Universal Forest Products, Inc. (UFPI) was recently listed as one of four homebuilder stocks to buy, according to Zacks Equity Research. This month, the National Association of Home Builders and Wells Fargo said the builder sentiment increased to 65 from a reported 59 in August. September’s 65 sentiment rating is …
Trent Williams loves UFPI – Zacks says Hold on! – plus Insider Trades… Read More
Continuing our periodic series of headline news from around the web and various left-right-center news sources, leading up to the November 8, 2016 vote for the next president of the United States. Save time here: grab your campaign news at a glance, pick the topics you want to know more …
The opposition has been steady, and at times, with intense emotions on the side of those who wanted to ‘just say no’ to the redevelopment of a city park into a new, affordable, manufactured home development. “To me, Ellis Granley Park was a huge, big space that had a lot …
Northern NIMBY? Controversy, but New Manufactured Home Development Gets OK’d Read More
Tiny house heat has spread to the small community of Vineyard, Utah, where a regulator is working on ways to keep up with this housing innovation and related demand. Located about 40 miles south of Salt Lake City, Vineyard is known for its rural feel, lakefront views and convenient location …
Tiny Houses on Planning and Development director’s radar Read More
Noteworthy headlines on CNNMoney: Janet Yellen fires back at Donald Trump – the Fed is not political! Does Warren Buffet have a new favorite bank? No rate hike from the Fed, dials back forecast. Star investor charged with insider trading. Some bullets from MarketWatch – Apple reportedly in talks to …
Big Day for UFPI, ELS – MHCV rises; No Fed Rate Hike, Dow Jumps too Read More
“I accept fully responsibility for all unethical sales practices,” Wells Fargo Chairman and CEO John Stumpf said in a prepared statement on Capitol Hill yesterday, testifying before the Senate Banking Committee. As millions have heard, 5,300 workers were fired and the company agreed to pay $185 million in fines to …
Wells Fargo and the CFPB – Who are Feds Working for – Consumers? Business? Itself? Read More
Prairie Gold Homes is helping build affordable housing options while giving inmates a chance to develop job skills all at the same time, reports Bruce Baker of the McCook Gazette. The Lincoln, Nebraska-based program teaches inmates how to build modular homes. So, while an inmate gains valuable job skills and …
Thousands are homeless in the storied city by the bay, and cardboard boxes are a clearly undesirable option. Developer Patrick Kennedy of Panoramic Interests has his sights set on developing inexpensive, modular supportive housing for the throngs of homeless, which he will then lease back to the city, according to …
According to the Daily Quint, analysts at Scotiabank has increased the price target for Killam Properties Inc. (TSE:KMP.UN) from C$13.00 to C$13.25 in a research note issued on Friday. The firm currently has a “Sector Perform” rating on the stock. In addition to Scotiabank, other research firms have commented on …
Scotiabank ups Killam Properties Price Target to C$13.25 Read More
MarketWatch’s bullets for today include: Stocks end flat ahead of Fed, BOJ decisions. Sen. Warren calls Wells Fargo CEO Stumpf ‘gutless’ for not resigning over scandal. George H.W. Bush will vote for Hillary Clinton, says report. CNNMoney’s bullet headlines for today include: Bubble or bargain? Tech stocks surge like late …
Cavco and Third Ave and US Markets Rise, but MHCV falls Read More
Booms in West Texas, North Dakota and the Marcellus regions due to oil and gas drilling may have tamped down for a time, but one (or more) of those may be bubbling back up. Shale Directories (SD) notes that, “Yes, $6.7 Billion in Spending Is Coming.” SD reports: multi-billion-dollar pipeline projects – …
It was a different era, but these words from a prior anti-establishment candidate come to mind in reading the top headline, linked below. “There’s not a dime’s worth of difference between the two major parties…” – but the addendum querry to that insight today might be, is there a dime’s …
Outed! Hillary’s Bush! 7 Weeks to November 8th Voting – Trump Surges to lead Read More
Following the lead reported in the Daily Business News of several large investors – including a huge international move in the MHC sector – Shinko Asset Management Co. Ltd. increased its position in Sun Communities Inc. (NYSE:SUI) by 14,305.3% during the second quarter, according to Shinko’s most recent 13F filing with …
Another International Company Buying into U.S. Manufactured Home Communities Read More
MarketWatch’s bullets and headlines for today include: More gas-price spikes on tap for southeastern states with pipeline shut. Central banks are buying lots of gold, so what do they know? A surprise Fed interest-rate hike this week can’t be ruled out. By this measure, China’s banking sector could implode within …
Cavco, Third Ave slide while UFPI, Sun & UMH lead gainers Read More
While millions watched the drama unfold on TV, residents throughout the state of Louisiana were dealing with historic rains and floods that would drastically impact their lives. Steve Duke, Louisiana Manufactured Housing Association (LMHA) Executive Director described it as an event of biblical proportions – “I was looking for the …
One Month Later… What’s Happening in Louisiana’s Post Flood Recovery? Read More
Rob and Andrea Cook of Powell, Wyoming had a plan. The Cook’s bought a 26,000 square foot property. Part of the plan in buying it was to create a 7,300 square foot lot for a pre-HUD Code mobile home, to be placed on a permanent foundation on their property in …
Cooks Avoid normal Zoning Flap over “Mobile Home” placement Read More
Elkhart, IN based Patrick Industries (NASDAQ: PATK), a provider, supplier and producer for manufactured housing, RVs and other industries, received the 2016 Indiana Public Company of the Year award at a banquet at the INVSESTIndiana Equity Conference in Indianapolis. Companies that were nominated were evaluated on their assets, revenue growth, …
CFO Josh Boone accepts award for Patrick Industries Read More
Between now and Election Day, Nov 8th, MHProNews will continue to bring busy professionals periodic ‘headline news items’ from various third party media sources, featuring at a glance issues in the race from other news sources. These will focus on issues that may influence voters, and thus the outcome of …
Countdown to Nov 8th – Election Coverage – Political, Economic Headline News Read More
This past week has underscored our theme of Superior September 2016 coverage of the news that matters for manufactured housing industry professionals, and all those who follow or are engaged in the factory-built home industry. The articles below will include numerous special reports from respected writers Joe Dyton and RC …
Sunday Morning Weekly Recap – Manufactured Housing Industry News Sept 11 to Sept 18, 2016 Read More
Businesses from coast to coast – including manufactured housing industry professionals – are keenly awaiting the outcome of the 2016 campaign. What was once considered a likely shift of the U.S. Senate from the GOP back to Democratic control now looks questionable, if recent public opinion polling holds. The House …
Hillary Clinton’s Abe Lincoln Moment? Mo-Trump; POTUS 2016 News & Analysis Read More
