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.
Resident Owned Communities USA (ROC USA) tells MHProNews that their latest study shows that rents in their communities remain equal to or below market rate after five years. Every five years, ROC USA hires an independent third-party appraiser to analyze monthly rents in ROCs and compare them to similar commercially […]
Study Shows Rents Remain Equal to or Below Market Rate Read More
The times are changing, and so are the demographics. Research from the National Association of Realtors (NAR) states that in 2017, more than half of all first-time homebuyers will be a millennial. The Digital Journal and hundreds of other media and special interest websites have picked up the exclusive MHLivingNews
NAR – Millennials Want Quality Affordable Homes to Buy in 2017 Read More
Bill and Mary Ann Ridenour became “empty nesters” recently, and were left with a 3,200 square foot house. As many couples do in this situation, the Ridenours decided to downsize. And they discovered the magic of manufactured housing. “When I tell people what we did they think I’m joking,” said
Manufactured Housing: More Bang for the Buck Read More
As the U.K. battles an ever-increasing housing crisis, more and more people are looking to manufactured and modular housing as a solution. Ashley Ilsen, Chief Marketing Officer and Head of Lending at development finance lender Regentsmead, tells MHProNews that supply chains, in the wake of the recent Brexit vote, have
Modular Becomes Solution for Supply Chain Slowdown 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 – Yellen: U.S. is near “maximum employment.” Banks
UFPI, UMH, Manufactured Housing CV Up, Broader Markets Mixed Read More
In Melbourne, Florida, manufactured homes are getting a whole new level of respect. From millennials. “The generation that is now attracted to manufactured homes wants all the extras and we’re giving it to them,” said Ryan Brower, general manager at Lamplighter Village. “Today’s buyers may be downsizing from a 4,000-square-foot
MH and Millennials: Finally Affordable Read More
Richard Cordray, Director of the Consumer Financial Protection Bureau (CFPB) is getting some help from Senate Democrats to save his job. As the Daily Business News reported recently, Republican Senators Mike Lee (UT) and Bob Sasse (NE) sent a letter to Vice President-elect Mike Pence and President-elect Donald Trump, urging
Dem Senators Scramble to Save CFPB’s Cordray Read More
In Sweden, even with a robust and sturdy “welfare economy,” the nation is still suffering from an intense housing shortage due to its popularity as a destination for migrants. It’s now looking to shipping containers as an option to ease the crisis. And with imports from places like China to Europe much
Faced With Housing Shortage, Nation Turns to Unused Containers Read More
Residents of a Weslaco, Texas manufactured home and RV community are dealing with code violation notices from city officials. According to KRGV, Hidalgo County health officials have flagged more than half of the homes and RVs at the Weslaco Trailer Park property in the last week. They said violators are making
Residents Try to Keep Up With Repairs, Code Violations 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 – Trump to sit with Bill O’Reilly for
Deer Valley, Skyline Hit Hard, Manufactured Housing CV, Broader Markets Down Read More
Clayton Homes, one of the nation’s largest builders of manufactured housing and a subsidiary of Warren Buffett’s Berkshire Hathaway (BRK/A), tells MHProNews that they have launched a new division of the company that will deliver homes from home building facilities to retail home centers. Clayton Home Transport will be a part
Clayton Homes Announces New Division Read More
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
