MarketWatch bullets for the day include: Sensitive data again leaked out of the Fed early. Hello self-driving cars, goodbye 4.1 million jobs? Apple’s stock lead with their strong iPhone 7 release. And MarketWatch likes Clinton’s plan less than Trump’s. Oil was down, while gold rose a smidge. At the closing […]
Manufactured Housing Composite Value rises, as do all 3 major indexes Read More
Ocala, Florida based Nobility Homes, Inc. (OTCQX: NOBH) announced key results and financial highlights for their 3rd fiscal quarter, which ended on July 30, 2016. “The demand for affordable manufactured housing in Florida and the U.S. is improving,” said Terry Trexler, president of Nobility, per MarketWired. “According to the Florida
Manufactured Home Builder Nobility Homes Announces Sales, Earnings for Q3 2016 Read More
COAP, Inc. recently joined the SmartMH KY™ program, a strategic alliance of the manufactured housing industry producers, lenders, retailers, utilities, non-profits and stakeholders who’ve made it their mission to make ENERGY STAR™ homes more accessible via better loans throughout Kentucky, the Harlan Daily Enterprise reports. COAP’s mission, per their website,
COAP teams up with SmartMH KY Initiative Read More
A recent study done by the financial publication 24/7 Wall St. ranked the nations’ top 50 metro areas based on the percentage at which their jobs increased over the past four years. The Elkhart-Goshen area was ranked 10th nationwide and first in Indiana when it comes to job creation over
Study: Michiana areas top job creators; Manufactured Housing helps leading the way Read More
Some noteworthy headlines on CNNMoney: U.S. opens investigation into Wells Fargo scandal. Lucky number 7! Apple’s stock is soaring. Ford moving all small car production to Mexico. Some bullets from MarketWatch – Why Wells Fargo isn’t likely to claw back compensation from top executive. Feds reportedly investigating Wells Fargo’s sales
Patrick Rebounds, Carlyle, and MHCV does too – broader markets mixed Read More
“Written comments submitted by two highly-respected independent organizations regarding the U.S. Department of Energy’s (DOE) proposed manufactured housing “energy” rule — specifically citing the Manufactured Housing Association for Regulatory Reform (MHARR) — echo and confirm the vigorous objections to that proposed rule set out by the Association in its own
MHARR gets Third Party backup on Controversial, Proposed DOE Rule for Manufactured Homes Read More
JACKSON, OH — James “Jim” Elliott lived life to the fullest — every single day of his 73 years. To say he had a zest for life would be an understatement, said Legacy. Jackson passed away in his home on Saturday, Sept 10, 2016, with his family with him, the
Passages – MH Industry Veteran Elliott dies, RIP Read More
Analysts at Citigroup in a research report released to investors upgraded Sun Communities, Inc. (NYSE: SUI) from “neutral” to “buy” on Monday with a target price of $86.00 on the real estate investment trust’s (REIT) stock. This news comes on the heels of other reports from TheStreet – cut from
Citigroup Inc., other investment managers, sound off on Sun Communities Inc. (SUI) Read More
The Controversy – two sides of rent control – are found in what looked to be a political event at an ice cream social. It began when the North Santa Barbara County Manufactured Homeowners Team (NSBMHT) gave congressional, state legislature and city council candidates a chance to talk about their
CNNMoney says – Waiting for the Fed: Market volatility is back from summer break. MarketWatch’s bullets include – Wall Street’s ‘fear gauge’ shows that it may get ugly in the stock market. Stocks sell off as retreating oil, Fed worries dog market. They note too that GOP nominee Donald Trump
Killam and Deer Valley hold; Broader Markets, MHCV and other Track Stocks Tumble Read More
The Skinny: New residential construction company Sm+RT Homes, LLP, based in Fridley, MN is teaming with Dynamic Homes of Detroit Lakes, MN to provide affordable, factory-built houses in North Minneapolis as well as a modular home manufacturing plant in that part of the city. North Minneapolis has suffered from foreclosures,
Sm+RT Homes Teams with Dynamic Homes, mulls North Minneapolis Plant Read More
In a recently reported discussion about affordable housing in Portland, Oregon, four “surprising facts” were raised by OregonMetro’s Craig Bebbe. The panel discussion at the Metro Regional Center shared hopeful signs for preserving and possibly even expanding access for manufactured housing and manufactured home communities in the future. Bebbe called
Presidential campaigns often revolve around policies and personalities. Related issues like character, health and others also arise. Manufactured housing professionals mirror to some extent the views of the broader nation. There are Democrats, Libertarians, Independents and Republicans. Look hard enough, and a supporter of Jill Stein and her Green Party
Campaign 2016 – Hillary’s 911 and Manufactured Housing Read More
Financial Services Committee Chairman Jeb Hensarling (R-TX) recently introduced the Financial CHOICE Act, which would serve as a Republican alternative to the Dodd-Frank Act. This move was made because it’s believed the Democratic-backed Dodd-Frank Act has had a negative impact on the country’s economic recovery; a recovery the Financial Services
Hensarling files Financial CHOICE Act to replace Dodd-Frank Read More
In a stinging statement beyond the quoted headline above in a recent Mercury News Editorial, opens with these words; “The California Legislature has whiffed on the housing crisis. Increasingly, it’s up to cities and counties to solve it.” Indeed, the affordable housing crisis, as routinely reported in the Daily Business
“Housing is not a priority for Gov. Jerry Brown” Read More
Due in part to the sheer volume of new content, during Superior September, 2016 the new featured articles have been phased in on the MHProNews home page. Among the most recent published is a new exclusive interview; A Cup of Coffee with…Mark Weiss, President and CEO of the Manufactured Housing
Manufactured & PreFab Housing Industry Publishing Announcements Read More
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
