Author name: MHProNews

Tea Party Republicans challenging Incumbents over SAFE Act, Constitutional issues

Two tea party Republicans serving on the Wilton Republican Committee are part of what may be an re-emerging pattern within the ranks of the party. Not unlike the 2010 Tea Party revolution that brought dozens of Republicans into the House of Representatives, local candidates Rob Arrigo and Elaine Gerber are […]

Tea Party Republicans challenging Incumbents over SAFE Act, Constitutional issues Read More

CA MHC resident says ‘Home Owners Association’ doesn’t speak for her or Residents

A letter to the editor of the ukiahdailyjournal by Judy DeBeni, a resident of Lake Mendocino Mobile Home Estates, in Ukiah CA brings to light an issue that goes well beyond her land lease community. DeBeni writes: “Sue Everett, in her letter of Aug. 7, claims to represent the residents

CA MHC resident says ‘Home Owners Association’ doesn’t speak for her or Residents Read More

Maine Offers Energy Star Manufactured Home replacement plan for pre-1976 Mobile Home owner/residents

MaineHousing’s tells MHProNews about their pre-1976 Mobile Home Replacement Initiative, which provides income-eligible Maine residents with an opportunity to replace the pre-1976 mobile home they own and occupy as their primary residence with a new Energy Star-certified manufactured home. The initiative combines an amortizing, interest-bearing MaineHousing mortgage loan with a $30,000

Maine Offers Energy Star Manufactured Home replacement plan for pre-1976 Mobile Home owner/residents Read More

MHC Residents Protest City, FEMA Decision

Residents of Fox Point manufactured home community in Wheeling, IL protested the town and FEMA’s actions that could keep them from re-occupying homes damaged in floods last April. The dailyhearld tells MHProNews that about two dozen picketers carried signs reading, “Stop discriminating” and “We are poor, not stupid,” as they

MHC Residents Protest City, FEMA Decision Read More

Higher Mortgage Rates Cause Pause, may Fuel more Home Sales soon

The National Association of Home Builders (NAHB) tells MHProNews that sales of newly built, single family homes declined in July 13.4%, to a seasonally adjusted annual rate (SAAR) of 394,000 units. “The drop-off in sales in July is in part a reflection of buyers’ reaction to the recent uptick in

Higher Mortgage Rates Cause Pause, may Fuel more Home Sales soon Read More

NW economists, how to taper without killing housing, Day Two of Stock Rebound

Day two of the rebound from stocks saw the Dow close at 15,010.51, +46.77 (+0.31%). CNN-Money tells MHProNews that some investors may have taken hope in a new academic paper from Northwestern University economists Arvind Krishnamurthy and Annette Vissing-Jorgensen presented at the annual meeting of central bankers in Jackson Hole, WY,

NW economists, how to taper without killing housing, Day Two of Stock Rebound Read More

High Demand for Manufactured Homes in Manitoba, but limited spaces in MH Communities

Demand for Canada’s version of manufactured housing is rising rapidly in Manitoba, at the very time spaces in provincial land lease communities are scarce. With single family home sales in the region averaging $285,000, a new manufactured home in Manitoba for $115,000 looks very reasonable. So it is no surprise

High Demand for Manufactured Homes in Manitoba, but limited spaces in MH Communities Read More

Green Courte buys another ‘Senior’ Manufactured Home Community

Green Courte Partners, LLC announced the acquisition of Lamplighter Manufactured Home Community, an age-restricted land-lease community, containing 260 home sites, located in Port Orange, Florida. Green Courte engaged American Land Lease, Inc., a wholly-owned subsidiary of its second fund, Green Courte Real Estate Partners II, LLC, to manage the community.

Green Courte buys another ‘Senior’ Manufactured Home Community Read More

Emergency Quadruple Bypass Surgery for RV/MH Hall of Fame President Darryl Searer

Darryl Searer, president, RV/MH Hall of Fame is progressing well today after undergoing a successful emergency quadruple bypass surgery yesterday morning at the Memorial Hospital in South Bend, according to Barry Cole, Hall chairman of the board. Cole said, “Over the past weekend Darryl suffered what he considered possibly symptoms

Emergency Quadruple Bypass Surgery for RV/MH Hall of Fame President Darryl Searer Read More

Rent Control Victors Get Subdivision OK’d by city

The battle over rent control in Capitola, CA’s Sand and Surf manufactured home community is one that MHProNews has tracked for industry readers over the years, in Daily Business News articles like the one linked here. HK&C Law has announced that Capitola has now “quietly” approved the long sought subdivision.

Rent Control Victors Get Subdivision OK’d by city Read More

Trading Halted, Dow’s 6 Day Slide Ends

A “technical glitch” caused trading on the NASDAQ to halt for some 3 hours today. Meanwhile, CNN Money tells MHProNews that the Dow’s 6 days slide ended, as the market closed at 14,963.74, up $66.19 (+0.44%). The Yahoo! Financial Manufactured Housing Composite Value: 939.3, +1.63%. Cavco Industries lead gainers, 55.98 +2.86‎ (5.38%‎).

Trading Halted, Dow’s 6 Day Slide Ends Read More

Modular Homes becoming a new Jersey Shores thing

Updating the recent story on Scranton PA based Westrum Development is installing a two story Cape Cod modular home on the post hurricane Sandy Jersey shore the firm built in just 28 days. Cost for Westrum’s three-bedroom modular home, says totalmortgage and the Wall Street Journal, is $179,000. 10 homeowners

Modular Homes becoming a new Jersey Shores thing Read More

Pre-HUD Code Mobile Homes Fingered for Construction and Energy Issues

Mold, uneven floors and energy wasting are among the complaints that Charlotte White, an owner of a pre-HUD Code mobile home expressed, says earthfix. The 64 year old White is retired and lives in a single wide located in Rainbow Rock Village in Curry County, Oregon. Their story underscores the

Pre-HUD Code Mobile Homes Fingered for Construction and Energy Issues Read More

Former CEO of 152 Billion BB&T bank says Dodd-Frank smothers small business lending

Doug Altner of the Ayn Rand Center for Individual Rights reports Home Depot co-founder Bernie Marcus and Subway founder Fred Deluca saying they couldn’t have started their businesses in today’s regulatory environment. In an interview with John Allison — president of the Cato Institute and the former CEO of BB&T

Former CEO of 152 Billion BB&T bank says Dodd-Frank smothers small business lending Read More

New Hampshire’s Community Loan Fund converts MHC #106

Residents of Lamprey River and Railroad Street land lease communities in Newmarket, NH recently purchased their communities. Heron Point Estates Cooperative, New Hampshire’s 106th manufactured-home cooperative forged through the work of the state’s Community Loan Fund, will manage both communities.  Education, technical assistance and funding were arranged by the New

New Hampshire’s Community Loan Fund converts MHC #106 Read More

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