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.
North of the border, in Mayerthorpe, Alberta, Canada, in what appears to be another case of NIMBY (Not-In-My-Back-Yard), a housing developer is not pleased about a planned manufactured home community. According to the Mayerthorpe Freelancer, local housing developer Tim Rosadiuk criticized Mayerthorpe’s new manufactured housing subdivision and said there is a lack […]
Local Developer Says MH Community Hurts Property Value Read More
Noteworthy headlines on CNNMoney – Auto CEOs: Trump is good for the industry. Trump on Dow 20k: “Now we have to go up, up, up.” Chinese giant buys MoneyGram. Warrant issued for fallen Brazilian billionaire. Some bullets from Fox Business – President Trump: Our infrastructure is in serious trouble. Alibaba’s
Nobility, Carlyle, Dow Up, Manufactured Housing CV Dips Read More
The publisher of The Journal of Manufactured and Modular Housing, Jim Visser, was honored at the 2017 Louisville Manufactured Housing Show with the framed ‘thank you’ document, shown in the photo at the left. Visser announced in late November 2016 that he will no longer be publishing the Journal after
Jim Visser Honored, the Journal of Manufactured Housing now History Read More
Rough weather in the central valley of California caused a major gas service outage for residents at the Morehead Park community in Tracy on Monday. Per the Tracy Press, a storm caused a 60-foot-high tree to fall, dragging a gas main line out of the ground with the roots. For
Storms, High Winds Leave 100 MH Homes Without Heat Read More
Aaron Homes informs MHProNews that long-time Manufactured Housing Association of Maine member and former Aaron Homes President Edward J. Wall of Lisbon, Maine passed away January 15th at age 75 after a lingering illness. In addition to his 47 years at Aaron Homes, Wall also owned and operated Worumbo Estates, later adding Worumbo
Passages: Edward J. Wall Read More
Continuing today, the Daily Business News manufactured housing industry connected market report on MHProNews will add and tweak some features, in an ongoing effort to provide ever more useful and balanced information to readers. “We Provide, You Decide.” © Noteworthy headlines on CNNMoney – Boom: Dow hits 20,000 for first time
Dow Hits 20k Mark, Cavco, LCI, Manufactured Housing CV Up, New Records for S&P, NASDAQ Read More
Mortgages are a complicated thing. Between bad loan quotes, potentially having to commit in advance of information verification, and “Lock Abuse,” which is a lock price that is above the lender’s posted price at the time of commitment, the home loan market is prime for a change. Jack Guttentag, also
A Solution for the Dysfunctional Home Loan Market? Read More
In a case that dates back to 2014, Williams County, North Dakota officials have re-instituted a $1.2 million fine against Western Petroleum LLC and its parent company, Pilot Thomas Logistics. According to the Williston Herald, the fine is a result of failing to pay fees and comply with zoning regulations
County Levies Stiff Fine in Dakota, as Trump Primes XL Pipeline Read More
A company in China claims to have taken 3D printed homes to a whole new level. According to Inhabitat, Beijing-based HuaShang Tengda printed a two-story villa that checks in at 4,305 square feet. And they say it’s durable enough to withstand an earthquake measuring 8.0 on the Richter scale. “[This technology] will have immeasurable
3D Printed Home Can Withstand Magnitude 8 Earthquake Read More
Data from the National Association of Realtors (NAR) shows that home sales continued their growth in December, as more buyers reached the market before the end of the year. The delayed closings resulting from the rollout of the “Know Before You Owe” initiative pushed a portion of November’s would-be transactions
U.S. Existing Homes Sales Rise in December, MH Industry Response Read More
Continuing today, the Daily Business News manufactured housing industry connected market report on MHProNews will add and tweak some features, in an ongoing effort to provide ever more useful and balanced information to readers. “We Provide, You Decide.” © Noteworthy headlines on CNNMoney – Will the U.S. and Canada leave Mexico
Deer Valley, Skyline Up, Manufactured Housing CV, Broader Markets Spike Read More
The Senate Banking, Housing and Urban Affairs Committee has unanimously approved Dr. Ben Carson for Secretary of Housing and Urban Development (HUD.) His nomination now heads to the full Senate for a vote. Manufactured housing also took center stage, as the Manufactured Housing Institute (MHI) tells MHProNews that Senator Dean
Carson Approved by Senate Committee, Provides View on MH Read More
Rochester, New York-based Security Mortgage Group, a national award-winning MH Community lending broker, has provided $80,032,500 in financing for several manufactured home communities throughout the nation over the last few months. Managing Director, Gerard D. DiMarco, Jr., secured financing for several MHC portfolios, including a repeat client’s portfolio of Midwest
Security Mortgage Group Finances 80,032,500 for Several Communities Read More
A German designer is the latest to turn to prefab and modular to solve the nation’s housing crisis. Architect and builder Werner Sobek of Aktivhaus has a new project underway in the town of Winnenden that looks to solve the problem of housing a lot of refugees in a hurry.
Another Country Turns to Prefab to Solve Housing Crisis Read More
News of a theft in Purcell, Oklahoma, indicate arrest warrants are outstanding for a man and woman charged in McClain County District Court with knowingly concealing stolen property. Tana S. Lang, 41, and Michael G. Slay, 43, are accused of stealing appliances from a model home on the Mid-State Manufactured Housing
Continuing today, the Daily Business News manufactured housing industry connected market report on MHProNews will add and tweak some features, in an ongoing effort to provide ever more useful and balanced information to readers. “We Provide, You Decide.” © Noteworthy headlines on CNNMoney – Trump has resigned from over 400 businesses.
Huge Days for UFPI, UHM, Manufactured Housing CV, Broader Markets Down Read More
Throughout the 2016 presidential campaign, Donald Trump was very clear on one thing he wanted to change – regulations. President Trump talked about the Obama-era financial regulations, including Dodd-Frank, as “bad for business” and responsible for the nation’s slow growing economy. For many, the President’s anti-regulatory stance is a
Trump’s Regulation Cuts Could Have Major Impact on MH Read More
As President Donald Trump enters his first full week of office, his cabinet picks remain the front and center topics of discussion. But, there’s one well-known mogul who sees them as the right choices. “I overwhelmingly support President-elect Donald Trump’s choices for cabinet positions,” said Berkshire Hathaway CEO Warren Buffett.
Buffett Supports Trump Picks, Soros Has Other Ideas Read More
The southern U.S. was severely affected this weekend, as tornadoes and storms destroyed homes, injured dozens and killed 16. According to the Chicago Tribune, a tornado blew through a manufactured home community in rural Cook County in southern Georgia causing damage and killing seven people. “The tornado leveled the park
Tornadoes, Severe Weather Ravage South, Misconceptions Abound Read More
While tiny homes may be all the rage in popular culture, local governments and regulations have made things tough in Washington State. “It hasn’t been easy to start a tiny house manufacturing business. There is a stigma against tiny houses from many local governments,” said Darin Tusler. He helped start
Tough Times for Tiny Home Builders Read More
