“U.S. Manufacturing Hits Rough Spot in Possible Warning on Growth,” says Bloomberg, which also notes that “It’s Hard to Overstate How Quiet Stock Markets Are Right Now.” In the wake of their spectacular explosion on the launch pad, CNBC asks – “Why was Facebook launching a satellite?” The three main […]
AMG sliding, MHCV rising, Other Markets Close Mixed Read More
The S&P 500 snapped its 5 month winning streak today, says CNBC, with the energy sector down. Treasuries also retreated, following the ADP jobs report. A CNNMoney Op-Ed suggests that it is business that must lead the way to global recovery. UMH Properties (UMH) led gainers, in the manufactured housing
UMH leads, Manufactured Housing CompValue recovers, as broader Stocks close lower Read More
Bankers are nervous over the UK’s Brexit, says CNBC, and they’re jittery of the fallout of that event. Oil slides, reportedly over the strong dollar, but talk of a potential Clinton administration taxing fossil fuels even more is likely part of the mix. Gold is losing its luster with their
U.S. stocks are adjusting to an expected Federal Reserve rate hike, MarketWatch reports. CNBC, which was panned for its GOP primary debate moderation in 2015, is now playing the role of cheerleader for Hillary Clinton’s presidential hopes, saying Wall Street expects her to win over Trump in November. Trump ally,
Manufactured Housing CompValue slips, 3 Markets Rise, but Oil Retreats Read More
Redfin reported that so-called luxury home sales – defined as the top 5 percent of all housing on the market – were in retreat, in a report last May. On August 27, Tyler Durden’s ZeroHedge headline stated that “…Housing Markets In The Hamptons, Aspen And Miami Are All Crashing.” Reuters
Luxury U.S. Home sales Slumping, What Does it Mean for Manufactured Housing? Read More
The brakes are being tapped on stocks, as Fed Chair Janet Yellen has said that the odds of a rate hike have strengthened. Talk of negative rates, as well as two possible rate hikes this year are being floated. Oil, gold, the Dow and S&P 500 have all retreated, while
Deer Valley Homebuilders Leaps, Dow Dips, MHCV Slips Read More
Look beyond the argument that manufactured and modular homes benefit millions of moderate income households, and could benefit millions more. Is it also possible that the tiny house trend applied to modular units is the answer to homelessness in the U.S.? Eyewitness News Channel 7 in Los Angeles featured a
Tiny MODs Could be the Next Big Thing for Homeless Vets Read More
In today’s markets, the Dow Jones logged its lowest close in the past 3 weeks. The U.S. Dollar joined the herd of key indicators that are worried about the Fed’s Chair, Janet Yellen’s, upcoming speech. MarketWatch also reported that SEC fines 13 investment firms for advertising false performance claims, and
Cavco leads in Manufactured Housing, Broader Markets Continue to slide Read More
A recovery housing plan has been released by Louisiana Gov. John Bel Edwards, for displaced residents of the recent historic flooding in his state. It’s a three-pronged plan created by state officials to respond to the housing crisis caused by damage to southern Louisiana. The state is moving into the
New LA Recovery Plan Unveiled as Possible Storm Approaches, Industry Pros Mobilize Read More
The S&P 500 closed at its lowest level in two weeks. As news about struggles of insurers in ObamaCare exchanges continue and experience fallout, the health-care sector’s drag on U.S. stocks caused them to close at the lowest level since Aug.4. MarketWatch also reported that the U.S. Dollar is continuing
Skyline Climbs Upwards – Manufactured Housing CompValue Drops, along with broader Markets Read More
The Joliet City Council obtained ownership of Evergreen Terrace in a transfer of title that took place last week. Officially the title will go to Riverwalk Homes, a public-private partnership created by Holsten, a Chicago-based real estate development company, the HeraldNews reports. Nevertheless the city maintains controlling interests and will
The S&P 500 and Nasdaq close near records as housing data reports helped boost stocks. Treasury yields higher as investors wait for Fed Chair Yellen’s announcement on rates. MarketWatch also informs that the rise in new home sales fueled stocks to book modest gains. Daily Business News Market Tracker The Dow
Skyline Leads, Housing Data and New Home Sales Push Stocks Read More
According to indiancountrytodaymedianetwork, the 2015 Home Mortgage Disclosure Act reveals Quicken Loans of Michigan has replaced Wells Fargo Bank as the top lender to Native Americans with $283 million in lending. San Francisco-based Wells slipped to second place with $276 million in lending, while Mid America Mortgage of Addison, Texas
Native Americans Rack up $1.7 Billion in Mortgages as of Aug. 11 Read More
The Dow and the S&P 500 end lower as oil’s recent winning streak come to a close. Nasdaq closes up, while Treasury yields drift lower. MarketWatch also reports that CFPB fines Wells Fargo $4 million for deceptive student loans. Daily Business News Market Tracker: The Dow Jones Industrial Average dropped
Broader Markets Tumble as MHCV Inches Up, Led by UFPI Read More
What’s New in public focused Manufactured HomeLivingNews.com Tiny Houses Owners face Big Legal Trouble? What’s New in Manufactured Housing Industry Professional News Financial Services Committee says Dodd-Frank is damaging. YES! Communities redistributes assets. Private enterprise ready to supply modular buildings to flooded LA. MHI, MHARR spar with DOE, as MHI
Sunday Morning Recap-Manufactured Housing Industry News Aug. 14-Aug. 21, 2016 Read More
The main three U.S. stocks markets closed lower as investors worry over the Fed’s approaching rate decision. The Dow and S&P register weekly losses, as Nasdaq logs 8th weekly gain in a row, per MarketWatch. Meanwhile, oil prices stampeded toward bull-market territory, as geo-political instability may be fueling a rise in
Skyline Leads Manufactured Housing Sector Amidst MHCV and Broader Market Tumble Read More
Updating a post MHProNews published Aug. 17, 2016 about the flooding in Louisiana that has cost 12 lives and damaged some 40,000 homes resulting in 70,000 registrations for assistance, U. S. Rep. Cedric Richmond (D-LA) avows there will not be the red tape and bungled missteps that plagued residents in
70,000 Claims for Assistance Filed Following Louisiana Flooding Read More
“It’s the Fed’s conundrum,” said Diane Swonk, CEO of DS Economics, per CNBC. “The markets are pricing in easing infinity. If they raise rates, they could destabilize the markets. If they don’t raise rates, they’re feeding a bubble. It’s a hard place to be in,” she said. Barclays’ chief U.S.
Drew, Manufactured Housing CompValue and Dow rises – Is Fed Easing to Infinity? Read More
The Sicamous District Council in southeastern British Columbia, Canada, has voted to allow manufactured homes (MH) in a single-family residential zoned area, as eaglevalleynews informs MHProNews. Concerns of neighbors that their property would be devalued by these MH that do not require a foundation or crawl space failed to convince
Canadian City Allows Manufactured Homes in Area Zoned Single-family Residential Read More
The Federal Emergency Management Agency (FEMA) will begin determining how it may address the thousands of people who have been flooded out of their homes, according to theadvocate. With 20 parishes having been included in the federal disaster declaration, 40,000 homes have been damaged in the rising tide of floodwaters
FEMA’s Manufactured Home Units Likely Heading to Louisiana Read More
