New Zealand's largest carpet maker Godfrey Hirst says it may move some of its manufacturing to China or India after a wool processor was given the green light to potentially gain monopoly of the domestic wool scouring industry.

Though the overall housing market has not escaped the doldrums, the senior housing sector, driven by investment companies, has gone gangbusters since 2010.

Firefighters successfully extinguished a fire that hit a carpet business in Dbayyeh, located in north Beirut, Friday.

After a year characterized by grumpy partisan gridlock, Congress came up with a Thanksgiving compromise that could change the mortgage choices of buyers and refinancers in more than 660 markets across the country.

U.S. home prices will stagnate through next year and only start recovering in 2013, according to economists polled by Reuters who also felt the stimulus options being floated will not do much to reinvigorate the market.

Custom Building Products has partnered with San Diego-based contractor Wirtz Quality Installation, Inc. to handle all internal and external tile and stone installation at the new Palomar Medical Center West in Escondido, Calif.

Extech Instruments, makers of handheld test and measurement tools, has relocated its headquarters to an all-new facility in Nashua, N.H.

Police say carpet installer Robert Hogan stole from a flood victim, then pretended to be one himself to sell the valuables for quick cash.

The Clean Trust (formerly the Institute of Inspection Cleaning and Restoration Certification) named Larry Cooper recipient of the Cy Gantt Award at the October Clean Trust Certification Council meeting in Vancouver, Wash.

The Housing Opportunity Program Grants, a National Association of Realtors grant program, has presented $62,500 to 19 local and state Realtor associations.