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 – Caterpillar stock tumbles as feds execute search warrant. Companies are lining up to build the border wall. Mexican firm: We’ll provide cement for Trump’s wall. Venezuela is down to its last $10 billion. Some bullets from Fox Business – Trump advocates for defense buildup […]
TCN, ELS Up, Manufactured Housing CV, Broader Markets Down Read More
The Senate, in a 58-41 vote Thursday, has confirmed Dr. Ben Carson to be the next Secretary of the U.S. Department of Housing and Urban Development (HUD). Carson’s nomination was approved by a bi-partisan majority of the Senate Banking, Housing and Urban Affairs Committee in a vote on January 24,
Ben Carson Confirmed as HUD Secretary, MHI and MHARR Commentary Read More
Leading up to his speech to a joint session of Congress Tuesday evening, many were curious as to exactly how President Donald Trump would approach the moment and what his message would be. Post speech, the responses, and where they came from, were quite interesting. “This will be a very
POTUS Speech: Public, Media, Markets Applaud Read More
It never fails. No matter how much you clean, it always seems that something comes up, spills, or gets dirt on it. Why? Over the course of time, things happen. But, there are some things that you can do – or stop doing – to keep your home cleaner. According
Habits to Make or Break for a Cleaner, Healthier Home Read More
In Hampton, South Carolina last night, Mayor John Rhoden and the Town Council extended a hand to a group of manufactured home community residents in an effort to make the best of an unfortunate situation. According to the Hampton County Guardian, residents of L&L Trailer Park got word late last
MHC Gets Assistance From Town Council Read More
Noteworthy headlines on – CNNMoney – Dow soars 300 points, zooms past 21,000. Wells Fargo strips CEO and 7 top execs of 2016 bonuses. McDonald’s to launch ordering app, expand delivery. Kay and Jared jewelry chains face discrimination allegations. Some bullets from Fox Business – Dow’s latest 1K-point advance ties
UFPI Soars, Manufactured Housing CV UP, Broader Markets Hit New Records Read More
In Carbon Hill, Alabama this week, the City Council heard about a possible plan from developers to use a couple of old manufactured home plant facilities to make small-sized homes, aka “tiny houses.” Charles Phillips, his son, Charles T. Phillips, and Jim Clark spoke to the council about their plans.
MH Factories May Get New Life Read More
The report is in from the National Association of Realtors (NAR). According to Housing Wire, insufficient supply levels and contract activity in the West and Midwest decreased, bringing down pending home sales to their lowest level in a year. The Pending Home Sales Index is a “forward looking indicator,” based
Pending Home Sales Numbers Released Read More
The Washington County, Maryland Board of Commissioners is holding a public hearing today regarding several proposed changes to the county’s zoning ordinance, including ones that affect manufactured homes. According to the Herald-Mail Media, zoning amendments are proposed to the 1973 ordinance from time to time due to changing times and
Zoning Changes Could Affect Manufactured Housing Read More
Washington, D.C., February 28, 2017 – The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews that Executive Orders issued by President Trump within the past thirty days provide an unprecedented opportunity for the federally-regulated manufactured housing industry and American consumers who rely upon manufactured homes. The orders, says MHARR,
MHARR: President Trump’s Actions Offer Major Opportunity for MH Industry and Consumers Read More
Noteworthy headlines on – CNNMoney – What Wall Street wants to hear from Trump. Bidding war over Obamas’ book deal. NY Fed president: “Animal spirits have been unleashed.” Shamed retail baron pays $450M to protect pensions. Some bullets from Fox Business – Dow halts record run, February was still mighty
TCN Up, Manufactured Housing CV, Broader Markets Down Read More
With mortgage rates now beginning to move, those in the market felt the first effects of rising rates in December. According to Housing Wire, information from First American Financial Corp., a provider of title insurance, settlement services and risk solutions for real estate transactions, shows that the company’s price index
Impact of Rising Interest Rates Felt Read More
Some interesting tips regarding mortgage down payments have come from one of the most famous places in New Mexico. According to the Taos News, the median down payment for first-time home buyers has been six percent for three straight years. And in the National Association of Realtors’ (NAR) “aspiring home buyer
Tips from Taos – Mortgages Read More
When the “Oracle of Omaha” speaks, people listen. Actually, millions of people listen. On February 25th, Warren Buffett delivered his annual letter to shareholders. In his letter, the manufactured housing industry was front and center, as Buffett discussed Clayton Homes. “Clayton and Berkshire have been a wonderful partnership,” wrote Buffett.
The Report, Warren Buffett, Kevin Clayton and Clayton Homes Read More
Residents in Fairfield, Connecticut are being treated to quite an event. According to News 12, construction crews are assembling a multimillion-dollar modular home in town on North Benson Road. The home is so large, with 18 sections, that each of them was brought in and dropped into place by a crane.
A Luxury Modular Home? Read More
Noteworthy headlines on – CNNMoney – Trump promises insurers a “fantastic plan.” Buffett: Market not in a bubble, still looks “cheap.” Trump meeting with regional media outlets. Tesla gets downgraded to “sell” by Goldman Sachs. Some bullets from Fox Business – Dow, S&P 500 close at record as Trump talks
Skyline Soars, Manufactured Housing CV, Broader Markets Up Read More
Manufactured home communities are often “lightning bolts” when it comes to news. In the instance of the Sunny Acres Mobile Home Park in Tampa, Florida, it’s literal. According to WFLA, a high voltage, electric underground cable is lying above ground, on the sidewalk in the community, and it’s been there
Reza Dormanesh, father of Soheyla Kovach, died today in Tehran, Iran. He was undergoing cancer treatment. He was 83. Dormanesh was involved for most of his adult life in the building trades, after serving in the military. He made his daughter Soheyla’s university education possible, and later assisted
Passages: Reza Dormanesh, father of Soheyla Kovach Read More
Usually, the addition of a new home to a neighborhood is greeted as something good, viewed as a benefit to the others as it could increase property values. That’s not the case in Shreveport, Louisiana. A manufactured home in the city’s Highland neighborhood is getting some attention from upset residents.
NIMBY Strikes Again? Read More
The Louisiana floods of 2016 devastated Baton Rouge, and left many without homes. It also left more questions than answers in the response from the Federal Emergency Management Agency (FEMA). And now, one member of Congress is demanding answers, including why 84-year-old Baton Rouge resident Everett Wilson died in his
Congress Demands Answers from FEMA Read More
