Manufactured and Modular Housing News

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.

Equity LifeStyle Properties Declares Q1 Dividends

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

Fannie Mae Survey Indicates Consumer Confidence Rising on Housing Market

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

Modular Homes already Sold in Manchester, England

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

Skyline Corp. Jumps +5.49%, as Louisiana Pacific Falls -5.73%

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

Complaints Continue in Ireland about Delays on Modular Homes

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

Another Manufactured Home Community in New Hampshire Converts to Resident-Owned

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

Bill Eases Transit of Factory-built Homes

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

Canadian Home Show will Feature Modular Homes

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

Institutional investors Increase Stake in Equity LifeStyle Properties, Inc.

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

Dow Climbs Back Above 17k; Most MH-related Stocks Gain

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

Developers Need Guidelines for New Manufactured Home Community

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

Sunday Morning Recap-Manufactured Housing Industry News Feb. 28-March 6, 2016

What’s New in public focused Manufactured HomeLivingNews.com Rancho El Mirage, new 55+ Manufactured Home Community Opening near Yuma, AZ Tired of renting? Get the Scoop on Manufactured Homes What’s New in Manufactured Housing Industry Professional News American Dream lives. HUD Code production starts year strong. Patrick, Drew Industries acquire ancillary

Sunday Morning Recap-Manufactured Housing Industry News Feb. 28-March 6, 2016 Read More

Rep. David Scott: GSEs should Purchase Chattel Loans

In a letter to Melvin Watt, Director of the Federal Housing Finance Agency (FHFA), Rep. David A. Scott (D-GA) reminds Dir. Watt the Housing and Economic Recovery Act (HERA) pinpointed manufactured housing (MH) as an underserved market. Noting the importance of MH as a source of homeownership for millions of

Rep. David Scott: GSEs should Purchase Chattel Loans Read More

Sun Community Shareholders Buy and Sell Shares

MHProNews has learned from thevistavoice that Russell Frank Co. has diminished its stake in Sun Communities, Inc. (NYSE:SUI) by 8.1 percent in Q4 of 2015 as reported to the Securities and Exchange Commission. After selling 47,319 shares of stock, the company owns 537,417 shares, now owning 0.99 percent of the

Sun Community Shareholders Buy and Sell Shares Read More

Patrick Industries Acquires Electronics Distributor

MHProNews has learned from prnewswire that Elkhart, Indiana-based Patrick Industries, Inc. (NASDAQ:PATK) has acquired The Progressive Group, a distributor and manufacturer’s representative for major name brand electronics serving 16 states that are primarily in the Midwest and Intermountain regions. The company’s customer base includes small to large retailers, other distributors

Patrick Industries Acquires Electronics Distributor Read More

Rent Control termed a Form of Price Fixing

As part of the city’s overall affordable housing strategy, the Arcata (Calif.) City Council has approved a mid-year appropriation of $35,000 to develop a plan to balance the needs of manufactured home community (MHC) residents against those of the MHC owners, and avoid rent control/rent stabilization measures for the city.

Rent Control termed a Form of Price Fixing Read More

Northstar Added to Stock Lineup; Dow Crosses back across 17k Mark

In the news from CNNMoney: Oil ends week above $36/bbl. Dow and S&P500 gain 2.2 percent for the week. BP lost $5.2 billion but CEO’s bonus increased 40 percent. World is running low on single malt scotch. 242,000 jobs added in February, although wages slipped -0.10 percent. Single women get

Northstar Added to Stock Lineup; Dow Crosses back across 17k Mark Read More

On Site Completion of Construction of Manufactured Homes Frequently asked Questions

This HUD issued document deals with all the aspects the title implies: the monitoring contractor who oversees the PIAs on site work, identification of DAPIAs (Design Approval Primary Inspection Agency), site construction and alternate construction, is there a preferable format for a DAPIA’s approval or rejection, the level of detail

On Site Completion of Construction of Manufactured Homes Frequently asked Questions Read More

Rent Increase at Calif. MHC has Residents Worried

Residents of La Linda Mobile Homes in Corona, California received a notice from the owners of this 132 home site manufactured home community that rents will rise from $650 a month to $779 a month because of property taxes, leading many of the homeowners to ask the city for help.

Rent Increase at Calif. MHC has Residents Worried Read More

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