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National News

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USOnly 1% of homeowners with a mortgage say walking away from their home would be their first choice if they were unable to pay their mortgage, according to a joint survey by Harris Interactive, Trulia.com and RealtyTrac. The survey also reports that 18% of U.S. adults expect bank-owned homes to offer a realistic price discount of less than 25% off the value of a similar home that was not in foreclosure. However, not all consumers have realistic expectations, with 36% saying that they expect to receive a discount of 50% or more when purchasing a bank-owned property.

 

MDR

MDRNoritz America Corporation recently opened a new showroom and contractor-training facility in the Atlanta suburb of Marietta, with the goal of providing handson instruction on the benefits of tankless water heating for plumbing, mechanical and HVAC tradespeople, as well as their residential and commercial customers. The newly renovated, 1,650-square-foot showcase is part of Noritz’s 13,000-square-foot distribution center in Marietta that serves as a logistical hub for the Southeastern United States.

 

Featured Video

KBIS 2010, Christina Madrid, Coway USA

Christina Madrid talks about new bathroom products from Coway USA at KBIS 2010.

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