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.
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
Financial Services Committee Chairman Jeb Hensarling (R-TX) recently introduced the Financial CHOICE Act, which would serve as a Republican alternative to the Dodd-Frank Act. This move was made because it’s believed the Democratic-backed Dodd-Frank Act has had a negative impact on the country’s economic recovery; a recovery the Financial Services
Hensarling files Financial CHOICE Act to replace Dodd-Frank Read More
MarketWatch spotlighted the following today: More pain may be in store for the S&P 500 in 2016, says Goldman. CEOs of biggest U.S. firms less optimistic about economy. It’s business as usual at Wells Fargo after record fine. Trump says Yellen keeps interest rates low because of White House pressure.
AMG, Sun Shine; Killam, Third Ave slide, 3 Major Indexes Rebound Read More
Venator Capital Management Ltd has purchased up 466,541 additional shares in Skyline Corporation during the most recent quarter end, the firm said in a disclosure report filed with the SEC, reports TheFoundersDaily. Venator’s website describes themselves in these terms, “Venator Capital Management Ltd. is a Toronto-based investment firm that strives to
Skyline Corporation – Management Fund’s Major Move – Manufactured Housing Market Watch Read More
These Manufactured Housing Industry News weekly recaps are a mix of headline news and commentary that tees-up each Sunday morning issue. That said, there are some weeks – like this one – where there are so many hot, interesting or newsworthy topics covered that it becomes difficult to decide which
Sunday Morning Weekly Recap – Manufactured Housing Industry News Sept 4 to Sept 11, 2016 Read More
Cavco Industries, Inc., the nation’s second largest producer of manufactured homes in the United States, recently hit a new 52-week high, when it reached a peak of $109.43. Cavco closed Friday night at 101.17, down after a broader retreat by the markets A possible benefit of a company hitting a
Milestone: Cavco Industries (CVCO) stock reached new 52-week high Read More
CNNMoney asks, do more heads need to roll at Wells Fargo? Volkswagen engineer pleads guilty to criminal charges. They also stated the obvious, as they report that the Dow plunges almost 400 points. MarketWatch notes that: “Gundlach’s talk of a surprise Fed tightening sets stage for a stock, bond-market rout”
All Markets Tumble, only 1 MH track stock gains, 2 hold, the rest down for the day Read More
“West Virginia is a fairly close-knit community,” explains Andy Gallagher, Executive Director of the West Virginia Housing Institute Inc.(WVHI). “Natural disasters are regular occurrences, unfortunately, and family takes care of family.” Jeff Jenkins, writing in the WVMetroNews, stated that “Several staff members with the Federal Emergency Management Agency will be
The Other Flooding Story – FEMA and Manufactured Housing Units (MHUs) Read More
“Compared to where we were, there is no comparison,” said Lee Allen. “It’s been 10 years of good memories.” “When you walk through Lee and Lucille Allen’s front door, it feels like home,” begins the NextStepUS Annual report. Over a decade ago, the Allen’s became NextSteps first home owners. “Lee
Affordable (Manufactured) Housing Done Right – NextStepUS Annual Report Read More
On items that CNN Money finds of interest as part of their market reports for the day: Wells Fargo fires 5,300 for creating fake accounts, Hillary Clinton finally holds a press conference and Airbnb is cracking down on discrimination. MarketWatch notes: iPhone 7 fails to impress, but Apple predicts sellout.
CVCO, NRF slide, Carlyle Group, LPX glide higher, Politics/Economics Mix Read More
County records reflect that Equity LifeStyle Properties (ELS) has purchased 25 acres in Ellenton, next to Ridgewood Estates – a 55+ manufactured home community (MHC) – for $2 million. Equity LifeStyle paid $11.56 million for Ridgewood in 2011, says the Sarasota, FL Herald-Tribune. As MH Community-sector focused professionals know, Equity LifeStyle
ELS Acquires 25 acres adjacent to existing FL Manufactured Home Community Read More
In an update to our reports on the massive flooding in Louisiana and FEMAs response with manufactured housing units (MHUs), WBRZ2 out of Baton Rouge reports on new communities being set up, one in this photo, off Blount Road near the airport. Their report indicates that “dozens” of locations in
FEMA setting up manufactured homes in Louisiana near airport, says WBRZ2 Read More
Apache Corp. says it found billions of barrels of oil in a new find in West Texas south of the New Mexico line, reports MarketWatch. While the tech side of market news has eyes on Apple’s new iPhone 7, Nintendo, oil futures are at the highest level in a week.
AMG and NorthStar Lead, Patrick, SKY recede – as new U.S. Oil Find Touted Read More
Washington, D.C., September 7, 2016 – The Manufactured Housing Association for Regulatory Reform (MHARR) reports to MHProNews that according to official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), manufactured housing industry production fell during July 2016. The latest statistics published by MHARR indicate
HUD Code Manufactured Housing Production – Drops in July 2016, Top 10 States reported Read More
Less than a week after federal official decided to ban ITT Technical Institute from enrolling new students using federal aid, the for-profit schools opted to stop enrolling students at more than 130 campuses in 38 states, according to the Springfield, IL State Journal-Record. On Aug. 25, the U.S. Department of
