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 addition to working towards a solution to quality, affordable housing options for the U.S., the manufactured housing industry also has heart. In Delaware, members of the First State Manufactured Housing Association donated generously to help make the 2016 holiday season more joyful. According to the Cape Gazette, over $3,000 […]
Manufactured Housing Association Delivers Christmas for Communities Read More
Noteworthy headlines on CNNMoney – U.S. inequality keeps getting uglier. Elizabeth Warren watchdog under siege. Economy is stronger than we thought. Trump picks press secretary, communications director. Some bullets from MarketWatch – Five ways Trump will give Americans more opportunities. Icahn: If you’re going to have a trade war with
Skyline, Sun Communities Up, Down Day Manufactured Housing CV, Broader Markets Slip Again Read More
Toronto, Canada based Tricon Capital Group Inc. (TCN.TO), recently announced that its Tricon Lifestyle Communities (“TLC”) investment vertical has acquired a portfolio of three manufactured housing communities in California comprising a total of 421 residential pads for $30.4 million. Tricon Capital tells the Daily Business News that two of the
Inside Look – Tricon Capital’s Recent Manufactured Home Community Moves Read More
In a story that periodically topped the Daily Business News headlines, the Fort McMurray wildfires in Alberta, Canada, forced the evacuation of 90,000 residents and destroyed ten percent of the city. In addition to the challenges presented by the fire itself, another concern was around the oil pipelines and production.
Retrospect – Top Story Canadian Story, 2016 – Wildfires and Factory-Built Homes Read More
As President-elect Donald Trump moves closer to inauguration day, he is narrowing the list of candidates to fill critical roles at the Department of Housing and Urban Development (HUD) and Federal Housing Administration (FHA). Per National Mortgage News, sources familiar with the situation say that the Trump team is considering
President-Elect Trump Narrows Choices for Key Housing Positions Read More
UMH Properties, Inc. (NYSE: UMH) has been busy in the week leading up to the Christmas holiday. UMH announced on December 19th that it has closed on its $4.33 million acquisition of a community in Ohio. The all-age community contains 124 developed homesites situated on approximately 121 acres with and occupancy
UMH Properties Makes More Moves, Promotion Announced Read More
Noteworthy headlines on CNNMoney – U.S. manufacturing job openings at 2007 levels. Hyundai fires its U.S. CEO. Trump forms new trade council to stop “exodus of jobs.” Twitter executive exodus put pressure on Dorsey. Some bullets from MarketWatch – Fake day trading firm alleged to have pocketed $1.4 million. Ray
For residents of the Kayadeross Acres Manufactured Home Cooperative in Ballston Spa, New York, Christmas came early this year. New York State Homes and Community Renewal (HCR), ROC USA and PathStone announced that thanks to a $3.4 million loan, homeowners in the 33-acre community were able to purchase the land
NYS Homes and Community Renewal, ROC USA and Pathstone Deliver Christmas Cheer Read More
As the year draws to a close, the Consumer Finance Protection Bureau (CFPB) is taking action, and is also facing scrutiny. According to Mortgage Daily News, The CFPB has entered into a consent order with Moneytree to settle allegations that the company engaged in deceptive advertising, sent consumers deceptive collection letters,
CFPB Takes Action, Faces Additional Scrutiny Read More
In a press release and video, Richard Perkin expresses what he calls his dream. That dream is for a happier, more exciting, and more “conscious way of life” with no environmental impact. It sounds great, because he says he is quitting his full time engineering job, and then sold his
NoHA Engineer Claims Revolutionary Home Concept, But Key Details Are Missing Read More
The combination of strong winds, lack of water and a wheel bearing sparked blaze led to the loss of half of a manufactured home in Pilot Point, Texas on December 17th. Per the Herald Democrat, firefighters from nearby Tioga, Gunter, Collinsville and North Shore helped Pilot Point crews to fight
Wheel Bearing Blaze Chars Manufactured Home on Roadway Read More
Noteworthy headlines on CNNMoney – Berlin Christmas market attack: ISIS claims responsibility. Russian “methbot” fraud steals $180M in ads. Orlando victims sue Facebook, Google, Twitter. GM cutting 1,300 jobs at only plant inside Detroit. Some bullets from MarketWatch – The next target for the S&P 500 is 2,350. More signs
Skyline, Patrick Lead Manufactured Housing CV, Dow Closing in on 20,000 Read More
An O’Fallon, Illinois “mobile home” resident took a cold matter into their own hands. It didn’t end well. A resident’s effort to warm frozen pipes under his home resulted in a fire and smoke damage on December 18th. Per the Belleville News-Democrat, the home’s resident told officials that he was
Blowtorching A ‘Mobile Home?’ Bad Idea, Says Official Read More
Drew Industries Incorporated (NYSE: DW) has announced that its Board of Directors has approved changing the Company’s corporate name to “LCI Industries.” Through its wholly owned subsidiary Lippert Components, Inc. (LCI) and its subsidiaries, Drew Industries supplies a broad array of components for the leading OEMs of recreational vehicles (RVs)
Drew Industries Announces Big Change for Dec 30th, 2016 Read More
MHProNews and MHLivingNews Publisher L.A. “Tony” Kovach has penned an open letter to newly appointed Department of Housing and Urban Development (HUD) Secretary, Dr. Ben Carson. “Let me begin by congratulating you and President-elect Donald J. Trump. By way of introduction, like you, my truly better half and I publicly supported Mr.
The affordable housing crisis in the U.K. has presented challenges and opportunities. Two companies are making a significant move to solve those challenges and into the U.K. market. Beijing, China based China National Building Material Company (CNBM), an industrial company and Barcelona, Spain based Barcelona Housing Systems are joining forces
Chinese, Spanish Power Players Plan Prefab Factories Read More
Noteworthy headlines on CNNMoney – Trump’s big cabinet surprise. Minimum wage going up in 21 states, 22 cities. IMF head Christine Lagarde guilty of negligence. Half of U.S. workers aren’t using all their vacation days. Some bullets from MarketWatch – Treasury yields see largest daily drop since August as Russian
AMG lone slider – Sky, UMH Lead Manufactured Housing CV, Broader Markets up too Read More
While thoughts about the “ideal customer” for a prefab modular home may bring visions of sustainability and environmentally conscious young customers, Maura McCarthy of Blu Homes is seeing another segment of the population that’s helping to drive sales. Aging baby boomers. “These people are just beginning to retire,” McCarthy said
Prefab Making Dreams Come True – In a Hurry Read More
The Manufactured Housing Institute (MHI) has released a report, “Quick Facts Trends and Information About the Manufactured Housing Industry ” which includes key data and shows growth for the industry. The report cites that manufactured housing provides a practical, viable and affordable housing solution for residents across a wide range of
Manufactured Housing Industry Statistics and Fast Facts Reports 2007-2015 Read More
Rep. Mark Meadows (R-NC), the newly appointed chair of the House Freedom Caucus, presented President-elect Donald Trump with a special report entitled “First 100 Days: Rules, Regulations and Executive Orders to Examine, Revoke and Issue,” during a meeting on December 15th. Per the popular conservative news site Breitbart, with more than
Trump’s First 100 Days: House Freedom Caucus Plans, Some Could Impact Factory Builders Read More
