Businessweek reports that Oklahoma Governor Mary Fallin announced a program that could help 500 households in her state receive up to a $2,000 cash rebate for the installation of a qualified tornado shelter. Using $1 million in federal grant money, the program offers a rebate of up to 75 percent …
CNNMoney reports a nice jump in the Dow, on the heels of a pledge for ‘no default’ by Greece. Market headlines include a tag by millionaires who are urging Warren Buffett to speak for himself and not them on President Obama’s call for higher taxes on the wealthy. The Dow …
No default pledge boost Dow, Manufactured housing stocks rise Read More
Housingwire reports on a study by The Office of the Inspector General that reveals that the Federal Housing Finance Agency (FHFA) lacks the staff to properly monitor the mortgage giants in conservatorship. The study also indicates the FHFA failed to provide adequate oversight over default services legal issues. The Inspector …
Inspector General’s report tags the FHFA’s handling of GSEs. Read More
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 …
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
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 …
Canadian Solar Decathlon Entry Blends design with cultural sensitivity Read More
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 …
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’ …
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
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, …
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 …
First Nation flood victims looking to modular homes solution Read More
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 …
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 …
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
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 …
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 …
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. …
New solar energy system for homes can track the sun Read More
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 …
Bachus introduces bill to prevent FEMA from demolishing storm shelters Read More
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
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 …
