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 from euroinvestor that the board of directors of real estate investment trust (REIT) Sun Communities, Inc. (NYSE:SUI) has declared a quarterly distribution of $0.65 per share of common stock for Q2 2016. The distribution is payable July 15, 2016 to shareholders of record as of June 30,2016. […]
Sun Communities Declares Three Quarterly Dividends Read More
In the news from CNNMoney: Cheapest summer gas in 12 years. American millionaires control 66 percent of the nation’s wealth, a greater concentration than in any other country. Saudis will soon be paying tax on soda and tobacco. The S&P has not had a dive of over one percent in
Skyline Gains +3.98 percent; AMG Slips -2.14 percent Read More
In a survey conducted by the National Association for Home Builders (NAHB), 59 percent of would-be homebuyers said $249,000 was their limit to spend on a new home, but 65 percent of the homes begun in 2015 were over that limit. According to what builderonline tells MHProNews, 31 percent set
Homebuyers Seek Lower Price on Site-built than the Offering Read More
Craig Hillis, executive director of the Manufactured Housing Communities of Washington (MHCW), says with the median price of a traditional home hitting $260,000 in the Seattle area, an increase of 11% in the last year, time should be ripe for the onset of manufactured homes to fill the void of
Affordable Housing Crisis hits Seattle, as Manufactured Homes are Said to be Waning Read More
Joe Kelly of the Iowa Manufactured Housing Association (IMHA) tells MHProNews the free seminars for community managers/owners regarding the array of laws and regulations affecting communities has drawn over 100 members in three different cities. Open to members and non-members alike, the next gathering will be Wed. June 15, 2016
Iowa MHA Leading Seminars on Community Regulations Read More
As part of Dublin, Ireland City Council’s drive to house homeless families that continue to increase in number quarterly, as MHProNews last reported March 3, 2016, work has begun preparing an open green space in Cherry Orchard for up to 24 modular homes. Rife with anti-social behavior in the past,
Modular Homes Building Underway in Ireland for Homeless Families Read More
The resident-owned Trailer Terrace manufactured home community (MHC) just outside Great Falls, Montana is set to have its water system totally redone compliments of $1 million in funds from the State Revolving Loan Fund Loan Program. The money was previously approved for the community through the South Winds Water and
Montana Resident-owned Community Getting Affordable Water System Read More
The Manufactured Housing Association for Regulatory Reform (MHARR) reports to MHProNews that statistics compiled on behalf of the Department of Housing and Urban Development (HUD) indicate that HUD Code manufacturers produced 6,689 homes in April, a 9.9 percent increase over the 6,085 homes produced in April 2015. For 2016, total
Manufactured Home Production Continues its Upward Trend Read More
In the news from CNNMoney: Oil gains two percent, nears $50/bbl. Company close to government approval for first private moon shot. Yellen moves rate hike off the table. U. S. oil exports rose from 1.2 million barrels in January to eight million barrels in March. American economy is stronger than
Dow Gains+113.27 points; Louisiana Pacific Moves up +2.51 percent Read More
For many years rural housing issues have been to the housing market what middle America has been to the east and west coasts—the flyover zone. Eighty percent of U. S. land is rural comprising just 20 percent of the population, says CoreLogic‘s Faith Schwartz, adding that rural housing is “a
New CFPB Ruling Broadens Lending in Rural Areas Read More
An appropriations bill approved by the House Financial Services and General Government Appropriations Subcommittee of the House Appropriations Committee would seriously alter the workings of the Consumer Financial Protection Bureau in two ways, a move opponents of Dodd-Frank/CFPB would welcome. Firstly, the agency would be funded through the annual Congressional
Bill would Eliminate CFPB Czar, Clarify and Funnel Funding Read More
MHProNews has been fielding industry responses via email, phone and text to the report and analysis linked below. Why did 4-9-2016 MHI Housing Alert mislead Association and industry members? Based upon early feedback, MHProNews sent the following inquiry to MHI members for their response. The inquiry included the link above,
Manufactured Housing Institute members react-Allegations of Misleading MHI Housing Alert Read More
What’s New in public focused Manufactured HomeLivingNews.com Walk Down Memory Lane: From Trailers and Mobile Homes to Early and Modern What’s New in Manufactured Housing Industry Professional News Manufactured homes have to be re-installed. Relocated manufactured homes a plus for residents. Hail storm damages newer MH. New York funds new,
Sunday Morning Recap-Manufactured Housing Industry News May 29-June 5, 2016 Read More
Joe Kelly of the Iowa Manufactured Housing Association (IMHA) tells MHProNews that IMHA members Eddie and Cheri Cole, owners of Forest View Mobile Home Court, are involved in a development project that will benefit their residents. A multimillion dollar project proposed for Iowa City, Iowa on the current site of
Repurposing of MH Community will be a Positive for Residents Read More
A violent hail storm that hit Yellowstone County in Montana dented vehicles, destroyed gardens, broke windows and ruined roofs in Laurel, Montana. However, the most damage occurred at Alder Ridge Estates manufactured home community where some 50 homes suffered visible damage to the vinyl siding on the west side of
Hail Storm Takes Toll on Newer Manufactured Homes in Montana Read More
The North Dakota Manufactured Housing Association (NDMHA) is questioning the city of Minot’s decision relocating manufactured homes out of Odd’s Mobile Home Park to make way for a proposed flood protection project, according to minotdailynews. Kent French, association member in charge of governmental affairs, said the city used state and
City Moves Manufactured Homes, Installs them Improperly Read More
In the news from CNNMoney: Economy adds only 38,000 jobs in May, the lowest n six years, although unemployment rate falls to 4.7 percent. Hamas founders’ gay grandson finds refuge in U. S. Delta is making all in-flight entertainment free. Court says U. S. Women’s Soccer team cannot strike. Teen
Skyline Advances +3.13 Percent, as Northstar Realty Falls -3.71 Percent Read More
MHProNews has learned from thedailynewsonline that New York Gov. Andrew Coumo has announced $59 million in funds to rehabilitate, construct and otherwise contribute to a decent place to call home for income eligible applicants who own their own homes, including replacing manufactured homes. Operated through the New York State Homes
New York Commits $59 Million to Rehab/Replace Housing, including Manufactured Homes Read More
The Department of Energy (DOE) sent the Manufactured Housing Institute (MHI) a copy of the proposed new energy standards rule before its official publication, leading MHProNews and MHLivingNews publisher L. A. “Tony” Kovach to contact M. Mark Weiss, the President and CEO of the Manufactured Housing Association for Regulatory Reform
MHARR’s Mark Weiss Chides the DOE and MHI for their “Buddy System” Read More
Fannie Mae/Freddie Mac seller/servicer and Ginnie Mae issuer, Platinum Home Mortgage tells MHProNews it has opened a branch in Jupiter, Florida, its seventh new location this year. In addition to an in-house manufactured home financing program, the bank will offer conventional, non-qualified mortgage, Federal Housing Administration (FHA), Veterans Affairs, U.
Manufactured Home Lender Opening Branch in Jupiter, Fla. Read More
