The government’s strong report on jobless claims and positive housing news trumped concerns over Greece’s economic woes as the three indexes all advanced, although slightly. CNNMoney reports the Dow Jones Industrial Average gained 0.33 percent, +41.83 points, ending the day at 12,830.34. The Nasdaq advanced +0.34 percent, +9.87 points to …
The three indexes barely budged today as investors renewed worries about the European debt crisis and a sharp sell-off of Hewlett-Packard shares. CNNMoney reports the Dow Jones Industrial Average lost -0.06 percent, -7.45 points, ending the day at 12,788.51. The Nasdaq advanced +0.02 percent, +0.61 points to close at 2,916.68, …
All but One Tracked Housing Stock Squeaked out a Gain Read More
GuruFocus reports Sam Zell of Equity Group Investments, presenting at Chicago’s Invest for Kids conference, says the Eurozone is heading for a recession because the currency is imploding. One of the world’s most successful real estate investors, he says the will to embrace austerity measures in the U.S. in order …
An increase in existing home sales for October and confidence the fiscal cliff will be effectively addressed before Jan. 1 pleased investors, as stocks rallied to their best gain in months. CNNMoney reports the Dow Jones Industrial Average gained +1.65 percent, +207.65 points, ending the day at 12,795.96. The Nasdaq …
According to SeekingAlpha, the Dow Jones Equity REIT (real estate investment trust) Index rose quicker than popular stock averages until the beginning of 2007, then fell from a high above 360 to a low under 100, and for the last two years has been over 200. REITs are considered yield …
Update on 2012 Election Results & End of the 112th Congress By winning nearly every key swing state including Colorado, Ohio, Virginia and Wisconsin, President Obama was able to successfully hold off Governor Mitt Romney’s challenge and secure a second term. Additionally, given Democratic gains in the House and …
Investors were slightly buoyed by lawmakers initial statements that they are working on a deal to avoid the impending fiscal cliff at the end of the year, sending stocks higher. CNNMoney reports the Dow Jones Industrial Average gained +0.37 percent, +45.85 points, ending the week at 12,588.23. The Nasdaq advanced …
SacBee reports Eugene W. Landy, Chairman of the Board of MHC owner UMH Properties, Inc. says none of their four communities in the path the storm took suffered adverse impact, although some staff members did sustain personal damage. He says, “UMH is working with Federal and State agencies to provide …
Concerns over the fiscal cliff, double-dip recession in the Eurozone, and bombing of Gaza by Israel pushed investors away from stocks as all three indexes lost steam today. CNNMoney reports the Dow Jones Industrial Average lost -0.23 percent, -28.57 points, closing at 12,542.38. The Nasdaq dropped -0.35 percent, -9.87 points …
U.S. stocks dropped over one percent as fears over the impending fiscal cliff and renewed fighting in the Middle East provoked a sell off of stocks by investors. CNNMoney reports the Dow Jones Industrial Average lost -1.45 percent, -185.23 points, closing at 12,570.95. The Nasdaq dropped -1.29 percent, -37.08 points …
Continuing concerns about whether lawmakers will do what it takes to avoid the fiscal cliff overshadowed trading today as all three indexes closed down less than one percent. CNNMoney reports the Dow Jones Industrial Average nudged down -0.46 percent, -58.9 points, closing at 12,756.18. The Nasdaq lost -0.70 percent, -20.37 …
The BarrowCountyNews from Winder, Georgia reports two MHCs finally have their water back on after the owner, Affordable Housing Communities (AHC), paid thousands in back utility bills. Residents of Russell Village and Winder Village Mobile Home Parks had running water off and on Thursday and Friday of last week, but …
Stocks were stymied today by investors’ fears about the impending fiscal cliff as well as the debt crisis in Europe and Greece, as the three major indexes moved no more than 0.02 percent. CNNMoney reports the Dow Jones Industrial Average moved nowhere, closing at 12,815.16. The Nasdaq lost -0.02 percent, …
TMCnet reports SmarTrend ranks Equity LifeStyle Properties, Inc. (ELS) as the number one real estate investment trust (REIT) in sales growth, with a gain of 32.8 percent. Sun Communities, Inc., (SUI) ranks third with 19.2 percent sales growth. As MHProNews has leaned, SmarTrend analyzes 5,000 securities simultaneously throughout the trading …
Stocks began the day moving up on positive economic reports, but after President Obama spoke about raising taxes on the wealthy to help pay for the impeding fiscal cliff, they fell back, although still registering small gains. CNNMoney reports the Dow Jones Industrial Average nudged up +0.03 percent, gaining +4.07 …
Investors’ fears of political gridlock regarding the upcoming ‘fiscal cliff’ that could put the U.S. economy back into recession trumped a drop in first-time unemployment claims as well as a trade deficit that narrowed to $41.5 billion instead of expanding, putting the indexes in the red for today. CNNMoney reports …
Indexes Drop One Percent, most Tracked Housing Stocks Follow Read More
MHProNews has learned the 127-acre RV community Rainbow RV Resort in Frostproof, Fla. has been sold to Sun Communities, Inc. of Southfield, Mich. Brokered by Marcus & Millichap, Rainbow is located in central Fla. east of Tampa, and offers a large heated swimming pool, a 15,000 square foot modern clubhouse …
A sell off on Wall Street in response to President Obama’s victory amid concerns about the fiscal cliff he faces led to stocks spiraling down, as the three indexes dropped nearly two-and-a-half percent. CNNMoney reports the Dow Jones Industrial Average lost -2.36 percent, dropping 312.95 points, to close below 13,000 …
Blue Chip stocks advanced as Americans flocked to the polls, sending all three indexes into positive territory. CNNMoney reports the Dow Jones Industrial Average moved up +1.02 percent, gaining 133.24 points, to close at 13,245.68. The Nasdaq advanced +0.41 percent, +12.27 points to close at 3,011.93, while the S&P moved …
U.S. stocks nudged slightly higher the day before the toss-up presidential election, as CNNMoney reports the Dow Jones Industrial Average moved up +0.15 percent, gaining 19.28 points, to close at 13,112.44. The Nasdaq advanced +0.59 percent, +17.53 points to close at 2,999.66, while the S&P moved up +0.22 percent, +3.06 …
