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 semi-annual Housing Confidence Index poll survey conducted by Zillow reveals that 65 percent of Millennials (18-34) and almost 70 percent of Hispanics agree with the connection between homeownership and the American Dream. Millennials in Los Angeles-Long Beach-Anaheim agreed the most, 86.9 percent, while that same demographic in Philadelphia agreed […]
Minorities, Millennials Still Believe in American Dream Read More
Updating a story MHProNews has been following since June 17, 2015 regarding the siting of 500 modular homes for the homeless in Dublin, Ireland, the first 22 homes slated for Ballymun that were set for completion by Christmas last, are now set to be ready for occupancy the end of
Dublin City Council Sets Timetable for Siting of Modular Homes for Homeless Read More
In the news from CNNMoney: Self-cleaning airplane bathroom may be on your next flight: three seconds of ultraviolet light will kill 99.99% of surface germs, clear odors. As Chipotle has lost steam to an E.coli outbreak, the fortunes of Panera have risen in the casual dining sector. Bond king Bill
MHCV Gains 3.14 Percent; AMG Advances 3.32 Percent Read More
Democratic National Committee (DNC) Chair Rep. Debbie Wasserman Schultz has teamed up with conservative lawmakers opposing Consumer Financial Protection Bureau (CFPB) regulations about predatory payday lending, feeding into a rift in the party already fractured by a bitter presidential primary. The agency is trying to disrupt the cycle of debt
DNC Chair Switches Teams over Payday Lending Read More
According to a survey by the American Bankers Association (ABA), the Truth-in-Lending/Real Estate Settlement Procedures Act integrated disclosures (TRID) that took effect Oct. 3, 2015, continues to leave a trail of vendor software problems, longer processing times, and closing delays that average eight days, although some have taken as long
TRID Rule Continues to Hamper Mortgage Lending Industry Read More
MHProNews has learned from 9news that Jefferson County, Colorado-based Caddis Capital Investments LLC has acquired two manufactured home communities (MHCs) in Arizona. The 210 home site Mesa Village in Mesa, AZ and the 169 home site El San Juan MHC in Peoria were purchased for $16.6 million. While the seller
Caddis Capital adds Two More MHCs to Portfolio Read More
The New Durham Estates manufactured home community (MHC) in Westville, Indiana will hold their annual open house and community-wide yard sale on Fri. and Sat., June 3 and June 4, from 9-5 PM, as michigancitylaporte informs MHProNews. Visitors are invited to see the pre-owned and new manufactured homes, tour the
New Durham Estates to Hold Open House Read More
A Hendersonville, North Carolina family intends to provide up to 21 new multi-section manufactured homes (MH) in a community for seniors, and will ask the Hendersonville City Council for a waiver of the city’s impact fee, as hendersonvillelightning tells MHProNews.. Cheria, Billy and Tony Duncan hope to buy Whiteside’s Green
Prospective MHC Owners Plan to Upgrade the Community with New Homes Read More
In the news from CNNMoney: Whistleblower to collect $51 million after Olympus Corp. agrees to pay $646 million in fines for bribery and kickback scheme. Saudis trying to steal Iran’s biggest oil customer. Former Chesapeake Energy CEO McClendon dies in fiery crash one day after being indicted by Feds for
Most MH-related Stocks Edge up Read More
The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews the new year’s production of HUD Code homes in January got off to a roaring start, as statistics from the Department of Housing and Urban Development (HUD) reveal 5,862 homes were produced. That is an increase of 17.9 percent over
New Year Begins with Energetic HUD Code Production Read More
NeighborWorks America, in acknowledging National Consumer Protection Week March 6-12, offers six tips to empower renters to protect themselves and make informed decisions. According to what marketwired tells MHProNews: You should avoid rental scams that require you to wire money or pay a security deposit before you have signed a
National non-profit Suggests Manufactured Housing as an Option to Renting Read More
American Homes 4 Rent, the “largest publicly traded single-family rental company,” has become larger as the result of its merger with American Residential Properties (ARP), a deal valued at $1.3 billion, and now owns 47,000 homes in 22 states, according to housingwire. Already on a fast track, from 2012 to
Astounding Growth for Single-family Home Rental Company Read More
MHProNews has learned from nottinghampost in the UK that modular builder Danzer Limited has reported a record year, having achieved a growth of 29 percent in profit “to September. 2015 with turnover up to £5.38m ($7.5 million).” Based in Langley Mill, a city in Nottingham, England, the family-owned modular construction
Modular Builder in UK sees Profit Grow 29 Percent Read More
Compared to a year ago January, CoreLogic tells MHProNews home prices rose 6.9 percent as reported by nationalmortgagenews. January 2015 home prices rose 1.3 percent over the previous month. Both percentages account for distressed sales, which include short sales and real estate owned transactions. Washington and Colorado had the highest
Home Prices Rose 6.9 Percent Year-over-Year Read More
In the news from CNNMoney: Court refuses to dismiss Trump University fraud case. Despite job and income growth in the U. S, confidence in the economy wanes. AAA says 75 percent of drivers are afraid of self driving cars, especially after a Google car hits a bus. U. S. in
Dow Advances 348 Points; MHCV Moves up to 1088.1 Read More
In an attempt to spur redevelopment in downtown Beaufort, South Carolina, the city’s Redevelopment Commission is proposing an arts overlay district where artists may sell their work, and small modular or manufactured homes to be sited on lots of existing homes. Located in the Northwest Quadrant of the historic district,
Off-site Housing Seen as Spur to Redevelopment in South Carolina Read More
Noting that his energy runs high on Election Day, Texas Manufactured Housing Association (TMHA) Executive Director D. J. Pendleton tells MHProNews the state races in Texas are just as interesting as the national races. Tea Party candidates are challenging long-time incumbents, and recently elected Tea Party legislators are being challenged
D.J. Pendleton: Texas Races are Hot—but Get Out and Vote Regardless Read More
Attributing the drop to tight housing inventories, which is limiting choices and increasing prices, the National Association of Realtors (NAR) says its pending home sales index fell 2.5 percent in Jan. to 106.0, the lowest level since Jan. 2014, as yahoofinance tells MHProNews. In percentages by region, only the South
Pending Home Sales Drop in January Read More
Drew Industries, Inc. of Elkhart, Indiana has acquired Flair Interiors, Inc., a manufacturer of recreational vehicle (RV) interiors with operations in Goshen and Fort Wayne, IN, through its wholly-owned subsidiary, Lippert Components, Inc. (LCI®) for $8.1 million, according to streetinsider. Sales of Flair for 2015 wee approximately $25 million. Drew’s
Drew Acquires Manufacturer of RV Interiors Read More
Since 1997 there have been walls and rooms without roofs at the Buffalo Home Show in New York, but this year there will be a whole modular home inside the Buffalo Convention Center, according to niagara-gazette. Glenn Drew of Stylecraft Homes, the builder of the home, said the last time
Buffalo Home Show to Feature Modular Home Read More
