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
Non-Profit Mammoth Receives $1 Million Grant Read More
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
12 analysts gave the asset management company, The Carlyle Group, a consensus ‘Buy’ rating for it stock, the Ticker Report advised MHProNews. Analysts recently changing their rating on shares of The Carlyle Group from an “under perfom” to a “neutral” has brought the price target on the stock at a
New Consensus Recommendation for The Carlyle Group Read More
On Feb 2, 2011, the Consumer Financial Protection Bureau (CFPB) uploaded the video below to showcase their message and mission to the American public. At 2:40 PM on 10.10.2014, 33,119 views of the video had reportedly occurred, with 77 thumbs up and 7 thumbs down. Actor-Director Ron Howard was used
Ron Howard on CFPB’s Promotional Video – Your Tax Dollars at Work Read More
As midterms elections approach, the Mortgage Banker Association (MBA) is seizing the lobbying opportunity to fund Congressional campaigns; hoping to open more discussions to gain relief from the Consumer Financial Protection Bureau (CFPB) regulations currently in place in the U.S.. National Mortgage News told MHProNews that Dave Stevens, president and
MBA’s Lobbying seeks to ease CFPB’s Mortgage Regulations Read More
For those who don’t recall Sam Zell’s comments on the high cost of cheap money and current economic policies, part of his expected day of reckoning may be here. Stock commentators say this correction is a good thing, as CNNMoney tells MHProNews that the last one like this was in
Oil and Stocks Slip Slide, MH Stocks dip too Read More
Wholly owned SearchCore Inc. subsidiary Wisdom Homes announced sales of $351,500 generated by the sale of manufactured homes in Q3 2014. “This was a milestone quarter for the Company because it was our first quarter having our Tyler, Texas retail center fully operational. Inventory arrived in early August allowing us
SearchCore’s Wisdom Homes of America announces Q3 2014 sales Read More
Congressmen Marlin Stutzman (R-3 IN) and Jackie Walorski (R-2nd IN) announced Thursday October 9th legislation they’ve introduced legislation aimed preventing recreational vehicles from being regulated as manufactured housing. Brian Francisco at the Fort Wayne Journal Gazette tells MHProNews that the RV industry is seeking to avoid “restrictive taxing, zoning and
Florida Manufactured Housing Association (FMHA) President Cyndi King introduced the federal Housing and Urban Development (HUD) Manufactured Housing Program director – Pam Beck Danner, JD – to the FMHA’s packed 2014 annual meeting in Orlando on 10.8.2014. Danner described the busy 6 months she’s had at HUD, which included no
HUD’s Pam Danner draws robust welcome during address at FMHA annual event Read More
Parkbridge Capital Group, LLC manager Lee Meekcoms, whose name is already well established in the real estate industry, led the closing of a $12,000,000 transaction between a private investor from Florida and Paradise Park in the McAllen-Pharr area of the Rio Grande Valley of Texas. Clearwater FL based Parkbridge specializes
12 Million MH Community deal in Rio Grande Valley Read More
Global News tells MHProNews how her tiny house has changed Lydia Holden’s way of life. With just a little over 100 square feet to live in, the 24 year-old has found an affordable way to become a home-owner. Lydia paid “only” $30,000 for her 136 square foot home. The tiny
Canadians Mini-Dwellings – Video Report – on north-of-the-border Tiny House Movement Read More
