Economy

Sunday Morning Recap-Manufactured Housing Industry News July 10-July 17, 2016

By / July 16, 2016 / Advocacy, Announcements, Awards, Business, Communities, Company News, Economy, Factory-Built Homes, Finance, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, Modular, People, regulation, RV, Stocks, Trends

What’s New in public focused Manufactured HomeLivingNews.com Educator, Builder Compare Conventional House to Residential Style Manufactured Home Living & Quality Illinois Professional Couple Discover their Getaway Home near Florida’s top Beaches What’s New in Manufactured Housing Industry Professional News Section 8 vouchers good for buying manufactured home. CBO: U. S. …

Sunday Morning Recap-Manufactured Housing Industry News July 10-July 17, 2016 Read More

Congressional Budget Office: America Taxing Itself into Poverty

By / July 15, 2016 / Business, Economy, Legal, Legislation, Manufactured and Modular Housing News

In an attempt to reach out to the 18 to 30 year old voter demographic (though she leads Trump by double, 45 percent are undecided), Democratic presumptive presidential candidate Hillary Clinton is offering free in state college education for families making up to $125,000 a year. She also advocates raising …

Congressional Budget Office: America Taxing Itself into Poverty Read More

Calls for Housing Finance Reform Continue to Resound

By / July 13, 2016 / Business, Economy, Finance, home buyers, Legal, Manufactured and Modular Housing News

While many on both sides of the aisle recognize the importance of reforming the secondary housing finance system, 32 Congressional Democrats sent a letter to Federal Housing Finance Agency (FHFA) Director Mel Watt saying the government-sponsored enterprises’ (GSEs) capital base, which is set to expire in 2018, sends out a …

Calls for Housing Finance Reform Continue to Resound Read More

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Manufactured Housing Composite Value passes 1525, but Investors Keep selling

By / July 12, 2016 / Business, Company News, Economy, Finance, Manufactured and Modular Housing News

Marketwatch’s Joseph Adinolfi points out that as new highs are hit on the Dow, that investors have actually been selling for months. “Investors have pulled the equivalent of $133 billion from global equity funds so far this year, according to a weekly fund flows report from Bank of America Merrill …

Manufactured Housing Composite Value passes 1525, but Investors Keep selling Read More

425,000 more Underwater Borrowers now Floating again

By / July 12, 2016 / Business, Economy, home buyers, Manufactured and Modular Housing News, Trends

While the negative equity rate is five times higher than it was in 2004, during the first quarter of this year 425,000 borrowers who were once underwater regained equity, according to what Black Knight Financial Services tells nationalmortgagenews, leaving just 2.8 million borrowers in negative equity. Black Knight’s Home Price …

425,000 more Underwater Borrowers now Floating again Read More

Home Construction Industry Still Lacking Qualified Workers

By / July 11, 2016 / Business, Economy, Manufactured and Modular Housing News, People

While 287,000 jobs were added to the rolls in June, jobs for qualified for available construction workers continue to go begging, according to what yahoo!news reports from Ken Simonson, chief economist at The Associated General Contractors of America, who tells FOXBusiness there are available jobs. Simonson says following the housing …

Home Construction Industry Still Lacking Qualified Workers Read More

Sunday Morning Recap-Manufactured Housing Industry News July 3-July 10, 2016

By / July 9, 2016 / Advocacy, Announcements, Business, Communities, Company News, Economy, Factory-Built Homes, Finance, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, Modular, RV, Stocks, Trends

What’s New in public focused Manufactured HomeLivingNews.com Educator, Builder Compare Conventional House to Residential Style Manufactured Home Living & Quality Double-Digit Manufactured Home Sales Growth, MHARR July 7 Report What’s New in Manufactured Housing Industry Professional News House defeats two amendments that would cripple proposed MH financing. Ohio county pursuing …

Sunday Morning Recap-Manufactured Housing Industry News July 3-July 10, 2016 Read More

Labor Dept: 287,000 Jobs Added in June

By / July 8, 2016 / Announcements, Business, Economy, Manufactured and Modular Housing News, People, Trends

In a colossal rebound from from May when only 11,000 jobs were added to the economy, June saw 287,000 added, according to what the Labor Department tells MHProNews through CNNMoney. Unemployment rose slightly in June from 4.7 percent to 4.9 percent, in fact a good sign that more people are …

Labor Dept: 287,000 Jobs Added in June Read More

Builder Confidence for Single-family Homes May be Stretched

By / July 8, 2016 / Business, Economy, home buyers, Manufactured and Modular Housing News, Trends

In an examination of the relationship between single-family housing starts and builder confidence as derived from the National Association of Home Builders (NAHB) monthly survey, businessinsider stated the bullishness of builders may be ill-advised, as MHProNews has learned. Even though confidence rose to the highest level in June since January, …

Builder Confidence for Single-family Homes May be Stretched Read More

Home Prices Gain Nearly Ten Percent

By / July 6, 2016 / Business, Economy, home buyers, Manufactured and Modular Housing News, Trends

According to what CoreLogic’s Home Price Index, home prices posted a year-over-year gain in May of 5.9 percent, and an increase over April, 2016 of 1.3 percent, above CoreLogic’s expectations of an 0.9 percent rise. CoreLogic Chief Economist Frank Nothaft said year-over-year home prices have risen by 5-6 percent for …

Home Prices Gain Nearly Ten Percent Read More

Manufactured Home Growth Still Alive in West Texas

By / July 4, 2016 / Communities, Economy, Legal, Manufactured and Modular Housing News, Manufactured Homes, regulation

Despite the slowdown in the oilfield economy around Odessa, Texas, the population is still growing, especially in the area around West Odessa in Ector County. Local officials estimate based on the number of applications for installing septic systems, which are typically for single-family residences. The 2010 census determined there were …

Manufactured Home Growth Still Alive in West Texas Read More

Sunday Morning Recap-Manufactured Housing Industry News June 26-July 3, 2016

By / July 3, 2016 / Advocacy, Announcements, Business, Canada, Communities, Company News, Economy, Factory-Built Homes, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, Modular

What’s New in public focused Manufactured HomeLivingNews.com St. Petersburg, FL – Misjudging Mobile Homes – Tale of Two Cities What’s New in Manufactured Housing Industry Professional News House committee requesting documentation from CFPB. Modular apartments replacing old apartment buildings. Zeman plans MH build in Florida. Maine city gets community development …

Sunday Morning Recap-Manufactured Housing Industry News June 26-July 3, 2016 Read More

Pending Home Sales Slip April to May

By / June 30, 2016 / Business, Economy, home buyers, Manufactured and Modular Housing News, Trends

Following a three-month climb, the pending home sales index slipped 3.7 percent from April to May, to 110.8, according to the National Association of Realtors (NAR), 2.6 percent higher than expected, but a 0.2 percent decrease from may 2015. With 100 being a healthy number, the index has not fallen …

Pending Home Sales Slip April to May Read More

Construction Employment Lack may Impact Overall Economy

By / June 29, 2016 / Business, Economy, home buyers, Manufactured and Modular Housing News, People, Trends

The National Association of Home Builders (NAHB) said earlier this month unfilled construction positions remain at a post-recession high of 200,000, and could possibly impact the larger economy, according to to the latest labor report from the Associated General Contractors of America, says constructiondive. NAHB’s survey addressed nine trades, and …

Construction Employment Lack may Impact Overall Economy Read More

Dodd-Frank Continues to be Batted About

By / June 28, 2016 / Business, Economy, Legal, Legislation, Manufactured and Modular Housing News, regulation

A group of eminent economic scholars, Nobel Prize winners and former senior economic policy officials all signed on to the Financial CHOICE Act, designed to reform Dodd-Frank, and released the following statement: “We support the reform principles that underlie the proposed Financial CHOICE Act which promote higher economic growth without …

Dodd-Frank Continues to be Batted About Read More

MHLivingNews says Massachusetts is Smacked with Shortage of Mid-range Homes

By / June 27, 2016 / Advocacy, Business, Economy, Factory-Built Homes, Manufactured and Modular Housing News, Manufactured Homes, Modular

Mary McBrady, executive director of the Massachusetts Manufactured Housing Association (MMHA), noting the shortage of mid-priced housing in Mass., and a plethora of schools and researchers interested in housing policy within the state, says, “We, as an industry, need to be part of that conversation and dialogue.” As in many …

MHLivingNews says Massachusetts is Smacked with Shortage of Mid-range Homes Read More

Sunday Morning Recap-Manufactured Housing Industry News June 19-June 26, 2016

By / June 25, 2016 / Advocacy, Announcements, Business, Communities, Company News, Economy, Events, Factory-Built Homes, Finance, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, Modular, People, regulation, RV, Stocks, Trends, Zoning

What’s New in public focused Manufactured HomeLivingNews.com Entry Level v Residential Style Manufactured Homes, Modular Homes and MH Appraisals – Tom Papszycki, Arrowhead Homes – Inside What’s New in Manufactured Housing Industry Professional News Louisiana Approves 336 home site MH community. Polish modular builder marketing in Sweden. Oregon legislator tryhing …

Sunday Morning Recap-Manufactured Housing Industry News June 19-June 26, 2016 Read More

Housing Affordability Falls 13% Q1 to Q2 2016

By / June 25, 2016 / Business, Economy, home buyers, Manufactured and Modular Housing News, Trends

According to what RealtyTrac tells MHProNews, their Home Affordability Index indicates housing markets were less affordable than their historic norms in 18 percent of counties nationwide for the 2nd quarter. In the first quarter only five percent of counties were less affordable than their historically normal levels, having risen 13 …

Housing Affordability Falls 13% Q1 to Q2 2016 Read More

New Home Sales Fall in May but Remain above May 2015

By / June 24, 2016 / Business, Economy, home buyers, Manufactured and Modular Housing News, Trends

The sale of new homes fell six percent in May, 2016 to a seasonally-adjusted annual rate of 551,000 homes, according to the Department of Housing and Urban Development (HUD) and the Census Bureau, but 8.7 percent above May, 2015 sales. “New home sales are up relative to the first few …

New Home Sales Fall in May but Remain above May 2015 Read More

Existing Home Sales in U. S. Rise to Highest Pace in Nine Years

By / June 22, 2016 / Business, Economy, home buyers, Manufactured and Modular Housing News, Trends

With interest rates remaining low and unemployment slowly falling, U. S. existing home sales hit their highest pace in nine years last month, as sales rose nearly two percent from April to May to a seasonally-adjusted annual rate (SAAR) of 5.53 million, according to data from the National Association of …

Existing Home Sales in U. S. Rise to Highest Pace in Nine Years Read More

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