The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews that statistics released by the U. S. Department of Housing and Urban Development (HUD) reveal that HUD Code production in July rose to 6,085 homes, 7.2 percent over the 5,675 HUD Code homes manufactured in July, 2014. Total HUD Code …
HUD Code Home Production Continues its Upward Trajectory Read More
Following the news that 173,000 more Americans found work in August, and the unemployment rate has fallen to 5.1 percent, the lowest rate since 2007, do take note here of MHProNews Publisher L. A. “Tony” Kovach’ Shocking Labor Day Facts and Statistics. The Federal Reserve admitted the unemployment rate has …
The U. S. Unemployment Rate Revisited–with a Vengeance Read More
According to the CoreLogic Home Price Index, home prices increased 6.9 percent in July over a year ago, and rose 1.7 percent over June, including distressed sales. Home prices rose 6.7 percent year-over-year if distressed sales are excluded, and were up 1.5 percent month-over-month, as reported by nationalmortgagenews to MHProNews. …
Writing in MHHomeLivingNews, award-winning writer Jan Hollingsworth recounts the story of the older gentleman, likely a farmer, in bib overalls who visited a manufactured home dealership in Kentucky. After two hours of perusing the possibilities of different homes, he chose one. But when he asked the salesman for help in …
The National Association of Realtor’s (NAR) Pending Home Sales Index rose 0.05 percent in July to 110.9, according to forbes, 7.4 percent higher than July, 2014 when the index was 103.3. This follows a drop of 1.8 percent in June to 110.3, as MHProNews reported July 30, 2015. (An index …
What’s New in public focused Manufactured HomeLivingNews.com Renters’ Nation: The Dark Side of Dodd-Frank and Its Impact on Affordable Housing Mary Zokoe talks Martin Motor Sports, Community Guidelines, More! Inside MH Road Show Video What’s New in Manufactured Housing Industry Professional News CFPB imposed appraisal rule on HPML loans one …
Sunday Morning Recap-Manufactured Housing Industry News Aug. 23-Aug. 30, 2015 Read More
While home values dropped drastically for most of the nation following the housing bubble, the oil-producing states posted housing gains. With crude oil trading at half the price of a year ago, according to nationalmortgagenews, New Mexico, North Dakota, Oklahoma, Wyoming and Alaska may see home prices fall six to …
Ted C. Jones, chief economist and senior vice president for Stewart Title Guaranty Co. in Houston, says financing the buying and selling of houses will be much more difficult when the mortgage disclosure rules go in to effect Oct. 1, as newsok tells MHProNews. “We’re going to continue to have …
Title Company Head says Mortgage Disclosure Rules will Delay Home Sales Read More
Estimates released by the U. S. Census Bureau and the U. S. Department of Housing and Urban Development (HUD) indicate sales of new single-family homes in July rose 5.4 percent over June to a seasonally-adjusted annual rate (SAAR) of 507,000, besting June’s numbers of 481,000. The level is 25.8 percent …
Stephen D. Williamson, vice president of the St. Louis Federal Reserve, says the Fed’s quantitative easing policy of purchasing monthly debts to stimulate the economy following the Great Recession was not all that beneficial to economic improvement. He says the zero interest rates since 2008 have not promoted good inflation …
According to the U. S. Census Bureau, home ownership fell to 63.4 percent in Q2, the lowest rate since 1967. Concurrently, renter-occupied units rose by two million from the previous year. MHProNews has been informed by bloomberg that BlackRock Inc., the world’s largest money manager, is jumping in to the …
According to themortgagereports, the National Association of Realtors (NAR) says rising rents, a favorable lending environment and low mortgage rates are driving the market for homes nationwide. In January, the median time for homes to be on the market was 69 days—half the homes sold in less than 69 days, …
In the wake of the Dow Jones’ precipitous fall of 530 points last week, Brett Arends, writing for marketwatch, says while the “perma bulls,” as he calls them, are gloating while the stocks continued ascending with barely a hitch, to characterize this as another buying opportunity he says is nonsense. …
Could the Dow Jones Drop 1,000 Points? History says Maybe Read More
What’s New in public focused Manufactured HomeLivingNews.com Stan Dye talks Manufactured Home Lending and MH Site Preparation Do-It-Yourself Heat Tape Video! Prevent Winter Freeze Ups for Manufactured Homes and Houses over Crawl Spaces What’s New in Manufactured Housing Industry Professional News PBS Story on MH Finance Due. Sun, UMH, Adding …
Sunday Morning Recap-Manufactured Housing Industry News Aug. 16-Aug. 23, 2015 Read More
According to what businessinsider tells MHProNews, the National Association of Realtors (NAR) reports existing home sales in July rose two percent at an annualized rate of 5.59 homes, the highest in eight years. Sales of single-family homes rose 2.7 percent to an annual rate of 4.96 million, the highest since …
Existing Home Sales Hit Highest Level in Eight Years Read More
Statistics from the U. S. Department of Housing and Urban Development (HUD) and the Commerce Department indicate housing starts nationwide edged up 0.2 percent in July to a seasonally annual-adjusted rate (SAAR) of 1.206 million units, the highest level since Oct. 2007, according to worldpropertyjournal. Single-family starts increased 12.8 percent …
July Housing Starts Reach Highest Level since Oct. 2007, Led by Single-family Read More
Writing in rollcall, Manufactured Housing Institute’s (MHI) Senior Vice President for Government Affairs Dr. Lesli Gooch says while different Congressional committees are evaluating the five-year-old Dodd-Frank Act, people in many rural communities are being harmed rather than protected. She writes, “The Dodd-Frank Act is preventing everyday Americans from accessing the …
Dr. Gooch of Manufactured Housing Institute calls for Dodd-Frank Adjustment Read More
MHProNews has learned from reuters that, according to the National Association of Home Builders (NAHB), homebuilder sentiment in August rose to its highest level in almost ten years. In line with economists expectations, the NAHB/Wells Fargo Housing Market Index (HMI) rose from 60 in July to 61 this month. Any …
Home Builder Sentiment Measures Near Ten-year High Read More
What’s New in public focused Manufactured HomeLivingNews.com Nubble Lighthouse and Sohier Park. York, Maine – US Destination What’s New in Manufactured Housing Industry Professional News GSEs set to offer secondary market for manufactured home loans. Two MHCs change hands, new MHC planned in Canada. CFPB not protecting consumers OR employees. …
Sunday Morning Recap-Manufactured Housing Industry News Aug. 9-Aug. 16, 2015 Read More
Writing in townhall, Ken Blackwell says the four-year old Consumer Financial Protection Bureau (CFPB) discriminates against the people it has vowed to protect, inside and outside the agency, and is riddled with waste, inefficiency and mismanagement. Noting Director Richard Cordray would be out of a job if the agency was …
Consumer Financial Protection Bureau is Rife with Discrimination Read More
