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.
From naplesnews, MHProNews has learned Fort Myers, Fla.-based Murex Properties won the 2016 Community of the Year award, Western Region for its Dolce Vita manufactured home community (MHC) east of Phoenix. The annual honor was bestowed upon Murex at the Manufactured Housing Institute’s National Congress and Expo for Manufactured and […]
Following a story MHProNews last posted May 5, 2016 regarding the planned closing of Lowry Grove manufactured home community (MHC) in suburban Minneapolis, theuptake reports the 96-home site community residents, mostly people of color, are attempting to raise $6 million to counter the offer of Continental Property Group (CPG)—but they
MH Community Closing, Residents trying to Stave off Displacement Read More
MHProNews has learned from globenewswire that manufactured and modular home producer Cavco Industries, Inc. will release its financials for the fourth quarter of fiscal year 2016 on Thurs., May 26, 2016, after the close of the market. On Fri., May 27, 2016, at 1 PM eastern daylight time, senior management
Cavco Industries Releasing Quarterly Numbers May 26 Read More
Four Latino families have alleged that Waples Mobile Home Community and its management company, A. J. Dwoskin & Associates in Fairfax, Virginia, violated the Fair Housing Act, the Virginia Fair Housing Law and the Manufactured Home Lot Rental Agreement. They claim the community owners refused to renew the leases of
VA MH Community Charged with Violating the Fair Housing Law Read More
In the news from CNNMoney: China’s currency is at five-year low. Five scammers arrested in IRS impersonation scheme. Jury convicts man for $17 million arms deal with Colombian terrorists, despite claims of ties to CIA. Will Congress compel Donald Trump to release his taxes. The housing market is one strong
Northstar, Skyline Advance over Four percent Read More
Good news for the spring buying season came in the form of new home sales trumpeting 16.6% in April, the best monthly rate since 2008, as sales rose to a seasonally-adjusted annual rate (SAAR) of 619,000 units, up from 531,000 in March. According to the Commerce Department, as reported to
New Home Sales Surge in April, especially in the Northeast Read More
At the 2016 National Congress & Expo for Manufactured and Modular Housing held in Las Vegas, 700 manufactured housing (MH) professionals heard a panel of industry leaders state that, with the onset of seniors downsizing, single-parent households and Millennials becoming the largest consumer group, the time is ripe for MH
MH Industry Leaders Pursue New Marketing Strategies Read More
With 8,000 to 10,000 Baby Boomers hitting the 65 mark daily, a task force from the Bipartisan Policy Center, arguing that there is a link between housing and health that will impact the well-being of the country’s senior population, is urging the federal government to spur investment in affordable housing
Shortage of Affordable Housing Could Severely Impact 40% of Boomers Read More
Noting that one third of the people in Ireland need some form of state support to buy or rent a home, Housing Minister Simon Coveney, speaking to the Housing Agency’s annual conference, said, “Affordability is the real challenge facing housing in Ireland.” Facing a deadline at the end of July
Ireland Dealing with Severe Affordable Housing Shortage Read More
Presented at the 2016 Venice Architecture Bienalle, and set to launch this summer in the Netherlands, this new self-reliant concept involves waste recycling, energy generation and food production to attain sustainable living. Based on a study from Stanford University, each village combines homes, greenhouses and public buildings, interconnecting vertical farming
Self-sustaining Community Features Vertical Gardens Read More
In the news from CNNMoney: Snapchat valued at more than $20 billion. Coke production is stopped in Venezuela because of sugar shortage. International Wastewater Systems turns sewage into useable energy. Urban millennials targeted by Whole Foods as it rolls out its 365 stores, which are smaller than its regular stores
All MH-related Stocks, except one, advance; Dow gains over 200 Points Read More
Beginning in 1956, Lawrence “Larry” Lippert sold galvanized and aluminum roofing products to the manufactured housing industry, as tradeonlytoday tells MHProNews. Now celebrating its 60h birthday, Lippert is part of Drew Industries, Inc., which has grown into a billion dollar annual business today, producing and distributing component parts to the
Lippert Celebrating 60 Years in Business Read More
As home prices rise in Miami-Dade County, Fla., sales of single-family homes, townhomes and condos have fallen for the fifth consecutive month, according to a report by the Miami Association of Realtors, says therealdeal. Townhomes and condos felt the most pinch: unit sales dropped 12.1 percent in April 2016 over
Strong Dollar Driving Down Foreign Home Buyers in Miami Read More
Dutch architect Jurrian Knijtijzer has developed a stackable and addable, modular building system for homes, offices, clinics or schools that is also 95 percent recyclable. Made of sustainable lumber from a tree farm—his company, Finch Buildings, plants a tree for every one they cut down–builds the 13 ft. X 33
“The Tesla of Housing” Claims Dutch Architect Knijtijzer Read More
The fallout continues from the bankruptcy of Innovative Building Systems, as MHProNews last reported May 7, 2016, closing Keiser Homes, leaving the developers of 82 High Street in Farmington, ME, a nonprofit affordable housing complex, to find a replacement builder. The complex’s board of directors will review proposals from three
Modular Apartment Builder Seeks Replacement for Keiser Read More
MHProNews has learned from streetinsider that Patrick Industries, Inc. has completed its acquisition of Cana Holdings, Inc., with its two facilities, one in Americus, Georgia and one in Elkhart, Indiana where Patrick is headquartered. Cana produces custom cabinetry, primarily supplying the manufactured housing industry as well as the residential, hospitality
Patrick Completes Acquisition of Cana Holdings Read More
In the news from CNNMoney: Monsanto gains 4.4 percent after Bayer’s 62 billion bid. 1,600 fake credit cards results in $13 million fraud in South Africa. General Electric hiring 2,000 in Saudi Arabia, doubling their workforce there, helping Saudi Arabia diversify. IBM has 20,000 job openings. Venezuela is running out
MHCV Edges Up, Third Avenue Value Gains +0.86%, Major Indices Slip Read More
As nationalmortgagenews informs MHProNews, new home listings fell in April 1.1 percent, says real estate brokerage Redfin, the first year-over-year loss since Aug. 2014. Noting the steepest declines were in the Northeast, Redfin says nearly two-thirds of the markets it follows had fewer listings during the month than a year
Inventory of New Homes Continues Falling Read More
Everett and Regina Saunders, the owners of the Amberlite Mobile Home Park in Bloomingburg, New York, about 80 miles northwest of New York City, have sent a letter dated March 29 to the residents that the community will be sold July 29 for $960,000 to Amberlite LLC, and the new
Manufactured Home Community in New York set to Close Read More
What’s New in public focused Manufactured HomeLivingNews.com Illinois Professional Couple Discover their Getaway Home near Florida’s top Beaches What’s New in Manufactured Housing Industry Professional News MH Community adding 46 homes. Malibu manufactured home goes for $3.5 million. Oregon MHC sets new record. Oklahoma City has first modular hotel. Americans
Sunday Morning Recap-Manufactured Housing Industry News May 15-May 22, 2016 Read More
