Cindy W. Hodnett | Furniture Today, Author at Virginia Business

Cindy W. Hodnett | Furniture Today

Recent Articles from Cindy W. Hodnett | Furniture Today

Average US rate on a 30-year mortgage climbs to 6.83%, highest level since late February

Real Estate May 16, 2025

Housing supply, affordability gap remain top of mind for potential homebuyers

Households earning $75,000 a year can only afford 21.2% of all home listings, according to the National Association of Realtors and Realtor.com. In the 2025 Housing Affordability & Supply report released Thursday, NAR officials said that America’s housing affordability gap persists with less than one-fourth of all For Sale home listings economically feasible for potential buyers maki[...]

Around The Nation April 9, 2025

North Carolina furniture manufacturer: Business is great; Trump’s tariffs are one reason

HIGH POINT — Last fall, Chris Morris saw an opportunity in residential upholstery manufacturing and decided to revise his business strategy to accommodate it. With an eye on upholstery manufacturers seeking out a domestic, private-label partner, Morris created a plan to increase production for residential upholstery at his Vision Contract Manufacturing factory in High Point. Less than [&hellip[...]

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