Economy

Sunday Morning Recap-Manufactured Housing Industry News May 15-May 22, 2016

By / May 21, 2016 / Advocacy, Announcements, Business, Canada, Communities, Company News, Economy, Factory-Built Homes, Finance, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, mobile home, Modular, People, regulation, RV, Stocks, Zoning

What’s New in public focused Manufactured HomeLivingNews.com Illinois Professional Couple Discover their Getaway Home near Florida’s top Beaches What’s New in Manufactured Housing Industry Professional News MH Community adding 46 homes. Malibu manufactured home goes for $3.5 million. Oregon MHC sets new record. Oklahoma City has first modular hotel. Americans …

Sunday Morning Recap-Manufactured Housing Industry News May 15-May 22, 2016 Read More

Two-thirds of Americans do not Have $1,000 for Emergency

By / May 19, 2016 / Economy, home buyers, Manufactured and Modular Housing News, Trends

In an indication that Americans’ financial condition remains as precarious as ever, despite the “recovery” from the Great Recession, a survey conducted by the Associated Press-NORC Center for Public Affairs Research revealed 75 percent of people in households making less than $50,000 would have trouble coming up with $1,000 in …

Two-thirds of Americans do not Have $1,000 for Emergency Read More

Dodd-Frank Act is Harming the Economy, says Donald Trump

By / May 19, 2016 / Advocacy, Economy, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes

In an interview with Reuters, presidential candidate Donald Trump stated financial reforms implemented under President Obama, specifically the Dodd-Frank Act, and the ensuing Consumer Financial Protection Bureau (CFPB), are stifling the economy and he would ditch most all of their provisions. “Dodd-Frank has made it impossible for bankers to function,” …

Dodd-Frank Act is Harming the Economy, says Donald Trump Read More

Housing Starts, Building Permits, pre-existing Home Sales Rise

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

According to what wsj tells MHProNews, housing starts rose 6.6 percent in April over the previous month to a seasonally adjusted annual rate (SAAR) of 1,172 million units, indicating an uptick since a slow start in Q1. (It should be noted the 6.6 rise has a margin of error of …

Housing Starts, Building Permits, pre-existing Home Sales Rise Read More

Sunday Morning Recap-Manufactured Housing Industry News May 8-May 15, 2016

By / May 16, 2016 / Advocacy, Announcements, Awards, Business, Canada, Communities, Company News, Economy, Events, Factory-Built Homes, Finance, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, Modular, regulation, RV, Trade Shows

What’s New in public focused Manufactured HomeLivingNews.com Illinois Professional Couple Discover their Getaway Home near Florida’s top Beaches What’s New in Manufactured Housing Industry Professional News Rent control judgment favors manufactured home community owner. CFPB may tighten screws excessively on short-term lenders. NAR calls for more starter homes to ease …

Sunday Morning Recap-Manufactured Housing Industry News May 8-May 15, 2016 Read More

As More People Live on the Edge, Payday Lenders Provide Valuable Service

By / May 14, 2016 / Business, Economy, Finance, Legal, Manufactured and Modular Housing News, regulation

According to Neal Gabler, writing an article entitled The Secret Shame of Middle-class Americans in the May issue of The Atlantic, a Federal Reserve study from a year ago reports that nearly half of Americans would be hard-pressed to come up with $400 in an emergency—and he includes himself in …

As More People Live on the Edge, Payday Lenders Provide Valuable Service Read More

NAR Forecasts Strong Existing Home Sales in 2016, Calls for more Starter Homes

By / May 13, 2016 / Advocacy, Business, Economy, home buyers, Manufactured and Modular Housing News, Trends

Despite continuing inventory, affordability and student loan hindrances to homeownership, the National Association of Realtors (NAR) predicts 2016 will be the strongest year for existing home sales since 2006. Lawrence Yun, the NAR’s chief economist, speaking at the association’s Legislative Meeting,predicts pre-owned home sales will hit 5.4 million this year, …

NAR Forecasts Strong Existing Home Sales in 2016, Calls for more Starter Homes Read More

U. S. Housing and Economic Progress is Making Haste Slowly

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

San Jose, California led 119 of the 340 metro housing markets nationwide in returning to or exceeding their last normal levels of economic and housing activity in Q1 2016. The markets are gauged by measuring the averages of housing permits, price and employment levels for the past 12 months, and …

U. S. Housing and Economic Progress is Making Haste Slowly Read More

Regulatory Costs for New Home Construction Keep Climbing

By / May 10, 2016 / Business, Economy, home buyers, Legal, Legislation, Manufactured and Modular Housing News, regulation

According to a report courtesy of HousingEconomics.com, the National Association of Home Builders (NAHB) states that 24.3 percent of the average cost of a new single-family home is the result of government regulations at all levels. Three-fifths, or 14.6%, of the eventual house price comes from regulations imposed during the …

Regulatory Costs for New Home Construction Keep Climbing Read More

Sunday Morning Recap-Manufactured Housing Industry News May 1-May 8, 2016

By / May 8, 2016 / Advocacy, Announcements, Business, Canada, Communities, Company News, Economy, Factory-Built Homes, Finance, Green, home buyers, Legislation, Manufactured and Modular Housing News, Manufactured Homes, Modular, People, regulation, RV, Stocks, Trade Shows

What’s New in public focused Manufactured HomeLivingNews.com Possible American Dreams! Engineer Skip VanZant on Evolving U.S. Housing What’s New in Manufactured Housing Industry Professional News Innovative Building Systems said to be filing for bankruptcy, closing Maine’s Keiser. UMH wins community award. Clayton defies criticism, turns $706M profit. Alberta fire pushing …

Sunday Morning Recap-Manufactured Housing Industry News May 1-May 8, 2016 Read More

NAHB:Builder Confidence in 55+ Market Slips, yet Still on Positive Ground

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

The National Association of Home Builders (NAHB) informs MHProNews that builder confidence in NAHB’s 55+ Housing Market Index dropped five points from the previous quarter, but remains at 56, where any reading above 50 indicates builders feel more positive than negative about the next six months. It also marks the …

NAHB:Builder Confidence in 55+ Market Slips, yet Still on Positive Ground Read More

Manufactured Housing Production Spikes 26.9% in March

By / May 3, 2016 / Business, Economy, home buyers, Manufactured and Modular Housing News, Manufactured Homes

The Manufactured Housing Association for Regulatory Reform (MHARR) informs MHProNews that statistics compiled on behalf of the Department of Housing and Urban Development (HUD) reveal production of HUD Code manufactured homes (MH) increased 26.9 percent in March 2016 over March 2015, 7,110 homes in 2016 over 5,602 homes last year. …

Manufactured Housing Production Spikes 26.9% in March Read More

Home Prices Continue to Rise Faster than Wages

By / May 3, 2016 / Business, Economy, Finance, home buyers, Manufactured and Modular Housing News, Trends

U. S. house prices rose 2.1 percent between Feb. and March, including distressed sales, and 6.7 percent between March 2015 and March 2016, according to constructiondive. Wages for would-be first time homebuyers likely did not rise that much on the year, MHProNews knows, putting a home out of reach. Reporting …

Home Prices Continue to Rise Faster than Wages Read More

Rising Home Prices Partially Negate Low Mortgage Rates

By / May 2, 2016 / Business, Economy, Finance, home buyers, Manufactured and Modular Housing News, Trends

Jacksonville, Fla.-based Black Knight Financial Services tells MHProNews rising home prices across the country are offsetting the advantage of low mortgage rates. The fall of interest rates 35 basis points since Jan. 1, 2016 would translate to a savings of approximately $44 dollars a month. “While borrowers might expect that …

Rising Home Prices Partially Negate Low Mortgage Rates Read More

Sunday Morning Recap-Manufactured Housing Industry News April 24-May 1, 2016

By / April 30, 2016 / Advocacy, Announcements, Awards, 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, Zoning

What’s New in public focused Manufactured HomeLivingNews.com Tornadoes, Hurricanes, Conventional Housing and Manufactured Homes Video Report What’s New in Manufactured Housing Industry Professional News MHC closing in Minneapolis. CFPB constitutionality challenged. MHARR, MHI spar over DTS and chattel lending. Clayton acquires another site-built home builder. Champion expanding into Kentucky. Drew …

Sunday Morning Recap-Manufactured Housing Industry News April 24-May 1, 2016 Read More

Freddie Mac 2016 Forecast: Housing will Continue Growing, GDP to Slow

By / April 26, 2016 / Business, Economy, home buyers, Manufactured and Modular Housing News

Following a tepid first quarter, government-sponsored enterprise (GSE) Freddie Mac reports the mighty dollar spigot of consumer spending, manufacturing, trade and auto and retail sales for the first quarter has tightened, with an estimated GDP (gross domestic product) of 1.1 percent growth instead of the expected 1.8 percent. As nationalmortgagenews …

Freddie Mac 2016 Forecast: Housing will Continue Growing, GDP to Slow Read More

Sunday Morning Recap-Manufactured Housing Industry News April 17-April 24, 2016

By / April 24, 2016 / Advocacy, Announcements, Business, Canada, Communities, Company News, Economy, Events, Factory-Built Homes, Finance, home buyers, Legal, Legislation, Manufactured Homes, Modular, People, regulation, RV, Trends

What’s New in public focused Manufactured HomeLivingNews.com Tornadoes, Hurricanes, Conventional Housing and Manufactured Homes Video Report What’s New in Manufactured Housing Industry Professional News MHARR Slams Danner, HUD. Clayton in line for air base homes contract. Sears Homes paved the way for prefab. Canada’s ATCO marching far South. Modulars for …

Sunday Morning Recap-Manufactured Housing Industry News April 17-April 24, 2016 Read More

Sales of Previously-owned Homes Rises in March

By / April 21, 2016 / Business, Economy, home buyers, Manufactured and Modular Housing News, Trends

The National Association of Realtors (NAR) tells MHProNews that sales of existing homes rose 5.1 percent in March from the prior month to a seasonally-adjusted annual rate (SAAR) of 5.33 million, beating economists’ expectation of 4.3 percent and a rate of 5.30 million. Stephen Stanley, chief economist at Amherst Pierpont …

Sales of Previously-owned Homes Rises in March Read More

New Home Construction Falls to Six Month Low

By / April 19, 2016 / Business, Economy, home buyers, Manufactured and Modular Housing News, Trends

With weakness in all regions of the country except the Northeast, construction of new homes dropped 8.8 percent to a seasonally-adjusted annual rate (SAAR) of 1.09 million units in March, according to what heraldonline tells MHProNews, based on statistics from the Commerce Department. The slowest rate since October, it marked …

New Home Construction Falls to Six Month Low Read More

Home Builders Sentiment Remains Static; Attracting Workers Remains Problematic

By / April 18, 2016 / Business, Economy, home buyers, Manufactured and Modular Housing News, Trends

The National Association of Home Builders (NAHB) informs MHProNews sentiment for home builders was unchanged for April, with the index remaining at 58 for the third successive month, according to marketwatch. Any number over 50 is positive for builders. The index is based on three sub-indices: the current state of …

Home Builders Sentiment Remains Static; Attracting Workers Remains Problematic Read More

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