Noteworthy headlines on – CNNMoney – Dow soars 300 points, zooms past 21,000. Wells Fargo strips CEO and 7 top execs of 2016 bonuses. McDonald’s to launch ordering app, expand delivery. Kay and Jared jewelry chains face discrimination allegations. Some bullets from Fox Business – Dow’s latest 1K-point advance ties …
UFPI Soars, Manufactured Housing CV UP, Broader Markets Hit New Records Read More
In Carbon Hill, Alabama this week, the City Council heard about a possible plan from developers to use a couple of old manufactured home plant facilities to make small-sized homes, aka “tiny houses.” Charles Phillips, his son, Charles T. Phillips, and Jim Clark spoke to the council about their plans. …
The report is in from the National Association of Realtors (NAR). According to Housing Wire, insufficient supply levels and contract activity in the West and Midwest decreased, bringing down pending home sales to their lowest level in a year. The Pending Home Sales Index is a “forward looking indicator,” based …
The Washington County, Maryland Board of Commissioners is holding a public hearing today regarding several proposed changes to the county’s zoning ordinance, including ones that affect manufactured homes. According to the Herald-Mail Media, zoning amendments are proposed to the 1973 ordinance from time to time due to changing times and …
Washington, D.C., February 28, 2017 – The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews that Executive Orders issued by President Trump within the past thirty days provide an unprecedented opportunity for the federally-regulated manufactured housing industry and American consumers who rely upon manufactured homes. The orders, says MHARR, …
MHARR: President Trump’s Actions Offer Major Opportunity for MH Industry and Consumers Read More
Noteworthy headlines on – CNNMoney – What Wall Street wants to hear from Trump. Bidding war over Obamas’ book deal. NY Fed president: “Animal spirits have been unleashed.” Shamed retail baron pays $450M to protect pensions. Some bullets from Fox Business – Dow halts record run, February was still mighty …
TCN Up, Manufactured Housing CV, Broader Markets Down Read More
With mortgage rates now beginning to move, those in the market felt the first effects of rising rates in December. According to Housing Wire, information from First American Financial Corp., a provider of title insurance, settlement services and risk solutions for real estate transactions, shows that the company’s price index …
Some interesting tips regarding mortgage down payments have come from one of the most famous places in New Mexico. According to the Taos News, the median down payment for first-time home buyers has been six percent for three straight years. And in the National Association of Realtors’ (NAR) “aspiring home buyer …
When the “Oracle of Omaha” speaks, people listen. Actually, millions of people listen. On February 25th, Warren Buffett delivered his annual letter to shareholders. In his letter, the manufactured housing industry was front and center, as Buffett discussed Clayton Homes. “Clayton and Berkshire have been a wonderful partnership,” wrote Buffett. …
The Report, Warren Buffett, Kevin Clayton and Clayton Homes Read More
Residents in Fairfield, Connecticut are being treated to quite an event. According to News 12, construction crews are assembling a multimillion-dollar modular home in town on North Benson Road. The home is so large, with 18 sections, that each of them was brought in and dropped into place by a crane. …
Noteworthy headlines on – CNNMoney – Trump promises insurers a “fantastic plan.” Buffett: Market not in a bubble, still looks “cheap.” Trump meeting with regional media outlets. Tesla gets downgraded to “sell” by Goldman Sachs. Some bullets from Fox Business – Dow, S&P 500 close at record as Trump talks …
Skyline Soars, Manufactured Housing CV, Broader Markets Up Read More
Manufactured home communities are often “lightning bolts” when it comes to news. In the instance of the Sunny Acres Mobile Home Park in Tampa, Florida, it’s literal. According to WFLA, a high voltage, electric underground cable is lying above ground, on the sidewalk in the community, and it’s been there …
Usually, the addition of a new home to a neighborhood is greeted as something good, viewed as a benefit to the others as it could increase property values. That’s not the case in Shreveport, Louisiana. A manufactured home in the city’s Highland neighborhood is getting some attention from upset residents. …
The Louisiana floods of 2016 devastated Baton Rouge, and left many without homes. It also left more questions than answers in the response from the Federal Emergency Management Agency (FEMA). And now, one member of Congress is demanding answers, including why 84-year-old Baton Rouge resident Everett Wilson died in his …
As we wrap up the month of February, our featured articles are on the MHProNews.com home page. This month’s theme? Frank, Frustrations and Free Enterprise February in MHLand, 2017. To see the line-up of over 3-dozen featured articles for this month, along with the headline commentary, please click the link …
Sun Communities, Inc. (SUI) has reported its Q4 2016 earning results. Total revenues for the quarter increased $50.4 million, or 30.0 percent, to $218.6 million compared to $168.2 million for the same period in 2015. Net loss attributable to Common Stockholders was $1.6 million, or $0.02 per diluted common share, …
Elkhart, Indiana-based Skyline Corp. (NYSE: SKY) announced in an 8-K filing with the SEC last week that it plans to suspend operations at its manufactured housing facility in Mansfield, Texas. “The suspension is due to the plant being unable to profitably operate since it was converted from producing recreational vehicles …
Noteworthy headlines on – CNNMoney – CNN and other media barred from press briefing. New York Republicans’ alternative to “tuition-free” college. What young conservatives think of the media. Democrats fear recession, Republicans see a boom. Some bullets from Fox Business – Trump orders federal agencies to identify unnecessary regulations. Nigel …
ELS, Manufactured Housing CV Up, Broader Markets Gain Read More
Sam Zell, a name familiar to the manufactured housing industry, spoke to TheStreet recently at a conference in Boca Raton, Florida, about the “staggering economic opportunity” for the U.S. under President Donald Trump. “Trump’s vow to cut government regulation could lead to one trillion of (economic) stimulus without spending anything, …
In Corpus Christi, Texas, Andy Taubman has once again presented manufactured housing as an affordable solution to an ongoing challenge for the city. Taubman, former chairman of the Streets Committee, believes that using manufactured homes as infill is viable, and has proposed the solution to the city council on two …
