MarketWatch spotlighted the following today: More pain may be in store for the S&P 500 in 2016, says Goldman. CEOs of biggest U.S. firms less optimistic about economy. It’s business as usual at Wells Fargo after record fine. Trump says Yellen keeps interest rates low because of White House pressure. …
AMG, Sun Shine; Killam, Third Ave slide, 3 Major Indexes Rebound Read More
Venator Capital Management Ltd has purchased up 466,541 additional shares in Skyline Corporation during the most recent quarter end, the firm said in a disclosure report filed with the SEC, reports TheFoundersDaily. Venator’s website describes themselves in these terms, “Venator Capital Management Ltd. is a Toronto-based investment firm that strives to …
Skyline Corporation – Management Fund’s Major Move – Manufactured Housing Market Watch Read More
These Manufactured Housing Industry News weekly recaps are a mix of headline news and commentary that tees-up each Sunday morning issue. That said, there are some weeks – like this one – where there are so many hot, interesting or newsworthy topics covered that it becomes difficult to decide which …
Sunday Morning Weekly Recap – Manufactured Housing Industry News Sept 4 to Sept 11, 2016 Read More
Cavco Industries, Inc., the nation’s second largest producer of manufactured homes in the United States, recently hit a new 52-week high, when it reached a peak of $109.43. Cavco closed Friday night at 101.17, down after a broader retreat by the markets A possible benefit of a company hitting a …
Milestone: Cavco Industries (CVCO) stock reached new 52-week high Read More
CNNMoney asks, do more heads need to roll at Wells Fargo? Volkswagen engineer pleads guilty to criminal charges. They also stated the obvious, as they report that the Dow plunges almost 400 points. MarketWatch notes that: “Gundlach’s talk of a surprise Fed tightening sets stage for a stock, bond-market rout” …
All Markets Tumble, only 1 MH track stock gains, 2 hold, the rest down for the day Read More
“We are excited to build homes and explore opportunities for this housing segment,” said Mike Duncan with Clayton Homes to MHProNews. “Some may say it is a fad, and there are certainly some obstacles when it comes to zoning and acceptance in some areas, but it will be fun to …
Tiny Houses Go Luxury – Clayton home building group unveils new series, Video, Photos Read More
“West Virginia is a fairly close-knit community,” explains Andy Gallagher, Executive Director of the West Virginia Housing Institute Inc.(WVHI). “Natural disasters are regular occurrences, unfortunately, and family takes care of family.” Jeff Jenkins, writing in the WVMetroNews, stated that “Several staff members with the Federal Emergency Management Agency will be …
The Other Flooding Story – FEMA and Manufactured Housing Units (MHUs) Read More
“Compared to where we were, there is no comparison,” said Lee Allen. “It’s been 10 years of good memories.” “When you walk through Lee and Lucille Allen’s front door, it feels like home,” begins the NextStepUS Annual report. Over a decade ago, the Allen’s became NextSteps first home owners. “Lee …
Affordable (Manufactured) Housing Done Right – NextStepUS Annual Report Read More
Dezeen’s Lucy Wang, writing in Inhabitat spotlights a home in Princeton, New Jersey that has turned 5, which was set in a day, built in plant in a month and was completed in 1/3 the time of conventional construction. The Quarry House was designed by a local architect, Marina Rubina, …
On items that CNN Money finds of interest as part of their market reports for the day: Wells Fargo fires 5,300 for creating fake accounts, Hillary Clinton finally holds a press conference and Airbnb is cracking down on discrimination. MarketWatch notes: iPhone 7 fails to impress, but Apple predicts sellout. …
CVCO, NRF slide, Carlyle Group, LPX glide higher, Politics/Economics Mix Read More
Champion Home Builders recently finished the construction of a net-zero demonstration home, reports Builder’s Jennifer Goodman. The home is located at the Pine Tree Manufactured Home Park in Eatontown, NJ. The plan is to gather data during the next 18 months, as a way to encourage the construction of more …
Champion Home Builders crafts Net-Zero-Energy home Read More
County records reflect that Equity LifeStyle Properties (ELS) has purchased 25 acres in Ellenton, next to Ridgewood Estates – a 55+ manufactured home community (MHC) – for $2 million. Equity LifeStyle paid $11.56 million for Ridgewood in 2011, says the Sarasota, FL Herald-Tribune. As MH Community-sector focused professionals know, Equity LifeStyle …
ELS Acquires 25 acres adjacent to existing FL Manufactured Home Community Read More
In an update to our reports on the massive flooding in Louisiana and FEMAs response with manufactured housing units (MHUs), WBRZ2 out of Baton Rouge reports on new communities being set up, one in this photo, off Blount Road near the airport. Their report indicates that “dozens” of locations in …
FEMA setting up manufactured homes in Louisiana near airport, says WBRZ2 Read More
LivingHomes founder Steve Glenn established his prefab modular building operation in 2006, says BuilderOnline. Initially using other producers of factory built homes to supply their needs, as housing has recovered, Glenn’s operation was increasingly being squeezed by those producers. “They’re taking more time to get back with bids and engineering, …
Doing “End Around” Other Factory-Builders, LivingHomes Sprouts Plant Prefab Read More
NBC News, along with their sister channel, MSNBC, will carry the first ever live “Commander in Chief” forum, Wednesday night at 8 PM ET. With the polls tightening between Hillary Clinton and Donald Trump, this is being seen by pundits as a pre-debate that could yield clues on what to …
First Time – Clinton Vs Trump Live on Cable TV Tonight – Forum Video Read More
Apache Corp. says it found billions of barrels of oil in a new find in West Texas south of the New Mexico line, reports MarketWatch. While the tech side of market news has eyes on Apple’s new iPhone 7, Nintendo, oil futures are at the highest level in a week. …
AMG and NorthStar Lead, Patrick, SKY recede – as new U.S. Oil Find Touted Read More
Washington, D.C., September 7, 2016 – The Manufactured Housing Association for Regulatory Reform (MHARR) reports to MHProNews that according to official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), manufactured housing industry production fell during July 2016. The latest statistics published by MHARR indicate …
HUD Code Manufactured Housing Production – Drops in July 2016, Top 10 States reported Read More
Less than a week after federal official decided to ban ITT Technical Institute from enrolling new students using federal aid, the for-profit schools opted to stop enrolling students at more than 130 campuses in 38 states, according to the Springfield, IL State Journal-Record. On Aug. 25, the U.S. Department of …
“Using the dream of homeownership to trick consumers out of their hard-earned money is just plain wrong,” North Carolina Attorney General Roy Cooper said. “My office is here to protect consumers from these misleading and fraudulent business tactics.” Cooper filed suit against George Henry Smith of Robeson County, for collecting …
Dick Harris, owner of the Whitefield, NH Country Village Mobile Home Park recently received apparent good news regarding his park expansion proposal, The Caledonian Record reports. Harris was given unanimous approval from the planning board to expand his community. The first phase of this three-phase expansion will add four homes …
Manufactured Home Community Expansion Approved, But… Read More
