Modest good news from Europe concerning the debt crisis stoked the Dow Jones Industrial Average early today, but disappointing manufacturing and real estate news pushed the Dow to lose 20.81 points, closing at 12,632.91. The Nasdaq gained +0.07 percent while the S&P lost -0.05 percent, according to CNNMoney. However, it …
Best January Dow Since 1997; Patrick Gains Nearly Eight Percent Read More
CNNMoney tells us with Greek leaders still not reaching a debt relief bill, investors regained some of last week’s losses but continued to shy away from the market as the Dow Jones Industrial Average lost -6.74 points, -0.05 percent, to close at 12,653.72. The NASDAQ fell -0.16%, while the S&P …
Dow Loses One-half Percent; Housing Stocks Mostly Slip Read More
A student-led team from the University of Calgary has been chosen to take part in the U.S. Department of Energy Solar Decathlon for the third consecutive time, pitting its unique housing concept against another Canadian team and entries from across the United States and around the world. Team Alberta’s concept …
University of Calgary Begins Work on Solar Modular Read More
The Dow finished the last day of the week 74 points lower, on news that the U.S. grew at a slower pace than expected in the fourth quarter. The Yahoo Manufactured Housing Composite Index added one percent, and most watched stocks fell in line. Among those manufactured housing and related …
According to the Chronicle-Express, New York’s Neighborhood and Rural Preservation Program that helps people replace aging mobile homes with energy-efficient manufactured homes may be eliminated. MHProNews.com has learned Gov. Andrew Cuomo says it will save the state $12 million. The Keuka Housing Council (KHC) in Yates County has been helping …
Less than spectacular domestic economic data and ongoing concerns about the debt crisis in Greece kept investors shy, as CNNMoney the Dow Jones Industrial Average fell 22.33 points, -0.18 percent, to close at 12,734.63. The NASDAQ fell -0.46%, while the S&P lost -0.57%. Similarly, the Yahoo! Finance Manufactured Housing Composite …
Dow Jones Waffles Down, Tracked Stocks Close Mixed Read More
The Dow rose along with many manufactured housing stocks Wednesday as the Federal Reserve signaled low rates through at least late 2014. Futures began in the red but fortunes changed with the Fed announcement. The Yahoo Finance Manufacture Housing Composite ended hump day up more than five percent. Those stocks …
The Greek debt in particular and the ongoing debt crisis in Europe overshadowed trading on Wall Street, as CNNMoney reports the Dow Jones Industrial Average fell 33.07 points, -0.26 percent , to end the day at 12,675.75. The NASDAQ gained 0.09 percent, while the S&P fell -0.10 percent. Meanwhile the …
European Cloud Continues Gloomy, while Mfg. Housing Composite Gains Read More
Mortgage Bankers Association (MBA) chief executive David Stevens, noting the current 20 percent downpayment requirement is “a direct attack on first-time homebuyers, African-American borrowers and Latinos”, says it will make it more difficult to attract teachers, firefighters, and healthcare workers to new jobs in communities. NationalMortgageNews tells MHProNews.com Stevens says …
Reuters informs MHProNews.com that real estate investment trust (REIT) Sun Communities, Inc. (NYSE:SUI) of Southfield, Michigan will release its fourth quarter 2011 earnings statement on Thursday, Feb. 23, 2012 before the market opens. At 11 AM that same morning a conference call will be held to discuss the earnings statement. …
Still stymied by the specter of Greek debt, investors backed off as all three indexes registered minor movement on either side of break even. CNNMoney reports the Dow Jones Industrial Average fell 11.66 points, -0.09 percent, to close at 12,708.82. The NASDAQ fell -0.09%, while the S&P gained +0.05 percent. …
Greek Tragedy Haunts Dow, while Patrick Industries Nicely Rises Read More
Easton, MA is poised to join six other southeastern MA communities by instituting rent controls in MHCs. By-laws that regulate rents, evictions, and minimum standards of operation are under the auspices of a town-appointed board. Boston tells MHProNews.com a 1994 referendum in MA eliminated most forms of rent control, but …
Common Denominator for Six Massachusetts Towns May Soon Include Seventh Read More
Despite ongoing talks about resolving the Greek debt, CNNMoney reports the Dow Jones Industrial Average rose 96.5 points, +0.76 percent, to close at 12,720.48. The NASDAQ fell -0.06%, while the S&P gained +0.07 percent. The Yahoo! Finance Manufactured Housing Composite gained +2.89 percent to close at 806.3. Tracked housing stocks …
All Three Stock Indexes Gain 2% for Week; Mfg. Housing Composite Breaks 800 Mark Read More
Stocks rose Thursday as claims for jobless benefits last week dropped to the lowest level in almost four years. That’s one rung on the economic recovery ladder, but adding to the chorus of need for improvement in the housing market, former Alcoa CEO and Treasury Secretary Paul O’Neill tells Bloomberg …
From Kansan.com, MHProNews.com learns that the existence of what the authors refer to as a mobile home park is under threat by the pending development of student housing. The community known as Gaslight Village could be replaced by housing developed by Austin, Texas-based developer Aspen Heights, which according to the …
Positive news from the housing market helped move stocks ahead Wednesday with the Dow closing nearly 100 points higher. The latest National Association of Home Builder’s index revealed a confidence level for the single family housing market not seen since 2007. The index is still half of what signals a healthy market. …
The stock market began the week with positive news from global markets. The Chinese economy grew at an annual rate of 8.9 percent the last quarter, a German sentiment index showed positive results, and manufacturing grew in the New York region. CNNMoney tells MHProNews the Dow Jones Industrial Average gained …
MHProNews has learned from the Orlando Sentinel that a developer who was denied the right to site 1,500 manufactured homes in Volusia County on Florida’s east coast on a 1,033 acre tract in 2002 is trying again. Plantation Oaks of Ormond Beach LLC would border a very scenic route of …
Stocks moved down slightly as investors witnessed a fall in fourth quarter earnings for JPMorgan Chase and the credit rating for several European countries was downgraded. CNNMoney reports the Dow Jones Industrial Average lost 48.96 points, -0.39 percent, to close at 12,422.06. The NASDAQ fell -0.51%, and the S&P dropped …
Dow Slips at Week’s End; Housing Stocks Close Mixed Read More
From RE Journals.com, MHProNews.com learns that Apartment Realty Advisors of Atlanta recently closed the sale of a 16-property manufactured-home community portfolio containing 5,919 land-lease home sites. The portfolio includes land-lease sites in Arizona, Texas, Michigan and Colorado. Hometown America was the seller. Dallas and Chicago-based Amerian Manufactured Communities REIT, the …
