Economy

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Consumer Confidence Soars Post-Election – 2017 Outlook

The Consumer Confidence Index® posted another gain in December, says the Conference Board in a media release. “The Index now stands at 113.7 (1985=100), up from 109.4 in November,” their report stated. “The Expectations Index increased sharply from 94.4 to 105.5.”  They noted that the Present Situation Index decreased from 132.0 …

Consumer Confidence Soars Post-Election – 2017 Outlook Read More

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Deer Valley Leaps! Manufactured Housing Comp Value, outperforms 3 Major Markets

Noteworthy headlines on CNNMoney – Investors wipe $6.6B off Toshiba’s market value. Breitbart tech editor snags book deal. Trump and trade: What you need to know. Trump: Sprint will create 5,000 U.S. jobs. Noteworthy headlines on MarketWatch – How energy stocks could power the Dow toward 24,000 in 2017. Dollar pulls back after recent rally, …

Deer Valley Leaps! Manufactured Housing Comp Value, outperforms 3 Major Markets Read More

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Small Business Optimism Soars Post-Election

“What a difference a day makes,” said Juanita Duggan, President and CEO of the National Federation of Independent Business (NFIB). “Before Election Day small business owners’ optimism was flat, and after Election Day it soared.” “This month we bifurcated the data to measure the results before and after the election,” …

Small Business Optimism Soars Post-Election Read More

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HUD Announces Record $1.9 Billion in Grants to “End Homelessness”

On December 20th, the Department of Housing an Urban Development (HUD) announced that it has awarded a record $1.95 billion to numerous homeless assistance programs across the U.S., including Puerto Rico, Guam, and the U.S. Virgin Islands. “As part of the Obama Administration’s effort to prevent and end homelessness, the …

HUD Announces Record $1.9 Billion in Grants to “End Homelessness” Read More

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Sunday Morning Weekly Recap – Manufactured Housing Industry News – December 18th, 2016 – December 25th 2016

As December rolls on, the current featured articles are found on the MHProNews home page. Our theme for this month is: DAAD = Dramatic! Advent! Adventure! December 2016! To see the line-up of over 3-dozen featured articles for this month, along with the headline commentary, please click the link above. Manufactured, …

Sunday Morning Weekly Recap – Manufactured Housing Industry News – December 18th, 2016 – December 25th 2016 Read More

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U.S. Existing Homes Sales Reach Highest Level in Nine Years

Data from the National Association of Realtors (NAR) shows that Americans bought homes in November at the fastest pace in nearly a decade. Sales of existing homes rose 0.7 percent last month to a seasonally adjusted annual rate of 5.61 million housing units. That was up from a downwardly revised …

U.S. Existing Homes Sales Reach Highest Level in Nine Years Read More

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UMH Properties Makes More Moves, Promotion Announced

UMH Properties, Inc. (NYSE: UMH) has been busy in the week leading up to the Christmas holiday. UMH announced on December 19th that it has closed on its $4.33 million acquisition of a community in Ohio. The all-age community contains 124 developed homesites situated on approximately 121 acres with and occupancy …

UMH Properties Makes More Moves, Promotion Announced Read More

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CFPB Takes Action, Faces Additional Scrutiny

As the year draws to a close, the Consumer Finance Protection Bureau (CFPB) is taking action, and is also facing scrutiny. According to Mortgage Daily News, The CFPB has entered into a consent order with Moneytree to settle allegations that the company engaged in deceptive advertising, sent consumers deceptive collection letters, …

CFPB Takes Action, Faces Additional Scrutiny Read More

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Open Letter to Dr. Ben Carson – Publisher Invites Next Secretary to Historic HUD Achievements

MHProNews and MHLivingNews Publisher L.A. “Tony” Kovach has penned an open letter to newly appointed Department of Housing and Urban Development (HUD) Secretary, Dr. Ben Carson. “Let me begin by congratulating you and President-elect Donald J. Trump. By way of introduction, like you, my truly better half and I publicly supported Mr. …

Open Letter to Dr. Ben Carson – Publisher Invites Next Secretary to Historic HUD Achievements Read More

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Sunday Morning Weekly Recap – Manufactured Housing Industry News – December 11th, 2016 – December 18th 2016

As December rolls on, a new set of featured articles are found on the MHProNews’ home page. Our theme for this month is: DAAD = Dramatic! Advent! Adventure! December 2016! To see the line-up of over 3-dozen featured articles for this month, along with the headline commentary, please click the link …

Sunday Morning Weekly Recap – Manufactured Housing Industry News – December 11th, 2016 – December 18th 2016 Read More

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FHFA Makes Major Move, Significant Impact Expected on MH Loans

The Federal Housing Finance Agency (FHFA) finalized a rule on December 13th that creates a “duty to serve” for Fannie Mae and Freddie Mac. The action is aimed at having government-sponsored enterprises (GSEs) enter the market for manufactured home loans by creating a pilot program under which they receive credit …

FHFA Makes Major Move, Significant Impact Expected on MH Loans Read More

Business Optimism Rises with Trump’s Ascendancy, as Energy Issues take Center Stage

The National Federation of Independent Businesses’ (NFIB) small business optimism index rose from 94.9 to 98.4 in the wake of president-elect Donald Trump’s victory in the U. S. elections, marking the largest increase since 2009.   “This month we bifurcated the data to measure the results before and after the …

Business Optimism Rises with Trump’s Ascendancy, as Energy Issues take Center Stage Read More

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UMH Draws Publicity, Stock Price Spikes…Coincidence?

UMH Properties (NYSE: UMH) is seeing significant growth in Nashville, Tennessee and hopes to shed the “trailer park” perception around manufactured housing. Could positive publicity also be fueling a rise in stock prices for the Freehold, New Jersey based company? With the sharp rise in demand for housing, UMH wants …

UMH Draws Publicity, Stock Price Spikes…Coincidence? Read More

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Sunday Morning Weekly Recap – Manufactured Housing Industry News – December 3rd, 2016 – December 11th 2016

As December rolls on, a new set of featured articles are found on the MHProNews.com home page. Our theme for this month is: DAAD = Dramatic! Advent! Adventure! December 2016! To see the line-up of over 3-dozen featured articles for this month, along with the headline commentary, please click the link …

Sunday Morning Weekly Recap – Manufactured Housing Industry News – December 3rd, 2016 – December 11th 2016 Read More

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MHARR on Trump, Dr. Carson for HUD, Finance, Exclusive Report and Analysis

The Manufactured Housing Association for Regulatory Reform (MHARR) has released its December 2016 Washington Update, an exclusive report and analysis that addresses key issues with the U.S. Department of Housing and Urban Development (HUD). Covered in this MHARR report: MHARR’s planned focus on incoming Trump Administration Carson nominated to be …

MHARR on Trump, Dr. Carson for HUD, Finance, Exclusive Report and Analysis Read More

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SKY, AMG Risers on Manufactured Housing Comp Value, Markets Moving Up

Noteworthy headlines on CNNMoney –Trump wants to cancel Air Force One order from Boeing. Trump claims credit for $50 billion investment by Japanese firm. AT&T, Time Warner CEOs hopeful merger will be approved under Trump. Donald Trump says he sold all his stocks in June. Why Disney should cut the …

SKY, AMG Risers on Manufactured Housing Comp Value, Markets Moving Up Read More

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Open for Biz! Trump announces Japan’s SoftBank investing $50 billion in US, aiming 50,000 jobs, Video

CNBC reports that President-elect Donald Trump, accompanied by SoftBank CEO Masayoshi Son spoke to members of the media at Trump Tower in New York, Tuesday, Dec. 6, 2016. The Japanese company bought large stakes in Sprint and British chipmaker ARM Holdings earlier this year. Son told the media that he arranged …

Open for Biz! Trump announces Japan’s SoftBank investing $50 billion in US, aiming 50,000 jobs, Video Read More

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Manufactured Housing Leads the Way for State Encouraging Innovation

In Oregon, Douglas County has a challenge. The home ownership rate in the county is lower than that of the state and the country, per 2014 census data. It also has a higher level of poverty — about 20 percent of people are living below the poverty level, compared to 17 …

Manufactured Housing Leads the Way for State Encouraging Innovation Read More

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Dodd-Frank: Clintons, Buffett, Trump and What it all Means

With President-elect Donald Trump set to take office in a few weeks, one of the issues front and center is Dodd-Frank and what will happen to the legislation, which Senators Elizabeth Warren (D. MA.) and Bernie Sanders (I. VT.) have vowed to defend. The issues, opinions, perspectives and points of …

Dodd-Frank: Clintons, Buffett, Trump and What it all Means Read More

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Sunday Morning Weekly Recap – Manufactured Housing Industry News – November 27th – December 3rd, 2016

With Entrepreneurs November in MHVille 2016, in the rear-view mirror, December and an entirely new set of featured articles are found on the MHProNews.com home page. Our theme for this month is: DAAD = Dramatic! Advent! Adventure! December 2016! To see the line-up of over 3 dozen featured articles for this month, …

Sunday Morning Weekly Recap – Manufactured Housing Industry News – November 27th – December 3rd, 2016 Read More

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