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.
Legal & General Group PLC, which has made significant moves recently in the manufactured and modular housing segments, held its stake in Cavco Industries Inc. (NASDAQ:CVCO) during the second quarter of 2016. The Holdings Channel reports that Legal & General owned 1,255 shares of the company’s stock at the end […]
British Giant Eyes Cavco Industries Holdings Read More
A manufactured home community in Tampa is recovering from what appears to be post-election rage. According to Bay News 9, the Hillsborough County Sheriff’s Office is investigating graffiti spray-painted on two east Tampa manufactured homes that has also led to an arson investigation. County fire rescue initially responded to the community
Manufactured Home Set on Fire, Anti-Trump Messages Spray-Painted on Another Read More
Noteworthy headlines on CNNMoney – New Balance: We’re not the shoes of white supremacists. U.K. has no Brexit plan according to leaked memo. Yuan hits lows not seen since the financial crisis. Branson and startup unveil supersonic plane. Some bullets from MarketWatch – Stock market investors turn to small-caps after
Carlyle Group, Louisiana-Pacific Lead Manufactured Housing CV, Broader Markets Up Read More
In Greene County, Indiana, the Linton city council voted to move forward with a controversial ordinance. The vote, which required the mayor to break a tie, approved a measure stating all future manufactured homes brought into the city must be moved into a manufactured home community. “What I’m going to
Proposed Council Ordinance Sparks Property Rights, Discrimination Discussion Read More
Even though he supported Hillary Clinton in this years’ presidential election, Berkshire Hathaway CEO Warren Buffett says that the nation needs to unite. “I support any president of the United States. It’s very important that the American people coalesce behind the president,” Buffett told CNN’s Poppy Harlow in an interview
Buffett On President-Elect Donald Trump: “He Deserves Everybody’s Respect” Read More
Noteworthy headlines on CNNMoney – SEC chair to leave before Trump takes office. Warren Buffett makes a bet on U.S. airlines. Tiny home living is having a moment. What you need to know about Steve Bannon. Some bullets from MarketWatch – India, not Trump, is the real reason behind the
Manufactured Housing CV Down, Broader Markets Mixed On Trump Policy News Read More
Sun Communities Inc. (NYSE:SUI) has seen a number of investors either increase or take new positions in the company recently. After reporting better than expected results during their Q3 earnings call on November 1st, including revenues of $249.70 million for the quarter (compared to analysts’ expectations of $146.83 million), Sun
Investors Increase Stakes In Sun Communities Read More
In a highly charged campaign that focused on rent control measures for manufactured home communities, Humboldt County, California’s Measure V passed on November 8th with 54.57 percent of the vote. The Daily Business News has covered the measure V battle extensively, breaking the measure down to its key points: Manufactured
Rent Control Measure Victorious, Questions, Issues Remain 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
IMPACT 20/20, an influential group of northwest Minnesota leaders representing diverse interests created to advance the region’s economic success, formed a task force in 2016 to address housing needs of the region. The group will host a housing summit on Wednesday November 16th, with a focus on workforce housing. According
Housing Summit to Address Workforce Housing, Showcase Manufactured Housing Read More
Noteworthy headlines on CNNMoney – Buffett hasn’t sold a single share of Wells Fargo. Facebook decides that many of us are dead. Peter Thiel joins Trump’s transition team. New York Observer ends print edition. Some bullets from MarketWatch – Dow ends at record, scores best weekly gain in five years.
Manufactured Housing CV Up 3.54 Percent, New Record High for Broader Markets Read More
Institutional investors appear to be pleased with UMH Properties Inc. (NYSE: UMH), with 44 managers opening or increasing stock positions. UMH shares have risen 20.27 percent since April of this year, and the company has outperformed the S&P 500 by 18.31 percent. According to Frisco Fastball, UMH is expected to
Investor Sentiment Better than Expected for UMH Properties Read More
A British Columbia, Canada appeals court has ruled in favor of the Squamish Nation in a case involving the Capilano River RV Park, formerly known as the Capilano Mobile Park in West Vancouver. The series of events stretches back to 2008, where the Baker family had operated the community since
Tribal Nation Wins Appeal in “Mobile” Community Case Read More
Coming off of their most recent earnings report on October 18th, which included a 7.7 percent increase in revenue, Equity LifeStyle Properties, Inc. (NYSE:ELS) saw one investment firm lower its stake in the company. Venturi Wealth Management LLC lowered its position by 5.3% during the second quarter to 30,680 shares
Investors, Analysts Weigh in on Equity LifeStyle Properties Read More
Noteworthy headlines on CNNMoney – Uncertainty over Trump deals blow to tech stocks. U.S. traffic to New Zealand immigration sites soars. Yahoo warns Verizon might kill $4.8B deal. Some bullets from MarketWatch – What President-elect Trump means for companies, by sector. Elizabeth Warren says she’ll fight Trump over dismantling Dodd-Frank.
Affiliated Managers Group Up, MHCV Down, Broader Markets Mixed, Dow Sets Record Read More
Residents of the Prince Mobile Home Park in Tucson, Arizona lost power – and it seems there’s nothing that they can do about it. “There’s no power in this place at all. None of the trailers [sic] here got power,” said resident David Vaughn. According to Tucson News Now, Tucson
Utility Shutdown Could Lead to MH Community Being Condemned Read More
Cavco Industries (NASDAQ: CVCO) reported financial results for Q2 2016 on November 8th. Net revenue for the second quarter was down 1.9 percent from Q2 2015 to $188.3 million, while net revenue was up 5.6% for the first six months of the year compared to the same period in 2015.
Cavco Industries Reports Q2 Results Read More
On Tuesday night as election results began to look grim for Hillary Clinton’s campaign, Dow, S&P and Nasdaq futures all began to tumble. Maria Bartiromo on Fox Business said she expected that initial reaction, much as happened in England over their Brexit vote. But Bartiromo said that just as stocks
Stocks Plunge & Surge – Unity and Protests Read More
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
