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.
Recently released data from the National Association of Home Builders (NAHB), shows that the 55+ Housing Market Indexes (HMI) for single family homes posted significant declines in all three components in the first quarter of this year. According to Consumer Affairs, the HMI’s for present sales dropped 12 points to […]
Homebuilder Confidence Plunges, Golden Opening for Manufactured Housing Read More
In a trend that has become popular in Europe, the Canadian city of Edmonton, Alberta, is taking the plunge, with the development of its first modular housing project utilizing shipping containers. Per the Journal of Commerce, the soon to be completed urban infill project, Westgate Manor, will consist of 20
City Takes Plunge into Modular Housing Read More
Noteworthy headlines on – CNNMoney – Ford gets ready to cut jobs. Outage hits Starbucks stores in U.S. and Canada. Rue21 files for bankruptcy as retail woes drag on. Facebook refunds advertisers over measurement error. Some bullets from Fox Business– Home Depot crushing Sears and other struggling retailers. Trump defends
Commerce Bank Moves on AMG, Updates on Skyline and ELS Read More
The U.S. Department of Housing and Urban Development (HUD) posted a notice in the U.S. Federal Register yesterday, inviting comments related to identifying existing HUD regulations that may be “outdated, ineffective, or excessively burdensome.” The directive, issued directly by HUD Secretary Dr. Ben Carson, is in accordance with Executive Orders (EO)
Dr. Carson Calls for Comments on HUD, MHARR Reacts Read More
New figures out from HSBC show some unexpected and interesting figures on how millennials around the world are dealing with homeownership. And according to one billionaire, the big barrier for some includes avocados and coffee. “When I was trying to buy my first home, I wasn’t buying smashed avocado for
Generation Buy? Millennials and Home Ownership Read More
In Montana’s Yellowstone County, manufactured home owners can look to receive their tax assessments a bit later this year. The reason? According to the Billings Gazette, many are expected to show a large increase in value. “The major differences from last year’s assessments are that 2017 is a reappraisal year
Manufactured Home Owners Could Be in for a Surprise Read More
The answer to that question throughout Western North Carolina comes down to something simple: it depends on whom you ask. Manufactured housing in the region, on average, accounts for between 15 and 30 percent of overall housing. According to the Citizen Times, opponents of manufactured housing in the area say
Are Manufactured Home Communities Good or Bad? Read More
Noteworthy headlines on – CNNMoney – Police: Hit by cyber attack? Don’t pay ransom. $1,000 in Amazon 20 years ago is now worth $638,000. Lowe’s employees now wearing exoskeletons to work. India boycotts China’s global trade jamboree. Some bullets from Fox Business – Trump Administration fast tracks infrastructure as taxes, health
U.S. Infrastructure Plans Solidify, to Spur Markets, Jobs – Patrick Spikes Read More
In New York State, the Governor’s office of storm recovery (GOSR) has been hard at work assisting property owners who have been impacted by Superstorm Sandy. According to BlackNews, the Poospatuck Reservation, the smallest reservation in the state, is one of those groups, having eight families that were in needed.
Minority Manufactured Home Builder Helps Sandy Victims Read More
When it comes to the wisdom of Equity LifeStyle Properties (ELS) Chairman and billionaire Sam Zell, there’s never a shortage of fireworks. “Obama’s $787 billion American Recovery and Reinvestment Act of 2009 was a ‘half-ass-d stimulus bill,’” said Zell on CNBC this week, as he promoted his new book, “Am I
Sam Zell calls Obama plan “half ass-d” Read More
Our theme for this month: Magnificent May. Our featured articles will be available on the MHProNews.com home page. Our May theme will be available mid-week this week. 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
Yesterday, in part one of this series on the “Woodstock for Capitalists,” the Daily Business News focused on several aspects of the business, wit, insights, and politics of Warren Buffett. Today, we look at Kevin Clayton of Clayton Homes, who even before his featured interview on FOX Business, Warren Buffett
Kevin Clayton at Clayton Homes Takes Buffett’s Big Stage, Video Read More
Noteworthy headlines on CNNMoney – Massive ransomware attack hits 99 countries. Department stores have lost more jobs than coal mines. Trump again suggests ending daily White House briefings. Now robots can teach other robots. Some bullets from Fox Business – These five department stores shed $4.2B in market value this week.
Carlyle Group Gains, MHCV Dips, Broader Markets Mixed, Ransomware Attack Hits 99 Countries Read More
Last Sunday evening proved to be a big one for the manufactured housing industry veteran, Paul Bradley President of ROC USA. Bradley appeared on NBC Nightly News in a segment on manufactured home communities. The feature focused on those 55 and over, who are downsizing in retirement and choosing manufactured
Major Media Coverage for Manufactured Housing Read More
In Delaware last week, a group of economists, investors, and housing experts got together to discuss a business venture that raised some eyebrows. According to the Delaware Business News, the group met to discuss a business venture that would leverage Chinese investment and manufacturing to produce modular housing units at
Chinese Firm to Provide Modular Homes in U.S.? Read More
In a follow up to a story the Daily Business News originally covered in December, a Minnesota State Appeals Court ruled in favor of the new owners of the Lowry Grove Mobile Home Park in St. Anthony, in an ongoing dispute over the site’s future. The story began back in
UPDATE: Appeals Court Ruling in MHC Case Read More
It has been dubbed the “Woodstock for Capitalists.” It’s the spectacle formally known as the Berkshire Hathaway Annual Shareholders Meeting. It took place this past weekend in Omaha, Nebraska. The event provided insights into the mind of Warren Buffett, whose large manufactured housing business units makes him of widespread interest
Warren Buffett Admits Mistakes, “Mind Your Language!” Read More
Noteworthy headlines on – CNNMoney – U.S. laptop ban could hit 350 flights a day. Microsoft unveils big Windows update. Sears CEO: “We don’t need more customers.” Tennessee makes community college free for all adults. Some bullets from Fox Business – Aetna’s Obamacare Exit may trigger domino effect as deadline looms.
Tricon Capital Roars, Skyline Update, Retail Worries Spark Market Slide Read More
Noteworthy headlines on – CNNMoney – NBC set for biggest Trump interview yet. Volkswagen CEO faces scrutiny. Obamacare repeal bill CBO score expected in two weeks. Tesla begins taking orders for its Solar Roof. Some bullets from Fox Business – White House: Trump, DOJ, FBI members lost confidence in Comey.
UMH’s Huge Rally, Manufactured Housing CV Dips, OPEC, US Oil Duel Read More
Long-time community owner and award-winning industry professional, Marty Lavin, has said that many of the industry’s residents are “financially fragile.” Alongside numerous others in the industry, Lavin’s not alone in his concerns for the economically vulnerable residents of manufactured homes. There are also those outside of the MH Industry willing to
Community Assists Manufactured Home Residents Read More
