Economy Archives

Dec 13 2015December 14, 2015

Sunday Morning Recap-Manufactured Housing Industry News Dec. 6-Dec. 13, 2015

By Matthew Silver / December 13, 2015 December 14, 2015 / Advocacy, Business, Communities, Company News, Economy, Factory-Built Homes, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, Modular, People, regulation, RV, Stocks

What’s New in public focused Manufactured HomeLivingNews.com Why Families, Singles and Couples are Attracted to Good Manufactured Home Communities Police Chief’s Wife is on Town Council and Loves Manufactured Home Living What’s New in Manufactured Housing Industry Professional News Homeless Housing in Dublin in Dispute. FEMA CA Wildfire Housing to …

Sunday Morning Recap-Manufactured Housing Industry News Dec. 6-Dec. 13, 2015 Read More

Dec 4 2015

Baby Boomers Take it on the Chin for High Home Prices

By Matthew Silver / December 4, 2015 December 4, 2015 / Business, Economy, home buyers, Manufactured and Modular Housing News, Trends

Baby Boomers are not downsizing fast enough, and by not putting their homes on the market, they are creating the inventory shortage that is driving up prices, making it tougher on would-be first-time homebuyers. This is clogging up the “whole chain of homes sales,” according to Sean Becketti, a chief …

Baby Boomers Take it on the Chin for High Home Prices Read More

Dec 3 2015

Private Residential Spending Rises in October

By Matthew Silver / December 3, 2015 December 3, 2015 / Business, Economy, home buyers, Manufactured and Modular Housing News

According to the National Association of Home Builders (NAHB), private residential construction spending increased in October nearly two percent to a seasonally adjusted-annual rate (SAAR) of $399 billion, according to what forconstructionpros tells MHProNews. While on a month-over-month basis, private single-family spending hit $226 billion, an increase of 1.6 percent …

Private Residential Spending Rises in October Read More

Dec 3 2015

HUD Code Production Keeps Climbing

By Matthew Silver / December 3, 2015 December 3, 2015 / Business, Economy, Manufactured and Modular Housing News, Manufactured Homes, Trends

Data compiled on behalf of the Department of Housing and Urban Development (HUD) reveals manufactured home production increases moved into its fifth straight year, according to what the Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews. Production of HUD Code homes rose 5.2 percent over production for October, 2014, …

HUD Code Production Keeps Climbing Read More

Dec 2 2015December 2, 2015

Obama Administration: Unacceptable to Include Dodd-Frank Amendments in Appropriations Bill

By Matthew Silver / December 2, 2015 December 2, 2015 / Advocacy, Business, Economy, Finance, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes

As the deadline nears for the mega spending bills to be passed in Congress that will keep the government running, as MHProNews reported Nov. 26, 2015, the Obama administration has indicated it will push back against any attempt to substantially weaken the 2010 financial overhaul, according to the nytimes. Congressional Republicans …

Obama Administration: Unacceptable to Include Dodd-Frank Amendments in Appropriations Bill Read More

Sam Zell, chairman of Equity Group Investments, speaks during the Milken Institute Global Conference in Beverly Hills

Dec 2 2015December 3, 2015

Glass Shattering, Thoughts of Chairman Zell, Terror and New Issue

By MHProNews / December 2, 2015 December 3, 2015 / Economy, Factory-Built Homes, Manufactured Homes, Small Business

The December 2015 Featured Articles on MHProNews’ home page are scheduled to go-live late December 2nd, or early December 3rd. They will include: Thoughts and comments of real estate and investment mogul – ELS and EGI Chairman – Sam Zell. These will include vintage, unfiltered comments by Mr. Zell on hot …

Glass Shattering, Thoughts of Chairman Zell, Terror and New Issue Read More

Nov 30 2015

Apartment Vacancy Rates are Moving on Up

By Matthew Silver / November 30, 2015 November 30, 2015 / Business, Company News, Economy, Manufactured and Modular Housing News, Trends

On the apartment rental scene, according to multifamilyexecutive, many have posited that there is an insatiable demand for rental units, with millions of Gen Y living at home yearning to break out, they do not want to own, and vacancy rates will continue to fall. Au contraire, says Ryan Severino, …

Apartment Vacancy Rates are Moving on Up Read More

Nov 29 2015November 28, 2015

Sunday Morning Recap-Manufactured Housing Industry News Nov. 22-Nov. 29, 2015

By Matthew Silver / November 29, 2015 November 28, 2015 / Advocacy, Business, Canada, Communities, Company News, Economy, 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 “It’s not a trailer, it’s a manufactured home!” Inside MH with Mary Johnson, Retired Nurse Getting More Manufactured Home Lending – Video Interview with MH Owner, Tom Fath What’s New in Manufactured Housing Industry Professional News MHARR slams HUD over monitoring contract. Australia …

Sunday Morning Recap-Manufactured Housing Industry News Nov. 22-Nov. 29, 2015 Read More

Nov 28 2015November 27, 2015

New Home Sales Post Strong Numbers for October

By Matthew Silver / November 28, 2015 November 27, 2015 / Business, Economy, home buyers, Manufactured and Modular Housing News, Trends

According to nasdaq, data released by the Census Bureau and the Department of Housing and Urban Development indicate sales of new, single-family homes rose 10.7 percent in October to a seasonally-adjusted annual rate (SAAR) of 495,000 units, up from September’s revised numbers of 447,000. The rate is a 4.9 percent …

New Home Sales Post Strong Numbers for October Read More

Nov 25 2015

Built-to-rent Homes Increase

By Matthew Silver / November 25, 2015 November 25, 2015 / Business, Economy, home buyers, Manufactured and Modular Housing News, Trends

MHProNews has learned from builderonline that construction of single-family homes built specifically as rental units rose to 9,000 units for Q3 2015, compared to 7,000 for the same period last year. Robert Dietz of the National Association of Home Builders (NAHB) looks at statistics from the Census Bureau’s Quarterly Starts …

Built-to-rent Homes Increase Read More

Nov 24 2015

Existing Home Sales Drop in October

By Matthew Silver / November 24, 2015 November 24, 2015 / Business, Economy, home buyers, Manufactured and Modular Housing News, Trends

The National Association of Realtors (NAR) informs MHProNews existing home sales declined 3.4 percent in October to a seasonally-adjusted annual rate (SAAR) of 5.36 million units, following Sept.’s sales pace of 5.55 million units, the second highest since 2007. Falling more than expected, regions which have realized the largest price …

Existing Home Sales Drop in October Read More

Nov 22 2015November 21, 2015

Sunday Morning Recap-Manufactured Housing Industry News Nov. 15-Nov. 22, 2015

By Matthew Silver / November 22, 2015 November 21, 2015 / Advocacy, 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 HUD Secretary Julian Castro praises Quality, Safe and Affordable Manufactured Homes From Condo to Upscale Manufactured Home Living – John & Joyce Walter, Oshtemo, MI – Inside MH Road Show Vide What’s New in Manufactured Housing Industry Professional News HUD Secretary Castro Lauds …

Sunday Morning Recap-Manufactured Housing Industry News Nov. 15-Nov. 22, 2015 Read More

Nov 20 2015

Housing Starts Fall in October, while Building Permits Rise

By Matthew Silver / November 20, 2015 November 20, 2015 / Business, Economy, home buyers, Manufactured and Modular Housing News, Trends

Following numbers from the National Association of Home Builders (NAHB) that show builder confidence slipped three points in October, zacks tells MHProNews that figures released by the Department of Housing and Urban Development (HUD) and the Census Bureau reveal housing starts in October dropped 11 percent to a seasonally-adjusted annual …

Housing Starts Fall in October, while Building Permits Rise Read More

Nov 20 2015November 23, 2015

HUD Secretary Castro Praises Manufactured Home Industry

By Matthew Silver / November 20, 2015 November 23, 2015 / Advocacy, Economy, home buyers, Manufactured and Modular Housing News, Manufactured Homes, People, Trade Shows

In a video address to the Manufactured Housing Institute’s (MHI) National Communities Council (NCC) Fall Leadership Forum, Department of Housing and Urban Development (HUD) Secretary Julian Castro, calling HUD “The Department of Opportunity,” praised the manufactured home industry for “giving more families access to quality, safe and affordable housing.” The …

HUD Secretary Castro Praises Manufactured Home Industry Read More

Nov 19 2015

Housing Market Index slips for Single-family Homes

By Matthew Silver / November 19, 2015 November 19, 2015 / Business, Economy, home buyers, Manufactured and Modular Housing News, Trends

Falling from a ten-year high of 65 in October, the National Association of Home Builders tells MHProNews the housing market index dropped three points to 62, falling below The Wall Street Journal consensus estimate by a point. Any number over 50 indicates builders of single-family homes are optimistic. ”The November …

Housing Market Index slips for Single-family Homes Read More

Nov 17 2015November 16, 2015

Jan.–Sept. 2015 GSE Volume Outpaces 2014 Totals

By Matthew Silver / November 17, 2015 November 16, 2015 / Business, Economy, Finance, home buyers, Manufactured and Modular Housing News, Trends

According to scotsmanguide, reports released last week by the government-sponsored enterprises (GSEs) reveal the combined volume of single-family loans purchased and guaranteed by Fannie Mae and Freddie Mac through Q3 2015 have exceeded the total for all of 2014. Total GSE volume hit $640.7 billion for the first nine months …

Jan.–Sept. 2015 GSE Volume Outpaces 2014 Totals Read More

Nov 15 2015November 16, 2015

Sunday Morning Recap-Manufactured Housing Industry News Nov. 8-Nov. 15, 2015

By Matthew Silver / November 15, 2015 November 16, 2015 / 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

What’s New in Manufactured Housing Industry Professional News $25k can apply to MH in Ala. and Long Island. Insider trading: Cavco, UMH, Sun, Drew. MH securitizer beats Zacks consensus. Ordinance allows newer homes only. Log cabin builder honored. Former Ginnie Mae head says mortgage reform unlikely. One Fed Head says …

Sunday Morning Recap-Manufactured Housing Industry News Nov. 8-Nov. 15, 2015 Read More

Nov 13 2015

U. S. Home Prices Rise as Affordability Recedes

By Matthew Silver / November 13, 2015 November 13, 2015 / Business, Economy, home buyers, Manufactured and Modular Housing News, Trends

According to the National Association of Realtors (NAR) home prices rose in 87 percent of U. S. metro markets during the third quarter, down from the second quarter when 93 percent of metro areas saw increases for existing single-family homes. In 154 of 178 areas measured, the median price of …

U. S. Home Prices Rise as Affordability Recedes Read More

Nov 12 2015

Chicago Fed Head Seeks to Put Brakes on Rate Hike

By Matthew Silver / November 12, 2015 November 12, 2015 / Business, Economy, Legal, Manufactured and Modular Housing News, People

Chicago Federal Reserve President Charles Evans, noting “the outlook for inflation remains too low,” said inflation does not currently have enough upward momentum to justify raising interest rates before some time next year. He added rate increases should be very gradual after the initial increase, as reuters informs MHProNews. Speaking …

Chicago Fed Head Seeks to Put Brakes on Rate Hike Read More

Nov 12 2015

$25k CDBG Funds to Replace Manufactured Homes in Alabama

By Matthew Silver / November 12, 2015 November 12, 2015 / Economy, home buyers, Legal, Manufactured and Modular Housing News, Manufactured Homes

Residents of Franklin County in northern Alabama may be eligible to each receive $25,000 for home repair or replacement, regardless of whether the damage was the direct result of the tornadoes that tore through the area in 2011. According to franklincountytimes, this is the second round of funding through the …

$25k CDBG Funds to Replace Manufactured Homes in Alabama Read More

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