The Dow moved higher Friday and logged its best quarterly gain in almost 14 years. For the quarter, the Dow jumped 8.14 percent, the S&P 500 surged 12.00 percent, and the Nasdaq soared 18.67 percent. The Yahoo Finance Manufactured Housing Composite Index also gained three quarters of a percent. Manufactured …
From Delaware and the Cape Gazette comes news that residents of manufactured homes there are looking forward to a second chance on a bill regarding rent justification. Written in conjunction with the National Consumer Law Center, the article notes the bill would force manufactured home park owners to justify rent …
It is with regret that we report Stephen W. Esslinger, a long standing Community Owner passed on March 23, 2012. Esslinger took over a South Orange County community in 1987, then owned by his grandparents’ trust, and built it into one of the most desireable communities along the California coast. …
While many manufactured and mobile homes are damaged or destroyed each year by tornadoes, many site-built houses are also destroyed. The truth is few structures can withstand the direct impact from a tornado. With that in mind the Insurance Institute for Business Safety (IBHS) has issued a Manufactured Home Inspection …
Insurance Group Publishes Manufactured Housing Tornado Checklist Read More
From Housingwire and Corelogic comes a report on the foreclosure rate, which a new report says, is holding steady. The Corelogic report found there was 862,000 foreclosures in the 12 months ending in February. Some 3.4 million homes have been foreclosed since the financial crisis began in 2008. More than …
Stocks spent most of the day in the red, but the Dow managed to log a small gain by the closing bell. Manufactured Housing stocks, however saw no such turn-a-round and lost much of what they gained Wednesday. The Yahoo Finance Manufactured Housing Composite Value closed down 2.4 percent. Stocks …
Turning 50 today is Michele Middleton of the Louisville Manufactured Housing Show. Michele started working with Dennis Hill as his Show On-Site Assistant at the last Nashville show in March 1998 and continues today as he produces the Louisville, Kentucky, and Tunica, Mississippi . Michele says she has celebrated many …
From North Dakota and KXTNews comes a story about the demand for manufactured housing in the oil-boom state. Soon after new homes arrive on sales lots, they leave for site placement. The sales manager for one business told the reporter sales have tripled in the past year, most destined for …
Manufactured Home Demand Continues in Western North Dakota Read More
From DelmarvaNow.com and Virginia, MHProNews.com learns that homes conceived there are finding welcome occupants in Haiti. Known as the Shelter 2.0 project three 10-by-14 foot wooden shelters were recently assembled in three days, using only a wrench and a cordless drill. The third was assembled in just five hours, including …
Easily Assembled, Low-Cost Shelters Aimed at Disaster Relief Read More
From Arkansas and the North Little Rock Times, MHProNews.com learns that The North Little Rock City Council voted unanimously Monday to send back to the city Planning Commission a proposal to pass zoning requirements that would have limited the placement of manufactured homes. Had the requirements passed, most neighborhoods in …
Stocks closed lower Wednesday following a decline in energy prices, but the Yahoo Finance Manufactured Housing Composite Index ended the day nearly three percent higher. Individual stocks that logged gains include Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire …
Calgary-based Black Diamond Group Limited announced recently the company will webcast its 2012 Annual Meeting of Shareholders. The meeting will be held at 3:00 p.m. MDT on Wednesday, May 2, 2012 in the Devonian Room at the Calgary Petroleum Club at 319-5 Avenue S.W., Calgary, AB T2P 0L6. Those shareholders …
From FoxNews Boston, MHProNews.com learns that Massachusetts is cracking down on modular home builders and inspectors. That’s in light of previous stories on the network that the network says exposed flaws in state oversight of the industry. FOX told the story of Ron and Phyllis Chasse who bought a modular …
Massachusetts Tightening Modular Inspection Requirements Read More
Stocks ended the week higher and the Yahoo Finance Manufactured Housing Composite Index gained nearly three percent. The gain was recorded in energy stocks which offset a report showing purchases of new homes unexpectedly fell. Stocks related to the manufactured housing industry that ended the week on the upside include …
From San Jose and the Mercury News, MHProNews.com learns that the city council is reviewing the conversion process of manufactured housing communities to other uses to “better prepare for the possibility in the future.” According to the report, five mobile home parks have closed since the original conversion ordinance was …
From New Zealand and Hawke’s Bay Today, MHProNews.com learns that Pacific Wood Products (PWP) will close a plant in Napier and comes with the loss of 41 jobs. “The business has struggled to maintain financial viability, given the current conditions of low demand for its products,” a statement read. the …
From Housingwire, the Dallas Morning News and other sources, MHProNews.com learns that a recent report from the Commerce Department shows sales of new homes took another tumble. New home sales were down 1.6 percent in February. If you’re a cup is half full kind of person, you might also note …
From Alabama and the Birmingham News, MHProNews.com learns that the Alabama House of Representatives recently approved legislation that exempts some storm shelters from new oversight by the state agency that regulates mobile homes. According to the report, the House voted 86-5 on the measure. Estimates say the new regulations were …
Alabama House Votes to Exempt Storm Shelters from Regulations Read More
Stocks closed modestly lower Wednesday and the Yahoo Finance Manufactured Housing Composite Index remained unchanged. Those closing higher included Affiliated Managers Group, up .60 cents (.54 percent) to $112.19; Equity Lifestyle Properties, up .09 cents (.13 percent) to $69.14; Patrick Industries, up .41 cents (3.98 percent, making it the day’s …
February existing-home sales declined from an upwardly revised January pace but are well above a year ago, while the median price posted a slight gain, according to the National Association of Realtors. Sales were up in the Midwest and South, offset by declines in the Northeast and West. Total existing-home …
