UMH Properties Inc. (NYSE:UMH) announced the grand opening of the Woods Edge Sales Center, located near the back entrance of their manufactured home community in West Lafayette, Indiana. Woods Edge was acquired by UMH Properties in October of 2015, and the grand opening will be on Oct 1, 2016, per …
UMH Properties Upscale MHC Clubhouse, Centerpiece for Upcoming Sales Center Grand Opening Read More
Ocala, Florida based Nobility Homes, Inc. (OTCQX: NOBH) announced key results and financial highlights for their 3rd fiscal quarter, which ended on July 30, 2016. “The demand for affordable manufactured housing in Florida and the U.S. is improving,” said Terry Trexler, president of Nobility, per MarketWired. “According to the Florida …
Manufactured Home Builder Nobility Homes Announces Sales, Earnings for Q3 2016 Read More
“Written comments submitted by two highly-respected independent organizations regarding the U.S. Department of Energy’s (DOE) proposed manufactured housing “energy” rule — specifically citing the Manufactured Housing Association for Regulatory Reform (MHARR) — echo and confirm the vigorous objections to that proposed rule set out by the Association in its own …
MHARR gets Third Party backup on Controversial, Proposed DOE Rule for Manufactured Homes Read More
The Controversy – two sides of rent control – are found in what looked to be a political event at an ice cream social. It began when the North Santa Barbara County Manufactured Homeowners Team (NSBMHT) gave congressional, state legislature and city council candidates a chance to talk about their …
CNNMoney says – Waiting for the Fed: Market volatility is back from summer break. MarketWatch’s bullets include – Wall Street’s ‘fear gauge’ shows that it may get ugly in the stock market. Stocks sell off as retreating oil, Fed worries dog market. They note too that GOP nominee Donald Trump …
Killam and Deer Valley hold; Broader Markets, MHCV and other Track Stocks Tumble Read More
The Skinny: New residential construction company Sm+RT Homes, LLP, based in Fridley, MN is teaming with Dynamic Homes of Detroit Lakes, MN to provide affordable, factory-built houses in North Minneapolis as well as a modular home manufacturing plant in that part of the city. North Minneapolis has suffered from foreclosures, …
Sm+RT Homes Teams with Dynamic Homes, mulls North Minneapolis Plant Read More
In a recently reported discussion about affordable housing in Portland, Oregon, four “surprising facts” were raised by OregonMetro’s Craig Bebbe. The panel discussion at the Metro Regional Center shared hopeful signs for preserving and possibly even expanding access for manufactured housing and manufactured home communities in the future. Bebbe called …
In a stinging statement beyond the quoted headline above in a recent Mercury News Editorial, opens with these words; “The California Legislature has whiffed on the housing crisis. Increasingly, it’s up to cities and counties to solve it.” Indeed, the affordable housing crisis, as routinely reported in the Daily Business …
MarketWatch spotlighted the following today: More pain may be in store for the S&P 500 in 2016, says Goldman. CEOs of biggest U.S. firms less optimistic about economy. It’s business as usual at Wells Fargo after record fine. Trump says Yellen keeps interest rates low because of White House pressure. …
AMG, Sun Shine; Killam, Third Ave slide, 3 Major Indexes Rebound Read More
Venator Capital Management Ltd has purchased up 466,541 additional shares in Skyline Corporation during the most recent quarter end, the firm said in a disclosure report filed with the SEC, reports TheFoundersDaily. Venator’s website describes themselves in these terms, “Venator Capital Management Ltd. is a Toronto-based investment firm that strives to …
Skyline Corporation – Management Fund’s Major Move – Manufactured Housing Market Watch Read More
CNNMoney asks, do more heads need to roll at Wells Fargo? Volkswagen engineer pleads guilty to criminal charges. They also stated the obvious, as they report that the Dow plunges almost 400 points. MarketWatch notes that: “Gundlach’s talk of a surprise Fed tightening sets stage for a stock, bond-market rout” …
All Markets Tumble, only 1 MH track stock gains, 2 hold, the rest down for the day Read More
“We are excited to build homes and explore opportunities for this housing segment,” said Mike Duncan with Clayton Homes to MHProNews. “Some may say it is a fad, and there are certainly some obstacles when it comes to zoning and acceptance in some areas, but it will be fun to …
Tiny Houses Go Luxury – Clayton home building group unveils new series, Video, Photos Read More
“Compared to where we were, there is no comparison,” said Lee Allen. “It’s been 10 years of good memories.” “When you walk through Lee and Lucille Allen’s front door, it feels like home,” begins the NextStepUS Annual report. Over a decade ago, the Allen’s became NextSteps first home owners. “Lee …
Affordable (Manufactured) Housing Done Right – NextStepUS Annual Report Read More
LivingHomes founder Steve Glenn established his prefab modular building operation in 2006, says BuilderOnline. Initially using other producers of factory built homes to supply their needs, as housing has recovered, Glenn’s operation was increasingly being squeezed by those producers. “They’re taking more time to get back with bids and engineering, …
Doing “End Around” Other Factory-Builders, LivingHomes Sprouts Plant Prefab Read More
Washington, D.C., September 7, 2016 – The Manufactured Housing Association for Regulatory Reform (MHARR) reports to MHProNews that according to official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), manufactured housing industry production fell during July 2016. The latest statistics published by MHARR indicate …
HUD Code Manufactured Housing Production – Drops in July 2016, Top 10 States reported Read More
Dick Harris, owner of the Whitefield, NH Country Village Mobile Home Park recently received apparent good news regarding his park expansion proposal, The Caledonian Record reports. Harris was given unanimous approval from the planning board to expand his community. The first phase of this three-phase expansion will add four homes …
Manufactured Home Community Expansion Approved, But… Read More
Alan Davies, editor of The Urbanist on Crikey, has taken a unique look at U.S. “trailer parks” (sic). His provocative, yet witty, headline tees it up well, “Should trailer parks be trashed?” Davies notes the rather colorful view of “trailer parks” – which he later identifies as “manufactured housing communities” …
Urbanist Alan Davies – On not trashing “Trailer Parks” (sic) Read More
Mayor Tom Hoye and state Sen. Marc R Pacheco were among those who attended the celebration at Colonial Estates in Taunton, MA when the resident association formally purchased the community. Colonial Estates residents organized and collectively purchased the community for $10.2 million from the previous owner, Shamrock Redwood Colonial LLC …
Mayor and State Senator attend to witness Manufactured Home Community Purchase Read More
As it’s owners, managers, policy wonks, investors and working professionals who are the largest likely group of readers of MHProNews, it’s useful on this Labor Day to think beyond the celebration and the paid federal holiday, and look at what’s happening to labor in the United States. Because much of …
Labor Day 2016, By the Numbers – and Manufactured Housing Read More
DEMING, NM – Solitaire Homes, a major employer in Deming, has hit a manufactured home production milestone as they continue to build and sell their product throughout the southwest. The plant recently built their 5,000th home from their production center which opened in 2001. They sell mostly within that market …
Solitaire Homes reaches 5,000 manufactured home milestone Read More
