News Reports: Housing news updates and reports for Manufactured Home and Modular Housing Industry professionals and investors. Business – daily fact checks, market reports, and analysis.
In the news from CNNMoney: Oil drops below $36/bbl, causing the Dow to fall. Holiday shopping gains momentum in November. Whole Foods’ stock has fallen 30 percent this year, fueling speculation it may be on the block. Dow Chemical merging with Dupont, a $130 billion deal to create the world’s …
Dow Spirals Downward as Oil Falls, Pulling many Stocks Down Read More
MHProNews has been informed by analystratings that CEO of Skyline Corp (NTSE:SKY) Richard Florea bought shares of Sky for $3,120, which increases his holdings by 5.71 percent. Florea bought the stock, according to Skyline’s website, at $3.12 per share for the 1,000 shares, and now owns 18,500 shares. MHProNews last …
Informed sources tell MHProNews that Clayton Homes (CMH) has closed on a manufacturing facility in Athens, TX. According to the source, the production is scheduled to begin in the fall of 2016. Athens Venture Capital, LLC was the seller to CMH. The move signals the continued recovery of manufactured housing, …
MHProNews is hearing about support among industry members for candidates ranging from Bernie Sanders and Hillary Clinton on the Democratic side, to Ted Cruz, Marco Rubio and the political phenom of the year, Donald Trump among Republicans. As the 2016 primary season heats up, The New York Times reports that …
Trump Gaining Steam, Cruz, Rubio appealing to MHPros Read More
In a letter from “Voice of the People” in theledger, MHProNews and MHLivingNews Publisher L. A. “Tony” Kovach appeals to his Florida neighbors to contact their congresspersons, and encourage them to attach a rider to a must-pass appropriations bill that will expand financing options for MH buyers/sellers. But he can …
Kovach asks Community to Contact Congress in Support of S 682 Read More
MHProNews has been told by heraldtribune of word coming from Bradenton, Florida that the cost to build a home in Manatee County is likely to rise by thousands of dollars following approval by the Manatee County Planning Commission to resume impact fees on new construction to benefit schools. These impact …
One-time Fee would Raise the Cost of a Manufactured Home Read More
In response to the tiny home movement, where the location is nearly as important as the home itself, according to what freshome tells MHProNews, Portuguese engineering firm Friday has developed a floating modular home, Floatwing. Constructed of eco-friendly materials, there are four structural configurations, and while the width is fixed …
In the news from CNNMoney: Oil drops -2.66 percent, lands below $37/bbl. Chipotle’s reputation is getting slammed. Cuba is ripe for investment. Prices for distilled spirits cost 39 percent more at bars than at home since 2003. The Dow closes up after three straight sessions of losing. US tries to …
MH-related Stocks Relatively Quiet in Today’s Trading Read More
MHProNews has learned from washingtontimes that the owners of the Arbor Americana Manufactured Housing Community of Flat Rock, Michigan have settled a lawsuit over sewage overflows brought by the Michigan Department of Environmental Quality. The state alleges the MHC owners, in neglecting to repair the wastewater system, exposed residents of …
While H. R. 650, the Preserving Access to Manufactured Housing Act passed the House in April with bi-partisan support, the Senate companion bill S 682, cannot pass the Senate as a standalone measure because it would be vetoed. If, however, it is attached as a rider to the must-pass appropriations …
Manufacturing Housing Pros rallying Troops for More Financing Options in 2016 Read More
Updating the post MHProNews published Dec. 2, 2012 regarding the modular homes for the homeless in Dublin, Ireland, the Drimnagh Residents Association has warned the Dublin City Council that it may take legal action against Environment Minister Alan Kelly’s plans to site 29 homes on an empty lot on Curlew …
Modular Homeless Housing in Dublin Hits another Snag Read More
Edsart Bedsier, a native of Holland but now a 22-year resident of Costa Rica, has built houses around trees, and his Crystal House is made from recycled glass bottles, according to ticotimes. His next project, as MHProNews has learned from Jim Maher, is to convert unused shipping containers, many of …
Modular Container Homes in Costa Rica will be Off the Grid Read More
In the news from CNNMoney: Nearly half of all renters in the U. S. struggle to pay their monthly rent. The middle class in America now comprises under half of the population, down from 61 percent in 1971. Handguns account for three-fourths of gun sales. Walmart’s Chinese imports have cost …
Most MH-related Stocks Slip, as do Dow, Nasdaq and S&P 500 Read More
In a step towards rebuilding the lives of those displaced by the wildfires in northern California, as MHProNews last reported Nov. 4, 2015, nine of 15 manufactured homes (MH) provided by the Federal Emergency Management Agency (FEMA) will be ready for occupancy by the end of the week. Lake Village …
First FEMA Manufactured Homes will be for Seniors Displaced by Valley Fires Read More
MHProNews has learned from wtop1h, although no movies based upon “The Hobbit” or “Lord of the Rings” trilogy are in the works for the holiday season, Florida’s Green Magic Homes has developed “hobbit holes,” designed to be part of the landscape like the homes from the mythical Shire in “Lord …
Kingsley management, which had undercharged hundreds of residents for rent and water at three manufactured home communities (MHC) in three Colorado cities, initially offered payment options, but then threatened eviction, according to thedenverchannel. The company’s lawyer had told the residents in the Front Range MHC not to pay the back …
MHC Management Sets Payment Plan for Miscalculated Charges Read More
Continuing a tradition, as MHProNews reported Dec 12, 2014, the Delaware Manufactured Homeowners Association and the First State Manufactured Housing Association teamed up with other organizations, schools and businesses in Sussex County to sponsor the 32nd annual Caroling on the Circle in Georgetown. Over 400 carolers gathered in the downtown …
Manufactured Home Organizations help Sponsor Annual Food Drive Read More
Following the continuing story of Jeffrey L. Et Al Gendell’s dumping of Patrick Industries’ stock since Nov. 2014, dakotafinancialnews reports he sold another 57,399 shares of Patrick on Fri., Dec. 4 at an average price of $42.49 for a net transaction of $2,438,883.51, as disclosed in a legal filing with …
Jeffrey L. Gendell Continues Unloading Patrick Stock Read More
In the news from CNNMoney: Morgan Stanley slashes 1,200 jobs around the globe. Smith & Wesson gun sales up 32 percent this year. Following weak trade data from China, Dow falls nearly one percent. Oil drops below $37/bbl. Global mining giant Anglo American to cut 65,000 jobs in next few …
Sun Stock Rises Alone as Third Avenue Value Fund, UFPI Drop Sharply Read More
Long-time manufactured home retailer and community owner Mary “Irene” Younkin, 95, passed away in Columbus, Ohio, Dec. 5, 2015. She was chairwoman of Greenlawn Realty, and co-founder of Greenlawn Mobile Home Sales as well as Greenlawn RV Center, and several land lease communities. Inducted into the RV/MH Hall of Fame …
