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.
Booms in West Texas, North Dakota and the Marcellus regions due to oil and gas drilling may have tamped down for a time, but one (or more) of those may be bubbling back up. Shale Directories (SD) notes that, “Yes, $6.7 Billion in Spending Is Coming.” SD reports: multi-billion-dollar pipeline projects – […]
$6.7 Billion in Opportunities Bubbling Up? Read More
Following the lead reported in the Daily Business News of several large investors – including a huge international move in the MHC sector – Shinko Asset Management Co. Ltd. increased its position in Sun Communities Inc. (NYSE:SUI) by 14,305.3% during the second quarter, according to Shinko’s most recent 13F filing with
Another International Company Buying into U.S. Manufactured Home Communities Read More
MarketWatch’s bullets and headlines for today include: More gas-price spikes on tap for southeastern states with pipeline shut. Central banks are buying lots of gold, so what do they know? A surprise Fed interest-rate hike this week can’t be ruled out. By this measure, China’s banking sector could implode within
Cavco, Third Ave slide while UFPI, Sun & UMH lead gainers Read More
This past week has underscored 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 numerous special reports from respected writers Joe Dyton and RC
Sunday Morning Weekly Recap – Manufactured Housing Industry News Sept 11 to Sept 18, 2016 Read More
Businesses from coast to coast – including manufactured housing industry professionals – are keenly awaiting the outcome of the 2016 campaign. What was once considered a likely shift of the U.S. Senate from the GOP back to Democratic control now looks questionable, if recent public opinion polling holds. The House
Hillary Clinton’s Abe Lincoln Moment? Mo-Trump; POTUS 2016 News & Analysis Read More
Some headlines on CNN Money – Wells Fargo drumbeat grows louder. House hearing next? Health care costs rise by most in 32 years (read potential “ouch” for ObamaCare supporters). Some MarketWatch headlines – This is the national-debt problem Congress won’t talk about; The debt danger Americans should really worry about
UMH Properties and Skyline Homes Buck the Tide, as most markets and stocks close down Read More
UMH Properties Inc. (NYSE:UMH) announced the grand opening of the Woods Edge Sales Center, located near the back entrance of their manufactured home community in West Lafayette, Indiana. Woods Edge was acquired by UMH Properties in October of 2015, and the grand opening will be on Oct 1, 2016, per
UMH Properties Upscale MHC Clubhouse, Centerpiece for Upcoming Sales Center Grand Opening Read More
The National Federation of Independent Businesses has released on Sept 14, 2016 their survey of Small Business Problems and Priorities. Included in the results are the following Top 10 list of 75 total problems surveyed. Those cited as “most severe” problems for small-businesses owners are as follows. Cost of Health
NFIB Business Professionals Survey – Top 10 Small Business Concerns, Priorities & More Read More
MarketWatch bullets for the day include: Sensitive data again leaked out of the Fed early. Hello self-driving cars, goodbye 4.1 million jobs? Apple’s stock lead with their strong iPhone 7 release. And MarketWatch likes Clinton’s plan less than Trump’s. Oil was down, while gold rose a smidge. At the closing
Manufactured Housing Composite Value rises, as do all 3 major indexes Read More
Ocala, Florida based Nobility Homes, Inc. (OTCQX: NOBH) announced key results and financial highlights for their 3rd fiscal quarter, which ended on July 30, 2016. “The demand for affordable manufactured housing in Florida and the U.S. is improving,” said Terry Trexler, president of Nobility, per MarketWired. “According to the Florida
Manufactured Home Builder Nobility Homes Announces Sales, Earnings for Q3 2016 Read More
COAP, Inc. recently joined the SmartMH KY™ program, a strategic alliance of the manufactured housing industry producers, lenders, retailers, utilities, non-profits and stakeholders who’ve made it their mission to make ENERGY STAR™ homes more accessible via better loans throughout Kentucky, the Harlan Daily Enterprise reports. COAP’s mission, per their website,
COAP teams up with SmartMH KY Initiative Read More
Some noteworthy headlines on CNNMoney: U.S. opens investigation into Wells Fargo scandal. Lucky number 7! Apple’s stock is soaring. Ford moving all small car production to Mexico. Some bullets from MarketWatch – Why Wells Fargo isn’t likely to claw back compensation from top executive. Feds reportedly investigating Wells Fargo’s sales
Patrick Rebounds, Carlyle, and MHCV does too – broader markets mixed Read More
“Written comments submitted by two highly-respected independent organizations regarding the U.S. Department of Energy’s (DOE) proposed manufactured housing “energy” rule — specifically citing the Manufactured Housing Association for Regulatory Reform (MHARR) — echo and confirm the vigorous objections to that proposed rule set out by the Association in its own
MHARR gets Third Party backup on Controversial, Proposed DOE Rule for Manufactured Homes Read More
JACKSON, OH — James “Jim” Elliott lived life to the fullest — every single day of his 73 years. To say he had a zest for life would be an understatement, said Legacy. Jackson passed away in his home on Saturday, Sept 10, 2016, with his family with him, the
Passages – MH Industry Veteran Elliott dies, RIP Read More
Analysts at Citigroup in a research report released to investors upgraded Sun Communities, Inc. (NYSE: SUI) from “neutral” to “buy” on Monday with a target price of $86.00 on the real estate investment trust’s (REIT) stock. This news comes on the heels of other reports from TheStreet – cut from
Citigroup Inc., other investment managers, sound off on Sun Communities Inc. (SUI) Read More
The Controversy – two sides of rent control – are found in what looked to be a political event at an ice cream social. It began when the North Santa Barbara County Manufactured Homeowners Team (NSBMHT) gave congressional, state legislature and city council candidates a chance to talk about their
CNNMoney says – Waiting for the Fed: Market volatility is back from summer break. MarketWatch’s bullets include – Wall Street’s ‘fear gauge’ shows that it may get ugly in the stock market. Stocks sell off as retreating oil, Fed worries dog market. They note too that GOP nominee Donald Trump
Killam and Deer Valley hold; Broader Markets, MHCV and other Track Stocks Tumble Read More
The Skinny: New residential construction company Sm+RT Homes, LLP, based in Fridley, MN is teaming with Dynamic Homes of Detroit Lakes, MN to provide affordable, factory-built houses in North Minneapolis as well as a modular home manufacturing plant in that part of the city. North Minneapolis has suffered from foreclosures,
Sm+RT Homes Teams with Dynamic Homes, mulls North Minneapolis Plant Read More
In a recently reported discussion about affordable housing in Portland, Oregon, four “surprising facts” were raised by OregonMetro’s Craig Bebbe. The panel discussion at the Metro Regional Center shared hopeful signs for preserving and possibly even expanding access for manufactured housing and manufactured home communities in the future. Bebbe called
Presidential campaigns often revolve around policies and personalities. Related issues like character, health and others also arise. Manufactured housing professionals mirror to some extent the views of the broader nation. There are Democrats, Libertarians, Independents and Republicans. Look hard enough, and a supporter of Jill Stein and her Green Party
Campaign 2016 – Hillary’s 911 and Manufactured Housing Read More
