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.
Saying that “housing equals jobs,” Republican presidential nominee Donald Trump, playing to members of the National Association of Home Builders (NAHB), said that he would cut regulations, lower taxes and create jobs if he is elected, as the 900 small business owners responded with resounding applause at the Fontainebleau Miami […]
Trump’s Speech Plays to National Association of Home Builders Read More
MarketWatch informed MHProNews that the Dow industrials hit an intraday record of 18,638.14. U.S. stocks post modest weekly gains, while Nasdaq hits record. Jump in oil prices causes U.S. stocks to climb to all time highs – assisted by lower jobless claim figures. The Dow and S&P 500 closed the
Boston already has 150 microunit apartments—housing units under 450 square feet– with 200 more on the way, but according to bostonherald, a new 385 sq ft module designed collaboratively by the city’s Housing and Innovation Lab, the Boston Society of Architects (BSA) and developer Livelight could play a huge role
Modular Apartments may Alleviate Boston’s Housing Crunch Read More
Updating an MHProNews post from July 15, 2016, regarding the development of a new manufactured home community (MHC) in Calcasieu County, Louisiana, neighbors gathered Thurs. night, Aug. 11 who are opposed to the project. The Calcasieu Parish Police Jury Planning and Zoning Committee meeting Tue., Aug. 16 will discuss changing
Developers Pare Down Size of New MH Community; Neighbors Still Unsure Read More
All three major stock indexes close at records for first time since 1999, as MarketWatch revealed to MHProNews. Treasury yields jump the most in a week, as stocks hit new records. HSBC advises investors to look where companies make their revenue. Reports reveals that certain REIT stocks are suffering from fear
Cavco Industries biggest gainer as Manufactured Housing CV climbs Read More
MHProNews has learned that MHRE Manufactured Housing Group arranged the sale of 278-home site Heartland Estates manufactured home community (MHC) in Haines City, Fla. to Murex Properties of Fort Lauderdale, a nationwide owner and manager of MHCs. The 55+restricted community boasts a 5,000 sq ft clubhouse with a veranda overlooking the
Florida’s Heartland Estates changes Hands Read More
Phoenix, Arizona based Cavco Industries, Inc. (NASDAQ:CVCO) released key figures and financial highlights for the first fiscal quarter, which ended July 2, 2016. Cavco management followed their August 09, 2016 release of SEC reported filings with a conference call to discuss the results in further detail. Key points released by
Following the ongoing saga of the Lowry Grove manufactured home community (MHC) in Minneapolis that has filed suit to reverse the sale of their community for not being offered first right of refusal, as MHProNews reported Aug. 8, 2016, an amicus brief from the state attorney general’s office in support
First Time First Right of Refusal Law in Minn. Will be Tested Read More
The U. S. Census Bureau reports nearly 15 percent of Americans, some 47 million, live below the poverty line;14 percent of households have a negative net worth, according to what bloomberg tells MHProNews. Forty-three percent of those with negative net worth are college graduates, one in eight has a graduate
Is Student Loan Debt Stifling the Economy? Read More
Writing in idahostatesman, Jerry Brady, a business man and member of Compassionate Boise, having once “snobbishly dismissed” manufactured and modular homes as flimsy and unworthy, now realizes with a shortage of some 10,000 affordable homes in south and south-central Idaho, says, “I can’t do that any longer. If you dream
Modular Housing Suggested for 10,000 Affordable Housing Shortage Read More
Stocks ended slightly lower, MarketWatch informs MHProNews, dragged by slumping oil prices, while Treasury yields post the largest 2-day decline in a month. The 2016 Presidential Elections are being blamed for a slow down in sales. The dollar weakens, as investors bet the Fed won’t hike rates in 2016. Meanwhile
Nobility Homes rising, The Carlyle Group slips and Manufactured Housing CV dips Read More
Minnesota’s temporary family health care housing law will allow a modular or manufactured home or recreational vehicle to be sited on the property of a relative, legal guardian or caregiver for up to one year, as MHProNews has learned from abcnewspapers. The law would allow a structure of up to
Manufactured Home can Provide Temporary Health Care Read More
Updating a story MHProNews last posted Aug. 1, 2016 regarding the use of the Federal Emergency Management Agency’s (FEMA) manufactured homes for people whose homes were destroyed in the Erskine Fire in California, the Kern County Board of Supervisors voted unanimously to pursue a county-state partnership for recovery from the
FEMA Grants California Control over Distribution of Emergency Manufactured Homes Read More
Elkhart, Indiana based Drew Industries (NYSE:DW), a leading supplier of RV and manufactured housing industries components, has announced their second quarter results. According to their August 9th, 2016 SEC filing by Chief Financial Office (CFO) David Smith, their Board of Directors approved a regular quarterly cash dividend of $0.30 per
Drew’s Q2 – Dividends and Insider Trading Read More
In May of 2014 spring melt flooding on the Albany River drove 450 Kashechewan First Nation residents living in Northern Ontario, Canada out of their homes and into temporary quarters in Kapuskasing, according to what cbc.ca tells MHProNews, at a cost to the government of $350,000 monthly. Earlier this spring,
Kashechewan First Nation getting Modular Homes following Major Flood Read More
Schroder Investment Management Group acquired an additional $2,017,000 worth of Equity LifeStyle Properties (ELS) shares for the quarter ending July 30th, 2016. Finance Daily tells MHProNews that the purchase results in a 2.2% increase over its previous holdings in the REIT (NYSE: ELS) bringing total investment figures up to $15,875,000.
Management Group Increases Holdings in Equity LifeStyle Properties (ELS) Read More
A new modular apartment building has risen at the corner of Washington and 12th St. in Philadelphia, as philly.curbed informs MHProNews, assembled in one three-day weekend. The luxury apartment building that replaced the old heating and air conditioning store is five stories tall and will have a combination of 50
Modular Apartment Building Rises in Three Day Weekend Read More
MarketWatch informs MHProNews that Treasury yields are drifting lower as summer trading cools. The dollar weakens as domestic productivity falls for 3rd month. Oil prices are said to be heading towards $30 a barrel. Gasoline prices may fall below $2 a gallon nationwide before year-end. Gold closes higher to end
UMH leads gainers, Skyline slips as MHCV trails the broader markets Read More
For the ninth consecutive quarter, builder confidence in the single family 55+ senior housing market has remained in positive territory, reports the National Association of Home Builders (NAHB) to MHProNews. “Builders and developers for the 55+ housing sector continue to report steady demand,” said Jim Chapman, chairman of NAHB’s 55+
Senior Single-family Market Remains on the Upside Read More
Both the Democratic and Republican campaigns this year are devoting considerable energy to housing, the cornerstone of the “American Dream,” but both have different approaches to the topic, as dispatch tells MHProNews. Platforms serve more as rallying cries than actual policy initiative, and typically, the Republicans will call for less
Housing Platforms: Dems say Up the Ante; GOP says Shut Federal Spigot, Throttle Regulators Read More
