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.
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
Built by Beracah Homes, a modular homeless shelter for female veterans has just been sited in Milford, Delaware adjacent to a facility for male veterans, in use since 1996, according to capegazette.villagesoup. Staffed by Home of the Brave personnel, as MHProNews has learned, the new two-story, four bedroom home, which
Modular Home Houses Homeless Female Vets Read More
In the news from CNNMoney: Stocks have not been this expensive in seven years. McDonald’s boosted by breakfast revenues. Sears closing ten stores and 68 Kmarts. American Airlines extends lower fares through 2017. Airbnb for dogs. Restaurant of the future: order on a mobile app, nutritious food ready in 90
Skyline Corp. Advances Strongly for Second Consecutive Day Read More
Southfield, Michigan-based Sun Communities, Inc. (NYSE:SUI) announces that it will release its first quarter financial results on Tue., April 26, 2016, before the market opens. That will be followed by a conference call at 11 A. M. eastern time to discuss the results, according to benchmarkmonitor. Sun closed down -1.68
Sun Communities To Announce Quarterly Results Read More
Sears was a pioneering mail-order company that sold watches, underwear, furniture, appliances—and from 1908 to 1940 sold 100,000 homes through a catalog. As the timesununion states, “The pieces arrived packed in boxes that contained lumber, cut to length and numbered for convenience, as well as shingles, doors, windows, molding, plumbing,
Sears & Roebuck Homes Presaged HUD Code and Modular Homes Read More
According to seekingalpha, Universal Forest Products, Inc. (NYSE:UFPI) notched its best first quarter ever, posting Q1 sales of $682.2 million, 7.8 percent over the 2015 numbers, and $3.35 million better than the consensus estimates. The unit volume increased in all markets by an aggregate of nearly 13 percent. EBITDA (Earnings
Universal Forest Products Posts Record Revenue Read More
The National Association of Realtors (NAR) tells MHProNews that sales of existing homes rose 5.1 percent in March from the prior month to a seasonally-adjusted annual rate (SAAR) of 5.33 million, beating economists’ expectation of 4.3 percent and a rate of 5.30 million. Stephen Stanley, chief economist at Amherst Pierpont
Sales of Previously-owned Homes Rises in March Read More
In the news from CNNMoney: Gender pay gap in medical field as well: female doctors earn 24% less. United Continental airlines’ stock fell ten percent. U. S. weekly jobless claims hit 42-year low. VW will repurchase or repair nearly 500,000 diesel cars that cheat on emissions. Best job prospects in
Skyline Corp. Spikes 17.26%; UFPI falls -5.21% Read More
The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews a letter from the U. S. Department of Housing and Urban Development (HUD) to David A. Tompos, president of NTA in Nappanee, IN indicates HUD has hired SEBA Professional Services, LLC to review installation manuals for manufactured homes (MH). The
MHARR Criticizes Danner, HUD for Violating the MH Improvement Act of 2000 Read More
While the emphasis is clearly on recreational vehicles at the 42nd annual Puyallup (Wash.) RV Show, April 28 thru May 1 at the Washington State Fair Event Center, several manufactured homes will also be on display, as pressreleaserocket informs MHProNews. A product of the MHRV Show Association, opening day will
Puyallup RV Show will Include several Manufactured Homes Read More
Habitat for Humanity relies on volunteers to not only build the homes but also to appraise them, as well as participate in other aspects of the build, according to daltondailycitizen, and that may be in violation of the law. Because of allegations that appraisers were open to influence by lenders
Dodd-Frank: Sticking it to Habitat for Humanity? Read More
In the news from CNNMoney: Coca-Cola stock falls 5%. Harriet Tubman will grace the $20 bill. Brazil loses millions of jobs amid political crisis. Wegmans chosen as top grocery store in the U. S. followed by Publix and Trader Joe’s, all three of which are privately-owned. Saudi Arabia hurrying to
MHCV Advances +1.14 percent; Northstar gains most of MH-related Stocks Read More
Seeking to strengthen its ties in South America, Calgary, Alberta, Canada-based ATCO Group has acquired a 50 percent stake in Chile’s Sabinco Soluciones Modulares S. A., a space rental and workforce housing firm that accounts for ten percent of the modular housing market in Chile. Although it was not disclosed
Canada’s ATCO Acquires Stake in Chilean Modular Housing Company Read More
