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.
The one-time site of a manufactured home community in Caversham, United Kingdom will soon see 28 modular homes for homeless families, as MHProNews has learned from getreading.co.uk. The goal of the Reading Borough Council is to address the chronic lack of temporary housing in the borough and reduce the use […]
Former MH Community Property will Host Modular Homes for Homeless Read More
Shady Oaks Mobile Home Park in St. Cloud, Minnesota will close in August, 2016, and Le Sauk Township will enlist the assistance of Wilson Development Services to help with relocation efforts for the residents, according to sctimes. The state requires communities that are closing to give residents a nine-month notice,
Minnesota MH Community Closing, Consultant Helping with Relocation Read More
In the news from CNNMoney: Verizon reaches deal with 36,000 striking workers. Fed Chair Janet Yellen says rate hike will be appropriate soon. Twenty-three percent of U. S. homes have two refrigerators. French gasoline shortages fueling interest in electric cars. Trump’s Energy Plan: Regulate less, drill more. U. S. economic
Cavco’s Stock Gains 4.76%, closes at $100.23 Read More
According to streetinsider, Drew Industries, Inc. (NYSE:DW) has declared a quarterly dividend of $0.30 per share, or $1.20 annually. To stockholders of record on June 6, 2016 the dividend will be payable June 17, 2016. The ex-dividend is set for June 2, 2012. Annual yield on the dividend is 1.6
Drew Declares Quarterly Dividend Read More
Pending home sales rose for the third consecutive month in April, this time hitting the highest level since Feb. 2006, as 12newsnow reports to MHProNews. The National Association of Realtors (NAR) said its seasonally adjusted pending home sales index billowed 5.1 percent in April to 116.3, just shy of the
New Home Sales Spike; Pending and Existing Home Sales also Rise Read More
Harking back to a post MHProNews published Feb. 23, 2016 regarding Wyoming Homes owner David Valenti pleading guilty to 19 counts of theft for not delivering modular homes for which he had been paid, he has now pleaded guilty to 21 counts of theft, alleging he stole over $240,000 from
Modular Home Dealer Ordered to Jail on 21 Theft Charges Read More
Netols Asset Management, after selling 4,064 shares of Sun Communities, Inc., reduced its stake in Sun Communities Inc., (NYSE:SUI) to 142,175 shares valued at $10.1 million, as themarketdigest informs MHProNews. Hedge fund Daiwa Securities Group added 447,536 shares of Sun to its portfolio and currently has a stake valued at
Investors Alter Stakes in Sun Communities and Patrick Industries Read More
In the news from CNNMoney: Abercrombie’s stock falls 16 percent after admitting fewer shoppers are coming to its stores. McDonald’s raided by French police after tax probe. Signet Jewelers—Zales, Jared, Kay, and Piercing Pagoda—reported disappointing sales, stock fell ten percent. Pittsburgh Steelers using a robot to reduce injuries during practice.
Skyline Advances the most on Otherwise Quiet Trading Day Read More
MHProNews posted a story May 25, 2016 regarding the Waples Mobile Home Park in Fairfax, VA being charged with violation of federal and state fair housing laws for evicting residents who do not have Social Security cards, which a legal aid group says is discriminatory because it disproportionately affects Latinos.
Lawsuit Charges Eviction from MH Community is Discriminatory Read More
From naplesnews, MHProNews has learned Fort Myers, Fla.-based Murex Properties won the 2016 Community of the Year award, Western Region for its Dolce Vita manufactured home community (MHC) east of Phoenix. The annual honor was bestowed upon Murex at the Manufactured Housing Institute’s National Congress and Expo for Manufactured and
Following a story MHProNews last posted May 5, 2016 regarding the planned closing of Lowry Grove manufactured home community (MHC) in suburban Minneapolis, theuptake reports the 96-home site community residents, mostly people of color, are attempting to raise $6 million to counter the offer of Continental Property Group (CPG)—but they
MH Community Closing, Residents trying to Stave off Displacement Read More
MHProNews has learned from globenewswire that manufactured and modular home producer Cavco Industries, Inc. will release its financials for the fourth quarter of fiscal year 2016 on Thurs., May 26, 2016, after the close of the market. On Fri., May 27, 2016, at 1 PM eastern daylight time, senior management
Cavco Industries Releasing Quarterly Numbers May 26 Read More
Four Latino families have alleged that Waples Mobile Home Community and its management company, A. J. Dwoskin & Associates in Fairfax, Virginia, violated the Fair Housing Act, the Virginia Fair Housing Law and the Manufactured Home Lot Rental Agreement. They claim the community owners refused to renew the leases of
VA MH Community Charged with Violating the Fair Housing Law Read More
In the news from CNNMoney: China’s currency is at five-year low. Five scammers arrested in IRS impersonation scheme. Jury convicts man for $17 million arms deal with Colombian terrorists, despite claims of ties to CIA. Will Congress compel Donald Trump to release his taxes. The housing market is one strong
Northstar, Skyline Advance over Four percent Read More
Good news for the spring buying season came in the form of new home sales trumpeting 16.6% in April, the best monthly rate since 2008, as sales rose to a seasonally-adjusted annual rate (SAAR) of 619,000 units, up from 531,000 in March. According to the Commerce Department, as reported to
New Home Sales Surge in April, especially in the Northeast Read More
At the 2016 National Congress & Expo for Manufactured and Modular Housing held in Las Vegas, 700 manufactured housing (MH) professionals heard a panel of industry leaders state that, with the onset of seniors downsizing, single-parent households and Millennials becoming the largest consumer group, the time is ripe for MH
MH Industry Leaders Pursue New Marketing Strategies Read More
With 8,000 to 10,000 Baby Boomers hitting the 65 mark daily, a task force from the Bipartisan Policy Center, arguing that there is a link between housing and health that will impact the well-being of the country’s senior population, is urging the federal government to spur investment in affordable housing
Shortage of Affordable Housing Could Severely Impact 40% of Boomers Read More
Noting that one third of the people in Ireland need some form of state support to buy or rent a home, Housing Minister Simon Coveney, speaking to the Housing Agency’s annual conference, said, “Affordability is the real challenge facing housing in Ireland.” Facing a deadline at the end of July
Ireland Dealing with Severe Affordable Housing Shortage Read More
Presented at the 2016 Venice Architecture Bienalle, and set to launch this summer in the Netherlands, this new self-reliant concept involves waste recycling, energy generation and food production to attain sustainable living. Based on a study from Stanford University, each village combines homes, greenhouses and public buildings, interconnecting vertical farming
Self-sustaining Community Features Vertical Gardens Read More
In the news from CNNMoney: Snapchat valued at more than $20 billion. Coke production is stopped in Venezuela because of sugar shortage. International Wastewater Systems turns sewage into useable energy. Urban millennials targeted by Whole Foods as it rolls out its 365 stores, which are smaller than its regular stores
All MH-related Stocks, except one, advance; Dow gains over 200 Points Read More
