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 Freeland (Penn.) Borough Council along with the Freeland Business and Development Authority voted in favor of a redevelopment project on Ridge St., which will involve demolishing three blighted properties and placing two $100,000 modular homes on the property. Town Solicitor Donald Karpowich, noting the desire to expand the tax […]
PA Town Siting Modular Homes in New Subdivision Read More
The U. S. House of Representatives passed the $21.7 billion Financial Services and General Government Appropriations Act, 239-185, in a party line vote, that would bring the Consumer Financial Protection Bureau (CFPB) under Congressional appropriations oversight. The measure would also replace the single director with a five-member bipatrisan commission, a
House Passed Appropriations Measure would Alter Funding and Leadership of CFPB Read More
In the news from CNNMoney: U. S. stocks hit new record high. Rising risks in auto loan industry—more delinquencies, falling used car values. Pokemon Go craze sends Nintendo stock soaring. Boeing to add 2,000 jobs in the U. K. Finance execs agree to recruit more women for executive jobs in
NorthStar Realty Finance Tops Leaders again, Advancing +4.97%; Deer Valley Drops -11.75% Read More
While 287,000 jobs were added to the rolls in June, jobs for qualified for available construction workers continue to go begging, according to what yahoo!news reports from Ken Simonson, chief economist at The Associated General Contractors of America, who tells FOXBusiness there are available jobs. Simonson says following the housing
Home Construction Industry Still Lacking Qualified Workers Read More
Named Retailer of the Year by the Manufactured Housing Institute for the Northeast/ Mid-Atlantic region in 2003 and 2013, Plattsburgh Housing Outlet in Plattsburgh, New York, in the northeast corner of the state, is hosting a home building seminar July 21. Topics at the seminar will include lending requirements, manufactured
Retailer Offering Free Seminar on New MH and Modular Construction Read More
What’s New in public focused Manufactured HomeLivingNews.com Educator, Builder Compare Conventional House to Residential Style Manufactured Home Living & Quality Double-Digit Manufactured Home Sales Growth, MHARR July 7 Report What’s New in Manufactured Housing Industry Professional News House defeats two amendments that would cripple proposed MH financing. Ohio county pursuing
Sunday Morning Recap-Manufactured Housing Industry News July 3-July 10, 2016 Read More
Word from baxterbulletin tells MHProNews the city council of Salesville, in north central Arkansas, is preparing to discuss an ordinance regarding the age requirement of manufactured and modular homes at their next scheduled meeting on July 11, 2016. The meeting will be held at Salesville City Hall at 7 PM.
Arkansas City to Ponder Factory-built Home Ordinance Read More
Lawrence County, Ohio on the Ohio River bordering Kentucky is collecting the second half of the year’s property taxes, according to what irontontribune tells MHProNews. Noting that collections are on track to match last year’s second half collections, Lawrence County Treasurer Stephen Burcham said there is a mortgage company to
Lawrence County Targets Delinquent Manufactured Home Taxes Read More
MHProNews has learned the American Architectural Manufacturers Association (AAMA) announces that its Manufactured Housing Fenestration Certification Program has been accredited by the American National Standards Institute (ANSI), an accreditation which confirms the AAMA certification program licensees produce the highest quality products the industry has to offer. According to Rob Luter
American National Standards Institute Approves MH Fenestration Program Read More
In the news from CNNMoney: Top 1% not as rich as they once were. Stocks respond positively to jobs report. Univision sues newly-expanded cable company Charter. The pound is worse off than Argentina’s peso. Cheap, off price gasoline band for engines. Wendy’s credit card hacker hit 1,000 restaurants. First U.
NorthStar Realty Finance Tops Leaders, Advancing +4.84%; Dow Gains 250 Points Read More
In a colossal rebound from from May when only 11,000 jobs were added to the economy, June saw 287,000 added, according to what the Labor Department tells MHProNews through CNNMoney. Unemployment rose slightly in June from 4.7 percent to 4.9 percent, in fact a good sign that more people are
Labor Dept: 287,000 Jobs Added in June Read More
The Manufactured Housing Institute (MHI) and the Indiana MH Association informs MHProNews that in the U. S. House of Representatives, two amendments to the Fiscal Year 2017 Financial Services Appropriations bill were defeated that would have stripped language from the bill that make necessary changes to the Dodd-Frank Act in
House Reaffirms Support for MH by Defeating two Potentially Crippling Amendments Read More
The Foremost Homes modular home factory near Mercersburg, Pennsylvania is at the middle of a custody dispute between the former and current owner, which modularhomebuilder says may be prompting the auction of equipment on July 13, 2016. Foremost is comprised of two factories, the modular home plant and the panel-making
Ownership of PA’s Modular Builder Foremost Homes in Court Read More
In an examination of the relationship between single-family housing starts and builder confidence as derived from the National Association of Home Builders (NAHB) monthly survey, businessinsider stated the bullishness of builders may be ill-advised, as MHProNews has learned. Even though confidence rose to the highest level in June since January,
Builder Confidence for Single-family Homes May be Stretched Read More
The city of Portland, Oregon has over 400 vacant homes on its eastside, “zombie homes”as portlandtribune calls them, some of which are nuisance-creating, others are just nuisances. Mayor Charlie Hales just returned from the conference of mayors in Indianapolis, and commentator John Schrag suggests the mayor take a page from
Opinion: Non-profits to Buy Vulnerable MH Communities to Preserve Affordable Housing Read More
In the news from CNNMoney: Mega Millions jackpot pushed to $540 million, marking the seventh largest lottery jackpot in U. S. history. Poor jobs report Friday for June could indicate the economy hit the pause button. Wall Street’s biggest players show ongoing confidence in London as the leading international financial
Nobility Homes gains +2.63 Percent, MHCV Moves Up +1.02 Percent Read More
Updating a story MHProNews last posted regarding the use of factory-built homes for the survivors of the flooding in West Virginia, Hoppy Kercheval writes in wvmetronews that the Federal Emergency Management Agency (FEMA) has been very responsive to the survivors. They have inspected about two-thirds of the properties where people
FEMA Moving Quickly to Assist W VA Flood Survivors Read More
According to what CoreLogic’s Home Price Index, home prices posted a year-over-year gain in May of 5.9 percent, and an increase over April, 2016 of 1.3 percent, above CoreLogic’s expectations of an 0.9 percent rise. CoreLogic Chief Economist Frank Nothaft said year-over-year home prices have risen by 5-6 percent for
Home Prices Gain Nearly Ten Percent Read More
MHProNews has learned from finance.yahoo that manufactured home and recreational vehicle component supplier Patrick Industries, Inc. (NASDAQ:PATK) has completed the acquisition of Vacuplast, LLC, d/b/a LS Manufacturing, Inc., producer of thermoformed plastic components, primarily for the recreational vehicle industry. Founded in 2003, the company’s 12-months trailing revenue through May 2016
Patrick Completes Acquisition of Plastics Firm LS Mfg. Read More
In the news from CNNMoney: U. S. oil boom planning a 2017 comeback. Fox news chief Ailes sued for sexual harassment. Brexit provides cheap London vacations. U. K.’s pound falls to 31-year low. World Cup tickets pass $1,000. Cheap gas blamed for high number of traffic deaths. Chipotle exec charged
Deer Valley Plummets -27.14%; Patrick Advances +3.04% Read More
