The National Association of Realtors (NAR) informs MHProNews that the median existing single-family home price increased in 93% of 176 metropolitan areas during Q2 2015, up from 85 percent of metro areas in the first quarter. Compared to the second quarter of 2014, home prices rose 8.2 percent. According to …
William Matchneer, who once served as head of the Manufactured Housing Program at the Department of Housing and Urban Development (HUD), and from 2011 to 2014 with the Consumer Financial Protection Bureau (CFPB), recounts how implementation of the Dodd-Frank Act directives for High-Cost Mortgages under the Home Ownership and Equity …
Former Head of Manufactured Housing at HUD Urges Passage of S. 682 Read More
According to what progress tells MHProNews, there are several macro trends in the U. S. that could drive demand for manufactured home community (MHC) living. The aging population, according to the Census Bureau, consisting of 76 million baby boomers, nearly a quarter of the population, many of whom do not …
Aging Population with Insufficient Retirement Funds Leads to Manufactured Home Community Read More
MHProNews has learned from thisdaylive that Alpha Mead Development Company (AMDC) has announced its plans to lower the entry level for middle income home buyers in Nigeria, using a modular building system. AMDC is one of the Strategic Business Units of Facilities Management Company, Alpha Mead Facilities & Management Services …
Nigeria Using Modular Methods to Construct Inexpensive Housing Read More
What’s New in public focused Manufactured HomeLivingNews.com Art Linkletter and Manufactured Housing today Maintaining Quality and Strength While Saving Homebuyers Money – Inside MH Video with Mike Stone, part 2 What’s New in Manufactured Housing Industry Professional News Texas city lifts ban on MH after show of strength by industry …
Sunday Morning Recap-Manufactured Housing Industry News July 26-Aug. 2, 2015 Read More
An OpEd in Tampa’s tbo entitled Fairness and Respect for Florida’s Manufactured Home Owners has put a local focus on the OpEd in thehill in which MHLivingNews and MHProNews publisher L. A. “Tony” Kovch notes the unintended consequences of the Dodd-Frank Act that make lending on manufactured homes valued at or …
Tampa OpEd Calling for Fairness and Respect Resonating with Manufactured Home Industry Read More
According to the National Association of Realtors’ (NAR) Pending Home Sales Index (PHSI), pending home sales declined in June, for the first time in 2015, following five straight months of increases. As themreport informs MHProNews, the drop was -1.8 percent in June to 110.3, but remains 8.2 percent above the …
What’s New in public focused Manufactured HomeLivingNews.com > A Hunter and Native American Decorator’s Dream! John Howard’s Home, Inside MH Road Show Video > How A Manufactured Modular Home Production Center Achieves Savings and Quality – Inside MH Video with Mike Stone > 4 Easy Ways to Keep Your Home Clean What’s New …
Sunday Morning Recap-Manufactured Housing Industry News July 19-July 26, 2015 Read More
Writing in wsj, former Chairman of the Senate Banking Committee Phil Gramm, noting the effects of Dodd-Frank on the banking system, says although the Federal Reserve’s quantitative easing has increased bank reserves, lending has barely risen. The Federal Deposit Insurance Corp. reports that 1,341 commercial banks have closed since 2010, …
Existing home sales increased 3.2% to a seasonally adjusted annual rate of 5.49 million in June, according to usatoday, selling at the fastest rate in eight years. Chief Economist for the National Association of Realtors (NAR), Lawrence Yun says “Buyers have come back in force, leading to the strongest past …
In good news for the housing industry, the U. S. Department of Commerce reports housing starts spiked 26.6 percent in June and housing permits markedly rose 30 percent over a year ago, both notching eight-year highs, largely due to the strength of the multi-housing market.. The seasonally adjusted annual rate …
What’s New in public focused Manufactured HomeLivingNews.com Congressman Stephen Fincher is demanding Fairness for MH owners Deer Valley CFO Steve Lawler Inside MH Video and Home Tour Cancer Cures and Today’s MH What’s New in Manufactured Housing Industry Professional News The Manufactured Housing Association for Regulatory Reform’s (MHARR) Mark Weiss documents …
Sunday Morning Recap-Manufactured Housing Industry News-July 12-July 19, 2015 Read More
Marking the 13th consecutive month reading above 50, and hitting the highest point in nearly a decade, the National Association of Home Builders/Wells Fargo builders confidence gauge high 60 this month. Any number above 50 signals that builders are optimistic about sales trends, according to marketwatch. “This month’s reading is …
According to dailyherald, a shortage of buildable lots is the latest blow to what has become a modest housing recovery, the National Association of Home Builders (NAHB) tells MHProNews, as 62 percent of home builders say the availability of lots is low to very low in their areas. This marks …
Buildable Lots Shortage Indicates continuing Tepid Housing Recovery Read More
According to the National Association of Real Estate Investment Trusts (REIT), in the first six months of 2015 manufactured homes were the REIT industry’s best performers, posting a 3.75 percent return. Self storage REITs came in a close second at 3.72 percent. Apartments gained +0.82 % during the first half, …
According to official statistics released by the U. S. Department of Housing and Urban Development (HUD), production of HUD Code manufactured homes hit 5,798 in May, 2015, a modest increase of 1.1 percent over the 5,733 homes built in May of 2014. However, industry production on the year is 8.8 …
May Manufactured Home Production Shows Modest Gain Read More
While the startribune informs MHProNews that manufactured homes (MH) were the original affordable housing in rural and suburban Minnesota, in the twin cities area of Minneapolis-St. Paul the number of occupied MH has fallen 12 percent since 2001 to 13,660 homes. Nationally, the number of manufactured homes shipped dropped drastically …
Demand Continues for Manufactured Homes in the Twin Cities Read More
The government in the United Kingdom continues to fall short of providing affordable housing because of its reliance on the private sector, according to worldcement/europe. Noting the need for 250,000 homes annually to tackle the spiraling home prices and the critical shortage of affordable housing, MHProNews understands the benefits of …
Manufactured Housing on Table for UK Affordable Housing Confab Read More
Hitting the highest rate since Feb. 2008, new single-family home sales in May 2015 rose 2.2 percent, hitting a seasonally annual-adjusted rate (SAAR) of 546,000, based on data released by the Department of Housing and Urban Development (HUD) and the Census Bureau. The rate was 19.5 percent above last May’s …
New Single-Family Home Sales Reach Highest Point in Seven Years Read More
The National Association of Realtors (NAR) reports sales of existing homes rose 5.1 percent in May over April to their highest level since 2009. Existing home sales in May were 9.2 percent over May 2014, according to bizjournals, and year-over-year sales have risen for the past eight months. In addition, …
Existing Home Sales, First-Time Home Buyers both Rise Read More
