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.
On October 3, 2016, the Board of Directors of UMH Properties, Inc. (NYSE: UMH) declared its quarterly cash dividend on the company’s common stock of $0.18 per share payable December 15, 2016, to shareholders of record at the close of business on November 15, 2016. The company’s annual dividend rate […]
UMH Properties, Inc. Declares Common and Preferred Dividends Read More
Equity Lifestyle Properties, Inc. (NYSE:ELS) stock was down 1.74% on September 30th, hitting a price of $77.18, which has raised concerns for some traders who wonder – is part of a new pattern? According to the Press Telegraph, analysts expect earnings of $0.83 per share, which would be an increase
ELS Shares Down, Bank of Montreal Acquires New Stake Read More
The Vice Presidential debate will be tonight. The LA Times says the following about the snapshot and best places to catch the debates live. What: The only vice-presidential debate of the 2016 election, featuring Republican Mike Pence and Democrat Tim Kaine, moderated by Elaine Quijano of CBS News When: 9
Rasmussen, Clinton Trump tied, VP Debate Tonight & Clinton WikiTeased Read More
Eric Dean is out to help solve the worldwide housing shortage, one factory-crafted home at a time, reports ProSales Magazine’s Gary Thill. “A house is a very simple thing, but every time we build a house we seem to reinvent the wheel,” Dean told the audience at the FEA 2016
Fab or fad? Innovative PreFab Homes could Disrupt Building Trades, Solve Shortages Read More
Noteworthy headlines on CNNMoney – Clinton slams Wells Fargo for “bullying” workers. What to expect at Google’s big event. Some bullets from MarketWatch – Disney remains center of merger talk… this time it’s Netflix. Two Fed GDP trackers show economic growth wilting. Trump Foundation ordered to stop fundraising in New York.
Patrick and LP lead, IL Yanking Billions from Wells Fargo, Markets Dip Read More
“Lyons does not want a mobile home park (sic),” said Carrie Davis-Gonzales, resident of the Foothills Manufactured Home Community in Lyons, CO. “I think it is because of the illusion that mobile homes decrease property value stigma. But when I moved here 20 years ago, it seemed like there were as
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
