On October 3, 2016, the Board of Directors of UMH Properties, Inc. (NYSE: UMH) declared its quarterly cash dividend on the company’s common stock of $0.18 per share payable December 15, 2016, to shareholders of record at the close of business on November 15, 2016. The company’s annual dividend rate …
UMH Properties, Inc. Declares Common and Preferred Dividends Read More
Equity Lifestyle Properties, Inc. (NYSE:ELS) stock was down 1.74% on September 30th, hitting a price of $77.18, which has raised concerns for some traders who wonder – is part of a new pattern? According to the Press Telegraph, analysts expect earnings of $0.83 per share, which would be an increase …
ELS Shares Down, Bank of Montreal Acquires New Stake Read More
Noteworthy headlines on CNNMoney – Clinton slams Wells Fargo for “bullying” workers. What to expect at Google’s big event. Some bullets from MarketWatch – Disney remains center of merger talk… this time it’s Netflix. Two Fed GDP trackers show economic growth wilting. Trump Foundation ordered to stop fundraising in New York. …
Patrick and LP lead, IL Yanking Billions from Wells Fargo, Markets Dip Read More
A month after the historic flooding in Louisiana, many residents are still having trouble finding housing, reports WAFB’s Scottie Hunter. According to Hunter’s report, thousands of people have applied for a manufactured housing unit from FEMA, but as of September 30, only 169 people have been able to move into …
FEMA’s Manufactured Home Installations slow for Louisiana flood victims Read More
Commercial real estate company NorthStar Realty Finance Corp (NYSE: NRF) recently received an average rating of “Hold” from a handful of analysts that are covering the firm, reports Baseball News Source’s James Conley. Among the six analysts, two rated NorthStar’s stock a “buy” and the four issued a “hold” recommendation. …
NorthStar Realty Finance’s target price and investor moves Read More
During the depths of the great recession, the first issue of what is branded today as MHProNews was published in mid-October, 2009. The new featured articles are scheduled to appear on the MHProNews.com home page on Monday evening, 10.3.2016. Look for an all new interview, special reports and more. ## …
7th Anniversary Issue of MHProNews Schedule Announced Read More
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 …
Houston County, MN commissioners chose to opt out of a recently enacted state law at their meeting on September 20th. Minnesota statute 394.307 (signed into law on May 12) “defines and regulates temporary family health care dwellings on residential property,” Houston County zoning administrator Aaron Lacher told the commissioners. According …
County Zoning Administrator Aaron Lacher Opting Out “Granny Pod” Law Read More
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 …
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 …
When retiree Lois Requist decided to downsize from her two-story condo to a manufactured home community in the San Francisco metro area, she was met with some resistance by friends and neighbors—some unfortunately threw the awful “T” word – “tr—lr trash” – at her. Despite the criticism, Requist is happy …
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
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
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 …
“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
The saga of the legality of placement of tiny houses continues to play out throughout the United States. Coconino County, in north-central Arizona, is one such place. Amanda Acheson, Sustainable Building Program Manager for Coconino County, said she is contacted an average of once per day by someone either interested …
New Rules for Tiny Houses crafted, Manufactured Housing Connections Read More
This past week continues our theme of Superior September 2016 coverage of the news that matters for manufactured housing industry professionals, as well as all those interested in quality affordable housing and/or are engaged in the factory-built home industry. The articles below will include a variety of news and special …
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
“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 …
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
