Slowing economic growth in the global economy led to modest declines in U.S. stocks. CNNMoney reports the Dow Jones Industrial Average inched up +0.14 percent, +18.97 points, to close at 13,596.93. The Nasdaq fell -0.21 percent to 3,175.96, while the S&P lost -0.05 percent to close at 1,460.26. The Yahoo! …
Following-up on a story we published Aug. 7, 2012 regarding measures passed by the Marion, North Carolina City Council July 17 to regulate placement and structural standards of new manufactured housing, mcdowellnews reports the council voted unanimously to repeal the new rules. Local real estate agent Mark Shuman pointed out …
CNNMoney says investors shifted their interest to the oil market where prices have fallen to a one month low, away from the dimness of the stock market. The Dow Jones Industrial Average inched up +0.10 percent, +13.32 points, to close at 13,577.96. The Nasdaq gained +0.15 percent to 3,182.62, while …
Like the Three Indexes, Movement Minor of Tracked Housing Stocks Read More
Washington, D.C., September 19, 2012 – The Manufactured Housing Association for Regulatory Reform (MHARR) has issued a joint, bi-partisan appeal to the Democrat and Republican presidential nominees, President Obama and Governor Romney, to take action as the next president of the United States to help revitalize the manufactured housing industry as …
menafn says MHC owner Equity LifeStyle Properties, Inc. (ELS) declares all shareholders of its 8.034% series A cumulative redeemable perpetual preferred stock will receive a redemption notice entitling them to receive $25 per share for outstanding shares as of Oct. 18, 2012. In addition, shareholders will receive 0.094846 in unpaid …
Renewed concerns about the European debt crisis and global economic slowdown kept investors on the sidelines in today’s trading. CNNMoney says investors are more interested in the new iPhone due out Friday, as the three major indexes barely moved. The Dow Jones Industrial Average inched up +0.09percent, +11.54 points, to …
heraldonline tells MHProNews the Manufactured Housing Association for Regulatory Reform (MHARR) issued a bi-partisan appeal to President Obama and Republican presidential candidate Mitt Romney to assist in revitalizing manufactured housing as a form of affordable homeownership for millions of Americans of modest means to achieve the dream of owning their …
Prairiebizmag reports Red Lake Falls, Minnesota based Homark Homes is building two dormitory-style man camps for a Goldcorp, Inc. gold mine near Musselwhite, Ontario, Canada. Built to house 76 workers, each building consists of 16 modular units connected to form a two-story residence hall 28 feet wide by 282 feet …
CNNMoney reports trading was light Monday as investors continue to digest the Federal Reserve’s decision to stimulate the economy coupled with Rosh Hashanah, the start of the Jewish New Year. All three major indexes remained unchanged. The Dow Jones Industrial Average was 13,553.10, the Nasdaq stayed at 3,178.67, while the …
Skyline, Louisiana Pacific Active as Three Indexes Snooze Read More
Palmbeachpost reports from Jupiter, Florida that the town council will consider a proposal to close Whitehaven Seniors Adult Park and build multi-family rental units and a shopping center on the 29 acres. The developer, Jupiter-based FLF 1030 LLC, would be required to pay the town $336,000 toward affordable housing programs …
Multi-family Units, Shopping Center to Replace MHC Read More
The Federal Reserve announced it will buy $40 billion of mortgage-backed bonds each month for as long as it deems necessary to stimulate the economy, and the three indexes responded with smiles, each posting somewhat modest gains. CNNMoney reports the Dow Jones Industrial Average advanced +0.40percent, +53.51 points, to end …
Housing Composite, Tracked Housing Stocks all Smiling Read More
dailycamera reports from Lafayette, Colorado just north of Denver residents of Arbordale Acres MHC are upset over new clauses inserted in their leases this summer that prevents them from subletting their homes. Additionally, a home is considered abandoned if it is not sold or occupied by an approved tenant within …
therealdeal informs MHProNews that Sam Zell, CEO of Equity Lifestyle Properties, Inc. has taken the helm of Equity International in the wake of the sudden departure of its CEO and co-founder Gary Garrabrandt, and chief strategic officer Thomas McDonald. Equity International primarily invests in or buys existing real estate companies …
Sudden Resignations Put Zell Back in Driver’s Seat Read More
The Federal Reserve’s new bond-buying plan shook the cobwebs loose from the stock market, rallying the Dow and the S&P to their highest closing levels since Dec. 2007, and the Nasdaq rose to its highest point since Nov. 2002. CNNMoney reports the Dow Jones Industrial Average spiked 1.55 percent, 206.51 …
All Three Indexes Rally Big; Housing Stocks close Mixed or Even Read More
Benzinga says UMH Properties, Inc. has announced it has acquired two manufactured housing communities in Ohio for $5.9 million, bringing their ownership of MHCs to 55 communities comprised of approximately 10,400 homesites. The 280 sites, situated on 62 acres, average 89 percent occupancy. UMH President Samuel A. Landy says the …
Joe Kelly, executive vice-president of the Iowa Manufactured Housing Association (IAMHA), informs MHProNews that the Iowa Department of Revenue has notified local governments that land lease communities are not structured to qualify as co-ops under Iowa Code 499A. As a residential classification, co-ops pay only about half the taxes of …
After falling to 13,320 earlier in the day and then climbing quickly to just over 13,360, CNNMoney says the Dow Jones Industrial Average finally settled for a very modest gain of +0.07 percent, +9.99 points, to end hump day at 13,333.35. The Nasdaq edged up +0.32 percent to 3,114.31, while …
Nobility Spikes; Housing Composite, other Tracked Stocks Move Little Read More
CNNMoney says caution continued to hover in the wind on Wall Street as investors awaited word from the European market and the Federal Reserve later this week, but this time sending the Dow Jones Industrial Average up to 13,323.36, gaining +69.07 points, +0.52 percent. The Nasdaq edged up +0.02 percent …
CNNMoney says caution was the word on Wall Street as investors awaited word from the European market and the Federal Reserve, sending the Dow Jones Industrial Average down to 13,254.29, losing -52.35 points, -0.39 percent. The Nasdaq also fell, dropping -1.03 percent to 3,104.02, while the S&P lost -0.61 percent …
Dow Edges Down while Cavco and Housing Composite Rise Read More
sgvtribune reports from El Monte, California in the San Gabriel Valley an initiative on the November ballot will repeal a voter-approved measure that provides a ten percent discount to qualifying seniors who live in some of the MHCs in El Monte. The measure also gives the city council authority to …
