In following up on stories published here May 3 and May 5 ,The Los Angeles Central Coast Democrat reports that California Assembly member Bill Bonning (D-Carmel) is delaying his Assembly Bill 579 (AB 579) that would reimburse local governments legal fees when their rent control laws, or other regulations regarding …
Bill to Reimburse Local Governments for Rent Control Challenges on Hold Read More
The Dow fell just over 100 points today to 12,595.75, ending the week 89 points lower than it began, as most housing stocks fell also. Sun Communities closed up .70 percent, but Skyline Corporation dropped 3.76 percent, MSCI lost 2.50 percent, Cavco dropped 1.98 percent, UMH lost 1.46 percent, and …
Dow Drops as Investors Step Back, and Housing Stocks Fall Read More
The Dow fell 130.33 points from a sell-off in gasoline and oil futures to close at 12,630.03, as most all housing stocks closed down. UMH gained .29 percent, but it was the only one on the plus side. Palm Harbor Homes dropped 23.33 percent, Skyline Corporation lost 4.37 percent, Cavco …
Dow Stumbles from Energy Sell-off, Most Housing Stocks Follow Read More
The Dow rose for the third straight day upon news of Microsoft buying Skype and positive corporate earnings reports, and most housing stocks gained as well. The Dow gained .60 percent to close at 12,760.36. In housing stocks, Palm Harbor gained 3.45 percent, Sun Communities was up 2.74 percent, Skyline …
The Dow rose 45.94 points as oil and commodity prices rose from an early morning low to close at 12,684.68. In housing stocks, UMH was up .99 percent, Equity Lifestyle Properties gained .98 percent, Sun Communities rose .90 percent and MSCI gained .56 percent. Palm Harbor Homes lost 17.14 percent, …
Dow Rebounds from Early Sell-off as Housing Stocks Close Mixed Read More
A stronger than expected employment report was tempered by a Euro sell-off that gave the Dow a modest advance of 54.57 points to close the week at 12,638.74, while housing stocks closed mixed. Cavco was up 3.53 percent and MSCI gained 2.21 percent. Meanwhile, Skyline Corporation dropped 1.22 percent, Equity …
Dow Registers Modest Gain, Housing Stocks End Week Mixed Read More
The Dow dropped 139.41 points to end the day at 12,584.17 as worries of unemployment caused sell-off. Housing stocks ended the day mixed. Morgan Stanley Consumer Index gained 2.35 percent, Equity Lifestyle Properties was up .34 percent, United Mobile Homes gained .20 percent and Sun Communities was up .18 percent. …
Fears Drive Dow Down, While Housing Stocks End the Day Mixed Read More
In a communication from American Land Lease, Inc., MHMSM.com learned of the company’s newest community brand, Clearview Communities, an all-age community with many fitness and social activity opportunities and amenities that appeal to the higher-end manufactured housing resident. Operating out of Clearwater, Florida, this real estate investment trust (REIT) owns …
New Community Springs from Large Land Lease Operator Read More
The Dow fell 83.93 points to close at 12,723.58 as news of less than expected job creation in April took its toll, as housing stocks closed mixed. MSCI gained 2.29 percent, and Cavco was up 1.57 percent. Nobility Homes lost 2.77 percent, and Equity Lifestyle Properties fell .51 percent. Palm …
Dow Falls on Job Creation News, While Housing Stocks Close Mixed Read More
Leagle reports Manufactured Housing Communities of Arizona, Inc. (MHCA), an organization representing community owners, is suing Gene Palma, the Director of the Arizona Department of Fire, Building and Life Safety. MHCA seeks to overturn a ruling requiring the owners of Cherokee Village MH and RV Park to reimburse home owners …
Arizona MH/RV Community Lawsuit Involves Wrangling Over Gas Lines Read More
The Dow just barely stayed in the plus column as energy stocks kept a damper on the market, gaining .15 percent to end at 12807.51, as housing stocks closed down or even. Palm Harbor lost 14.29 percent, Cavco was down 6.03 percent, Skyline Corporation dropped 2.87 percent, MSCI fell 1.10 …
Dow Stays Slightly in Plus Column as Housing Stumbles Read More
Stocks fell slightly .02 percent on news of economic reports, following news of Osama bin Laden’s death, to close at 12,807.36. Most all housing stocks closed down, except Palm Harbor, which gained 20.69 percent. Cavco dropped 3.74 percent, Sun Communities fell 1.51 percent, MSC dropped .31 percent, Equity Lifestyle Properties …
U.S. Stocks Slip Slightly, Housing Stocks Mostly Stumble Read More
From Pennsylvania, Lancaster Online spoke with emergency management officials concerning tornado preparedness in southeastern Pennsylvania, in the wake of the devastating tornadoes in the southern U.S. The area has several land lease communities, and is the single area in the state where tornadoes historically have struck. The Lancaster County Emergency …
On strong earnings from blue chip manufacturer Caterpillar, the Dow gained 62.19 points to close at 12,810.16. In housing stocks, Equity Lifestyle Properties was up .10 percent, and Skyline Corporation gained .46 percent. Others closed down or flat: Sun Communities was minus .72 percent, Cavco dropped .68 percent, and both …
The Dow rose 72.35 points to close at 12,763.31 as investors ignored mixed earnings reports and disappointing economic news. Housing stocks closed mixed, with Sun Communities gaining 2.18 percent, Nobility Homes moved up 1.69 percent and Equity Lifestyle Properties gained .35 percent. Palm Harbor lost 3.33 percent, Skyline Corporation moved …
Dow Moves Up Again, But Housing Stocks Not as Strong Read More
The Dow moved up to its highest level since 2008, gaining 95.59 points, to close at 12,690.96. Housing stocks closed mixed or even. Nobility Homes gained 1.76 percent, Sun Communities was up 0.42 percent, Equity Lifestyle gained 0.30 percent, Palm Harbor lost .25 percent, and Skyline Corporation was down .05 …
Dow Moves to Highest Point in Three Years, Housing Stocks Mixed Read More
Las Vegas, NV – April 27, 2011. Joe Stegmayer (Chairman & CEO, Cavco Industries and present Chairman, MHI) addressed the attendees at MHI’s 2011 Congress & Expo in Las Vegas, NV. He noted that Land Lease Communities (LLCs) have done better than most sectors of the housing industry, which has …
Opening Remarks of MHI Chairman Joe Stegmayer at Vegas Congress Read More
The Oakdale Patch of Minnesota reports that Rep. Nora Slawik of the Minnesota House of Representatives has introduced bill number HF1430 to provide low-cost mediation when residents of a manufactured home community have a disagreement with community owners. In the past, many communities have been family-owned and were responsive to …
Legislation Would Provide Legal Recourse for Community Disputes Read More
The Dow closed slightly down today from mixed results among stocks, and in anticipation of the Federal Reserve statement scheduled for later this week. It finished the day minus 26.11 points to close at 12,479.88. In housing stocks, Nobility Homes gained 3.25 percent, Cavco and ELS were both up .37 …
Strong earnings reports propelled the Dow to gain .42 percent to close up at 12,505.99, almost a three-year high. Housing stocks mostly closed down for the day. Sun Communities was up .59 percent, but Skyline Corporation lost 2.80 percent, Cavco was down 1.43 percent, Nobility Homes dropped 1.00 percent, United …
Dow Closes Near Three-Year High, Most MH Stock Down Read More
