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 noting the 50th anniversary of former President Lyndon Johnson’s legislation creating the Department of Housing and Urban Development as a means to provide housing assistance in a growing urban population, Financial Services Committee Chairman Jeb Hensarling (R-TX) has issued a challenge to the public for assistance in solving the […]
Deadline for Comments on HUD Program Rapidly Approaching Read More
Updating a story MHProNews last posted Oct. 23, 2015 regarding the Federal Emergency Management Agency’s (FEMA) housing assistance to survivors of the Butte and Valley Fires in California, mymotherlode reports crews are busy removing debris and household hazardous waste materials. The state and federal EPA (Environmental Protection Agency) continue to
50+ FEMA Manufactured Homes are on the Way Read More
By some estimates, ranked as the largest private equity firm in the world with $193 billion in assets under management, the Washington, D. C.-based Carlyle Group has invested in another manufactured home community (MHC) in California, according to bizjournals. As MHProNews reported Sept. 22, 2015, Carlyle took part ownership in
Carlyle Acquires another Bay Area Manufactured Home Community Read More
MHPronews has learned from Forbes that new home sales fell 11.5 percent in September to 468,000 units, a drop from the 529,000 units in August, yet two percent higher than home sales in 2014 of 459,000. The median sales price of new homes, however, rose to $296,900 in September, up
New Home Sales Drop as other Housing Indices Strengthen Read More
In the news from CNNMoney: Many stocks fall on disappointing corporate third quarter results. IBM being investigated by the FBI. CEO raises company minimum wage to $70,000. Cheap oil forcing Saudi Arabia to consider ending gas subsidies. If Uber succeeds in its next fundraising, it will be worth $60-70 billion—more
Skyline Erases Gains from Two Days; MHCV drops -2.15 Percent Read More
Washington, D.C., October 27, 2015 – MHARR informs MHProNews that in response to an invitation by House Financial Services Committee Chairman Jeb Hensarling (R-TX) to “bring new ideas to the table on how best to fight the problems of poverty and housing affordability” on the 50th anniversary of the legislation
MHARR White Paper to Jeb Hensarling on HUD Read More
As a ROC USA™ Certified Technical Assistance Provider, the Northcountry Cooperative Foundation provides education, technical assistance, encouragement and services to cooperative organizations. According to publicnewsservce, there are roughly 1,000 manufactured home communities in Minnesota with a population just under 200,000 people, about six percent of the state’s populace. Warren Kramer,
Health Insurance Firm Funds MHC Cooperatives Read More
Sun Communities (NYSE:SUI) will host an earnings call for the third quarter of this year on Tue., Oct 27, 2015 at 1:00 PM eastern time, according to dakotafinancialnews. For the quarter ending July 30, 2015 the real estate investment trust (REIT) posted earnings of $0.87 earnings per share (EPS), $0.04
Sun Communities to Discuss Q3 Earnings Read More
MHProNews has learned from jpupdates that two historic tenement buildings on New York City’s Lower East side will be demolished and replaced with a modular apartment building. Located at 201 and 203 Broadway, the buildings were home to the United Hebrew Community (UHC) of New York, which was founded in
Modular Apartments to Replace NYC Tenements Read More
In the news from CNNMoney: Oil falls below $44 a barrel, natural gas drops nine percent. United Nations’ World Health Organizaton (WHO) says processed meats cause cancer; meat industry cries “alarmist.” Americans are driving more than ever. Chinese firm buys Texas oil fields for $1.3 billion. Nonprofit New Story says
Skyline Outperforms other MH Stocks Two Consecutive Days Read More
Canadian Apartment Properties REIT (TSE:CAR.UN) has recently received an “outperform” rating and a C$32 ($24 USD) target price from National Bank Financial. On Aug. 12 RBC Capital gave the company the same rating and target price, as dakotafinancialnews informs MHProNews. All told, three research companies have issued a “hold” rating
Land Lease Community Owner in Canada gets Strong “buy” Rating Read More
From dezeen, MHProNews has learned New York-based MOS Architects studio has created modular home called the Corridor House, a series of plywood modules each made to resemble a corridor, or hallway, with a courtyard in the middle. On display at the Chicago Architecture Biennial 2015, each module measures five feet
Chicago Show offers Low-cost Modular Homes Read More
MHProNews has learned from yahoobiz that manufactured home community (MHC) owner and operator UMH Properties, Inc. (NYSE:UMH) has completed its issuance and sale of 1,801,200 shares of 8.0 percent Series B Cumulative Redeemable Preferred Stock at a sale price of $25.00 per share. These shares are equal to the company’s
UMH Issues Series B Preferred Stock Read More
What’s New in public focused Manufactured HomeLivingNews.com Retired Realtor ® and Conventional Housing Pro on Why they Bought a Manufactured Home Comparing Quality to Quality – Conventional On-Site Building vs. Manufactured Homes What’s New in Manufactured Housing Industry Professional News “Duty to Serve” Rule Planned by FHFA, as cost of
Sunday Morning Recap-Manufactured Housing Industry News Oct. 18-Oct. 25, 2015 Read More
MHProNews has learned from dakotafinancialnews that Richard W. Florea, CEO of Skyline Corp. (NYSE:SKY) purchased 10,000 shares of company stock in a transaction dated Oct. 21, 2015, according to a filing with the Securities and Exchange Commission (SEC). He acquired the stock at an average price of $2.99 per share,
Insider Trading at Skyline Corp. Read More
In August, in Dublin, Ireland, there were 1,275 homeless children among 607 families, up from 1,185 homeless children from 556 families in July, as MHProNews reported Sept. 15, 2015 in a story about housing the homeless. According to irishtimes, the week of Sept. 21 to Sept. 27, 2015 those numbers
400 Modular Units to be Deployed in Dublin for the Homeless Read More
In the news from CNNMoney: Former Subway spokesman Jared Fogle paying $1 million to victims. Mark Zuckerberg and wife Priscilla Chan opening nonprofit school that will offer healthcare services to all students through 12th grade. Vacation cruise business is cruisin’. Trevi Systems has developed inexpensive desalination method to convert sea
MHCV Gains 1.62%; Skyline Advances 6.5%; NASDAQ Gains over 100 Points Read More
MHProNews has learned from the Federal Emergency Management Agency (FEMA) that one of the first seven manufactured homes to house survivors of the Butte and Valley wildfires will be available for media members to tour on Friday, Oct. 23 at McClellan Park in McClellan, California. Being installed by the state’s
Manufactured Homes Arrive for Wildfire Survivors Read More
The National Association of Realtors (NAR) tells MHProNews that sales of existing homes in September rose 4.7 percent to a seasonally adjusted annual rate (SAAR) of 5.55 million, up from 5.3 million in August, according to thehill, hitting their second highest pace in eight years. Compared to a year ago
Existing-home Sales Continue Climbing Read More
MHProNews has learned from dakotafinancialnews that the executive vice president of Universal Forest Products, Inc., (NASDAQ:UFPI) Robert D. Coleman, sold 2,500 shares of the company stock at an average price of $71.00 per share for a net value of $177,500. The transaction was dated Oct. 16, and Coleman now owns
Semi-annual Dividend at UFPI Rises, as Insider Sells Shares Read More
