Author name: MHProNews

New MHC name, owner and planned changes bring hope to area Read More

New MHC name, owner and planned changes bring hope to area

By MHProNews / September 2, 2013 / Manufactured and Modular Housing News

Hillyard business owners and area residents are hopeful about change for an older ‘mobile home park’ that a new owner plans for this Spokane, Washington land lease community. The former Wishing Well Mobile Home Park has been renamed Easy Acres. KREM tells MHProNews that Lisa Bonser, a resident says she

More Home Buyers Purchasing Property All Cash Read More

More Home Buyers Purchasing Property All Cash

By MHProNews / September 2, 2013 / Manufactured and Modular Housing News

The tougher standards for mortgage lending – a result from Dodd-Frank – combined with rising mortgage rates has made it difficult for many buyers to get loans. This has lead to more all-cash deals on home buying. RealtyBiz tells says recently data released by RealtyTrac shows that 40% of home

Wealthy returning, driving Million-dollar home sales up Read More

Wealthy returning, driving Million-dollar home sales up

By MHProNews / September 2, 2013 / Manufactured and Modular Housing News

A report from real estate research firm DataQuick reveals that U.S. home sales priced at more than $1 million are rising at three times the rate of the broader market. The journalgazette tells MHProNews that Craig Moe, who bought a $1.2 million home in June said, “When the real estate

Markets Closed Today, Happy Labor Day Read More

Markets Closed Today, Happy Labor Day

By MHProNews / September 2, 2013 / Manufactured and Modular Housing News

The stock markets are closed today, in observance of the labor day holiday. MHProNews wishes all a happy Labor Day. Speaking of time off and holidays, the Daily Business News’ industry in focus reporter Matthew Silver has been on holiday the last two weeks. Silver returns tomorrow to resume the

Movie Star’s Two Million Dollar Manufactured Home Masterpiece Creates Teachable Moment Read More

Movie Star’s Two Million Dollar Manufactured Home Masterpiece Creates Teachable Moment

By MHProNews / September 2, 2013 / Manufactured and Modular Housing News

Following up on a popular story from last Friday, ManufacturedHomeLivingNews.com is showcasing Saw move star Betsy Russell’s $1,999,999 luxury pad overlooking the Pacific in posh Malibu, California. Numerous media outlets picked up on the real estate listing in exclusive Pointe Dume Club manufactured home land lease community. But LAist, TMZ

Manufactured home community residents still hope town will buy land Read More

Manufactured home community residents still hope town will buy land

By MHProNews / September 2, 2013 / Manufactured and Modular Housing News

Over a dozen residents in the pricey Aspen, Colorado area who live in the Pan and Fork Mobile Home Park attended the Basalt Town Council meeting, hoping for the council to buy land for their homes. Many of the residents don’t speak fluent English, so were unable to express themselves.

Barnes blasts blackest comedy of Dodd-Frank, signals retreat toward “common sense” Read More

Barnes blasts blackest comedy of Dodd-Frank, signals retreat toward “common sense”

By MHProNews / September 2, 2013 / Manufactured and Modular Housing News

Writing in Inman, mortgage broker Lou Barnes laments that “six years after mortgage misbehavior stopped cold, we still do not have a national understanding of what happened, laboring in ignorance, score-settling, and the entirely successful effort by Wall Street investment bankers to dodge accountability.” Barnes notes that, “Pre-bubble, every mortgage

Bellicose Banter Braces, Dow slips, tracked housing stocks mixed Read More

Bellicose Banter Braces, Dow slips, tracked housing stocks mixed

By MHProNews / August 30, 2013 / Manufactured and Modular Housing News

As proof that ‘volatility is back’ in the market for the foreseeable future, the Dow slipped again today, or 9 out of 12 trading sessions. President Barack Obama and his administration’s recent bellicose rhetoric – even with talk about limits on what may be an impending incursion by the U.S.

Stunning 2 Million dollar manufactured home, but TMZ and media struggle to ‘get it’ Read More

Stunning 2 Million dollar manufactured home, but TMZ and media struggle to ‘get it’

By MHProNews / August 30, 2013 / Manufactured and Modular Housing News

Saw star Betsy Russell recently listed her lavish, custom manufactured home overlooking the Pacific Ocean in ritzy Malibu for just a buck under a cool 2 million. TMZ and other media outlets both raved and ranted. “On top of the nearly $2 million price tag, the HOA fees will run

Adkins Blasts Media for Anti-Manufactured Home Bias Read More

Adkins Blasts Media for Anti-Manufactured Home Bias

By MHProNews / August 30, 2013 / Manufactured and Modular Housing News

In an editorial, MH aficionado Crystal Adkins said that in her opinion, journalists are a significant part of the image problem manufactured home owners and professionals face daily. “There are so many great benefits and advantages of manufactured homes.” Adkins said. She writes that manufactured home owners ought to be

Irene, Two Years Later Read More

Irene, Two Years Later

By MHProNews / August 30, 2013 / Manufactured and Modular Housing News

VPR tells MHProNews that most of the money from recovery efforts post tropical storm Irene went to rebuilding state and town roads and bridges. But signifcant sums were also used for relief of those, including in manufactured home communities like this one in Berlin, VT, to help storm victims with

Tiny House, not ok’d for Manufactured Home Community Read More

Tiny House, not ok’d for Manufactured Home Community

By MHProNews / August 30, 2013 / Manufactured and Modular Housing News

Bob Pritt’s 208 square foot home is only 208 square feet, cost him about $20,000 to build, but Anderson County can’t say yes, because his home is not a HUD Code certified manufactured home, so it can’t be placed in a manufactured home land lease community. Pritt’s had his home

Brown signs Brown’s Manufactured Homes Finance bill Read More

Brown signs Brown’s Manufactured Homes Finance bill

By MHProNews / August 30, 2013 / Manufactured and Modular Housing News

California Governor Edmund Brown signed legislation – AB 379 – authored by Assemblymember Cheryl R. Brown (D-San Bernardino). The bill’s objective is to preserve access to manufactured housing by allowing it to be converted from “chattel” – personal property – into real property. Inland Valley News tells MHProNews a key

Dow rises on positive economic report, tracked housing stocks mixed Read More

Dow rises on positive economic report, tracked housing stocks mixed

By MHProNews / August 29, 2013 / Manufactured and Modular Housing News

CNN Money tells MHProNews that the U.S. economy grew at 2.5% in the 2nd quarter of 2013, helping boost the markets. Some U.S. employers are playing a ‘blame game’ regarding Obamacare (ACA), while some say almost ¾ of all job creation right now is part time caused by the 30

NAR – Pending Home Sales Down in July, but up over 2012 Read More

NAR – Pending Home Sales Down in July, but up over 2012

By MHProNews / August 29, 2013 / Manufactured and Modular Housing News

Mirroring the July drop in new home activity, the National Association or Realtors (NAR) reported that pending home sales dropped by 1.3% in July. The NAR said that even with the drop, July was up 6.7% from the same month in 2012. Marketwatch tells MHProNews that “By region, pending home

Panoramic’s Kennedy says, best and worst of times Read More

Panoramic’s Kennedy says, best and worst of times

By MHProNews / August 29, 2013 / Manufactured and Modular Housing News

Panoramic Interests CEO Patrick Kennedy says that for San Francisco developers, this is the best and worst of times. Epoch tells MHProNews that for those building in currently under-supplied market, it’s a good time. But costs are high, which are ultimately passed onto consumers. So Panoramic used modular construction for