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.
In a follow up to a story the Daily Business News originally covered last month, the House Committee on Oversight and Government Reform (HOGR), led by chairman Rep. Jason Chaffetz (R-UT), has ordered two home manufacturers to turn over documents related to the Louisiana floods, as it investigates the Federal […]
Update: Manufacturers Must Turn Over Documents in FEMA Case Read More
Noteworthy headlines on – CNNMoney – How Sears changed America. London attack: Police make eight arrests. Housing market could get a bump from Trump. Wall Street runs on Dunkin’, not Starbucks. Some bullets from Fox Business – Burger King owner: Small biz rooting for Trump, Ryan on Obamacare replacement. Trump’s
UMH Soars, Manufactured Housing CV Gains, Broader Markets Down Read More
In a contentious story that the Daily Business News covered here, the alleged on and off discussions to sell Laconia, New Hampshire- based Briarcrest Estates to Hometown America has one resident choosing to utilize the power of the media to make their point. According to the Laconia Daily Sun, the
Editorial: Resident Opposes Sale to Hometown America Read More
The Manufactured Housing Association for Regulatory Reform (MHARR) is out with an advance of its April edition of “Issues and Perspectives,” a newsletter that discusses items relevant to the manufactured housing industry. This edition of the newsletter addresses the need for manufactured housing to remain federally regulated, with MHARR President
MHARR: Manufactured Housing Must Remain Federally Regulated Read More
In Walker County, Georgia last week, the County Planning Commission took on a big task… how to regulate “tiny homes.” According to the Times Free Press, during a work session, the commission settled on some rules – a tiny home in Walker County should be no bigger than 500 square
County Commission Tackles Tiny Homes Read More
In its search for affordable housing solutions, representatives from the island of Borneo, which includes the nations of Brunei, Malaysia, and Indonesia, arrived in China this week to discuss potential options. According to Borneo Today, a delegation from the Ministry of Housing and Urbanization, and Sarawak Housing and Real Estate
Nation Seeks Affordable Housing Solutions, Looks to Modular Read More
Noteworthy headlines on – CNNMoney – Terror alert: Central London on lockdown. AT&T, Verizon halt Google ads over extremist videos. Sears has “substantial doubt” that it can survive. Starbucks to add 240,000 jobs worldwide by 2021. Some bullets from Fox Business – Surveillance findings raise concern about spying on Trump
UMH Rises, Manufactured Housing CV Down, Broader Markets Mixed Read More
In the town of Independence, Louisiana, an intense battle has been brewing around allowing modular homes within town limits. According to The Daily Star, Independence Mayor Angelo Mannino asked the town board last month to consider allowing modular, saying many young couples have asked to live in the homes in
Town Battle for Modular Inclusion Read More
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
