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 …
Tragedy and violence occurs in neighborhoods across America. But when it takes place in a less than attractive neighborhood that happens to have mobile or manufactured homes, pejorative verbiage, bias and ignorance often lurk nearby. “The problems with the ABC [13] TV news story out of Houston is also a …
Weather.com and other media’s computer models projects that one of the possible storm tracks for the tropical depression (TD9) – currently over the Gulf of Mexico – could put it over or near Lakeland, FL where MHProNews.com and MHLivingNews.com are headquartered. While a power failure here would should not impact …
Storm Warning – MHProNews Reader Programming Notices Read More
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
“It started last fall when we issued a permit to allow a manufactured home on a regular single-family lot,” said Ann Marie Townshend, director of Dover’s Planning and Community Development. “It got some people upset so we fixed the definition of single-family dwellings so that couldn’t happen again,” reported Mike …
U.S. stocks are adjusting to an expected Federal Reserve rate hike, MarketWatch reports. CNBC, which was panned for its GOP primary debate moderation in 2015, is now playing the role of cheerleader for Hillary Clinton’s presidential hopes, saying Wall Street expects her to win over Trump in November. Trump ally, …
Manufactured Housing CompValue slips, 3 Markets Rise, but Oil Retreats 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
Redfin reported that so-called luxury home sales – defined as the top 5 percent of all housing on the market – were in retreat, in a report last May. On August 27, Tyler Durden’s ZeroHedge headline stated that “…Housing Markets In The Hamptons, Aspen And Miami Are All Crashing.” Reuters …
Luxury U.S. Home sales Slumping, What Does it Mean for Manufactured Housing? Read More
Fair warning to thousands of regular readers: this week’s Sunday morning weekly recap of manufactured housing industry news headlines may never look like this edition again. With the Daily Business News’ Matthew Silver away on some well-earned time off, the editor gets to do this recap. So we’ll try something just …
Sunday Morning Recap-Manufactured Housing Industry News Aug. 21-Aug. 28, 2016 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
The brakes are being tapped on stocks, as Fed Chair Janet Yellen has said that the odds of a rate hike have strengthened. Talk of negative rates, as well as two possible rate hikes this year are being floated. Oil, gold, the Dow and S&P 500 have all retreated, while …
Deer Valley Homebuilders Leaps, Dow Dips, MHCV Slips 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
The PostNews noted in a recent analysis that shares in Affiliated Managers Group Inc.(AMG) have “slid down for the past month, and that it may cause some worries to investors. But Consumer Eagle notes that zero of the ten analysts covering AMG recently has had a negative review, and 8 of the …
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
In today’s markets, the Dow Jones logged its lowest close in the past 3 weeks. The U.S. Dollar joined the herd of key indicators that are worried about the Fed’s Chair, Janet Yellen’s, upcoming speech. MarketWatch also reported that SEC fines 13 investment firms for advertising false performance claims, and …
Cavco leads in Manufactured Housing, Broader Markets Continue to slide 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
