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.
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
The Dow Jones Industrials and the Nasdaq logged record closes. Various stocks closed at record heights, which MarketWatch tells the Daily Business News was triggered by a rise in oil prices. The extended gains of U.S. stocks also saw parallels in the rise in Treasury yields, and many MH stocks
Skyline Up, Manufactured Housing CompValue (MHCV) Mirrors Dow Read More
YES! Communities, one of the largest owners of manufactured home communities in the nation with 178 communities in 17 states containing over 44,600 residential home sites, has announced it has sold 71 percent equity interest in its combined businesses to two global institutional investors, according to prnewswire. One of them
Manufactured Home Community Owner YES! Redistributes Assets Read More
Affordable housing is defined as housing and utility payments falling under 30 percent of monthly household income. Colorado’s Durango County Planning Commissioners see manufactured homes as being a good fit for that important need, the Pine River Times tells MHProNews. Challenges in their market include the rising costs of conventional
Commissioner sees Manufactured Homes and Communities as Affordable Housing Solution Read More
The Humboldt County Board of Supervisors in northern, coastal Calif. will consider a state-mandated proposed ordinance that requires manufactured home community owners in unincorporated areas to give residents nine months notice if they are repurposing the property which will require the residents to move. The county must adopt the ordinance
Ordinance Mandates Community Owners Give Nine Months Notice Before Closing Read More
What’s New in public focused Manufactured HomeLivingNews.com Comparing Tiny Houses vs Manufactured Homes – Function and Value vs. Fashion What’s New in Manufactured Housing Industry Professional News Children of home owners more likely to own homes. Trump tells NAHB he identifies with them. Residents of closing community continue trying to
Sunday Morning Recap-Manufactured Housing Industry News Aug 7-Aug.14, 2016 Read More
A study by Trulia, based on 40 years of data from the University of Michigan’s Panel Study Income Dynamics, reveals that children who grew up in a home owned by their parents were almost three times as likely to own a home as adults, according to housingwire. A 40-year-old with
Living in an Owned Home Young Begets Living in an Owned Home Later Read More
Saying that “housing equals jobs,” Republican presidential nominee Donald Trump, playing to members of the National Association of Home Builders (NAHB), said that he would cut regulations, lower taxes and create jobs if he is elected, as the 900 small business owners responded with resounding applause at the Fontainebleau Miami
Trump’s Speech Plays to National Association of Home Builders Read More
MarketWatch informed MHProNews that the Dow industrials hit an intraday record of 18,638.14. U.S. stocks post modest weekly gains, while Nasdaq hits record. Jump in oil prices causes U.S. stocks to climb to all time highs – assisted by lower jobless claim figures. The Dow and S&P 500 closed the
Boston already has 150 microunit apartments—housing units under 450 square feet– with 200 more on the way, but according to bostonherald, a new 385 sq ft module designed collaboratively by the city’s Housing and Innovation Lab, the Boston Society of Architects (BSA) and developer Livelight could play a huge role
Modular Apartments may Alleviate Boston’s Housing Crunch Read More
Updating an MHProNews post from July 15, 2016, regarding the development of a new manufactured home community (MHC) in Calcasieu County, Louisiana, neighbors gathered Thurs. night, Aug. 11 who are opposed to the project. The Calcasieu Parish Police Jury Planning and Zoning Committee meeting Tue., Aug. 16 will discuss changing
Developers Pare Down Size of New MH Community; Neighbors Still Unsure Read More
All three major stock indexes close at records for first time since 1999, as MarketWatch revealed to MHProNews. Treasury yields jump the most in a week, as stocks hit new records. HSBC advises investors to look where companies make their revenue. Reports reveals that certain REIT stocks are suffering from fear
Cavco Industries biggest gainer as Manufactured Housing CV climbs Read More
MHProNews has learned that MHRE Manufactured Housing Group arranged the sale of 278-home site Heartland Estates manufactured home community (MHC) in Haines City, Fla. to Murex Properties of Fort Lauderdale, a nationwide owner and manager of MHCs. The 55+restricted community boasts a 5,000 sq ft clubhouse with a veranda overlooking the
Florida’s Heartland Estates changes Hands Read More
Phoenix, Arizona based Cavco Industries, Inc. (NASDAQ:CVCO) released key figures and financial highlights for the first fiscal quarter, which ended July 2, 2016. Cavco management followed their August 09, 2016 release of SEC reported filings with a conference call to discuss the results in further detail. Key points released by
