Stocks advanced modestly Friday and the Yahoo Finance Manufactured Housing Composite Value added more than six percent. Some individual stock gains approached ten percent. All but one watched stock advanced. The lone decliner was Nobility Homes, which closed down .28 cents (3.59 percent) to $7.51 a share. Advancing stocks included …
As hope spread among investors that only one hurdle remained to Greece’s restructuring of debt, U.S. stocks picked up a little steam as CNNMoney tells MHProNews.com. The Dow Jones Industrial Average gained +.55 percent, 70.61 points, to end the day at 12,907.94.The Nasdaq moved up +1.18 percent to close at …
Patrick Vaults, Louisiana Pacific Rises, Dow Nudges Up Read More
Stock market indexes headed up again towards the 13,000 mark Wednesday and the Yahoo Finance Manufactured Housing Composite Index added nearly three percent. Most individual stocks also advanced. Affiliated Managers Group, Inc. added $1.70 (1.63 percent) to arrive at $106.13. Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH …
CNNMoney tells MHProNews.com the Dow Jones Industrial Average nosedived as investors responded to weak economic data from Europe and backed off. Despite the Dow losing 203.66 points, 1.52 percent, and closing at 12,759.15, the Dow is actually up 4.4 percent for the year. The Nasdaq also dropped, falling 40.16 points …
CNNMoney tells MHProNews.com the Dow Jones Industrial Average edged down on reports that China lowered its anticipated market growth. Last year it grew 9.5 percent, but is not expected to exceed 7.5 percent this year. The Dow lost -0.11 percent to end the day at 12,962.81. The Nasdaq moved down …
Cavco Ind. and MH Composite Gain while Dow Stutters Read More
Stocks closed modestly lower Friday with most manufactured housing and related stocks following suite. The Yahoo Finance Manufactured Housing Composite Index also closed down– by more than three percent. Individual stocks closing lower include Allied Managers Group, down .36 cents (.33 percent) to $107.63; Clayton Homes, Vanderbilt Mortgage and Finance, …
According to a new report, present day mobile homes are increasingly being considered permanent dwellings for the middle-income individuals, in many parts of the world, and the sector contributes significant revenues to the entire housing industry. The Manufactured Homes segment within the prefabricated housing market, is the most competitive category …
Positive news about jobless claims and retail spending initially sent the market up, but an index of manufacturing activity tempered the news, although the Dow Jones Industrial Average still managed to climb 28.23 points, +0.22 percent, to end the day at 12,980.30, according to CNNMoney. The Nasdaq moved up +0.74 …
Dow Edges Up, MH Composite Moves Down, Tracked Housing Mixed Read More
The Fed said the economy expanded at a modest pace in the early parts of 2012, but that wasn’t enough to excite the markets. The Dow ended the day down nearly half a percent and the Yahoo Finance Manufactured Housing Composite Value ended down more than three percent. Individual stocks …
Despite an unexpected sizable drop in durable goods orders, CNNMoney tells MHProNews.com the Dow Jones Industrial Average crossed the 13,000 mark for the first time in almost four years to close at 13,005.12, gaining 23.61 points, +0.18 percent. The Nasdaq moved up +0.69 percent, +20.60 points, to end the day …
Dow Crosses 13 Grand and Sticks; Housing Stocks Mostly Down, but Mixed Read More
The Great Southwest Home Show, billed as the World’s Largest Indoor Manufactured Home Show, is packing a wallop of seminars, forums, and workshops in addition to all the vendors and homes from the nation’s foremost manufacturers. March 1 and 2 will be Industry Days with workshops ranging from new financing …
Top National News Prototype of Standardized Monthly Mortgage Statement Is Released The Consumer Financial Protection Bureau on Feb. 13th released a prototype for a proposed standardized mortgage servicer statement designed to provide easy-to-understand information to borrowers. The new one-page document will include information such as maturity date; prepayment penalty; …
The index of pending home sales according to the National Association of Realtors (NAR) rose to its highest level since April 2010 when home buyers could still take advantage of the tax credit, propelling the Dow Jones Industrial Average to flirt once again with the 13,000 mark. CNNMoney tells MHProNews.com …
Housing News Propels Dow; Housing Composite Moves Up Read More
The Dow remained essentially flat, down .01 percent, Friday while the Yahoo Finance Manufactured Housing Composite Index took another tumble, closing down nearly three percent. Fortunes smiled on some individual stocks, however, Affiliated Managers Group, Inc. added .91 cents (.86 percent) to close at $107.07; Clayton Homes, Vanderbilt Mortgage and …
From California and the San Diego Union-Tribune, MHProNews.com learns that voters there will vote in June on whether to enact vacancy decontrol, which allows current tenants to keep low rents but would allow park owners to charge as they see fit when the homes change hands. According to the report, …
Groups Raising Funds for Battle Over Vacancy Decontrol Read More
Good news from Germany’s economy and positive U.S. economic data powered all three indexes to positive news for the trading day. CNNMoney tells MHProNews.com the Dow Jones Industrial Average moved up 46.02 points, + 0.36 percent, to close at 12,984.69. The Nasdaq gained 23.81 points, to end the day at …
Sun Communities, Inc., reports for the year ending 12-31-2011 its FFO (funds from operations) increased from $2.97 per diluted share in 2010 to $3.13 per share in 2011, a gain of 5.4 percent. Same site net operating income was up 3.6 percent. Revenue producing sites increased by 732 for year …
Chicago-based Green Courte Partners, LLC, has confirmed the new managing director of their MHC acquisitions arm, Bill Glascott, is moving over from a similar position he held at Hometown America, LLC, a company Green Courte’s Chairman Randy Rowe helped found. MarketWatch tells MHProNews.com during his twelve years at Hometown Glascott …
Stocks declined Wednesday in response to economic reports and while one of those reports showed gains in home sales, several prominent site builders including Toll Brothers and KB Homes saw share price declines. The Yahoo Finance Manufactured Housing Composite Value lost more than four percent. Losing ground Wednesday were Affiliated …
A recent Associated Press story featured manufactured home owner and Appalachia resident Donna Robirds of Mount Orab, Ohio. The focus of the story is on the aging population in the region. Robirds is 67 and lives on a fixed-income. Nationally, the article notes, people 65 and over are expected to …
