Manufactured and Modular Housing News

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.

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UFPI and UMH buck trend – as MHCV, Broader Markets Down – Oil Hit Hard

Noteworthy headlines on CNNMoney – Top Fed Official: Big banks ‘eroded’ America’s trust. U.S. to Swiss banks: Please let Americans open accounts. Verizon: We’re ‘still evaluating’ Yahoo deal. About 70 million watch final presidential debate. Some bullets from MarketWatch – Existing-home sales jump higher in September, helped by first-time buyers. […]

UFPI and UMH buck trend – as MHCV, Broader Markets Down – Oil Hit Hard Read More

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NFIB By The Numbers: Trump, Clinton and Small Business

As part of their “Election Center” feature, the National Federation of Independent Business (NFIB) has published Who Will You Choose? Presidential Issue Comparison, that analyzes each candidates position on issues that are important to small business. The data is pulled directly from candidates’ plans.  NFIB notes that they don’t endorse

NFIB By The Numbers: Trump, Clinton and Small Business Read More

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Commissioners Approve MH Placement Ordinance

Commissioners in Eddy County, New Mexico have approved an ordinance that would allow officials to keep track of manufactured homes being placed in the county, according to the Carlsbad Current-Argus. Under the ordinance, which passed with a 4-1 vote, a permit would need to be sought before placing a manufactured home.

Commissioners Approve MH Placement Ordinance Read More

HUD Data: Most Housing can Last a 100 years

According a report from the U.S. Department of Housing and Urban Development (HUD) Office of Policy Development and Research, of the 132.42 million homes that existed in the U.S. in 2011, 98.8 percent (130.85 million) were still there two years later. The report, entitled Components of Inventory Change: 2011-2013, and

HUD Data: Most Housing can Last a 100 years Read More

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UMH, Drew and Carlyle Gain, Broader Markets Up, Oil Surges

Noteworthy headlines on CNNMoney – Why Elizabeth Warren is working Wall Street (DBN coverage of Warren at Wells Fargo hearings here). Obamacare enrollment projected to grow 9% in 2017. Saudi Arabia borrows $17.5 billion from global investors. Some bullets from MarketWatch – Yellen may be giving the sign to buy

UMH, Drew and Carlyle Gain, Broader Markets Up, Oil Surges Read More

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ELS Reports Q3 2016 Earnings, 2017 Guidance

Equity LifeStyle Properties, Inc. (NYSE:ELS) reported Q3 2016 earnings and provided guidance for 2017 via conference call on October 18th. According to baseballnewssouce, ELS reported $0.83 earnings per share (EPS) for the quarter, and revenue of $226.20 million for the quarter, compared to the consensus estimate of $116.42 million. The stock

ELS Reports Q3 2016 Earnings, 2017 Guidance Read More

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Manufactured Home Residents Considering Lawsuit

A Shawnee, Oklahoma manufactured home community is in flux after a series of missteps. According to Red Dirt Report, a number of residents of the Rolling Acres Mobile Home Park were outraged recently when they received a 60-day eviction notice. They are considering a lawsuit after Shawnee attorney Kent Massey

Manufactured Home Residents Considering Lawsuit Read More

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Lt. Governor Meets at Champion Homes Facility

Nebraska Lieutenant Governor Mike Foley received the “deluxe tour” of  Champion Homes manufacturing operations last week, during a meeting that included a first hand look at new features and product lines for 2017, according to the York News Times. Leaders from York’s Chamber of Commerce, Visitors Bureau and City Council

Lt. Governor Meets at Champion Homes Facility Read More

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Austin City Councilman Proposes Mandated Amenities for MH Communities

Austin City Councilman Pio Renteria has proposed a new ordinance for manufactured home communities in Austin, after a visit to one last week. “When I went down there I said, ‘my goodness, there’s no rec centers,‘” Renteria told KUT. “There’s nothing there for the kids. They’re just running around, and

Austin City Councilman Proposes Mandated Amenities for MH Communities Read More

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NorthStar, UMH & MHCV Index Strong – Oil, Gold and Broader Markets Up

Noteworthy headlines on CNNMoney – Frustration runs deep for ObamaCare customers. Wells Fargo fraud: Bank was warned years ago. Social Security checks get measly $3.92 bump. Some bullets from MarketWatch – SEC fines Ernst & Young for not spotting client’s earnings manipulation. The U.S. economy is getting the wrong kind

NorthStar, UMH & MHCV Index Strong – Oil, Gold and Broader Markets Up Read More

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DBN Publisher Calls on Respect and Understanding for Manufactured Housing and Manufactured Home Owners

MHProNews Publisher L.A. “Tony” Kovach penned an op-ed to the Lakeland Ledger, picked up by  multiple newspapers over the weekend. “Millions struggle with costly housing. Bloomberg, HousingWire, Realtor and Fox News are among media that recently asked why aren’t more Americans turning to manufactured homes,” said Kovach. “We’re told that the

DBN Publisher Calls on Respect and Understanding for Manufactured Housing and Manufactured Home Owners Read More

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Illinois Senator to Push FEMA Reform During Lame Duck Session

Senator Mark Kirk (R-IL) is ready to tackle a huge task: reforming the Federal Emergency Management Administration (FEMA) during the post-election session of Congress. “Last week I met with tornado survivors from Washington, Illinois to discuss efforts to rebuild their community after the 2013 tornado that destroyed thousands of homes and caused

Illinois Senator to Push FEMA Reform During Lame Duck Session Read More

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Equity LifeStyle, Sun Communities, Lead REIT Recovery in Real Estate Review

Hoya Capital Real Estate published its real estate weekly review via Seeking Alpha on October 15th, which showed a recovery for Real Estate Investment Trusts (REITs), led by Equity LifeStyle Properties (ELS) and Sun Communities, Inc. (SUI). After what Hoya called the “worst week in several years,” the REIT sector

Equity LifeStyle, Sun Communities, Lead REIT Recovery in Real Estate Review Read More

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Hillary & Hispanics, 1.4M Losing Obamacare, Assange’s Internet Cut, WAPO: Election Heating

With 20 days left until the U.S. Presidential election, the U.S. Government has apparently arranged to cut Internet access to WikiLeaks founder Julian Assange.   USA Today Study   While hailing what they dub as the “Trump Effect” for a “marked increase” in Hispanic voter registrations, the facts indicate that Democratic

Hillary & Hispanics, 1.4M Losing Obamacare, Assange’s Internet Cut, WAPO: Election Heating Read More

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FEMA Disaster Relief Deadline Extended in Louisiana

According to a report from KATC TV, the deadline to apply for Federal Emergency Management Administration (FEMA) disaster benefits in the wake of the floods in Louisiana has been extended to November 14th. 60 days after the historic flooding, FEMA provided updated statistics revealing that an estimated seven trillion gallons

FEMA Disaster Relief Deadline Extended in Louisiana Read More

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NorthStar’s Big Day, MHCV/Broader Markets Down – Top Fed Concerned

Noteworthy headlines on CNNMoney – Top Fed official “very concerned” about U.S. economy. U.S. dollar zooms to 7-month high. Is “Trump TV” in the works? Target removes clown masks from stores. Some bullets from MarketWatch – Visa shares decline as CEO Scharf resigns. IBM earnings, revenue beat expectations. Big day

NorthStar’s Big Day, MHCV/Broader Markets Down – Top Fed Concerned Read More

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Patrick Industries Previews Q3 2016 Earnings Call, Webcast

Patrick Industries, Inc. (NASDAQ:PATK), one of the leaders in supplying the manufactured housing, RV and industrial markets, has announced that it expects to release its Q3 2016 financial results prior to the market open on October 27th. As Daily Business News readers are already aware, Patrick has been in the

Patrick Industries Previews Q3 2016 Earnings Call, Webcast Read More

Affiliated Managers Group (AMG) Downgraded

Zacks Investment Research cut shares of Affiliated Managers Group Inc. (NYSE:AMG) from “buy” to “hold” in a research note published on October 12th, in reports covered by The Cerbat Gem and Breaking Finance News. “Affiliated Managers has a positive record of earnings surprises in the recent quarters. Also, the estimates

Affiliated Managers Group (AMG) Downgraded Read More

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PreFab Home Installed in Two Days as Part of Global Parisian Show

Revolution Precrafted Properties is a company that touts how they bring together over 30 of the world’s preeminent architects, artists and designers to create an exclusive series of prefab, livable spaces. The firm has announced that Simple – a Jean Nouvel Collectible Home – has been installed as part of the upcoming

PreFab Home Installed in Two Days as Part of Global Parisian Show Read More

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Sunday Morning Weekly Recap – Manufactured Housing Industry News – October 9th – Oct 15th, 2016

Continuing the celebration of our 7th year of uninterrupted factory-crafted housing trade media publishing, we began the month with this thought-provoking theme: Obstacles and Opportunities in Affordable Housing – October 2016. That link will take you to all of the featured articles and interviews this month. Manufactured, modular and prefabricated home

Sunday Morning Weekly Recap – Manufactured Housing Industry News – October 9th – Oct 15th, 2016 Read More

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