Businessweek reports thatPalm Harbor Homes Inc., which sold their assets to Fleetwood in April for $83.9 million, has scheduled a Nov. 17 confirmation hearing to approve a Chapter 11 plan. The bankruptcy court in Delaware approved this week the explanatory disclosure statement on Sept. 27. The disclosure statement predicts that holders of […]
Palm Harbor Homes Plan Set for Nov. 17 Confirmation Read More
Boston reports that New Hampshire’s attorney general has filed suit against the developers of Lake Winnipesaukee area housing complex, The suit alleges safety and building code violations, which the developer Arthur Sullivan denies. The legal pleadings claim many of the 93 modular homes at the Villas at Paugus Bay in
Attorney General files against MH Developer Read More
CNNMoney reports that the Dow closed 11,010.90 -179.79 (-1.61%) and off -4.89% year-to-date. The Yahoo! Finance Manufactured Housing Composite value dropped even harder, closing at 730.6, off -4.28% today. Affiliated Managers Group 79.88 -4.97 (-5.86%), but climbed sharply after the bell. Clayton Homes, Vanderbilt Mortgage and Finance and other Manufactured
Monday’s Rally Rusts, Stocks Dust, Manufactured Housing tumbles too Read More
ChicagoTribune reports that fabled Frank Lloyd Wright’s American System-Built Home in south Milwaukee has been placed on the market for sale. The home is one of six that Wright did as part of his pursuit for affordable housing. It was made from prefabricated materials that were assembled onsite. The home
Ahead of his time, Frank Lloyd Wright’s American System-Built Homes for sale Read More
Istockanalyst reports that a bill by CA state Senator Jean Fuller could make it easier for residents in land lease communities there to get private money loans. With professionals, buyers and sellers all pointing to a lack of commercial banks in the field, this is seen as important for all
Bill could make private loans in manufactured home land lease communities easier Read More
Businesswire reports that real estate and investment experts urge prospective homebuyers to purchase a home now as part of a long-term savings and investment solution. In recent reports, the national home affordability index is at its highest levels since 1971. Prices have fallen so far that buying a home appears
Low interest and prices yields maximum home affordability Read More
NorthFortMyersNeighbor reports that manufactured home communities in Lee county may be allowed to keep their recycling programs in place. In a recent 3-2 vote, Lee County (FL) Commissioners voted to have staff come back with a revised ordnance that will “grandfather-in” the parks’ way of handling recycling. 23 manufactured home
Manufactured Home Communities may win on private recycling plan Read More
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
Governor announces storm shelter rebate offer Read More
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
Bender MH community sells to developer Read More
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
High-End Texas modular builder debut Read More
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,
Adventure and Granger love Louisville Read More
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
Flooded factory home builder calls it quits Read More
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
