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 information from the National Association of Home Builders (NAHB) shows an interesting dynamic taking place with cash sales for homes. According to MPA Page, NAHB’s analysis of recent census date showed that cash sales accounted for only 4.7 percent of new home sales, down from a peak of 9.5 […]
New Data from NAHB on Cash Sales for Homes Read More
The state of Arizona has taken steps to ease restrictions on the transfer of manufactured homes to simplify the process for potential sellers. According to the Arizona Business Daily, the decision is tied to an effort to better compete with surrounding states in the manufactured home sales sector. Until the
State Moves to Ease Restrictions on MH Sellers Read More
Noteworthy headlines on – CNNMoney – Fox trying to pull Jesse Watters from O’Reilly comedy tour. Oil stocks are the biggest losers of 2017. US unemployment hits 4.4 percent, lowest in a decade. Warren Buffett dumped a third of his IBM stock. Some bullets from Fox Business – Gary Cohn:
Skyline, UMH Gain, Manufactured Housing CV Soars, S&P, NASDAQ Hit New Highs Read More
Gelt Inc., a Tarzana, California based real estate investment firm, has announced the formation of a new subsidiary to purchase and manage manufactured home and RV communities. According to the San Fernando Valley Business Journal, the new company, called Happy Home Communities, will buy and manage various communities in a
New Player Enters Manufactured Home, Communites, RV Game Read More
For Skyline Homes, a recent rough patch has analysts and investors making moves. According to the Cerbat Gem, TheStreet downgraded shares of the company from a “c” rating to a “d” rating, in a research note issued to investors late last week. The move comes as Skyline’s stock price has
Analyst, Investor Action at Skyline – What’s Happening? Read More
Grand Rapids, Michigan-based MHVillage, the nation’s number one website for buying, selling, and renting mobile and manufactured homes, tells MHProNews that it has introduced a new text notification feature, MHVfastLead™. MHVfastLead will allow MHVillage.com professional account holders to receive a text message when there is a new sales lead from
MH Village Announces New Industry Service Read More
Noteworthy headlines on – CNNMoney – The House passes the GOP’s health care bill. Gin recalled for having too much alcohol. Aetna pulls out of Virginia’s individual market. Italy gets Google to pay $335 million in tax arrears. Some bullets from Fox Business – Trump: This is a repeal and replace
Skyline Spikes, Manufactured Housing CV Down, Broader Markets End Flat Read More
In a follow up to a story the Daily Business News covered in November, residents of the Starlight Mobile Home Park and Greenfield Mobile Estates received confirmation that vapors from a dangerous chemical that runs underground in the city of El Cajon, California have seeped into people’s homes. According to
Chemical Vapors Entered Manufactured Homes, Tests Show Read More
In Smyrna, North Carolina, landowner Carolyn Floyd-Robinson thought she had “checked all the boxes” when she was ready to contribute to the community. The response she received from city commissioner was not what she expected. According to the Red Springs Citizen, Robinson appeared before the commissioners this week, seeking a
NIMBY? Fear? Ignorance? MHC Proposal on Hold Read More
In a story that the Daily Business News has followed closely, the Ohio Manufactured Housing Association (OMHA) saw the Ohio House of Representatives pass Substitute HB 49, the “State of Ohio budget bill” on May 2nd, restoring the Ohio Manufactured Homes Commission (OMHC), consistent with present law. As we reported
Big Win for OMHA/OMHC in House, Senate Vote Next Read More
Washington, D.C., May 3, 2017 – The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews that, according to official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), year-over-year manufactured housing industry production increased substantially again during March 2017. These just released statistics indicate
HUD Code Manufactured Home Production Rises Sharply Read More
Noteworthy headlines on – CNNMoney – YouTube CEO Susan Wojcicki: Don’t interrupt me. Puerto Rico files for bankruptcy. No Fed rate hike; but officials see more ahead. Should Apple buy Disney? Tesla? The Raiders? Some bullets from Fox Business – Spicer on Hillary Clinton claiming she would’ve won the election. Wall
Carlyle Leaps, Manufactured Housing CV Down, Broader Markets Mixed Read More
An early morning fire at the main office and workshop of a Baird Homes location in Seymour, Indiana this weekend caused major damage, but didn’t stop the company from moving forward. According to the Tribune, the blaze caused an estimated $250,000 damage, and firefighters spent two hours battling the fire.
Baird Homes Affected by Fire, Under Investigation Read More
MHProNews has learned that National Cooperative Bank (NBC) of Hillsboro, Ohio and MetLife have teamed with ROC USA and their ROC USA Capital arm, a U.S. Treasury-certified Community Development Financial Institution, to offer additional financing allowing manufactured home community residents to purchase the communities they live in. According to the
ROC USA, Bank, Announce Key Partnership Read More
It’s axiomatic. Today’s news becomes tomorrow’s history. Journalist Alan Barth wrote, “News is only the first rough draft of history.” As confirmation hearings and political campaigns often prove, history can in turn make news. Most have had the experience of saying or writing something yesterday, that proved awkward days, months — or years later.
India based IT services firm Infosys announced yesterday that they plan to hire 10,000 U.S. workers over the next two years and open up four additional technology centers, beginning in Indiana. According to Newsmax, the move comes at a time when Infosys, along with fellow Indian companies Tata Consultancy Services
Outsourcing and the U.S. Economy: Can Trump Muscle Save the Day? Read More
In Washington, state and local officials lauded the start of construction of two new modular buildings for the Greywolf Elementary School last week, which will house new classrooms for kindergarten through third grade students beginning next school year. According to the Peninsula Daily News, the structures will utilize cross-laminated timber
Modular Classroom Construction Under Way Read More
Noteworthy headlines on – CNNMoney – U.S. airlines collected $4.2 billion in baggage fees. Manhattan gets a new 332 area code — here’s why. GM makes it official: We’re leaving Venezuela. How France’s Le Pen is wooing the left wing. Some bullets from Fox Business – Can Trump and Putin work
Tricon, Patrick Jump, Manufactured Housing CV Dips, Broader Markets Rise Read More
In Chatham County, Georgia, a “voice of the viewer” report on a local TV station appears to have uncovered a bad actor. According to WSAV TV, their coverage of lingering storm damage that was causing safety concerns for residents of the Highland Woods Mobile Home Park led to a county
Bad Actor Ferreted Out? MHC Draws Media Attention Read More
One time vice president and member of the Board of Governors of the IMHA-RVIC, Gary “Mac”McClanahan, 77, passed away April 28, 2017. Active in the Capital City Manufactured Housing Chapter in Indianapolis, “Mac” was honored with the Citizen of the Year Award in 2009, and had recently devoted his efforts
Passages: Gary “Mac” McClanahan Read More
