Manufactured and Modular Housing News

Iowa Manufactured Housing Association helps Guide Legislation Read More

Iowa Manufactured Housing Association helps Guide Legislation

By Matthew Silver / May 30, 2016 / Communities, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes

Joe Kelly of the Iowa Manufactured Housing Association (IMHA) tells MHProNews that one of the last bills of the session that Gov. Terry Branstad signed, HF 2459, which makes last minute adjustments to state government funding, included revised language to prevent cities from filing liens against manufactured home communities where

mhi photo credit mh under production posted MHProNews.com

Dodd-Frank Act Remains a Stumbling Block to Manufactured Home Lending Read More

Dodd-Frank Act Remains a Stumbling Block to Manufactured Home Lending

By Matthew Silver / May 30, 2016 / Advocacy, Business, Finance, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, regulation

Steve Sinovic, writing in abqjournal, says sales of manufactured home sales are up, a popular and affordable housing choice for New Mexicans, some eighteen percent of whom live in manufactured housing. However, financing costs are being driven up by the Consumer Financial Protection Bureau (CFPB) implementation of the Dodd-Frank law. Additionally,

Stock Markets Closed in Honor of Memorial Day Read More

Stock Markets Closed in Honor of Memorial Day

By Matthew Silver / May 30, 2016 / Business, Manufactured and Modular Housing News, Stocks

All U. S. stock markets are close today in observance of Memorial Day, the day to honor all U.S. military personnel. For an editorial reflection on Memorial day, click here. ## (Photo credit: history) Article submitted by Matthew J Silver to Daily Business News-MHProNews.

Manufactured Housing is Moving in New Mexico Read More

Manufactured Housing is Moving in New Mexico

By Matthew Silver / May 30, 2016 / Business, Company News, Economy, Factory-Built Homes, home buyers, Manufactured and Modular Housing News, Manufactured Homes, Modular, Trends

Mark Duran, executive director of the New Mexico Manufactured Housing Association, stated the resurgence in appeal of the manufactured home (MH) stems from the desire of home ownership, built-in amenities and lower cost, and today’s buyers range from the starter home set to the well-being who have often cashed out

Minority-owned Builder Plans Modular Homes as Infill in Minneapolis Read More

Minority-owned Builder Plans Modular Homes as Infill in Minneapolis

By Matthew Silver / May 30, 2016 / Announcements, Business, Company News, Factory-Built Homes, home buyers, Manufactured and Modular Housing News, Modular

In an attempt to revitalize Minneapolis’ North Side which is plagued with crime, high unemployment and boarded-up housing, the largest black-owned business in Minnesota is moving its headquarters to the area. It intends to establish a new company that will sell and site modular homes as infill for some of

May 29 2016

Sunday Morning Recap-Manufactured Housing Industry News May 22-May 29, 2016

By Matthew Silver / May 29, 2016 / Advocacy, Announcements, Awards, Business, Canada, Communities, Company News, Economy, Factory-Built Homes, Finance, Green, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, mobile home, Modular, People, regulation, RV, Stocks, Trends

What’s New in public focused Manufactured HomeLivingNews.com NeighborWorks, Clayton Homes Partner with Next Step Homes in Waco, Texas How a Professional Couple saved $100,000 on a New Home in Tennessee What’s New in Manufactured Housing Industry Professional News MH Communities closing in Minnesota, New York. Cavco stock closes above $100.

Sunday Morning Recap-Manufactured Housing Industry News May 22-May 29, 2016 Read More

May 28 2016

North Carolina Grant will help MH Residents Repair Homes

By Matthew Silver / May 28, 2016 / Awards, Manufactured and Modular Housing News, Manufactured Homes

The Pitt County (North Carolina) Planning Department has received a $100,000 from the North Carolina Housing Finance Agency’s Urgent Repairs program to assist families who own manufactured homes (MH) that need repair but do not own the land. Most MH repair grants require the homeowner to own the land as

North Carolina Grant will help MH Residents Repair Homes Read More

Former MH Community Property will Host Modular Homes for Homeless Read More

Former MH Community Property will Host Modular Homes for Homeless

By Matthew Silver / May 27, 2016 / Announcements, Communities, Factory-Built Homes, Legal, Manufactured and Modular Housing News, Manufactured Homes, Modular, People

The one-time site of a manufactured home community in Caversham, United Kingdom will soon see 28 modular homes for homeless families, as MHProNews has learned from getreading.co.uk. The goal of the Reading Borough Council is to address the chronic lack of temporary housing in the borough and reduce the use

Minnesota MH Community Closing, Consultant Helping with Relocation Read More

Minnesota MH Community Closing, Consultant Helping with Relocation

By Matthew Silver / May 27, 2016 / Business, Communities, Manufactured and Modular Housing News, Manufactured Homes, mobile home

Shady Oaks Mobile Home Park in St. Cloud, Minnesota will close in August, 2016, and Le Sauk Township will enlist the assistance of Wilson Development Services to help with relocation efforts for the residents, according to sctimes. The state requires communities that are closing to give residents a nine-month notice,

Cavco’s Stock Gains 4.76%, closes at $100.23 Read More

Cavco’s Stock Gains 4.76%, closes at $100.23

By Matthew Silver / May 27, 2016 / Business, Manufactured and Modular Housing News, Stocks

In the news from CNNMoney: Verizon reaches deal with 36,000 striking workers. Fed Chair Janet Yellen says rate hike will be appropriate soon. Twenty-three percent of U. S. homes have two refrigerators. French gasoline shortages fueling interest in electric cars. Trump’s Energy Plan: Regulate less, drill more. U. S. economic

Drew Declares Quarterly Dividend Read More

Drew Declares Quarterly Dividend

By Matthew Silver / May 27, 2016 / Announcements, Business, Company News, Manufactured and Modular Housing News, Manufactured Homes, RV

According to streetinsider, Drew Industries, Inc. (NYSE:DW) has declared a quarterly dividend of $0.30 per share, or $1.20 annually. To stockholders of record on June 6, 2016 the dividend will be payable June 17, 2016. The ex-dividend is set for June 2, 2012. Annual yield on the dividend is 1.6

New Home Sales Spike; Pending and Existing Home Sales also Rise Read More

New Home Sales Spike; Pending and Existing Home Sales also Rise

By Matthew Silver / May 27, 2016 / Business, Economy, Finance, home buyers, Manufactured and Modular Housing News, Trends

Pending home sales rose for the third consecutive month in April, this time hitting the highest level since Feb. 2006, as 12newsnow reports to MHProNews. The National Association of Realtors (NAR) said its seasonally adjusted pending home sales index billowed 5.1 percent in April to 116.3, just shy of the

Modular Home Dealer Ordered to Jail on 21 Theft Charges Read More

Modular Home Dealer Ordered to Jail on 21 Theft Charges

By Matthew Silver / May 27, 2016 / Business, Company News, Factory-Built Homes, home buyers, Legal, Manufactured and Modular Housing News, Modular, People

Harking back to a post MHProNews published Feb. 23, 2016 regarding Wyoming Homes owner David Valenti pleading guilty to 19 counts of theft for not delivering modular homes for which he had been paid, he has now pleaded guilty to 21 counts of theft, alleging he stole over $240,000 from

Investors Alter Stakes in Sun Communities and Patrick Industries Read More

Investors Alter Stakes in Sun Communities and Patrick Industries

By Matthew Silver / May 26, 2016 / Business, Company News, Manufactured and Modular Housing News, Manufactured Homes, RV, Stocks

Netols Asset Management, after selling 4,064 shares of Sun Communities, Inc., reduced its stake in Sun Communities Inc., (NYSE:SUI) to 142,175 shares valued at $10.1 million, as themarketdigest informs MHProNews. Hedge fund Daiwa Securities Group added 447,536 shares of Sun to its portfolio and currently has a stake valued at

Skyline Advances the most on Otherwise Quiet Trading Day Read More

Skyline Advances the most on Otherwise Quiet Trading Day

By Matthew Silver / May 26, 2016 / Business, Manufactured and Modular Housing News, Stocks

In the news from CNNMoney: Abercrombie’s stock falls 16 percent after admitting fewer shoppers are coming to its stores. McDonald’s raided by French police after tax probe. Signet Jewelers—Zales, Jared, Kay, and Piercing Pagoda—reported disappointing sales, stock fell ten percent. Pittsburgh Steelers using a robot to reduce injuries during practice.

Lawsuit Charges Eviction from MH Community is Discriminatory Read More

Lawsuit Charges Eviction from MH Community is Discriminatory

By Matthew Silver / May 26, 2016 / Advocacy, Business, Communities, Company News, home buyers, Legal, Manufactured and Modular Housing News, Manufactured Homes

MHProNews posted a story May 25, 2016 regarding the Waples Mobile Home Park in Fairfax, VA being charged with violation of federal and state fair housing laws for evicting residents who do not have Social Security cards, which a legal aid group says is discriminatory because it disproportionately affects Latinos.

Manufactured Housing Institute’s National Congress and Expo for Manufactured and Modular Housing Read More

Manufactured Housing Institute’s National Congress and Expo for Manufactured and Modular Housing

By Matthew Silver / May 26, 2016 / Awards, Business, Communities, Company News, Manufactured and Modular Housing News, Manufactured Homes, Modular

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