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.
For incumbent London Mayor Sadiq Khan, the answer could very well be yes. According to Property Week, the importance of addressing London – and the U.K.’s – affordable housing crisis was front and center in a discussion on the mayor’s performance among developers and professionals gathered in Cannes. The message […]
Could Modular Determine the Outcome of an Election? Read More
In the ongoing battle surrounding Obamacare, its repeal and its replacement, President Donald Trump is utilizing skills and tactics made famous in his book “Art of the Deal.” In interviews this week, including one with the Wall Street Journal, President Trump said that he’s exploring the idea of withholding key
Obamacare in the Crosshairs – What’s the President’s Plan? Read More
Big news for Tricon Capital Group Inc. (TCN), as they have announced their acquisition of Silver Bay Realty Trust Corp (NYSE:SBY), an owner and operator of single-family rental homes in the United States for $1.4B. According to HousingWire, the all cash transaction valued Silver Bay at $21.50 per share, and
Major Moves at Tricon Capital Group Read More
Just south of Portland, Oregon, residents at the Angel Haven Mobile Home Park had a wild weekend. According to KATU, a major windstorm knocked out power to the community last Friday, leaving over 100 homes in the dark. A major concern for officials was that more than 120 residents suffer
Power Restored to Manufactured Home Community Read More
In the United States, some are native born, some immigrate, but all are unified in pursuing the American Dream. For most, that includes owning a home. But according to a new report on housing affordability from real estate firm Trulia, there are some places in the country where even doctors
Homes in America – The Land Where Even Doctors Struggle Read More
Noteworthy headlines on – CNNMoney – Man dragged off United flight will sue, lawyer says. Elon Musk to Tesla investor group: Go buy Ford. Warren Buffett cuts his stake in Wells Fargo. NY to provide lawyers for immigrants facing deportation. Some bullets from Fox Business – Trump on Afghanistan bombing:
Carlyle Rises, Manufactured Housing CV, Broader Markets Down Again Read More
In Iberia Parish, Louisiana, an area the Daily Business News has covered prior, new laws are going into effect for manufactured home communities related to trash collection. And some residents and owners are not pleased. According to KATC, the Iberia Parish city council approved ordinances last month, making manufactured home
UPDATE: New Manufactured Home Community Laws Take Effect Read More
In Surrey, British Columbia, Canada, a move by the owners of the former Seacrest Motel and RV Park to redevelop was met with strong opposition. Interestingly, the opposition didn’t come from residents. According to Peace Arch News, Lark Group, the owners of the community want to redevelop the land into
Move to Reclassify RV’s In Community Read More
While “tiny homes” may be all the rage, more and more people are finding that the real value is in a tried and true model. According to the Northwest Housing Association (NHA) in Olympia, Washington, more and more people who look at tiny homes as an option have discovered manufactured
Manufactured Homes Knock Tiny Homes Down to Size Read More
The Mt. Vernon, Illinois Zoning and Planning Commission has once again tabled conversation on a proposed zoning change that would clear the way for a manufactured home community. According to the Register News, the decision came after a two-and-a-half hour hearing, which featured a number of residents speaking out against
NIMBY in Action – Commission Delays Zoning Ordinance Read More
Noteworthy headlines on – CNNMoney – U.S. dollar drops sharply after Trump calls it “too strong”. United CEO: Police won’t haul off passengers again. What worries small businesses about tax reform. Daily Mail pays first lady $2.9M to settle suit. Some bullets from Fox Business – Trump: NATO will be
Tricon Spikes, Manufactured Housing CV, Broader Markets Slide Read More
Former Amazon manager Andy Holm sees the future as “Blokable” with modular housing. Holm, who led the build out of Amazon’s physical locations, including work on the Amazon Go convenience store concept, discovered his pain during that process was actually a viable business. Finding and working with the firms that
Ex-Amazon Leader Sees Future In Modular Read More
Numbers from the Bureau of Labor Statistics (BLS) for March, show that the number of employed Americans increased 472,000 to 153,000,000, which represents another record month. According to CNS News, the number of unemployed persons dropped by 326,000 to 7.2 million, and that brought the unemployment rate in the nation
Economy in Focus: Jobs, Employment, Trump Read More
In the U.K., a prefab bonanza is taking place, and another company has decided to get in on the action. According to the Telegraph, a Docklands factory will be the first of its kind in London, and will eventually provide 3,000 new modular homes. As the Daily Business News covered
Factory Goes Modular – Plans Thousands of Homes Read More
While manufactured home communities offer a number of things, including a practical, cost efficient and quality way to realize the American Dream, occasionally strange things happen. In this case, the problem is a gaggle… of geese. Per the Chino Champion, it appears that Canadian Geese that refuse to migrate are
An Interesting Gaggle – Animals and Manufactured Home Communities Read More
Noteworthy headlines on – CNNMoney – United loses $250 million in market value. Toshiba warns it may not survive crisis. White House says United episode “troubling”. Russia could soon control a U.S. oil company. Some bullets from Fox Business – Wal-Mart cuts several hundred jobs. Trump targets Dodd-Frank, promises tax
UFPI Bounces, Manufactured Housing CV Leaps, Broader Markets Down Slightly Read More
Although overall consumer confidence rose in March, consumer confidence in home buying slipped almost four percentage points for the month. According to the Fannie Mae Home Purchase Sentiment Index (HPSI), confidence decreased 3.8 percentage points to 84.5, following a record high in February. The index showed that the share of people
Homebuyer Confidence – March Report Read More
An Honorary Lifetime member of the Indiana Manufactured Housing Association (IMHA) and the Manufactured Housing Institute (MHI), Ralph Pardieck, of Seymour, Indiana passed away at age 88, Friday, April 7. A self-made businessman, he and his wife, Ruth, founded the Village Green Manufactured Home Community, and also established a winery,
Passages: Ralph Pardieck Read More
In the San Francisco Bay Area of California, housing, along with most everything else, is very expensive. In many cities in the region, this disparity creates a toxic combination: an affordable housing crunch and rampant homelessness. A billionaire in the area believes that the solution lies in repurposing shipping containers.
Billionaire Sees Shipping Containers as Homeless Solution Read More
When life hands you lemons, make lemonade. When the Zillow Group’s ™ recent survey of Consumer Homebuyer Trends tells you 92% of Americans aren’t considering a manufactured home – and only half of those who ponder manufactured housing actually purchase one – consider it a multi-million-dollar opportunity in your professional
Zillow Group Study Reveals Trillions in Manufactured Housing Industry Opportunities Read More
