The foreign press has picked up an advertorial, evidently from the Michigan Manufactured Housing Association in Okemos, MI, promoting manufactured housing communities (MHC). The Middle East North Africa Financial Network (MENAFN) emphasizes the ideal amenities, options, services, and other positive attributes of living in an MHC in MI, although with …
As fears of a military strike in Syria may be fading, the Dow spiked 140 points and the S&P and Nasdaq each gained one percent or more. CNNMoney reports the Dow gained 140.62 points, +0.94 percent, to close at 15,063.12. The Nasdaq advanced +1.26 percent, +46.17 points to end the …
Several Tracked Housing Stocks Join the Three Major Index Rise Read More
Continuing concerns about Syria and a weak jobs report led to a choppy day on Wall Street, resulting in a mixed end of the week for the three major indexes. CNNMoney reports the Dow moved down -14.98 points, -0.10 percent, to close at 14,922.50. The Nasdaq nudged up +0.03 percent, …
UFPI Posts Largest Gain of Tracked Stocks; Major Indexes Waffle Read More
While the jobs report tomorrow is expected to show a slight increase, and investors continue to bite their nails over a possible impending military strike against Syria, all three major indexes gained for the third day in a row, albeit modestly. CNNMoney reports the Dow moved up +6.61 points, +0.04 …
Louisiana Pacific Spikes, Major Indexes Rise Again Read More
In an opinion piece in the santacruzsentinel, Mardi Brick says since California eliminated funding for redevelopment programs in 2011, 20 percent of which was for affordable housing initiatives, more people on limited incomes are turning to manufactured homes. Noting there are 92 manufactured housing communities (MHCs) in Santa Cruz County, …
Measure would Build more Affordable Housing in California Read More
Despite investors’ caution that the U. S. will likely lead a military strike in Syria, the three major indexes gained for a second consecutive day, with the Dow rising nearly 100 points and the NASDAQ improving one percent. CNNMoney reports the Dow moved up +96.91 points, +0.65 percent, to close …
Most Housing Stocks Advance as Major Indexes Improve Read More
The rattling of sabers as the U. S. reportedly prepares for a military strike on Syria in retaliation for the alleged use of chemical weapons by that country’s leadership on its own people overshadowed two major tech deals. Verizon (VZ, Fortune 500) will pay $130 billion to take over Vodafone, …
Concerns over Syria Trumps Major Tech Deals and Positive Manufacturing Data Read More
As proof that ‘volatility is back’ in the market for the foreseeable future, the Dow slipped again today, or 9 out of 12 trading sessions. President Barack Obama and his administration’s recent bellicose rhetoric – even with talk about limits on what may be an impending incursion by the U.S. …
Bellicose Banter Braces, Dow slips, tracked housing stocks mixed Read More
Sounding off in the respected Huffington-Post, Wake Forest Law School Professor Tanya Marsh writes that: “First, the mega banks are just fine.”…”Second, community banks are definitely not fine.” and “Third, consumers are the big losers.” Marsh states that “In the second quarter of 2013, Bank of America saw a 63% increase in …
Residents of Lamprey River and Railroad Street land lease communities in Newmarket, NH recently purchased their communities. Heron Point Estates Cooperative, New Hampshire’s 106th manufactured-home cooperative forged through the work of the state’s Community Loan Fund, will manage both communities. Education, technical assistance and funding were arranged by the New …
New Hampshire’s Community Loan Fund converts MHC #106 Read More
While both the Dow and the S&P are up 15 percent on the year, the Dow finished lower for the fifth straight day while the S&P broke a four-day losing streak. The NASDAQ has gained 19 percent on the year. In today’s session, CNNMoney reports the Dow lost -7.75 points, …
Killam Industries, Inc. of Halifax, Nova Scotia, Canada announces it will pay stockholders of record as of Aug. 30, 2013 a dividend of $0.0483 per share on Monday, Sept 16, 2013. Two equities research analysts have conferred a rating of hold on the stock, five have assigned it a buy …
For the fourth consecutive day stocks fell as investors ponder when the Federal Reserve will begin tapering its bond-buying program, sending the three major indexes to the red zone for the day. CNNMoney reports the Dow lost -70.73 points, -0.47 percent, to close at 15,010.74. The Nasdaq nudged down -0.38 …
Stocks Fall Again, Including Nearly all Tracked Housing Stocks Read More
Stocks turned red for the third straight day as the Dow and S&P each lost two percent on the week, typical of a dog day in August. CNNMoney reports the Dow lost -30.72 points, -0.20 percent, to close at 15,081.47. The Nasdaq nudged down -0.09 percent, -3.34 points to end …
Three Major Indexes Fall Again; Tracked Housing Stocks Close Mixed Read More
While investors worry when the Federal Reserve may reduce it’s stimulus program, the government reports jobless claims dropped by 15,000 and the consumer price index rose only two percent, but the Dow Jones Industrial Average fell 225.47 points on disappointing earnings reports from Wal-Mart and Cisco. CNNMoney reports the Dow …
Cavco, Patrick Lead Stocks We Track, as Dow Drops Precipitously Read More
Updating a story MHProNews posted Tue., Aug 13, concerning the state house’s passage of a rent control measure for the four manufactured housing communities in Acushnet, Massachusetts, Rep. Robert M. Koczera (D-New Bedford) says, “I have every reason to believe it will become law.” It now goes to the Senate …
Investors were busy speculating as to when the Federal Reserve will taper its stimulus program and the three major indexes responded by sliding down. CNNMoney reports the Dow Jones Industrial Average dropped -113.35 points, -0.73 percent, to close at 15,337.36. The Nasdaq fell -0.41 percent, -15.17 points to end the …
Three Major Indexes Fall from Investors Neglect; Most Tracked Housing Stocks Fall Read More
Rapoza Associations reports nearly 30 percent of all rural households, which covers some 7.3 million families, are either unaffordable, overcrowded or substandard. Over 47 percent of all rural households are spending more than 30 percent of the their income on rent, which classifies them as cost-burdened; and almost 50 percent …
All three indexes advanced modestly but the bigger stories concerned Apple, J.C. Penney and the suit field by the Justice Department to block the $11 billion merger of U. S. Airways and American Airlines. CNNMoney reports the Dow Jones Industrial Average nudged up +31.33 points, +0.20 percent, to close at …
Most Tracked Housing Stocks Fall; Three Major Indexes Advance Read More
Residents at Brookside Mobile Home Park complaining about rising rents in their community has led to a state bill authorizing rent and eviction control rules in Acushnet, Massachusetts. Town Meeting members approved a home rule petition in June, 2012 that established a rent control board to oversee the town’s four …
