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: All day breakfast fills McDonald’s bottom line. San Francisco’s Yellow Cab files for bankruptcy. Iran wants to acquire 500 planes and resume flights to U. S. Shake Shack’s CEO continues to eat Chipotle’s burritos. Hong Kong has the least affordable housing in the world. Oil […]
Deer Valley Plummets; Volatile Dow Falls 208 Points Read More
Cavco Industries, Inc. (NASDAQ:CVCO) is set to announce its earnings results for the most recent quarter on Wed., Jan. 27, 2016, with analysts expecting the company to announce $0.80 earnings per share (EPS), according to emqtv. The company last released its quarterly financials on Thurs., Oct. 29, 2015 reporting EPS
Cavco to Release Quarterly Financials Jan. 27 Read More
MHProNews has been informed by redrocknews that the city of Sedona, Arizona, will receive $309,000 in federal Community Development Block Grant (CDBG) funds for a citywide housing rehabilitation program. The funds are aimed at helping moderate-to-low-income homeowners make needed health and safety upgrades to their homes. Manufactured homes are included
Block Grant Funds available for Manufactured Home Repair Read More
What’s New in public focused Manufactured HomeLivingNews.com Reality Check – Living Better When Quality Living Costs Less Outside the Box: Inventing New Looks for Manufactured Homes What’s New in Manufactured Housing Industry Professional News Manufactured Housing Administrator Danner speaks at Louisville. What could slow retail sales mean for manufactured housing.
Sunday Morning Recap-Manufactured Housing Industry News Jan. 17 -Jan. 24, 2016 Read More
In the largest monthly increase the National Association of Realtors (NAR) has ever experienced, sales of existing homes spiked 14.7 percent in Dec., putting a shining finish on the end of the year with 5.26 million previously-owned homes sold in 2015, the best year since 6.48 million homes were sold
Existing Home Sales hit Nine-year High Read More
According to cnnmoney, UMH Properties, Inc. (NYSE:UMH) reports the board of directors has declared a quarterly dividend on the company’s common stock of $0.18 per share payable March 15, 2016 to shareholders of record as of Feb. 16, 2016. In addition, the board declared a quarterly dividend of $0.515625 per
UMH Declares Dividends on Preferred and Common Stocks Read More
Following a story MHProNews last reported on Nov. 23, 2015 regarding temporary manufactured homes (MH) for survivors of the wildfires in Northern California, uniondemocrat reports 22 MH are set up in Calaveras County and ten are occupied. Federal Emergency Management Agency (FEMA) spokesman Victor Inge said 12 have been sited
Manufactured Homes Rolling in for Wildfire Survivors Read More
In the news from CNNMoney: Mexican peso drops to lowest value ever versus the dollar. Barclays employs 51 % women, 49 % men. AmEx stock down 20% this year, nearly 25% last year. Oil spikes 23% in two days to $32/bbl, spurring the stock market, while oil company defaults are
Carlyle Posts Largest Advance; Dow Moves back above 16k Read More
Pamela Beck Danner, Administrator for the Office of Manufactured Housing at the Department of Housing and Urban Development, addressed attendees at the Louisville Manufactured Housing Show. Danner previous experience includes service as an attorney with the Office of HUD’s General Counsel. In 1982 she was appointed Director of the Office of
HUD’s Manufactured Housing Head Danner Speaks in Louisville Read More
For the second time in two years, owners of the Bon Ayre manufactured home community (MHC) in Smyrna, Delaware have violated the state’s Rent Justification Act by raising rents beyond the federal consumer price index, without giving a valid reason for the above average increase. Kent County Superior Court Judge
Manufactured Home Community Owner Challenges Rent Control Read More
The National Association of Home Builders (NAHB) reports housing starts fell 2.5 percent in Dec., 2015 to a seasonally-adjusted annual rate (SAAR) of 1.15 million homes, following an upswing in Nov. of 10.1 percent, according to charlotteobserver. Over the year, housing starts had their best showing since 2007, advancing 10.8
Dec. Housing Starts, Permits Fall, but Up for 2015 Read More
In the news from CNNMoney: Walmart fired striking workers unlawfully. Generator stock skyrockets on news of coming blizzard. Saudi Arabia says it can handle low oil prices. Lower oil prices cost the U. S. 150,000 jobs in 2015, as well as 81 oil and oilfield bankruptcies, with many more expected.
Carlyle Posts Largest Advance, Skyline the Largest Loss Read More
Columbia Wanger Asset Management LLC reduced its holdings in factory-built home producer Cavco Industries, Inc. by -27.41 percent, or 702,685 shares, reports fdanewsalert. According to the most recent Security and Exchange Commission filing, 84 investors own Cavco, accounting for 9,213,425 shares. Ten investors opened new Cavco stakes while 29 existing
Investor reduces Position in Cavco Read More
According to The Wall Street Journal, the National Association of Home Builders (NAHB) reports the gauge of home builder sentiment in the U. S. remained at 60 from December, where any number above 50 indicates builders are positive about the single-family home market. Economists who were surveyed by wsj anticipated
Home Builder Sentiment Remains Steady at 60 Read More
Show Ways Unlimited, show management for the Midwest Manufactured Housing Federation (MMHF) that puts on the Louisville Manufactured Housing Trade Show has informed MHProNews that Friday has been canceled due to inclement weather. As much as a foot of snow is forecast for Friday, and neighboring parts of the nation
Thursday will be last day for 2016 Louisville Manufactured Housing Trade Show Read More
MHProNews has learned from equitiesfocus that Sun Communities, Inc. distributed a dividend of $0.65 per share to its shareholders of record as of Dec. 31, 2015. The payout date was Jan. 15, 2016, and was the same amount as the dividend last year. Earnings per share (EPS) one year ago
Sun Communities Distributes Dividend Read More
In the news from CNNMoney: ISIS cuts its fighters pay in half. China records slowest economic growth in 25 years. Seinfeld selling Porsche 550, same as James Dean died in for $5-6M. Tiffany’s cutting work force following disappointing sales, reflecting a story MHProNews posted Jan.18, documenting a slippery economy. Over
MHCV, Dow, Carlyle Inch Up Read More
The TOPGUN (Tenants of Pine Gardens Uniting Neighbors) Association of Pine Gardens Mobile Home Park in Belmont, New Hampshire will meet at the Belknap County Complex in Laconia, NH, Sat., Jan 30. According to what citizen tells MHProNews. Lois Parris, the president of Manufactured Home Owners and Tenants Association of
Residents of Pine Gardens Manufactured Home Community to Meet Read More
While terms of the acquisition were not disclosed, Zeman Homes, Inc. has informed MHProNews it has acquired four manufactured home communities (MHC) in the greater Detroit metropolitan area. All age communities Wagon Wheel, Wagon Wheel South, Carleton and Oak Haven have added 749 home sites to Zeman’s portfolio of MHCs,
Zeman adds four Manufactured Home Communities to Portfolio Read More
Locals have told MHProNews that until recently, winter in the Bluegrass state has been mild. But old man winter is striking just in time for the 2016 Louisville Manufactured Housing Show. What promises to be the largest display in about a decade awaits the thousands of MH professionals who leave
Louisville Forecast – Leave Early to Benefit from Indoor MH Show Read More
