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.
Following the continuing story of modular homes for the homeless in Dublin, Ireland, the first installment of which were originally set for last Christmas, as MHProNews posted March 3, 2016, utv.ie reports the homes will now cost approximately 1.5 times more than originally stated, around €243,000 each ($215,298 USD). The […]
Modular Housing Costs higher than Original Estimates Read More
Updating a story MHProNews last posted June 18, 2015 about the possible re-opening of the former Magnolia Homes in Gering, Nebraska, starherald reports former owner Doug Fillingham is set to re-open as Family Built Homes, hiring many of the same employees who lost their jobs last June when Magnolia ceased
Former Magnolia Homes Modular Facility Re-opening as Family Built Homes Read More
In the news from CNNMoney: 36,000 Verizon workers go on strike. 20 percent of big companies pay no corporate income taxes. Reporter resigns over newspaper’s support of Donald Trump—paper is owned by Trump’s son-in-law. Bernie Sanders wants to end fracking boom. Retail sales fell -0.1 percent in March. Puerto Rico
Carlyle Group, UFPI, AMG, Patrick Post Strong Gains Read More
The Athens (TX) City Council adopted a resolution in support of the Athens Economic Development Corp.’s $300,000 incentive package for jobs created by Clayton Homes bringing a manufacturing plant to the city, according to athensreview. The council agreed to a property tax rebate for Clayton over a five-year period, beginning
Clayton to Open Texas Plant, as it Celebrates 60 Years in Business Read More
MHProNews has been informed by usatoday/Associated Press that an enormous hole suddenly opened adjacent to a manufactured home community in Tarpon Spring, Florida. Measuring 35 feet deep by 60 feet wide, authorities were trying to determine if it was a natural sinkhole or a break in a water line. Residents
Massive Hole Endangers Residents of Fla. Manufactured Home Community Read More
The U. S. Department of Housing and Urban Development (HUD) has announced updates to its dispute resolution program involving the purchase and installation of manufactured homes for the 23 states that do not already have a HUD-approved resolution process. A new Office of Manufactured Housing Programs (OMHP) website is designed
Office of Manufactured Housing Programs issues New Dispute Resolution Program Read More
In the news from CNNMoney: Big oil and gas stock spikes 61 percent in two days. While Coca-Cola stock is up eight percent this year, Pepsi is up five percent—both stocks hit ready highs on Monday. Venezuela has 500 percent inflation. Oil hits new 2016 high, $42.17. The new normal:
Deer Valley Spikes; Dow Gains 164 Points Read More
The Yellowstone County Zoning Commission unanimously turned down a zone change application that would have allowed Cherry Creek Estates manufactured home community (MHC) to expand by adding as many as 80 manufactured homes, reports billingsgazette. While the Yellowstone County Board of Commissioners will have the final say when it meets
Zoning Commission Recommends against Expansion of Manufactured Home Community Read More
The Inman City Council in South Carolina has postponed a vote on preventing new “mobile homes” (sic) from being sited in a small residential district within the city limits, reports goupstate to MHProNews. Homes already sited there can stay but no new manufactured homes can come in. Fifteen people attended
City Postpones Vote on Restricting New Manufactured Homes Read More
Following a story MHProNews posted March 23, 2016 regarding modular homes built by ex-cons in Pittsburgh, Daniel Bull, president of builder Zero Six Eight (an ex-con himself), gave a presentation to the Allentown, PA Community Development Corporation (CDC) about building modular homes on Arlington Avenue. Saying he has already had
Plans for Ex-cons to Build Modular Homes Moves Forward in Allentown, PA Read More
During Q4 2015, 40 North Management sold its entire portfolio of Equity LifeStyle Properties (NYSE:ELS), unloading 108,321 shares for a transaction value of $7.8 million, reports everythinghudson. Other hedge funds, including Guggenheim Capital boosted its stake in ELS, adding 5,784 shares and now holds 83,853 shares valued at $6 million.
Positions Change in Shares of Stock of Equity LifeStyle Properties Read More
According to realtor.com, housingwire informs MHProNews while two of the hottest housing markets are in the Pacific Northwest and Florida, that is no help to first-time homebuyers. A survey focusing on Millennials revealed the top ten out of 100 metropolitan areas where first-time homebuyers can still find a good deal
Ten Cities where First-time Homebuyers can Find Deals Read More
In the news from CNNMoney: Richest men live 15 years longer than poorest men. Under Armour loses over five percent after loss by golfer Spieth in Masters. More than 13,000 Amazon customers have signed petition asking that Trump items be pulled from inventory. Bidders lining up for Yahoo! Student invents
MH-related Stocks Relatively Quiet; Cavco Industries Edges up the Most Read More
An NGO (non-governmental organization) set up by Nargis Latif in Pakistan recycles non-biodegradable plastic for making temporary shelters or housing units. Gul Bahao ( “Pour or spread the roses.” ) represents a low cost alternative to tents and other prefabricated housing units, according to what operationpakistan.wordpress tells MHProNews. The plastic
Housing Made of non-Biodegradable Plastic Read More
MHProNews has learned from wcbi that Maryville, TN-based Clayton Homes has acquired all the assets of River Birch Homes of Hackleburg, AL, effective immediately. Gerald Terrell and Delmo Payne combined their experience into River Birch in 1997. Payne said, “Since day one, our motto has always been: ‘Q. V. S.’
Clayton Homes Acquires River Birch Homes of Alabama Read More
What’s New in public focused Manufactured HomeLivingNews.com State Inspector Becki Jackson – Safety & Quality of Manufactured Homes What’s New in Manufactured Housing Industry Professional News Feb. HUD Code manufactured home production rises 27.6%. Notable deaths in the manufactured home community. Rent control inhibits new MHC development. Resident-owned community grateful
Sunday Morning Recap-Manufactured Housing Industry News April 3 April 10, 2016 Read More
Anisha S., 15, a student at Delhi Public School, East, was drawing homes built with blocks, as in Lego-type blocks. She was participating in Arun Swaminathan’s Designuru workshop on building modular homes that could later be disassembled and moved. The process does not require much space or skilled manpower, and
Portable Modular Homes: A Solution to Teeming India’s Housing Woes? Read More
Consumers growing pessimism about the economy is beginning to affect the housing market, reports nationalmortgagenews. In a monthly survey conducted by Fannie Mae, the GSE’s Home Purchase Sentiment Index fell 2.5 points from Feb. to 80.2 in March, the lowest reading in the past 18 months. The survey revealed the
Confidence in Housing and Job Markets Weaken in March Read More
MHProNews has learned from prnewswire that Eugene W. Landy, board president of manufactured home community (MHC) owner UMH Properties, Inc. (NYSE:UMH), announced that Richard H. Molke is retiring from the board after 30 years of service. The board of directors has chosen Kenneth K. Quigley, Jr. to serve out the
UMH Properties Replaces Retiring Board Member Read More
The New York Housing Association (NYHA) has informed MHProNews that Herbert Fiederer, Sr., 80, who with his wife, Patricia, owned Latham Homes of Oneonta, New York since 1972, passed away March 7, 2016 in Venice, Florida. The couple also owned four manufactured home communities in New York state. Members of
Passages: Herbert Fiederer, Sr., and Barry Ogden Read More
