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.
As financialmagazin reports, Drew Industries, Inc. (NYSE:DW) director David Reed sold 10,300 shares of company stock at an estimated $60.9 per share, yielding $627,270. Furthermore, within the last 30 days he sold an additional 1,200 shares valued at $73,368. Currently, Reed now owns 34,130 shares of Drew stock, approximating 0.14 …
In the news from CNNMoney: CEOs are not optimistic about the economy. Global corporate defaults exceed 100 as energy companies fall to low oil prices. Fed says interest rate hike likely this month. Gun background checks hit record on Black Friday. World’s richest ten percent produce half of all carbon …
Patrick one of only Two MH-related Stocks that Advanced Read More
MHProNews has learned from analystratings the CEO and president of Cavco Industries, Inc., Joseph Stegmayer, sold shares of the company for $1.86 million. The stock climbed 48.7 percent after Stegmayer’s last sell transaction on May 21, 2012. As MHProNews reported Oct. 30, 2015 on our daily stock report, Cavco’s stock …
Auditors have discovered the Nevada Manufactured Housing Division (MHD) has over 2,000 names and Social Security numbers unsecured on the agency’s network, according to ksl in Carson City, and that 200 files of unencrypted personal information were being kept on staff computer hard drives, exposing it to potential hackers. The …
Nevada Lax in Securing MH Owner Info, Re-inspection of MH Upgrades Read More
As the deadline nears for the mega spending bills to be passed in Congress that will keep the government running, as MHProNews reported Nov. 26, 2015, the Obama administration has indicated it will push back against any attempt to substantially weaken the 2010 financial overhaul, according to the nytimes. Congressional Republicans …
Obama Administration: Unacceptable to Include Dodd-Frank Amendments in Appropriations Bill Read More
Following the ongoing story of the modular homes planned for the homeless in Dublin, Ireland, MHProNews last posted Nov. 27, 2015 that demonstrators representing a co-op that planned to build on the site of the modulars caused work to stop at the site. The protesters stated the plan jeopardizes the …
Co-op in Dublin Disputes Siting of Modulars for Homeless Read More
In the news from CNNMoney: Coinciding with climate change talks in Paris, Wall Street is backing away from lending to coal industry. U. S. manufacturing shrinks for first time in three years. Federal Reserve ends “too big to fail” lending to collapsing banks. Auto industry on track to post record …
Dow Gains 168 Points; Auto Industry Marking Record Sales Read More
At its annual conference, the Michigan Manufactured Housing Association (MMHA) bestowed honors on several members for their achievements in best promoting the factory-built industry to their clients, as marketwired informs MHProNews. For best community entrance, Sun Communities’ Camelot Villa in Macomb, MI recently upgraded their roads and playground. In the …
Newborn into the MH Industry is Thomas Brandon Dobbs. “Tommy” was born in Corinth, MS, 8lbs 15 oz., on 11/11/15. Proud parents are Gary and Melanie Dobbs. Gary is in sales at Sunshine Homes, Red Bay, AL, covering Tennessee and Alabama. The happy grandparents are John and Pam Bostick, Lee …
MHProNews has learned from portstephensexaminer that Gateway Lifestyles, already one of Australia’s largest manufactured home community owners, has acquired two of Port Stephens’ largest residential communities. Seawinds has over 110 homesites, and amenities include a pool, ping pong room, tennis court and snooker table, as well as a community room. …
Aussie Manufactured Home Community adds to Portfolio Read More
A pioneering social housing (low income) development commissioned by the Highland Council in Scotland has resulted in eight one bedroom modular apartments at Kendal Court, according to scottishhousingnews. The first of its kind in the country, the project was developed and designed by Inverness-based social housing company JNESpace and manufactured …
In the news from CNNMoney: Warren Buffett campaigning for Hillary Clinton. Bill Gates launches multi-billion dollar clean energy fund. Tickets for Kobe Bryant’s last game April 13 nearly tripled to $1,388.60 in four hours. Liberace’s car, candlebra intact, priced at $150,000. International Monetary Fund admits China to currency club. Paris …
Nobility Homes Plummets over Five Percent, most Other MH-related Stocks Quiet Read More
On the apartment rental scene, according to multifamilyexecutive, many have posited that there is an insatiable demand for rental units, with millions of Gen Y living at home yearning to break out, they do not want to own, and vacancy rates will continue to fall. Au contraire, says Ryan Severino, …
MHProNews has learned from indiancountrytodaymedianetwork that in five counties within the boundaries of American Indian reservations in South Dakota, where the Indian population comprises a large majority of residents, a higher percent of mortgage lending went to white people in 2014. A total of $3.3 million was loaned or invested. …
Manufactured Homes Generate Wampum on Tribal Lands Read More
In a document filed with the Securities and Exchange Commission (SEC), dakotafinancialnews reports Scott T. Mereness, president of Drew Industries, Inc., sold 3,700 shares of stock in a transaction dated Nov. 25 at an average price of $60.00 per share for a total net of $222,000.00. Mereness now owns 115,242 …
Drew’s President Draws $222k in Sale of Drew Stock Read More
What’s New in public focused Manufactured HomeLivingNews.com “It’s not a trailer, it’s a manufactured home!” Inside MH with Mary Johnson, Retired Nurse Getting More Manufactured Home Lending – Video Interview with MH Owner, Tom Fath What’s New in Manufactured Housing Industry Professional News MHARR slams HUD over monitoring contract. Australia …
Sunday Morning Recap-Manufactured Housing Industry News Nov. 22-Nov. 29, 2015 Read More
As in many areas, finding affordable housing in Payson, Arizona is beginning to pose a looming crisis, even more so if the area gets a four-year university that will draw several thousand more residents, according to paysonroundup. Berkshire Hathaway real estate broker Cliff Potts stated housing for middle class workers, …
New Manufactured Homes on Drawing Board in Arizona City Read More
According to nasdaq, data released by the Census Bureau and the Department of Housing and Urban Development indicate sales of new, single-family homes rose 10.7 percent in October to a seasonally-adjusted annual rate (SAAR) of 495,000 units, up from September’s revised numbers of 447,000. The rate is a 4.9 percent …
In the news from CNNMoney: Gold prices fall to near six-year low. REI (recreational equipment) is giving employees Black Friday off. Americans will spend over $130 on self-gifting this year. Chinese executives sometimes disappear with no warning. Britain hikes taxes on investors to cool housing market. Meanwhile, the Yahoo Manufactured …
MHCV Continues Rising, as MH-related Stocks are Relatively Quiet Read More
With 24 manufactured home communities as part of its 63 property portfolio, Ingenia Communities Group is focusing on the Queensland region of Australia for its expansion efforts, as couriermail informs MHProNews. Ingenia CEO Simon Owen, in Brisbane attending a conference on retirement living, said with an ageing population he sees …
Aussie Manufactured Home Community Owner on the Hunt Read More
