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.
“The road to hell is paved with good intentions.” – American Maxim. “Why not half-a-million [new manufactured homes sold annually]? We can get there.” – Richard “Dick” Jennison, president and CEO, Manufactured Housing Institute (MHI). “James McGee and Chet Murphree said it very well on a video, it’s […]
Weaponized, Faked News Harms Manufactured Housing Homeowners, Professionals Read More
As we wrap up the month of February, our featured articles are on the MHProNews.com home page. This month’s theme? Frank, Frustrations and Free Enterprise February in MHLand, 2017. To see the line-up of over 3-dozen featured articles for this month, along with the headline commentary, please click the link
Sun Communities, Inc. (SUI) has reported its Q4 2016 earning results. Total revenues for the quarter increased $50.4 million, or 30.0 percent, to $218.6 million compared to $168.2 million for the same period in 2015. Net loss attributable to Common Stockholders was $1.6 million, or $0.02 per diluted common share,
Sun Communities Reports Q4 2016 Earnings Read More
Elkhart, Indiana-based Skyline Corp. (NYSE: SKY) announced in an 8-K filing with the SEC last week that it plans to suspend operations at its manufactured housing facility in Mansfield, Texas. “The suspension is due to the plant being unable to profitably operate since it was converted from producing recreational vehicles
Skyline to Suspend Facility Operations Read More
Noteworthy headlines on – CNNMoney – CNN and other media barred from press briefing. New York Republicans’ alternative to “tuition-free” college. What young conservatives think of the media. Democrats fear recession, Republicans see a boom. Some bullets from Fox Business – Trump orders federal agencies to identify unnecessary regulations. Nigel
ELS, Manufactured Housing CV Up, Broader Markets Gain Read More
Sam Zell, a name familiar to the manufactured housing industry, spoke to TheStreet recently at a conference in Boca Raton, Florida, about the “staggering economic opportunity” for the U.S. under President Donald Trump. “Trump’s vow to cut government regulation could lead to one trillion of (economic) stimulus without spending anything,
Zell Speaks on Economic Opportunities Read More
In Corpus Christi, Texas, Andy Taubman has once again presented manufactured housing as an affordable solution to an ongoing challenge for the city. Taubman, former chairman of the Streets Committee, believes that using manufactured homes as infill is viable, and has proposed the solution to the city council on two
MH Presented as Solution for Affordable Housing Read More
In Japan, the “styrofoam dome” prefab home is all the rage. The Japan Dome House Co, Ltd has come up with the design, which delivers a certain level of chic, and takes up less space than conventional home. Then, there’s the price – the homes start at $30,000. There are
A Different Kind of Prefab Dome Read More
Noteworthy headlines on CNNMoney – Mnuchin: Expect tax reform by August. Trump meets with top US manufacturers. Uber investors blast company culture. What Boeing’s new 737 Max 9 has under the hood. Some bullets from Fox Business – Time Warner to sell TV station amid AT&T merger. S&P 500 edges
TCN Up, Manufactured Housing CV Down, Broader Markets Mixed Read More
The January U.S. home sales report is out and shows that sales have reached their highest level in a decade, despite limited supply and rising prices. According to The Real Deal, deals on previously owned homes, which comprise the overwhelming majority of U.S. sales, hit a seasonally adjusted annual rate
January Home Sales Report Results Read More
In Lansing, Michigan, the city has been granted permission to demolish what they consider to be a huge eyesore. Life O’ Riley Mobile Home Park was closed down in February 2014, and over 200 residents were moved from the community. According to city officials, it has been a safety concern
Shuttered MHC to be Demolished Read More
In Palm Beach County, Florida, shipping containers are getting a new lease on life in a very interesting way. The containers are being turned into what Jupiter real estate agent Rick Clegg is calling an “up cycled eco retreat,” a white, two-story house that looks like a rustic steel cabin.
Shipping Containers Given New Life Read More
As the Trump Administration prepares its first budget, a familiar name is on the chopping block. Legal Services Corporation, AmeriCorps, the National Endowments for the Arts and the Humanities, and the Corporation for Public Broadcasting (CPB), parent of National Public Radio (NPR), are all in the crosshairs for cuts. According
Trump Administration Readies Budget Cuts, Familiar Name on List Read More
In what has been a multi- year saga, the city of Tampa, Florida is suing the owner of a condemned manufactured home community for millions in code violation fees. According to SaintPetersBlog, nearly six years ago GreenPark Residences obtained a neglected 18-unit community in the city, and since then, officials
Alleged Bad Actor Faces Lawsuit, Foreclosure Read More
Noteworthy headlines on – CNNMoney – Western media accused of spreading “fake news”. Fed leaders expect next rate hike “fairly soon”. Verizon to test 5G in 11 cities. Company says employee is missing with $100M. Some bullets from Fox Business – Dow sets longest record streak since ’87 as investors
Patrick Up, Manufactured Housing CV Down, Broader Markets Mixed Read More
Wyoming, a state with one of the highest populations of people residing in manufactured homes, is working on leveling the playing field for owners. According to Wyoming Public Media, the state does not currently extend the same rights to manufactured home owners as it does for site built homeowners, but
Bill Could Improve Economic Mobility for MH Owners Read More
Former Bend, Oregon mayor and property firm president Allan Bruckner, recently penned an op-ed in The Bulletin, which makes the case for manufactured housing as a solution to the city’s affordable housing crisis. “One of the obvious and most talked about problems in Bend is our need for affordable housing.
Op-Ed Takes City to Task, Advocates for MH as Solution Read More
Washington, D.C., February 21, 2017 – The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews that it has filed written comments on a December 16, 2016 rule proposed by the U.S. Department of Housing and Urban Development (HUD) to modify minimum payments provided to State Administrative Agencies (SAA) within
In Calmar, Alberta, Canada, a plan for a manufactured home community is making some progress. According to County Market, representatives from Avillia Developments visited the Calmar council last week, in hopes of moving the town closer to approval for amendments to the Thomas Creek Area Structure Plan (ASP) and land-use
MHC Community Planned Read More
Noteworthy headlines on – CNNMoney – Wells Fargo scandal: 4 senior employees fired. Move over, Amazon: Here comes Walmart. Milo Yiannopoulos resigns from Breitbart. Whopper of a deal: Burger King owner buys Popeye’s. Some bullets from Fox Business – Chinese companies rush to trademark “Ivanka” for their businesses. Wall St
Skyline Up, Manufactured Housing CV, Broader Markets Soar Read More
