“Revolution Pre-Crafted Properties is a collection of limited edition dwellings, ranging from functional pavilions to modular homes,” explains DesignBoom. “The average price for one of these homes or pavilions is US $300,000, which I think is very compelling, because not everyone has access to these architects. And even if you did, you would …
Freehold NJ based UMH Properties, Inc. (NYSE: UMH) announced that it has closed on the acquisition of two communities located in Ohio for a total purchase price of $2,954,000. PRNewswire says these two all-age communities contain 165 sites situated on approximately 71 acres. The weighted average occupancy for these communities …
CEO Sam Landy says, UMH Properties Completes Acquisition Of Two Ohio Communities Read More
Lauren Urbanek, writing for the Natural Resources Defense Council (NRDC), is among the recent writers and policy advocates expressing their support for the Department of Energy (DOE) proposed revised standards for manufactured housing (MH). Building on a report on the American Council for an Energy-Efficient Economy (ACEEE) done by Senior Policy …
Affordable housing options are becoming less plentiful around the country, but according to Urban Institute researchers, there are ways to sidestep what has become an outright crisis. The numbers surrounding the lack of affordable housing across the U.S. are staggering. In their map shown at the top left, light colored …
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 …
UMH leads, Manufactured Housing CompValue recovers, as broader Stocks close lower Read More
Cavco Industries director Jack Hanna has filed a Form 4, according to a report by StreetInsider, see that as a download, linked here. On August 29, Director William C. Boor disclosed the sale of 2,500 shares sold last May 4th, for an average price of $86.81, states FinanceDaily. Boor’s reported …
The Carlyle Group (CG) is reportedly one of the top 100 largest manufactured home community operators in the U.S.. Its big hedge fund business is said to be heading for the exit, according to SeekingAlpha and Bidness. Investopedia says that, “Carlyle Group (CG) is experiencing a period of both highs …
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 …
The U.S. Census Bureau maintains a wide array of statistical information, and that data includes manufactured housing, as industry veterans and enthusiasts know. The following charts are the most recent stats available from those reports, and they cover the period 2014, 2015 and part of 2016. Please note that Part …
New Manufactured Home Industry Shipments 2014-2016 Statistical Report – Part II Read More
A recent study by the National Association of Home Builders (NAHB) indicates that an average of some 24.3 percent of the price of a new house can have that cost traced back to regulatory impact. The NAHB study reflects costs of regulations from all levels of government: local, state and …
NAHB Report – High Cost of Regulations Impact Housing – and Manufactured Housing Read More
Data released by the U.S. Census Bureau reveals a mixed pattern in prices for new manufactured homes, depending on month, single vs. multi-sectionals and the region of the country. For example, single sectional manufactured homes in the Northeastern United States in January, 2014 sold for an average of $48,700 in …
2014-2016 Manufactured Housing Industry, New Retail Home Pricing Trends by Region Read More
Investment management leader, Robert Robotti’s firm acquired 15,865 additional shares in Cavco Industries during the most recent quarter end according to SEC filings, reports TradeCalls. That places the firm’s total stake in the #2 producer of HUD Code manufactured homes at $18,886,291, or about 6.41% of Robotti’s portfolio. Other hedge …
Robert Robotti’s stake in Cavco Industries (CVCO) Grows, Stock hovers at 52 Week High Read More
Most manufactured home communities are run by owners and professionals who care about their residents, the conditions at their location(s) as well as the look and safety of their property. But when a community operator runs their location like the proverbial “trailer park,” it’s bad for residents and impacts the …
Connected Community Owner “Should be Facing Criminal Charges” for conditions at the “park” Read More
Treehouse Riga, an easily adaptable modular home, was designed by Appleton & Domingos. The Portuguese design firm created this particular version for modular homebuilder Jular. As factory built home industry professionals know, modular home construction has less waste, is greener, takes less time to build and typically offers significant savings …
Look beyond the argument that manufactured and modular homes benefit millions of moderate income households, and could benefit millions more. Is it also possible that the tiny house trend applied to modular units is the answer to homelessness in the U.S.? Eyewitness News Channel 7 in Los Angeles featured a …
Tiny MODs Could be the Next Big Thing for Homeless Vets Read More
Manufactured homes are attracting positive media in markets where conventional housing has overheated or is difficult to obtain. Peace Arch News took a favorable look recently at the impressive value that manufactured housing offers in hot real estate markets, highlighting the Semiahmoo Peninsula, Washington, near the U.S. Canadian border. An …
Media Spotlights Manufactured Housing’s Value in Hot Markets Read More
A recovery housing plan has been released by Louisiana Gov. John Bel Edwards, for displaced residents of the recent historic flooding in his state. It’s a three-pronged plan created by state officials to respond to the housing crisis caused by damage to southern Louisiana. The state is moving into the …
New LA Recovery Plan Unveiled as Possible Storm Approaches, Industry Pros Mobilize Read More
After almost no debate, a new ordinance was approved unanimously by the Lowell, Massachusetts City Council which will put new restrictions on the appearance of homes outside a historic district. The new ordinance seemed to be aimed directly at “mobile” and manufactured homes by adding regulations that would keep them …
Over Legal Objections, City Blocks Manufactured Homes Read More
The purported road-to-home ownership cloaked as “Rent to Own” is often found to be harmful and misleading, reports The New York Times. Although housing prices have recovered from the financial collapse of 2008, borrowers with less than stellar credit reports and those seeking to finance lower priced properties are left …
NYT – Rent to Own Houses Blur Lines, can harm Tenants Seeking Ownership Read More
During their Aug. 18 meeting, the Georgetown, SC city council members denied a request to rezone the West End to permit the addition of manufactured homes on more than 200 vacant lots. A petition signed by 150 residents asked to rezone that area from R5 to R3, to allow manufactured …
NIMBY strikes as council nixes manufactured housing use requested by over 100 residents Read More
