According to the 2016 U. S. Housing Forum report from Fitch Ratings, the housing market’s current upswing should last for two more years, as reported by nationalmortgagenews to MHProNews. Using single-family starts as a proxy for overall housing metrics, and calculating that single-family starts have risen in five of the …
Housing Market has more Room for Expansion: Fitch Ratings Read More
With a reading over 50 meaning most builders see the single-family housing market as good rather than poor, the National Association of Home Builders (NAHB) housing market index rose two points to 60 in June over May, according to wsj., although economists expected a reading of 59. Positive since mid-2014, …
NAHB Builder Sentiment Index Rises; Economist Questions Veracity Read More
Saying people have forgotten President Reagan’s line: “The government is not the solution, it is the problem.” The larger the government grows, the slower the economic growth, writes Richard W. Rahn in washingtontimes. The article MHProNews posted June 9, 2016 reports Donald Trump promises to end Dodd-Frank and its chokehold …
As Government Grows, Regulations Impose, the Economy Slows Read More
Dubbed “A Better Way,” House Republicans stated the red tape of bureaucracies has gotten out of hand, and they have proposed rules easing the drilling for oil, coal mining, governing internet traffic and promoting small business employment, according to what washingtontimes tells MHProNews. House Speaker Paul Ryan (R-WI), in presenting …
House GOP Aiming to Lift Crippling CFPB Regulations Read More
According to a joint report from RealtyTrac and Down Payment Resource, nationalmortgagenews tells MHProNews down payment assistance programs can save homebuyers on average $5,965 on the down payment and $11,801 over the course of a loan’s life, totaling $17,766. Having studied 513 counties across the nation, the report states the …
Homebuyers Save Big with Down Payment Assistance Programs Read More
What’s New in public focused Manufactured HomeLivingNews.com Media Should Re-Visit Dodd-Frank Reporting in Light of Congressional Testimony Modular Versus Manufactured Homes: Which Is Right for You? What’s New in Manufactured Housing Industry Professional News Lake Villa MH community sells for $11.3 million. HUD Code production climbs 9.9% in April. …
Sunday Morning Recap-Manufactured Housing Industry News June 5-June 12, 2016 Read More
In a survey conducted by the National Association for Home Builders (NAHB), 59 percent of would-be homebuyers said $249,000 was their limit to spend on a new home, but 65 percent of the homes begun in 2015 were over that limit. According to what builderonline tells MHProNews, 31 percent set …
Homebuyers Seek Lower Price on Site-built than the Offering Read More
Craig Hillis, executive director of the Manufactured Housing Communities of Washington (MHCW), says with the median price of a traditional home hitting $260,000 in the Seattle area, an increase of 11% in the last year, time should be ripe for the onset of manufactured homes to fill the void of …
Affordable Housing Crisis hits Seattle, as Manufactured Homes are Said to be Waning Read More
The Manufactured Housing Association for Regulatory Reform (MHARR) reports to MHProNews that statistics compiled on behalf of the Department of Housing and Urban Development (HUD) indicate that HUD Code manufacturers produced 6,689 homes in April, a 9.9 percent increase over the 6,085 homes produced in April 2015. For 2016, total …
Manufactured Home Production Continues its Upward Trend Read More
For many years rural housing issues have been to the housing market what middle America has been to the east and west coasts—the flyover zone. Eighty percent of U. S. land is rural comprising just 20 percent of the population, says CoreLogic‘s Faith Schwartz, adding that rural housing is “a …
A survey of 150 homebuyers by the National Association of Home Builders (NAHB) revealed they have remained consistent in their preferences for green features in their homes and their communities from 2007 to 2015. Similar to results from previous years, of those surveyed 90 percent said ENERGY STAR were important, …
Commercial Interest in Green Growing, but not for Home Buyers Read More
Mark Duran, executive director of the New Mexico Manufactured Housing Association, stated the resurgence in appeal of the manufactured home (MH) stems from the desire of home ownership, built-in amenities and lower cost, and today’s buyers range from the starter home set to the well-being who have often cashed out …
What’s New in public focused Manufactured HomeLivingNews.com NeighborWorks, Clayton Homes Partner with Next Step Homes in Waco, Texas How a Professional Couple saved $100,000 on a New Home in Tennessee What’s New in Manufactured Housing Industry Professional News MH Communities closing in Minnesota, New York. Cavco stock closes above $100. …
Sunday Morning Recap-Manufactured Housing Industry News May 22-May 29, 2016 Read More
Pending home sales rose for the third consecutive month in April, this time hitting the highest level since Feb. 2006, as 12newsnow reports to MHProNews. The National Association of Realtors (NAR) said its seasonally adjusted pending home sales index billowed 5.1 percent in April to 116.3, just shy of the …
New Home Sales Spike; Pending and Existing Home Sales also Rise Read More
Good news for the spring buying season came in the form of new home sales trumpeting 16.6% in April, the best monthly rate since 2008, as sales rose to a seasonally-adjusted annual rate (SAAR) of 619,000 units, up from 531,000 in March. According to the Commerce Department, as reported to …
New Home Sales Surge in April, especially in the Northeast Read More
At the 2016 National Congress & Expo for Manufactured and Modular Housing held in Las Vegas, 700 manufactured housing (MH) professionals heard a panel of industry leaders state that, with the onset of seniors downsizing, single-parent households and Millennials becoming the largest consumer group, the time is ripe for MH …
MH Industry Leaders Pursue New Marketing Strategies Read More
With 8,000 to 10,000 Baby Boomers hitting the 65 mark daily, a task force from the Bipartisan Policy Center, arguing that there is a link between housing and health that will impact the well-being of the country’s senior population, is urging the federal government to spur investment in affordable housing …
Shortage of Affordable Housing Could Severely Impact 40% of Boomers Read More
Noting that one third of the people in Ireland need some form of state support to buy or rent a home, Housing Minister Simon Coveney, speaking to the Housing Agency’s annual conference, said, “Affordability is the real challenge facing housing in Ireland.” Facing a deadline at the end of July …
Ireland Dealing with Severe Affordable Housing Shortage Read More
As home prices rise in Miami-Dade County, Fla., sales of single-family homes, townhomes and condos have fallen for the fifth consecutive month, according to a report by the Miami Association of Realtors, says therealdeal. Townhomes and condos felt the most pinch: unit sales dropped 12.1 percent in April 2016 over …
Strong Dollar Driving Down Foreign Home Buyers in Miami Read More
As nationalmortgagenews informs MHProNews, new home listings fell in April 1.1 percent, says real estate brokerage Redfin, the first year-over-year loss since Aug. 2014. Noting the steepest declines were in the Northeast, Redfin says nearly two-thirds of the markets it follows had fewer listings during the month than a year …
