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.
MHProNews has learned manufactured and modular housing builder Skyline Corp. will open a new factory in Elkhart, Indiana to produce affordable housing for markets in Indiana, Michigan and Illinois. “The opening of the Elkhart facility is in response to growing demand for our existing community partners,” said Skyline President and […]
Skyline Corp. adding Manufacturing Plant in Elkhart, IN Read More
In March, the Laramie (WY) City Council lifted the ban on the sale or transfer of mobile homes built prior to standards of the Department of Housing and Urban Development in 1976, as laramieboomerang informs MHProNews. In Dec. 2015 at issue was an ordinance restricting recreational vehicles (RVs) to no
City Council to Consider Checkerboarding of Manufactured Homes and RVs Read More
News continues arriving to MHProNews in the wake of modular builder Innovative Building Systems’ (IBS) sudden Chapter 7 bankruptcy, which we last covered May 16, 2016, as dailyitem reports 280 people at the Excel Homes plant in Liverpool, PA have lost their jobs, effective May 13. Begun in 1984, other
The Wake of IBS’/Excel Homes Bankruptcy Broadens Read More
A house built in 1775 in Hartford Village, Vermont was demolished last month, leading to calls for a new ordinance that would protect historic properties, as MHProNews has been informed by vnews. The house was built by Benjamin Wright, Jr., whose father was one of the founders of the town
Historic House Razed for Siting of Net Zero Modular Homes Read More
Updating a story MHProNews posted May 7, 2016 regarding the bankruptcy of Innovative Building Systems (IBS), which owns Keiser Homes of Oxford, Maine, modularhomecoach reports customers who have placed deposits on homes may be out of luck. Autumn Poulin put down a $20,000 deposit on a three-bedroom, 2-1/2 bath modular
Deposits on Modular Homes may be Lost in Bankruptcy Read More
In the news from CNNMoney: Saudi Arabia owns $117 billion of U. S. debt. Oil bankruptcies increase despite oil’s rise in price. Warren Buffett buys a stake in Apple. Bernie Sanders says financially-strapped Puerto Rico could leave U. S. Blazing fast internet speeds just around the corner. China’s DJI leading
Patrick Industries Outperforms other MH-Related Stocks 2nd Consecutive Day Read More
Since 1969, the Federal Housing Administration’s (FHA) Title 1 program has insured mortgage loans made by private lending firms to finance the purchase of new or used manufactured homes (MH), designed to increase the availability of MH financing. In a draft of the Title I section of its Single Family
Comment Period Open Regarding Title 1 FHA Handbook Read More
MHProNews has been informed by the RV/MH Heritage Foundation that Sally Miener has been chosen as vice president of marketing and development for the non-profit, according to CEO and president of the foundation, Darryl Searer. Miener has more than 24 years experience in a variety of management positions with Continental
Sally Miener Joins RV/MH Heritage Foundation as Vice President Marketing 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 Rent control judgment favors manufactured home community owner. CFPB may tighten screws excessively on short-term lenders. NAR calls for more starter homes to ease
Sunday Morning Recap-Manufactured Housing Industry News May 8-May 15, 2016 Read More
According to Neal Gabler, writing an article entitled The Secret Shame of Middle-class Americans in the May issue of The Atlantic, a Federal Reserve study from a year ago reports that nearly half of Americans would be hard-pressed to come up with $400 in an emergency—and he includes himself in
As More People Live on the Edge, Payday Lenders Provide Valuable Service Read More
Rick Cantu, of Emerald Acres Cooperative, one of 119 resident-owned manufactured home communities in New Hampshire, was honored by ROC-NH’s (resident-owned communities-New Hampshire) Co-ops Celebrating Community for his outstanding volunteer work in his community, receiving the Above and Beyond award. He was nominated by his neighbors, one of whom wrote:
Manufactured Housing Co-operative Member Honored for Outstanding Community Service Read More
Despite continuing inventory, affordability and student loan hindrances to homeownership, the National Association of Realtors (NAR) predicts 2016 will be the strongest year for existing home sales since 2006. Lawrence Yun, the NAR’s chief economist, speaking at the association’s Legislative Meeting,predicts pre-owned home sales will hit 5.4 million this year,
NAR Forecasts Strong Existing Home Sales in 2016, Calls for more Starter Homes Read More
In the news from CNNMoney: McDonald’s testing fresh beef hamburgers at select outlets in Texas. Alcohol sales fall for first time in 20 years. Subaru tells drivers of recalled autos: stop driving now. Just ahead of the Olympics: Can a new president save Brazil’s crippled economy. Nissan to spend $2.2
Patrick Industries Outperforms other MH-Related Stocks Read More
Following a story MHProNews posted May 11, 2016 regarding manufactured home community (MHC) owner NorthStar Realty Finance Corp., costar reports NorthStar is selling its portfolio of 135 manufactured home communities to a fund managed by Brookfield Asset Management Inc. for $2.04 billion, 33,010 home sites, the equivalent of $61,800 per
NorthStar Selling Manufactured Home Community Portfolio for $2.04B Read More
A United States District Court jury awarded the owner of Colony Cove manufactured home community (MHC) $3.3 million in damages against the city of Carson, California for violating his constitutional rights by repeatedly rejecting his proposed rent increases going back to 2006. According to dailybreeze, owner James Goldstein, the largest
Excessive Rent Control Results in $3.3M Judgment for Colony Cove MHC Read More
Following a story MHProNews last reported Feb. 25, 2016, Vancouver, British Columbia, Canada will soon be witnessing the arrival of modular housing units, each 250 square feet, for homeless singles and families. The city has pinpointed two sites for the homes. One site will accommodate 40-80 micro units, each with
Vancouver Chooses Sites for Modular Homes for Homeless Read More
MHProNews has learned that one of the United Kingdom’s largest construction companies will build a factory next to its existing manufacturing facility, Explore Industrial Park in Steetley, Worksop, Engalnd for the construction of modular homes. Laing O’Rourke’s current state-of-the-art site produces components used in homes it builds across London and
Modular Homes being Promoted in UK by Builders and the Government Read More
In the news from CNNMoney: Is Facebook protected under the First Amendment? Trump is a ‘rain doctor’ during a drought. Google is worth more than Apple. Political fear is paralyzing investors. Defense stocks near all time high. Europe’s banks too scared to deal with Iran. Obamacare insurance premiums may rise
Owner of MHCs Carlyle Group Outshines other Stocks, Gains Nearly Four percent Read More
Following a story MHProNews last posted May 5, 2016 regarding the wildfires that have engulfed Fort McMurray in Alberta, Canada, forcing the evacuation of 90,000 residents and destroying ten percent of the city, Mayor Melissa Blake said the first priority is to get temporary housing so the shuttered oil companies
Officials in Alberta’s Fire-whipped Fort McMurray Considering Modular Homes Read More
San Jose, California led 119 of the 340 metro housing markets nationwide in returning to or exceeding their last normal levels of economic and housing activity in Q1 2016. The markets are gauged by measuring the averages of housing permits, price and employment levels for the past 12 months, and
U. S. Housing and Economic Progress is Making Haste Slowly Read More
