News Reports: Housing news updates and reports for Manufactured Home and Modular Housing Industry professionals and investors. Business – daily fact checks, market reports, and analysis.
New numbers released from the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index this week, show a 5.8 percent annual gain in March, up from 5.7 percent in February. The numbers represent a 33-month high. According to Builder, Seattle, Portland, and Dallas reported the highest year-over-year gains among the […]
Case-Shiller Numbers Release make Case for Manufactured Housing Read More
Noteworthy headlines on – CNNMoney – Assange looking to guest host Hannity’s radio program. EpiPen maker blasted for paying top exec $98M. New York City to cut Wells Fargo from future business. CNN fires Kathy Griffin over gory Trump photo. Some bullets from Fox Business– As economy continues to expand,
UMH in the Spotlight, Tricon Capital Soars, MHCV, Broader Markets End Day Lower Read More
In Olalla, British Columbia, Canada, a 55 and over manufactured home community finds itself suffering from the effects of flooding. And, some residents say that the issue stems from lack of attention. “We’d be spared from flooding if they dredged that creek,” said resident Margaret Munn. Munn, along with other
Another Manufactured Home Community Hit by Disaster Read More
In a story that the Daily Business News originally covered here, the Village Mobile Home Park in Sebastopol, California is going to help provide housing to those who are at risk of, or are already, homeless. Back in March, the city committed to invest $258,000 into the project to create
Manufactured Homes Repurposed in Costly Housing Market Read More
When a manufactured home community gets “lost in the shuffle,” it could be an issue with a bad actor, community activists, or a shutdown. In the case of the Poudre Valley Mobile Home Park just north of Fort Collins, Colorado, getting lost in the shuffle involves a 1000-foot stretch of
Residents Face Risks Leaving Manufactured Home Community Read More
When it comes to housing, the term “affordable” means different things to different people… in different places For example, in Queensland, Australia, the Light House Architecture and Science firm offers a typical size family modular home for $440,000 to $540,000. In Australia, one U.S. dollar is equal to 1.35 Australian
Manufactured Housing Cash Register Rings Differently Down Under Read More
The office of U.S. Housing and Urban Development (HUD) Secretary Ben Carson, has announced a homeownership forum at its Washington D.C. headquarters scheduled for June 1st. June is officially National Home Ownership month, focused on the impact that owning a home has on household wealth, stability of neighborhoods, and the
Will Dr. Carson’s June Forum Promote Manufactured Housing? Read More
Noteworthy headlines on – CNNMoney – How this man is wiping out school lunch debt. Netflix is no house of cards: Now worth $70B. Venezuelans are outraged at Goldman Sachs. Exxon under fire to stress test climate risk. Some bullets from Fox Business– Spicer: Trump’s foreign trip resulted in tens
LCI Spotlighted, While Patrick, Tricon Beat MHCV, Rivals Read More
New numbers out show that under the guidance of the Trump Administration, the nation’s economy is finally recovering from the recession. According to the Daily Caller, Americans credit scores notched a record high this spring in conjunction with a decline in the share of U.S. consumers that are deemed to
The Latest Report on Credit Scores; and What It Means Read More
In another move from the Bureau of Economic Analysis (BEA), the group has revised its estimate for the Q1 real gross domestic product (GDP). According to HousingWire, the bureau revised its estimate higher, increasing it to an annual rate of 1.2 percent in the first quarter of 2017. The original
First Quarter GDP Numbers Revised – The Verdict Read More
A Malaysian designer has made quite a splashing when it comes to a hybrid of modular units and 3D printing. According to Dezeen, Haseef Rafiei was awarded an honorable mention at this year’s eVolo Skyscraper competition. The competition recognizes innovative ideas for futuristic high-rise living. Rafiei’s concept, a skyscraper that
We Live in the Future: NextGen Modular? Read More
In Central Florida, Ro-Mac Lumber and Supply Inc. CEO and host of the “around the house” radio show Don Magruder, touched on a very important subject for those who live in, or are looking to live in manufactured housing. “There are an estimated 20,000-plus older manufactured homes with improper tie-downs
Gentrification: A New Challenge for Manufactured Housing Read More
The U.S. Stock Markets are closed today, in deference to the Memorial Day holiday. Normally known in the U.S. as the “gateway to summer,” Memorial Day is a significant homage to those who have made sacrifices. Per Wikipedia, Memorial Day is a federal holiday in the United States for remembering
Markets Closed for Memorial Day Read More
In what many have called “Trumponomics,” the battle lines became even more clearly drawn last week. At the Harvard commencement speech, Facebook founder Mark Zuckerberg made the call for Universal Basic Income (UBI). “Every generation expands its definition of equality. Now it’s time for our generation to define a new
Universal Basic Income-The Evolution of Poverty Pimping? Read More
Our theme for this month: Magnificent May. Our featured articles are now available on the MHProNews.com home page. To see the line-up of over 3-dozen featured articles for this month, along with the headline commentary, please click the link above. Manufactured, modular and prefabricated home professionals know that how a home got
An interesting situation is playing out in the case of a Moreau, New York manufactured home community. According to the Post-Star, the owner of Bluebird Terrace is taking a unique stance on whether his community should get sewer service. “There are no septic system problems there,” said owner John Cannone.
The Curious Case of a Sewer System… Or Not Read More
The two most visible billionaires in manufactured housing are evenly split between pro-Democratic Warren Buffett, and now pro-Trump Sam Zell. Certainly, other industry professionals run the gamut, from pro-Democratic, pro-GOP, Libertarian, other political affiliations and the all-important independents. But informal surveys of industry professionals by MHProNews reveals that the clear
While MSM Spins Anti-Trump Narrative, Voters and Donors Support the President Read More
Noteworthy headlines on – CNNMoney – Zuckerberg supports universal basic income. What is it? Google, Amazon call for govt. surveillance reform. $1.3 trillion student loan problem facing Betsy DeVos. ID thieves used stolen data 9 minutes after it was posted. Some bullets from Fox Business– Consumer sentiment slips slightly in
UMH Spotlight as they, Sun Communities Gain, MHCV Battered, Broader Markets Mixed Read More
A recent post from Eric Enloe, Managing Director of JLL Valuation and Advisory Services has revved up debated topics in the industry – home rentals versus sales – as well as a look at various best practices regarding accounting and corporate structure methods. “Most participants in the manufactured housing industry know that
As we head into a holiday where we honor those who’ve made sacrifices, the spirit is alive and well in Oshkosh, Wisconsin. According to FOX 11, Martin Auer, who is an Army and Marine Corps reserve veteran, and also a 30-year resident at the Lakeview Mobile Home community, needed some
Veteran Gets Assist from Manufactured Home Community Residents Read More
