Tile Council of North America (TCNA) has announced the successful conclusion of its recent TCNA Handbook Committee meeting, held earlier this month.

Will the Fed Rate Cut Spur a Mortgage Rate Decline Swiftly?

New York, NY, September 18, 2025—"With the Federal Reserve in cutting mode, many people expect mortgage rates to fall fast. Unfortunately, it isn’t that simple,” reports the Wall Street Journal.

DCO Commercial Promotes Thomas & Aronstein to VP of Projects

Atlanta, GA, September 18, 2025—DCO Commercial Floors has announced the promotion of Jeff Thomas and David Aronstein to the role of vice president of projects.

Initial Jobless Claims Declined by 33,000 in Week Ending Sept. 13

Washington, DC, September 18, 2025—In the week ending September 13, the advance figure for seasonally adjusted initial claims was 231,000, a decrease of 33,000 from the previous week's revised level, according to the Department of Labor.

Mortgage Applications Jump 29.7% in Week Ending September 12

Washington, DC, September 17, 2025-Mortgage applications increased 29.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 12, 2025.

Housing Starts Declined 8.5% in August

Washington, DC, September 17, 2025-- Privately-owned housing starts in August were at a seasonally adjusted annual rate of 1,307,000, 8.5% below the revised July estimate of 1,429,000 and 6.0% below the August 2024 rate of 1,391,000, according to the U.S Census Bureau.