Decision Day 2014 has arrived, and the mid-term election results are predicted by the left-leaning New York Times to bring a 70% chance of a Republican take over of the U.S. Senate. CNN puts those odds at 95%, the Washington Post at 97%. Early voting patterns and a wide range …
As D-Day approaches, 70%-97% odds predicted for Senate in mid-term elections Read More
China’s overbuilt ‘ghost cities,’ Sprint announcing layoffs are among the factors tamping down the markets, but manufactured housing stocks often managed to gain in trading today. Dow 17,366.24 -24.28 -0.14%. Nasdaq 4,638.91 +8.17 +0.18%. S&P 500 2,017.81 -0.24 -0.01%. The Yahoo! Finance Manufactured Housing Composite Value: 570.00. Today’s Change: +1.50% As of …
The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews that official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD) reflect manufactured housing industry production growth continued during September 2014. Just-released statistics indicate that HUD Code manufacturers produced 5,862 homes in September 2014, a …
Manufactured home production growth continues in September 2014 report Read More
The Department of Energy is considering new efficiency rules, download linked here, for residential non-weatherized gas furnaces and “mobile home” gas furnaces. The Energy Department’s Office of Energy Efficiency and Renewable Energy announced Wednesday it will hold a public meetings to discuss the proposed rules. This comes after a federal …
New Rules for Gas Furnaces from Department of Energy Read More
Patrick Industries, Inc. (NASDAQ: PATK), a major manufacturer and distributor of building and component products for the recreational vehicle (“RV”), manufactured housing (“MH”) and industrial markets, reported its financial results for the third quarter and the nine months which ended September 28, 2014. CNN Money tells MHProNews that net sales …
When the temperatures drop in wintertime, owners of Manufactured Homes reap a great benefit, lower heating bills. One of the top trends driving today’s housing market is the demand for energy-efficient homes that don’t sacrifice comfort for quality. Here’s what is trending for 2015 and beyond. “Because of the way …
Manufactured Homes Soar in Energy Efficiency, says University of Michigan Read More
With the mid-term elections just a halfway point to the 2016 Presidential Election, the topic of donations to candidates once again has us in disbelief in the obvious padding of campaign war chests from Goliath donors. Foster’s Daily Democrat are among those telling MHProNews that it’s no secret that poorly funded …
Accessing Washington’s Political Power Brokers? Open your Vault. Read More
The 13- to 17-year-olds of “Generation Z” believe homeownership is more important than graduating from college, getting married or having children. Inman reports to MHProNews that teens in the survey indicated that they’d give up perks like video games, eating out, social media or music downloads if it meant affording any house they …
The number 1 source for visitors, per Webalizer, on the new Manufactured Home Living News are from the U.S.. That should be obvious, but what makes up the next 10? The pace of traffic on the site is accelerating. With over a million visits – and millions more ‘hits’ (or …
A recent survey by the National Association of Home Builders (NAHB) indicates that mortgage lending standards are so tight, it remains challenging for potential buyers to invest in new homes and real estate. After years of struggle due to the 2008 financial crisis, “housing has seen some positive growth throughout the …
NAHB’s David Crowe asserts tight credit harming new housing sales Read More
Affiliated Managers Group (AMG) shares rating remains a “buy” after being reviewed by Bank of America on Tuesday Oct. 14. At the opening of the stock exchange session, the group’s shares were selling for $185.36. As WKRB informs MHProNews, AMG is staying below their price objective fixed at $230 a …
Sean M. Healey, Chairman Affiliated Managers Group, glows on Buy rating Read More
Fears of jittery investors, says CNN Money to MHProNews, continues to drive a decline in stocks. The Dow’s slide slowed and Manufactured Housing fared better than the Dow overall. Dow 16,315.19 -5.88 (-0.04%). Nasdaq 4,227.17 +13.51 (+0.32%). S&P 500 1,877.70 +2.96 (+0.16%). The Yahoo! Finance Manufactured Housing Composite Value: 537.8. …
Market Correction Continues; Manufactured Housing Composite up Read More
The national trade group, Manufactured Housing Association for Regulatory Reform (MHARR), says in a Journal OpEd by their CEO emailed on October 14th of the potential risks related to government actions to expand laws currently regulating HUD Code factory-built home industry. Efforts to implement further regulations on Manufactured Homes (MH) …
Sun Communities saw their shares downgraded to a “market perform” in a ratings reports Friday Oct. 10. That same day the company’s trading ended at $51.44 a share. These recent numbers are not about bad performance for the Sun Communities, but rather what the Watch List News informs MHProNews that …
Analysts and Observers debate performance of SUN Communities Read More
The Wall Street Journal (WSJ) suggests that recent government policies are harming American citizens, and point to the words of 1974 Economic Nobel Prize winner, Friedrich A. Hayek. Hayek accepted the honor while warning the world that policy-making should be reserved for topic experts. “The curious task of economics,” Hayek famously …
Hayek and The Fatal Conceit Revisited by Wall Street Journal Read More
Contrary to common beliefs, older people may struggle as much as college students and young graduates to deal with rising housing costs; so says a recent survey by the Employment Benefit Research Institute. Insurance News Net (INN) tells MHProNews “home-related expenses, including rent or mortgages, insurance, utilities, furnishings and home …
EBRI points to Manufactured Housing Opportunities, Challenges too Read More
Award-winning, nationally syndicated columnist, Ilyce R. Glink, writing for CBS News, provided home buyers in general – and manufactured housing shoppers and professionals in specific – with a gift. Glink tells MHProNews that finding affordable living options is difficult, but doable. Glink advised buyers not to “run away when you …
CBS News’ Ilyce Glink gives Manufactured Housing vs. old houses the gift of Comparison Read More
CNN Money touts that “China loves Capitalism,” even as the U.S. economic policy seems to be moving ever more towards socialism. CNBC tells MHProNews that this is the third decline in U.S. stocks, with Ebola and global economic fears named among the drivers for investors. Dow 16,321.07 -223.03 -1.35%. Nasdaq …
Stocks Slide Continues on Ebola, global economic concerns Read More
Mammoth Lakes Housing (MLH) has just received a grant from the California Department of Housing to assist with mortgage and the rehabilitation of manufactured housing. The private non-for-profit proudly announced the news and plans to use the $1 million for the purchage and the rehabilitation of pre-HUD Code mobile homes as …
Manufactured housing’s historic producer, Skyline Corporation, closed a deal made with Evergreen Recreational Vehicles, LLC on Oct. 7. The Real Property Purchase Agreement transferred Skyline’s RV business segment at an approximate cash price of $981,000. The sale executed a few days ago includes the RV manufacturing facility located in Bristol, Indiana. …
Historic Manufactured Housing producer Skyline Corporation Making Moves Read More
