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: Electric bicycle can go up to 40 MPH. Trade pacts have cost some loss of middle class jobs, but so has technological change. FCC wants internet service providers to get permission from customers to share personal info with third party affiliates. Trump’s modeling agency broke […]
Most MH-related Stocks Fall, but UMH Rises Read More
Year-over-year as of Jan., 2016, the number of homes priced below $100,000 fell by 8.6 percent, as the less expensive homes got snapped up quickly, while the homes priced over $1 million grew by 15 percent, according to the National Association of Home Builders (NAHB), as mpamag informs MHProNews. The
Inventory of Starter Homes Continues Diminished Read More
MHProNews has learned from hometownlife that RHP Properties has acquired the 289 home site Wayson’s Manufactured Home Community (MHC) in Lothian, Maryland. RHP CEO Ross Partrich said, “RHP Properties is pleased to add Wayson’s Manufactured Home Community to our portfolio of high quality communities,” said Partrich. “This desirable community boasts
RHP Properties Acquires another Manufactured Home Community Read More
With the cost in San Francisco to build a new home running around $700,000 to $800,000, thereby pricing many middle-income and working class people out of the market, one company has begun building modular apartment buildings. BRIDGE is a non-profit developer, and as such can receive government funding and tax
Modular Apartment Complex will be Bay Area’s First Read More
Iowa American Water has acquired the water systems in three YES! Communities in Davenport, Iowa, adding 850 customers to its roster, as qconline tells MHProNews. Residents of Five Seasons, Lakewood Estates and Silver Creek manufactured home communities (MHC) have been receiving water from Iowa American but through a re-sale agreement.
Water Company Acquires Water Systems in Manufactured Home Communities Read More
When Darryl Searer agreed to a one-year commitment to volunteer as president of the RV/MH Heritage Foundation and the RV/MH Hall of Fame (Hall), little did he know his passion for the position would grow to four years—and counting. Little did industry leaders realize the extent to which he would
RV/MH Leaders Applaud Darryl Searer’s Fourth Year Leading the Hall Read More
In the news from CNNMoney: Cheap oil is crushing Middle Eastern countries. Donald Trump’s suits and ties are made in China. Shake Shack may be losing the burger wars. Olive oil prices rose 20 percent in 2015. Google launches travel service. UK’s Powa Technologies once worth $2.7 billion, now bankrupt.
MHCV Spikes +7.23%; Cavco Moves up the Most of Tracked Stocks Read More
According to constructiondive, developers are saying that building permit processing time has increased from four months in 2011 to seven months in 2015, reports the National Association of Home Builders and The Wall Street Journal (wsj). In more active markets, like California and Florida, the American Institute of Architects (AIA)
Longer Permit Processing Times Adding to Costs Read More
Australia’s Gateway Lifestyle Group has acquired six manufactured home communities (MHC) for $49.3 million ($36.975 USD), according to theaustralian.co.au. The communities are located in New South Wales, Queensland and Victoria, adding 1180 home sites to its portfolio—428 occupied sites and 752 sites ripe for development. The acquisition, expected to close
Expansion Underway for Australian’s MHC owner Gateway Lifestyle Read More
MHProNews has learned the board of directors of Equity LifeStyle Properties (NYSE:ELS) has announced a dividend of $0.425 per common share will be paid on April 8, 2016 to shareholders of record as of March 25, 2016. On an annualized basis this represents a dividend of $1.70 per share. Moreover,
Equity LifeStyle Properties Declares Q1 Dividends Read More
According to the National Housing Survey questions that Fannie Mae asks consumers each month, the GSEs Home Purchase Sentiment Index rose to 1.2 percent to 82.7 in Feb. over Jan., as nationalmortgagenews informs MHProNews. Consumers who said their income was noticeably greater than 12 months ago increased three percentage points
Fannie Mae Survey Indicates Consumer Confidence Rising on Housing Market Read More
Updating a story MHProNews last posted Jan. 18, 2016 concerning Urban Splash’ 43 affordable modular homes in New Islington, Manchester, England, all 43 of its hoUSe project have been completed and sold, according to what placenorthwest.co.uk tells MHProNews. Designed by architect shedkm, this is the first phase in Manchester of
Modular Homes already Sold in Manchester, England Read More
In the news from CNNMoney: Goodyear developing spherical tires for cars to move multi-directional. People who had quit looking for work are now finding jobs. Average bonus for Wall St. employees last year was $146,200, totaling $25 billion on bonus day. China exports shrank 20 percent last month. Sponsors drop
Skyline Corp. Jumps +5.49%, as Louisiana Pacific Falls -5.73% Read More
Following a story MHProNews has reported on numerous times, the last being March 3, 2016, about Dublin, Ireland’s plans to erect 500 modular homes in several different areas of the city to house the growing number of homeless families, one Councillor had harsh words to say about the delays. Slamming
Complaints Continue in Ireland about Delays on Modular Homes Read More
The 32-homesite Ladd Hill Mobile Home Park just became the 118th manufactured home community (MHC) in New Hampshire to convert from privately owned to resident-owned, as citizen informs MHProNews. Now called Ladd Hill Cooperative, Inc., the Belmont, NH community deal was finalized March 1, and the purchase price of $525,000
Another Manufactured Home Community in New Hampshire Converts to Resident-Owned Read More
According to what chippewa tells MHProNews, Wisconsin State Senator Terry Moulton (Chippewa Falls-R), representing the 23rd District, authored a bill signed by Gov Scott Walker that will ease transport on Wisconsin roads for delivery of manufactured and modular homes. Canada has been an active buyer of U. S. factory-built homes
Bill Eases Transit of Factory-built Homes Read More
MHProNews has learned from the peterboroughexaminer in Peterborough, Ontario, Canada that the annual Peterborough Home, Outdoor and Design Show will, for the first time, feature two modular homes by Green Terra Homes of Trenton, Ontario. Green Terra offers a steel, two-bedroom modular home for $76K ($57 USD), a three-bedroom modular
Canadian Home Show will Feature Modular Homes Read More
According to a recent 13F filing with the Securities and Exchange Commission (SEC), Daiwa Securities Group, Inc. boosted its stake in Equity LifeStyle Properties, Inc. (NYSE:ELS) by 13,939.8 percent, adding 348,494 shares to its portfolio. As hilltopmhc tells MHProNews, Daiwa now has a 0.42 percent stake in ELS valued at
Institutional investors Increase Stake in Equity LifeStyle Properties, Inc. Read More
In the news from CNNMoney: Iron ore has risen 54 percent since beginning of the year, including 17 percent today. ISIS declining oil output has fallen from estimated 50,000 bbls/day to 20,000 bbls/day. Federal Reserve Vice Chairman Stanley Fischer confident in American economy. Economic experts rate economy B+. Saudi Arabia
Dow Climbs Back Above 17k; Most MH-related Stocks Gain Read More
MHProNews has learned from postregister that realtor Kevin Murray of Keller Williams of Idaho Falls, Idaho told the the Jefferson County Commission that developers have expressed an interest in building a medium-sized manufactured home community (MHC) in Jefferson County but they have no direction on developing an MHC. “You currently
Developers Need Guidelines for New Manufactured Home Community Read More
