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
Skyline Corporation (NYSEMKT: SKY) saw its stock decrease by 10.78% in short interest, states consumer and financial news company, Consumer Eagle. Skyline designs, produces and markets manufactured and modular housing models as well as park models, as MH industry pros know. The company had a total short interest of 344,200 shares
Skyline Stock in Focus Report; Markets Closed for Labor Day 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
“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
The week in review included hot topics like: Cavco’s Joe Stegmayer, Directors Insider Trades Media Bias in “Man Shot in Trailer Park” ABC report MHC Rent Control battle (Resident Councilman story) Video Tour of FEMA MHUs Controversy over proposed DOE energy rules, will it help or harm manufactured housing? NAHB’s
Sunday Morning Recap-Manufactured Housing Industry News Aug. 28-Sept. 4, 2016 Read More
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
For two days, rain tortured the heart of bayou country, dumping 24 inches in less than 48 hours on southern Louisiana, says a report in the DigitalJournal. The 1000-year event flooded more than 100,000 residences, sending families into shelters and the homes of friends, relatives and even strangers. Now, as
Stocks ended modestly higher after a soft jobs report, says MarketWatch. “The U.S. added 151,000 jobs in August, slowing sharply from earlier in the summer.” The billion-plus monthly pageview news aggregator Drudge Report cited the following headlines and numbers; Biggest gains in bars, restaurants – ‘Army of Men’ Out of
Cavco Leader, MHCV Outperforms, as soft jobs reports checks Wall Street 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
CML News recently took a deep dive into a head-to-head comparison between Memphis, TN-based Mid-America Communities, Inc. (NYSE: MAA) and Southfield, MI-based Sun Communities, Inc. (NYSE: SUI). After a side-by-side comparison of both communities’ revenue growth, earnings, revenue per employee, operating margins, free cash flow and valuation, CML News determined
Analysis – Mid-America Apartment Communities vs. Sun Communities, Head-to-Head Comparison Read More
JD Harper, Executive Director of the Little Rock based Arkansas Manufactured Housing Association has told the Daily Business News that, “Our organization has been working on a series of short videos to address common myths, misconceptions and stereotypes that many potential homebuyers have about the quality, value and safety of
Arkansas MHA’s ‘GET THE FACTS’ Video Series Completed Read More
Informed sources have told MHProNews about a national association with significant ties to numbers of HUD Code manufactured housing professionals; an association many times larger than the Manufactured Housing Institute (MHI) or the Manufactured Housing Association for Regulatory Reform (MHARR), or both combined. That group? The National Federation of Independent
Larger! The Other National Association…Not MHI, Not MHARR…Ally? Competitor? Both? Read More
“U.S. Manufacturing Hits Rough Spot in Possible Warning on Growth,” says Bloomberg, which also notes that “It’s Hard to Overstate How Quiet Stock Markets Are Right Now.” In the wake of their spectacular explosion on the launch pad, CNBC asks – “Why was Facebook launching a satellite?” The three main
AMG sliding, MHCV rising, Other Markets Close Mixed Read More
