Volatility Returns, Dow Crawls Back

8.28.2013-cnn-money-credit-daily-business-news-manufactured-housnig-pro-news-_001CNN Money tells MHProNews that volatility is back in the market for the foreseeable future. Potential good news abounds, such as the revelation that Chinese made Google Moto X smartphone could be made in the U.S., not for $50 or $100 more per phone, but for a mere $ 3.50 to $4.00 more per phone each. A good reason to build domestically. But the uncertainties reviewed in yesterday’s market report are keeping investors on edge. The Yahoo! Finance Manufactured Housing Composite Value closed at 1869.2, +0.51%. Affiliated Managers Group, Inc., (NYSE: AMG) 174.21, +1.57, (0.91%). Berkshire Hathaway Inc. parent to Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers (NYSE: BRK.A), 168585.50, +1235.50 (0.74%). Cavco Industries, Inc., (NASDAQ: CVCO), 52.93-1.08‎ (-2.00%‎). Deer Valley, Liberty Homes and Nobility Homes all remained unchanged. Drew Industries, Inc. (NYSE: DW), 42.19, +1.63 (4.02%). Equity Lifestyle Properties, Inc. (NYSE: ELS) 35.25, -0.70 (-1.95%). Louisiana-Pacific Corporation (NYSE: LPX) 14.91, +0.16 (1.08%). Patrick Industries, Inc., (NASDAQ: PATK) 26.77, +0.17‎ (0.64%‎). Skyline Corporation, (NYSE: SKY) 4.71, +0.03 (0.64%). Third Avenue Value Fund (MUTF: TAVFX as of Aug 27, 2013) 54.98, -0.95 (-1.70%). UMH Properties, Inc. (NYSE: UMH) 9.65, -0.04, (-0.41%). Universal Forest Products, Inc., (NASDAQ: UFPI) 37.53, +0.02, (0.05%). ##

(Image credit: CNN Money)

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