Author name: MHProNews

Manufactured Home Community Operator sees value in helping Millennials become Homeowners

By / / Manufactured and Modular Housing News

A segment of the population that’s resisted home ownership in significant numbers are the Millennials. These adults under 35 offer a potential 8.3 million new millennial households formed between now and the end of 2018, says the Demand Institute. Many millennials are renting, which manufactured home community operator Ascentia says […]

Manufactured Home Community Operator sees value in helping Millennials become Homeowners Read More

Nobility Leaps! Yellin’s Tellin’ – Cheap Oil, Low Rates, Keep Sellin’!

By / / Manufactured and Modular Housing News

Tracked manufactured housing related stocks advanced broadly in trading today. Federal Reserve Chair Janet Yellin suggests that rates will not rise rapidly and cheap oil is good for America, so the markets rose anew.   Sony may be getting the next whammy from what could be a blast of cyber-economic

Nobility Leaps! Yellin’s Tellin’ – Cheap Oil, Low Rates, Keep Sellin’! Read More

With Oil Prices still Falling, what’s the outlook and impact on Manufactured Housing?

By / / Manufactured and Modular Housing News

Fracking related sales of manufactured homes and factory-built workforce housing is important in states such as TX, ND, OK, LA, OH and PA. There are mixed thoughts from sources on what the foreseeable economic impact on drilling activities may be from sliding oil prices. According to a December 16, 2014,

With Oil Prices still Falling, what’s the outlook and impact on Manufactured Housing? Read More

County Takes Action to Collect Tax Revenues on Manufactured Housing

By / / Manufactured and Modular Housing News

The Luna County government in Deming, New Mexico, says they’ve been losing revenue when manufactured homes are moved by owners without paying taxes on their homes. The town of 14,855, with some 25,000 residents in the entire country, is located 33 miles from the Mexican border. They estimate losing approximately

County Takes Action to Collect Tax Revenues on Manufactured Housing Read More

Most Manufactured Home Community Stocks Rise with MH Composite, Big Oil still dampens Dow

By / / Manufactured and Modular Housing News

Most MH Community stocks rose today, as did the Manufactured Housing Composite Index and most MH suppliers. Oil struggled with a rebound that fluttered and fizzled. Russia’s oil and currency woes are so under assault that Apple suspend the online sales of their products there.  Today’s trade results at the

Most Manufactured Home Community Stocks Rise with MH Composite, Big Oil still dampens Dow Read More

Manufactured Home Communities REIT Produces Significant Income in 2014

By / / Manufactured and Modular Housing News

ChicagoBusiness   reports that Chairman Sam Zell’s Equity Lifestyle Properties is the third most prosperous Real Estate Investment Trust (REIT) in Chicago. It seems that shares in the company have returned 42.5 percent this year, largely because of rising occupancies and rents and lower-than-expected expenses.  The company boasts a 92 percent

Manufactured Home Communities REIT Produces Significant Income in 2014 Read More

Best Housing News in 10 years: Good News or Wishful Thinking?

By / / Manufactured and Modular Housing News

According to Chris Matthews writing in Fortune, “Homebuilders just got the best news in nearly a decade.” His claim is based on the fact that Neil Dutta, head of economics at Renaissance Macro Research, pointed out to clients in a note on Thursday that “household formations in 2014 through September

Best Housing News in 10 years: Good News or Wishful Thinking? Read More

Rising Manufactured Housing Composite Value Outperforms markets, Russian Ruble tumbles 12%

By / / Manufactured and Modular Housing News

The good news is that manufactured housing related stocks tracked rose today, while the 3 major U.S. markets continued their downward trend. As Russia slides toward economic woes tied to their oil-and-gas-dependent economy, CNN Money  says that purchases by Putin’s Russian government of military equipment is on the rise. Today’s

Rising Manufactured Housing Composite Value Outperforms markets, Russian Ruble tumbles 12% Read More

Tastes in Housing Reflect Changing Lifestyles, can Manufactured Housing businesses benefit?

By / / Manufactured and Modular Housing News

The trend in building a “dream” house or buying a luxury home with lots of square footage has changed for some as people adapt to decreasing incomes and uncertainty about employment. Frugality is becoming a virtue, and smaller homes are being chosen for their low cost, low taxes and upkeep,

Tastes in Housing Reflect Changing Lifestyles, can Manufactured Housing businesses benefit? Read More

Proposed Changes to Dodd-Frank in New Federal Budget Offers Hope to Manufactured Housing Industry

By / / Manufactured and Modular Housing News

For awhile, it seemed doubtful that any changes to the Dodd-Frank bill governing financing for residential or manufactured housing (MH) might pass. Now, there seems to be a ray of hope for the MH industry. The evidence is a rider attached to the 2015 federal budget passed late on the

Proposed Changes to Dodd-Frank in New Federal Budget Offers Hope to Manufactured Housing Industry Read More

3D Printing Houses – A Threat to U.S. Manufactured Housing Industry?

By / / Manufactured and Modular Housing News

In a follow up to a Daily Business News  story posted Saturday, this video below explores how 3D printing of houses posses a direct challenge to prefabricated construction. One of the possible outcomes, says Black Rock Productions, is the potential for a loss of jobs in the construction field. What

3D Printing Houses – A Threat to U.S. Manufactured Housing Industry? Read More

Third Avenue touts value of Cavco Industries

By / / Manufactured and Modular Housing News

As part of a broader analysis of their position in U.S. housing firms, Third Avenue Value Fund in a recent statement praised Cavco Industries as one of the “…well-capitalized and attractively priced companies involved in different points in the residential “value chain“. GuruFocus tells MHProNews that Third Avenue’s thinking on

Third Avenue touts value of Cavco Industries Read More

Sunday Morning Weekly Recap – Factory Built – Housing News – for 12-7 to 12-13, 2014

By / / Manufactured and Modular Housing News

Do you have your coffee, tea or other favorite beverage at hand? Ready to catch up on the headlines from the week just past? We have an East Coast holiday-style heart-warming story, as well as a heart-breaking story from out West. We spotlight a looming threat to MH, and this one

Sunday Morning Weekly Recap – Factory Built – Housing News – for 12-7 to 12-13, 2014 Read More

Home Depot selling 3D Printers – Chinese Printer Builds 10 houses in 1 day

By / / Manufactured and Modular Housing News

The Motley Fool has been saying for about two years now: ‘Dear China, It’s Over.’  For about the same period, MHProNews has tracked stories on those who look ahead and say the 3D Printing of houses is looming just over the horizon. Now, Home Depot had jumped into the emerging

Home Depot selling 3D Printers – Chinese Printer Builds 10 houses in 1 day Read More

HUD and MHARR leaders meet to discuss pending industry issue

By / / Manufactured and Modular Housing News

The Manufactured Housing Association for Regulatory Reform (MHARR) provided MHProNews today with a snap-shot of their meeting with Department of Housing and Urban Affairs (HUD) officials. Danny Ghorbani, M. Mark Weiss, two past and the current MHARR Chairman were present representing MHARR to talk to HUD Code Manufactured Housing (MH) Program

HUD and MHARR leaders meet to discuss pending industry issue Read More

Patrick bucks MH stock down trend, as oil’s spill slides broader markets lower

By / / Manufactured and Modular Housing News

Patrick was the sole tracked stock today that bucked the down trend among manufactured housing. The broader markets also suffered. Wasn’t it just yesterday that MarketWatch  proclaimed that stocks may have finally won their 100 year battle with big oil? Their new story line for today is that the markets

Patrick bucks MH stock down trend, as oil’s spill slides broader markets lower Read More

T.J.T., Inc. Results for Q4 and Fiscal Year 2014 reported

By / / Manufactured and Modular Housing News

Emmett, Idaho based T.J.T. Inc., reported their fourth quarter and 2014 fiscal year results. TJT (OTC Markets: AXLE) is a supplier of axles, tires and installation supplies for the manufactured home industry, says BusinessWire  and HearldOnline. Income before taxes was stated as $247,912 on net sales of $6,163,707. Fourth quarter

T.J.T., Inc. Results for Q4 and Fiscal Year 2014 reported Read More

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