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.
The Renton, Washington city council passed an emergency ordinance last night that prohibits property owners and managers from discriminating against current or potential tenants based on their participation in the Section 8 program. The vote was unanimous and the ordinance takes effect immediately. “When a group of tenants who participate […]
Ordinance Preventing Section 8 Discrimination Passes Read More
Noteworthy headlines on CNNMoney – Wall Street welcomes Trump with a bang. Tech founders want California to secede. Market for legal pot could pass $20 billion. Wall Street traders boo Hillary Clinton; chant “Lock her up!” Some bullets from MarketWatch – Dow pivots more than 250 points higher after Trump presidential win.
Skyline spikes, leads MHCV as Dow Swings 1000 Points On Trump Victory Read More
Modular housing has seen significant progress over the years, with many levels of creativity. Revolution Homes, which the Daily Business News covered recently, has partnered with a number of designers to create progressive models. The team at HD-Channel has created a fun video that takes a look at the future of
“Amazing Future Homes” Video Read More
TD Securities and Scotiabank have both reiterated their positive ratings for Killam Properties Inc. (KMP.UN). TD Securities issued a note to investors on November 3rd, restating its “buy” rating for the company’s stock, with a price target of C$15.00. Scotiabank also restated their “perform” rating on Killam in a report
TD Securities, Scotiabank Restate Positive Ratings for Killam Properties Read More
Noteworthy headlines on CNNMoney – Will Elizabeth Warren gain more clout? Warren Buffett shuttles voters to polls on Omaha trolley. Brexit blows $31 billion hole in British budget. Hertz falls off a cliff after cutting its forecast. Some bullets from MarketWatch – CVS is about to lose more than 40
Sun Communities, Universal Forest Products Up, MHCV Down, Broader Markets Steady Read More
State officials continue to investigate what happened at a Richmond, Rhode Island manufactured home cooperative. The Westerly Sun reports that state police are trying to figure out what happened to missing money at the Hillside Mobile Home Park, which led to the arrest of the co-op’s president, Maria Tavares on
Money Missing from MH Cooperative, President Arrested Read More
The world is waiting for election results out of the U.S., says USA Today. So, the after-midnight votes in New Hampshire towns are part of the tea-leaves-reading by global media and pundits. NH state law allows results to be published once all voters have voted. Traditionally Republican strongholds, the area
Trump has 32-25 lead in NH, Brits say Election for “Soul” of America Read More
Residents of the Melrose Mobile Home Park will have to move. According to TWC News, city leaders in Wilmington, North Carolina are moving forward with a plan to rezone parts of Wrightsville Avenue. Officials said the zoning became necessary due to continuous population growth. The city plans to designate the
Residents Forced to Move Due to Rezoning Read More
Noteworthy headlines on CNNMoney – Dow soars over 350 points. Iran nears first western energy deal since sanctions. Tesco Bank: cash stolen from 20,000 accounts. Legal weed: tax jackpot or pipe dream? Some bullets from MarketWatch – Pennsylvania Senate race is most expensive in history. Clinton relief rally for the
UMH Properties Leads Up Day for MHCV, Broader Markets Up 371 Read More
News from the Michigan Manufactured Housing Association (MMHA) shows the top two trends in manufactured home design are the master suite and the kitchen. “Based on the reactions of people touring six model homes during the recent MMHA Home Showcase at The Novi Home Show at Suburban Collection Showplace, these
Top Trends for Manufactured Home Buyers Read More
The Northwest Housing Association has announced that manufactured homes sales in the state of Washington have increased 47 percent in 2016. According to the association, this completes a huge turnaround over the last decade when demand dropped from 3000 manufactured homes per year to less than 600. “550 homes have
State Manufactured Homes Sales Rise 47 Percent In 2016 Read More
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
