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Industry in Focus Reporter Eric MillerRaces important to the manufactured housing industry seemed to be tightening Tuesday as Americans went to the polls. Receiving a morning endorsement from the Elkhart Truth and news of ever decreasing margins, Indiana Congressman Joe Donnelly awaited the outcome of his race with opponent Jackie Walorski. Election projection.com favored Donnelly by just one percent. As late as October 26, the lead for Donnelly was five points or more. In Nevada, polls showed Sharon Angle was up one to three points on Senate Majority Leader Harry Reid.

Some websites providing up-to-date polling information including electionprojection.com failed to load, indicating overwhelmed servers Tuesday afternoon.

All 435 seats in the House of Representatives were up for the vote, with Republicans needing a net gain of 39 to take control. In the Senate, 37 of 100 seats were to be decided. Listening to Sean Hannity's show Tuesday afternoon would give you the impression Democrats weren't turning out in the numbers needed. That could have been bad news for Donnelly and Reid.

The first projected victory of the night came in for Kentucky Tea Party favorite Rand Paul. In the closely watched races in Indiana, early results showed both Baron Hill and Joe Donnelly trailing opponents. With seven percent of precincts reporting, Donnelly had 38 percent of the vote compared to 57 percent for Walorski. Baron Hill was trailing his opponent Todd Young, 42 percent to 53 percent. Also early in the evening, another Tea Party favorite, Marco Rubio, was projected to have won his race for the Senate in Florida. Despite claims that Delaware's Christine O'Donnell had been closing the gap with Democrat Chris Coons, this was one race called early against the Tea Party.

With 66 percent of precincts reporting, Donnelly had moved ahead 48 percent to 47 percent for Walorski. With 54 percent of precincts reporting, Hill was still trailing Young, however, 40 percent to 55 percent. By 9 p.m., most other House races in Indiana had been called for Republicans. With 93 percent of precincts reporting, Donnelly maintained the one point lead, but still the race hadn't been called. At 99 percent Donnelly was still in the lead with less than 700 votes standing between a win and defeat. I was following ABC News and listening to NPR coverage, and hadn't heard the race called, but at 9:33 Donnelly's Facebook page came up with a message that said, "I am honored to have the opportunity to serve the great people of north central Indiana in Congress for another term." At 9:50 the margin had widened favoring Donnelly, but ABC News still hadn't called the race. At 9:55 ABC News called the race for Donnelly.

In Massachusetts with 28 percent of precincts reporting at 9 p.m., Barney Frank had a comfortable lead of 67 to 31 percent. With 65 percent of precincts reporting the race was called for Frank, 61 percent to 37 percent, far above the 10 percent lead he had held in recent polls. 

Races as they were called:

8:50 p.m. Blanche Lincoln (D-AR) Lost to Republican John Boozman. 55-37 percent margin.

9:04 Baron Hill (D-IN) With 83 percent of precincts reporting, the District 9 race in Indiana was called for challenger Republican Todd Young.

9:10 Bill Posey (R-FL) With 52 percent of precincts reporting, the District 15 House race in Florida was called for incumbent Bill Posey.

9:13 Richard Shelby (R-AL) With one percent of precincts reporting, the Alabama Senate seat was said to have been retained by Richard Shelby.

9:40 Barney Frank (D-MA) With 65 percent of precincts reporting the race was called for Frank, 61 percent to 37 percent.

9:42 Joe Donnelly (D-IN) While Donnelly had announced his return on Facebook, the race hadn't been called.* 

12:43 Harry Reid (D-NV) Breaking news email alert arrives indicating Nevada Democrat Harry Reid had retained control of his Senate seat, beating Tea Party favorite Sharron Angle. Reid won by a margin of five percentage points, and eight points ahead of the most recent polling numbers. 

Finally, some of the more interesting candidates out there failed to get many votes. Recently released from prison and running as an independent, Ohio's Jim Traficant lost to Democrat Tim Ryan. Also, unemployed and indicted South Carolina Democrat Alvin Greene, who won the primary with 59 percent of the vote despite very limited campaigning and campaign spending, no website, and no yard signs, lost to Republican Jim DeMint. California Senate candidate Jenny Oropeza won re-election despite being dead (Oct 20).

*The news outlet referenced was ABCNews.com. ##

Daily Business News Briefs

Village Updates Definitions

Village Updates Definitions

TheDailyReview of Towanda, Pennsylvania reports the Waverly Village Trustees in Tioga County, just across the border in New York, updated their definition of manufactured and modular homes. The previous legal definition written in 1988 for “mobile home” was a portable structure on wheels, but intended for long-term living. The new definition sta...

24 May 2012

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Mass. Real Estate Market Improves Slightly

Mass. Real Estate Market Improves Slightly

BostonGlobe reports for the first time in seven months, prices for single-family homes in Massachusetts rose modestly, 1.1%, as the median price hit $275,000 in April, according to Boston real estate company Warren Group. The number of single-family homes sold in April rose almost 22 percent over April 2011, marking the third consecutive month of...

24 May 2012

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Housing Recovery?

Housing Recovery?

NationalMortgageNews says there were 2.4 million homes for sale at the end of the first quarter, 20 percent fewer than a year ago, which has helped stabilize prices for now. However, the 2.2 million homes in the process of foreclosure, and another 1.7 million homes where the owners are three or more payments behind may [...]...

24 May 2012

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New Homes Sales Rose in April

New Homes Sales Rose in April

OriginationNews says the Census Bureau reports new home sales rose 3.3 percent in April following a 7.3 percent drop in March. MHProNews.com has learned sales of new single-family homes rose to a seasonally-adjusted annual rate (SAAR) of 343,000 in April from a 332,000 mark in March, besting Wall Street analysts who had predicted 330,000 to [...]...

23 May 2012

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Housing Stocks Close Mixed, but Skyline Justifies its Name

Housing Stocks Close Mixed, but Skyline Justifies its Name

CNNMoney reports the Dow Jones Industrial Average, after brushing with 12,325.00 during the day, climbed back in the last half hour to close at 12,496.15, losing a mere 6.66 points, -0.05%. The weakness in tech stocks and fears of Greece leaving the Eurozone fueled investors’ fears. The Nasdaq gained +0.39 percent to 2,850.12, while the [...]...

23 May 2012

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Kit Homes Takes Up where Sears Stopped

Kit Homes Takes Up where Sears Stopped

In 1970, 30 years after Sears ceased offering prefabricated housing, Shelter-Kit of Tilton, New Hampshire began offering small homes and cabins that could be assembled by aspiring homeowners with no construction experience. MarketWatch tells MHProNews.com customers can choose from a wide variety of options in designing their home, including...

23 May 2012

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UFPI Surprises Zacks

UFPI Surprises Zacks

Forbes reports on the heels of Universal Forest Products, Inc. (UFPI) strong first quarter 2012 results, whereby Q1 2011 showed a loss of -0.19 per share to first quarter 2012 return of +0.21 per share, and the recent acquisition of MSR Forest Products LLC, Zacks issued a #1 Rank (Strong Buy) for the stock. Zacks [...]...

23 May 2012

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New MHC Proposed for Virginia

New MHC Proposed for Virginia

BellehavenPatch tells MHProNews.com Fairfax County, Virginia is considering developing the North Hill site in Hybla Valley into an MHC for 67 homes and a greenspace. Meanwhile, AHP Virginia LLC has a counter proposal that would involve building apartments on the site, housing 204 families, nine percent of which would be targeted to low-income...

23 May 2012

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Philadelphia Airport Building Modular Housing

Philadelphia Airport Building Modular Housing

DelcoNewsNetwork tells MHProNews.com Tinicum Township officials, as part of a $23 million efficiency upgrade at Philadelphia International Airport, approved a land waiver request to build a 791 square foot modular building near the UPS facility on Hog Island Road. The building would house UPS workers moving from a facility at Ridley Park. The...

23 May 2012

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Sale of Previously Occupied Homes Rise

Sale of Previously Occupied Homes Rise

The National Association of Realtors (NAR) says reports from across the country show existing home sales edged up 3.4 percent April over March, 2012 for every region of the country. While the increase is a positive sign, the seasonally-adjusted annual rate (SAAR) of 4.62 million home sales, just below January’s pace of 4.63 million, remains...

23 May 2012

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Improved Housing Market Bolsters Many U.S. Stocks

Improved Housing Market Bolsters Many U.S. Stocks

CNNMoney reports the Dow Jones Industrial Average hit 12,575.00 during the day but settled down to 12,502.81, -0.01%, -1.67 points as the day’s trading ended. The rise of sales of existing homes boosted the market, but a downgrade of Japan and a weak global market tempered that news. The Nasdaq dropped -0.29 percent to 2,839.08, [...]...

22 May 2012

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Featured Articles and Reports - May 2012 Vol. 3 No. 8

Prev Next Page:

Everything Old is New Again

Everything Old is New Again

by Katy Weldon Something amazing is happening to older mobile and manufactured homes in certain areas of California. They are in demand! Mobile and manufactured homes built in the 1970’s and 1980’s... Read more

MARKETING

Your Attention Please

Your Attention Please

by Jeff Templeton A recent study found that the average American sees approximately 1600 advertisements a day. In a single day! Those ads are seen online, in newspapers, magazines, billboards, TV,... Read more

MARKETING

Featured Articles May 2012

 Featured Articles May 2012

Featured Articles and Reports for Vol. 3, No. 8, 2012 Alphabetically by Category COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL) • “What’s in a Name?” by Nadeen Green, JD The fact that you are reading MHProNews.com to... Read more

index

Creating a Budget

Creating a Budget

by Chrissy Jackson Simply put, a budget is a tool. When effectively used, this tool can enable you to have a manufactured home land lease community that is financially sound. A... Read more

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

“What’s in a Name?”

“What’s in a Name?”

by Nadeen Green, JD The fact that you are reading MHProNews.com to gain insight into the manufactured housing industry shows that you are engaged and embracing the world of online information... Read more

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Terms of Engagement

Terms of Engagement

by Andrew Peters It’s easy for professionals in the housing industry to forget just how extensive the language of mortgage lending can be. We’re often quickly reminded, however, when we try... Read more

FINANCING

Promissory Notes How to take, buy or create a Note, then sell it for cash

Promissory Notes  How to take, buy or create a Note, then sell it for cash

by John Merchant, JD Many manufactured home communities and some MH retailers have – over the years – created their own notes. The following is an outline of the things and... Read more

FINANCING

While Waiting on The Supreme Court: What is happening to Health Care Cost…

While Waiting on The Supreme Court:  What is happening  to Health Care Costs and Insurance?

by Kurt D. Kelley, J.D. For the last six months, I’ve served on The Woodlands, Texas Chamber of Commerce Health Care Program Committee. These efforts culminated on April 27th with a... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Frames

Frames

by George Porter A Manufactured Home is a more complicated piece of engineering than most other homes. Our building code makes us have a multi-purpose chassis. Strangely, we don’t move all... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

“Mobile Homes” and Tornadoes

“Mobile Homes” and Tornadoes

by Margaret Clark (Editor's Intro: The following is a letter written by manufactured home community owner Margaret Clark to KWWL-TV reporter, Kera Mashek. Ms. Clark was writing in response to a... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

The Industry's Need to Profitably Communicate

The Industry's Need to Profitably Communicate

by L. A. 'Tony' Kovach Trade media exists because there is a need to communicate facts and ideas relative to the industry being served. A robust online trade journal (e-zine) complements... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Manufactured Housing Institute and National Communities Council 2012 Congr…

Manufactured Housing Institute and National Communities Council  2012 Congress and Expo Photo Report

by L. A. 'Tony' Kovach If a picture is worth a thousand words, then there are tens of thousands of words captured in the photos that follow. The Manufactured Housing Institute... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

National Industry Awards Presented at 2012 National Congress & Expo

National Industry Awards Presented at 2012 National Congress & Expo

Caesar's Palace, Las Vegas, NV - April 11, 2012. Members of the manufactured and modular housing industries gathered today at an awards luncheon to recognize individuals and companies for outstanding... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Manufactured Home Shows - Touring a Model Home at Tunica 2012

Manufactured Home Shows - Touring a Model Home at Tunica 2012

by L. A. 'Tony' Kovach Manufactured home trade shows are a wonderful way to bring products and professionals together in one place. The home shown in this photo gallery carousel below... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Do you know the single factor that determines; employee productivity, profi…

Do you know the single factor that determines; employee productivity, profits and sustained success?

by Tim Connor OK, have you figured it out or are you just waiting for my take on this topic? Come on – give it some thought – it might prove... Read more

MANAGEMENT

Is there Anything New under the Sun? Getting Bottom line Results for Manufa…

Is there Anything New under the Sun? Getting Bottom line Results for Manufactured Housing.

by L. A. 'Tony' Kovach If you are holding a smartphone, an iPad or are looking at a laptop, etc. you already know the answer to this article's headline's question. But... Read more

MANAGEMENT

Fear, worry, and stress – are you a victim?

Fear, worry, and stress – are you a victim?

by Tim Connor, CSP If you are not aware of the simple fact that fear is the major contributor to stress, illness, failure, worry and a whole host of other negative... Read more

PERSONAL REFLECTIONS, MOTIVATION and INSPIRATION

Zig On Doing Things Poorly

Zig On Doing Things Poorly

by Zig Ziglar Several years ago I was teaching a Sunday school class at First Baptist Church in Dallas, Texas.Recalling G. K. Chesterton's paradoxical “Anything worth doing is worth doing badly,”... Read more

PERSONAL REFLECTIONS, MOTIVATION and INSPIRATION

Patience – The secret tool for sales success

Patience – The secret tool for sales success

by Tim Connor I just finished reading for the fourth time - one of my favorite books, The Power of Patience by M. J. Ryan. As I was reading, it struck... Read more

SALES

Sales Tips 101 – Objection Handling; Isolating the Objection

Sales Tips 101 – Objection Handling; Isolating the Objection

by L. A. 'Tony' Kovach Let's begin a periodic series of articles on some classic – but often unused or overlooked – sales tips and strategies. We will begin with the... Read more

SALES

US and Canadian Manufactured Homes Directory Locations

US and Canadian Manufactured Homes Directory