Daily Business News reporter Matthew J. Silver proudly states his step-son and daughter-in-law, Jonathan and Ashley Brooks, have gained national attention and accolades for their new restaurant, Milktooth, in Indianapolis. Serving brunch six days a week, 7AM -3PM, each dish is prepared on the spot when ordered, using the freshest …
In the news from CNNMoney: Times Square billboard attacks $15 minimum wage. August was worst month for Dow in five years. Oil rises to nearly $50 a barrel. Walmart cutting employees hours at some stores. Fed says rise in interest rates in September still a possibility. Trucks are being repossessed …
MHCV, Tracked MH Stocks Relatively Quiet Following Wild Last Week Read More
Following a story that MHProNews last reported June 20, 2015 regarding UMH Properties, Inc.’s long-time plan to build either a manufactured or modular home community on 106 acres it owns in the Village of Coxsackie, New York, while UMH (NYSE:UMH) wants to move forward with the project, the village is …
UMH Properties Pushing to Develop Manufactured/Modular Home Community in New York Read More
MHProNews is conducting a survey of MH industry professionals to get your opinion of how current rulings, media portrayals of manufactured homes and communities, good and bad, affect sales, and how active do you think MH pros are in addressing political issues. Survey results received to date indicate a low …
MHProNews has learned from prnewswire that David M. Smith has joined Drew Industries, Inc. (NYSE:DW) as Chief Financial Officer (CFO), succeeding Joseph S. Giordano III, who held that position since 2008. Mr. Giordano will remain with the company temporarily to ensure a smooth transition. Mr. Smith, 52, has been Senior …
What’s New in public focused Manufactured HomeLivingNews.com Renters’ Nation: The Dark Side of Dodd-Frank and Its Impact on Affordable Housing Mary Zokoe talks Martin Motor Sports, Community Guidelines, More! Inside MH Road Show Video What’s New in Manufactured Housing Industry Professional News CFPB imposed appraisal rule on HPML loans one …
Sunday Morning Recap-Manufactured Housing Industry News Aug. 23-Aug. 30, 2015 Read More
While home values dropped drastically for most of the nation following the housing bubble, the oil-producing states posted housing gains. With crude oil trading at half the price of a year ago, according to nationalmortgagenews, New Mexico, North Dakota, Oklahoma, Wyoming and Alaska may see home prices fall six to …
In the news from CNNMoney: Consumer spending rose three-tenths of a percent in July. Hackers have stolen $1.2 billion from 7,000 businesses in two years. ATM fees rise again. China’s stock market has lost over $3 trillion in one month. Brazil falls into deep depression. Meanwhile, the Yahoo Manufactured Housing …
Ted C. Jones, chief economist and senior vice president for Stewart Title Guaranty Co. in Houston, says financing the buying and selling of houses will be much more difficult when the mortgage disclosure rules go in to effect Oct. 1, as newsok tells MHProNews. “We’re going to continue to have …
Title Company Head says Mortgage Disclosure Rules will Delay Home Sales Read More
In the news from CNNMoney: Oil rises ten percent. Donald Trump says tax the rich more. U. S. Gross Domestic Product rose 3.7 percent in 2nd quarter, stronger than expected. China’s lowered demand for copper hurting U. S. jobs. Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) lost -0.57 percent …
Near All Manufactured Housing Stocks Close Up; Dow Gains Strength Read More
Updating a story MHProNews published Jan. 16, 2015 regarding the city of Pearl, Mississippi’s attempt to prevent a manufactured home community (MHC) from refilling vacated sites with manufactured homes (MH), Madison-Rankin Circuit Judge John H. Emfinger ruled the city does not have that authority, saying the ordinance would destroy the …
Judge Rules Manufactured Home Community’s Right to Replace Homes Read More
Fourth quarter 2015 financial results for Skyline Corp (NYSE:SKY) indicate net sales from continuing operations increased eight percent over the same period last year, $49,605,000 over $46,040,000, resulting in a net loss of $149,000 versus a net loss the previous fiscal year Q4 of $1,672,000, according to prnewswire. The 2015 …
Skyline Corp. Reports Q4 and Fiscal Year 2015 Financials Read More
Residents of the 50 home site Fetherston Mobile Home Park in North Grenville, Ottawa, Canada were concerned in the late 1990s when they noticed sewage seeping out of the ground in their community, according to insideottawavalley. By 2001 the community was heading into bankruptcy, when the Ministry of the Environment …
Unique Wastewater Treatment System Solves Manufactured Home Community Problem Read More
Estimates released by the U. S. Census Bureau and the U. S. Department of Housing and Urban Development (HUD) indicate sales of new single-family homes in July rose 5.4 percent over June to a seasonally-adjusted annual rate (SAAR) of 507,000, besting June’s numbers of 481,000. The level is 25.8 percent …
In the news from CNNMoney: $2.1 trillion lost in U. S. stocks in six days. New York Fed says a September rate hike is less compelling. Dow skyrockets to 3rd highest gain ever. Donald Trump has news reporter Jorge Ramos removed from press conference, then allows him to return. Oil …
Manufactured Housing Stocks Close Up; Dow Regains Lost Ground Read More
Stephen D. Williamson, vice president of the St. Louis Federal Reserve, says the Fed’s quantitative easing policy of purchasing monthly debts to stimulate the economy following the Great Recession was not all that beneficial to economic improvement. He says the zero interest rates since 2008 have not promoted good inflation …
In the news from CNNMoney: Asia’s richest man, Wang Jianlin, has lost about $13 billion in Chinese stock crash. NRA sues Seattle over $25 gun tax. Oil prices fall below $39. Chinese government acts to stem the falling markets. Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) fell -2.35 percent …
Dow Continues Sliding; Manufactured Housing Stocks Close Mixed Read More
If Zad Roumaya has his way, the Cedars in south Dallas, Texas will be the site of a complex of 320 square-foot modular container homes in an area currently undergoing a transformation, according to dallasobserver. Once an area known for its stately Victorian homes, in the 1960s many of the …
Minimalist, Modular Container Homes Develop in Dallas Read More
According to the U. S. Census Bureau, home ownership fell to 63.4 percent in Q2, the lowest rate since 1967. Concurrently, renter-occupied units rose by two million from the previous year. MHProNews has been informed by bloomberg that BlackRock Inc., the world’s largest money manager, is jumping in to the …
Sherkston Shores manufactured home community (MHC) in Ontario, Canada is a 560-acre resort south of Niagara Falls owned by Carefree Communities, with 1,700 manufactured homes that owners occupy from May to October on the shores of Lake Erie. There are also 80 rental cottages and 40 rustic cabins as well …
Canadian Land Lease Community Offers Lake Erie Vacationing Read More
