News Reports: Housing news updates and reports for Manufactured Home and Modular Housing Industry professionals and investors. Business – daily fact checks, market reports, and analysis.
Breaking news – President-elect Donald Trump has announced that Sprint will be bringing thousands of jobs – about 5000 – back to the United States. A new company – OneWeb is hiring 3,000 people – the president-elect announced at a news conference minutes after 5 PM ET. Noteworthy headlines on CNNMoney –Trump’s […]
Skyline, LPX Drop! Sun & ELS Buck Dive, MHCV Slips Again, Broader Markets Retreat Read More
A flurry of comments follows the controversial, and many would say, flawed story by National Public Radio’s (NPR) correspondent, Daniel Zwerdling. Broadcast on NPR’s All Things Considered, one professional suggested that the taxpayer-sponsored program ought to be renamed, Only Progressive Viewpoints Considered. Tim Williams, M. Mark Weiss and community owner/investor
“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
In a story that the Daily Business News originally covered in September, residents at the Lowry Grove Mobile Home Park in St. Anthony, Minnesota have received news that the deadline for closing the community has been pushed from March 15 to June 30, 2017, the end of the school year.
Community Gets Reprieve In Closing Case Read More
Noteworthy headlines on CNNMoney – Carrie Fisher, ‘Star Wars’ Princess Leia, dies at 60. Obamacare premium hikes called ‘one-time’ fix. Feds bust Chinese hackers over stolen law firm secrets. Europe’s weakest bank needs even more help. Saudi Arabia will tax expats and hike gas prices again. Noteworthy headlines on MarketWatch
UFPI, LPX lead gainers, as MHCV slides, Nasdaq New Record, No 20000 Dow, yet Read More
“The government estimates there are more than 8 million manufactured houses in America,” said Daniel Zwerdling, on National Public Radio’s (NPR) All Things Considered. “They’re a major source of low-income housing. But Syringa shows that the legal and financial ways that mobile home communities are set up often turn the
Pitkin County, Colorado commissioners have elected to advance their planned acquisition of the 76.3 acre Phillips Mobile Home Park in Snowmass, with a focus on preserving affordable housing options. According to the Aspen Daily News, current owner, Helen Noyes, and her son, Hiram, have continued to maintain the property as
County to Buy Manufactured Home Community, to Preserve Affordable Housing Read More
In a hotly contested property rights versus residents rights case, originally covered by the Daily Business News in September, a Santa Clara County, California Superior Court judge has reversed an order to close Buena Vista Mobile Home Park, Palo Alto’s last manufactured home community, based on a court filing from
Judge Reverses Controversial Decision to Close Manufactured Home Community Read More
Affiliated Managers Group Inc. (NYSE:AMG) has seen a flurry of activity recently. Per Baseball News Source, CEO Sean M. Healey sold 62,000 shares of stock on December 15th. The stock was sold at an average price of $154.84, for a total transaction of $9,600,080.00. Healey now directly owns 122,292 shares in
Insider Selling, Investor Movement at Affiliated Managers Group Inc. Read More
The stock markets are closed today, as Christmas is observed in 2016 on December 26th. The Daily Business News manufactured housing connected market report for last Friday, is linked here. That reports includes links to other details on various tracked manufactured housing stocks. The 2017 stock market schedule, as announced
Market Report – NYSE Market Schedule 2017 Posted Read More
Sun Communities Inc. (NYSE:SUI) has seen several insiders, investors and analysts taking action recently. According to Community Financial News, Director Stephanie W. Bergeron sold 4,850 shares of stock on November 17th. The stock was sold at an average price of $70.63, for a total value of $342,555.50. Bergeron now owns
Insider Trades, Plus Investor Action, Announcements at Sun Communities Read More
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
In a follow up to a story that the Daily Business News originally covered in October, hundreds of residents are now facing imminent eviction from the East End Mobile Home Park in Manassas, Virginia. And, once again, they are asking the city council to help. But they feel that they
Residents Facing Eviction Ask City Council for Lifeline Read More
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,
It is the festival celebrated by billions, perhaps the most widely known event of every year for many centuries. “Christmas or Christmas Day is an annual festival commemorating the birth of Jesus Christ,” says Wikipedia, “observed most commonly on December 25 as a religious and cultural celebration among billions of
Celebrated by Billions Read More
The Christmas spirit is alive and well around the nation in the manufactured housing industry this season. Michael A. McClendon runs a nonprofit outreach organization, Whatever It Takes, that was designed to help homeless men. Then, a woman approached him in need with her two children. Her husband had beaten
Christmas! Business Donates Manufactured Homes to Those in Need Read More
Hanukkah or Chanukah is the Jewish Festival of Lights. The word “Hanukkah” means “dedication.” “The festival is observed by the kindling of the lights of a unique candelabrum, the nine-branched menorah (also called a Chanukiah/Hanukiah), one additional light on each night of the holiday, progressing to eight on the final
The Festival of Lights, 2016 Read More
Universal Forest Products Inc. (NASDAQ:UFPI) has seen investors make moves in the company, led by Shinko Asset Management Co. Ltd. reducing its stake in the company by 30.6 percent during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). A number of other institutional
Inside Recent Moves at Universal Forest Products Inc. Read More
Noteworthy headlines on CNNMoney – Just how far will Trump go on China and Mexico? DOJ vs. banks: $60B in fines for toxic mortgages. Be “very afraid” about globalization’s next phase. Deutsche Bank strikes $7.2 billion deal with U.S. Some bullets from MarketWatch – Putin says Democrats lost U.S. election
NorthStar, Drew Industries, Manufactured Housing CV and Markets End Up Read More
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
