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.
“Using the dream of homeownership to trick consumers out of their hard-earned money is just plain wrong,” North Carolina Attorney General Roy Cooper said. “My office is here to protect consumers from these misleading and fraudulent business tactics.” Cooper filed suit against George Henry Smith of Robeson County, for collecting […]
CNN Money headlines included Donald Trump’s assertion that the Fed has created a “false economy,” and that Americans don’t believe unemployment rate (see in-depth labor and economic charts/graphics and report, linked here.) Meanwhile, MarketWatch warns – Clouds gathering on U.S. economy? And without action, a government shutdown looms in three
Sun & Third Ave lead, Deer Valley, UMH, LPX & MHCV recede Read More
One of the areas that witnessed broad manufactured housing industry consensus was the opposition to the HUD onsite completion rule, which goes into effect Sept 7, 2016. Manufactured homes that include the following features, says MHI, are among those which will be impacted by the new and costly rule. A
Resources for HUD Code Manufactured Homes Onsight Completion Rule, effective Sept 7, 2016 Read More
Skyline Corporation (NYSEMKT: SKY) saw its stock decrease by 10.78% in short interest, states consumer and financial news company, Consumer Eagle. Skyline designs, produces and markets manufactured and modular housing models as well as park models, as MH industry pros know. The company had a total short interest of 344,200 shares
Skyline Stock in Focus Report; Markets Closed for Labor Day Read More
As it’s owners, managers, policy wonks, investors and working professionals who are the largest likely group of readers of MHProNews, it’s useful on this Labor Day to think beyond the celebration and the paid federal holiday, and look at what’s happening to labor in the United States. Because much of
Labor Day 2016, By the Numbers – and Manufactured Housing Read More
DEMING, NM – Solitaire Homes, a major employer in Deming, has hit a manufactured home production milestone as they continue to build and sell their product throughout the southwest. The plant recently built their 5,000th home from their production center which opened in 2001. They sell mostly within that market
Solitaire Homes reaches 5,000 manufactured home milestone Read More
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
