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.
Residents throughout southwest Louisiana are beginning to wonder if the recent economic boom for the area is the reason several manufactured home communities are becoming RV parks, and why those living in them may be facing eviction. “It’s a landlord’s market and it’s going to continue that way until after […]
Economic Boom Causing Manufactured Home Community Evictions? Read More
Dorothy Czerniak, a resident of Sun Leisure Mobile Home Park in Penticiton, British Columbia is a lucky woman. Czerniak narrowly escaped serious injury when what is believed to be an explosive device wrapped as a Christmas present exploded as she was opening it Wednesday morning. She suffered minor burns and
Explosion at Manufactured Home Community Injures Resident Read More
Clayton Homes, a subsidiary of Warren Buffett’s Berkshire Hathaway (BRK/A) has acquired Flemingsburg, Kentucky based manufactured home retailer Doyle Mobile Homes. Terms of the deal were not disclosed. Clayton Homes will turn Doyle Mobile Homes into a Clayton Home Center, and current owner David Doyle will remain with the operation
Clayton Homes Makes a new Acquisition Read More
Sun Communities Inc. (NYSE:SUI) has received average recommendation of “buy” by six of research firms that are presently covering the company. The average one-year price target among analysts that have issued ratings on the company’s stock is $82.00. Sun has also been the topic of a number of research reports:
Sun Communities Price Targets, Ratings from Analysts Read More
Noteworthy headlines on CNNMoney – Industry eyes Meredith as Time Inc. suitor. Mnuchin promises biggest tax overhaul since Reagan. Kellogg pulls ads from Breitbart. India’s boom continues but for how much longer? Some bullets from MarketWatch – Bank stocks keep climbing as data, oil price surge boosts rates. Russell 2000
Skyline, Affiliated Managers Up, Manufactured Housing Comp Down, Big OPEC News-Video Read More
Cavco Industries Inc. (NASDAQ:CVCO) has seen several investors make moves in their positions in the company. Granite Investment Partners, LLC decreased its stake in the company by 24.3 percent during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 26,194 shares
Cavco Investor$ Modify Holdings, Analysts Provide Ratings Read More
U.S. District Court East Texas Judge Amos Mazzant blocked a new rule last week that would have made millions of American workers eligible for overtime pay, and that will be seen as relief for potentially thousands of manufactured and modular housing connected companies, and other businesses too. “A preliminary injunction
Court Puts Overtime Rule on Hold Read More
A new survey from the Financial Services Institute shows confidence from independent financial advisors in President-elect Trump’s ability to strengthen both the economy and the stock market. Many are also considering expanding their operations. The survey revealed that 58 percent predicted a strong economy, and 56 percent said stocks will profit
Majority of Financial Advisors See Strong Economy Under Donald Trump Read More
Noteworthy headlines on CNNMoney – Trumponomics gets big Wall Street thumbs up. Facebook removes Zuckerberg’s posts on fake news. Dozens of “Fight for $15” protesters arrested NYC. Why rural America is missing the American Dream. Some bullets from MarketWatch – When will OPEC make its decision on oil? Stock market
Patrick, Drew Industries Up, Manufactured Housing Comp, Broader Markets Green – Video Read More
With the election of Donald Trump, many are trying to predict what’s to come for the U.S. economy in 2017 and beyond. Zillow recently shared its predictions for the U.S. housing market in 2017, including: which demographic segment will have more homeowners, that buyers may have to spend more as
Zillow’s Predictions for U.S. Housing Market Under Donald Trump Read More
While millennials continue to make their way into the workforce, barely any of them have chosen construction as an option. For some, this is not a surprise. According to a recent poll conducted by the National Association of Home Builders (NAHB), 76 percent of builders indicated cost and availability of labor as
Looking for Millennials? You Likely Won’t Find Them in the Home Building Sector Read More
Palomar Modular Buildings, a DeSoto, Texas based modular building manufacturer, has been awarded with a Portable/Modular Building contract from Region 7 Education Service Center Purchasing & Vendor Services (ESC), allowing Region 7 members to purchase modular buildings at favorable negotiated rates. “The portable/modular building contract with Region 7 gives Palomar
Modular Company Helps Schools to Solve Fluctuating Enrollment Challenges Read More
Noteworthy headlines on CNNMoney – Get ready for $40 oil if OPEC deal collapses. Boeing tax package ruled illegal by WTO. Saudis believe Trump will unleash U.S. economy. These people are opting out of Obamacare. Some bullets from MarketWatch – Dow, S&P 500 end 4-day win streak as stocks pull
Al Kemp, the Executive Director of the Manufactured Home Park Owners Alliance of British Columbia has an important message: “Trailers haul beer. Manufactured homes provide housing for people.” When talking about them to the public, or to elected officials, that’s the first item that he likes to clear up. Instead of
No Longer “Trailer Trash” – Manufactured Homes are Quality Affordable Housing Read More
In El Cajon, California, residents of the Starlight and Greenfield Mobile Homes Estates gathered at a local elementary school for a presentation about an underground trichloroethylene chemical plume that they believe causes a threat to their communities and the school. Trichloroethylene is considered the most serious and concentrated of several industrial solvents
MH Communities Threatened by Toxic Plume, Questions Remain Read More
Drew Industries Incorporated (NYSE: DW) announced that it has named Brian Hall as Chief Financial Officer, effective immediately. Hall has served as the Company’s interim CFO since September 26, 2016, replacing David M. Smith. “We are pleased that Brian has agreed to become our new CFO,” said Jason Lippert, Chief Executive Officer of Drew Industries. “His
Drew Industries Names New CFO, Quarterly Dividend posted Read More
The Consumer Financial Protection Bureau (CFPB) has been deep in the crosshairs of various groups, including industry associations, members of Congress and most recently the incoming Donald J. Trump Administration. With recent findings, the scrutiny continues to gain legs. According to campaign finance data obtained by the Washington Free Beacon, employees
Report: What’s the Most Partisan Federal Agency? Read More
This month, we continue with our thought-provoking theme: Entrepreneurs November in MHVille 2016. That link will take you to all of the featured articles and interviews this month. Manufactured, modular and prefabricated home professionals know that how a home got to its location should not define a person or their dwelling. What
The National Association of Home Builders (NAHB)/Wells Fargo builder sentiment index was released on November 16th and remained unchanged at 63. The index is two points below September’s reading, which was the highest in nearly a year. Readings above 50 indicate that builders view sales conditions as good rather than poor.
U.S. Homebuilder Confidence, November Report Read More
Noteworthy headlines on CNNMoney – Record-setting finish to holiday-shortened trading week. Dow, S&P 500 and Nasdaq at all-time highs. Trump store launches Black Friday sale. Wells Fargo tries to kill fake account lawsuit. Lufthansa forced to cancel 2,755 flights. Some bullets from MarketWatch – Biogen in promising but risky limelight
NorthStar, Universal Forest Lead Manufactured Housing Comp Value, Market Record – Video Read More
