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Luxury Home Sales on the Rise

According to Daily Real Estate news, luxury home sales, particularly sales of the priciest 1 percent of homes, are surging. Sales of the most expensive homes in many local markets are up 21.1 percent this year, after a 35.7 percent ... Read More »

General Tool Acquired by Private Equity Firm

General Tools & Instruments (General®) has been acquired by High Road Capital Partners, a private equity firm based in New York City.  General’s CEO and senior management team remain at the company’s helm. “General remains focused on providing its customers ... Read More »

Home Sales Increase, Along With Unsold Inventory

Existing-home sales increased for the first time this year in April, while inventory meaningfully increased and home price growth moderated, according to the National Association of Realtors. Monthly sales gains in the West and South offset a modest decline in ... Read More »

Lowe’s Acknowledges Third Party Data Breach

According to an article by eSecurity Planet, Lowe’s recently began notifying an undisclosed number of current and former employees that their personal information may have been disclosed when a third-party vendor mistakenly backed up Lowe’s employee data to an unsecured server. ... Read More »

Boston Group Invests in Future

The Boston Group has recently significantly increased its manufacturing and output capabilities with the investment of new manufacturing equipment for its Medford, Massachusetts headquarters. Founded in 1937, the Boston Group (formerly Boston Retail) engineers and manufactures a complete line of display, power ... Read More »

Why Small Businesses Matter

Ever wonder just how much your business matters to the economy? According to an article by NRF, the importance of small business to job creation and to the U.S. economy has been the focus of economists and policy makers for ... Read More »

MAX USA Hires New Midwest Regional Sales Executive

Pneumatic nailing tools manufacturer MAX USA announced today the addition of Laurel Hutchinson as its Midwest regional sales executive. Hutchinson brings 17 years of experience selling Building Products both commercial and residential to the position. She has 11 years of experience selling premium ... Read More »

Housing Affordability Takes a Hit

Housing affordability continued to fall across the country as the median price of single-family homes rose due to a continued lack of housing inventory, according to the latest National Association of REALTORS® Housing Affordability Index. The median single-family home price ... Read More »