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.
A scenario for a manufactured home community posed to the court of appeals in Saskatchewan, Canada provided an interesting answer. If you own a manufactured home but rent the land on which it sits, are you legally a renter? According to the court, you are. Per the Regina Leader Post, […]
A Victory? Residents Ruled to Be Renters Read More
At a recent Ronda, North Carolina Board of Commissioners meeting, guest speakers had a lot to say, dominating the entire first half hour. According to the Elkin Tribune, the issues were around Ronda’s Mobile Home Resolution and Shady Hill Mobile Home Park. David Yelverton and Shannon Neal, potential purchasers of
Residents Concerned about MHC Regulations Read More
All U. S. stock markets are closed today in observance of President’s Day, which is celebrated the third Monday of February each year, paying tribute to our first president, George Washington. Abraham Lincoln was born in February, and thus the holiday honors him as well. Among the top ten quotes
Stock Markets Closed Today Read More
In the northern California city of Arcata, the City Council voted last week to approve a draft ordinance on rent control for manufactured home communities. According to the Times-Standard, the draft ordinance is based of Humboldt County‘s Measure V, which was approved by voters in November. The Daily Business News
Council Decision On Rent Control Ordinance Read More
A new month means new-featured articles 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 above. Manufactured, modular and prefabricated home
In the latest report from the National Association of Home Builders (NAHB), homebuilder confidence was down in February, after the November elections boosted the index to an 11-year high. According to MarketWatch, the index fell 2 points to 65 in February, which puts it “solidly above” the 2016 average of
NAHB Home Builder Confidence Report Released Read More
In Utah, the relationship between manufactured home community owners and residents has been a long-standing, and well known battle. But recently, what some on both sides are calling “a miracle” has taken place. According to the Salt Lake Tribune, those who support resident and community owner rights have joined forces
Community Owners, Residents, Agree on Bill Read More
Noteworthy headlines on – CNNMoney – How Boeing got on Trump’s good side. Here comes the next wave of the U.S. oil boom. Ouch. Fund loses $600 million betting against Trump rally. Ben & Jerry’s & Cheese? Kraft Heinz eyes Unilever. Some bullets from Fox Business – Trump, Yellen nor
UMH Up, Manufactured Housing CV Down, Broader Markets Rise Read More
In Vancouver, the city has unveiled its latest tool in the effort to end homelessness and increase affordable housing options: modular housing. According to The Tyee, Vancouver Mayor Gregor Robertson, federal minister Jean-Yves Duclos, and Vancouver Affordable Housing Association’s interim CEO Luke Harrison officially opened 220 Terminal Avenue this week,
New Modular Housing Project Unveiled Read More
For most homeowners, the belief is that it’s all about location, location, location. Now, a community preference survey from the National Association of Realtors (NAR) shows that, along with access, is indeed the case. According to the Lansing State Journal, the survey shows that most homebuyers say their ideal community
Homeowner Survey: Location Matters Read More
Almost one month into the Donald Trump administration, things continue to look up. According to the National Federal of Independent Business (NFIB) survey, small business confidence, which saw the largest month-over-month increase in the survey’s history in December, has now reached its highest point in more than a decade.
Small Business Optimism Index: January Results Read More
In the town of View Royal, British Columbia, the potential sale of a community, and developer plans, have residents wondering about their next move. According to the Gold Stream Gazette, Eric Gieringer and his family have owned Thetis Lake Campground for the last 41 years. On January 12th, Gieringer sent
MHC Residents Face Uncertain Future Read More
Noteworthy headlines on – CNNMoney – Trump voter: Since NAFTA, I’ve lost 70% of my workers. GM’s talks to dump European unit sparks backlash. State retirement plans could be over before they start. Trump rally is one of the best for a new POTUS. Some bullets from Fox Business –
LPX, LCI, Manufactured Housing CV Up, Broader Markets Mixed Read More
With the Dow, NASDAQ, S&P 500 and the Russell 2000 Index all on record winning streaks, many are trying to figure out just how all of this is happening. President Donald Trump believes that he has the answer. “Stock market hits new high with longest winning streak in decades,” Trump
No End in Sight? Trump Cheers Stock Market Streak Read More
Killam Apartment REIT (TSX: KMP.UN) has reported its financial results for the fourth quarter and year ended December 31, 2016. Killam generated funds from of operations (FFO) per unit of $0.21 in Q4 2016, a 5.0 percent increase over Q4 2015. Similar to the results for the year, growth was
Killam Properties Reports Q4, 2016 Earnings Read More
In Midway City, California, American Family Housing and GrowthPoint Structures have come to the rescue to help house the area’s homeless veterans. Potter’s Lane, which consists of 16 studio-apartment units refurbished from cargo containers, is said to be the first example in the nation of a multi-unit permanent housing complex
Modular Construction Helps to House Veterans Read More
News/Analysis. The Duty to Serve (DTS) is widely seen as important for the future of manufactured housing financing by sellers, and for refinancing with personal property loans made more widely available for manufactured home consumers. The DTS issue is not without controversy, as commentary by M. Mark Weiss of MHARR
Senator Ted Cruz (R-TX) and Rep. John Ratcliffe (R-TX) put forth legislation on Tuesday to abolish the Consumer Financial Protection Bureau (CFPB). “This legislation would give Congress the opportunity to free consumers and small businesses from the CFPB’s regulatory blockades and financial activism, which stunt economic growth,” said Cruz. The
Proposed Death Blows to CFPB Put Forward Read More
Noteworthy headlines on – CNNMoney – Puzder withdraws as a labor secretary nominee. Trump: H&R Block will be unhappy with tax plan. Obamacare is in a “death spiral,” says Aetna CEO. What Warren Buffett bought and sold last quarter. Some bullets from Fox Business – Trump steals Janet Yellen’s thunder.
UFPI, Manufactured Housing CV Soar, Broader Markets On Record Streak Read More
Vesta Modular and Housing Solutions Inc., a portfolio company of Birmingham-based Simon Group Holdings, has purchased Salt Lake City-based M Space Holdings LLC out of bankruptcy for $15.3 million. In a story the Daily Business News originally covered last year, M Space filed for bankruptcy in May 2016, blaming the
Modular Company Purchased Out of Bankruptcy Read More
