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.
Noteworthy headlines on CNNMoney – Trump stock rally shows no sign of slowing. Google moves closer to self-driving cars. Cuisinart recalls 8 million food processors. Ammo imports booming to keep up with gun sales. Some bullets from MarketWatch – Dow closes in on 20,000 as S&P 500, Nasdaq hit all-time […]
Although an article in The Advocate from Oct. 16, 2016 states Federal Emergency Management Agency (FEMA) manufactured housing units (MHUs) targeted to survivors of flooding in August in Louisiana cost around $100,000 to build, transport and install, a current article in the same publication states FEMA is paying $129,200 for
The Costly Crawl of Bureaucracy: FEMA at its Finest? Read More
Spur, Texas. Portland, Oregon. Fresno, California. All of these cities have jumped on board with the “tiny house” movement as a solution to the housing crunch. It looks like San Luis Obispo, California may become the next to join them. According to the San Luis Obispo Tribune, a local nonprofit,
New Mayor, Local Nonprofit, See Solution to Housing Crunch in Tiny Homes Read More
Noteworthy headlines on CNNMoney – Trump calls fighter jet costs “out of control.” Bill Gates will lead new $1 billion clean energy fund. Wells Fargo scandal spreads to Prudential Insurance. JCPenney, Kohl’s, Macy’s and Sears sued over misleading prices. Some bullets from MarketWatch – Viacom stops exploring potential deal with
Skyline and MHCV slides, Broader Markets Mixed, Dow Notches Another Record Close Read More
Hundreds in Washington D.C. braved cold temperatures overnight with hopes of being considered for affordable housing being made available. According to WUSA 9, the first 200 people in line were accepted inside to begin their applications. If approved, they would be put on a waiting list for affordable housing at
Hundreds Wait in Line for Affordable Housing, Solution Remains in Plain Sight Read More
UMH Properties (NYSE: UMH) is seeing significant growth in Nashville, Tennessee and hopes to shed the “trailer park” perception around manufactured housing. Could positive publicity also be fueling a rise in stock prices for the Freehold, New Jersey based company? With the sharp rise in demand for housing, UMH wants
UMH Draws Publicity, Stock Price Spikes…Coincidence? Read More
Tens of billions of dollars are at stake. That translates to millions of dollars that are routinely being spent in each of the local markets that manufactured housing industry companies and communities serve. Manufactured home professionals are aware of the ongoing issues that the industry faces. Many of them are
Billions Involved in Mainstream Media and Public Officials Engagement Read More
A resident of a manufactured home community in Bradenton, Florida who was helping clean out a neighbor’s home Saturday morning was greeted with a nasty surprise – a grenade strapped to a package with a highly flammable substance. According to a news release, the resident of the manufactured home at
Dangerous Surprise Found by Neighbor Cleaning Out Manufactured Home Read More
As December rolls on, a new set of featured articles are found on the MHProNews.com home page. Our theme for this month is: DAAD = Dramatic! Advent! Adventure! December 2016! To see the line-up of over 3-dozen featured articles for this month, along with the headline commentary, please click the link
The Department of Housing and Urban Development (HUD) has been front and center over the last two weeks, as rumors swirled as to whether or not Dr. Ben Carson would take the role as HUD Secretary. The Daily Business News has reported on a variety of viewpoints and reactions from
Not unlike the U.S., the United Kingdom is the midst of a housing crisis, due in part to rising housing costs and lack of skilled construction workers. Willerby Innovations believes they have the answer. The firm is touting their sustainable modular home, known as the “urban bungalow,” as completely constructed
“Flat-Pack” Modular Homes Proposed to Help Solve Housing Crisis Read More
Noteworthy headlines on CNNMoney – U.S. stocks have best week since election, Dow and S&P 500 each gain 3% this week. Trump & Boeing: It’s all about China. 21st Century Fox buys Sky for $23 billion. Coca-Cola CEO stepping down. India’s cash crisis is ”a mammoth tragedy.” Some bullets from
Kodasema, an Estonia-based construction firm, wants your prefab home to be set and ready to go in record time. “The furnished house will come in three different models: ‘Koda for Living,’ ‘Koda for Studying,’ and ‘Koda for Working,’” said Taavi Jakobson, co-founder of Kodasema. “They will function as homes, classrooms, and offices
KODA – the 7-Hour Assembly Prefab Read More
Equity Lifestyle Properties, Inc. (NYSE:ELS) saw Australia-based investment firm Revolution Capital Ltd. reduce its stake in the company by 5.84 percent in Q3. With the reduction, Revolution Capital still holds a sizable 1.01 million-share stake in ELS valued at $77.7 million. ELS has a current market cap of $6 billion,
MH Communities Giant Equity LifeStyle Properties Investors, Stock Moves Read More
The Stuttgart, Arkansas City Council voted to table Ordinance 1943 during a December 6th meeting. While the feeling is that more clarity is needed, the stakes could be incredibly high. The Stuttgart Daily Leader reports that the proposed ordinance, recommended by the Stuttgart Planning Commission, would amend the code to
City Council Tables Manufactured Home Ordinance, Industry Pro Speaks Out Read More
Noteworthy headlines on CNNMoney – Trump taps fast food CEO as Labor secretary. Former senator, astronaut John Glenn dies at 95. Sears and Kmart store closings and losses mount. NBC to shut down Breaking News service. Some bullets from MarketWatch – Oil climbs as traders brace for OPEC’s meeting with
Manufactured Housing CV Up Again, Skyline, Broader Markets Continue 2016 Record Pace Read More
“Since the Dodd-Frank Wall Street Reform Act was enacted six years ago, members of Congress have attacked the law, including the Consumer Financial Protection Bureau (CFPB), tirelessly” states a letter from CFED sent this morning (see attachment download, near the end of this post, below). “…the next Congress and Administration
CFED, Others Decry Possible Fate of the CFPB: What Will Trump Do? Read More
Killam Properties Inc. (TSE:KMP.UN) received a re-issue rating from TD Securities of “buy” in a research note published on December 1st. The firm currently has a C$15.00 price target on the stock. Other analysts have also issued reports recently: BMO Capital Markets increased their target price on the company from
Killam Receives Updated Rating from Analysts Read More
The Manufactured Housing Association for Regulatory Reform (MHARR) has released its December 2016 Washington Update, an exclusive report and analysis that addresses key issues with the U.S. Department of Housing and Urban Development (HUD). Covered in this MHARR report: MHARR’s planned focus on incoming Trump Administration Carson nominated to be
MHARR on Trump, Dr. Carson for HUD, Finance, Exclusive Report and Analysis Read More
Gregg Taylor, the Alberta, Canada based owner of GHT Contracting constructed the home of his dreams. And the county he is in told him he had to get rid of it, or face a fine. “Although I’ve been a contractor for my entire adult life, I’ve never built a house
Contractor in Fight Over Tiny Home Read More
