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.
In the news from CNNMoney: Yahoo sale nears end, Verizon in the lead. Skechers is having a terrible year. Will we get to see Mike Pense’s tax returns. Jeff Bezos richer than Warren Buffett. George Harrison estate angered the RNC used his music. Wonder Woman gets her own postage stamps. […]
UFPI Gains 5.59 Percent; Dow Returns to Positive Territory Read More
Marking the best month for existing home sales since Feb. 2007, the National Association of Realtors (NAR) reports homes sold at a seasonally-adjusted annual rate (SAAR) of 5.57 million homes in June, marking the fourth consecutive month of strong home sales. With an increase of over one percent from May,
First Time Home Buyers Returned in June Read More
In Del Valle, Texas, near Austin, despite a zoning recommendation from city staff in favor of a new manufactured home community as requested by the applicant, members of the Zoning and Platting Commission voted against the zoning change. Neighbors complained of crime– “We don’t want that increased vandalism, that increased
Texas Commissioners Deny MHC App, Prompting DJ Pendleton to Come out Swinging Read More
MHProNews has learned from pennlive that Pine Terrace MHP LLC, of Atglen, PA has acquired a 75 home site manufactured home community (MHC), Strohecker MHP, in Halifax Township, just north of Harrisburg, Pennsylvania. Chuck Heller and Drew Bobincheck handled the transaction on behalf of the sellers, Curt and Janet Strohecker.
Manufactured Home Community Changes Hands in Pennsylvania Read More
Six years after passing the Dodd-Frank Act, which was designed to avert another financial crisis, the American Action Forum (AAF) asserts Dodd-Frank has imposed over $36 billion in final rule costs plus 73 million paperwork hours. That is an increase from last year’s $24 billion in final rule costs and
The Dodd-Frank Legacy: Billions Spent, More Designated, Questionable Gains Read More
On the old business agenda of the Madison County Planning and Development Committee in Edwardsville , Illinois, its next meeting will consider the petition of a couple requesting a special use permit to continue the siting of their multi-section manufactured home “for a period not to exceed five years.” At
Petitioners in Ill. City Seek Special Use Permits for MH Sitings Read More
In the news from CNNMoney: Roger Ailes leaves Fox News. Chinese immigrant cleaned houses, walked dogs, and is now head of Stanford U.’s artificial intelligence lab. Feds try to seize Wall Street Journal reporter’s phones at LAX. Facebook valued at $1 trillion? Starbucks sales are slowing: stock sinks. America’s biggest
Dow Jones Ends Run-up; UFPI Falls -2.31 Points Read More
As of the close of the second quarter, 2016, Boulegeris Investments bought 248,865 shares of manufactured home community owner UMH Properties, Inc. (NYSE:UMH), according to tradecalls, and now owns 1,285,191 shares valued at $15,833,553. UMH comprises 10.47 percent of Boulegeris’ portfolio. Another hedge fund, Creative Planning, upped its stake in
UMH Properties, Inc. Stock being Pursued Read More
Nielsen Ratings reports during the 10 PM eastern time slot when Donald Trump’s wife Melania and former NYC Mayor Rudy Giuliani were addressing the first night of the Republican National Convention, several cable news outlets raised their viewer audience substantially over four years ago, while one slipped in the ratings.
22 Million Tune into GOP Convention; the Media Rundown Read More
A division of Patrick Industries, Inc.,a component supplier to the manufactured home and recreational vehicle industries, is investing $600,000 and creating 60 jobs, building a facility to produce countertops in Baldwyn, Mississippi, according to bizjournals. With a scheduled beginning of operations in Sept., 2016, AIA Countertops is a large, natural
Patrick Industries Subsidiary Creating 60 Jobs in Mississippi Read More
MHProNews has been informed by baseballnewssource that BlackRock Institutional Trust Company N.A. upped its stake in shares of Drew Industries Inc. (NYSE:DW) during the first quarter, adding 7.5 percent, according to its most recent disclosure with the Securities and Exchange Commission. The firm now owns 661,687 shares of Drew Industries,
Hedge Funds Upping Stake in Drew Industries, Inc. Read More
In the news from CNNMoney: Dow rises for ninth consecutive day. Half of Brazilians are against the Olympics. Air BNB hires Eric Holder to address discrimination. Roger Ailes, dominant founder of Fox News, on the way out. HSBC banker arrested at JFK in trader scheme. Drone made by 18 year-old
Dow Jones Continues Upward; Louisiana-Pacific Tops MH-related Stocks Read More
The Commerce Department tells MHProNews that housing starts rose 4.8 percent in June to a seasonally-adjusted annual rate of 1.19 million. While the June rate was the highest since Feb., it was down from 1.21 million a year ago, according to philly. Meanwhile, construction of single-family homes increased 4.4 percent
Housing Starts, Single-family Home Construction Shows Promise in June Read More
The National Association of Home Builders (NAHB) tells MHProNews builder sentiment slipped from 60 to 59 in July, although economists had predicted it would remain at 60, the highest number it has hit so far this year. All three components of the index—current and future sales expectations and buyer traffic—slipped.
Builder Confidence Index Slips in July, but Still in Positive Territory Read More
Equity LifeStyle Properties (NYSE:ELS) reports for the second quarter ending June 30, 2016 total revenues rose $8.6 million, or 4.3 percent, to $210.1 million, as compared to $201.5 million for the same period in 2015. Net income available for common share stockholders increased $3.7 million, or $0.04 per diluted common
ELS Q2 2016 Indicates Revenue, Income and Community Growth Read More
The Indian Springs Holiness Camp in Flovilla, Georgia plays out to its estimated 5,000 expected visitors when it closes after a ten day run July 24, a gathering that has been continuous for 126 years at the camp. Its 300 acres encompasses 120 cabins owned by individuals who stay there
Large Religious Camp Seeking Manufactured Homes for Participants Read More
In the news from CNNMoney: Because it’s a scary world, it’s a good time be in the war business, as defense contractors’ stocks outpace the broader markets. Ford teaming up with Jose Cuervo—will use agave plant to make bioplastic auto parts. Trump’s GOP wants to break up big banks. Goldman
MHCV Falls -5.78 Percent; Dow Jones Continues Flying Higher Read More
MHProNews has learned from washingtonpost a group of conservative Latino leaders who asserted they could never support Donald Trump because of his criticism of specific Hispanics, and his policy and rhetoric about minorities, have decided that he would be a stronger unifying force than Hillary Clinton. “We are not enamored
Despite the Bashing, Hispanic Politicos Endorse Trump as Stronger than Clinton Read More
A Blue Ridge Texas family who lost their home and their three-day-old baby last December to a tornado that tore through Collin County have been gifted a manufactured home (MH), donated through the efforts of two churches—First Baptist Church of Blue Ridge and Christ Fellowship in McKinney, TX. There are
Two Tornado-struck Families Receive Gifted Manufactured Homes Read More
As kowb1290 in Laramie, Wyoming tells MHProNews, licensing of manufactured home communities (MHC) began in the 1950s, before zoning even existed, and has remained mostly unchanged as part of the zoning code since. The city council will consider the third and final reading of updated standards for MHCs on Tuesday,
Laramie, WY Updating 50-year old Manufactured Home Regulations Read More
