CNNMoney reports the Dow Jones Industrial Average dropped sharply as investors worry that the European debt crisis may yet sail west to U.S. shores, falling 248.85 points to 11547.31, a loss of 2.11 percent. The Yahoo! Finance Manufactured Housing Composite Value followed the path, losing -3.43 percent to close at 813.80. Most all tracked housing stocks closed down. Affiliated Managers Group 86.48 -3.38 (-3.78%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 112,055.00 -835.00 (-0.74%). Cavco Industries 43.51 -1.53 (-3.40%). Champion, Deer Valley, Liberty and Palm Harbor were all unchanged. Drew Industries 21.24 -0.68 (-3.10%). Equity Lifestyle Properties 60.54 -1.26 (-2.04%). Nobility Homes 6.51 -0.12 (-1.81%). Patrick Industries was the most volatile of our tracked stocks, percentage-wise, moving down -9.43 percent, -0.25, to close at 2.40. Skyline Corporation 6.18 -0.35 (-5.36%). Sun Communities 34.97 -1.22 (-3.37%). Third Avenue Value Fund (11-18) 41.31 -0.11 (-0.27%). UMH Properties 9.47 -0.03 (-0.32%). Of our tracked stocks, Universal Forest Products, Inc., was the only one in the plus column, gaining +0.27 percent, +0.07, to close as 26.30.
