In the news from CNNMoney: Car rental companies must repair recalled cars. 36,000 striking Verizon workers may affect monthly jobs report. Saudi Arabia invests $3.5 billion in Uber as it diversifies away from oil. Among some of the harshest critics of Trump University were people who once worked there. Jeff …
A longtime builder of surfboards in Australia, Nev Hyman became increasingly concerned about plastic waste he saw in the ocean, which led him to consider building inexpensive housing from recycled materials, as mashable informs MHProNews. Initially, he wanted to build homes using plastics, so he invested in a plastics recycling …
From Surfboard Builder to Sustainable Home Builder Read More
In a letter to the city of Maple Ridge, British Columbia, Canada, B. C. Housing requested a second extension, this one for nine-months, to continue using the temporary housing shelter on Lougheed Highway, which would allow more time to prepare a more permanent modular housing facility, according to mapleridgenews. The …
Modular Homeless Shelter Planned for British Columbia Read More
Following a story MHProNews last posted May 11, 2016 regarding the sudden end of operations for Innovative Building Systems (IBS) and the fall out that closed Excel Homes, and Mod-U-Kraf Homes in Rocky Mount, VA, roanoke reports the Franklin Center in Rocky Mount held a support and job-seeking gathering for …
Employment Services Offered to Former Mod-U-Kraf Workers Read More
Fans of 1970s TV shows may recall that James Garner played a private eye named Jim Rockford in The Rockford Files, and he lived in a pre-HUD Code home sited on a deserted parking lot in Paradise Cove with a view of the Malibu coastline. The deserted parking lot with …
In the news from CNNMoney: The three major indices all end up for the month of May. Glenn Beck suspended by Sirius XM because a guest intimated Donald Trump might be assassinated should he become president. Walmart criticized over factory conditions in Asia. Saudi Arabia seeks to borrow $15 billion. …
Drew Industries, Inc. (NYSE:DW) stock hit a new 52-week high Fri., May 27, $77.31, 44 cents shy of a ten dollar bill increase over the 50-day moving average of $67.63, and finally closing at $77.19. Brokerage analysts at Citigroup on May 20 issued a “buy” rating for the stock and …
Drew Hits New Stock High; Equity LifeStyle Properties Declares Dividend Read More
Steve Sinovic, writing in abqjournal, says sales of manufactured home sales are up, a popular and affordable housing choice for New Mexicans, some eighteen percent of whom live in manufactured housing. However, financing costs are being driven up by the Consumer Financial Protection Bureau (CFPB) implementation of the Dodd-Frank law. Additionally, …
Dodd-Frank Act Remains a Stumbling Block to Manufactured Home Lending Read More
All U. S. stock markets are close today in observance of Memorial Day, the day to honor all U.S. military personnel. For an editorial reflection on Memorial day, click here. ## (Photo credit: history) Article submitted by Matthew J Silver to Daily Business News-MHProNews.
Mark Duran, executive director of the New Mexico Manufactured Housing Association, stated the resurgence in appeal of the manufactured home (MH) stems from the desire of home ownership, built-in amenities and lower cost, and today’s buyers range from the starter home set to the well-being who have often cashed out …
In an attempt to revitalize Minneapolis’ North Side which is plagued with crime, high unemployment and boarded-up housing, the largest black-owned business in Minnesota is moving its headquarters to the area. It intends to establish a new company that will sell and site modular homes as infill for some of …
Minority-owned Builder Plans Modular Homes as Infill in Minneapolis Read More
What’s New in public focused Manufactured HomeLivingNews.com NeighborWorks, Clayton Homes Partner with Next Step Homes in Waco, Texas How a Professional Couple saved $100,000 on a New Home in Tennessee What’s New in Manufactured Housing Industry Professional News MH Communities closing in Minnesota, New York. Cavco stock closes above $100. …
Sunday Morning Recap-Manufactured Housing Industry News May 22-May 29, 2016 Read More
Shady Oaks Mobile Home Park in St. Cloud, Minnesota will close in August, 2016, and Le Sauk Township will enlist the assistance of Wilson Development Services to help with relocation efforts for the residents, according to sctimes. The state requires communities that are closing to give residents a nine-month notice, …
Minnesota MH Community Closing, Consultant Helping with Relocation Read More
In the news from CNNMoney: Verizon reaches deal with 36,000 striking workers. Fed Chair Janet Yellen says rate hike will be appropriate soon. Twenty-three percent of U. S. homes have two refrigerators. French gasoline shortages fueling interest in electric cars. Trump’s Energy Plan: Regulate less, drill more. U. S. economic …
According to streetinsider, Drew Industries, Inc. (NYSE:DW) has declared a quarterly dividend of $0.30 per share, or $1.20 annually. To stockholders of record on June 6, 2016 the dividend will be payable June 17, 2016. The ex-dividend is set for June 2, 2012. Annual yield on the dividend is 1.6 …
Pending home sales rose for the third consecutive month in April, this time hitting the highest level since Feb. 2006, as 12newsnow reports to MHProNews. The National Association of Realtors (NAR) said its seasonally adjusted pending home sales index billowed 5.1 percent in April to 116.3, just shy of the …
New Home Sales Spike; Pending and Existing Home Sales also Rise Read More
Harking back to a post MHProNews published Feb. 23, 2016 regarding Wyoming Homes owner David Valenti pleading guilty to 19 counts of theft for not delivering modular homes for which he had been paid, he has now pleaded guilty to 21 counts of theft, alleging he stole over $240,000 from …
Modular Home Dealer Ordered to Jail on 21 Theft Charges Read More
Netols Asset Management, after selling 4,064 shares of Sun Communities, Inc., reduced its stake in Sun Communities Inc., (NYSE:SUI) to 142,175 shares valued at $10.1 million, as themarketdigest informs MHProNews. Hedge fund Daiwa Securities Group added 447,536 shares of Sun to its portfolio and currently has a stake valued at …
Investors Alter Stakes in Sun Communities and Patrick Industries Read More
In the news from CNNMoney: Abercrombie’s stock falls 16 percent after admitting fewer shoppers are coming to its stores. McDonald’s raided by French police after tax probe. Signet Jewelers—Zales, Jared, Kay, and Piercing Pagoda—reported disappointing sales, stock fell ten percent. Pittsburgh Steelers using a robot to reduce injuries during practice. …
Skyline Advances the most on Otherwise Quiet Trading Day Read More
MHProNews posted a story May 25, 2016 regarding the Waples Mobile Home Park in Fairfax, VA being charged with violation of federal and state fair housing laws for evicting residents who do not have Social Security cards, which a legal aid group says is discriminatory because it disproportionately affects Latinos. …
Lawsuit Charges Eviction from MH Community is Discriminatory Read More
