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Trump Support Strong among Manufactured Home Residents

As newsmax informs MHProNews, The New York Times reports Donald Trump supporters defy typical, political norms. A demographic study released by The Times said, “The places where Trump has done well cut across many of the usual fault lines of American politics — North and South, liberal and conservative, rural …

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Rotary Club Partners with School to Build Modular Homes, Do Rehab

For 20 years the Biddeford-Saco Rotary Club in Biddefore, Maine has enjoyed a successful relationship with the Biddeford Regional Center of Technology (COT) in the construction of energy-efficient modular homes. As mainelymediallc informs MHProNews,upon completion the homes are sold by the club and the revenues are returned to the school …

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Millennials Continue Living with Mom & Dad

The homeownership rate among young adults ages 18-34 has fallen to a new low, 13.2 percent, as Millennials continue to live in their parents’ basements. In 2014, according to Census Bureau data compiled by trulia.com, 31.1 percent of this age group lived with their parents, a slight decline from 31.2 …

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Sam Zell: Going Head-to-Head with Former Partner?

Equity LifeStyle Properties (ELS)/Equity Residential Chairman Sam Zell is seeking to raise $600 million for investments in emerging markets in India, China and Latin America, and may be competing with his former partner at Equity Residential, Gary Garrabrant, who left Equity suddenly in 2012, according to therealdeal.com. Garrabrant, who founded …

Sam Zell: Going Head-to-Head with Former Partner? Read More

New Addition for Modular

Virtual-Strategy reports as an alternative to assisted living for an aging relative, Connecticut-based PALS Built offers  handicap accessible modular additions attached to the primary home at a cost lower than that of assisted living. The modular units are manufactured by Practical Assisted Living Solutions, LLC. The newly appointed president and …

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Building Small Modular Homes Trains Students for Careers

WoodworkingNetwork reports that students at Ranken Technical College in St. Louis, Missouri, build small modular homes, called Tumbleweed Homes, with a footprint of 100 square feet in their first year in the workshop. The homes are sold and the proceeds are used to buy materials for the next set of …

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Dow Rises Nicely, Most Tracked Housing Follows

CNNMoney reports the Dow Jones Industrial Average spiked 291.23 points on good news of Black Friday sales, and encouraging news about the European debt crisis. The Dow closed 11,523.01, a gain of 2.59 percent. The Yahoo! Finance Manufactured Housing Composite Value gained 2.63 percent to close at 736. Most tracked …

Dow Rises Nicely, Most Tracked Housing Follows Read More

Wisconsin to Allow Larger Modular Homes on Roads

The JournalSentinel reports while Republicans and Governor Scott Walker lauded the efforts of the state legislature to create jobs in their three-week session, the Democrats are skeptical of their claims. However, they did pass legislation that would allow trucks to transport larger and heavier loads, like modular homes, on the …

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Australia Looking Closely at Modular Housing

dailytelegraph tells us from Sydney, Australia, the U.S. is not the only country where the gap between income and real estate prices is widening. Sydney’s home prices are expected to rise 19 percent in the next three years, to a median of $770,000. “The big problem with affordability is housing …

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MHARR Notes Increased MH Production, Continues Call for Parity

The Manufactured Housing Association for Regulatory Reform (MHARR) reports that manufactured housing production for August 2011 increased six percent over August 2010, the first monthly increase in 12 months. Statistics from the department of Housing and Urban Development (HUD) show that HUD Code manufacturers produced 5,187 homes in August. Cumulative …

MHARR Notes Increased MH Production, Continues Call for Parity Read More

Dow Rebounds from Last Week’s Pounding; Housing Stocks Close Mixed

CNNMoney reports the Dow Jones Industrial Average reversed some of last week’s losses and climbed 243.93 points, a gain of 2.26 percent, to close at 11015.41 as investors fears about Europe’s debt crisis turned to hope. The Yahoo! Finance Manufactured Housing Composite Value gained slightly to 753., +0.82%. Affiliated Managers …

Dow Rebounds from Last Week’s Pounding; Housing Stocks Close Mixed Read More

Solar Decathlon Brings Variety of Modular Houses

Reuters reports the U.S. Energy Department’s Solar Decathlon competition resulted in an array of modular homes built by collegiate design teams from across the globe. The homes have to be between 600 and 1000 square feet, no taller than 18 feet, and solar powered. The CHIP (compact hyper-insulated prototype) House, …

Solar Decathlon Brings Variety of Modular Houses Read More

UMH Adds Board Member with International Banking Ties

CityBiz in Philadelphia reports that MHC operator UMH Properties, Inc., based in Freehold, NJ has passed a resolution to increase the size of its board of directors from nine to ten members. According to Eugene W. Landy, UMH Board Chairman, the tenth spot will be filled by Stuart Levy, vice …

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Investors Losing Faith in World leaders and Economies

CNNMoney reports The Dow Jones Industrial Average re-gained small ground today, moving up 37.65 points on the heels of a near seven percent loss for the week, it’s worst since Oct. 2008. It closed at 10,771.48, a gain of 0.35 percent. Yahoo!’s Manufactured Housing Composite gained 2.05 percent to end …

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Council Hearing Favors Rent Control in California City

The Herald in Monterey County, California reports a preliminary hearing concerning rent control for Marina’s five manufactured housing communities was approved by the Marina City Council by a 3-2 vote. First proposed by residents 20 years ago, the Mobile Home Rental Stabilization Ordinance allows the annual rent increase to 80 …

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Veteran MH Retailer Seeks Another Term on Council

The Dagger Press reports from Aberdeen, Maryland, that Bruce E. Garner will seek re-election to the Aberdeen City Council in the municipal election balloting in November. A 35-year veteran of the manufactured housing industry, Garner served ten years as general manager for a large manufactured home retailer in the northeast, …

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Dow Strengthens in Midday then Falls, Registering Modest Gain

CNNMoney reports the Dow Jones Industrial Average inched 7.65 points higher today, gaining 0.07% to close at 11,408.66 as fears about Greece’s economic turmoil fell somewhat. Yahoo! Finance reports the Manufactured Housing composite dropped 1.26% to end the day at 771.60. Affiliated Managers Group 84.40 -1.16 (-1.36%). Clayton Homes, Vanderbilt …

Dow Strengthens in Midday then Falls, Registering Modest Gain Read More

Garcia Addresses Texas MHA Convention

The Texas Department of Housing and Community Affairs (TDHCA) Manufactured Housing Division (MHD) executive director, Joe A. Garcia, addressed the Texas Manufactured Housing Association (TMHA) annual meeting this morning in Fort Worth. Garcia praised the TMHA for the low incident of complaints from consumers, and the high level of legal …

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Housing Starts Fall in August, but Building Permits Rise

HousingWire reports housing starts fell by 30,000 units on an annualized basis comparing July to August. August numbers show 571,000 starts, a drop of 5%, and a 5.8 percent decline from a year earlier when they hit 606,000 units on an annualized basis. Single-family unit starts dropped 1.4% for August, …

Housing Starts Fall in August, but Building Permits Rise Read More

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