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.
Drew Industries, Inc. (NYSE: DW) has received a “buy” rating from analysts, according to a recent report from StockzIntellegence, Inc. Citigroup provided its “buy” recommendation on August 15th with a target price of $110.00, up from $85.00 in May. Drew Industries’ share price has increased 47.62 percent since March 24th, 2016 […]
Drew Industries – Updated Rating from Citigroup Read More
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 professionals know that how a home got to its location should not define a
Sources are reporting that the FBI investigation of former congressman Anthony Weiner’s sexting with an underage teenage girl in North Carolina has led federal investigators to discovering “thousands” of emails, some of which relate to Hillary Clinton’s well-publicized email woes. Just when former Secretary Clinton thought that those pesky laws
Hillary’s Huma Abedin Weiner Schnitzled FBI Meltdown – Campaign 2016 Update Read More
The Boulder City, Nevada City Council has unanimously approved the request of developer Randy Schams to rezone 7.33 acres of land he owns in the city to a multi-home residential area. A number of regular Daily Business News readers may recognize Schams’ name, as part of our coverage on the Boulder City
City Council Approves Rezoning of Manufactured Home Community Read More
Noteworthy headlines on CNNMoney – Civil rights groups brace for “chaotic election.” Warren calls out KPMG for Wells Fargo disaster. U.S. economy posts best growth in 2 years. Some bullets from MarketWatch – FBI restarting probe into Hillary Clinton’s emails. Drug stocks sink as backlash against price hikes hits bottom lines.
Equity LifeStyle Properties Leads Up Day for MHCV, Broader Markets Down Read More
Deputies in Jones County, Mississippi got some help on an arrest, thanks to Facebook. When dispatched to a burglary call at Farris Manufactured Homes on Highway 28 in Jones County on October 26th, deputies found two manufactured homes burglarized. In one of the homes it was discovered that a refrigerator
A Facebook Sale Turns Into Arrest at Manufactured Home Retailer Read More
The potential for economic growth usually brings the promise of a windfall for many, including landowners. With that growth, potential challenges can also appear. In Kitimat, British Columbia (B.C.), the potential for future pipelines, liquefied natural gas (LNG) plants and the Rio Tinto Alcan smelter brings with it the promise
Potential Economic Boom Presents Affordable Housing Challenges Read More
Directors with the Sunshine Coast Regional Districts’ (SCRD) planning and community development committee in British Columbia, Canada addressed a referral from the District of Sechelt earlier this month, regarding an expansion proposal from the owners of the Big Maples manufactured home community. According to the Coast Reporter, Big Maples will
Manufactured Homes Expansion Welcomed as Affordable Housing Option Read More
As the manufactured housing (MH) industry develops its value proposition as a solution to the waning American dream of home ownership, a recent comparison of company stock value and ROI, sheds light on just how powerful the industry’s potential could be. According to Capital Market Labs, in a recent comparison
Head-to-Head: Cavco Stock Three Times Higher Value Site Builder MDC Read More
Noteworthy headlines on CNNMoney – IRS impersonators accused of stealing from elderly. 401(k), IRA contribution limits won’t go up in 2017. Murdoch discusses Fox News contract talks. Europe rescues its huge free trade deal with Canada. Some bullets from MarketWatch – CenturyLink in advanced merger talks with Level3 Communications. U.S.
Berkshire Hathaway, Louisiana-Pacific Up on Down Day for MHCV, Broader Markets Read More
Management of Clayton Homes in Chino Valley, Arizona has asked the town council for a break on sales taxes, stating that what is now the highest rate in the region is hurting business. “My own (company’s) sister stores are my biggest competitors,” said Dave Rowe, general manager of Chino Valley’s
Officials – Tax Break sought by Clayton Homes Read More
The problem of homelessness in Hawaii is well known, and affordable modular housing is being used to help solve the problem. According to KHON, the three homeless families in the Waianae community will be calling then home. “This is to house people out here on the west side who right
Modular Housing To Help Homeless in Hawaii Read More
Fearing another “crew camp” situation – one in which transient workers use parked RV’s for living – the Williston, North Dakota Planning and Zoning Commission denied two special use permits that would allow RV parking at Glen Villa and FM Parkway manufactured home communities, owned by Rick Carriger. According to
City Controversy with Owner – RVs being denied in Manufactured Home Community Read More
A manufactured home community in Manassas, Virginia is facing a unique set of circumstances. The city is ready to step in and solve a long running sewage problem at the community by purchasing it. But only if the residents move off the property. According to InsideNova, residents of the East
Rewarding Bad Behavior? City Threatens Evictions, MH Residents Push Back Read More
“School Choice is the new civil rights issue in the African American Community,” said Bruce Levell, National Diversity Coalition for Donald Trump’s presidential campaign. Levell says he seriously believes that some 20 percent of black votes will be for the Trump-Pence ticket. That may seem modest, but if that occurs,
Is the Election Tide Turning? Read More
Noteworthy headlines on CNNMoney – Housing bubble fears have returned. Verizon exec on Yahoo deal: “We have to be careful.” Chipotle falls 9% as recovery efforts fail to impress. Southwest Airlines stock plunges on lower fares. Some bullets from MarketWatch – “High pressure economy” may punish both stocks and bonds
Carlyle, Cavco Up on Down Day for MHCV, Broader Markets Mixed Read More
Sun Communities, Inc. saw its short interest rise significantly in September, reports Chris Copeland for Baseball News. As of Sept. 30, the real estate investment trust’s short interest reached 1,758,243 shares, an increase of 77.5% from the 990,646 shares it had just 15 days earlier. According to an average daily
Insider Trades, as Short Interest in Sun Communities by Fund Managers Rises Read More
October is Fire Safety Month — for good reason. The risk of fire rises significantly in fall and winter and fire prevention experts are working overtime to get the word out on special hazards of the season. According to the Electrical Safety Foundation International (ESFI), more home fires occur during
Fire Safety Month for All Housing, Including Safer Manufactured Homes Read More
Portsmouth, NH assistant mayor Jim Splaine is doing what he can to put an end to the stigma that’s often felt by people who live in manufactured homes. Too often, the areas where manufactured homeowners live are referred to as “trailer parks,” reports seacoastonline’s Jeff McMenemy. “I think it does
Assistant Mayor Pushes to Remove “Trailer” Terminology Read More
The Clinton Campaign is up by a few points in most polls, and mainstream media reports include the fact that waves of illegal immigrants have been hired by their campaign to be the “ground game” in many battle ground states. But is that the whole story? Is election 2016 all-but-over,
Election 2016 – Why It’s Not Over Read More
