In the CNN News: U. S. gains 280,000 jobs in May, now totaling over one million jobs on the year; OPEC refuses to cut oil production, and consumers expanded their borrowing last month by $20.5 billion. Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) nudged up +0.08 percent, to end …
Manufactured Home (MH) and Recreational Vehicle (RV) community owner Sun Communities, Inc. (NYSE:SUI) of Southfield, Michigan has declared a quarterly distribution of $0.65 per share of common stock for Q2 2015, payable July 17, 2015 to shareholders of record as of June 30, 2015. The company’s board of directors also …
Sun Declares Dividends on Common and Preferred Stocks Read More
In the News: U. S. and world economies slowing down, OPEC barrels over U.S. oil markets, China is beating U. S. in health research, and FIFA President sepp Blatter resigns Post, and ADP says 201,000 jobs were added to the private sector last month. Meanwhile, the Yahoo Manufactured Housing Composite …
Nobility Plummets -6.94%; MHCV Again Out paces Dow Read More
In the News: Bidding for lunch with Warren Buffett rises above $500,000, Americans are saving and not spending, Hillary Clinton slams hedge funds, and Lindsey Graham’s hat is in the ring for the presidency. Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) gained +0.68 percent, to close at 660.1 for …
MHCV Gains more Percent than Dow, Nasdaq, and S&P Combined Read More
In Today’s News: AmEx President Ed Gilligan Dies, Anheuser-Busch is canning clean drinking water for flood victims in Texas and Oklahoma, Michael Jackson’s Neverland Ranch is on the market for $100 million, and a customer left a $2,000 tip in a D. C. restaurant on a $93. tab. Meanwhile, the …
In the News: Oxford University has first female president in 800 years, San Francisco has the hottest luxury housing market followed by Bangalore, India, and Carl’s Jr. burgers (also known as Hardee’s) is offering a 1,000 calorie burger. Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) moved up +0.63 percent, …
MHProNews has learned that UMH Properties, Inc. (NYSE:UMH) has purchased a 158 site manufactured home community (MHC) in northeastern Pennsylvania for $3,517,000. The all-age community is situated on 43 acres in the Marcellus and Utica Shale regions where the demand for housing is being driven by energy exploration workers. Current …
All three major indices fell over one percent in today’s trading as concerns grew over the impending rise in the interest rate, although it is not definite when the increase will hit. Meanwhile, Time Warner stock rose 7.26 percent on word Charter Communications intends to buy the conglomerate for $55 …
Dow, Nasdaq, and S&P 500 Tumble on Fears of Rate Hike Read More
U. S. Senator David Perdue (R-GA) has introduced legislation to make the Consumer Financial Protection Bureau (CFPB) more accountable by bringing it under the Congressional appropriations process and thereby give it Congressional oversight, according to nationalmortgageprofessional. The CFPB is currently under the Federal Reserve which is beyond the each of …
Georgia Senator Introduces Measure to Harness CFPB Read More
Couple leave $850,000 estate to U. S. government, Bernie Sanders proposes breaking up the big Wall Street banks, gas prices are expected to fall this summer, and stocks of theme parks are on the rise. Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) gained 1.11 percent, to close at 651.1. …
MHCV Outpaces the Dow as Stocks Remain Quiet Ahead of Memorial Day Read More
In the news: Walmart’s bottom line hurt by wage hike, airbag maker Takata responsible for the recall of 34 autos, KFC is resuscitating Colonel Sanders, more bankers willing to break the law to get ahead, and Lane Bryant is buying Ann Taylor’s dresses for $2.1 billion. Meanwhile, the Yahoo Manufactured …
Deer Valley Skyrockets; Colonel Sanders Squawking Again Read More
In the news: Netflix gains 4.5 percent, American icon Avon declining, activist investor Carl Icahn investing $100 million in ride-sharing company Lyft, and Honda recalls five million cars because of air bag problem. Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) gained +0.38 percent, to close at 666.1. Manufactured housing …
Both of the government-sponsored enterprises (GSEs), Fannie Mae and Freddie Mac, operate under a $30 billion cap for purchases of multifamily loans, according to costar. Since they each hit $10 billion in the first quarter, they would max out by the third quarter, leaving no available funds to finance deals …
FHFA Stretches Multifamily Affordable Housing Lending Categories Read More
In today’s news: retail sales were unchanged last month, Macy’s may roll out a lower line of goods as the middle class shrinks, and U. S. crude oil output fell 25,000 barrels a day to 12.6 million barrels in April. Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) slipped for …
Nadeen Green, a For Rent Media Solutions’™ (FRMS) legal counsel, is a Fair Housing attorney who has taught Fair Housing Law to the multifamily housing industry since the Fair Housing Amendments Act went into effect in 1989. She is also education director for a small non-profit called International Fund for …
Fair Housing Attorney Honored for Children’s Housing Accessibility Book Read More
In the news: China is beating the U. S. in health research, Uber may be worth more than FedEx, investors are asking where all the Greece bailout money has gone, T. Boone Pickens says he cannot afford a Tesla, and two of Coke’s products each lost nine percent recently. Meanwhile, …
Deer Valley Plummets 46.15 Percent; MHCV Falls 1.85 Percent Read More
The addition of 233,000 jobs to the U S. economy, and the drop of the unemployment rate to 5.4 percent, the lowest level since 2008, spurred the Dow Jones Industrial Average to surge +267.05 points. Additionally, the unemployment rate of black males has fallen below ten percent for the first …
Jobs Report Sends Dow Up; MHCV Does not share the Joy Read More
In the news: Whole Foods to launch lower cost store, Patriots QB Tom Brady inflates his innocence, and the oil industry wonders if job cuts have ended. Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) gained more than the Dow, +1.76 percent, to close at 672.2. while more tracked manufactured …
Drew Draws Top Gain, Cavco Advances, MHCV Outpaces Dow Read More
The Pine Haven manufactured home community (MHC) in Moss Bluff, Louisiana in the southwestern part of the state (just north of Lake Charles) has been sold and the 35 homes, some of which appear to have been built before the Department of Housing and Urban Development (HUD) established standards for …
Ozy Media’s ‘Trailer House Nation,’ Corrections Needed Read More
OZY Media is a West Coast based ‘new media’ start up that has drawn millions in investments and supports a staff of some 17 people. Targeting Millennials, they self proclaim: “OZY is a digital news magazine focused on the new and the next.” Based in Mountainview, CA., they’ve reportedly attracted …
