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.
MHProNews has learned from wvmetronews that the Federal Emergency Management Agency (FEMA) has stated some 5,500 homes and businesses have been impacted by the severe flooding in West Virginia, and of those, 1,500 are homes damaged beyond repair. President Barack Obama declared West Virginia a disaster area and made expanded […]
Modular Homes may House W VA Flood Survivors Read More
In the news from CNNMoney: Delta loses $450 million bet on fuel. U. S. has the most untapped oil in the world. Some Ashley Madison women were actually computerized fembots. Five years later NASA’s Juno reaches Jupiter. Mounting concern over superbug in Rio’s waters. Twinkies maker Hostess to go public.
Nobility Homes Gains+3.79%, NorthStar Realty Drops -5.24% Read More
Updating a story MHProNews has been following out of the Lowry Grove manufactured home community (MH) in St. Anthony, MN outside Minneapolis, where residents were trying to stop the sale of their community, and are now trying to reverse the sale in court, the nearly 100 families have been given
Lawsuit Attempts to Block Sale of Manufactured Home Community Read More
The manufactured home community (MHC) that has been the setting for TLC’s Myrtle Manor TV reality show in Myrtle Beach, South Carolina is in fact Patrick’s Mobile Home Park, according to myrtlebeachonline. Owner Cecil Patrick currently sells souvenirs relating to the show but has to apply for a “special event”
MHC Reality Show Prompts MHC Souvenir Shop Read More
In insider trading, Todd Cleveland, CEO of Patrick Industries, Inc. (NASDAQ:PATK), a component supplier to the manufactured home and recreational vehicle industries, sold 20,000 shares of Patrick common stock at an average price of $59.50 per share for a net transaction of $1,190,715. Currently, Mr. Cleveland owns 405,481 shares of
Insiders Making News at Patrick Ind. and Sun Communities Read More
Using low-income housing tax credits from the Internal Revenue Service, the $6.4 million modular senior housing project in Huntington, West Virginia, which when completed before the end of the year will consist of 30 one-bedroom units measuring about 650 sq. ft. and 10 two-bedroom units of about 800 sq. ft
Modular Apartments for Seniors to be Occupied by Year’s End Read More
All U. S. stock exchanges are closed for the fourth of July holiday.They will reopen tomorrow at 9 AM. Happy Birthday America!! (Photo credit: Wikipedia–New York Stock Exchange) Article submitted by Matthew J Silver and posted to Daily Business News-MHProNews.
Stock Markets Closed Today for Independence Day Read More
Despite the slowdown in the oilfield economy around Odessa, Texas, the population is still growing, especially in the area around West Odessa in Ector County. Local officials estimate based on the number of applications for installing septic systems, which are typically for single-family residences. The 2010 census determined there were
Manufactured Home Growth Still Alive in West Texas Read More
The Board of Directors of UMH Properties, Inc. (NYSE: UMH) declared its quarterly cash dividend on the company’s common stock of $0.18 per share payable September 15, 2016, to shareholders of record as of Aug. 15, 2016. This equates to an annual dividend rate of $0.72 per share, as satprnews
UMH Properties Announces Quarterly Stock Dividends Read More
What’s New in public focused Manufactured HomeLivingNews.com St. Petersburg, FL – Misjudging Mobile Homes – Tale of Two Cities What’s New in Manufactured Housing Industry Professional News House committee requesting documentation from CFPB. Modular apartments replacing old apartment buildings. Zeman plans MH build in Florida. Maine city gets community development
Sunday Morning Recap-Manufactured Housing Industry News June 26-July 3, 2016 Read More
MHProNews stated in a post June 14, 2016, the Consumer Financial Protection Bureau (CFPB) has spent nearly double in advertising this year than for all of 2015, spending 2.5 percent of its budget on ads to reach consumers. As MHProNews noted then, “during the past three years, only the National
House Committee Pressing CFPB for Advertising Documentation Read More
Over four-and-one-half years after Tropical Storm Irene tore through Waterbury, Vermont, destroying 11 manufactured homes (MH) with waist deep water, developer Bob Baker with Paramount Homes is replacing the damaged units with 11 modular homes he will rent out. “As strong Vermonters, we just rebuild and that’s what we’re doing.
Modular Homes Rising where Irene Destroyed Manufactured Homes Read More
People walking through a sleek new design home in San Diego overlooking the Pacific do not realize it is made of recycled shipping containers until they are told, as realtor tells MHProNews. “There’s a stigma, a misperception,” listing agent Jonathan Sanders says of the modular construction which his company and
Modular Container Home in High-end Calif. Market Read More
Following an hour-long Kelowna, British Columbia, City Council meeting regarding a request by a local fruit grower to build more permanent housing for foreign fruit pickers, as cbc.ca trells MHProNews., who the grower says stay nearly eight-months, has resulted in the council sending a letter for clarification to B. C.
British Columbia City may Allow Manufactured Homes for Foreign Agri Workers Read More
In the news from CNNMoney: Ammunition imports shoot up nearly 50 percent. President Obama signs Puerto Rico rescue bill. NFL’s Roger Goodell pay is cut to $31.5 million in 2015, down from $44.2 million in 2012. Workers to strike at Trump Taj Mahal Casino. Rio gets federal bail out 36
UMH Properties is Top Gainer; MHCV slips, Skyline Falls Read More
As investors await the Aug. 4, 2016 earnings report from manufactured housing community (MHC) owner UMH Properties, Inc. (NYSE:UMH), the stock has hit a new 52-week high at $11.25, with a target of $26.10, a 132% increase. If that is reached, that will add $405.09M to the $306.89M valuation of
UMH Properties hits 52-Week High, Projections Skyward Read More
A project to replace deteriorating apartment buildings in Farmington, Maine with modular units moved closer to fruition as the Board of Selectmen accepted a $500,000 Community Development Block Grant (CDBG), and appointed an eight-member advisory board to oversee the building. MHProNews last posted a story about the project, called 82
Maine City Receives Block Grant for Modular Apartments Read More
Chicago-based Zeman Homes, which bills itself as one of the largest privately-owned owners of manufactured home communities (MHC) in the nation, has purchased a 43-acre site near Naples, Florida zoned for a 273 home MHC site. The company recently acquired the 55+ community Caribbean Park, according to what MHProNews has
Zeman Expands its Reach into Florida Read More
Following a three-month climb, the pending home sales index slipped 3.7 percent from April to May, to 110.8, according to the National Association of Realtors (NAR), 2.6 percent higher than expected, but a 0.2 percent decrease from may 2015. With 100 being a healthy number, the index has not fallen
Pending Home Sales Slip April to May Read More
In the news from CNNMoney: A Tesla 2015 S on autopilot has fatal crash, spurring Federal investigation. JetBlue is offering free Precheck for frequent fliers. Glock wins $85 million FBI contract. China is crushing the U. S. in economic warfare. Some 20 percent of the 260 million cars on U.
Skyline Outshines other MH-related Stocks; Dow Regains 235 Point Read More
