CNNMoney reports all three indexes moved down very slightly on a quiet trading day at the New York Stock Exchange as the Dow Jones Industrial Average lost -3.56 points, -0.03 percent, to close at 13,271.64. The Nasdaq fell -0.01 percent to 3,076.21, while the S&P remained basically unchanged at 1,418.13. …
Yahoo!Canada reports Reuters says The Villages in central Florida, the largest retirement community in the world and one of the largest land lease communities in the country with thousands of manufactured homes among the 40,000 houses spread over 20,000 acres, hosted (presumed) Republican vice presidential candidate Paul Ryan who brought …
Noting Europe is on vacation most of August, CNNMoney reports U. S. stocks ended a quiet week with a quiet day as the Dow Jones Industrial Average gained 25.09 points, +0.19 percent, to close at 13,275.20. The Nasdaq gained +0.46 percent to 3,076.59, while the S&P moved up +0.19% to …
northescambia tells MHProNews approximately 25 percent of the dwellings in Century, Florida are manufactured homes and the town is considering methods to regulate their placement and condition. Of the 203 units in this town, located in the panhandle very near the Alabama line, sixty percent are pre-1995 and only 25 …
CNNMoney reports U. S. stocks moved up today, fueled in part by news that Cisco Systems posted a larger quarterly profit than expected, as the Dow Jones Industrial Average gained 85.33 points, +0.65 percent, to close at 13,250.11. The Nasdaq gained +1.04 percent to 3,062.39, while the S&P moved up …
The Truth in Lending Act (TILA) was set up to promote informed use of consumer credit and increase transparency by requiring disclosures about its costs and terms. A joint group of federal agencies that oversee truth-in-lending concerns, including the Consumer Financial Protection Bureau (CFPB), are proposing to amend Regulation Z, …
MH Excluded from Definition of Higher-Risk Mortgage Loans Read More
Consumer prices held steady in July, according to the Bureau of Statistics, and inflation remains low, both good signs for the economy, as investors sifted through economic data and continue to hope for stimulus from the Federal Reserve, according to CNNMoney. Meanwhile, U. S. stocks moved little, as the Dow …
Tracked Housing Stocks Move Little, except Nobility’s Drop Read More
Continuing concerns about the growth of the global market gave investors pause, keeping trading volume down, as the Dow Jones Industrial Average drifted lower, losing -38.52 points, -0.29 percent, to close at 13,169.43. According to CNNMoney, the Nasdaq actually gained +0.05 percent to 3,022.52, while the S&P lost -0.13% to …
SanteePatch reports from Santee, California that the city’s 12 manufactured housing communities account for 12 percent of all the homes in this town just east of San Diego. Seven of the MHCs are 55+ communities, and in 1989 the city enacted a rent control ordinance which has been successfully upheld. …
With Chinese exports only up one percent since a year ago and declining U.S. import and export prices, lackluster investors hit the pause button amid fears of a global slowdown. The three indexes gained slightly, but none was above one-third of a percentage point. CNNMoney reports the Dow Jones Industrial …
More Housing Stocks Lose than Gain, as Dow Nudges Up Read More
Volume on the New York Stock Exchange was light today as investors digested a better-than-expected drop in initial jobless claims, a narrowed trade deficit, and a surprise decline in wholesale inventories, according to CNNMoney. The three main indexes remained at their highest levels since May as the Dow Jones Industrial …
As follow-up to a story we published this Monday, Aug. 6 about YES! Communities purchase of 42 MHCs comprised of 10,500 home sites from American Residential Communities (ARC), also of Denver, the NewsObserver reports from North Carolina ten of the communities and 2,500 of the home sites are in Greensboro …
YES! Says “Yes” to Better Service for Community Residents Read More
The StatesmanJournal reports from Aumsville, Oregon city officials are trying to comply with a state ordinance that permits recreational vehicles long-term stays in manufactured housing communities. Current city code prohibits long-term stays because chemicals in RV holding tanks kill bacteria that processes raw sewage in the city sewer system. State …
Investors counting on global central banks to support the market sent the three indexes to their highest mark since early May, according to CNNMoney. The Dow Jones Industrial Average was up +0.39 percent, +50.71 points, to 13,168.22, while the Nasdaq gained +0.87 percent to 3,015.86, while the S&P moved up …
Nobility Rises, Skyline Falls, as the Three Indexes Gain Read More
Joe Kelly of the Iowa Manufactured Housing Association tells MHProNews Denver-based YES! Communities and real estate investment firm Stockbridge Capital Group of San Francisco have purchased a portfolio of 42 manufactured housing communities from American Residential Communities (ARC), also of Denver. The 10,500 home sites, located in Iowa, Illinois, Nebraska, …
CNNMoney reports Investors, buoyed by the upbeat jobs report and lower costs of borrowing in Spain and Italy, nudged the Dow Jones Industrial Average up 21.34 points, +0.16 percent, to end the day at 13,117.51. The Nasdaq moved up +0.74 percent to close at 2,989.91, while the S&P gained +0.23 …
Investors roared their approval at the announcement of 163,000 new jobs created in July, just under 100,000 more than in June, sending the Down Jones Industrial Average soaring as it gained 217.29 points, +1.69 percent, ending the week at 13,096.17, according to CNNMoney. Likewise the Nasdaq advanced a full 2.00 …
MarketWatch reports Southfield, Michigan-based Sun Communities, Inc. announces it has purchased Northville Crossing manufactured housing community just west of Northville, MI including personal property, inventory and chattel loans for $32.3 million cash. The 756 site MHC is a multi-section community established within the last 15 years. As MHProNews has learned, …
CNNMoney reports European Central Bank president Mario Draghi did not announce definite plans to help solve Europe’s debt crisis, sending U.S. stocks into a downward slide. The Dow Jones Industrial Average fell -92.18 points, -0.71 percent, to close at 12,878.88. The Nasdaq also fell, dropping -0.36 percent to 2,909.77, while …
Investors turned back from the markets today after the Federal Reserve shied away from offering another stimulus package, as the Dow Jones Industrial Average slipped below the 13,000 mark to close at to 12,976.13, losing -32.55 points, -0.25%. CNNMoney tells us the Nasdaq also fell, dropping -0.66% to 2,920.21, while …
