MHProNews

Bender MH community sells to developer

Colorodoan reports that Bender Mobile Home Park has sold to a developer who plans to redevelop the location as single family housing. Located at 912 Wood Street in Fort Collins, CO, the property has 16.7 acres, some two dozen factory built homes and some site built housing structures on it …

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Baywatch’s Pam Anderson as your “upwardly mobile” neighbor, 2+2MH Sells for 2 Million Cash

Curbed, AOLRE and MyWestTexas are among the many to report that the most expensive manufactured home sale of the year has closed in Paradise Cove manufactured home community in Malibu, CA.  The home listed for some 2.5 million and was sold for 2 million dollars –  ‘all cash.’  It is …

Baywatch’s Pam Anderson as your “upwardly mobile” neighbor, 2+2MH Sells for 2 Million Cash Read More

Canadian Solar Decathlon Entry Blends design with cultural sensitivity

ClearnEnergyAuthority reports that Team Canada’s entry in the 2011 Solar Decathlon in Washington D.C this week uses native cultural design for their solar home. “In Canada, and I’m sure in North America, cultural considerations have been largely left out of the process of building homes, and that omission doesn’t represent …

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High-End Texas modular builder debut

MySA reports that American Institute of Architects award winning Lake|Flato Architects has entered the modular/prefabricated home field with a new subsidiary. Lake|Flato Porch House is building Leadership in Energy and Environmental Design (LEED) certified modulars in Navasota TX, near Houston. “What Lake|Flato does particularly well comes into play,” said Lake|Flato architect Bill …

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Exclusive Video Interview with Kevin Clayton, CEO of Clayton Homes, a division of Warren Buffett’s Berkshire Hathaway

Up close and personal interview with Kevin Clayton, CEO of Clayton Homes, the largest factory built home-builder in the United States and a wholly owned subsidiary of Warren Buffett’s Berkshire Hathaway. For nearly one hour, author Robert Miles interviews Kevin Clayton on this University of Nebraska UNO Televion interview. Miles’ …

Exclusive Video Interview with Kevin Clayton, CEO of Clayton Homes, a division of Warren Buffett’s Berkshire Hathaway Read More

Dow nearing YTD break-even, in day 5 of the uptick, MH mixed

CNNMoney reports the Dow continued its climb today, closing the week only -.059% below a YTD break even. The Dow Jones Industrial Average closed at 11,509, +75.91 ( +0.66%).  The Yahoo! Finance Manufactured Housing Composite Value declined slightly to 793.7, off -0.34%. Affiliated Managers Group 87.70  +0.19 (+0.22%) . Clayton Homes, Vanderbilt …

Dow nearing YTD break-even, in day 5 of the uptick, MH mixed Read More

Adventure and Granger love Louisville

Ron Thomas, Sr., Chairman of the  Midwest Manufactured Housing Federation (MMHF), said: “I’m happy to tell you the Louisville Show is scheduled for January 11, 12, and 13.  Everyone I talk to is very pleased the show is moving forward in 2012.”  As if to underscore Thomas’ point, Wally Comer, …

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First Nation flood victims looking to modular homes solution

CBCNews reports that flood evacuees from the Lake St. Martin First Nation in Manitoba band officials are in talks towards establishing a temporary village to call home.  Around 700 Lake St. Martin residents have been living in Winnipeg hotels since May, when they were evacuated from their reserve due to …

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Flooded factory home builder calls it quits

WNEP reports that Tropical Storm Lee caused flooding put a Pine Grove, PA factory home builder’s plant out of business.   Flood waters ruined almost everything at Pine Grove Manufactured Homes in Schuylkill County. Long-time employees said managers have told them the flood forced the factory to close. “They told us …

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August defaults up 33%, Foreclosure wave rising

Yahoo!Finance reports a new wave of foreclosure is expected, as the number of  U.S. homes that received an initial default notice – the first step in the foreclosure process – jumped 33 percent in August from July, per RealtyTrac. “This is really the first time we’ve seen a significant increase …

August defaults up 33%, Foreclosure wave rising Read More

Emotions heat over plan to place ‘mobile home’ near traditional houses

Isurfwebster reports that Malcolm Coffman approached the Dixon City Commission to request a moratorium on the issuance of building permits while working to enact zoning laws to prevent “mobile homes” from being set up in neighborhoods with high-value traditional houses.  Coffman owns a conventional house with a reported value of …

Emotions heat over plan to place ‘mobile home’ near traditional houses Read More

Most Euro markets Rise, Dow and MH rises too

CNNMoney reports that most European markets rallied as hopes continue for a deal to save debt-plagued Greece.  The Dow rose 11,433.18 +186.45 ( +1.66%)., with a year to date loss of  -1.25%.  The Yahoo! Finance Manufactured Housing Composite Value closed at  796.4, up +3.89%. Affiliated Managers Group 86.30 + 2.80 (+3.31%), but …

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New modular homes under 6K? Yes, says MIT.

MIT reports on a project that has yielded basic new modular designed homes for under $6000.  The goal was to design a home for $1000 for the poor, or to address emergency housing and other high demand housing needs.  The idea to attempt building $1,000 homes was first conceived by …

New modular homes under 6K? Yes, says MIT. Read More

New solar energy system for homes can track the sun

BrightEnergy reports on a partnership between Vermont-manufactured AllSun Tracker solar electric system and ReVision Energy to bring a new technology to homeowners and businesses throughout northern New England. Designed and manufactured in Williston, VT, AllSun Trackers uses innovative GPS and wireless solar technology to follow the sun throughout the day.  …

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Bachus introduces bill to prevent FEMA from demolishing storm shelters

The House Committee on Financial Services issued a release that reports Congressman Spencer Bachus (AL-6) introduced legislation to prevent the removal or demolition of storm shelters built to protect school children after the devastating tornadoes in Alabama this past spring. Bachus authored the Community Shelter Protection Act of 2011 in …

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Builder sees bright outlook for future of modular homes

DCcitybizlist reports that modular home builder Nationwide Homes expects a net increase in the strength of the modular housing as the nation slowly climbs out of recession. Nationwide recently celebrated construction of its 35,000th home.  The firm’s sales activity is picking up since last year, when Nationwide became the country’s …

Builder sees bright outlook for future of modular homes Read More

Crime Free Training offered by City and County

TahoeDailyTribuine reports that the Douglas County Sheriff’s Office and South Lake Tahoe Police Department will offer a free Crime Free Multi-Housing Program.   The training program is geared to local multi-family (apartment) housing, manufactured home communities, vacation rental owners or managers, and property management companies. This innovative, law-enforcement-based crime prevention …

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Dow rises on hopeful Euro news, MH rises too.

CNNMoney reports that the Dow Jones Industrial Average closed at  11,105.85 +44.73 +0.40%.  The Yahoo! Finance, Manufactured Housing Composite Index closed up at  801.9 +0.41%.  Affiliated Managers Group 82.74 + 0.99 (+1.21%), but slid after hours. Clayton Homes, Vanderbilt Mortgage and Finance and other MH homebuilding, lending and suppliers parent company Berkshire …

Dow rises on hopeful Euro news, MH rises too. Read More

New $1.5 million modular development for B.C. seniors opened

The Ministry of Energy and Mines along with the Canada Mortgage and Housing Corporation (CMHC) announced the recent opening of a new, modular affordable housing project.  Located in 100 Mile House is Pioneer Haven, the new $1.5-million affordable seniors housing development provides eight apartments built through modular home construction for seniors and …

New $1.5 million modular development for B.C. seniors opened Read More

Sun Communities Debt/Asset Ratio relatively high

Zacks reports that Sun Communities (SUI) Debt To Asset ratio are relatively high compared to the top five companies in the residential REITs (Real Estate Investment Trust) industry. The Debt/Asset ratio shows the proportion of a company’s assets that are financed through debt. If the ratio is greater than one, most …

Sun Communities Debt/Asset Ratio relatively high Read More

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