Dow Drops, Deer Valley and Nobility Homes Deliver

In response to continued waiting for the Greek government to come up with a plan to avert defaulting on its debt, CNNMoney tells MHProNews.com the Dow Jones Industrial Average nudged down -0.13 percent, 17.1 points, before closing at 12,845.31. The Nasdaq dropped the same percent, -0.13, while the S&P slid -0.04 percent. The Yahoo! Finance Manufactured Housing Composite gained +1.04 percent to close at 968.3. Tracked housing stocks closed mixed. Deer Valley Corp. posted the biggest gain of the day, advancing 14.75 percent, +0.09, to close at 0.70. Nobility Homes also did well, gaining 10.08 percent, +1.51, to close at 6.50. Patrick Industries slid the most of tracked stocks, -3.87 percent, -0.24, to end the day at 5.96. Affiliated Managers Group 106.59 -1.10 (-1.02%). Cavco Industries 52.84 +0.08 (+0.15%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 119.840 +40.00 (+0.03%). Champion, Liberty Homes, and Palm Harbor all remained unchanged. Drew Industries 26.75 -0.56 (-2.05%). Louisiana Pacific Corp. 8.89 -0.08 (-0.99%). Skyline Corp. 6.40 -0.22 (-3.28%). Sun Communities 40.78 -0.43 (-1.76%). Third Avenue Value Fund (2-3) 45.93 +1.08 (+2.41%). UMH Properties was unchanged at 10.75. Universal Forest Products, Inc. 34.02 -0.94 (-2.69%).

(Graphic credit: CNNMoney and RealTick)

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