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.
A November 7, 2016 election MHProNews analysis. It’s an exaggeration to say that the mainstream media is all one sided. The AP reported last summer on the linkage between the Clinton’s State Department meetings with Hillary and donations to their foundation (see below). The New York Times helped break the […]
All Locked Up! Election Videos, Pics & Analysis Read More
Champion Homes has announced that it will purchase and reopen a recently vacated manufacturing facility formerly operated by Excel Homes in Susquehanna Township, Penn. With the reopening, Champion Homes plans to create 246 new jobs over the next three years. “Champion was drawn to this opportunity by the strength of
Champion Homes Purchases Former Excel Homes Facility Read More
We begin the month with another thought-provoking theme: Entrepreneurs November in MHVille 2016. That link will take you to all of the featured articles and interviews this month. save this special address from Donald Trump to MHProNews – and thus to our industry, click here. Manufactured, modular and prefabricated home professionals know that how
The New York Times and the Wall Street Journal both agree on this point. That the Clinton Foundation and its name-sakes are replete with corrupt, conflicts of interest. Deep blue Michigan and Pennsylvania are seeing the return of Hillary Clinton and her campaign’s surrogates. They are in play. Clinton Campaign
Clinton Cash Machine vs. Donald Trump’s Movement – Closing Arguments Video Read More
Sun Communities, Inc. (NYSE: SUI) reported its Q3 2016 results on November 1, 2016. For the quarter ending September 30, 2016, total revenues increased $64.3 million, or 34.7 percent, to $249.7 million compared to $185.4 million for the same period in 2015. Net income available was $18.9 million, or $0.27
Sun Communities Announces Q3 Results Read More
Don’t let any network or pundit depress you or your vote, because when you dig past the surface of the recent polling, you see that this election is a true tossup on who will be the next occupant of the Oval Office. Irony of ironies is to see a growing
Irony and Hypocrisy – Nation of Islam’s Farrakhan Disses Obama, Clinton, Backs Trump Read More
Noteworthy headlines on CNNMoney – Rolling Stone found liable for defamation. Why a lot of people are moving out of California. Cash is still king for Americans. U.S. unemployment falls to 4.9%. Some bullets from MarketWatch – U.S. stocks close lower for ninth time, in worst run since 1980. Why
MHCV Bright Spot as Broader Markets Suffer Ninth Consecutive Down Day Read More
According to Dutch modular housing company Cubicco, not only are these hurricane-proof homes possible, they are popular. And they’re starting to pop up in Florida. According to Business Insider, Cubicco houses – which are made of laminated wood and cork – start at $200,000 and can be built in only
A $200,000 Hurricane-Proof House? Read More
At the recently held Data, Demand and Demographics: A Symposium on Housing Finance in Washington, D.C., CoreLogic Chief Economist Frank Nothaft shared a strong statement with housing insiders in attendance. If you’re waiting for any dramatic shifts in housing, interest rates, or anything like them, you’re likely to be left
Housing’s New Normal: Low Interest Rates, Shifting Demand – MH Opportunity? Read More
The Manufactured Housing Association for Regulatory Reform (MHARR) has released it’s November 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 month’s report: Fifty state installation power grab by HUD, including key highlights
MHARR November Washington Update, Exclusive Report and Analysis Read More
Washington, D.C., November 3, 2016 – The Manufactured Housing Association for Regulatory Reform (MHARR) reports to MHProNews that according to official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), manufactured housing industry production increased again during September 2016, showing double-digit growth. Just-released statistics indicate
HUD Code Manufactured Housing Production Sees Double Digit Growth Read More
“The USC Dornsife/Los Angeles Times “Daybreak” poll tracks about 3,000 eligible voters until election day, asking on a regular basis about their support for Hillary Clinton, Donald Trump or other candidates as well as their likelihood of actually casting a ballot.” So says the LA Times in their politics polling
Where the Presidential Race Stands Today Read More
Noteworthy headlines on CNNMoney – Wells Fargo’s legal mess just got worse. Brexit roadmap: what happens next. FOX News gives Tucker Carlson a primetime show. Some bullets from MarketWatch – Stock market falls for 8th straight session. Generic drug stocks dive on report of possible criminal charges. Starbucks rallies on
Affiliated Managers Group Leads Up Day for MHCV, Broader Markets Down Again Read More
UMH Properties, Inc. has successfully completed the $16.3 million refinancing of its Fairview Manor community through Wells Fargo Bank, N. A. The loan, from the Federal Home Loan Mortgage Corporation (Freddie Mac), has a 10-year maturity with principal repayments based on a 30-year amortization schedule. Interest is set at 3.85 percent
UMH Properties Announces New Mortgage Loan Read More
Drew Industries Inc. (NYSE:DW) is scheduled to release its Q3 2016 earnings data this morning at 8:30 a.m. ET. Analysts expect Drew to post earnings of $1.20 per share (EPS) and revenue of $392.70 million for the quarter, according to The Cerbat Gem. During its Q2 earnings call on August
Drew Industries to Announce Q3 Earnings; Analysts, Big Banks Bullish Read More
Noteworthy headlines on CNNMoney – Anti-trust suit filed against DIRECTV. Venezuela is running out of time and money. The Wall Street Journal trims paper – and staff. Oil dives seven percent this week. Some bullets from MarketWatch – Whole Foods eliminates co-CEO structure, names John Mackey CEO. Fed says it
Drew Industries Up on Down Day for MHCV, Broader Markets, Oil Down Again Read More
Troy, Michigan-based Champion Homes has opened a 100,000-square-foot facility in Benton, Ky. The facility represents a $6.3 million investment for Champion and is expected to create 150 new jobs. “At Champion, we’re driven to produce the highest-quality affordable housing in part because we understand the special feeling our customers have
Champion Homes Opens Manufactured Home Plant in Kentucky Read More
In a first for the 74-year-old organization, the National Association of Home Builders (NAHB) finalized a list of congressional candidates that it believes will help to boost housing in the U.S. According to Door & Window Market Magazine, the NAHB announced in September that it would be working
National Association of Home Builders Endorses Congressional Candidates Read More
The Novi Home Show took place October 14th-16th in Novi, Michigan and featured six different manufactured home models, courtesy of the Michigan Manufactured Housing Association (MMHA) as a part of the Suburban Collection Showplace. Billed as “a show within a show,” nearly 5000 people had a chance to tour models from
MMHA “Show Within a Show” Delivers Results Read More
Clayton Homes, a subsidiary of Berkshire Hathaway, has acquired Lee’s Summit, Missouri-based Summit Custom Homes, according to the Kansas City Business Journal. The acquisition was made by the company’s site-built division, Clayton Properties. As Daily Business News readers are aware, Clayton Homes is the largest producer of manufactured homes in
Clayton Homes Makes Key Acquisition Read More
