Manufactured housing community owner Sun Communities, Inc. (NYSE:SUI) announces a quarterly dividend of $0.63 per share for investors of record as of June 28, 2013, payable on July 19, 2013. Represents a dividend yield of 5.06 percent, according to watchlistnews, with an ex-dividend date of June 26. With a 50-day …
Following the Federal Reserve’s hinting that it may taper its bond purchases later this year, the three major indexes all lost 1.12 percent to 1.39 percent in a slide that cost the Dow just over 200 points. CNNMoney reports the Dow Jones Industrial Average fell -206.04 points, -1.35 percent, to …
Many Tracked Housing Stocks, Three Major Indexes all Tumble Read More
Private equity real estate investment firm Green Courte Partners, LLC announces the promotion of Braden Rudolph to Vice President, Asset Management. A 2010 MBA graduate of Northwestern University’s J L. Kellogg School of Management, Rudolph has been active in strategic initiatives at American Land Lease, Inc., an owner/operator of 50 …
Green Courte Announces Promotion of Braden Rudolph Read More
A sinkhole on a bridge at the Pine Haven manufactured housing community in Marietta, GA left residents who relied on the only vehicular access to the community stranded on Monday, June 17. Some residents needing to go to work relied on cabs or friends to take them; others waited for …
All three indexes advanced, with the Dow moving up over 120 points, as inflation remains low and housing starts increase, despite concerns of what the Federal Reserve may reveal Wed., June 19, about possibly tapering the quantitative easing. CNNMoney reports the Dow Jones Industrial Average gained +0.91 percent, +138.38 points, …
Most Tracked Housing Stocks Advance, as do the Three Major Indexes Read More
Even though investors are edgy about the possibility the Federal Reserve will announce Wednesday that it will begin to wind down its quantitative easing, the markets managed to advance for the day, with the Dow picking up over 100 points. CNNMoney reports the Dow Jones Industrial Average gained +0.73 percent, …
Universal Forest Products, Inc. Spikes; Three Major Indexes Gain Read More
Mixed economic reports and concern over when the Fed may taper the quantitative easing that is pumping $85 billion into the economy troubled the stock market today. CNNMoney reports the Dow Jones Industrial Average fell -0.70 percent, -105.90 points, to end the week at 15,070.18. The Nasdaq dropped -0.63 percent, …
Three Major Indexes Tumble; Tracked Housing Stocks Close Mixed Read More
Strong auto sales and reports of fewer jobless claims led investors to push all three indexes in gaining over one percent in today’s session. CNNMoney reports the Dow Jones Industrial Average gained +1.21 percent, +180.85 points, to close at 15,176.08. The Nasdaq moved up +1.32 percent, +44.94 points, to end …
Deer Valley, LPX, Cavco, AMG Have Energetic Trading Session Read More
U. S. stocks started the day strong but began a downward trajectory as continuing concern over the Federal Reserve’s narrowing of its support for the economy led to the Dow dropping over 100 points. CNNMoney reports the Dow Jones Industrial Average lost -0.84 percent, -126.79 points, to close at 14,995.23. …
Investors, sensing the heavy hand of the Federal Reserve possibly withdrawing support from the economy along with other central banks, stepped back from the dance floor today as all three indexes dropped during a session of severe ups and downs. CNNMoney reports the Dow Jones Industrial Average moved down -0.76 …
Investors stepped back from the market today, which had digested a good jobs report on Friday, sending all three indexes above one percent gains. But today, stocks drifted and moved very little. CNNMoney reports the Dow Jones Industrial Average nudged down -0.06 percent, -9.53 points, to close at 15,238.59. The …
Three Major Indexes Move Little; Drew Draws the Best Hand Read More
A good jobs report from the federal government spurred all three indexes to rise above one percent as the week drew to a close. CNNMoney reports the Dow Jones Industrial Average advanced +1.38 percent, +207.50 points, to close at 15,248.12. The Nasdaq gained +1.32 percent, +45.17 points, to end the …
Three Indexes End Week up; Housing Composite Gains 4.57% Read More
The U. S. Ninth Circuit denial to rehear the Equity LifeStyle Properties (ELS) vs. City Of San Rafael ruling may lead to a battle in the U. S. Supreme Court. The court’s decision handed down in April establishing rent control in manufactured housing communities may embolden rent control advocates across …
U. S. Supreme Court may Hear Rent Control Challenge Read More
With uncertainty still in the air over future Federal Reserve policy and the sluggish economy, investors made enough inroads in trading today to regain some of what was lost yesterday, but not much. CNNMoney reports the Dow Jones Industrial Average advanced +0.53 percent, +80.03 points, to close at 15,040.62. The …
Concerns about the economy slowing down and the Federal Reserve’s quantitative easing being reduced sent stocks tumbling in today’s trading, as the Dow lost over 200 points. CNNMoney reports the Dow Jones Industrial Average dropped -1.43 percent, -216.95 points, to close at 14,960.59. The Nasdaq fell -1.27 percent, -43.78 points, …
Unlike the prefabricated housing that dominated the industry after WWII, SpineLock Living in Mansfield has developed a modular system the company’s CEO Derick Wilson hopes will revolutionize home building in Great Britain. The sections are transported to the site and then slotted together using a panelized interlocking system and then …
Weakness in the energy and materials sector and investors’ concern over unknown but coming Federal Reserve policy led to the drop in the three major indexes today. CNNMoney reports the Dow Jones Industrial Average dropped -0.50 percent, -76.49 points, to close at 15,177.54. The Nasdaq moved down -0.58 percent, -20.11 …
Three Major Indexes Fall, Most Tracked Housing Stocks Follow Read More
The first day of June began with a bang as the Dow gained over 100 points in a steady rise all afternoon. CNNMoney reports the Dow Jones Industrial Average gained +0.92 percent, + 138.46 points, to close at 15,254.03. The Nasdaq advanced +0.27 percent, +9.46 points, to end the day …
Indexes Begin June Rising; Tracked Housing Stocks close Mixed Read More
Ruth Briggs King, Delaware’s State Representative from the 37th District, writing in capegazette.villagesoup, says she has introduced three pieces of legislation in support of residents of manufactured housing: House Bill 65 extends the Delaware Manufactured Home Relocation Trust Fund for another five years; House Bill 66 requires owners to disclose …
The Dept. of Housing and Urban Development (HUD)’s Choice Neighborhood Program will provide $109 million in grants to revitalize public and HUD-assisted housing as a means of transforming desolate communities. HousingWire says Choice Neighborhoods program focuses on three goals: replacing distressed housing, improving educational outcomes for youth and rehabilitating decimated …
