Homebuilders Show a Bit More Confidence U.S. home builders were more optimistic about the housing market in December due to an increase in interest from prospective buyers. The National Association of Home Builders/Wells Fargo builders sentiment index rose two points to 21, the highest level since May 2010. Still, any …
Wall Street was in the doldrums most of the day, but managed to close four points in the positive. The Yahoo Finance Manufactured Housing Composite Value closed higher, however, up 3.3 percent. The bulk of individual stocks watched were also up. Allied Managers Group added .47cents a share (.5 percent) …
CNNMoney reports the Dow Jones Industrial Average surged over 300 points on positive news from the housing market, and as overhanging fears about the European debt crisis subsided. The Dow climbed throughout the day, gaining 337.17 points, +2.87 percent, to close at 12,103.43. The Yahoo! Finance Manufactured Housing Composite Value …
A delegation of MHARR Board officials and staff met on December 14, 2011 with Government National Mortgage Association (GNMA) President Theodore W. Tozer and other senior GNMA executives to address GNMA’s securitization requirements for Federal Housing Administration (FHA) Title I manufactured housing loan originators and the negative unintended consequences of …
Productive MHAAR- GNMA opens window of opportunity on FHA Read More
CNNMoney reports the Dow Jones Industrial Average dropped steadily during the trading day as investors continue to fear the impact of the Eurozone debt crisis on the global banking market. The Dow fell -100.13 points, -0.84 percent, to close at 11,766.26. The Yahoo! Finance Manufactured Housing Composite Value lost 2.10 …
Euro Debt Crisis Looms over Dow as MH Composite Drops Read More
Following up on a story from Dec. 6, 2011, Daily-Times reports from Farmington, New Mexico, the San Juan County Commissioners passed an ordinance requiring new MHC and RV developments to have their waste systems approved by the New Mexico Environment Department (NMED). Dennis McQuillan, Liquid Waste Manager with NMED, says …
The Dow ended flat today, with the S&P and Nasdaq rising modestly. The Yahoo Finance Manufactured Housing Value however was off by more than five and a half percent. The day did have its gainers. Affiliated Managers Group closed up $1.08 (1.19 percent) to close at $91.53. Drew Industries closed …
From Housingwire, MHPronews.com has learned that Median home list prices have risen more than four percent over last year. The National Association of Realtors reported Thursday that while list prices are up, there are distinctions to be made in different parts of the country. The median list price edged down by …
MarketWatch reports real estate investment trust (REIT) Sun Communities, Inc., announced its board of directors declared a dividend of $0.63 a share for the fourth quarter 2011. Payable Jan. 20, 2012, Sun has 21.8 million shares outstanding. The company owns and operates 156 manufactured housing communities with 54,000 sites. The …
CNNMoney reports claims for jobless benefits fell to a three-year low, inching the Dow Jones Industrial Average up 45.33 points, +0.39 percent, to close at 11,868.81. Continuing fears about the Eurodebt crisis kept the Dow from advancing further. The Yahoo! Finance Manufactured Housing Composite Value gained nearly the same percentage, …
Dow Edges Up; Skyline, UFPI most Active of Tracked Stocks Read More
Stocks closed lower for the third consecutive day Wednesday as concerns about the financial situation in the European Union weighed on the market. One of the biggest decliners on the New York Stock exchange was Skyline Corp., which fell 15.4 percent to $5.06 a share. The company recovered some of …
Stocks Close Down for Third Consecutive Day, MH Follows Read More
CNNMoney reports the Dow Jones Industrial Average rallied well during the day, but dropped upon word the Federal Reserve did not lower interest rates, and Germany’s chancellor rejected the idea of a larger bailout. The Dow lost 66.45 points, -0.55%, closing at 11,954.94. The Yahoo! Finance Manufactured Housing Composite Value …
NationalMortgageNews reports in the wake of the housing industry crisis, homeowners associations (HOAs) are having to rely in some cases on special assessments to make up for vacant units in foreclosure or otherwise unoccupied. Normally HOAs levy a monthly or yearly assessment to help pay for snow and trash removal, …
CNNMoney reports the Dow Jones Industrial Average dropped steadily during the trading day as the Eurozone debt crisis worried investors again. The Dow inched a little higher toward day’s end, managing to stay above the 12,000.00 mark at 12,021.39, losing 162.87 points, or 1.34 percent. The Yahoo! Finance Manufactured Housing …
Euro Debt Drops Dow; MH Stocks Mostly Sink Slightly as Well Read More
The KentReporter in Kent, Washington, reports as part of a project to preserve 600 units of affordable housing in King County, the Bonel Mobile Manor manufactured housing community in Kent will receive $1.53 million from the King County Housing Finance Program to renovate the community and maintain low-income housing. Located …
Agreement among European leaders on a new deal to solve the European debt crisis sent the Dow higher by 186 points Friday. Yahoo’s Manufactured Housing Composite Value rose by more than three percent. Affiliated Managers Group added $2.27 (2.43 percent) to close at $95.85. Berkshire Hathaway, parent company to Clayton …
WGMD reports members of the First State Manufactured Housing Association (FSMHA) donated $1000 worth of items to be distributed to food banks in Sussex County, in southern Delaware, and another $445 of provisions to restock food pantries in Kent County. “I am very proud that our Members appreciate the value …
CNNMoney reports the Dow Jones Industrial Average dropped nearly 200 points on news the the Euro debt crisis continues in limbo. The Dow dropped 198.67 points, -1.63 percent, to close at 11,997.70. The Yahoo! Finance Manufactured Housing Composite Value gained +0.54 percent to close at 805.30. Most tracked housing stocks …
Dow Falls After Euro Bank Official Refuses Assistance to Troubled Countries Read More
Stocks fluctuated throughout the day Wednesday with the Dow ending 43 points higher. The Manufactured Housing Composite Value ended up 5.5 percent. The biggest movers were Cavco Industries and Skyline Corporation, both ending the day with more than six percent added to their value. Cavco’s price crossed above its 15 …
CNNMoney reports the Dow Jones Industrial Average edged up 83.93 points as investors heard talk of Eurozone leaders assembling a rescue fund to help debt-ridden economies, gaining +0.69 percent to close at 12,181.76. The Yahoo! Finance Manufactured Housing Composite Value fell -0.03 percent to close at 758.60. Tracked housing stocks …
Investors Optimistic Euro Debt Crisis Will Resolve Soon Read More
