The Texas Manufactured Housing Association (TMHA) reminds MHProNews that the new appraisal disclosure rules go into effect on July 18, 2015. The rules apply to those homes that go beyond QM status limits set by the Consumer Financial Protection Bureau (CFPB) regulations. DataComp and NADA are going to be the […]
Appraisal Rule Implementation Looms for HUD Code Manufactured Home sales Read More
As part of the ongoing mixed signals from the factory built housing market, the Manufactured Housing Institute’s (MHI) National Modular Housing Council (NMHC) reports that 2,763 new MODs were shipped during the first quarter of 2015 in the states where they track shipments. That is a 3.9% decline over the
The markets took their biggest hit in about 2 years, as the crisis in Greece grows with the limiting of ATM withdrawals over the weekend, and bank closures today. Closer to home, Puerto Rico’s $72 billion dollar debt may also be at risk, per words spoken by their own governor.
Greek Banks Closed, PR’s Gov says can’t pay debt, Dow Plunges and MHCV sheds 3½% Read More
Jon Johnson is a senior service technician who has years of experience with a number of property management firms in the multi-family housing industry. Inspector Tim Bunch has inspected literally thousands of houses over the years, including new construction, existing resales and manufactured homes. These two distinct video interviews each
Experts Compare Manufactured Homes to Apartments and Conventional Houses Read More
Melonie Roberts of the Monett Times informs MHProNews of another incident of a troubling trend where local jurisdictions are attempting – perhaps out of ignorance – to regulate manufactured homes in a fashion apparently contrary to federal preemption. Pierce City, MO “Aldermen also approved an ordinance governing the age of
Another Attempt by Locals to regulate Manufactured Homes may violate Federal Law Read More
Every week, the ‘history’ of modern manufactured and modular housing is passing before the eyes of our readers here. We cover some mainstream housing news too, when it ought to be of keen interest to those in some aspect of factory-built housing. Our web reports tell us there are those
NASDAQ.com published the following on Friday about manufactured home community sector giant, Equity Lifestyle Properties (ELS). “In trading on Thursday, shares of Equity Lifestyle Properties Inc’s 6.75% Series C Shares (Symbol: ELS.PRC) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.6875), with shares changing hands
Analysts Give Manufactured Home Community giant ELS Thumbs Up Read More
ELKHART, IN., June 25, 2015. Skyline Corporation (NYSE: SKY) announced their Board of Directors named Richard W. Florea as President and Chief Executive Officer and appointed him to the Board of Directors effective July 27, 2015. The company also stated that Bruce G. Page who previously was President, Chief Executive
Marketwatch’s Michael Gayed asks; are investors living in the eye of the storm? “There are some things you learn best in calm, and some in storm.” – Willa Cather. Greece, domestic and other international matters have created a volatile mix for the market, but today there was relative calm. Meanwhile,
Manufactured Housing Composite Value Rose, Tracked Stocks Closed Mixed Read More
San Jose, California – The closure of Buena Vista Mobile Home Park draws closer. Given the impact on 400 low income residents, Santa Clara County supervisors voted Tuesday to offer $6.5 million tied to a similar commitment from the city of Palo Alto, CA. “Time is of the essence,” said
High Dollar Community Closure Looms for Buena Vista Mobile Home Park Read More
BLOOMINGTON — There is an emerging trend in various parts of the nation, where new manufactured home communities are being authorized by zoning officials and are being built. One of these examples is in Bloomington, IL, where the Pantagram’s Maria Nagle tells MHProNews that a site plan for a new
Another New Manufactured Home Community Plan Advances Read More
Knoxville, TN – – Clayton Bank and Trust has been named the #1 Community Bank in the Nation by the ICBA Independent Banker, the award winning magazine of the Independent Bankers Association. The list published annually covers banks in the $1 Billion assets and Sub S category annually as the
Clayton Bank named #1 Community Bank in the Nation by ICBA’s Independent Banker Read More
Due to an extended Inside MH Road Show, the prior week at the MHI Congress and Expo, pending special announcements and other factors, the new Featured Articles (FAs) on MHProNews are scheduled to go live by approximately 11 PM May 2nd. Until then, you’ll find recent articles on MHLivingNews.com, such
New Featured Articles Scheduled to Go-Live by 11 PM May 2 Read More
The Addison County Community Trust has applied to the Waltham Development Trust in Waltham, Vermont for a conditional use permit to allow the trust to install seven modular duplexes on 2.3 acres that once housed the Gervy Trailer Park, as addisonindependent tells MHProNews. A public hearing will be held May 13 to
New Affordable Modular Housing Units Proposed for Vermont Read More
China Stimulates Wall Street Rally, Oil Industry Bleeds More Jobs, U.S Economic Growth Needs Faster Track and Hospitals Pulling Up Stakes, Seeking Greener Pastures. On the Big Board: The Dow Jones Industrial Average advanced +1.17 percent, +208.63 points to end the day at 18,034.93. The NASDAQ gained +1.27 percent, +62.78 points, to close
Manufactured Housing Stocks Close Mixed; MHCV Gains Read More
The Hollywood Hotel and Casino – along with the neighboring Resorts Hotel and Casino – are the site for this years 2015 Tunica Manufactured Housing Show. Differing from the previous Harrah’s property, the Hollywood lives up to its name by featuring scenes and memorabilia from Hollywood movies and TV Shows.
From Hollywood to Manufactured Housing Professional Growth, Profit Read More
The ‘all new’ 2015 Tunica Manufactured Housing Show long-range forecast suggests that you bring a jacket and umbrella, so MH pros can take advantage of the hot deals and free business building seminars predicted for the event. The 2015 Tunica Show is dubbed ‘all new’ by its organizers, as the
MHProNews is by the standards of a typical website massive and growing daily. As we announced last year, we will be phasing in upgrades to software and to our content management systems. There are still some ‘road bumps’ to be smoothed over. Please pardon our cyber dust, as those issues
Upgrades in Process! Read More
The final numbers are NOT yet in on the verified and refined totals for the 2015 Louisville Manufactured Housing Show. But the flash report, linked here, indicates that the show grew once more in attendance. The mood was reported as upbeat, according to Midwest Manufactured Housing Federation (MMHF) executives
2015 Louisville Manufactured Housing Show Initial Report Read More
The Weather Channel tells MHProNews that the forecast for the 2015 Louisville Manufactured Housing Show is for milder temperatures than normal. Tuesday should be a good travel day, with highs in the low 50s. Inside the climate controlled Kentucky Exposition Center (KEC), the forecast for the best attended industry event
Forecast – Cool, Clear, Busy and Hot for 2015 Louisville Manufactured Housing Show Read More
