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MHC to be Replaced by UK Students

Following up on a story we covered Jan. 19, 2012, HutchNews reports from Lawrence, Kansas the rental housing planned for University of Kansas students to replace the 241  site Gaslight Mobile Home Village is still being negotiated, as homeowners have begun moving out. Mid-America Manufactured Housing Communities will pay residents’ …

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Looming European Gloom Overshadows Shiny Facebook Offering

All three U.S. stock market indexes notched their worst week of 2012. The Dow Jones Industrial Average is down 3.5% for the year, falling -73.11 points today, -0.59%, to end the week at 12,369.38. CNNMoney reports continuing concerns about global markets kept investors on the sidelines. The Nasdaq dropped -1.24 …

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MHI to Announce Staff Changes

Sources tell MHProNews.com that MHI will announce a staff change today. Rae Ann Bevington, who has filled the role of Vice President of Legislative Affairs at the Manufactured Housing Institute (MHI), MHI-PAC director and other duties is leaving to take on a new association role with ACA International, an international …

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Tracked Housing Stocks Take a Beating

CNNMoney reports continuing concerns about the possible fallout if Greece cannot implement austerity measures, and has to pull out of the Eurozone, pounded down all three indexes in trading today. The Dow Jones Industrial Average fell -157.65 points, -1.25 percent, to close at 12,440.90. The Nasdaq dropped -2.10 percent to …

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Three Major Indexes Fall, but Skyline Corp. Rises

CNNMoney reports the increase in U.S. housing starts and growth in industrial production was overshadowed by continuing uncertainty regarding the political and financial situation in Greece, reducing gains made earlier in the day as all three U.S. stock indexes fell. The Dow Jones Industrial Average fell -33.45 points, -0.26 percent, …

Three Major Indexes Fall, but Skyline Corp. Rises Read More

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MHCC AO Suspends Services Due to Non-Payment by HUD

 </div MAY 15, 2012 TO:         MHARR MANUFACTURERS MHARR TECHNICAL REVIEW GROUP (TRG) MHARR STATE AFFILIATES FROM:    DANNY D. GHORBANI RE:         MHCC AO SUSPENDS SERVICES DUE TO NON-PAYMENT BY HUD The National Fire Protection Association (NFPA), the Administering Organization (AO) of the …

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All Three Indexes Fall; Most Tracked Housing Stocks Follow Suit

Good economic growth news from Germany was tempered by the failure of the Greek politicians to come with a coalition government, with investors fearing that if Greece does not make its debt payments next month, it could trigger multiple problems for the Eurozone. The Dow Jones Industrial Average fell one-half …

All Three Indexes Fall; Most Tracked Housing Stocks Follow Suit Read More

NH Program Helps MH Residents Save Energy

The U.S. Dept. Of Energy has contributed $600,000 to Southern New Hampshire Services project to weatherize 100 homes in Exeter’s four MHC Co-ops. The Regional Greenhouse Gas Emissions Reduction Fund through the N.H. Public Utilities Commission is donating $2 million for the program to expand to 425 homes in 20 …

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Triad CEO Glisson Appointed to Board

InsuranceNewsNet says Don Glisson, Jr. Chairman and CEO of Triad Financial Services has been appointed to the Board of Governors of the state-run Citizens Property Insurance Corp. by Florida Chief Financial Officer Jeff Atwater. Citizens offers insurance to homeowners who cannot obtain coverage through private markets, many of whom live …

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Killam Partners with Overseas Company

As part of the agreement it signed last year with Killam Properties of Canada, Kuwait Finance House (KFH) announces it has acquired its second residential property in Canada, the 146 unit Kanata Lakes Apartments in Ottawa, for $42.5 million. As ArabianBusiness tells MHProNews.com, the first joint venture with Killam was …

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Nobility Shines, Most Tracked Housing Stocks Decline

Investors worries abut the financial and political landscape in the Eurozone and concerns for the U.S. banking system in light of JPMorgans’ loss of $2 billion, dropped the Dow Jones Industrial Average -0.98 percent, -125.25 points, to close at 12,695.35. CNNMoney also reports the Nasdaq dropped -1.06 percent to 2,902.58, …

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Cavco Rises, Skyline Falls, Nobility Snoozes

The rise of consumer confidence to a four-year high and the stability of the inflation rate in April overshadowed the $2 billion trader loss at JPMorgan. CNNMoney reports the Dow Jones Industrial Average nudged down 34.51 points, just over a quarter of a percent, to end the week at 12,820.53 …

Cavco Rises, Skyline Falls, Nobility Snoozes Read More

Neither Tracked Stock Nor housing Composite Rock the Boat

CNNMoney reports the Dow Jones Industrial Average edged up +0.16 percent on a drop in jobless claims but continuing problems in Europe, closing at 12,855.04 The Nasdaq dropped -0.04 percent to 2,933.64, while the S&P gained one quarter of a percent, to 1357.99. The Yahoo! Finance Manufactured Housing Composite fell …

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Cavco Climbs, Nobility Flat, Dow Drops

CNNMoney reports the Dow Jones Industrial Average dropped 97.03 points on continuing problems in Greece and Spain, at one time falling to 12,750, but finally rallying back to only losing -0.75 percent, closing at 12,835.06 The Nasdaq dropped -0.39 percent to 2,934.71, while the S&P closed down -0.67 percent, to …

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Deer Valley Leaps Again, Skyline Flies, Dow Drops

CNNMoney reports the Greek stock market fell 3.6 percent today, as that country’s uncertain political situation kept investors lined against the wall on U.S stocks. All three of the indexes lost ground today, as the Dow Jones Industrial Average dropped 76.44 points, -0.59 percent, to end the day at 12,932.09. …

Deer Valley Leaps Again, Skyline Flies, Dow Drops Read More

Dow Recovers Early Losses; Louisiana Pacific Rises Nicely

CNNMoney reports the Dow Jones Industrial Average bounced back from losses early in the day as investors sifted for the significance of leadership change in France and Greece. The Dow nudged down 29.74 points, -0.23 percent, remaining just above thirteen thousand at 13,008.53. The Nasdaq gained slightly, +0.05 percent, to …

Dow Recovers Early Losses; Louisiana Pacific Rises Nicely Read More

Mfg. Housing Composite Drops nearly Five Percent

CNNMoney reports the Dow Jones Industrial Average dropped 168 points on news of tepid job growth for April, losing -1.27 percent, to end the week at 13,038.27 The Nasdaq lost even more, -2.25 percent to drop below the 3,000 mark at 2,956.34, while the S&P also closed down, -1.61 percent, …

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Co-ops Descend on White House

Sys-ConMedia reports 29,000 cooperative businesses nationwide will be represented when 150 leaders of the National Cooperative Business Association (NCBA) gather at the White House May 4 with top policy makers to discuss their roles in job creation and business development in their communities. Liz Bailey, CEO of NCBA says cooperatives …

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Most Tracked Housing Stocks Follow Dow Down

All three indexes edged down on anticipated tepid news about the job market report due to be released tomorrow, and the downturn of the service sector of the economy for April. CNNMoney reports the Dow Jones Industrial Average edged down -0.47 percent, -61.98 points, to end the day at 13,206.59. …

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