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.
Financing commercial real estate throughout the U. S., Hunt Mortgage Group, headquartered in New York City, has arranged a $5.3 million Fannie Mae loan to refinance The Trails of Oak Hills manufactured home community (MHC) in Austin, Texas, the property of Wier Hills Ltd., a Texas limited partnership backed by […]
Hunt Mortgage Provides Fannie Mae Loan for Trails of Oak Hills MHC Read More
The Kittitas County Commissioners approved a $1.45 million purchase agreement for the Shady Brook manufactured home community in April in order to expand the fairgrounds and event center, according to dailyrecordnews, reporting from central Washington state. Although there was no entry on the agenda, several people spoke suggesting ways for
Hometown Trying to Preserve Manufactured Home Community in Washington Read More
One of Western Canada’s largest modular home retailers, Jandel Homes is once again sponsoring the Hills Angels MS Bike fundraiser for Multiple Sclerosis, as they ride from LeDuc to Camroe, Alberta, Canada, just outside Edmonton which is Jandel’s home base. MS Bike has been critical to the MS Society’s fundraising
The Hill’s Angels Ride Again Read More
MHLivingNews.com will be doing a celebration feature to commemorate the 40th Anniversary of the first factory-built homes constructed to the HUD Code for Manufactured Housing. The “big 4-0” is on June 15, 1976. MHLivingNews.com already has a new video that features a ‘walk down memory lane,’ reflecting the advances from
40th Anniversary of Manufactured Housing Approaches Read More
Hillary Clinton, her win in the California primary officially making her the presumptive Democratic presidential contender learned from her mistakes in the 2008 election when Barack Obama’s team outmaneuvered her. This year her campaign manager, Robby Mook, and Marlon Marshall, director of state campaigns and political engagement, realized the strength
Clinton Clinches, Sanders Perseveres, Trump Polishes Read More
A new report by the National Association of Home Builders (NAHB) states that banks increased their lending to single-family home builders by $2.3 billion in Q1 2016, almost 18 percent higher than lending in the same period one year ago. The NAHB’s analysis of of recent Federal Deposit Insurance Corp.
Lending to Single-family Home Builders Rises in Q1 2016 Read More
The Texas Manufactured Housing Association (TMHA) informs MHProNews that it is now accepting nominations for the TMHA Board of Directors. Nominations will be accepted until June 17, 2016. For a nomination form contact caitlin@texasmha.com ## (Image credit: Texas Manufactured Housing Association) Article submitted by Matthew J Silver to Daily Business
Nominations Open for Texas MHA Board of Directors Read More
In the news from CNNMoney: U. S. Executives cut hiring plans before the election. People are keeping their old iPhones longer. Human-carrying drone will begin tests in Nevada. U. S. government data reveal 13,000 jobs have been cut at clothing and clothing accessory stores in past three months. Pink is
Dow Tops 18,000; Northstar Realty Gains +4.14 percent Read More
Arthur Tuverson, Managing Director of Pillar’s Manufactured Housing Community/RV Resort Group, has originated an $11.5 million Freddie Mac acquisition loan for Lake Villa Estates manufactured home community (MHC) in Oxford, Michigan, 45 miles north of Detroit, according to rebusinessonline. Featuring 852 homesites on 174 acres, the MHC was built in
Lake Villa Estates Sells for $11.5 Million Read More
MHProNews has learned from euroinvestor that the board of directors of real estate investment trust (REIT) Sun Communities, Inc. (NYSE:SUI) has declared a quarterly distribution of $0.65 per share of common stock for Q2 2016. The distribution is payable July 15, 2016 to shareholders of record as of June 30,2016.
Sun Communities Declares Three Quarterly Dividends Read More
In the news from CNNMoney: Cheapest summer gas in 12 years. American millionaires control 66 percent of the nation’s wealth, a greater concentration than in any other country. Saudis will soon be paying tax on soda and tobacco. The S&P has not had a dive of over one percent in
Skyline Gains +3.98 percent; AMG Slips -2.14 percent Read More
In a survey conducted by the National Association for Home Builders (NAHB), 59 percent of would-be homebuyers said $249,000 was their limit to spend on a new home, but 65 percent of the homes begun in 2015 were over that limit. According to what builderonline tells MHProNews, 31 percent set
Homebuyers Seek Lower Price on Site-built than the Offering Read More
Craig Hillis, executive director of the Manufactured Housing Communities of Washington (MHCW), says with the median price of a traditional home hitting $260,000 in the Seattle area, an increase of 11% in the last year, time should be ripe for the onset of manufactured homes to fill the void of
Affordable Housing Crisis hits Seattle, as Manufactured Homes are Said to be Waning Read More
Joe Kelly of the Iowa Manufactured Housing Association (IMHA) tells MHProNews the free seminars for community managers/owners regarding the array of laws and regulations affecting communities has drawn over 100 members in three different cities. Open to members and non-members alike, the next gathering will be Wed. June 15, 2016
Iowa MHA Leading Seminars on Community Regulations Read More
As part of Dublin, Ireland City Council’s drive to house homeless families that continue to increase in number quarterly, as MHProNews last reported March 3, 2016, work has begun preparing an open green space in Cherry Orchard for up to 24 modular homes. Rife with anti-social behavior in the past,
Modular Homes Building Underway in Ireland for Homeless Families Read More
The resident-owned Trailer Terrace manufactured home community (MHC) just outside Great Falls, Montana is set to have its water system totally redone compliments of $1 million in funds from the State Revolving Loan Fund Loan Program. The money was previously approved for the community through the South Winds Water and
Montana Resident-owned Community Getting Affordable Water System Read More
The Manufactured Housing Association for Regulatory Reform (MHARR) reports to MHProNews that statistics compiled on behalf of the Department of Housing and Urban Development (HUD) indicate that HUD Code manufacturers produced 6,689 homes in April, a 9.9 percent increase over the 6,085 homes produced in April 2015. For 2016, total
Manufactured Home Production Continues its Upward Trend Read More
In the news from CNNMoney: Oil gains two percent, nears $50/bbl. Company close to government approval for first private moon shot. Yellen moves rate hike off the table. U. S. oil exports rose from 1.2 million barrels in January to eight million barrels in March. American economy is stronger than
Dow Gains+113.27 points; Louisiana Pacific Moves up +2.51 percent Read More
For many years rural housing issues have been to the housing market what middle America has been to the east and west coasts—the flyover zone. Eighty percent of U. S. land is rural comprising just 20 percent of the population, says CoreLogic‘s Faith Schwartz, adding that rural housing is “a
New CFPB Ruling Broadens Lending in Rural Areas Read More
An appropriations bill approved by the House Financial Services and General Government Appropriations Subcommittee of the House Appropriations Committee would seriously alter the workings of the Consumer Financial Protection Bureau in two ways, a move opponents of Dodd-Frank/CFPB would welcome. Firstly, the agency would be funded through the annual Congressional
Bill would Eliminate CFPB Czar, Clarify and Funnel Funding Read More
