Archive

Posts Tagged ‘deer valley homes’

Manufactured Housing – “Giants vs. Independents” – Tunica Talk – “You’ve Got to See This”

March 22nd, 2018 Comments off

ManufacturedHousingGiantsVsIndependentsTunicaManufacturedHousingShow2018TamasKovach

An independent manufactured home retailer walked up to the Daily Business News team in Tunica Wednesday to say, thank you” for the depth of coverage of the industry’s news.

A HUD Code home producer said, “I wish you’d tone it down a bit,” on the controversies, while expressing “appreciation for the unrivaled coverage of industry events not found anywhere else” in the manufactured home industry’s trade media.

Another independent retailer and his family approached the MHProNews squad during the lunchtime hospitality. He wanted to give his family and team members a chance to discuss what’s been taking place on finance related issues, such as the Government Sponsored Enterprises (GSEs) Duty to Serve (DTS).

TunicaManufacturedHousingShow2018-550

A long-time Manufactured Housing Institute (MHI) member said, “you [MHProNews] were right about HUD, Pam Danner, and Lois Starkey,” but took exception to the controversy surrounding the so-called “new class” of manufactured homes that MHI is promoting.

TunicaShow2018ManufacturedHousingIndustryDailyBusinessNewsMHProNews

Meanwhile, a veteran factory-built housing professional that had previously been “open minded” about MHI’s project for a “new class” of manufactured homes has after reading and doing his own research, turned against the plan (see Related Reports, linked below, for more details about these hot topics, plus more from the 2018 Tunica Show).

Rephrasing, the comments and reactions to the industry’s issues have run the gamut. From management team members in the industry’s biggest companies, to mom and pop operations and all others in between, the data and engagement reflects the pragmatic respect given to this MH Industry trade media resource.

FlatscreenTVBehindBarnDoorsTunicaManufacturedHousingShow2018DiningArea550

We are not wearing bold branded t-shirts, ball-caps or neon signs in Tunica. Part of what’s noteworthy is that lacking any identification of MHProNews other than the Tunica Show’s badge – which the wind routinely whips around – many professionals are eager to engage and express their views to the manufactured housing industry’s most popular and independent trade news.

IslandKitchensDailyBusinessNewsMHProNewsTunicaManufacturedHousingShow2018

 

You’ve Got to Read This…”

Walking through a display model for a new HUD Code producer, a retailer and his colleague from Texas engaged with us. “I used to forward your news emails to” his partner, with the message – “You’ve got to read this.”  Then he shared later email news updates, saying, “You’ve got to see this and read this one too.” That went on for some time, until his colleague signed up for his own email news.

TunicaManufacturedHousingShow2018FranklinHomesNTechIndustriesDailyBusinessNewsMHProNews

That same Texan said “We’re giving the giants a run for their money” in his market area.

They were looking for a non-Clayton producer to buy new homes from. “Why?” was our question. “Because of the issues raised in stories you’re reporting on, like the long-lead times” post-Harvey in Texas.

FranklinHomesTunicaManufacturedHousingShow2018DailyBusinessNewsMHProNews

You sure do keep it stirred up,” opined a straight-faced industry professional, who paused – adding “keep it up – followed by a slight smile.

Tony, I read every emailed news update, from top to bottom” said another retailer, with exhibitors and community professionals often saying something similar.

TamasKovachKidsRoomManufacturedHousingIndustryDailyBusinessNewsMHProNewsCappaert

 

Upbeat, But Aware…

Attendance is up slightly over last year, say show sources.

CappaertManufacturedHousingDailyBusinessNewsMHProNews

Independent producers are becoming more aware than ever of the trajectory of the industry, the causes of that trend, and are taking steps to address it, say industry sources.

Rain on Tuesday didn’t dampen traffic in the display homes, said several manufacturing exhibitors.  Wednesday was windy, but warmer and sunny.  Traffic in the homes was brisk.

DisplayModelTunicaManufacturedHousingShowTamasKovachAttendeeDailyBusinessNewsMHProNews

Tamas Kovach (pronounced like “TahMash CoVatch), is part of the MHProNews MHLivingNews family, with a Tunica Show attendee. Numerous such photos are taken during the course of the event.

The mood of attendees has been overall upbeat, association executives, and exhibitors told the Daily Business News. Comments from attendees made directly to the MHProNews confirmed those observations.

We’re more upbeat about the industry in some ways, but we are also more aware of the trajectory of the industry toward consolidation,” said an attendee.  “Those who don’t plan according to reality are in denial.”

HamiltonHomesNewHUDCodeManufacturedHomeBuilderTunicaShow2018DailyBusinessNewsMHProNews

 

Everyone Knows Your Name…

As one attendee said after another industry mom and pop couple stopped us to say hi, “It’s like a line out of the TV comedy, Cheers – where everyone knows your name.

PaulNationDailyBusinessNewsMHProNewsTunicaShow2018

Stopping to chat with industry professionals in Tunica, happy to have their photos shared.

Your son is getting taller, and stronger” said one after getting a hand-shake from Tamas Kovach.

MikeWnekManufacturedHousingIndustryDailyBusinessNewsMHProNews2018TunicaShow

KabcoManufacturedHomes2018TunicaShowDailyBusinessNewsMHProNews

The industry’s professionals “are hungry for real news, not happy talk” explained a factory-producer.

ChetMurhpreeDeerValleyHomesTunicaShow2018ManufacturedHousingIndustryDailyBusienssNewsMHProNews

Note: the photos are randomly placed, and should not be construed to match the commentary.

One attendee pointed to stacks of a new trade publication in high-visibility racks near the exhibit hall.  They appeared to be untouched.  “It’s not ‘rah rah’ that will help a company navigate the challenging waters of the industry,” said an exhibitor.

MHInsiderMagazineManufacturedHousingIndustryDailyBusinessNewsMHProNews

There are several websites and trade media that are de facto surrogates for MHI ‘news,’ per industry sources.  Those media routinely have far less engagement from the industry than what readers say is our “hard-hitting coverage on issues that matter to investors and professionals.” The proof is shown dramatically in images like the above. Racks like this posted near the entrance of the exhibit hall looked untouched, with every glossy magazine going unread. MH professional readers vote with their time, browsers and engagement – or lack of engagement.

The feedback in many ways confirms what calls and messages to MHProNews between events likewise reflects.

TinyHomesLegacyManufacturedHOusingIndsutryDailyBusinessNewsMHProNews

Naturally, not everyone agrees with everything that is spotlighted by our pro-industry publications. But reader feedback, along with analytical data, reflects the dominance of MHProNews over other trade mediaCandid, fact-base reports and analysis are reasons routinely cited by pros.

SunshineHomesRedBayALManufacturedHousingIndustryDailyBuisnessNewsMHProNews

The quality and appeal of today’s manufactured homes continues to rise. While prices are going up, so too are costs for conventional housing, so the percentage savings for a consumer buying a manufactured home vs. conventional housing remains favorable and strong. A rep from Fannie Mae told MHProNews that as a newcomer to the industry’s product, he is impressed with the quality and value. 

SunshineHomesRedBayALManufacturedHousingINdustryDailyBusinessNewsMHProNewsTunica2018

A post-Tunica report will be coming soon, which will break new ground on issues ranging from:

  • manufactured home lending,
  • association related,
  • new class of homes,
  • ongoing “consolidation” of the industry – and possible steps to address that challenge,
  • HUD and regulators at all levels,
  • marketing, sales, and image related issues, plus more.

SunshineHomesRedBayALManufacturedHousingIndustryDailyBusinessNewsMHProNewsTunica2018Show

It’s part of manufactured housing’s leading Industry News, Tips and Views Pros Can Use.” ©

The Tunica Show in 2018 has thus far confirmed what the Louisville Show did earlier this year. With the affordable housing crisis raging, how is it possible that the manufactured home industry sunk to such a low ebb?  Why are HUD Code manufactured homes  only rising slowly from it’s bottom in 2009?

It was summed up late last year by an industry executive, who said. “Tony, if MHProNews is writing about it, I want to know about it.” ## (News, analysis and commentary.)

Related:

DUTYtoServePaulBarrettoFannieMaeManufacturedHousingIndustryDailyBusinessNewsMHProNews550

Finance related news was made Tuesday in Tunica, click the image above or the link here to learn more.

Tunica Manufactured Housing Show, Photo Report, Day One

Tunica, Nashville Trade Shows and Manufactured Housing Glory Days

Manufactured Housing Association for Regulatory Reform Demands Clarification on “New Class” of HUD Code Manufactured Home

4 F’s and True Believers

4 Concerns of Homebuilders Have Impacting Every American

(Third party images, cites are provided under fair use guidelines.)

ThereAreOnly2WaysToLearnOwnOthersExperiencesLATonyKovachManufacturedHousingIndustryMHProNews-575x235By L. A. “Tony” Kovach,
award-winning consulting, publisher, web, video, recruiting, sales training, business development service provider.

MHLivingNews.com | MHProNews.com | Office 863-213-4090 |

Connect on LinkedIn:
http://www.linkedin.com/in/latonykovach

 

Which Manufactured Home Producer is the #1 Leader in the Hot Florida Market?

March 12th, 2018 Comments off

WhichManufacturedHomeProducer#1LeaderHotFloridaMarketDailyBusinessNewsMHProNews

It’s not the industry’s giant, Clayton Homes.

 

In fact, Clayton – which leads the nation by a wide margin in manufactured home retail and production – is nevertheless not number one in several individual states.

ManufacturedHomesMarketShareMHIMembersClaytonCavcoChampionDaiyBusinessNewsMHProNews

See related report, “Warren Wages War,” linked here.

The red-hot, sunny Florida housing marketplace is one of them.

According to reports from the Florida Manufactured Housing Association (FMHA), the top seller of both manufactured and modular homes in the state – based upon floor dues – is the independent producer, Jacobsen Homes.

JacobsenFloridaLeadingManufacturedHomeBu8ilderDailyBusinessNewsMHProNews

The rest of the field is as shown.

JacobsenFloridaLeadingModularHomeBu8ilderDailyBusinessNewsMHProNews

But note that per the FMHA data reported by Jacobsen, more than one company outsells Clayton in Florida.

It’s a reminder to those in or considering entry into HUD code manufactured housing that the Berkshire Hathaway owned industry leader  isn’t all-powerful.

Not just in Florida, but in other markets too, Clayton are being outperformed in a variety of locations across in the U.S. More on this topic in the days ahead, stay tuned.

New Manufactured Housing Production Results Report for January 2018

To see the top ten states in HUD Code manufactured housing production, click the linked report, above.  “We Provide, You Decide.” ©   ## (News, analysis, and commentary.)

EmailedMHProNewsHeadlineNewsDailyBusinessNewsDon’t be the last to know. Over 1,000 new subscribers in the past 2 months. Thousands More “Get It.”

Sign Up Today! Click here to sign up in 5 seconds for the manufactured home industry’s leading – and still growing – emailed headline news updates. You’ll see in the first issue or two why big, medium and ‘mom-and-pop’ professionals are reading these headline news items by the thousands. These are typically delivered twice weekly to your in box.

(Third party images, and cites are provided under fair use guidelines.)

Follow us on Twitter:
ManufacturedHomes
@mhmsmcom

SoheylaKovachManufacturedHomeLivingNewsManufacturedHousingIndustryDailyBusinessNewsMHProNews-Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.

Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

MHProNews is the most read publication in manufactured housing.

MHProNews56342Magazines32PagesEach2MillionPageViewsMastheadMHProNews

 

 

UMH leads, Manufactured Housing CompValue recovers, as broader Stocks close lower

August 31st, 2016 Comments off

DowTicker=creditCNNMoney8-31-2016-postedDailyBusinessNews-MHProNews-The S&P 500 snapped its 5 month winning streak today, says CNBC, with the energy sector down. Treasuries also retreated, following the ADP jobs report. A CNNMoney Op-Ed suggests that it is business that must lead the way to global recovery.

UMH Properties (UMH) led gainers, in the manufactured housing related report, below.

Daily Business News Market Tracker (Yahoo, CNBC):

DJIA closed at 18400.88, down -53.42 points or -0.29%.

NASDAQ continued down too, closing at 5213.22, losing -9.77 points or -0.19%.

S&P 500 finished the day at 2170.95, retreating -5.17 points or off -0.24%.

S&P500DowJIANasdaq3Tickers-creditYahoo-postedDailyBusinessNews-ManufacturedHousingIndustryProNews-

Yahoo Finance, Main 3 U.S. Markets Tickers, for Daily Business News, MHProNews.

 

The Yahoo! Finance Manufactured Housing Composite Value (MHCV) gained ground today, beating the broader markets, by rising 1.96 (+0.14  percent), and settled at $1,377.06.

8.31.2016 Manufactured Housing Composite Value Ticker.

YahooFinance-ManufacturedHousingCompositeIndexTicker-postedDailyBusinessNews-MHProNews-8-31-2016

Yahoo Finance Manufactured Housing Composite Value, on 8.31.2016 for the Daily Business News, MHProNews.

The MH-related tracked stocks biggest loser was Carlyle (CG) featured in a report linked here,  and the biggest gainer was UMH Properties (UMH), up 0.94 percent (see below).  ELS and Cavco had featured reports, see respective links for more details.

*Note: the chart below includes stocks not included in the MHCV

8.31.2016MarketReportcredit-BloombergTicker-DailyBusinessNewsManufacturedHousingIndustryRelatedStocks-MHProNews-

Credit, Bloomberg ticker for Daily Business News – MHProNews.

8.31.2016MarketReportcredit-BloombergTicker2-DailyBusinessNewsManufacturedHousingIndustryRelatedStocks-MHProNews-

Credit, Bloomberg ticker for Daily Business News – MHProNews.

 

Credit, Bloomberg ticker for manufactured housing industry connected stocks, to the Daily Business News MHProNews.

Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.  Drew, Patrick, UFPI and LP all supply manufactured housing, while AMG, CG and TAVFX have investments in manufactured housing related businesses. ##

(Image credits are as shown.)

l-a-tony-kovach-daily-business-news-mhpronews-

L. A. ‘Tony’ Kovach is the publisher of MHProNews.com and MHLivingNews.com.

(Editor’s Note: Matthew Silver is taking some much needed and well-earned time off, and L. A. “Tony” Kovach will be helping fill the Daily Business News role in the interim).

MH Industry Market Report by L. A. “Tony” Kovach, to the Daily Business News for MHProNews.

Carlyle Group Urged to Act, Indexes slip, CNBC says banks preparing for ‘Economic Nuclear Winter’

August 30th, 2016 Comments off
DowJIAvgCreditMarketWatch-DailyBusinessNewsMHProNews-

Graphic credit, MarketWatch.

Bankers are nervous over the UK’s Brexit, says CNBC, and they’re jittery of the fallout of that event.  Oil slides, reportedly over the strong dollar, but talk of a potential Clinton administration taxing fossil fuels even more is likely part of the mix.  Gold is losing its luster with their big fans. Bloomberg says Carlyle should invest more of that “dry powder” they have, see a report upcoming on the Daily Business News about CG.

Daily Business News Market Tracker (Yahoo, CNBC):

DJIA closed at 18454.30, after a fall of -48.69 points, or -0.26%.

NASDAQ had a slide too, closing at 5222.99, losing -9.34 points, or -0.18%.

S&P 500 finished the day 2176.12, giving back -4.26 points.

S&P500DowNasdaqtickercredit-Yahoo!PostedDailyBusinessNews-ManufacturedHousingConnectedStockReportMHProNews

Yahoo Finance, Main 3 U.S. Markets Tickers.

The Yahoo! Finance Manufactured Housing Composite Value (MHCV) gave back -4.71 percentage points, and finally settled at $1,391.40.

Yahoo!FinanceManufacturedHousingCompositeValue-8-3020-postedDailyBusinessNewsMHProNews

8.30.2016 Yahoo! Finance Manufactured Housing Composite Value Ticker.

The MH-related tracked stocks biggest loser was Third Ave (TAVFX), and the biggest gainer was Patrick (PATK) with a 1.90 percent climb to close at $64.45. Cavco was featured in a weekend report, linked here, and closed up.

*Note: the chart below includes stocks not included in the MHCV

ManufacturedHousingRelatedStocks8302016credit-BloombergWatchList-DailyBusinessNews-ManufacturedHousingIndustryMHProNews

Credit, Bloomberg ticker for Daily Business News – MHProNews.

ManufacturedHousingRelatedStocks8302016credit-BloombergWatchList-DailyBusinessNews2ManufacturedHousingIndustryMHProNews

Credit, Bloomberg ticker for manufactured housing industry connected stocks, to the Daily Business News MHProNews.

Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.  Drew, Patrick, UFPI and LP all supply manufactured housing, while AMG, CG and TAVFX have investments in manufactured housing related businesses. ##

(Image credits are as shown.)

l-a-tony-kovach-daily-business-news-mhpronews-

L. A. ‘Tony’ Kovach is the publisher of MHProNews.com and MHLivingNews.com.

(Editor’s Note: Matthew Silver is taking some much needed and well-earned time off, and L. A. “Tony” Kovach will be helping fill the Daily Business News role in the interim).

MH Industry Market Report by L. A. “Tony” Kovach, to the Daily Business News for MHProNews.

 

Manufactured Housing CompValue slips, 3 Markets Rise, but Oil Retreats

August 29th, 2016 Comments off

DowClosingTicker8292016-postedDailyBusinessNews-ManufacturedHousingIndustryMarketReport-MHProNews-U.S. stocks are adjusting to an expected Federal Reserve rate hike, MarketWatch reports.

CNBC, which was panned for its GOP primary debate moderation in 2015, is now playing the role of cheerleader for Hillary Clinton’s presidential hopes, saying Wall Street expects her to win over Trump in November. Trump ally, Carl Icahn watches Herbalife rise after he grew his stake, and oil is slumping again.

Daily Business News Market Tracker (CNBC):

Symbol Price Change %Change
DJIA 18502.99 107.59 0.58%
NASDAQ 5232.33 13.41 0.26%
S&P 500 2180.38 11.34 0.52%
Yahoo3MarketsIndexTickers-8-2902016-postedDailyBusinessNews-MHProNews-

Yahoo Finance, Main 3 U.S. Markets Tickers.

The Yahoo! Finance Manufactured Housing Composite Value (MHCV) gave back -4.71 percentage points, and finally settled at $1,391.40.

8-2902016-YahooFinanceManufacturedHousingCompositeValueManufacturedHousingIndustryRelatedStocks-DailyBusinessNewsMHProNews

8.29.2016 Yahoo! Finance Manufactured Housing Composite Value Ticker.

The MH-related tracked stocks biggest loser was Third Ave (TAVFX)and the biggest gainer was Patrick (PATK) with a 1.90 percent climb to close at $64.45. Cavco was featured in a weekend report, linked here, and closed up

*Note: the chart below includes stocks not included in the MHCV

ManufacturedHousingIndustryRelatedStocks-tickercreditBloomberg-postedDailyBusinessNewsMHProNews

Credit, Bloomberg ticker for Daily Business News – MHProNews.

ManufacturedHousingIndustryRelatedStocks-tickercreditBloomberg2postedDailyBusinessNewsMHProNews

Credit, Bloomberg ticker for Daily Business News – MHProNews.

Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.  Drew, Patrick, UFPI and LP all supply manufactured housing, while AMG, CG and TAVFX have investments in manufactured housing related businesses. ##

(Image credits are as shown.)

l-a-tony-kovach-daily-business-news-mhpronews-

L. A. ‘Tony’ Kovach is the publisher of MHProNews.com and MHLivingNews.com.

(Editor’s Note: Matthew Silver is taking some much needed and well-earned time off, and L. A. “Tony” Kovach will be helping fill the Daily Business News role in the interim).

MH Industry Market Report by L. A. “Tony” Kovach, to the Daily Business News for MHProNews.

Deer Valley Homebuilders Leaps, Dow Dips, MHCV Slips

August 26th, 2016 Comments off
8-26-2016DowTickerCNNMoney-postedDailyBusinessNews-MHProNews

Image credit, CNN Money.

The brakes are being tapped on stocks, as Fed Chair Janet Yellen has said that the odds of a rate hike have strengthened. Talk of negative rates, as well as two possible rate hikes this year are being floated. Oil, gold, the Dow and S&P 500 have all retreated, while the Nasdaq posted a modest gain.

Daily Business News Market Tracker:

Dow 18,395.40 -53.01 -0.29.

S&P 500 2,169.04 -3.43 -0.16.

Nasdaq 5,218.92 6.71 0.13.

8262016ImagecreditBloomberg-postedDailyBusinessNews-MHProNews

Image credit, Bloomberg.

The Yahoo! Finance Manufactured Housing Composite Value (MHCV) gained -1.27 percentage points, and finally settled at $1,396.10.

YahooFinanceManufacturedHousingCompValue-8262016-postedDailyBusinessNewsMHProNews

 

The MH-related stocks biggest loser was UMH Properties (UMH), and the biggest gainer was Deer Valley Homebuilders (DVLY) with a 9.09 percent climb to close at $105.40. Affiliated Managers Group (AMG) was featured in a special report today, linked here, and their day closed up.

*Note: the chart below includes stocks not included in the MHCV

2016-08-26_1645Bloomberg-ManufacturedHousingConnectedStocks-PostedDailyBusinessNews-MHProNews

2016-08-26_1645Bloomberg-ManufacturedHousingConnectedStocks-PostedDailyBusinessNews-MHProNewsB

Manufactured Housing related stocks tickers credit, Bloomberg, for the Daily Business News, MHProNews.com

Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.  Drew, Patrick, UFPI and LP all supply manufactured housing, while AMG, CG and TAVFX have investments in manufactured housing related businesses. ##

(Image credits are as shown.)

(Editor’s Note: Matthew Silver is taking some much needed and well-earned time off, and L. A. “Tony” Kovach will be helping fill the Daily Business News role in the interim).

l-a-tony-kovach-daily-business-news-mhpronews-

L. A. ‘Tony’ Kovach is the publisher of MHProNews.com and MHLivingNews.com.

MH Industry Market Report by L. A. “Tony” Kovach, to Daily Business News for MHProNews.

Cavco leads in Manufactured Housing, Broader Markets Continue to slide

August 25th, 2016 Comments off

DowMarketTicker-8252016creditMarketwatch-postedDailyBusinessNews-MHProNewsIn today’s markets, the Dow Jones logged its lowest close in the past 3 weeks. The U.S. Dollar joined the herd of key indicators that are worried about the Fed’s Chair, Janet Yellen’s, upcoming speech. MarketWatch also reported that SEC fines 13 investment firms for advertising false performance claims, and that Dollar store results suffer from pressures on low-income consumers.

Daily Business News Market Tracker:

DowSPNasdaqMarketTicker-8252016creditMarketwatch-postedDailyBusinessNews-MHProNews

 

The Dow Jones Industrial Average lost -33.07 points to close at 18,448.41.

The S&P 500 dropped -2.97 points and closed at 2,172.47.

NASDAQ closed at 5,212.20.

The Yahoo! Finance Manufactured Housing Composite Value (MHCV) gained +9.80 points and finally settled at $1,414.04.

YahooFinanceManufacturedHousingCompositevalue8252016-postedDailyBusinessNewsMHProNews

The MH-related stocks biggest loser was Skyline Corp (SKY) closing at $11.15 due to a -2.19% drop and the biggest gainer was Cavco Industries (CVCO) with a 1.91 percent climb to close at $105.40.

*Note: the chart below includes stocks not included in the MHCV

ManufacturedHousingIndustryConnectedStocks-8252016-creditBloomberg-postedDailyBusinessNews-MHProNews-

ManufacturedHousingIndustryConnectedStocks-8252016-creditBloomberg-postedDailyBusinessNews-MHProNewsB-

Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.  Drew, Patrick, UFPI and LP all supply manufactured housing, while AMG, CG and TAVFX have investments in manufactured housing related businesses. ##

(Image credits, MarketWatch, Bloomberg, Yahoo! Finance.)

FrankGriffinDailyBusinessNewDBNwriterMHProNewsManufacturedHousingIndustryNews75x75

Frank Griffin, Daily Business News, MHProNews.

MH Industry Market Report by Frank Griffin, to Daily Business News for MHProNews.

Skyline Climbs Upwards – Manufactured Housing CompValue Drops, along with broader Markets

August 24th, 2016 Comments off

DowTicker8242016creditMarketWatch-postedDailyBusinessNews-MHProNews-The S&P 500 closed at its lowest level in two weeks. As news about struggles of insurers in ObamaCare exchanges continue and experience fallout, the health-care sector’s drag on U.S. stocks caused them to close at the lowest level since Aug.4. MarketWatch also reported that the U.S. Dollar is continuing to drift lower as investors wait for the Fed’s Yellen’s upcoming announcement.

Daily Business News Market Tracker:

3MajorMarketsClose8242016creditMarketWatch-postedDailyBusinessNews-MHProNews-

The Dow Jones Industrial Average lost -65.82 points to close at 18,481.48.

The S&P 500 dropped -11.46 points and closed at 2,175.44.

NASDAQ closed at 5,217.69.

The Yahoo! Finance Manufactured Housing Composite Value (MHCV) lost -13.33 points and finally closed at $1,404.23.

 

YahooFinanceManuHousingCompValue8242016-postedDailyBusinessNews-MHProNews-

Yahoo Finance Manufactured Housing Composite Value on 8-24-2016.

 

The MH-related stocks biggest loser was Sun Communities, closing at $75.76 due to a -1.94% drop. The biggest gainer was Skyline Corp., with a 7.65 percent climb to close at $11.40.

*Note: the chart below includes stocks not included in the MHCV

ManufacturedHousingIndustryRelatedStockTickers-creditBloomberg-postedDailyBusinessNews-MHProNews-

ManufacturedHousingIndustryRelatedStockTickers-creditBloomberg-postedDailyBusinessNews-MHProNews-b

Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.  Drew, Patrick, UFPI and LP all supply manufactured housing, while AMG, CG and TAVFX have investments in manufactured housing related businesses. ##

(Image credits, MarketWatch, Bloomberg.)

FrankGriffinDailyBusinessNewDBNwriterMHProNewsManufacturedHousingIndustryNews75x75

Frank Griffin, Daily Business News, MHProNews.

MH Industry Market Report by Frank Griffin, to Daily Business News for MHProNews.

Skyline Leads, Housing Data and New Home Sales Push Stocks

August 23rd, 2016 Comments off

DowTickerCreditMarketWatch-postedDailyBusinessNews-8.23.2016The S&P 500 and Nasdaq close near records as housing data reports helped boost stocks. Treasury yields higher as investors wait for Fed Chair Yellen’s announcement on rates. MarketWatch also informs that the rise in new home sales fueled stocks to book modest gains.

Daily Business News Market Tracker

3marketsTickerCreditMarketWatch-postedDailyBusinessNews-8.23.2016

The Dow Jones Industrial Average gained 17.88 points to close at 18,547.30.

The S&P 500 inched up 4.26 to 2,186.90.

NASDAQ closed at 5,260.08.

Yahoo!ManufacturedHousingCompValueMHStocks-8-23-2016-postedDailyBusinessNewsMHProNews-

The Yahoo! Finance Manufactured Housing Composite Value (MHCV) gained +16.30 points to finish at 1,417.56. The MH-related stocks biggest loser was Nobility Homes closing at $15.00, due to a -3.23% drop, and the biggest gainer was Skyline Corp with a 5.48 percent climb to close at $10.59.

*Note: the chart below includes stocks not included in the MHCV

8232016ManufacturedHousingRelatedStocksTicker=creditBloomberg-postedDailyBusinessNews-MHProNews

8232016ManufacturedHousingRelatedStocksTicker=creditBloomberg-postedDailyBusinessNews-MHProNews-b

Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.  Drew, Patrick, UFPI and LP all supply manufactured housing, while AMG, CG and TAVFX have investments in manufactured housing related businesses. ##

(Image credits, MarketWatch, Bloomberg.)

FrankGriffinDailyBusinessNewDBNwriterMHProNewsManufacturedHousingIndustryNews75x75

Frank Griffin, Daily Business News, MHProNews.

MH Industry Market Report by Frank Griffin, to Daily Business News for MHProNews.

Broader Markets Tumble as MHCV Inches Up, Led by UFPI

August 22nd, 2016 Comments off

DowTickerCreditMarketWatch-postedDailyBusinessNewsMHProNews-8-22-2016-The Dow and the S&P 500 end lower as oil’s recent winning streak come to a close. Nasdaq closes up, while Treasury yields drift lower. MarketWatch  also reports that CFPB fines Wells Fargo $4 million for deceptive student loans.

Daily Business News Market Tracker:

The Dow Jones Industrial Average dropped -23.15 points – closing at 18,529.42.
The S&P 500 down -1.23 to 2,182.64.
NASDAQ closed at 5,244.60.

3MarketTickerClosing-CreditMarketWatch-postedDailyBusinessNewsMHProNews-8-22-2016-

This and top graphic credit, MarketWatch.

** Yahoo’s Manufactured Housing Related Index Components **

Manufactured Housing
Composite Value
^YHOH811 1,401.26

+7.66

(+0.55%)

The Yahoo! Finance’s Manufactured Housing Composite Value (MHCV) gained 7.66 points to finish at 1,401.26.

The MH-related stocks biggest loser was Affiliated Managers Group closing at $140.72 and the biggest gainer was Universal Forest Products with a 1.82 percent climb to close at $107.65.

*Note: the chart below includes stocks not included in the MHCV.

ManufacturedHousingMarketTicker-credit-Bloomberg-postedDailyBusinessNews-MHProNews-8.22.2016a

ManufacturedHousingMarketTicker-credit-Bloomberg-postedDailyBusinessNews-MHProNews-8.22.2016b

Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.  Drew, Patrick, UFPI and LP all supply manufactured housing, while AMG, CG and TAVFX have investments in manufactured housing related businesses. ##

(Image credits, MarketWatch, Bloomberg.)

FrankGriffinDailyBusinessNewDBNwriterMHProNewsManufacturedHousingIndustryNews75x75

Frank Griffin, Daily Business News, MHProNews.

MH Industry Market Report by Frank Griffin, to Daily Business News for MHProNews.