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.
Noteworthy headlines on – CNNMoney – The Wells Fargo scandal is far from over. Trump rally alive and kicking after first quarter. Samsung phone launch: It’s been a challenging year. Obamacare: We liked our old health plans better. Some bullets from Fox Business – Tillerson to NATO members: Pay up. Commerce […]
Patrick Soars, Manufactured Housing CV Rises, Broader Markets Down Read More
New data shows an interesting trend – popular cities like New York, Los Angeles, and Washington D.C., normally destinations for living, are actually losing people in mass. According to a study by Bloomberg, in the 100 most populous U.S. metros, the New York City area ranked 2nd, losing about a
City Residents Make Unexpected Moves – Opportunity for MH? Read More
Cavco Industries Inc. (NASDAQ:CVCO) tells MHProNews that it has signed a Letter of Intent, and has reached an understanding, on terms to acquire Lexington Homes, Inc. The purchase of Lexington is expected to improve Cavco’s ability to participate in the growing Southeastern housing market, as well as better serve the needs
Cavco Reaches Terms on Key Acquisition Read More
The Michigan Manufactured Housing Association (MMHA) tells MHProNews that it is renaming the organization’s nonprofit foundation as The Tim DeWitt HARVEST Education Foundation, in tribute to his nearly four decades of service to the organization. Dewitt originally founded the HARVEST Education Foundation in 1995, and to date the organization has awarded
Michigan Manufactured Housing Association Announces Changes Read More
In Bismarck, North Dakota, a long running discussion about special assessments provided manufactured home owners a surprise. One that they weren’t necessarily looking for. According to FOX West Dakota, some manufactured home property managers were surprised to learn they were paying more than traditional homeowners on special assessments. “Well they’re
Manufactured Home Owners Get Special Surprise Read More
Noteworthy headlines on – CNNMoney – Bids are rolling in for the Mexican border wall. What the heck is going on with Sears stock? Big Oil could be ready for a big comeback. Some bullets from Fox Business – Sean Spicer: Trump economic team weighing best options for tax reform. Norquist:
Skyline Rises, Manufactured Housing CV, Broader Markets Up Read More
In Chesterfield, Missouri, residents of the town’s only manufactured home community received some very shocking news this week. According to News 4, residents of the Chesterfield Mobile Home Park could be losing their homes, if developers get their wish – they want to build 300 apartments where the community currently
Manufactured Home Community, Residents, Face Uncertain Future Read More
In Delaware, homeowners in need are going to get some help. The Delaware State Housing Authority (DSHA) tells MHProNews that qualified homeowners in need of assistance to keep their homes livable can now apply for assistance from the new Statewide Emergency Repair Program. Governor John Carney and the Housing Authority
State Agency to Assist Low Income MH Residents Read More
A recent manufactured home fire in Urbana, Ohio, has officials across the state calling for bold action. Their target is the Ohio Manufactured Homes Commission. According to the Dayton Daily News, fire officials across Ohio are backing a proposal by Governor John Kasich to abolish what they call an “industry-controlled
Manufactured Home Commission Under Fire, After Fire Read More
The trend of municipalities turning to manufactured and modular homes as a solution to housing shortages continues to grow. In the U.K., recently completed modular housing developments have been slated to serve first time homebuyers and workers in South London. According to 24 Housing, Vision Modular Systems, in partnership with
Modular Housing Serves as Affordable Housing Solution Read More
Noteworthy headlines on – CNNMoney – Brexit triggered: 5 obstacles to amicable divorce. Well Fargo customers in $110M settlement. Napolitano returns to Fox, stands by false spying claim. Westinghouse Electric is filing for bankruptcy. Some bullets from Fox Business – Construction business defies California’s ban against border wall construction. Bass
Patrick Up, Manufactured Housing CV Rises, Broader Markets Mixed Read More
In Queensbury, New York, manufactured housing has scored a victory. According to the Post Star, the town received word that a new state law will require it to allow the manufactured homes in residential districts. The law, which originally passed in 2015, allows for any single-family manufactured home that “appears
City Makes Decision on Manufactured Home Zoning Read More
Officials in Corona, California, say that they may pursue voluntary rent control measures for manufactured home communities, in an effort to help low income and elderly residents who face rent hikes of up to 30 percent over the next two years. According to the Press Enterprise, the Corona City Council is
Potential Rent Control for Manufactured Home Communities Read More
In a North Fort Myers, Florida manufactured home community, some special residents were honored for their contribution. According to the News-Press, twelve World War II veterans, ages 87-94, were honored this past weekend at the Forest Park Mobile Home Park. 70 years removed from their time in service, veterans –
Manufactured Home Community Veterans Honored Read More
In a follow up to a story that Daily Business News originally covered here, Chicago Mayor Rahm Emanuel is “gung ho” about developers planning to build 12,000 modular homes, along with a factory to manufacture them, on the 430-acre site of the old U.S. Steel South Works plant in the
Mayor “Gung Ho” About 12,000 Home Modular Project Read More
Noteworthy headlines on – CNNMoney – Dow jumps 151 points, breaks 8-day losing streak. Wells Fargo fails discriminatory and illegal practices test. O’Reilly apologizes for racially charged joke. Never ending success? Olive Garden sales boom. Some bullets from Fox Business – As sanctuary cities grow, public schools left holding the
AMG Soars, Manufactured Housing CV Slips, Broader Markets Roar Back Read More
In a follow up to a story that the Daily Business News originally covered in February, the Iberia Parish, Louisiana Parish Council voted last week to adopt a new ordinance to regulate the development of manufactured home communities and subdivisions. This appears to be the end of the road for the
Town Decides on Manufactured Home Ordinance Read More
In an update to a story the Daily Business News has covered over the last few months, residents at the East End Mobile Home Park in Manassas, Virginia, have been given a reprieve from eviction, which was due to take place at the end of the month. According to Inside
Update: Manufactured Home Community Eviction Read More
Typically, when you hear about a 99-year lease, it usually means more than a lifetime of security. Except in the case of an Arizona manufactured home community. Per The Spectrum, Anasazi Palms, a community in the Arizona Strip community of Littlefield provided what most residents saw as a “perfect deal.”
Manufactured Home Community Leases Gone Bad Read More
In Baton Rouge, Louisiana, two developers have turned to modular housing to ease the stress of finding housing. According to the Baton Rouge Business Report, Jak Kunstler and Susannah Bing believe that modular homes in Baton Rouge could be a solution to a housing shortage in the city’s older neighborhoods.
Developers Turn to Modular in Housing Crisis Read More
