As the debt ceiling issue rages on in DC, the Dow dropped just over half a percent to close at 12,240.11, off by – 62.44. Manufactured housing stocks had mixed results. Overall the Manufactured Housing Composite Index rose +0.82% to 1018.70. Clayton’s parent Berkshire Hathaway closed 112,336.00, up $286 or +0.26. Cavco Industries rose 4.02% to close at 42.56. Drew Industries was off a fraction, -0.06 to close at 21.31. Equity Lifestyle Properties dipped -0.93 to 64.55. Nobilty Homes dropped -0.75 closing at 7.72. Palm Harbor Homes was up 11.11% at .0.012. UMH Properties nudged up 0.23 to close at 10.90. Skyline fell -0.55 closing at 13.40. Sun Communities rose +1.05 to close at 38.40.
(Photo credit: CNN Money of Treasury Secretary Timothy Geithner)