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.
Louisiana-Pacific Corporation (NYSE: LPX) reported results for the fourth quarter and year ending December 31, 2016 today. Total net sales for the fourth quarter totaled $550 million, 19 percent higher than the same quarter one year ago. Total net sales for the year were $2.2 billion, 18 percent higher than […]
Louisiana-Pacific Corp. Reports Q4 Earnings Read More
Noteworthy headlines on CNNMoney – Intel touts $7B factory investment in Trump meeting. U.S. stocks’ rate streak: 81 days without a 1 percent dive. Netflix wants to get into the toy business. Is Sears toast? Retailer’s stock hits all-time low. Some bullets from Fox Business – Dr. Alveda King: Sen.
LPX, LCI, Manufactured Housing CV Rise, Broader Markets Mixed Read More
The U.K. based Swan Housing Association is set to open its new 75,000 square foot factory in the borough of Basildon, about 32 miles east of London. According to Inside Housing UK, the new facility is part of a larger plan by Swan to invest £100M ($124M USD) into regenerating
Housing Association Opens Modular Factory Read More
A major blow was delivered to those who were working to defend the Consumer Financial Protection Bureau (CFPB) last week, when a federal appeals court denied their motions. According to Pay Before, the same three-judge panel of the U.S. Court of Appeals for the D.C. Circuit that determined the CFPB
Decisions in CFPB Appeal Read More
For the residents of Ba Mar Manufactured Home Community in Stony Point, New York, Superstorm Sandy is still fresh in their minds from the damage it inflicted in 2012. On January 26th, residents packed Stony Point Center to learn about what options would be available to them through the Governor’s
MHC Residents Hear Proposal for Superstorm Sandy Relief Read More
Silverpoint Homes, a West Virginia-based company that specializes in the sale and construction of modular houses, is the new owner of the former Nationwide Homes of the Triad in Whitsett, North Carolina. According to Triad Business Journal, this is the second location for Silverpoint Homes in the state, with the
Modular Builder Acquires Retailer, Misconceptions Corrected Read More
Noteworthy headlines on CNNMoney – U.S. airlines want Trump to take on Gulf rivals. U.S. autoworkers score record bonuses. Debate Night: Sanders vs. Cruz on CNN. GM sells 10M cars for first time thanks to China. Some bullets from Fox Business – U.S. Senate moves Jeff Sessions toward confirmation as
Cavco Soars, Manufactured Housing CV, Broader Markets Rebound Read More
In Boston, Massachusetts, as with many other cities around the world, housing demand is off the charts. According to Progrss, the case in Boston has compelled the city, along with the Mayor’s Housing Innovation Lab, Livelight and BSA Space to commission the design of a modular micro house called the
Do You Uhü? New Modular Design Tackles Housing Challenges Read More
In Bismarck, North Dakota, affordable housing is of vital importance. And, according to the Bismarck Tribune, a group of manufactured home community owners are petitioning the city commission for the creation of a task force to keep manufactured home community living affordable. “These homes represent the most affordable unsubsidized
MHC Community Owners Seek Code Changes Read More
For residents of the East End Mobile Home Park in Manassas, Virginia, hopes for an extension on an order to vacate are hanging in the balance. In a story that the Daily Business News has followed from the beginning, and through resident requests for a lifeline, Manassas city officials have
Residents Hope for More Time to Vacate MHC Read More
A visit to a manufactured home community in Chapmanville, West Virginia, by the Logan County Health Department quickly turned into a crisis. Community landlord George Evans told residents of the Caroline Estates Mobile Home Park on January 29th that they needed to be out of the community by January 31st
Bad Actor? MHC Residents Given 48 Hours Notice to Vacate Read More
Noteworthy headlines on CNNMoney – More than 111 million people watched Super Bowl LI. Trump gives America’s “poorest white town” hope. Why investors are very afraid of Marine Le Pen. Qatar Airways sets record for world’s longest flight. Some bullets from Fox Business – Trump talks immigration, NATO at MacDill
Tricon, Sun Up, Manufactured Housing CV, Broader Markets Down Read More
Washington, D.C., February 6, 2017 – The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews that, per official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), year-over-year manufactured housing industry production increased substantially again during December 2016. These just-released statistics indicate that HUD
HUD Code Manufactured Home Production Continues Growth, December Report Read More
For manufactured home community residents in Dover Point, New Hampshire, Christmas came early. According to Co-Operative News, those residents created the Dover Point Cooperative, elected a board, and engaged the Resident Owned Communities team (ROC) at the New Hampshire Community Loan Fund (NHCLF) to guide them through the $3.125 million
MHC Residents Triumph With Co-Op and Purchase 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. Manufactured, modular and prefabricated home professionals know that how a home got to its location should not define a person or their dwelling. What the Daily Business News spotlights
“I think one of the challenges we have as an industry is that there is not enough positive news about manufactured housing to counter the negative.” – Darren Krolewski, Executive Vice President MHVillage/DataComp, in response to blog post by Manufactured Home Community sector maverick, Frank Rolfe. “As for Frank, he takes
Frank Rolfe Blasts MHI for Poor Media Engagement, Industry Reactions Read More
The second full week of the Trump Administration came to an end on Friday, and brought with it the first jobs report under the new commander in chief. U.S. employers added the most workers in four months, while wage growth slowed slightly more than projected. According to CNSNews, the report
Jobs Report at the Start of the Trump Economy Read More
Noteworthy headlines on CNNMoney – U.S. economy adds 227,000 jobs in January. Paris shooting: New scare for French tourism. Britain tells Europe: Pay your fair share into NATO. Apple is set to start making iPhones in India. Some bullets from Fox Business – Lockheed, Pentagon announce $8.5 Billion F-35 order.
Skyline, LPX Soar, Manufactured Housing CV, Broader Markets Spike Read More
A busy day for President Donald Trump, as he signed orders to implement additional sanctions on Iran, met with his CEO executive council and signed an Executive Order that is significant to the manufactured housing industry. According to the Daily Mail, the Executive Order to be signed by President Trump
Trump Signs Executive Order, Dodd-Frank Roll Back to Begin Read More
Washington, D.C., – The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews that regulatory orders issued by the new Administration of President Donald J. Trump should have a direct impact on manufactured homes regulated by the U.S. Department of Housing and Urban Development (HUD), but face defiance, particularly at HUD,
MHARR: President Trump’s Regulatory Orders to Directly Impact MH Read More
