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.
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
In the news from CNNMoney: Postage prices set to decline. Americans may soon need visas to go to Europe. Casino owner Steve Wynn says no one wants to be around poor people. Keystone pipeline leak 90 times worse than first reported. Under Armour is no longer an underdog. India’s population
MH-related Stocks Close Mixed; Drew Industries Edges up the Most Read More
In hedge fund trading, Robotti Robert bought 50,000 shares of manufactured and modular home producer Skyline Corp.(NYSE:SKY), and as of Q4 2015 controls a total of 64,700 shares valued at $379,142. After selling 1,383 shares of Skyline stock during the fourth quarter, Vanguard now owns 138,999 shares with a value
Skyline and Sun: Manufactured Housing Insider Trading Read More
A proposed federal regulatory change could conceivably prevent tiny-home dwellers from living in their homes, which they say is an example of the government telling them how they can live, reports cleveland to MHProNews. As of last week, HUD had received 4,000 letters from angry supporters of the homes, which
Local and State Regulations cover Tiny Homes, not HUD Read More
The blogger for modularhomecoach has high praise for Simplex Homes of Scranton, Penn., builder of modular homes and commercial buildings, saying they do exceptional work. The Morris Plains Housing Authority in Morris Plains, NJ chose Simplex to build the 87 modules for the 56-room apartment complex with Del-Santo
Fifty-six Room Modular Apartment Rises in Six Months Read More
According to the Homebuyer Insights Report from Bank of America, first-time homebuyers are not considering starter homes, reports nationalmortgagenews. The report revealed that 75 percent of new homebuyers prefer to buy a larger home to begin with. Additionally, 35 percent of those surveyed plan to retire wherever they buy. MHProNews
First-time Homebuyers Want Larger Home Read More
A proposal to allow 20 manufactured homes (MH) on an already serviced property that has two MH did not trigger any opposition at a public hearing held at the Bradley Center in Parksville, British Columbia, Canada. According to pqbnews, Area F Director Julian Fell said the neighborhood is a natural
Proposal to Enlarge Canadian Manufactured Home Community Likely to Pass Read More
In the news from CNNMoney: China has stopped bleeding cash…for now. Dow has worst day in six weeks. U. S. vows to crack down on shell companies as tax dodges. Here comes the worst earnings season since the Great Recession. Angola, hurt by falling oil prices, asks IMF for a
Dow Tumbles 174 Points; MHCV Drops 2.42 % Read More
MHProNews has learned from thenational.ae that Saudi Arabia’s Red Sea Housing Services Co., which provides temporary and permanent modular housing to companies involved in the mining, oil and gas industries working in remote locations, has acquired Malaysia’s AM Modular for $7 million. Red Sea, which will pay $3 million in
Red Sea Housing Acquires Malaysia’s AM Modular Read More
There is a huge focus on encouraging Millennials—who are mostly single– to come out of their parents’ basements and buy a house or at least rent an apartment, even a “micro unit,” or some form of communal living, as we are underserved by affordable housing, especially in large urban, coastal
Affordable Multihousing Developer Set to Build Modular Workforce Housing Read More
Chase’s PRO Neighborhood’s $125 million program for disadvantaged neighborhoods nationwide provides funding to acquire, upgrade and provide affordable housing in areas headed for gentrification. Another PRO aspect is working with Community Development Financial Institutions (CDFI) to pool resources and build health and education facilities as well as support community services.
JPMorgan Chase Project Adds Affordable Housing, Creates 2,650 Jobs Read More
Residents of Desert Cove Mobile Home and R-V Park in Tuscon, Arizona are having to move after being told by manager John Hydrick the community has utility problems that the owner cannot afford to repair, according to what tucsonnewsnow tells MHProNews. Originally given 30 days to leave because the community
Tucson Manufactured Home Community Closing, Residents Receiving Assistance Read More
In the news from CNNMoney: Fiat Chrysler to cut 1,300 jobs. Fed officials divided over April rate hike. Law firm at center of Panama Papers helped create over 1,000 firms, many of which are no longer active. United drops plans to take over Delta’s business at Newark airport. America’s economy
MHCV Outperforms Dow, ending at 1280; Louisiana Pacific Gains +2.75% Read More
