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.
While the value proposition for manufactured housing is well known to industry professionals, showing or explaining that value to the mainstream can be a challenge. According to recent information from NAREIT, that appears to be changing. New data shows that manufactured housing REITs now occupy an enviable place in real […]
Manufactured Housing – Investors Taking Notice? Read More
In Penticton, British Columbia, Canada, modular building manufacturer Britco laid off most of its employees earlier this month, in what the company is calling a “curtailing.” According to Infotel CA, Western One, Britco’s parent company, announced the sale of Britco’s rental and U.S. manufacturing businesses on March 6 to Black
Modular Home Builder Faces the Music Read More
In Belfast, Maine, members of the city’s planning board are reviewing plans to expand a manufactured home community. According to Village Soup, the community is owned by Connecticut Property Management and sits on 22 total acres. The community currently has 21 homes, and the proposed expansion would create 31 additional
Planning Board Reviews Manufactured Home Community Expansion Read More
Noteworthy headlines on – CNNMoney – Trump to U.S. steelworkers: I’ve got your back. Ivanka Trump promises to donate book profits to charity. Fox gets big ratings in O’Reilly’s slot after firing. Venezuela spirals into deep economic crisis. Some bullets from Fox Business – U.S. reviewing Venezuela’s seizure of GM
Deer Valley Surges, Manufactured Housing CV, Broader Markets Spike Read More
In the ongoing saga of Laconia, New Hampshire – based Briarcrest Estates, both the tempers, and stakes, are higher than ever. According to the Laconia Daily Sun, Briarcrest co-op board members Joe McCarthy, Don Vachon and John Drouin have resigned from the six-member board, after they came under fire over
Drama, Take Three – MHC Infighting Over Potential Sale Read More
Much of the manufactured housing industry is familiar with latest version of the Preserving Access to Manufactured Housing Act of 2017 – a.k.a. H.R. 1699. The Arlington, VA based Manufactured Housing Institute’s (MHI) latest “alert” urged their readers to keep up the momentum for the 4th iteration of a bill,
Preserving Access to Manufactured Housing Act – Momentum or DOA? Read More
New data in from the National Association of Homebuilders (NAHB) shows that homebuilding in the U.S. fell in the month of March, recording its biggest decline in three years. According to the St. Louis Dispatch, housing starts declined 6.8 percent to a seasonally adjusted annual rate of 1.22 million units.
Rise and Fall – NAHB March Housing Report Read More
The Manufactured Housing Association for Regulatory Reform (MHARR) has released its April 2017 Washington Update, an exclusive report and analysis that addresses key issues with the U.S. Department of Housing and Urban Development (HUD). Covered in this MHARR report: HUD Defines President Trump’s Regulatory Reforms MHARR Highlights Urgent Need
MHARR on HUD, DOE, Chattel and Powergrabs – Exclusive Report and Analysis Read More
Noteworthy headlines on – CNNMoney – Bill O’Reilly out at Fox News. Wells Fargo CEO has a message for distrustful employees. Pricey US stocks are being dumped for cheap Europe. Facebook wants to kill the password. Some bullets from Fox Business – IBM Sends S&P 500, Dow Lower; Nasdaq Advances.
Skyline Bounces Back, Manufactured Housing CV, Broader Markets Dip Read More
In the Southern California city of Brawley, families who have been displaced by the closing of the Brawley Mobile Home Park are looking to their local representatives for help. According to KYMA, more than 40 families are seeking assistance, and 10 community residents were in attendance at a legislative update
MHC Residents Look to Lawmakers for Assistance Read More
In 1821 Charles Bulow purchased nearly 5,000 acres of land in northeast Florida, in what is now Flagler County. According to Florida Today, local historian Al Hadeed said, “The Bulow Plantation was one of the largest plantation enterprises in territorial Florida. It was very successful because its major crop was
Former Sugar Plantation Sees Reallocation of Manufactured Homes Read More
The RICO Act was originally conceived as a law that would be used to help combat organized crime, specifically the Mafia and like organizations. Since enacted by Congress in 1970, it has had other applications in criminal as well as civil law. Wikipedia defines RICO in the following terms: “The
Extortion? RICO? Allegedly Illegal, and Dirty Side of Manufactured Housing, Exposed Read More
A new business is set to expand in the Pocatello, Idaho community that could see the addition of up to 40 employees. Modular Zip Kit Homes owner Chris Jaussi expects to find a manufacturing facility in the area within the next two weeks and hopes to begin hiring by June
Modular Homebuilder could add Up to 40 Jobs Read More
More than two dozen homes in Greenwood Estates manufactured home community just south of Indianapolis, Indiana will have to relocate while Worthsville Road is expanded to accommodate increased traffic and development from U. S. 31 to State Road 135. The first leg of the expansion, from U. S. 31 to
Road Construction will Require Manufactured Home Residents to Move Read More
An article in Tulsa World notes that Senate Bill 91 in the Oklahoma State Senate specifies that if personal property taxes become delinquent on a manufactured home situated on property not owned by the owner of the home, and the county treasurer places a notice in the local newspaper, then
Bill Beneficial to Manufactured Home Industry Read More
Noteworthy headlines on CNN Money: United CEO Oscar Munoz: No one has been fired over passenger incident. Brexit: U.K. election makes a painful breakup more likely. Jared Kushner is still selling off his business assets. French presidential candidate wants a 100% tax on the rich. Some key bullets from Fox
Skyline Shakes Slide, Tops MH Risers. Major’s Down, MHCV Up Read More
As part two on our series on federal taxation, the Daily Business News spotlights today what private and federal research reveals to be hundreds of billions of dollars in waste, fraud and abuse. The Trump Administration has made tax reform a hallmark of their agenda, and President Donald J. Trump
Waste! Fraud! Abuse! Its Impact on Business Read More
Government-sponsored enterprise Freddie Mac is partnering with Louisville-based housing intermediary Next Step Network and three non-profit housing counseling agencies to initiate an online housing education curriculum. According to Mortgage Professional America, the goal is to increase the number of mortgage-ready manufactured home buyers in Kentucky. The program will team up
Freddie Mac Calls Manufactured Homes Crucial Read More
In an interview with the Washington Examiner, Republican National Committee chairwoman Ronna Romney McDaniel sounded an alarm that the GOP does not get moving on its agenda in Congress, it runs the risk of being moved out. “It’s hard to win if you don’t govern. If you make these promises,
Dems Return to the Drawing Board as the GOP Pursues its Agenda Read More
Noteworthy headlines on CNN Money: Rising global fears challenge Wall Street. Netflix nears 100 million subscribers. Fed: Tearing up NAFTA would hurt U. S. firms. China’s economy is picking up steam. Some bullets from Fox Business: Which state sends most taxes to D.C. Hint: It’s not a state. Facebook violence
Patrick, LPX Lead and Skyline Recedes, Broader Markets Up, MHCV Drop Read More
