In the U.K., the ongoing housing crisis has the nation looking for resources. Prefab has emerged as a potentially efficient solution, and one producer is adding a unique twist that helps not only house, but to rehabilitate. According to Construction Manager, six months ago, Manchester-based procurement consortium Procure Plus launched …
In the first people’s community of Fort Chipewyan in Northern Alberta, Canada, the manufactured housing cavalry is coming to the rescue to solve a housing shortage. According to the CBC, sixteen manufactured homes are on their way to the community, to tackle a chronic overcrowding challenge that has families living …
Sam Zell is no stranger to success, or “knowing where the money is.” It appears he’s found his next target. According to the Bloomberg Quint, the billionaire real-estate investor and chairman of Equity LifeStyle Properties (ELS) is joining Continental Resources Inc.’s Harold Hamm in the growing list of enthusiasts of …
MHProNews has learned that Skyline Corp. has come to terms to sell its Mansfield, Texas manufactured-housing facility to Champion Home Builders. According to the Star-Telegram, under terms of the deal, Champion would pay a $99,000 deposit and then $2,125,000 upon closing, scheduled to occur on or before April 7, according …
Skyline Makes Announcement Regarding Mansfield Facility Read More
As we enter the month our theme is The Manufactured Housing Industry’s March Madness, and our featured articles are now live on the MHProNews.com home page. To see the line-up of over 2-dozen featured articles for this month, along with the headline commentary, please check out the Masthead blog on Tuesday …
Once known for its booming modular and manufactured home industry, Oxford, Maine has been dubbed the “Manufactured Housing Capital of New England.” Sadly, a downturn in May 2016, including the shutdown of Keiser Homes, cost at least 120 workers their jobs. The Daily Business News originally covered that story here. But …
Leading up to his speech to a joint session of Congress Tuesday evening, many were curious as to exactly how President Donald Trump would approach the moment and what his message would be. Post speech, the responses, and where they came from, were quite interesting. “This will be a very …
The report is in from the National Association of Realtors (NAR). According to Housing Wire, insufficient supply levels and contract activity in the West and Midwest decreased, bringing down pending home sales to their lowest level in a year. The Pending Home Sales Index is a “forward looking indicator,” based …
With mortgage rates now beginning to move, those in the market felt the first effects of rising rates in December. According to Housing Wire, information from First American Financial Corp., a provider of title insurance, settlement services and risk solutions for real estate transactions, shows that the company’s price index …
Some interesting tips regarding mortgage down payments have come from one of the most famous places in New Mexico. According to the Taos News, the median down payment for first-time home buyers has been six percent for three straight years. And in the National Association of Realtors’ (NAR) “aspiring home buyer …
When the “Oracle of Omaha” speaks, people listen. Actually, millions of people listen. On February 25th, Warren Buffett delivered his annual letter to shareholders. In his letter, the manufactured housing industry was front and center, as Buffett discussed Clayton Homes. “Clayton and Berkshire have been a wonderful partnership,” wrote Buffett. …
The Report, Warren Buffett, Kevin Clayton and Clayton Homes Read More
As we wrap up the month of February, our featured articles are on the MHProNews.com home page. This month’s theme? Frank, Frustrations and Free Enterprise February in MHLand, 2017. To see the line-up of over 3-dozen featured articles for this month, along with the headline commentary, please click the link …
Elkhart, Indiana-based Skyline Corp. (NYSE: SKY) announced in an 8-K filing with the SEC last week that it plans to suspend operations at its manufactured housing facility in Mansfield, Texas. “The suspension is due to the plant being unable to profitably operate since it was converted from producing recreational vehicles …
Sam Zell, a name familiar to the manufactured housing industry, spoke to TheStreet recently at a conference in Boca Raton, Florida, about the “staggering economic opportunity” for the U.S. under President Donald Trump. “Trump’s vow to cut government regulation could lead to one trillion of (economic) stimulus without spending anything, …
The January U.S. home sales report is out and shows that sales have reached their highest level in a decade, despite limited supply and rising prices. According to The Real Deal, deals on previously owned homes, which comprise the overwhelming majority of U.S. sales, hit a seasonally adjusted annual rate …
As the Trump Administration prepares its first budget, a familiar name is on the chopping block. Legal Services Corporation, AmeriCorps, the National Endowments for the Arts and the Humanities, and the Corporation for Public Broadcasting (CPB), parent of National Public Radio (NPR), are all in the crosshairs for cuts. According …
Trump Administration Readies Budget Cuts, Familiar Name on List Read More
In what has been a multi- year saga, the city of Tampa, Florida is suing the owner of a condemned manufactured home community for millions in code violation fees. According to SaintPetersBlog, nearly six years ago GreenPark Residences obtained a neglected 18-unit community in the city, and since then, officials …
Wyoming, a state with one of the highest populations of people residing in manufactured homes, is working on leveling the playing field for owners. According to Wyoming Public Media, the state does not currently extend the same rights to manufactured home owners as it does for site built homeowners, but …
Bill Could Improve Economic Mobility for MH Owners Read More
Former Bend, Oregon mayor and property firm president Allan Bruckner, recently penned an op-ed in The Bulletin, which makes the case for manufactured housing as a solution to the city’s affordable housing crisis. “One of the obvious and most talked about problems in Bend is our need for affordable housing. …
Op-Ed Takes City to Task, Advocates for MH as Solution Read More
Washington, D.C., February 21, 2017 – The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews that it has filed written comments on a December 16, 2016 rule proposed by the U.S. Department of Housing and Urban Development (HUD) to modify minimum payments provided to State Administrative Agencies (SAA) within …
