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.
According to the Morning Consult Poll, buying a home remains a top priority for an overwhelming majority of Americans, according to what thehill tells MHProNews. Further, the National Association of Home Builders (NAHB) reports 82 percent of respondents feel owning a home is still a good investment. “The survey shows […]
Desire for Home Ownership Remains Strong Read More
MHProNews has learned from businesstimes.sg that construction company BBR Holdings has secured a S$57.6 million ($77.9M USD) contract to supply four blocks of modular housing along Upper Aljunied Road in Singapore. The company detailed this after trading ended Tuesday in a filing to the Singapore Exchange. Through its wholly owned
Singapore Building Four Blocks of Modular Housing Read More
In the news from CNNMoney: Ford waves a caution flag on American car sales. Chipotle will now make burgers. Chicago TV news anchor quits to drive Lyft full time. One third of Monaco’s residents are millionaires. Whole Foods struggles to get back on its feet. Argentina is the next hot
NorthStar Tops MH-related Gainers; UFPI Slips -0.99 Percent Read More
The glitz and glamor that attach to an ownership interest in businesses such as hotels, a race track or a small chain of upscale restaurants suddenly tarnishes for some when the investment being considered is manufactured home communities (MHCs). While many think of them as “mobile home parks,” or in
While Negative Perceptions of MH Persist, the Industry Grows says Seeking Alpha Read More
The National Association of Realtors (NAR) informs MHProNews June’s Pending Home Sales Index rose slightly from May, and now is at 111, its 26th consecutive month of reading above 100, the baseline used from 2001 when the index began. Any number above 100 means that homes are going to contract
Pending Home Sales Index Inches Up in June Read More
The owners of a manufactured home community in Allegheny County, Pennsylvania have been sued by the state attorney general for engaging in unlawful and deceptive business practices. According to akvnews, the civil lawsuit alleges violations of the Manufactured Home Community Rights Act, and the Unfair Trade Practices and Consumer Protection
Pennsylvania MH Community Owner Sued for not Paying Relocation Costs Read More
Six Amish-built tiny homes, each 96 square feet, have arrived in Muncie, Indiana to house the homeless, according to what thestarpress tells MHProNews. “It’s going to let us reach a population that no one has been able to serve yet,” said Susie Kemp, director of the non-profit Bridges Community Services.
Tiny Homes Arrive in Muncie, IN to House Homeless Read More
The Sterling, Colorado City Council will hold public hearings on conditional use applications for two lots on which the owners want to site manufactured homes that will be rental properties, as journal-advocate informs MHProNews. Lillian and Ed Buck, appearing at at a Sterling Planning Commission meeting earlier this month, and
Planning Commission Approves Siting of Two Manufactured Homes Read More
In the news from CNNMoney: Owner of ClintonCaine.com wants $90,000. Federal Reserve not set to raise interest rates this summer. Alabama is so broke it may begin a state lottery. Top paid CEOs not very competent, while complaining about wages paid to employees. U. S. is cracking down on anonymous
Patrick Industries Moves Up; Nobility and Carlyle fell the Most Read More
The Belfast, Maine Planning Board will consider the expansion of Penobscot Mobile Home Park from 20 homes sites to 34, as waldo.villagesoup informs MHProNews. The new owner of one year, Connecticut Property Management LLC, has 21 acres, including a large wetlands area, and intends to use part of the property
Maine Manufactured Home Community Expanding Read More
With the unemployment rate at 4.9 percent, benchmark 30-year fixed rate mortgage rates at 3.45 percent, down from 4.04 percent a year ago, 287,000 new hires in June, a 6.4 percent increase in new home sales year to date, and 1.6 percent growth May to June, one might think the
Site-built Home Sales Looking Good. Can it Continue? Read More
MHProNews has received word from Goshen, Indian that The Commodore Corporation (TCC) has acquired the assets of Canadian American Homes of Dorchester, Wisconsin, and will begin production of HUD Code and modular homes under the MidCountry Homes brand. Now in its 65th year serving 32 states, TCC is a family-owned
Commodore Corporation Acquires Canadian American Homes of Wis. Read More
In a letter to the editor of Corpus Christi’s Caller Times, Nick Milam reinforces Andy Taubman’s previous suggestion that the city site manufactured homes on the numerous vacant lots they have seized for back taxes, and give them or sell them to public housing clients. Residents of the Hillcrest community
Resident: Site Manufactured Homes on Vacant lots for Hillcrest Neighbors Read More
In the news from CNNMoney: Democrats draw 26 million viewers on opening night, beating Republicans. Hackers send 83 % of stolen U. S. money to China and Hong Kong. Rep. Alan Grayson (D-FL) has hated exchange with reporter. You can use beer, coffee and hemp for 3D printing. JetBlue eyeing
MHCV Nudges Up as Dow Edges Down Read More
The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews the manufactured housing division at HUD waited beyond the last minute allowed to call for an Aug. 9 conference call of the Manufactured Housing Consensus Committee (MHCC) to discuss the Department of Energy’s (DOE) proposed rules. The Federal Advisory Committee
MHARR Continues Tirade over HUD/MHI/DOE Collusion Read More
A pilot project that will repurpose shipping containers into modular homes for First Nations reservations in Alberta, Canada has begun with a ground-breaking ceremony 55 miles southwest of Calgary at Eden Valley. Bearspaw First Nation Chief Darcy Dixon and council members Rex Daniels and Larry Daniels were joined by representatives
First Nation People in Canada getting Modular Container Homes Read More
MHProNews has learned hedge fund Geode Capital Management LLC upped its stake in shares of Sun Communities, Inc. (NYSE:SUI) by 7.2 percent in Q1 2016, as reported to the Securities and Exchange Commission, according to cerbatgem. After buying an additional 31,936 shares during the first period, Geode now owns 473,079
Sun Communities Draws Hedge Fund Investors Read More
According to nationalmortgagenews, Chicago-based retail originator Guaranteed Rate has been offering 1% down mortgages through a new nationwide program. Called Double Match, the additional two percent is available through a down payment assistance program, and is completely forgivable for qualified borrowers. MHProNews understands the plan is applicable to condos, town
One Percent Down Could Put You in a Home Read More
In the news from CNNMoney: British retail magnate Sir Philip Green may lose knighthood for collapse of BHS store, resulting in $750 million loss from pension funds. Women talk abut sex more than money. Some CEOs complain higher wages are hurting corporate profits. Typical wage now is $828/wk, according to
Dow Jones Slips; MH-related Stocks Similarly Quiet Read More
A Tularosa, New Mexico man and recent cancer survivor who works as a caregiver for individuals with special needs will receive a new manufactured home compliments of a partnership between White Sands Habitat for Humanity and Holloman Air Force Base’s Big Give program. White Sands Habitat for Humanity Executive Director
Habitat Teams with Air Base to Replace Special Needs Caregiver’s Manufactured Home Read More
