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 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
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
