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.
In the news from CNNMoney: When Congressmen demonstrated for gun control legislation on House floor, congressional leadership turned off C-SPAN cameras. Donald Trump says the whole economy is “rigged”. Rio gets huge Brazil bailout weeks before the Olympics. Ultrasonic dryer can dry your clothes in half the time. Eleven million […]
MHCV Closes up Just Under 1400; Dow, NASDAQ and S&P all Edge Down Read More
Following concerns expressed by manufactured home community (MHC) residents in Arcata, California regarding rising site rents, the Arcata City Council directed the Community Development Department to take a demographic survey of MHC residents as well as the history of rents. As times-standard tells MHProNews, Community Development Department specialist Mohamad Alnakhlawi
Arcata, CA Residents Concerned about Rents in MH Community Read More
Updating a story MHProNews last posted Aug. 28, 2015 regarding the closing of the Life O’ Riley manufactured home community (MHC) in Lansing, Michigan in 2014 after it was condemned, and subsequent forced removal of the residents because of unsanitary conditions, the MHC faced a deadline of June 18, 2016
Condemned Michigan MH Community Misses Deadline, Faces Demolition Read More
The head of the Consumer Financial Protection Bureau (CFPB) is now the target of television ads that allege Dir. Richard Cordray is going to run for governor of Ohio, and that the CFPB is seeking to limit arbitration clauses, which is seen as beneficial to plaintiff attorneys. MHProNews has learned
CFPB Director Richard Cordray Targeted in Ads Read More
Milwaukee’s most successful and oldest independent non-profit, Milwaukee Christian Center Neighborhood Improvement Project (MCC-NIP), the developer of 41 houses over the last decade that have been sold to low to moderate income homeowners, is building a modular four-bedroom, three-bath home. Funded by the Department of Housing and Urban Development (HUD),
Non-profit Building Modular Home in Milwaukee for Low-income Family Read More
In the news from CNNMoney: America’s upper middle class is thriving. Boeing deal will send 100 new jetliners to Iran. California faces summer blackout risk amid gas shortage. Voters trust Tumrp over Clinton on economy. Moody’s says Trump’s plan would cost 3.5 million jobs. Walmart buys stake in Chinese online
Skyline Gains +3.54%; Nobility Falls -3.57% Read More
A subsidiary of Universal Forest Products, Inc. (NASDAQ:UFPI) is acquiring Idaho Western, Inc., a Nampa, ID distributor of products for the manufactured home (MH) and recreational vehicle (RV) industries as well as for building materials retailers. UFPI’s Caldwell, ID facility, which also supplies wood and wood products to the MH
UFPI Acquires Distributor of Wood Products for MH Read More
An amendment sponsored by Rep. Chuck Fleischmann (R-Tenn) and passed by the House Appropriations Committee is designed to strengthen access to safe, affordable and available financing for manufactured homes while preserving important consumer protections, according to what the Manufactured Housing Institute (MHI) tells MHProNews. Passed by a bipartisan vote of
Appropriations Bill Amendment will Provide Access to MH Financing Read More
According to the 2016 U. S. Housing Forum report from Fitch Ratings, the housing market’s current upswing should last for two more years, as reported by nationalmortgagenews to MHProNews. Using single-family starts as a proxy for overall housing metrics, and calculating that single-family starts have risen in five of the
Housing Market has more Room for Expansion: Fitch Ratings Read More
MHProNews has learned from prnewswire that Elkhart-Indiana-based Patrick Industries, Inc. (NASDAQ:PATK) has completed the acquisition of Mishawaka Sheet Metal, LLC (MSM), also based in Elkhart for approximately $14 million. With revenues in 2015 of $28 million, MSM produces and distributes an array of aluminum and steel products for the recreational
Patrick Acquires Mishawaka Sheet Metal Read More
In the news from CNNMoney: Dow rallies as Brexit fears ease. NBA finals game 7 biggest in 18 years. India opens its door to Apple stores. The next president will likely face a recession. Resilient U. S. oil companies start pumping again. The latest benefits trend survey from the Society
Patrick Advances +3.02%; Dow Gains 129 Points Read More
In response to the Department of Energy’s proposed rules on energy standards for manufactured housing in the Federal Register, the Manufactured Housing Institute (MHI) says it worked closely with the DOE to try and avoid excessive costs to consumers that will outweigh benefits. The DOE based their recommendations on the
MHI and MHARR Respond Differently to DOE’s Proposed Energy Standards Read More
When first-grade teacher Deirdre Brackett of Sanford, New Hampshire retires she will move into a 196 sq. ft. tiny home she contracted with Sanford Regional Technical School in Sanford, Maine for the students to build the modular home, as journaltribune tells MHProNews. An average hotel room is 325 sq. ft.
Modular Tiny Home, 196 sq. ft., has All the Amenities Read More
While the Arizona Office of Manufactured Housing (MH) enforces the state’s manufactured home landlord-tenant act, it does not apply to rental homes. The city of Tucson does take care of MH rentals, having responded to about 20 calls this year regarding insufficient cooling, requiring owners to fix the problems, according
Manufactured Home Rentals in Arizona could be Troubling Read More
What’s New in public focused Manufactured HomeLivingNews.com 40th birthday of Manufactured Housing, End of Mobile Home era A Breakfast with…Mary McBrady, Massachusetts Manufactured Housing Association (MMHA) St. Petersburg, FL – Misjudging Mobile Homes – Tale of Two Cities What’s New in Manufactured Housing Industry Professional News HUD Code celebrates 40
Sunday Morning Recap-Manufactured Housing Industry News June 12-June 19, 2016 Read More
MHProNews has learned from logandaily that the Hocking County, Ohio second half 2015 real estate tax and 2016 manufactured home tax statements have been mailed. Hocking County Treasurer Diane Sargent says her office will continue to accept applications for the treasurer’s pre-payment escrow plan until June 30 for real estate
Manufactured Home Taxes due Aug. 1 Read More
Drew Industries, Inc. (NYSE:DW) stock has risen 38.04% since November 9, 2015, outperforming the S&P 500 by 38.39%. as franklinindependent informs MHProNews. SG Capital Management decreased stake in Drew by 33.53 percent based upon filing with SEC. Ken Grossman’s hedge fund held 215,042 shares of Drew at the end of
Drew Drawing some Investing News Read More
A manufactured home has been sited in Stuttgart, Arkansas in an area zoned residential R-2, which does not allow manufactured homes (MH), creating a conundrum for the Stuttgart City Council. At an April 19 meeting Code Enforcement Officer Gary Norris said the home was modular and meets the city building
Manufactured Home Sited Illegally in Arkansas Read More
In the news from CNNMoney: Uber giving free rides this week to LGBTQ centers this weekend. Columbia sheds cocaine Capital of the world image. Oil by rail shipments up 1,500% since 2010. Shares of cereal maker Kellogg are up five percent. HSBC pays $1.6 billion to end 14-year legal battle.
Deer Valley Spikes 16.67%, Nobility Gains 5.26% Read More
A bill that passed in the New York State Senate, sponsored by Sen. Betty Little (R-Queensberry), would fund a home replacement program for qualifying state residents who have older, dilapidated mobile and manufactured homes, and own the property. The replacement units would be new, affordable energy-efficient units, according to adirondackdailyenterprise,
Measure would Replace Dilapidated Manufactured Homes in NY Read More
