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Strong Finish For The Markets – Sky Corp. Has Big Day – Wells Fargo Illegally Seized Soldier’s Car China Cutting Off Cash To Venezuela – Does Deutsche Bank Need A Bailout?

Noteworthy headlines on CNNMoney – FUBU CEO Stop and Frisked “Maybe 20 Times. U.S.: Wells Fargo Mistreated Military Members. WSJ Columnist Calls Trump “Unstable.” Why The Federal Reserve Isn’t Political. From WSJ: Ghost of Lehman Brothers Haunts Deutsche Bank. Some bullets from MarketWatch – ‘Housing party’ in the U.S. may be coming …

Strong Finish For The Markets – Sky Corp. Has Big Day – Wells Fargo Illegally Seized Soldier’s Car China Cutting Off Cash To Venezuela – Does Deutsche Bank Need A Bailout? Read More

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Millennials Need Affordable Housing, but “Trailer Park Boys” stigma slows Manufactured Home Acceptance

Home prices in the Vancouver, British Columbia (B.C.) metro are expensive. The average price for a detached home in the Fraser Valley, for example, is $900,000. A typical condominium can set you back $248,000. Compare that to the typical manufactured home in B.C., which sells for around $80,000. According to …

Millennials Need Affordable Housing, but “Trailer Park Boys” stigma slows Manufactured Home Acceptance Read More

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Boulder City Planning Commission Approves Rezoning Of Mobile Home Park

Plans to transform what the Boulder City Review called a “blighted mobile home park” (sic) into townhouses came before the city’s planning commission. The plan to transition the Boulder City Mobile Home Park into a townhome community were unanimously approved by the town’s commission on September 21st, with Chairman Jim …

Boulder City Planning Commission Approves Rezoning Of Mobile Home Park Read More

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Wells Fargo Chairman/CEO Grilled, Buffett speaking out, All Markets Down

Wells Fargo’s CEO, John G. Stumpf, has been called by Warren Buffett about recent events, according to Fox Business. Noteworthy headlines on CNNMoney – Wells Fargo worker retaliation claims rile up Congress. Lawmakers: Wells Fargo a ‘criminal enterprise’ like Enron. U.S. warns Samsung washing machine owners after explosion reports. The worker …

Wells Fargo Chairman/CEO Grilled, Buffett speaking out, All Markets Down Read More

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Manufactured Home Community grabs positive media via New Clubhouse Construction

Work started this month on a new clubhouse and community center for Sterling Estates, a manufactured home community in Adrian Michigan, 72 miles southwest of Detroit. “We had a need for this, so it’s good to see work on it finally begin,” said Sterling Estates owner, Germano Mularoni. “This was …

Manufactured Home Community grabs positive media via New Clubhouse Construction Read More

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Equity LifeStyle Properties Investor Management Fund, Dividend Updates

Equity Lifestyle Properties, Inc. (NYSE:ELS) is expected to pay a $0.43 dividend on Oct 14, 2016. ELS shareholders owning stock before Sep 28, 2016 will be eligible to receive the payout. Based on Equity Lifestyle Properties, Inc.’s current price of $79.70, the dividend is 0.53%. The indicated annual dividend is …

Equity LifeStyle Properties Investor Management Fund, Dividend Updates Read More

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Community Owners, Residents Clash over Measure V

A full-blown battle over rent control is on in Humboldt County, CA, reports the Lost Coast Outpost’s Ryan Burns. The Humboldt Mobilehome Owner Coalition established a ballot measure, Measure V, that would regulate rent hikes on manufactured home land-lease sites. It aims to prevent a community’s owners from making what …

Community Owners, Residents Clash over Measure V Read More

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Markets Rise Again – OPEC Agrees To Production Cuts, Oil Prices Surge – Senate Overrides Obama Veto – CA Punishes Wells Fargo with Sweeping Sanctions

Noteworthy headlines on CNNMoney – CA Punishes Wells Fargo with Sweeping Sanctions. OPEC Cuts Production, Oil Surges – 35% of Student Loan Defaults From For-Profit College Students. Some bullets from MarketWatch – City-by-city look as house-price gains slow. White House calls Congress veto of 9/11 bill ’embarrassing’. China’s richest man warns of …

Markets Rise Again – OPEC Agrees To Production Cuts, Oil Prices Surge – Senate Overrides Obama Veto – CA Punishes Wells Fargo with Sweeping Sanctions Read More

Battle Over Community Owner’s Rights vs. Resident’s Rights highlighted in St. Anthony case

Residents of the Lowry Grove community in the Minneapolis, MN suburb of St. Anthony lost their bid to block the sale of the property, according to a ruling by a Hennepin County Judge. “We continue working together to save Lowry Grove. We will organize more action,” said Antonia Alvarez, president …

Battle Over Community Owner’s Rights vs. Resident’s Rights highlighted in St. Anthony case Read More

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Patrick Industries, Drew Industries Announce Executive Moves

Patrick Industries (NASDAQ: PATK) and Drew Industries (NYSE: DW)  – both based in Elkhart, Indiana- made executive level moves today. Patrick announced, effective immediately, Jeffrey M. Rodino, Executive Vice President of Sales and Chief Operating Officer, assumes the newly created position of Executive Vice President of Sales and Chief Sales …

Patrick Industries, Drew Industries Announce Executive Moves Read More

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Market Rebounds, Manufactured Home Index Down, But Drew and Patrick Up On Executive Moves

Noteworthy headlines on CNNMoney – Debate most watched in history. Fed under attack, but still profitable for taxpayers. U.S. probes Wells Fargo whistle blower complaints. Some bullets from MarketWatch – Congress deadlocked over funding bill as government shutdown looms. Chesapeake Energy’s stock plunges as Carl Icahn loses interest. Nike stock down 4%. …

Market Rebounds, Manufactured Home Index Down, But Drew and Patrick Up On Executive Moves Read More

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Emerging Mainstream News Trend? Are Positive Manufactured Home Reports Increasing?

As the U.S. population rises, the steady growth of the mainstream housing market probably comes as a surprise to few. What may come as a surprise to veteran HUD Code manufactured housing professionals is that an affordable housing option –– manufactured homes! – has had a suddenly flurry of positive …

Emerging Mainstream News Trend? Are Positive Manufactured Home Reports Increasing? Read More

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Skyline Corporation Hits 52-Week High. Is Near-Term Analysis Positive?

The stock of Skyline Corporation (NYSE: SKY) hit a 52-week high of $12.72 last week, according to a recent report from BarChart. While the stock price has had its ups and downs throughout 2016, Skyline executives have kept a positive tone and goal-oriented approach, which has clearly paid off.  Their …

Skyline Corporation Hits 52-Week High. Is Near-Term Analysis Positive? Read More

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Cavco, Sun’s Run, Manufactured Home CV rises – other U.S. Markets slip – Market’s await Presidential Debate, Brexit Noise

Noteworthy headlines on CNNMoney – Wells Fargo workers say fraud began years ago. PA Donald Trump win could tank stocks (ya think CNN is pro-Clinton? ;-). U.S. Companies consider relocating over Brexit. Some bullets from MarketWatch –  Stocks retreat as Clinton-Trump debate looms. Gold edges higher as focus turns to debate. Deutsche …

Cavco, Sun’s Run, Manufactured Home CV rises – other U.S. Markets slip – Market’s await Presidential Debate, Brexit Noise Read More

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U.S. Senator touts Lexington Homes, awarded $6.76 million contract from FEMA for manufactured homes

In the effort to provide shelter for the many displaced after the devastating August flooding in Louisiana, Mississippi-based Lexington Homes is about to step into the limelight, the Clarion-Ledger reports. Lexington Homes, a HUD Code manufactured home builder, was awarded a $6.76 million fixed-price contract from the Federal Emergency Management …

U.S. Senator touts Lexington Homes, awarded $6.76 million contract from FEMA for manufactured homes Read More

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SBA, George Washington University, Blast Proposed DOE Energy Rule for Manufactured Housing

“It does not appear that DOE grasps the unique challenges that small manufacturers encounter.” — U.S. Small Business Administration, Office of Advocacy A controversial proposal by the U.S. Department of Energy (DOE) for manufactured housing has drawn support as well as growing opposition. An arm of the United States Small …

SBA, George Washington University, Blast Proposed DOE Energy Rule for Manufactured Housing Read More

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Manufactured/Modular Home Retailer Grabs Positive Local Media Coverage

Ventura, California based Anacapa Homes received positive local media coverage by announcing that they are the new area representative for Skyline Homes. The company touted how the addition of Skyline Homes adds to a mix that also includes California and Arizona based producer Redman Homes. Anacapa Homes is owned and …

Manufactured/Modular Home Retailer Grabs Positive Local Media Coverage Read More

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Property Rights vs. Resident Rights – FoxNews Video, Manufactured Home Industry Voices sound off

“No one should be forced to carry on a business that they want to close,” said Pacific Legal Foundation Attorney Larry Salzman. “The city is treating the Jissers as an ATM to solve a problem they didn’t cause — the lack of affordable housing in Palo Alto. That’s not just wrong, it’s …

Property Rights vs. Resident Rights – FoxNews Video, Manufactured Home Industry Voices sound off Read More

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Bloomberg – Manufactured Home Industry is the Solution to the Affordable Housing Crisis

An article in Bloomberg makes the case that manufactured homes – what they refered to as mobile homes (sic), are an obvious solution to the affordable housing crisis. It starts with a simple question: “Why Aren’t We Building More Mobile Homes?” While their terminology isn’t exactly accurate – and they admit …

Bloomberg – Manufactured Home Industry is the Solution to the Affordable Housing Crisis Read More

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Election Coverage – 45 Days To Go – The Biggest Debate In History Looms Large – Political, Economic, Headline News

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 issues at-a-glance in the coverage of the race for the Oval Office from other news sources. These will focus on subjects that may influence voters, …

Election Coverage – 45 Days To Go – The Biggest Debate In History Looms Large – Political, Economic, Headline News Read More

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