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.
MHProNews has learned Capital One arranged the refinancing for Lakeside Mobile Home Community just northeast of Omaha, Nebraska at Carter Lake, Iowa, providing a $6 million adjustable-rate Fannie Mae loan for the 329-home site manufactured home community. Part of Inspire Communities, the funds will be used to retire older debt, […]
Lakeside Manufactured Home Community Receives $6M Fannie Mae Refi Read More
In the New York primary, with 98.8% of the votes tabulated, according to what politico tells MHProNews, Republican presidential candidate Donald Trump topped opponents Sen. Ted Cruz and Gov. John Kasich, winning 60.5 percent of the votes, 89 of the 95 delegates. Kasich earned 25.1 percent, picking up three delegates,
Trump Towers, Clinton Cruises to NY Win Read More
Writing in nreionline, R. Byron Carlock, Jr. of Price WaterhouseCoopers reminds MHProNews of the “invention” of the suburbs 70 years ago when Bill Levitt returned from the war and steered his family home construction business into building tract housing, appealing to the millions of returning veterans.`He envisioned mass-produced housing, eventually
National Real Estate Guru Affirms Manufactured Housing to meet Affordable Demand Read More
Joe Kelly, Executive Vice President of the Iowa Manufactured Housing Association (IAMHA), has notified MHProNews that he will lead a membership meeting Wed., April 27th at the Blackhawk Hotel in Davenport. Although the focus of the meeting is on community issues, he will also answer questions about retail issues since
IA Manufactured Housing Association Meeting around the State Read More
MHProNews has learned from amazonaws the Manufactured Housing Consensus Committee (MHCC) will sponsor a teleconference meeting on Wed., May 25, 2016 from 1 PM to 4 PM Eastern Daylight Time. A public meeting, citizens wanting to comment are encouraged to register in advance, and the MHCC will strive to include
MHCC set to Meet May 25, 2016 via Teleconference Read More
Joseph Stegmayer, CEO and President of Cavco Industries, Inc. (NASDAQ:CVCO) sold 20,000 shares of company stock valued at $1,798,099. based on a stock price of $89.90 per share. He now has 5.58 percent of Cavco’s market capitalization, owning 502,428 shares of company stock, according to clintongazette. Other large investors include
In Insider Trading…..Cavco, Drew and UMH Properties Read More
In the news from CNNMoney: Intel to cut 12,000 jobs, 11 percent of the workforce. The banana is under threat from a disease that is spreading across the globe. United Healthcare to leave most Obamacare exchanges. Chinese investors buying an Australian ranch the size of Ireland. Nordstrom cuts 400 jobs.
MHCV Advances +4.56 percent; Nobility Homes Gains +11.11 percent Read More
With weakness in all regions of the country except the Northeast, construction of new homes dropped 8.8 percent to a seasonally-adjusted annual rate (SAAR) of 1.09 million units in March, according to what heraldonline tells MHProNews, based on statistics from the Commerce Department. The slowest rate since October, it marked
New Home Construction Falls to Six Month Low Read More
The social action organization Architects for Society (AFS) has designed a hexagonal housing system for catastrophic situations that can be assembled by occupants-to-be. Designed to be shipped to disaster areas in pieces, the Hex House contains typical home amenities and can last 15 to 20 years. Multiple homes can be
Housing Complex Designed by Social Action Architects Read More
As part of a joint attempt to create more affordable housing in Waco, Texas, Clayton Homes in Waco is building a modular duplex to be sited on a lot owned by non-profit NeighborWorks, according to what wacotrib informs MHProNews. Each of the two 1,100 square foot units will feature three
Clayton, Next Step, NeighborWorks Collaborate on Low-income Housing Read More
The National Association of Home Builders (NAHB) informs MHProNews sentiment for home builders was unchanged for April, with the index remaining at 58 for the third successive month, according to marketwatch. Any number over 50 is positive for builders. The index is based on three sub-indices: the current state of
Home Builders Sentiment Remains Static; Attracting Workers Remains Problematic Read More
In the news from CNNMoney: Americans give the economy a “C” rating. Pulitzer Prizes handed out for the 100th year. Gun industry adds 24,763 jobs in 2015 following an unprecedented surge in gun sales, bringing total to 287,986 employed in the industry. Boston cancels North Carolina concerts because of LGBT
After Leading Gains for Two Days, Deer Valley Plunges Read More
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
