Teranet-National house price index continued to rise in July. The index tracks single family home sales in 11 major cities, and is up 4.9% year over year and 4.1% year to date. “On the same day, the Canada Mortgage and Housing Corporation [CMHC] predicted the Canadian housing market would experience …
Canadian Housing experts divided – soft landing or continued house price growth? Read More
Two weeks to the expected release date of the iPhone 6, and the shake, rattle and (death?) roll of Best Buy were among the headline grabbers that Marketwatch touts to MHProNews. Housing is widely seen as looking up, and so went the markets overall today too. Dow 17,124.63 +47.76 +0.28%. …
Market & Tech Talk – iPhone 6 & Housing Hot, Best Buy, Not Read More
“Our customer research has revealed to us that this generation wants a home designed for entertaining and hobbies,” Kevin Clayton, CEO of Clayton Homes, says to MHProNews. “In fact, contrary to what some might think, this generation of retirees is very active and social. That is why they are referred …
Boomers are Zoomers, Kevin Clayton says in latest PR Image Campaign announcement Read More
Cary NC based Affordable Communities Group (ACG) president Mike Conlon announced they have purchased 4 more manufactured home communities (MHCs). ACG has bought 16 land lease communities so far in 2014, totaling 1,700 total home sites, bizjournals tells MHProNews. “What has happened is that a lot of park owners are …
Triangle Investor Doubles Manufactured Home Community Portfolio, buying 4 MHCs Read More
Rand Ghayad, PhD, questions which is adding to the depressed U.S. labor market more, regulations or a lack of demand for goods and services? Writing in the Huffington Post, Dr. Ghayad cites Bureau of Labor Statistics (BLS) figures pointing to only 0.3 loss due to “government regulations/intervention,” vs. “25 percent …
Rand Ghayad’s HuffPo OpEd questions Dodd-Frank factor in Lower U.S. Employment Read More
Landsea Group Co. Ltd. announced investments of more than $1 billion in the U.S. housing market over the next several years, NassauNewsLive tells MHProNews. The first projects will begin with residential developments in three of our nation’s largest housing markets: New York, Los Angeles and San Francisco. To highlight the company’s entry into the U.S., …
China-based international HomeBuilder Targets U.S. with $1,000,0000,000 in Projects Read More
This week, Affiliated Managers Group, Inc. (AMG) drops from a C (a hold) to a D (sell) rating, says InvestorPlace to MHProNews. Affiliated Managers operates as an asset management company providing investment management services to mutual funds, institutional clients, and high net worth individuals in the United States. AMG’s stock has …
MarketWatch tells MHProNews that sales pace of new single-family homes fell to a four-month low in July, missing analysts’ estimates. The Dow closed up, the S&P 500 hit an all time high of 2000 before retreating. DOW 17,079.98 +78.76 +0.46%. NASDAQ 4,557.35 +18.80 +0.41%. S&P 500 1,998.28 +9.88 +0.49%. The …
Sales of SF New Homes hit 4 month low, Manufactured Housing Composite edges up Read More
Evictions of problematic residents and the removal of dilapidated homes are among the valued improvements the Churchill Group of Carbondale, Colorado have made at the Regency East and West manufactured home communities (MHCs) in Willmar, MN. “We’ve gotten rid of a lot of the (problematic) people that the former manager …
WCTrib Says Improvements Appreciated by Manufactured Home Community Residents Read More
The National Association of Home Builders (NAHB) released a study, cited by MHARR, that points to the fact that every $1,000 in price increase on a home decreases the number of potential home buyers by some 200,000 nationally. The study opens with the statement, “One of the often overlooked impacts …
NAHB and MHARR agree, even $1000 price increase Reduces potential Home Buyers Read More
The north bay area, near Napa, CA was rocked Sunday August 24 by a 6.0 magnitude earth quake, followed by over 50 aftershocks. NBC Bay Area TV’s Vicky Nguyen tells MHProNews that some 33 buildings were red tagged by inspectors in Napa, while newer and more earth quake resistant city …
$1,000,000,000+ Property Damage in North Bay Earthquake, most Manufactured Homes Survive Read More
Joe Kelly at the Iowa Manufactured Housing Association and the Press-Citizen tell MHProNews about the death of longtime Iowa City resident, Robert H. “Bob” Wolf, at 75. Wolf died Monday, August 18, 2014 at the Mercy Hospice. The son of Herman and Ilene Wolf, Robert H. Wolf was born September …
David Tonna, President of the Silicon Valley Association of Realtors (SILVAR), is on a mission to educate today’s home buyers, MercuryNews tells MHProNews. Some 90% of all home buyers begin their home shopping online. Most search for a property for 6 months before they contact a real estate agent. But …
SILVAR President Tonna says Internet, Education key for Today’s Home Buyers Read More
Analyzing data released by the U.S. Census Bureau and the Department of Housing and Urban Development (HUD), total U.S. housing starts in July advanced at the rate Seasonally Adjusted Annual Rate (SAAR) of 1.093 million units. ReedConstructionData noted to MHProNews that this is the second highest level since November 2007 …
U.S. stocks slipped amid Ukraine-Russian woes. Marketwatch tells MHProNews that investors shrugged over a “balanced speech” by Federal Reserve Chairwoman, Janet Yellen. The S&P 500 SPX, -0.01% slipped by 1 point, or less than 0.1%, to 1,991, while the Dow Jones Industrial Average DJIA, -0.04% shed 10 points, also less …
Yellen Didn’t Help Markets; Yahoo Manufactured Housing Composite Value Rises, Dow Slips Read More
Mark Brunner at the Manufactured and Modular Housing Association of Minnesota (MMHAMN) tells MHProNews that the All Parks Alliance for Change (APAC) is lobbying Congress to oppose The Preserving Access to Manufactured Housing Act (HR 1779). Brunner says APAC has sent out the following call-to-action statement to their members. “House …
Clearwater (FL) Housing Authority will begin repairs on two single family houses and a building that will be used for multi-family housing use, that should be ready next year for low-income households. Jacqueline Rivera, the housing authority’s CEO, and Deborah Woodard, chairwoman of the housing authority board, said clean up …
Residential Eyesores to be Renovated with Federal/Local Tax Dollars for Affordable Housing Read More
“We obviously … have to have more affordable housing,” Nikki Brennan, executive director of the Georgetown Housing Authority, said. “I think [the need is] pretty much all over Williamson County [WilCo]” ImpactNews tells MHProNews that WilCo has some 500 people on the public housing waiting list, and more than 600 …
Affordable Housing Irony – hundreds on WilCo waiting list – near MH Production Centers Read More
Residents of Syringa Mobile Home Park near Moscow-Pullman, Idaho have been in a struggle that bubbled up over their need for drinkable water and other issues. This began last winter, and resident Doris Carlson told KREM News that “I have wept an awful lot because I am tired of living …
“From Moscow, with Love?” Lawsuit advances against Manufactured Home Community Owner Read More
Amy Tierce, writing in the NationalMortgageNews, tells MHProNews that the CFPB’s website gives an answer to the question, What’s the Difference between being pre-qualified and pre-approved for a mortgage? but that the CFPB’s answer is not, Tierce says, “the full story.” Some lenders have decided, she says, to “not issue pre-approval letters due …
CFPB: What’s the difference between being pre-qualified and pre-approved for a loan? Read More
