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 another case of NIMBY (Not-In-My-Back-Yard), a South Carolina County Council is asking for more clarity. The Aiken County Council has sent a proposed rezoning back to the planning commission to review alternate zoning of some or all of the area. According to the Aiken Standard, last month the County Council […]
Proposal to Keep Manufactured Housing Out Sent Back to Planning Commission Read More
President-elect Donald Trump has put forward a number of aggressive initiatives to spur or grow the U.S. economy. On the subject of taxes, questions about the ramifications from changes abound. And, the opportunities for the manufactured housing industry come clearly into focus. According to National Mortgage News, proposed corporate tax
Proposed Trump Tax Reform, Does it Change Affordable Housing Finance? Read More
3D Virtual tours have become a next-generation standard in digital real estate marketing. So much so, that millions of conventional house, condo or townhouse buyers have come to expect them. “Considering the fact that new and ‘existing’ (pre-owned) site-built houses out-sell manufactured homes by millions of units annually,” said veteran
Sunshine Homes to Unveil Next Gen Tech for Home Shoppers at 2017 Louisville Show Read More
As “baby boomers” eye retirement in large numbers, builders believe that they could jumpstart an affordable housing boom. Per FOX Business, a report by the Harvard Joint Center for Housing finds that by 2035, more than one in five people in the U.S. will be aged 65 and older and one in
Harvard Study, Baby Boomers to Spark Affordable Housing Boom Read More
Canada based real estate investment trust Killam Properties Inc. (TSE:KMP.UN) received a number of recommendations from ratings firms recently, with an average recommendation of “buy.” According to Community Financial News, Canaccord Genuity decreased their price target on Killam Properties from C$14.00 to C$13.50 on January 5th. Scotiabank reaffirmed its “sector
Killam Receives Recommendations From Ratings Firms Read More
Things are heating up in Arkansas between the manufactured housing industry and Governor Asa Hutchinson’s office. According to KATV, the issue stems from a proposal that is designed to stop military retirement benefit pay from being taxed. Proponents of the proposal say that it would bring more military to live
Manufactured Housing Industry Speaks Out Against Tax Levy Read More
In observance of the birthday of civil rights leader Dr. Martin Luther King, Jr., all markets will be closed on Monday, January 16th, 2017. Tension Abounds On a day where Dr. King is honored for his achievements, there is no shortage of tension leading up
Markets Closed, Martin Luther King Jr. Holiday, Tension Abounds Read More
America’s small businesses are very optimistic. Per Bloomberg, The National Federation of Independent Business’s (NFIB) index jumped 7.4 points last month to 105.8, the highest since the end of 2004, from 98.4. The December numbers represent the largest rise in optimism since 1980 as expectations about the economy’s prospects improved
Small Business Optimism Index Highest in 37 Years Read More
With confirmation hearings underway for Dr. Ben Carson as Department of Housing and Urban Development (HUD) Secretary, the voice of opposition is speaking loud and clear. “Although you have many accomplishments in the medical field, there is relatively little in the public record that reveals how you would further HUD’s
Former HUD Secretaries Endorse Ben Carson for Post Read More
A new year, a new month, and a new set of featured articles are found on the MHProNews.com home page. Our theme for this month is: Jiu Jitsu January in Manufactured Homeland, USA. To see the line-up of over 3-dozen featured articles for this month, along with the headline commentary,
Assurant, Inc. (NYSE: AIZ), a global provider of risk management solutions has announced that it paid $125 million in cash for Green Tree Insurance Agency, with potential earn outs of up to $25 million, based on future performance. Assurant is acquiring Green Tree from a wholly owned subsidiary of Walter
GreenTree Acquisition Announced Read More
Continuing today, the Daily Business News manufactured housing industry connected market report on MHProNews will continue with tweaks on features, in an ongoing effort to provide ever-more useful and balanced information to readers. “We Provide, You Decide.” © Noteworthy headlines on CNNMoney – Wells Fargo is closing over 400 bank branches.
Deer Valley’s Big Day, Manufactured Housing Comp Gains, Broader Markets End Week Mixed Read More
In a major move at Patrick Industries, Inc. (NASDAQ:PATK), CEO Todd Cleveland sold 10,000 shares of stock on January 6th. At an average price of $80.16, the total value of the transaction was $801,600.00, per Sports Perspectives. Post-sale, Cleveland now owns 344,998 shares in the company, valued at approximately $27.6 million. During
Insider Action, Earnings Results at Patrick Industries Read More
One person was hospitalized in Cedar Rapids, Iowa yesterday when a 2015 Chevrolet Cruze left the road and crashed into a manufactured home. According to the Cedar Rapids Gazette, public safety spokesman Greg Buelow said that first responders were called to the Grand View Village manufactured home community for a
Car Crashes into Occupied Manufactured Home, Latest Strange yet True Stories Read More
When it comes to “California Dreaming,” most thoughts instantly go to sunshine, the beach, Hollywood and mansions. Even so, it turns out the even the biggest Hollywood stars and those who are upwardly mobile see the incredible value in manufactured, prefab and modular housing. The numerous misconceptions about “trailers and
Oh Paradigm Shift: Million Dollar Manufactured Homes for Rich and Frugal Read More
Clayton Homes, a subsidiary of Warren Buffett’s Berkshire Hathaway (BRK/A) has announced its commitment to make the home buying process an outstanding experience for customers during every single step. With the release of a news infographic, They can now guide the customer through the experience of shopping for a home. The
Clayton Homes Announces New Home Buyer Tool 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 – Fiat Chrysler tanks 18 percent on EPA
Deer Leaps, Sun Gains, Manufactured Housing, Broader Markets Hit Read More
Revolution PreCrafted Homes, led by high-end Filipino real estate developer Robbie Antonio, has come up with a list of nine tips for potential homebuyers looking to make a purchase this year. “Not everyone is keen on investing in a new home. Some people may feel comfortable renting an apartment while
Revolution Precrafted Homes’ 9 Tips for Home Buying in 2017 Read More
The U.S. International Trade Commission (ITC) says that it has found a reasonable indication that softwood lumber products from Canada materially injured American producers. According to the CBC, the findings set the stage for the imposition of preliminary duties that softwood producers fear could impact Canadian jobs. The trade commission
Trade Commission Findings Could Have Serious Ramifications for MH, MODs Read More
A big day is coming up for UMH Properties, Inc. (UMH: NYSE). The company tells the Daily Business News that it will celebrate its 50th anniversary at the New York Stock Exchange (NYSE) on January 19th. “The Company is honored to celebrate its 50th Anniversary at the NYSE. We will be
UMH Properties Celebrates Major Milestones, Recent Growth and Announcements Read More
