Manufactured and Modular Housing News

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.

Cardboard House Designed to Last 50 Years

After four years of research and development, the Amsterdam collective Fiction Factory has developed a modular house made primarily of treated cardboard that is said to last 50 years, according to huhmagazine.co.uk. Designed for either homes or offices, the Wikkelhouse (roughly, ‘wrap house’) comes in tubular sections of about 43 […]

Cardboard House Designed to Last 50 Years Read More

Modular Container Housing to House At Risk Women and Families in Vancouver

MHProNews has learned the seven story modular housing complex made from old shipping containers rising in downtown Vancouver, British Columbia is headed up by the non-profit Atira Women’s Resource Center, which already has a 12 unit modular building providing housing for women in town. This 21-unit housing project is for

Modular Container Housing to House At Risk Women and Families in Vancouver Read More

Dodd-Frank Act is Harming the Economy, says Donald Trump

In an interview with Reuters, presidential candidate Donald Trump stated financial reforms implemented under President Obama, specifically the Dodd-Frank Act, and the ensuing Consumer Financial Protection Bureau (CFPB), are stifling the economy and he would ditch most all of their provisions. “Dodd-Frank has made it impossible for bankers to function,”

Dodd-Frank Act is Harming the Economy, says Donald Trump Read More

Patrick Ind. Gains +2.60 percent; NASDAQ Advances, Dow Slips

In the news from CNNMoney: If the economy stays on course, the Fed may raise interest rates this summer. T. J. Maxx to open thousands of new stores. Trump says there’s a tech bubble. $65 billion merger rolls Time Warner and Brighthouse into Charter cable company. Google takes on Siri

Patrick Ind. Gains +2.60 percent; NASDAQ Advances, Dow Slips Read More

County Commissioners deny Request to Rezone Land for Manufactured Home Community

The Yellowstone County Commission in Montana unanimously voted against a zone change request from residential tracts to residential manufactured homes (MH) on some 30 acres of vacant land outside Laurel, just south of Billings, but within the city’s zoning jurisdiction following neighborhood complaints against the proposal. Remonstrators allege the development

County Commissioners deny Request to Rezone Land for Manufactured Home Community Read More

Ohio City Sets New Standards for Manufactured Homes Outside MH Communities

MHProNews has learned from thecourier that the city council of Fostoria, Ohio approved legislation establishing new standards for manufactured homes (MH) sited in residential neighborhoods, outside of manufactured home communities. Under the new law, MH must resemble site-built homes, including being set on a foundation and with similar siding materials

Ohio City Sets New Standards for Manufactured Homes Outside MH Communities Read More

Manufactured Home Residents could Receive Property Tax Exemption.

The Homestead Exemption Program that provides tax relief to homeowners who are either 65 and older or permanently disabled applies to both manufactured and site-built homes in Marion County, Ohio, as marionstar informs MHProNews. The home has to be the principal residence and the occupants must have an adjusted gross

Manufactured Home Residents could Receive Property Tax Exemption. Read More

Housing Starts, Building Permits, pre-existing Home Sales Rise

According to what wsj tells MHProNews, housing starts rose 6.6 percent in April over the previous month to a seasonally adjusted annual rate (SAAR) of 1,172 million units, indicating an uptick since a slow start in Q1. (It should be noted the 6.6 rise has a margin of error of

Housing Starts, Building Permits, pre-existing Home Sales Rise Read More

Nobility Homes Plummets; Dow, Nasdaq, S&P lose Yesterday’s Gains

In the news from CNNMoney: Oil prices hit highest level in seven months. American Airlines flight attendants will no longer make connecting gate announcements towards the end of each flight—passengers complained of the interruption. Mark Cuban warns of market turmoil if Trump wins the presidency. Chinese incubator may be rivaling

Nobility Homes Plummets; Dow, Nasdaq, S&P lose Yesterday’s Gains Read More

Skyline Corp. adding Manufacturing Plant in Elkhart, IN

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

City Council to Consider Checkerboarding of Manufactured Homes and RVs

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

The Wake of IBS’/Excel Homes Bankruptcy Broadens

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

Historic House Razed for Siting of Net Zero Modular Homes

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

Deposits on Modular Homes may be Lost in Bankruptcy

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

Patrick Industries Outperforms other MH-Related Stocks 2nd Consecutive Day

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

Comment Period Open Regarding Title 1 FHA Handbook

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

Sally Miener Joins RV/MH Heritage Foundation as Vice President Marketing

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

Sunday Morning Recap-Manufactured Housing Industry News May 8-May 15, 2016

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

As More People Live on the Edge, Payday Lenders Provide Valuable Service

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

Manufactured Housing Co-operative Member Honored for Outstanding Community Service

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

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