Economy

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Home Sales, Prices Expected to Rise

A new report from the National Association of Realtors (NAR), shows that home sales numbers are projected to grow this year, but at the expense of affordability. According to the M Report, existing home sales could expand 1.7 percent in 2017, even though homebuyers at many income levels could see …

Home Sales, Prices Expected to Rise Read More

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Homeownership Remains the Core of the American Dream

A recent poll commissioned by the National Association of Home Builders (NAHB) shows that homeownership is still at the core of the American Dream. According to the Times NWI, even as housing markets continue to recover at different rates around the country, the American Dream of homeownership remains strong – …

Homeownership Remains the Core of the American Dream Read More

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While Hundreds Remain Displaced, Solutions Sit Idle

In Lumber Ridge, North Carolina, it’s been four months since Hurricane Matthew wreaked havoc on the area. Over 350 families were displaced due to the storm, and, with homes too damaged to live in, they remain in hotels and motels, waiting. The reason? According to the Federal Emergency Management Agency …

While Hundreds Remain Displaced, Solutions Sit Idle Read More

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Sunday Morning Weekly Recap Manufactured Housing Industry News February 12th 2017 to February 19th 2017

A new month means new-featured articles 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 above. Manufactured, modular and prefabricated home …

Sunday Morning Weekly Recap Manufactured Housing Industry News February 12th 2017 to February 19th 2017 Read More

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NAHB Home Builder Confidence Report Released

In the latest report from the National Association of Home Builders (NAHB), homebuilder confidence was down in February, after the November elections boosted the index to an 11-year high. According to MarketWatch, the index fell 2 points to 65 in February, which puts it “solidly above” the 2016 average of …

NAHB Home Builder Confidence Report Released Read More

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Small Business Optimism Index: January Results

Almost one month into the Donald Trump administration, things continue to look up. According to the National Federal of Independent Business (NFIB) survey, small business confidence, which saw the largest month-over-month increase in the survey’s history in December, has now reached its highest point in more than a decade.   …

Small Business Optimism Index: January Results Read More

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No End in Sight? Trump Cheers Stock Market Streak

With the Dow, NASDAQ, S&P 500 and the Russell 2000 Index all on record winning streaks, many are trying to figure out just how all of this is happening. President Donald Trump believes that he has the answer. “Stock market hits new high with longest winning streak in decades,” Trump …

No End in Sight? Trump Cheers Stock Market Streak Read More

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Proposed Death Blows to CFPB Put Forward

Senator Ted Cruz (R-TX) and Rep. John Ratcliffe (R-TX) put forth legislation on Tuesday to abolish the Consumer Financial Protection Bureau (CFPB). “This legislation would give Congress the opportunity to free consumers and small businesses from the CFPB’s regulatory blockades and financial activism, which stunt economic growth,” said Cruz. The …

Proposed Death Blows to CFPB Put Forward Read More

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Sunday Morning Weekly Recap Manufactured Housing Industry News February 5th 2017 to February 12th 2017

A new month means new-featured articles 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 above. Manufactured, modular and prefabricated home …

Sunday Morning Weekly Recap Manufactured Housing Industry News February 5th 2017 to February 12th 2017 Read More

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Tiny Homes, Elite Edition?

As the U.S. and other countries around the world look for solutions to a growing housing crisis, that fight has come to what some would consider an unexpected place. According to the Cape Cod Times, the year-round crisis is mounting on Martha’s Vineyard in Chilmark, Massachusetts, and Marina Lent is …

Tiny Homes, Elite Edition? Read More

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NAHB Commentary On Dodd-Frank Rollback

The National Association of Home Builders (NAHB) has expressed support of President Donald Trump’s actions to roll back the Dodd-Frank Act. As Daily Business News readers are aware, President Trump signed an Executive Order to begin the rollback process that will direct the Treasury secretary to review the 2010 Dodd-Frank …

NAHB Commentary On Dodd-Frank Rollback Read More

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LCI Industries Reports Q4, Year End Earnings

LCI Industries (NYSE: LCII), formerly Drew Industries, reported earnings for Q4 2016 and year-end today. Consolidated net sales in the fourth quarter of 2016 were $403 million, 21 percent higher than Q4 2015 net sales of $334 million. Net income was $26.3 million, or $1.05 per diluted share, for the …

LCI Industries Reports Q4, Year End Earnings Read More

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Legal and General Reveals Secret for Modular, Prefab Lending

The survey arm of insurance giant Legal & General believes it has the answer for bringing the mortgage market on board with prefab and modular home lending. “An industry-wide guarantee would help bring everyone to the market but, of course, their appetites will differ according to the requirements of their …

Legal and General Reveals Secret for Modular, Prefab Lending Read More

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Economic Confidence Index Hits New High – the Trump Effect?

It appears that Americans saw the election of Donald Trump as good reason to be optimistic. According to Newsmax, confidence in the U.S. economy soared to record highs at the time President Donald Trump officially entered the White House, as optimism was higher in January than in any other month …

Economic Confidence Index Hits New High – the Trump Effect? Read More

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MHC Community Owners Seek Code Changes

In Bismarck, North Dakota, affordable housing is of vital importance. And, according to the Bismarck Tribune, a group of manufactured home community owners are petitioning the city commission for the creation of a task force to keep manufactured home community living affordable.   “These homes represent the most affordable unsubsidized …

MHC Community Owners Seek Code Changes Read More

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Sunday Morning Weekly Recap Manufactured Housing Industry News January 29th 2017 to February 5th 2017

A new month means new-featured articles on the MHProNews.com home page. This month’s theme? Frank, Frustrations and Free Enterprise February in MHLand, 2017. Manufactured, modular and prefabricated home professionals know that how a home got to its location should not define a person or their dwelling. What the Daily Business News spotlights …

Sunday Morning Weekly Recap Manufactured Housing Industry News January 29th 2017 to February 5th 2017 Read More

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Jobs Report at the Start of the Trump Economy

The second full week of the Trump Administration came to an end on Friday, and brought with it the first jobs report under the new commander in chief. U.S. employers added the most workers in four months, while wage growth slowed slightly more than projected. According to CNSNews, the report …

Jobs Report at the Start of the Trump Economy Read More

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Trump Signs Executive Order, Dodd-Frank Roll Back to Begin

A busy day for President Donald Trump, as he signed orders to implement additional sanctions on Iran, met with his CEO executive council and signed an Executive Order that is significant to the manufactured housing industry. According to the Daily Mail, the Executive Order to be signed by President Trump …

Trump Signs Executive Order, Dodd-Frank Roll Back to Begin Read More

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MHARR: President Trump’s Regulatory Orders to Directly Impact MH

Washington, D.C., – The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews that regulatory orders issued by the new Administration of President Donald J. Trump should have a direct impact on manufactured homes regulated by the U.S. Department of Housing and Urban Development (HUD), but face defiance, particularly at HUD, …

MHARR: President Trump’s Regulatory Orders to Directly Impact MH Read More

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Recent Victories, More Hard Work to Do: NFIB’s Duggan Speaks

National Federation of Independent Business (NFIB) President and CEO Juanita Duggan and small business leaders from across the U.S. met with President Trump this week, to explain why small business owners have such a big stake in Supreme Court justice nominee, Neil Gorsuch.   The NFIB tells MHProNews that its …

Recent Victories, More Hard Work to Do: NFIB’s Duggan Speaks Read More

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