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 Ticker Report tells MHProNews that Equity Lifestyle Properties (NYSE:ELS) reached a new 52-week high during trading on Thursday. The company traded as high as $56.57 and last traded at $55.70, with a volume of 104,135 shares changing hands. The stock had previously closed at $56.30. Several analysts have recently commented on […]
Equity Lifestyle Properties (ELS) Reaches New 1-Year High at $56 Read More
In an effort to revitalize an inner city neighborhood in Hutchinson, Kansas, Interfaith Housing Services has been wanting to build new homes on vacant lots there. Unfortunately, the group discovered that building new homes in already established residential areas was limited because new houses built in older neighborhoods typically will
Champion Homes May Build 30+ Modular Homes in Hutchinson, Kansas Read More
The Manufactured Housing Composite Values went up 3.42%. Leaders in MHCV tracked stocks were SKY 9.17% and CVCO 5.22%. Marketwatch tells MHProNews that crude-oil futures rallied Friday, obtaining their first weekly gain in eight weeks as the International Energy Agency said collapsing crude prices would cut into supply growth from
Although Mississippi Governor Phil Bryant declared October as “Manufactured Home Month” and noted that factory-built dwellings provide housing for 507,000 Mississippians, this may soon be a thing of the past in Pearl, Mississippi, a town of 25,000. The Mississippi Business Journal tells MHProNews that Mayor Brad Rogers and City Attorney
Proposed New Ordinances in Mississippi Town Threaten Manufactured Home Communities Read More
Leave it to the Japanese to design a modular home that offers a lot of comfort and style in a minimalist environment. Challenged by a population density larger than many other nations for the land mass their country occupies, Japanese builders and architects always seem to be coming up with
Japanese Prefabs Offer Solutions to High Costs and Limited Land Read More
How many people would leave a two-story home in an upscale community to live in a manufactured home community where most of the residents are living near, or below, the poverty line? That’s just what one family in Corcoran, Minnesota, did. Jill and Brian Dejewski, felt that God was calling
Family Leaves Suburbs to Help Residents of Manufactured Home Community Read More
Overall, MHCValue went down 5.55%. Among our tracked MH connected stocks the exception was KMP, which experienced a .28% increase. Marketwatch tells MHProNews that crude-oil futures settled sharply lower Thursday, erasing a surge higher that followed the Swiss National Bank’s decision to scrap a cap on its currency, as the
Manufactured Housing Composite Value and Dow continue Decline Read More
Skyline Homes, Inc. (SKY), Elkhart, Indiana, reports a 27% increase in their net sales in the second quarter of fiscal 2015. This represents net sales from continuing operations of $49,667,000, compared to net sales of $39,208,000 from continuing operations in the year ago quarter. During the second quarter, Skyline completed the sale of
Skyline Homes Reports a Profit in Fiscal Second Quarter 2015 Read More
There is some good news on the horizon for the housing industry as many experts and economists expect an expanding market for 2015. Most housing analysts are predicting substantial growth in housing activity in 2015 — much more than has been experienced during the past year. The Daily Journal tells MHProNews that
Wells Fargo – A Whole New Ball Game for Housing in 2015 Read More
Manufactured Home Community (MHC) owner, Hall of Famer and MMHF Chairman Ron Thomas Sr. says there is a hunger in the ranks of MHPros for knowledge. Over two thousand attendees of the Louisville Manufactured Housing Show in 2014 must agree. The pre-registrations for the 2015 Show are running ahead of
The Manufactured Housing Association for Regulatory Reform (MHARR) announced that on February 11, the MHCC General Subcommittee will conduct a conference call meeting to follow-up on decisions made by the full MHCC last December to address “multi-family aspects of manufactured housing.” This comes in response to a guidance memorandum issued by
MHARR To Consider HUD Limitations on Multi-Family Manufactured Housing Read More
It was a good Christmas for residents of West Wind Estates in Rochester, New Hampshire, because on Christmas Eve they closed on the purchase of their 129-space community. This became New Hampshire’s 111th resident-owned manufactured home community and Rochester’s ninth. That’s an impressive number of resident-owned communities for such a
West Wind Estates residents purchase their community Read More
Most of the tracked manufactured housing connected stocks experienced a slight loss. ELS, DW and LPX went up slightly. On the Dow, a late-afternoon rally, triggered by a rebound in beaten-down oil prices, was not enough to lift U.S. stocks out of negative territory on Wednesday. The key benchmarks closed
Manufactured Housing Composite Value and DOW both dip again Read More
When looking for wise investments, manufactured housing stocks and funds that include MH companies are at times a good choice. Seeking Alpha tells MHProNews that Clayton Homes’ parent company, Berkshire Hathaway, is still 14% undervalued relative to its fair intrinsic value and that the fund generates solid profit growth. Berkshire’s
Clayton Homes’ Parent Company, Berkshire Hathaway, Touted As Good Investment Read More
Given the positive impact of shale production on new manufactured housing, modular and workforce housing shipments, MHProNews has been tracking for some time expert commentary on the topic. As oil’s long slide continued, the U.S. Energy Department predicted that production from U.S. shale operators will begin to decline in the
Shale Drilling Slowdown Predicted Read More
In the manufactured housing market, nearly all stocks declined, with the MHCV going down 2.15%. Skyline was the exception and its stock went up 3.08%. USA Today tells MHProNews the Dow ended a bit in the red Tuesday after a wild, 400-point swing, indicating just how volatile the stock market
Manufactured Housing Stocks and DOW Both Decline Today Read More
SearchCore, Inc. (OTCQB: SRER), a manufactured housing retail center owner and operator with retail centers through its wholly owned subsidiary, Wisdom Homes Of America, Inc., announced a year-end business update for the 2014 fiscal year. GlobeNewswire tells MHProNews that the publicly-traded company’s accomplishments in 2014 include: Opening four new Manufactured
SearchCore – Wisdom Homes Announce Results Read More
Although the 2016 election will not occur until November of that year, the race is already heating up. Candidates are coming out of the woodwork and jockeying for their position in the race. Which ones would benefit the manufactured housing industry the most? Below are some possible candidates: Republicans Jeb
The 2016 Presidential Race heats up early Read More
Manufactured housing pros often hear about the ties between selling homes and a robust job market. According to the U.S. Bureau of Labor Statistics, employers added 252,000 jobs in December and the unemployment rate dropped to 5.6 percent. They also say that last year saw total gains of 2.95 million
The “Official” Unemployment Rate vs. The Real Unemployment Rate Read More
Although modular construction is not new, it’s only been in recent years that a fascination and appreciation for modular has increasingly hit the mainstream. After World War II, the low cost and high efficiency of prefab construction appealed to architects who were building schools, hospitals, and government buildings. Today’s building professionals are
Cracking the Code – Modular Skyscraper 32 Floors of snap-together Prefab units Read More
