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
“West Virginia is a fairly close-knit community,” explains Andy Gallagher, Executive Director of the West Virginia Housing Institute Inc.(WVHI). “Natural disasters are regular occurrences, unfortunately, and family takes care of family.” Jeff Jenkins, writing in the WVMetroNews, stated that “Several staff members with the Federal Emergency Management Agency will be
The Other Flooding Story – FEMA and Manufactured Housing Units (MHUs) 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
Dezeen’s Lucy Wang, writing in Inhabitat spotlights a home in Princeton, New Jersey that has turned 5, which was set in a day, built in plant in a month and was completed in 1/3 the time of conventional construction. The Quarry House was designed by a local architect, Marina Rubina,
The Quarry House – This PreFab Home, Set in a Day Read More
On items that CNN Money finds of interest as part of their market reports for the day: Wells Fargo fires 5,300 for creating fake accounts, Hillary Clinton finally holds a press conference and Airbnb is cracking down on discrimination. MarketWatch notes: iPhone 7 fails to impress, but Apple predicts sellout.
CVCO, NRF slide, Carlyle Group, LPX glide higher, Politics/Economics Mix Read More
Champion Home Builders recently finished the construction of a net-zero demonstration home, reports Builder’s Jennifer Goodman. The home is located at the Pine Tree Manufactured Home Park in Eatontown, NJ. The plan is to gather data during the next 18 months, as a way to encourage the construction of more
Champion Home Builders crafts Net-Zero-Energy home Read More
County records reflect that Equity LifeStyle Properties (ELS) has purchased 25 acres in Ellenton, next to Ridgewood Estates – a 55+ manufactured home community (MHC) – for $2 million. Equity LifeStyle paid $11.56 million for Ridgewood in 2011, says the Sarasota, FL Herald-Tribune. As MH Community-sector focused professionals know, Equity LifeStyle
ELS Acquires 25 acres adjacent to existing FL Manufactured Home Community Read More
In an update to our reports on the massive flooding in Louisiana and FEMAs response with manufactured housing units (MHUs), WBRZ2 out of Baton Rouge reports on new communities being set up, one in this photo, off Blount Road near the airport. Their report indicates that “dozens” of locations in
FEMA setting up manufactured homes in Louisiana near airport, says WBRZ2 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
NBC News, along with their sister channel, MSNBC, will carry the first ever live “Commander in Chief” forum, Wednesday night at 8 PM ET. With the polls tightening between Hillary Clinton and Donald Trump, this is being seen by pundits as a pre-debate that could yield clues on what to
First Time – Clinton Vs Trump Live on Cable TV Tonight – Forum Video Read More
Apache Corp. says it found billions of barrels of oil in a new find in West Texas south of the New Mexico line, reports MarketWatch. While the tech side of market news has eyes on Apple’s new iPhone 7, Nintendo, oil futures are at the highest level in a week.
AMG and NorthStar Lead, Patrick, SKY recede – as new U.S. Oil Find Touted 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
Less than a week after federal official decided to ban ITT Technical Institute from enrolling new students using federal aid, the for-profit schools opted to stop enrolling students at more than 130 campuses in 38 states, according to the Springfield, IL State Journal-Record. On Aug. 25, the U.S. Department of
“Using the dream of homeownership to trick consumers out of their hard-earned money is just plain wrong,” North Carolina Attorney General Roy Cooper said. “My office is here to protect consumers from these misleading and fraudulent business tactics.” Cooper filed suit against George Henry Smith of Robeson County, for collecting
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
CNN Money headlines included Donald Trump’s assertion that the Fed has created a “false economy,” and that Americans don’t believe unemployment rate (see in-depth labor and economic charts/graphics and report, linked here.) Meanwhile, MarketWatch warns – Clouds gathering on U.S. economy? And without action, a government shutdown looms in three
Sun & Third Ave lead, Deer Valley, UMH, LPX & MHCV recede 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
One of the areas that witnessed broad manufactured housing industry consensus was the opposition to the HUD onsite completion rule, which goes into effect Sept 7, 2016. Manufactured homes that include the following features, says MHI, are among those which will be impacted by the new and costly rule. A
Resources for HUD Code Manufactured Homes Onsight Completion Rule, effective Sept 7, 2016 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
