Manufactured and Modular Housing News

Alberta Wildfires have Driven Residents to Safety in Workforce Housing Read More

Alberta Wildfires have Driven Residents to Safety in Workforce Housing

By Matthew Silver / May 5, 2016 / Canada, Company News, Events, Factory-Built Homes, Manufactured and Modular Housing News, Modular

While the wildfire engulfing Fort McMurray in Alberta, Canada has burned 1,600 buildings and forced 80,000 people to flee their homes, stocks for companies that produce temporary accommodations have shot up as much as 35 percent, according to what bloomberg tells MHProNews, although Andrew Bradford of Raymond James, Ltd. says

At Annual Meeting of Berkshire Hathaway Warren Buffett sees no Housing Bubble Read More

At Annual Meeting of Berkshire Hathaway Warren Buffett sees no Housing Bubble

By Matthew Silver / May 5, 2016 / Business, Company News, Events, home buyers, Manufactured and Modular Housing News, Manufactured Homes

Thousands of enthusiastic followers descended on Lincloln, Nebraska to hear Warren Buffett, Chairman of Berkshire Hathaway, the parent of Clayton Homes, expound at the company”s annual meeting, as housingwire tells MHProNews. According to Fortune, Buffett said the housing market is on stable footing, noting, “I don’t see a nationwide bubble

Louisiana Pacific Gains almost 4.5%; MHCV Slips -1.06% Read More

Louisiana Pacific Gains almost 4.5%; MHCV Slips -1.06%

By Matthew Silver / May 5, 2016 / Business, Manufactured and Modular Housing News, Stocks

In the news from CNNMoney: KFC introduces ‘Finger Lickin’ Good’ nail polish. Fastpitch softball player Monica Abbott signs $1 million contract, first U. S. woman in team sports to sign a contract at that level. Cloud computing and data mining skills will get you a job. Amazon is investing in

New Modular Vermont Neighborhood will be Net Zero Read More

New Modular Vermont Neighborhood will be Net Zero

By Matthew Silver / May 5, 2016 / Business, Factory-Built Homes, Green, Manufactured and Modular Housing News, Modular

Waltham, Vermont is saying goodbye to the six-year abandoned Gevry Mobile Home Park with the sounds of demolition, as it welcomes the new McKnight Lane neighborhood in its stead. Fourteen homes are being demolished and 14 new, affordable modular homes will replace them, according to Katie Forleo of the non-profit

Drew Wastes no Time Moving on Europe Read More

Drew Wastes no Time Moving on Europe

By Matthew Silver / May 5, 2016 / Announcements, Business, Canada, Communities, Company News, Manufactured and Modular Housing News, Manufactured Homes, RV

Following a story MHProNews posted April 29, 2016 regarding Drew Industries increasing its line of credit from $100 million to $200 million, with up to $50 million earmarked for approved foreign currencies, the component supplier to the manufactured home (MH) and recreational vehicle (RV) industries, has acquired Project 2000 S.r.l.,

MH Lender Cascade Financial Services Acquired by Centerbridge Read More

MH Lender Cascade Financial Services Acquired by Centerbridge

By Matthew Silver / May 4, 2016 / Announcements, Business, Company News, Factory-Built Homes, Finance, home buyers, Manufactured and Modular Housing News, Manufactured Homes, Modular

Funds advised by private investment firm Centerbridge Partners, L.P. will acquire Southwest Stage Funding, LLC, dba Cascade Financial Services, a lender to buyers of manufactured homes, according to what prnewswire tells MHProNews. Following the closing of the transaction, which is scheduled to be finalized in the third quarter of 2016,

Sun Communities Gains the Most, Affiliated Managers Drops Read More

Sun Communities Gains the Most, Affiliated Managers Drops

By Matthew Silver / May 4, 2016 / Business, Manufactured and Modular Housing News, Stocks

In the news from CNNMoney: Gun background checks are surging. Should investors fear Trump or Clinton? Johnson & Johnson lost another talcum powder cancer lawsuit. Outlook stinks for Priceline in the wake of the CEO’s inappropriate relationship with an employee. Legal marijuana sales tripled in 2015. Four U. S. governors

MHRE Expanding its National Footprint Read More

MHRE Expanding its National Footprint

By Matthew Silver / May 4, 2016 / Announcements, Business, Company News, Manufactured and Modular Housing News, Manufactured Homes, RV

MHProNews has been informed MHRE Inc., Manufactured Housing Group, the real estate brokerage and advisory company predicated exclusively in the manufactured housing and recreational vehicle asset class, announces it is expanding from its Detroit home office to open locations in Orlando, Fla. and San Diego, Calif. to better serve its

Trump’s Opponents Spent over $75 Million Trying to Defeat Him Read More

Trump’s Opponents Spent over $75 Million Trying to Defeat Him

By Matthew Silver / May 4, 2016 / Advocacy, Announcements, Events, Manufactured and Modular Housing News, People

MHProNews has learned from thegatewaypundit that anti-Trump groups spent $75.7 million on 64,000 television ads against Donald Trump’s bid for the presidency, according to ad tracking firm Kantar Media/CMAG. This figure does not include ads that appeared on cable and satellite channels as those are not part of the tracking

MH Community Residents Organizing to Prevent Closing of Lowry Grove in Minnesota Read More

MH Community Residents Organizing to Prevent Closing of Lowry Grove in Minnesota

By Matthew Silver / May 4, 2016 / Advocacy, Business, Communities, Company News, Legal, Manufactured and Modular Housing News, Manufactured Homes, People

Following a post MHProNews published April 30, 2016 regarding the planned closing of Lowry Grove manufactured home community (MHC) in St. Anthony, a suburb of Minneapolis, tcdailyplanet reports residents of the community have gathered to discuss their options in trying to maintain Lowry as their home. They would have to

New Manufactured Home Community Considered for Alberta, Canada Read More

New Manufactured Home Community Considered for Alberta, Canada

By Matthew Silver / May 4, 2016 / Announcements, Business, Canada, Communities, Company News, Legal, Manufactured and Modular Housing News, Manufactured Homes

MHProNews has learned from mygrandeprairienow that a new manufactured home community (MHC) may be in the works for Grande Prairie, Alberta, Canada. Developers are considering property currently being used for agriculture production as the site. The city will take under advisement amending a bylaw to rezone the property, changing it

Manufactured Housing Production Spikes 26.9% in March Read More

Manufactured Housing Production Spikes 26.9% in March

By Matthew Silver / May 3, 2016 / Business, Economy, home buyers, Manufactured and Modular Housing News, Manufactured Homes

The Manufactured Housing Association for Regulatory Reform (MHARR) informs MHProNews that statistics compiled on behalf of the Department of Housing and Urban Development (HUD) reveal production of HUD Code manufactured homes (MH) increased 26.9 percent in March 2016 over March 2015, 7,110 homes in 2016 over 5,602 homes last year.

Only one MH-related Stock Gains in Trading Today

By Matthew Silver / May 3, 2016 / Business, Manufactured and Modular Housing News, Stocks

In the news from CNNMoney: Lowest airfares in seven years this summer. French worker sues employer because his work was too boring. Elevators will one day move sideways, at an angle, even go outside a building into the city. Trump repeats unfounded story that Cruz’ father knew Lee Harvey Oswald,

Home Prices Continue to Rise Faster than Wages Read More

Home Prices Continue to Rise Faster than Wages

By Matthew Silver / May 3, 2016 / Business, Economy, Finance, home buyers, Manufactured and Modular Housing News, Trends

U. S. house prices rose 2.1 percent between Feb. and March, including distressed sales, and 6.7 percent between March 2015 and March 2016, according to constructiondive. Wages for would-be first time homebuyers likely did not rise that much on the year, MHProNews knows, putting a home out of reach. Reporting

Guerdon Modular Picks up where Zeta Communities Dropped Read More

Guerdon Modular Picks up where Zeta Communities Dropped

By Matthew Silver / May 3, 2016 / Business, Company News, Factory-Built Homes, Manufactured and Modular Housing News, Modular

Upgrading a post from March 28, 2016 regarding the closing of the Zeta Communities modular building plant in McClellan Park in Sacramento, Calif., MHProNews has been informed Guerdon Modular Buildings in Boise, Idaho is picking up some of Zeta’s unfilled contracts. Guerdon produced the apartments for Eviva midtown apartment building

Results of Comparable Energy Efficiency in Manufactured Homes Revealed Read More

Results of Comparable Energy Efficiency in Manufactured Homes Revealed

By Matthew Silver / May 3, 2016 / Green, home buyers, Manufactured and Modular Housing News, Manufactured Homes

The Manufactured Housing Institute (MHI) tells MHPronews a three year project undertaken by the Department of Energy (DOE) compared the energy-saving attributes of three lab houses of varying designs tested side-by-side under controlled conditions in Russellville, Ala. The homes were built by Southern Energy Homes, part of the Clayton Homes