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.
For the ninth consecutive quarter, builder confidence in the single family 55+ senior housing market has remained in positive territory, reports the National Association of Home Builders (NAHB) to MHProNews. “Builders and developers for the 55+ housing sector continue to report steady demand,” said Jim Chapman, chairman of NAHB’s 55+ […]
Senior Single-family Market Remains on the Upside Read More
Both the Democratic and Republican campaigns this year are devoting considerable energy to housing, the cornerstone of the “American Dream,” but both have different approaches to the topic, as dispatch tells MHProNews. Platforms serve more as rallying cries than actual policy initiative, and typically, the Republicans will call for less
Housing Platforms: Dems say Up the Ante; GOP says Shut Federal Spigot, Throttle Regulators Read More
MHProNews was privy to the August 5th conference call conducted by UMH Properties, Inc. Participants included corporate management, members from UMH’s Board, as well as analysts, advisors and investors familiar with the community and retail segments of the MH Industry. Nelli Madden, Director of Investor Relations hosted the call, as key
The First State Manufactured Housing Association (FSMHA) in Delaware has chosen three finalists to receive the $3,000 in scholarship funds they donate each year to students who live in manufactured homes, according to what delawareonline tells MHProNews. Eric Nielsen, a 2016 graduate of Milford Senior High School, will major in
Three Delaware Residents of Manufactured Homes Receive Scholarships Read More
Each first Friday of the month the Labor Department’s Bureau of Labor Statistics issues its jobs report for the previous month—commonly called the U-3 number–an abundance of employment-related data, each of which has a story about the employment scene. While the official unemployment rate held steady at 4.9 percent—called the
MarketWatch informs MHProNews that the Fed’s job-market index has the first gain of year in July. Consumer spending and income expectations rise. Wal-Mart announces $3.3 billion acquisition of Jet.com. Dow tripped downward, as did the S&P 500 and the NASDAQ. The Dow Jones Industrial Average receded -0.08 percent with a loss of -14.24
Skyline 4Q Leaps Skyward, MH Composite Index rallies despite Dow’s slide Read More
Connecticut Property Management LLC has applied with the Belfast, Maine Planning Board to expand the Penobscot Mobile Home Park in Belfast by adding 34 home sites to the existing 21, according to waldo.villagesoup. The city ordinance requires new lots to be a minimum of 6,500 sq ft with at least
Maine Manufactured Home Community Plans to Expand Read More
Noting that housing is the number one issue for civic leaders and house seekers in communities around the mouth of the Columbia River, dailyastorian informs MHProNews as the real estate market is regaining strength, consideration should be given to establishing new manufactured home communities (MHC) as a means of providing
Media in North Coastal Oregon Advocates Manufactured Homes Read More
What’s New in public focused Manufactured HomeLivingNews.com Loans – Financing – Mortgages for Manufactured, Modular and Mobile Homes What’s New in Manufactured Housing Industry Professional News Sale of Minn. MHC challenged by Attorney General. Section 8 vouchers can now but MH. Hall of Fame inducts Class of 2016. NC MH
Sunday Morning Recap-Manufactured Housing Industry News Aug 1-Aug. 7, 2016 Read More
Changes to Edmonton, Alberta, Canada’s by-laws have led to a mini-boom in modular container homes, called laneway housing locally, small homes added to property that may already contain a regular size family home. Honomobo co-founder Daniel Engelman, who has teamed up with Devon Siebenga, president of BigSteelBox Structures in Kelowna,
Modular Container Homes Rising in Edmonton, Alberta Read More
Updating a story MHProNews last posted July 5, 2016 regarding attempts by residents of the Lowry Grove manufactured home community (MHC) in north Minneapolis to forestall the sale of their community because the owner did not offer them first right of refusal before selling it to a developer, the Minnesota
Minn. Attorney General Files Brief to Halt Sale of Community to Developer Read More
In a gala ceremony before 300 friends, family and colleagues, the Class of 2016 was inducted into the RV/MH Hall of Fame (Hall) Aug. 1, at the Hall in Elkhart, Indiana. Prior to the induction ceremonies, Hall President Darryl Searer said after four years, with support from individuals and companies,
Class of 2016 Inducted into RV/MH Hall of Fame Read More
In the news from CNNMoney: Seniors are getting locked out of Social Security. Subway has a new ‘fresh’ logo. American Airlines agrees to double-digit pay raises. Nazi leader Nermann Göring’s gold plated Walther PPK handgun up for auction. U. S. economy hired 255,000 new workers in July, it’s second straight
Dow Comes Back Strong; MHCV Outgained the Dow, +1.79 percent Read More
Following up on the recent Senate passage of a bill that passed in the House in February – The Housing Opportunity through Modernization Act (HOTMA), posted on MHLivingNews and picked up hundreds of mainstream media outlets and advocacy sites – President Obama signed that bill it into law, as expected. The bill willl allow
Bill to Use Section 8 Vouchers to Buy Manufactured Home Signed by President Obama Read More
The Hendersonville (North Carolina) City Council approved a special use permit and four variances to redevelop the Whiteside’s Green Acre Mobile Home Park into the Claystone Manufactured Home Park, an age-restricted 55 and older community with 31 home sites, front porches and carports. Whiteside currently has 31 sites but only
Redevelopment of MH Community in North Carolina Approved Read More
MHProNews has learned from rebusinessonline that Farmington Hills, Mich-based RHP Properties has acquired two manufactured home communities (MHC) in East Hartford, Conn. Both the 263-home site Rivermead Manufactured Home Community and the 199-home site Colonial Manufactured Home Community are all age communities but with a focus on seniors. RHP now
RHP Acquires two MHCs in Connecticut Read More
Elkhart, Indiana-based Drew Industries, Inc. reported consolidated net sales for the second quarter of 2016 increased to $441 million, 22 percent higher than the same period in 2015. “Our operating profit in the second quarter of 2016 improved to more than $59 million, compared to nearly $34 million in the
Drew Reports Net Sales 22% Above Last Year’s Comparable Quarter Read More
A modular apartment building with 11 single bedroom apartments for Ute Mountain Indian tribal members will result from an $871,000 grant to Colorado’s Department of Local Affairs (DOLA) Division of Housing, as cortezjournal informs MHProNews. The apartment units in Towaoc will specifically target homeless, those at risk of becoming homeless
Modular, Manufactured Homes Coming to Ute Mountain Indians Read More
In the news from CNNMoney: Cheap oil has eradicated almost 200,000 jobs. GE CEO says all new hires will learn to code. Wendy’s credit card hack hit 1,000 restaurants. Pokemon Go leads teen to dead body. Nigeria is pumping millions into space program. Virtual reality wedding preserves it forever. SeaWorld
Skyline Advances +5.02%; Drew Industries Close behind at +4.88% Read More
The Manufactured Housing Association for Regulatory Reform (MHARR) informs MHProNews that HUD Code production of manufactured homes in June 2016 rose 20.4 percent over June of 2015, 6,062 last year compared to 7,299 for June 2016. According to official statistics released by the Dept. of Housing and Urban Development (HUD),
Production of HUD Code Homes up 20 Percent Read More
