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.
When vandalism hits, it’s never good. But when it affects a vital system, it can be extremely dangerous. According to TribLive, in Hempfield Township, Pennsylvania, residents at the Pine View Manor Mobile Home Park are now dealing with a tainted water supply due to an unknown substance being dumped into […]
Vandalism Affects Manufactured Home Community Read More
Manufactured home community sector maverick, Frank Rolfe, has sounded off in a recent commentary, breaking down the reasons that manufactured home community owners, and prospective home buyers, win with the Administration of President Donald Trump. According to the NuWire release, Rolfe had plenty to say. “Whether you are Democrat or
Frank Rolfe–Manufactured Home Communities, Prospective HomeOwners Win with Trump Read More
As the Daily Business News has covered recently, the saga of the Consumer Financial Protection Bureau (CFPB), and its embattled director Richard Cordray, has been one for the record books. Last Friday, the Trump Administration doubled down. According to USA Today, the Administration officially joined a legal challenge aimed at
The Heat is On – Pressure Mounts on CFPB Read More
Noteworthy headlines on – CNNMoney – Dow slides nearly 240 as fear returns to market. 8 things to know about the airline electronics ban. Twitter suspends 377K accounts for pro-terrorism content. U.K. follows U.S. on electronics ban on some flights. Some bullets from Fox Business – Billions pour into Permian
LCI Down, Manufactured Housing CV, Broader Markets Hit Hard Read More
In Dubai, United Arab Emirates (UAE), a technology company claims to be in the process of doing something that’s being called “revolutionary.” According to the Khaleej Times, Technology Company KEF Holdings expects to make their debut in the UAE in under a year, with a 40,000 square metres (131,000 square
Factory Build Smart Homes – With a Twist? Read More
In Lakeport, California, residents of three different manufactured home communities were evacuated due to intense rain and flooding. After years of back-to-back fires, many residents feel pretty lucky that there was only minor damage. And the residents of the Lucky Four Resort even got new neighbors after being away. According
“Otter-ly” Surprised by New Residents Read More
Nobility Homes, Inc. (OTCQX: NOBH) has announced their Q1 2017 sales results. The company reports sales increased 16 percent to $8,573,400, as compared to $7,374,050 recorded in first quarter 2016. Income from operations for first quarter 2017 was $1,056,477 versus $975,741 in the same period last year. Net income after
Nobility Homes Reports Q1 2017 Results Read More
In an update to a story the Daily Business News covered last month, the issue of an exposed high voltage cable at Sunny Acres mobile Home Park in Tampa, Florida, has been resolved. According to WFLA, electric provider Duke Energy dispatched crews to bury the high voltage line, after a series
Update: Exposed High Voltage Cable at MHC Read More
Noteworthy headlines on – CNNMoney – Trump says he may want a 0 percent tax rate. David Rockefeller, banker and philanthropist, dies at 101. Wells Fargo credit card applications plunge 55 percent. Deutsche Bank cuts bonuses by 77 percent after rough 2016. Some bullets from Fox Business – Trump’s Supreme
Skyline Soars, Manufactured Housing CV Up, Broader Markets Mixed Read More
In a story the Daily Business News covered back in December, residents of the St. Jones Landing community in Lebanon, Delaware, have taken additional steps to try and stay put. According to Delaware State News, residents George Makdad and Breanna Waltz filed a Chancery Court lawsuit against St. Jones Landing,
Last Stand for Manufactured Home Community Residents? Read More
In the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released last week, homebuilder confidence in the market for newly-built single-family homes jumped six points to a level of 71, the highest it has been since June 2005. According to Eye On Housing, one of the
Homebuilder Confidence Numbers Released Read More
Our theme for this month is The Manufactured Housing Industry’s March Madness, and our featured articles are now live 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
In St. Louis, Missouri, some residents in the city’s Tower Grove East neighborhood were surprised by what they saw. According to KPLR, crews were installing a modular home from the foundation to the top floor this week, with a crane in the middle of the street. “I guess I was
When Modular Attacks? Neighbors Caught Off Guard Read More
In Weimar, Texas, a situation at a city council meeting this week spurred a bittersweet commentary regarding low income, manufactured home community residents, and the struggles that city officials often have in trying to solve related challenges. “This past Thursday Weimar council had a real challenge on their hands. There
Between a Rock and a Hard Place – Residents Face Challenges Read More
Noteworthy headlines on – CNNMoney – VW exec stuck in jail 70 days and counting. Expedia names Chelsea Clinton to board of directors. Senators: Icahn is using Trump role for ‘personal gain‘. Disney to pay $3.8M to workers charged for costumes. Some bullets from Fox Business – Trump touts jobs,
Skyline Rises, Manufactured Housing CV Down, Broader Markets Mixed Read More
A new survey from the National Association of Realtors (NAR) shows that a combination of job gains and economic optimism are igniting consumer confidence across the country, particularly in rural and middle America. The ongoing quarterly Housing Opportunities and Market Experience (HOME) survey from the NAR asked respondents about their
Economic, Financial Optimism Surges – Trump Effect? Read More
Town officials in Prescott Valley, Arizona approved the expansion of the Orchard Ranch RV Park last week, in what is being seen by the town as a new trend. “We used to segregate mobile homes [sic] from RVs,” said Prescott Valley Community Development Director Richard Parker. “We’re seeing an emergence
Manufactured Home Community Expansion Approved Read More
In Lake Isabella, California, an issue with winter water run-off at a manufactured home community has prompted state officials to issue a violation notice to the owners. According to Bakersfield Now, residents of the Lake Ridge Mobile Home Park say that water started running into their yards and under their
Fix Ordered for Manufactured Home Community Read More
Although it’s still considered a small share of the market, the growing buzz around so-called “tiny homes,” has opened up a new market for insurance. According to Insurance Journal, while enthusiasm does run high, so do the challenges and realities that the tiny home industry, and owners, face: building codes,
A New Housing Insurance Market? Read More
Noteworthy headlines on – CNNMoney – How the U.S. would look under Trump’s budget. Chicago opens a new door to foreign entrepreneurs. Public media is ready to fight budget cuts (again). McDonald’s: Tweet came from “compromised” account. Some bullets from Fox Business – Trump Admin. on UN cuts: We’re spending
Skyline Rises, Manufactured Housing CV Gains, Broader Markets Mixed Read More
