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 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
Is there a correlation between the recent “day without immigrants” and the building of fewer new homes? According to CBS News, it’s an open secret that many unauthorized immigrants work in the construction industry, and while they represented a five percent share of the U.S. civilian labor force in 2014, they
Fewer New Homes – Opportunity for Manufactured Housing? Read More
An upcoming presentation in Sandyston, New Jersey, takes a fun and interesting look at the impact that Sears Roebuck had on prefabricated or “kit-homes” as they were called at the time. The popular homes also, in part, inspired the Chevy Chase neighborhood just outside of Washington, D.C. “The houses that
The Prefab House That Sears Built? Read More
The innovations in 3D printed homes continue at a break-neck pace. Beijing-based HuaShang Tengda, which printed a two-story villa that can reportedly withstand a magnitude eight earthquake, and PassivDom, a Ukrainian startup, has now come up with a stand-alone, energy-efficient 3D printed house, ideal for off-the-grid living. And now, a
A 3D Home in Record Time? What the Future Holds Read More
It appears that the industry giant has formed a new partnership. For tiny homes. According to the Times Free Press, Clayton Homes is teaming up with Mountain Brook, Alabama-based Jeffrey Dungan Architects for “The Low Country,” a line of tiny homes with a unique spin. “When we started working on
What is Clayton Homes Up to With Partnership? Read More
Noteworthy headlines on – CNNMoney – What the Fed rate hike means for homebuyers. Trump might ease fuel economy rules. 700 laid-off GM workers will get their jobs back. German prosecutors raid Volkswagen and Audi HQs. Some bullets from Fox Business – Wall Street higher as Fed raises rates. Oil
UFPI Rises, Manufactured Housing CV, Broader Markets Rebound Read More
