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.
Following an unanimous vote by the Village Board of Trustees, Mayor Trevor Bissey of Clay City, Illinois announced the Clay City Residential Housing Incentive Program (RHIP), which will enable owners and developers wanting to build new homes or site modular homes in the Village, to utilize several property and sales […]
Modular Home Development may Result from a Housing Incentive Program Read More
Tom Scott, the California Executive Director of the National Federation for Independent Business (NFIB), writing in ocregister, says President Obama’s choice for the Supreme Court, Merrick Garland, has a history of ruling against small business, siding overwhelmingly with regulators, labor unions, trial lawyers and environmental activists. Noting Judge Garland would
Judge Garland has Ruled against Small Employers in the Past Read More
In the news from CNNMoney: Economic collapse worse than feared in Brazil. Puerto Rico might have to cut its minimum wage. Dow gains 1200 points in March. Standard & Poor says China will require more time than originally anticipated to implement economic reforms. Oil crunch has hurt defense budgets of
Patrick Falls -6.49 Percent, while Skyline Advances +2.32 Percent Read More
MHProNews has learned from sussexpilot that Robotti Robert sold 6,025 shares of Cavco Industries, Inc. (CVCO), according to the most recent filing, and now holds 180,427 shares valued at $16.2 million. Cavco now comprises 6.77 percent of Robotti’s portfolio. Other hedge funds reported trading in Cavco stock include Parametric Portfolio
Hedge Funders Actively Trading in Cavco Stock Read More
The affordable housing state law Chapter 40B that requires ten percent of a municipality’s housing stock in Massachusetts to be considered affordable, does not now include manufactured homes (MH), even though the income eligibility of MH residents is met. Officials of Carver, MA are seeking an exemption from that rule
Town Wants Exemption from Law that Disallows Manufactured Homes as Affordable Read More
MHProNews has learned from prnewswire that manufactured home community (MHC) owner UMH Properties, Inc. will release first quarter 2016 financial results after the market closes on Mon., May 9, 2016, followed by a conference call to discuss the results the next day, Tue., May 10 at 10:00 AM eastern standard
UMH Properties to Release Q1 Financials Read More
In the news from CNNMoney: India would be delighted to take the extra oil being pumped by OPEC. Stocks hit highest level in 2016. Possible sabotage to oil pipelines in North Africa advancing prices. U. S. consumer spending rises, but income has fallen. Boeing is cutting 4,000 jobs. AP refutes
Most MH-related Stocks quiet, but Patrick Gains +2.38 Percent Read More
MHProNews last posted a story Oct. 14, 2015 regarding FEMA manufactured homes (MH) arriving at Ellsworth Air Force Base in South Dakota, as a staging area to distribute them to flood victims from May 2015 storms on the Pine Ridge Indian Reservation. A major milestone has been reached with the
100th Manufactured Home Sited on Pine Ridge Reservation Read More
Guy Lebida, owner and manager of the Bowdoin Pines Mh Park in Bowdoin, Maine, is running for the Maine Senate, District 23, representing Sagadahoc County and Dresden. A Republican, if elected he would focus on welfare reform, decreasing energy costs and lowering taxes, according to centralmaine. According to a news
Land Lease Community Owner running for Maine Senate Read More
Several possibilities are being bandied about in an attempt to increase affordable housing in the middle Roaring Fork Valley around Basalt, Colorado, just northwest of Aspen. One project that complies with Basalt’s affordable housing requirements envisions 60 small single-family homes and 96 multi-family units in four separate buildings. Meanwhile, the
Manufactured Home Community may Expand to Increase Affordable Housing Read More
A new Kelowna, British Columbia, Canada company intends to capitalize on the housing shortage in this city east of Vancouver by converting shipping containers into homes, as globalnews.ca tells MHProNews. Honomobo owner Devon Siebenga said his homes will range in size from 320 to 649 square feet, by combining up
Modular Container Homes Proposed for Homeless in BC Canada Read More
Forcht Bank of London, Kentucky has joined the SmartMH KY Alliance, an initiative to provide increased access to EnergyStar manufactured homes through flexible loan plans that save MH (manufacture home) owners money, while assuring them of low utility bills in the future, saving thousands over the life of the home.
NextStep Sponsors Lending to Buyers of EnergyStar Manufactured Homes Read More
In the news from CNNMoney: Fed Chair Janet Yellen says global risks could damage U. S. Delta pilots seeking 40 percent pay hike. U. S. has lost five million manufacturing jobs since 2000. Fracking leaves 7.9 million in jeopardy in parts of Texas and Oklahoma, exposing them to risk similar
Skyline Corp. Shines for 3rd Consecutive Day; All Active MH Stocks Rise Read More
Vanbrugh Construction in Wolverhampton, in the West Midlands area of the United Kingdom, hopes to obtain contracts to build more steel-framed modular housing as it nears receiving Local Authority Building Control for its system. Four years into building modular housing, the company’s latest project is two three-bedroom homes in Wessex
Three Week Construction Time for Modular Homes in UK Read More
The National Association of Realtors (NAR) reports its pending home sales index of existing homes rose 3.5 percent in Feb., to 109.1, the highest level in seven months, as cnbc tells MHProNews. With Jan.’s rate revised to indicate a three percent decline, lower than initially perceived, the fluctuating numbers make
Pending Home Sales Rise in February Read More
As losangelesmirror informs MHProNews, Patrick Industries, Inc. (NASDAQ:PATK) now comprises 3.75 percent of Rk Capital’s Management portfolio by virtue of Rk having acquired an additional 214,484 shares of stock. The fund owns 458,277 shares valued at $20.9 million as of last quarter’s end. Headquartered in Elkhart, Indiana, Patrick is a
Hedge Funds Busy Trading MH Component Supplier Patrick Ind. Read More
The Vantage Glen manufactured home community (MHC) in Renton, Washington is celebrating its 30th anniversary this month, as rentonreporter tells MHProNews, with some of the original residents in attendance. Developed and still managed by the King County Housing Authority (KCHA), at the time the award-winning 164-home site MHC was considered
Manufactured Home Community Celebrates 30 Years with Original Residents Read More
Chief Financial Officer (CFO) Jeff Kaminski of KB Homes, the eighth largest homebuilder in the U. S. says the new housing crisis is being caused by the lack of homes, which in turn raises prices of existing homes, pricing many people out of the market. First-time KB home buyers in
Manufactured Home Opportunities may Derive from Tight Housing Market Read More
In the news from CNNMoney: California raising minimum wage to $15. Computer virus infects system at MedStar Health, a chain of ten hospitals and dozens of clinics—FBI investigating. China’s Anbang Insurance Group in bidding war for Starwood hotel chain with Marriott. Pandora shares fall 10 percent upon return of founder
Skyline Corp. Skyrockets for Second Consecutive Day Read More
The ongoing campaign challenge to eliminate the remaining $2 million debt of the RV/MH Hall of Fame and Museum, pitting the MH industry against the RV industry, with a goal of $1 million each, reveals the manufactured home industry is way ahead, $674,750 to $132,500. Chairman and president of the
HUD Coders Outpace the RVers in Hall Campaign Challenge Read More
