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 Carlyle Group LP (NYSE:CG), investor in several manufactured home communities, was expected to earn $0.18 per share (EPS) for the first quarter of 2016, according to what analysts at Jefferies Group had predicted, down from their previous forecast of $0.35 per share earnings. Jefferies has a “Hold” rating on […]
Carlyle Group’s EPS Estimate nearly Halved Read More
Following a story MHProNews last posted July 22, 2015 regarding the Huntsville (TX) City Council attempt to prohibit manufactured homes (MH) inside the city, the council will consider two ordinances relating to manufactured homes at their meeting Tue., April 19, 2016, according to itemonline. Previously, when the city council was
Texas City would Restrict Manufactured Housing to under 20 Years Read More
What’s New in public focused Manufactured HomeLivingNews.com Quality Control Manager report-Highland Mobile Home Park, St Petersburg FL What’s New in Manufactured Housing Industry Professional News Montana town to proposed MHCs: one yes, one no. Building material made from hemp. Manufactured homes do not qualify as affordable homes—yet. Modular homes for
Sunday Morning Recap-Manufactured Housing Industry News April 10–April 17, 2016 Read More
The 15 home site manufactured home community, Ward’s Park, in Portsmouth, New Hampshire is the most recent manufactured home community (MHC) in the state to become a resident-owned community, as nhpr.org tells MHProNews. New Hampshire is one of a handful of states with a right-to-purchase law that gives residents of
Another New Hampshire Manufactured Home Community becomes Resident-owned Read More
The newest material for building a home that MHProNews has discovered is hempcrete, a combination of hemp stalks (called hurds), limestone and water to form twelve-inch thick walls for support and insulation in building a 400 square-foot unit called HempHome:T+. The material is also resistant to fire, mold and pests,
Tiny Modular Home Constructed of Hempcrete Read More
While the Laurel City-County Planning Board in Montana turned down three requests for a variance for Regal Community Park, a proposed manufactured home community, after neighbors expressed concerns over falling property values, the board did vote 3-1 (with one abstention) for a zone change to allow for a manufactured home
Montana Town Planning Commission Approves one MHC, Denies another Read More
In the news from CNNMoney: FBI says cyber-extortion losses sky rocket. NBA will allow ads on players’ jerseys. Ted Cruz vows 5% economic growth. Pope Francis and Sen. Bernie Sanders want a moral economy. Trump and Cruz predict stock market “crash.” Africa’s four top economies are in trouble. Delhi’s car
Deer Valley Gains Most Second Successive Day Read More
MHProNews has learned from prnewswire that Patrick Industries, Inc. (NASDAQ:PATK) of Elkhart, Indiana will release it’s first quarter 2016 financials on Thurs., April 28, 2016 before the market opens. Officials of the company, including CEO Todd Cleveland, President Andy Nemeth and CFO Josh Boone will host a conference call that
Patrick Industries Set to Release Q1 Financials Read More
Sweden is swarming with refugees, creating a housing crisis which the government wants to address with modular homes, which is setting off swarms of criticism from the left and the right. According to sputniknews, the opposition states the homes will have outlived their usefulness after 10-15 years and will be
Refugees Swelling need for Modular Housing in Sweden Read More
For Q3 of 2016, manufactured and modular home builder Skyline Corp. (NYSE:SKY) reports net sales from continuing operations rose 25 percent over same quarter 2015, $47,697,000 versus $38,109,000. The report also reveals a net loss from continuing operations of $514,000, much lower than the loss of $2,911,000 in Q3 2015.
The Sky is Becoming Sunnier at Skyline Read More
Following a story that MHProNews last reported March 31, 2016 regarding officials of Carver, Massachusetts attempting to have manufactured housing classified as affordable housing to comply with state requirements, Town Meeting voters support a petition to the state legislature asking for an exemption, but with some dissension. The state requires
Town Hopes Manufactured Homes can Qualify as Affordable Housing Read More
In the news from CNNMoney: Mexico forced to rescue oil giant Pemex. Toxic oil loans creating big trouble for big banks. Top U. S. companies holing $1.4 trillion offshore. This year 236,000 foreign workers applied for H1-B, the most common work visa, up from 172,500 in 2014. Delta no longer
Deer Valley Gains +10.90 percent; Nobility Homes Drops -3.57 percent Read More
All the rustic charm of the old English Shepherd’s Hut is captured in the tiny homes of Contemporary Shepherd Huts but with added modern touches like a skylight that runs the length of the home, kitchen and bathroom. The traditional shepherd huts were made for taking a snooze after a
Shepherd’s Hut Re-introduced as Tiny Home Read More
As housingwire tells MHProNews, in the opening rounds of the legal battle between PHH and the Consumer Financial Protection Bureau (CFPB) being heard in the U. S. Court of Appeals for the District of Columbia Circuit, one judge questioned the authority of the CFPB in general, and that of Director
CFPB Hammered over Abuse of Power Read More
MHProNews has been informed by therealdeal that Zachary Taylor RV Park in Okeechobee, Fla. was acquired by Coastal Income Properties for $3.3 million from a private seller. Capstone Manufactured Housing, based in Charlotte, North Carolina, brokered the transaction, led by Deucie Bies and Kevan Enger, the fourth manufactured home community
Manufactured Home Community Sells for $3.3 Million Read More
Even though years may have gone by since they last owned a home, losing a home to foreclosure has turned many people off to the whole process of buying a home. Dan Sullivan, a foreclosure prevention specialist in Pittsburgh, said he has seen people who have worked for five or
Foreclosure Continues to Haunt One-time Homeowners Read More
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
