Manufactured home community connected stocks did well today, while the MHCV dipped as did most other MH tracked companies. Reuters tells MHProNews that the broader U.S. stocks closed with little change on the first trading session of 2015, finishing well off session highs as economic data short-circuited early gains. In …
MHCV, S&P and NASDAQ slide, Dow begins 2015 with little change Read More
A prime supplier and manufacturer of products specific to the manufactured housing industry has announced some leadership changes, effective January 1. Style Crest Enterprises, Inc., Fremont,Ohio, announced that Tom Kern, founder and past CEO of Style Crest will assume an active management role as Chairman of the Board of Directors …
Manufactured Housing Industry Supplier Announces Leadership Changes Read More
Manufactured housing “street” or “community” retailers know how important credit scores can be for getting financing for would be customers. Consumer Financial Protection Bureau (CFPB), related federal or state licensing and regulatory standards have been making it tougher for sellers to communicate with consumers. Regs can also make it challenging …
The term “sliders” is no longer limited to those small 3” sandwiches offered at various restaurants. A team of engineers at Stanford University has developed a method of constructing earthquake-resistant homes using 4.5” steel and plastic “sliders.” Jetson Green tells MHProNews that Stanford’s method involves placing a home on “seismic isolators.” …
Stanford University develops Earthquake resistant design for Homes Read More
Two so-called ‘mobile home’ fires that hit local news illustrate the fact that modern manufactured homes (MH) offer better protection by design. Modern MH is safer against fires than traditionally constructed housing. MH is safer than pre-HUD Code mobile homes too. Who says? The NFPA – the National Fire Protection …
Manufactured Homes – Safer in Fires than “Sticks and Bricks” Houses Read More
There are many signs and facts that point to a continued manufactured housing recovery. We are in year 5 of year-over-year sales growth on new manufactured homes. There are new home sites being added in existing manufactured home communities, plus new communities are being planned. Investors are willing to place …
Aging and improperly maintained infrastructure can lead to drinking and waste water problems in any kind of neighborhood, manufactured home communities (MHC) included. Besides the hassles for residents, media accounts of health violations in MHCs tend to fuel the ‘troubled mobile home park’ image. A recent example of this took …
Faulty Water and Sewer create problems for some MHC Residents and community owners Read More
The Manufactured Housing Composite Value and most tracked MH stocks lost ground today. Brent crude, the global benchmark for oil, hovered around a new low of $56 a barrel, heading for its largest annual decline since 2008. Oil inventories declined more than expected last week. CNN Money points out that …
The race for the presidency began months ago for Hillary Clinton and others who have been testing the waters. What will the business community and manufactured housing professionals be looking for as the 2016 campaign unfolds? Who will emerge as the standard bearers for the two major parties? Undoubtedly, Bill …
Will Jeb Bush advance family dynasty, seeking 2016 Republican Presidential candidacy 2016? Read More
Wisdom Homes Of America, Inc., has a lot to be happy about. The company opened its fourth and largest retail center located in Mount Pleasant, Texas, in December with a total of 11 pending transactions. “We began receiving home purchase applications immediately after the bulk of our inventory started arriving …
Wisdom Homes Celebrates new East Texas Retail Center with 11 pending sales Read More
The MHCV slid over 5% today. Marketwatch tells MHProNews that “cheaper gasoline, faster job creation and previously rising stock prices cheered up Americans during the holiday season. Consumer confidence rebounded in December to the third-highest level since the end of the recession more than five years ago.” So what happened? …
Studies show that older Americans in the 65 to 74 age group have the highest percentage of home ownership. This has provided valuable support to the American housing market in the last several years and is important for factory-built housing sellers too. If studies like the one done by Foremost …
Older Americans Provide Strong Support to U.S. Housing Market Read More
Several articles published recently in Marketwatch tell a forlorn tale about the sad state of the average American’s personal and family finances. However, there may be a silver lining to the middle class dilemma that can benefit manufactured housing. According to a recent report from the Pew Research Center in …
Negative Factors Affecting conventional housing could benefit Manufactured Home Market Read More
The RV/MH Heritage Foundation in Elkhart, Indiana, has informed MHProNews of the names of those who will be inducted into the RV/MH Hall of Fame in August as the Class of 2015. Foundation President Darryl Searer congratulated the honorees, saying “All of them have had or are having outstanding careers …
Tyler Craddock, Executive Eirector of the Virginia Manufactured and Modular Housing Association (VAMMHA), provided a snapshot of good news accomplished via that organization’s collective efforts. In reviewing what VAMMA achieved during the past year, Craddock tells MHProNews that the most significant success was an important legislative victory that benefits home …
The MH Composite Value rose today, as most producers did too. Manufactured Home Communities (MHC) were generally up, while suppliers were mixed. The Dow broke its winning streak by dropping a fraction. MarketWatch tells MHProNews that King Oil, which MH pros know can help factory home builders, is off by …
Skyline Leaps, Suppliers Sleeps, Dow breaks 7 day streaks Read More
As residents of the Evergreen Village Mobile Home Park near Sycamore, Illinois, move out, a local non-profit, Fixin’ Feral Felines, is trying to save the approximately 150 feral cats who have been living on the premises. Finding homes for the cats and the displaced residents is causing some concerns. Evergreen …
Manufactured Home Community closure creates concerns for Human and Feral Cat Residents Read More
The Indiana Manufactured Housing Association (IMHA) tells MHProNews that tax credits for ENERGY STAR ® rated Manufactured Homes has been extended through 2014. A few days ago, President Obama signed into law the Tax Increase Prevention Action, a.k.a. “Extender Bill,” retroactively extending the $1,000 per home tax credit for producers of ENERGY …
Tax Credit Extended for Energy Star rated Manufactured Homes Read More
Who says the holidays bring a slow down in news? We’ve seen two gestures of manufactured housing Christmas kindness hit the media this week, each featuring a home being given away. Nobility Homes kicked off our week with big news about their 2014 results. The 14th Anniversary of the Manufactured …
Sunday Morning Weekly Recap – Manufactured Housing News – for 12-21 to 12-27, 2014 Read More
14 years has gone by since Congress passed what is styled as, PUBLIC LAW 106–569—DEC. 27, 2000 114 STAT. 2997. Congress found that: ‘‘SEC. 602. FINDINGS AND PURPOSES. ‘‘(a) FINDINGS.—Congress finds that— ‘‘(1) manufactured housing plays a vital role in meeting the housing needs of the Nation; and ‘‘(2) manufactured …
14 Years – Time to Revisit the Manufactured Housing Improvement Act of 2000? Read More
