REITs beat the S&P 500 and could return up to 13% in the next year, MarketWatch informed MHProNews. Housing starts rise to second-highest rate since recession. Meanwhile the Fed’s Dudley says September rate hike ‘is possible’ as the CPI remained unchanged in July. Daily results place stocks at a lower …
REITs beat S&P 500 with Promising Forecast for the Year Read More
California-based Investment Property Group Inc. (IPG) has presented new leases to residents of Meadow View Estates manufactured home community (MHC) in Medford, Oregon, according to mailtribune, as well as to residents in other MHCs it owns. Some of the residents are elderly and living on Social Security, and are concerned …
Residents of Oregon Manufactured Home Community Consider Long-term Leases Read More
MHProNews has learned from thedallasnewera in Dallas, Georgia that four high school students who live in the Logan’s Crossing Manufactured Home Community (MHC) each received a $250 scholarship for maintaining a ‘B’ average in the 2015-2016 school year. The scholarships are given each year by the owners of the Logan …
Logan’s Crossing Manufactured Home Community Announces Annual Scholarships Read More
The Dow Jones Industrials and the Nasdaq logged record closes. Various stocks closed at record heights, which MarketWatch tells the Daily Business News was triggered by a rise in oil prices. The extended gains of U.S. stocks also saw parallels in the rise in Treasury yields, and many MH stocks …
Skyline Up, Manufactured Housing CompValue (MHCV) Mirrors Dow Read More
YES! Communities, one of the largest owners of manufactured home communities in the nation with 178 communities in 17 states containing over 44,600 residential home sites, has announced it has sold 71 percent equity interest in its combined businesses to two global institutional investors, according to prnewswire. One of them …
Manufactured Home Community Owner YES! Redistributes Assets Read More
Affordable housing is defined as housing and utility payments falling under 30 percent of monthly household income. Colorado’s Durango County Planning Commissioners see manufactured homes as being a good fit for that important need, the Pine River Times tells MHProNews. Challenges in their market include the rising costs of conventional …
Commissioner sees Manufactured Homes and Communities as Affordable Housing Solution Read More
The Humboldt County Board of Supervisors in northern, coastal Calif. will consider a state-mandated proposed ordinance that requires manufactured home community owners in unincorporated areas to give residents nine months notice if they are repurposing the property which will require the residents to move. The county must adopt the ordinance …
Ordinance Mandates Community Owners Give Nine Months Notice Before Closing Read More
What’s New in public focused Manufactured HomeLivingNews.com Comparing Tiny Houses vs Manufactured Homes – Function and Value vs. Fashion What’s New in Manufactured Housing Industry Professional News Children of home owners more likely to own homes. Trump tells NAHB he identifies with them. Residents of closing community continue trying to …
Sunday Morning Recap-Manufactured Housing Industry News Aug 7-Aug.14, 2016 Read More
The manufactured home community in Robinson Township, Pennsylvania remains in legal limbo between its owners and the final residents remaining on the property, which is moving towards closure. Channel 11 News shared its investigation of Twin Circle Mobile Home Park with MHProNews, where only a handful of residents remain. Residents state that …
Manufactured Home Community Tangled in Legal Issues, Resident AG Complaints Read More
Updating an MHProNews post from July 15, 2016, regarding the development of a new manufactured home community (MHC) in Calcasieu County, Louisiana, neighbors gathered Thurs. night, Aug. 11 who are opposed to the project. The Calcasieu Parish Police Jury Planning and Zoning Committee meeting Tue., Aug. 16 will discuss changing …
Developers Pare Down Size of New MH Community; Neighbors Still Unsure Read More
All three major stock indexes close at records for first time since 1999, as MarketWatch revealed to MHProNews. Treasury yields jump the most in a week, as stocks hit new records. HSBC advises investors to look where companies make their revenue. Reports reveals that certain REIT stocks are suffering from fear …
Cavco Industries biggest gainer as Manufactured Housing CV climbs Read More
MHProNews has learned that MHRE Manufactured Housing Group arranged the sale of 278-home site Heartland Estates manufactured home community (MHC) in Haines City, Fla. to Murex Properties of Fort Lauderdale, a nationwide owner and manager of MHCs. The 55+restricted community boasts a 5,000 sq ft clubhouse with a veranda overlooking the …
Following the ongoing saga of the Lowry Grove manufactured home community (MHC) in Minneapolis that has filed suit to reverse the sale of their community for not being offered first right of refusal, as MHProNews reported Aug. 8, 2016, an amicus brief from the state attorney general’s office in support …
First Time First Right of Refusal Law in Minn. Will be Tested Read More
Stocks ended slightly lower, MarketWatch informs MHProNews, dragged by slumping oil prices, while Treasury yields post the largest 2-day decline in a month. The 2016 Presidential Elections are being blamed for a slow down in sales. The dollar weakens, as investors bet the Fed won’t hike rates in 2016. Meanwhile …
Nobility Homes rising, The Carlyle Group slips and Manufactured Housing CV dips Read More
In May of 2014 spring melt flooding on the Albany River drove 450 Kashechewan First Nation residents living in Northern Ontario, Canada out of their homes and into temporary quarters in Kapuskasing, according to what cbc.ca tells MHProNews, at a cost to the government of $350,000 monthly. Earlier this spring, …
Kashechewan First Nation getting Modular Homes following Major Flood Read More
Schroder Investment Management Group acquired an additional $2,017,000 worth of Equity LifeStyle Properties (ELS) shares for the quarter ending July 30th, 2016. Finance Daily tells MHProNews that the purchase results in a 2.2% increase over its previous holdings in the REIT (NYSE: ELS) bringing total investment figures up to $15,875,000. …
Management Group Increases Holdings in Equity LifeStyle Properties (ELS) Read More
MarketWatch informs MHProNews that Treasury yields are drifting lower as summer trading cools. The dollar weakens as domestic productivity falls for 3rd month. Oil prices are said to be heading towards $30 a barrel. Gasoline prices may fall below $2 a gallon nationwide before year-end. Gold closes higher to end …
UMH leads gainers, Skyline slips as MHCV trails the broader markets Read More
MHProNews was privy to the August 5th conference call conducted by UMH Properties, Inc. Participants included corporate management, members from UMH’s Board, as well as analysts, advisors and investors familiar with the community and retail segments of the MH Industry. Nelli Madden, Director of Investor Relations hosted the call, as key …
The First State Manufactured Housing Association (FSMHA) in Delaware has chosen three finalists to receive the $3,000 in scholarship funds they donate each year to students who live in manufactured homes, according to what delawareonline tells MHProNews. Eric Nielsen, a 2016 graduate of Milford Senior High School, will major in …
Three Delaware Residents of Manufactured Homes Receive Scholarships Read More
MarketWatch informs MHProNews that the Fed’s job-market index has the first gain of year in July. Consumer spending and income expectations rise. Wal-Mart announces $3.3 billion acquisition of Jet.com. Dow tripped downward, as did the S&P 500 and the NASDAQ. The Dow Jones Industrial Average receded -0.08 percent with a loss of -14.24 …
Skyline 4Q Leaps Skyward, MH Composite Index rallies despite Dow’s slide Read More
