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 week in review included hot topics like: Cavco’s Joe Stegmayer, Directors Insider Trades Media Bias in “Man Shot in Trailer Park” ABC report MHC Rent Control battle (Resident Councilman story) Video Tour of FEMA MHUs Controversy over proposed DOE energy rules, will it help or harm manufactured housing? NAHB’s […]
Sunday Morning Recap-Manufactured Housing Industry News Aug. 28-Sept. 4, 2016 Read More
Freehold NJ based UMH Properties, Inc. (NYSE: UMH) announced that it has closed on the acquisition of two communities located in Ohio for a total purchase price of $2,954,000. PRNewswire says these two all-age communities contain 165 sites situated on approximately 71 acres. The weighted average occupancy for these communities
CEO Sam Landy says, UMH Properties Completes Acquisition Of Two Ohio Communities Read More
For two days, rain tortured the heart of bayou country, dumping 24 inches in less than 48 hours on southern Louisiana, says a report in the DigitalJournal. The 1000-year event flooded more than 100,000 residences, sending families into shelters and the homes of friends, relatives and even strangers. Now, as
Stocks ended modestly higher after a soft jobs report, says MarketWatch. “The U.S. added 151,000 jobs in August, slowing sharply from earlier in the summer.” The billion-plus monthly pageview news aggregator Drudge Report cited the following headlines and numbers; Biggest gains in bars, restaurants – ‘Army of Men’ Out of
Cavco Leader, MHCV Outperforms, as soft jobs reports checks Wall Street Read More
Lauren Urbanek, writing for the Natural Resources Defense Council (NRDC), is among the recent writers and policy advocates expressing their support for the Department of Energy (DOE) proposed revised standards for manufactured housing (MH). Building on a report on the American Council for an Energy-Efficient Economy (ACEEE) done by Senior Policy
CML News recently took a deep dive into a head-to-head comparison between Memphis, TN-based Mid-America Communities, Inc. (NYSE: MAA) and Southfield, MI-based Sun Communities, Inc. (NYSE: SUI). After a side-by-side comparison of both communities’ revenue growth, earnings, revenue per employee, operating margins, free cash flow and valuation, CML News determined
Analysis – Mid-America Apartment Communities vs. Sun Communities, Head-to-Head Comparison Read More
JD Harper, Executive Director of the Little Rock based Arkansas Manufactured Housing Association has told the Daily Business News that, “Our organization has been working on a series of short videos to address common myths, misconceptions and stereotypes that many potential homebuyers have about the quality, value and safety of
Arkansas MHA’s ‘GET THE FACTS’ Video Series Completed Read More
Informed sources have told MHProNews about a national association with significant ties to numbers of HUD Code manufactured housing professionals; an association many times larger than the Manufactured Housing Institute (MHI) or the Manufactured Housing Association for Regulatory Reform (MHARR), or both combined. That group? The National Federation of Independent
Larger! The Other National Association…Not MHI, Not MHARR…Ally? Competitor? Both? Read More
“U.S. Manufacturing Hits Rough Spot in Possible Warning on Growth,” says Bloomberg, which also notes that “It’s Hard to Overstate How Quiet Stock Markets Are Right Now.” In the wake of their spectacular explosion on the launch pad, CNBC asks – “Why was Facebook launching a satellite?” The three main
AMG sliding, MHCV rising, Other Markets Close Mixed Read More
Affordable housing options are becoming less plentiful around the country, but according to Urban Institute researchers, there are ways to sidestep what has become an outright crisis. The numbers surrounding the lack of affordable housing across the U.S. are staggering. In their map shown at the top left, light colored
Dutch DUS architects have produced a 3D cabin, where they invite anyone in Amsterdam to come and stay the night. It is part of a more ambitious and larger project, says Katie Medlock in Inhabitat. The cabin could be used for disaster relief or for other possible urban applications, perhaps
Russia, China, Dutch 3D Construction and Housing Read More
Elizabeth Wydra is the president of the Constitutional Accountability Center, which Wikipedia describes as a conservative judicial group. Carrie Severino, is the chief counsel and policy director at the Judicial Crisis Network, which Wikipedia says an action center, think tank and public interest law firm that believes in an inherently
Left, Right Agree – President Obama’s mark is on powerful U.S. Appeals Courts Read More
The S&P 500 snapped its 5 month winning streak today, says CNBC, with the energy sector down. Treasuries also retreated, following the ADP jobs report. A CNNMoney Op-Ed suggests that it is business that must lead the way to global recovery. UMH Properties (UMH) led gainers, in the manufactured housing
UMH leads, Manufactured Housing CompValue recovers, as broader Stocks close lower Read More
Dozens of FEMA manufactured homes have already been approved for victims of the recent flooding in Louisiana. Hundreds more are in the pipeline. Initial approvals are going to those who already have a home site, which in practice means the recipient of the FEMA home will be placed on the
Video – FEMA Manufactured Homes Going to Louisiana Flood Victims Read More
Cavco Industries director Jack Hanna has filed a Form 4, according to a report by StreetInsider, see that as a download, linked here. On August 29, Director William C. Boor disclosed the sale of 2,500 shares sold last May 4th, for an average price of $86.81, states FinanceDaily. Boor’s reported
Tuesday, 8.30.2016 saw some 194,207 shares Equity Lifestyle Properties, Inc. (NYSE:ELS) trade hands, says the PressTelegraph. But their headline on this date erred in say “stock dropped,” as Yahoo! Finance confirmed the Daily Business News’ Bloomberg supplied ticker’s report that ELS’ stock was up, closing at 77.79, +0.19 (+0.24%). InvestorNewswire
Quo Vadis ELS? Analysts Look at Hotly-Traded Equity LIfeStyle Properties Stock Read More
The Carlyle Group (CG) is reportedly one of the top 100 largest manufactured home community operators in the U.S.. Its big hedge fund business is said to be heading for the exit, according to SeekingAlpha and Bidness. Investopedia says that, “Carlyle Group (CG) is experiencing a period of both highs
Bankers are nervous over the UK’s Brexit, says CNBC, and they’re jittery of the fallout of that event. Oil slides, reportedly over the strong dollar, but talk of a potential Clinton administration taxing fossil fuels even more is likely part of the mix. Gold is losing its luster with their
Tragedy and violence occurs in neighborhoods across America. But when it takes place in a less than attractive neighborhood that happens to have mobile or manufactured homes, pejorative verbiage, bias and ignorance often lurk nearby. “The problems with the ABC [13] TV news story out of Houston is also a
The U.S. Census Bureau maintains a wide array of statistical information, and that data includes manufactured housing, as industry veterans and enthusiasts know. The following charts are the most recent stats available from those reports, and they cover the period 2014, 2015 and part of 2016. Please note that Part
New Manufactured Home Industry Shipments 2014-2016 Statistical Report – Part II Read More
