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 Manufactured Housing Institute (MHI) informs MHProNews that they have elected a new board of directors at its annual luncheon on September 26th. Members voted and approved the following officers for 2017: Chairman: Tim Williams, CEO of 21st Century Mortgage Corporation Vice Chairman: Joe Stegmayer, Chairman and CEO of Cavco […]
MHI announces their new Executive Committee board members, Award Winners Read More
A month after the historic flooding in Louisiana, many residents are still having trouble finding housing, reports WAFB’s Scottie Hunter. According to Hunter’s report, thousands of people have applied for a manufactured housing unit from FEMA, but as of September 30, only 169 people have been able to move into
FEMA’s Manufactured Home Installations slow for Louisiana flood victims Read More
This past week wraps up our theme of Superior September 2016 coverage of the news that matters for manufactured housing industry professionals, and all those who follow or are engaged in the factory-built home industry. The articles below will include special reports from respected writers Joe Dyton and RC Williams.
Noteworthy headlines on CNNMoney – FUBU CEO Stop and Frisked “Maybe 20 Times. U.S.: Wells Fargo Mistreated Military Members. WSJ Columnist Calls Trump “Unstable.” Why The Federal Reserve Isn’t Political. From WSJ: Ghost of Lehman Brothers Haunts Deutsche Bank. Some bullets from MarketWatch – ‘Housing party’ in the U.S. may be coming
Plans to transform what the Boulder City Review called a “blighted mobile home park” (sic) into townhouses came before the city’s planning commission. The plan to transition the Boulder City Mobile Home Park into a townhome community were unanimously approved by the town’s commission on September 21st, with Chairman Jim
Boulder City Planning Commission Approves Rezoning Of Mobile Home Park Read More
Depending on which network you tune into, election related news can be starkly different. The rift in the mainstream media over how to cover the 2016 Presidential race matches the fact that trust in media has dropped near all-time lows. The LA Times, in their highly touted unique Daily Tracking
Clinton, Trump Try New Lines of Attack – Daily Tracking Poll, Political Cartoons Read More
Wells Fargo’s CEO, John G. Stumpf, has been called by Warren Buffett about recent events, according to Fox Business. Noteworthy headlines on CNNMoney – Wells Fargo worker retaliation claims rile up Congress. Lawmakers: Wells Fargo a ‘criminal enterprise’ like Enron. U.S. warns Samsung washing machine owners after explosion reports. The worker
Wells Fargo Chairman/CEO Grilled, Buffett speaking out, All Markets Down Read More
An already tumultuous relationship between Denver Meadows Mobile Home and RV Park owner Shawn Lustigman and the community’s residents has only gotten worse in recent weeks. “In two years, I’ll be homeless,” resident Petra Bennett told The Aurora Sentinel. “I need two tractor trailers to move it at $10,000; I
Work started this month on a new clubhouse and community center for Sterling Estates, a manufactured home community in Adrian Michigan, 72 miles southwest of Detroit. “We had a need for this, so it’s good to see work on it finally begin,” said Sterling Estates owner, Germano Mularoni. “This was
Manufactured Home Community grabs positive media via New Clubhouse Construction Read More
Equity Lifestyle Properties, Inc. (NYSE:ELS) is expected to pay a $0.43 dividend on Oct 14, 2016. ELS shareholders owning stock before Sep 28, 2016 will be eligible to receive the payout. Based on Equity Lifestyle Properties, Inc.’s current price of $79.70, the dividend is 0.53%. The indicated annual dividend is
Equity LifeStyle Properties Investor Management Fund, Dividend Updates Read More
A full-blown battle over rent control is on in Humboldt County, CA, reports the Lost Coast Outpost’s Ryan Burns. The Humboldt Mobilehome Owner Coalition established a ballot measure, Measure V, that would regulate rent hikes on manufactured home land-lease sites. It aims to prevent a community’s owners from making what
Community Owners, Residents Clash over Measure V Read More
Noteworthy headlines on CNNMoney – CA Punishes Wells Fargo with Sweeping Sanctions. OPEC Cuts Production, Oil Surges – 35% of Student Loan Defaults From For-Profit College Students. Some bullets from MarketWatch – City-by-city look as house-price gains slow. White House calls Congress veto of 9/11 bill ’embarrassing’. China’s richest man warns of
Residents of the Lowry Grove community in the Minneapolis, MN suburb of St. Anthony lost their bid to block the sale of the property, according to a ruling by a Hennepin County Judge. “We continue working together to save Lowry Grove. We will organize more action,” said Antonia Alvarez, president
Battle Over Community Owner’s Rights vs. Resident’s Rights highlighted in St. Anthony case Read More
When retiree Lois Requist decided to downsize from her two-story condo to a manufactured home community in the San Francisco metro area, she was met with some resistance by friends and neighbors—some unfortunately threw the awful “T” word – “tr—lr trash” – at her. Despite the criticism, Requist is happy
After an estimated 81 million viewed the great debate between Hillary Clinton and Donald Trump, who won? Donald Trump won all of the flash polls after the debate, save CNN’s. Who in the pundit class would think it true? While many panned Trump’s performance, they forget that experts said the
Mixed Post ‘Great Debate’ Polling Results, but most Pundits Tilt Round 1 Towards Hillary Read More
Patrick Industries (NASDAQ: PATK) and Drew Industries (NYSE: DW) – both based in Elkhart, Indiana- made executive level moves today. Patrick announced, effective immediately, Jeffrey M. Rodino, Executive Vice President of Sales and Chief Operating Officer, assumes the newly created position of Executive Vice President of Sales and Chief Sales
Patrick Industries, Drew Industries Announce Executive Moves Read More
Noteworthy headlines on CNNMoney – Debate most watched in history. Fed under attack, but still profitable for taxpayers. U.S. probes Wells Fargo whistle blower complaints. Some bullets from MarketWatch – Congress deadlocked over funding bill as government shutdown looms. Chesapeake Energy’s stock plunges as Carl Icahn loses interest. Nike stock down 4%.
Market Rebounds, Manufactured Home Index Down, But Drew and Patrick Up On Executive Moves Read More
As the U.S. population rises, the steady growth of the mainstream housing market probably comes as a surprise to few. What may come as a surprise to veteran HUD Code manufactured housing professionals is that an affordable housing option –– manufactured homes! – has had a suddenly flurry of positive
Emerging Mainstream News Trend? Are Positive Manufactured Home Reports Increasing? Read More
The stock of Skyline Corporation (NYSE: SKY) hit a 52-week high of $12.72 last week, according to a recent report from BarChart. While the stock price has had its ups and downs throughout 2016, Skyline executives have kept a positive tone and goal-oriented approach, which has clearly paid off. Their
Skyline Corporation Hits 52-Week High. Is Near-Term Analysis Positive? Read More
The first super-hyped presidential debate of the 2016 election cycle is history. There is what the pundits say. There is what the politicos and news junkies walked away with. There are instant polls, which to a certain degree will reflect what their readership composition is. Then there are the voters.
The Big First Presidential Debate – Pundits, Politicos and Instant Polls Read More
