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.
As labor activists promote the Fight for Fifteen, the push for a $15 an hour minimum wage would lead to the loss of nine million jobs as businesses scurry to find where to implement labor-saving technology, says , James Sherk in a Heritage Foundation brief as reported to hotair. Including […]
$15 Hour Minimum Wage would Cost Nine Million Jobs Nationally Read More
Construction of a new manufactured home retailer location has begun in Leitchfield, Kentucky with the expectation of opening in 60 days if the weather holds. Exit 107 Homes is at exit 107 on the Wendell Ford Western Kentucky Parkway in the west central part of the state. Lauri and Jimmy
New Manufactured Home Retailer Opening in Kentucky Read More
MHProNews has learned from constuctiondive that the median size of new U. S. single-family homes fell nearly three percent from Q1 2016 to Q2 2016, slipping from 2,465 sq ft to 2,392 sq ft. On a one-year moving average, however, median home size has actually risen 16 percent, according to
Inventory of Entry-level Homes may finally be Rising Read More
The National Low Income Housing Coalition (NLIHC) issued its 2016 annual report, and the picture painted mirrors that of other studies that indicate a growing affordable housing crisis in the United States. According to the report, of the nearly 43.2 million renter households in the U.S. in 2014; 10.4 million
NLIHC’s Affordable Housing GAP Analysis 2016, Manufactured/Modular Housing Read More
The Sicamous District Council in southeastern British Columbia, Canada, has voted to allow manufactured homes (MH) in a single-family residential zoned area, as eaglevalleynews informs MHProNews. Concerns of neighbors that their property would be devalued by these MH that do not require a foundation or crawl space failed to convince
Canadian City Allows Manufactured Homes in Area Zoned Single-family Residential Read More
In insider trading at Patrick Industries, Inc. (NASDAQ:PATK), Capital Partners L. P. Tontine, Director sold $1,781,470 worth of company shares at an average price of $61.43 on August 12th, and now holds $75,647,298 of stock per an SEC filing on Aug. 16, according to fidaily. Director Walter E. Wells owns
Insiders Busy Trading Patrick Industries as it Joins S&P SmallCap 600 Read More
The Federal Emergency Management Agency (FEMA) will begin determining how it may address the thousands of people who have been flooded out of their homes, according to theadvocate. With 20 parishes having been included in the federal disaster declaration, 40,000 homes have been damaged in the rising tide of floodwaters
FEMA’s Manufactured Home Units Likely Heading to Louisiana Read More
Stocks close slightly higher as the Fed rate-hike debate rages on. Patrick Industries (PATK:US) defies MHCV slip to post the biggest manufactured housing gainer. Chart watchers say the dollar is on the verge of unraveling. California fire drives 82,000 from their homes, MarketWatch informed MHProNews. Daily Business News Market Tracker: The Dow
Patrick Industries Biggest Gainer amidst Manufactured Housing CompValue slip Read More
The Danielsville (GA) City Council voted to place a moratorium on any new or used manufactured homes (MH) moving into the city for the next 180 days. City Clerk Susan Payne said any existing manufactured homes and permits previously issued for the siting of an MH would not be affected.
Northern Georgia Town Votes Moratorium on New Manufactured Home Sitings Read More
Following a story MHProNews last posted Aug. 12, 2016 regarding an application for development of a 680-site manufactured home community, the Calcasieu (LA) Parish Police Jury Planning and Zoning Board voted 10-0 to deny the request to rezone the 215 acres from agricultural to manufactured home community (MHC). The full
Calcasieu Parish Planning Committee Nixes MH Community Development Read More
MarketWatch looked at key proposals on taxes set forth by the Democratic and Republican Presidential candidates. The economic outlooks and tax premises on which they are built highlight the stark contrast between the two hopefuls. Their analysis of the tax proposals, shared with the Daily Business News, sheds light on
Clinton v Trump – Presidential Nominees and their Tax, Economic Strategies Read More
While June home sales in California hit nearly a four-year high, they dropped sharply in July from June, according to housingwire, due to low inventories and decreasing affordability reports the California Association of Realtors (CAR). Sales of existing single-family detached homes in June hit a seasonally adjusted annual rate (SAAR)
Home Sales Take a Tumble in California Read More
The San Jose (Calif.) City Council is considering siting 102 tiny modular homes for the homeless in an area designated for affordable housing, much to the consternation of businesses and neighbors who fear a rise in criminal activity and blight in an already struggling neighborhood. However, city housing officials expect
San Jose CA set to Vote on Modular Homes for the Homeless Read More
The rate of housing starts in July rose to its highest level in six months, plus 2.1 percent overall to a seasonally adjusted annual rate (SAAR) of 1.21 million from 1.19 million in June, according to numbers from the Commerce Department reported by usnews. The bulk of the gain came
Home Construction Continues its Slow but Steady Incline Read More
REITs beat the S&P 500 and could return up to 13% in the next year, MarketWatch informed MHProNews. Housing starts rise to second-highest rate since recession. Meanwhile the Fed’s Dudley says September rate hike ‘is possible’ as the CPI remained unchanged in July. Daily results place stocks at a lower
REITs beat S&P 500 with Promising Forecast for the Year Read More
California-based Investment Property Group Inc. (IPG) has presented new leases to residents of Meadow View Estates manufactured home community (MHC) in Medford, Oregon, according to mailtribune, as well as to residents in other MHCs it owns. Some of the residents are elderly and living on Social Security, and are concerned
Residents of Oregon Manufactured Home Community Consider Long-term Leases Read More
What for years people have been calling “mobile homes,” have since June 15, 1976 been in fact manufactured homes (MH), made to stringent Department of Housing and Urban Development guidelines, and constructed with amenities often found in more upscale homes: whirlpool tubs, modern kitchens with corian countertops, vaulted ceilings, walk-in closets
Manufactured Homes can be as Modern as Traditional Houses, says Realtor on FoxNews Read More
MHProNews has learned from etfdailynews which exchange-traded funds (ETFs) would thrive under a Hillary Clinton presidency and which would starve, according to Barron‘s. Winners would include hospitals and managed-care facilities because of her intention to expand the Affordable Care Act (ACA), which could prod iShares Dow Jones US Health Care
Stock Exchange Winners and Losers under a Clinton Presidency Read More
MHProNews has learned from thedallasnewera in Dallas, Georgia that four high school students who live in the Logan’s Crossing Manufactured Home Community (MHC) each received a $250 scholarship for maintaining a ‘B’ average in the 2015-2016 school year. The scholarships are given each year by the owners of the Logan
Logan’s Crossing Manufactured Home Community Announces Annual Scholarships Read More
Decatur Pilot, a nonprofit subsidiary of the Decatur (Illinois) Housing Authority, is developing eight modular homes at a cost of $2 million near the Oakwood business district which will revitalize that neighborhood. It will also provide low income housing for families who qualify, those earning $35,000 to $75,000 annually, according
Eight Modular Homes for Low-income Families Rising in Illinois Read More
