A weak August jobs report left investors with added hope that the Federal Reserve will provide more stimulus when it meets next week, as the three major indexes made very minor gains. CNNMoney says the Dow Jones Industrial Average gained +0.11 percent, +14.64 points, to 13,306.64. The Nasdaq moved up …
Weak Jobs Report Dampens Dow; UFPI Rises, Nobility Falls Hard Read More
The European Central Bank’s bond-buying plan and better-than-expected job market data in the U.S. spiked a rally on Wall Street that sent the three indexes to their best numbers in years, as the Dow Jones Industrial Average ended the day at its highest level since Dec. 2007. The Dow gained …
Dow’s Spike Advances some Housing Stocks, but not Across the Board Read More
Killam Properties, Inc., in its expansion efforts outside Atlantic Canada, announces it has acquired a four building, 244-unit apartment portfolio in Ottawa, Ontario, bringing its overall total to 11,638 apartment units. Based in Halifax, Nova Scotia, Canada, MHProNews has learned Killam owns and operates over 50 manufactured housing communities comprising …
The three major indexes did not move more than 0.19% up or down today as investors waited to hear whether the European Central Bank will protect the Euro, and what the U.S. jobs report due out on Friday will yield. The Dow Jones Industrial Average gained +0.09 percent, +11.54 points, …
The Three Indexes Move Little; Patrick Gains, Louisiana Loses Read More
Manufacturing activity dropped for the third consecutive month and construction activity slowed, sending the Dow Jones Industrial Average down to 13,035.94, losing -54.90 points, -0.42 percent, according to CNNMoney. The Nasdaq gained slightly, moving up +0.26 percent to 3,075.06, while the S&P lost -0.12% to 1,404.94. The Yahoo! Finance Manufactured …
Roger Bull’s Sunday Notebook in jacksonville reports the sale of two manufactured housing communities in Jacksonville, Florida to Rufus & Roxy LLC of Bainbridge Island, Washington. An extensive Google search led to the owner, Scott Fallows, who bought Sunny Oaks North Mobile Home Park and Briarwood Mobile Home Estates, which …
Hodge Named MHI Vice President – National Communities Council MHI President and CEO Richard Jennison announced yesterday that Jenny Hodge has been named MHI’s Vice President – National Communities Council. Hodge, formerly Vice President of Marketing for the American Integrity Insurance Group of Tampa, Fla., will be responsible for creating, …
In a speech at Jackson Hole, Wyoming Fed Chairman Ben Bernanke hinted that the Fed is ready to provide additional stimulus to the economy, which boosted the three indexes for the end of the week and month. CNNMoney reports the Dow Jones Industrial Average moved up 90.2 points, +0.69 percent, …
Housing Composite, Most Tracked Housing Stocks Gain Read More
SacBee reports from the unincorporated town of Thermal in California’s Eastern Coachella Valley, residents of the Sunbird Mobile Home Park filed a complaint with the California Public Utilities Commission claiming excessive water bills and arsenic-contaminated water, which resulted in a bill passed by the state legislature allowing residents in such …
Positive economic indicators during the week, including signs that the economy grew faster than originally reported and that the housing market is improving, put the damper on investors hoping Ben Bernanke will offer more stimulus in his speech tomorrow, driving the three major indexes down. CNNMoney reports the Dow Jones …
The three major indexes moved up slightly today on the heels of the Federal Reserve’s report that regional economic activity improved, and another report showed pending home sales had reached their best level in two years. CNNMoney reports the Dow Jones Industrial Average gained +12.24 points, +0.09%, to end at …
Patrick Ind. Gains Again; Indexes Improve Modestly Read More
Better-than-expected housing market news and anticipation of the fed chairman’s remarks due Friday kept U.S. stocks in mixed limbo today, making small change in either direction, as the three major indexes moved 0.17% or less. CNNMoney reports the Dow Jones Industrial Average fell -21.68 points, -0.17%, to end at 13,102.99. …
Patrick Ind. Gains, Three Major Indexes Barely Budge Read More
Two of three residential real estate investment trusts (REITs) recommended as having a good yield by Marc Gerstein at seekingalpha are MHC owners. Noting the tight lending standards for potential homebuyers, the accompanying unpredictable job market, and the rise in the rental market, Gerstein says UMH Properties appeals to people …
Investors, hoping for some word of stimulus from central banks, shied away from much activity today, reflected in the three indexes which moved less than one quarter of a point in either direction. CNNMoney reports the Dow Jones Industrial Average fell -33.3 points, -0.25%, to end at 13,124.67. The Nasdaq …
Nobility Active Moving Up, Most Everything Else Ho-Hum Read More
Investors reacted to a letter from Federal Reserve Chairman Bernanke stating there is more room for stimulus to help the economic recovery, pushing all three indexes up, although they still lost ground for the week overall. CNNMoney reports the Dow Jones Industrial Average gained +100.51 points, +0.77%, to end the …
Nobility Leads Housing Stocks Charge, Gaining 8.37% Read More
sussexcountian reports from Georgetown, Delaware manufactured housing communities are becoming a hot topic in the race for the state representative seat in District 37. A “rent justification” bill that would have required approval from the Governor’s Advisory Council on Manufactured Housing for any increase in rent at an MHC beyond …
According to a study published in RVBusiness, Indiana ranked as the best state in the Midwest and the fifth best nationwide in which to do business, as noted by the Polllina Corporate Top Ten Business States of 2012 in conjunction with the American Economic Development Institute. In its ninth year, …
A surprise jump in jobless claims, a slowdown in manufacturing growth in China, and disappointing sales and revenue forecasts from Hewlett-Packard pulled down the Dow Jones Industrial Average -115.3 points, -0.88%, to end at 13,057.46, according to CNNMoney. The Nasdaq dropped 0.66 percent to 3,053.40, while the S&P fell -0.81% …
CNNMoney reports the three main indexes rebounded from a low to close mixed following the release of Federal Reserve minutes which may indicate the Fed will offer more stimulus to the economy. The Dow Jones Industrial Average closed down -30.82 points, -0.23%, to end at 13,172.76. The Nasdaq rose 0.21 …
CNNMoney reports the Dow Jones Industrial Average briefly rose to its highest level in four years before retreating, finally closing down -68.06 points, -0.51%, to end at 13,203.58. The Nasdaq fell -0.29 percent to 3,067.26, while the S&P fell -0.35% to 1,413.17. The Yahoo! Finance Manufactured Housing Composite fell -0.72% …
