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.
The Corsicana (TX) City Council unanimously approved a request from Thomas Douglas to site a manufactured home on property he owns on East Third Ave., as the corsicanadailysun informs MHProNews. “I have other property in town, but I cannot put a manufactured home on it,” said Douglas to the council. […]
City Unanimously Approves Manufactured Home Siting Read More
Doug Stimpson, General Manager of All American Homes in Dyersville, Iowa, said the majority of the 75 workers have been laid off pending the sale of the modular home business to another owner, according to thonline. “We have a buyer who has paid a deposit of $1 million to purchase
Modular Builder in Iowa may Re-open with New Owner Read More
MHProNews has learned from owentonnewsherald the Kentucky Manufactured Housing Institute (KMHI) has announced Sparta, Kentucky resident Arielle M. Columbia has been named as a 2016 KMHI Scholarship Award recipient. She received one of five $1,000 scholarships awarded to graduating high school students who currently live in manufactured housing in KY.
Kentucky Manufactured Housing Institute Awards Scholarship Read More
In the news from CNNMoney: Fed says no interest rate hike yet. FBI will not tell Apple how it hacked terrorists’ iPhone. Venezuela orders two-day work week to save energy and electricity. America’s earnings recession just got worse. Legal marijuana sales tripled in 2015. U. S. Steel says China is
Patrick Ind. Gains the Most of MH-related Stocks Read More
Following a story MHProNews posted July 24, 2015 regarding the need for workforce housing in southwest Louisiana where up to 54,000 workers will build an ethane cracker and gas-to-liquid facility, americanpress reports Calcasieu Parish officials are dealing with multiple requests to accommodate recreational vehicles (RV) and manufactured homes (MH). At
Rezoning Requests Approved for MH and RV sites Read More
Shady Acres manufactured home community (MHC) in Kittitas County, Washington will be closing after the county agreed to buy the property for $1.45 million to expand recreational vehicle (RV) parking at the Kittitas Valley Event Center, according to information supplied MHProNews by dailyrecordnews. Once the sale is finalized the residents
Manufactured Home Community Closing, Relocation Resources Available Read More
Damon Reed of Capital One has engineered a Fannie Mae $4.7 million fixed-rate refinancing package for a 309 home site manufactured home community (MHC)in Novi, Michigan, about 30 miles northwest of Detroit. Built in two phases, 212 sites of Country Cousin Manufactured Home Community were constructed in 1966, and 99
Country Cousin Obtains a Fannie Mae Refi Loan Read More
Following a tepid first quarter, government-sponsored enterprise (GSE) Freddie Mac reports the mighty dollar spigot of consumer spending, manufacturing, trade and auto and retail sales for the first quarter has tightened, with an estimated GDP (gross domestic product) of 1.1 percent growth instead of the expected 1.8 percent. As nationalmortgagenews
Freddie Mac 2016 Forecast: Housing will Continue Growing, GDP to Slow Read More
MHProNews has learned from prnewswire Drew Industries, Inc. (NYSE:DW) will release its financials for Q1 2016 before the market opens on May 9, 2016 followed by a conference call later that same day at 11 AM. Drew’s CEO Jason Lippert, President Scott Mereness and CFO David Smith will lead the
Drew Industries set to Release First Quarter results Read More
In the news from CNNMoney: The crash in oil prices caused $67 billion in combined losses by 40 publicly-traded U.S. oil producers last year. Spirit Airlines ranks last in customer satisfaction. Investors await Apple’s quarterly results. China’s PayPal rival now worth $60 billion. England’s hospital doctors are angry. Exxon Mobil
Skyline Plummets 15.5%; Cavco, Drew, AMG Gain Read More
The Long County Board of Commissioners in Hinesville, GA are grappling with an application for a rural subdivision that Mike Allen wants to build, but it is unclear whether the new homes will be manufactured homes or modular homes, according to coastalcourier. Similarly, the board has little information about water
Board Needs More info about Proposed MH/Modular Community Read More
Single mom and Army Staff Sgt. Michelle Satterfield was surprised at the last regular season home game of the Pittsburgh Steelers when she received a ceremonial key to a modular home in White Oak, Pennsylvania, where she will be near her fellow soldiers in the 14th Quartermaster Detachment in Greensburg.
Iraqi Army Vet and Humanitarian Worker Receives Modular Home Read More
A Welsh company, Affresol, has developed a modular house from recycled plastic that is mixed with a harder-than-concrete pourable resin, which is waterproof, fire retardant and rot proof. MHProNews has been informed by cltampa that each Thermo Poly Rock saves 18 tons of waste from landfills, and five or more
Modular House Saves Plastic from Landfill Read More
The Martinsville (VA) Henry County Economic Development Corporation (EDC) and modular home builder Nationwide Custom Homes announce the expansion of the company’s production line by adding 59 employees, increasing output by 35 percent, with the set-up scheduled to be complete by the end of the year. As demand grows for
Nationwide Expanding Martinsville VA Modular Facility Read More
First-time home buyers accounted for less than a third of all home purchases last year, the lowest rate in almost 30 years, as The Wall Street Journal informs therealdeal. Only 25 percent of U. S. counties that have over 100,000 people saw a decrease in affordability of homes since last
Affordable Homes becoming more Scarce Read More
In the news from CNNMoney: Antitrust regulators approve of Charter Communication’s takeover of Time Warner Cable and Bright House Networks. Fox Sport Reporter Erin Andrews settled her lawsuit against Marriott Hotels for an undisclosed amount. Republican billionaire mega-donor Charles Koch said the U. S. tax code is “rigged’ in favor
Deer Valley Spikes +26.19%; Universal Forest Products Falls -5.07 Read More
The Henry County Board of Supervisors in south central Virginia will hold a public hearing to respond to the request of Ruben Torrres to rezone property for locating a manufactured home (MH). The property is in a 100 year-old flood plain, as designated by the Federal Emergency Management Agency (FEMA),
Virginia County Recommends Manufactured Home Rezoning Request Read More
A graduate student team from the University of Texas at Austin won the U. S. Department of Housing and Urban Development’s (HUD) third annual Innovation in Affordable Housing Student Design and Planning Competition. As hud.portal tells MHProNews, the Austin team was one of four team finalists to come up with
Students Compete to Redesign Affordable Housing Complex Read More
According to the first-quarter Zillow Real Estate Market Reports, rising values for entry-level homes may dash the hopes of would-be first-time homebuyers during the traditional spring buying season. The cost of entry-level homes, those in the bottom third of the market, are rising the fastest among the largest markets in
Inventory of Entry-value Homes Slipping, Raising Prices Read More
The expansion of Naval Air Station Whidbey Island will add 3,747 people to the population of Oak Harbor, Washington, a 20 percent increase by 2036, 70 percent of whom are military or civilian personnel associated with the base. Located in the far northwest corner of the continental United States, Oak
Clayton may get Nod to Add Housing at Growing Air Base Read More
