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.
MHProNews has learned from bizjournals that Erlanger, Kentucky-based SSK Communities has acquired Hickory Hills manufactured home community in Florence, Kentucky, marking SSK’s third acquisition this year. The community is adjacent to SSK’s Mosby Pointe, and residents of Hickory Hills will have access to amenities at Mosby, including the clubhouse and […]
SSK Acquires Hickory Hills MHC in Kentucky Read More
In the news from CNNMoney: China is on a massive gold buying spree. Airline flights getting cheaper. Fed Chair Yellen expresses caution about economy, not sure of another rate hike. Yelp is struggling. Twitter is losing customers as stock falls. Whole Foods may be over its downward spiral. Happy Birthday
Patrick Advances +2.70%, as Most Stocks are Quiet Read More
MHProNews has learned from einnews that William Sheffer will assume the helm of the Michigan Manufactured Housing, Recreation Vehicle and Campground Association (MMHRVCA) in the wake of the retirement of 38-year Executive Director veteran Tim DeWitt. Sheffer has been director of the MMHRVCA since 1995, and will assume the new
William Sheffer takes Helm of Michigan Association Read More
The Consumer Financial Protection Bureau’s (CFPB) TILA-RESPA Integrated Disclosures rule, or TRID, that went into effect in Oct. has a slight typographical error in the supplementary information, as housingwire tells MHProNews. The section in question deals with the application of tolerances to property insurance premiums and taxes, homeowner’s association dues,
CFPB Corrects Typo in the TILA-RESPA Rule Read More
Following a story MHProNews last reported Oct. 19, 2015 regarding housing the homeless in converted modular shipping containers in Honolulu, Hawaii, the last of the 25 units has arrived at Hale Mauliola on a patch of Sand Island. Each home has a programmable combination lock, screen doors and windows, and
Homeless Residents Occupying Modular Container Homes in Honolulu Read More
The Vermont Economic Development Authority (VEDA) has approved $14.4 million in loan and bond financing for a variety of projects throughout Vermont, according to what MHProNews has been informed by vermontbiz. Funding of $300,000 was approved to assist Vermod High Performance Manufactured Housing, LLC, a producer of energy-efficient modular homes
Producer of High Tech Manufactured Homes Obtains Loan to Buy Facility Read More
The conventional rule of thumb in the New Hampshire presidential primary told us that many, if not most voters, don’t decide for whom they will vote until right before they cast their ballot. This year may have been the exception, as the polls that emerged in the run up to
Trump Thumps Rs, Hill feels the Bern in NH Primary Read More
The monthly National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) reveals the cost and availability of labor remains the biggest hurdle for builders, and is expected to continue as a problem throughout this year. During the Great Recession tradespeople left the industry by the thousands because jobs
Labor and Lot Shortage could Hinder Housing Market Recovery Read More
In the news from CNNMoney: U. S. has near record 5.6 million jobs open. Sears is closing 50 stores. Only seven stocks in the NASDAQ 100 are up this year. World’s second largest diamond, 1,111 carat stone found in Botswana, now named Lesedi La Rona, “Our Light” in Setswana, the
Patrick Falls over Nine Percent as Oil Drops below $28/bbl Read More
In order to offer its citizens a more affordable housing option, the town of Penhold in Alberta, Canada is proposing a 200+ site manufactured home community, as innisfailprovince.ca tells MHProNews. Kristina Schmidt, Penhold’s planning and development officer, recommends amending the Land Use Bylaw zoning to allow for increased density on
Manufactured Home Community Planned in Alberta, Canada Read More
Once again, as MHProNews reported June 19, 2013, the First State Manufactured Housing Association (FSMHA) is offering four scholarships of up to $1,000 to residents of a manufactured home (MH) in Delaware. Applicants must be a resident of the state and have lived in an MH for at least one
First State MHA Offering Scholarships up to $1k Read More
MHroNews has learned from prnewswire former president of Goldshield Fiberglass Jeff Newport has been chosen by Skyline Corp. of Elkhart, Indiana as Vice President of Operations, overseeing the manufacturing, purchasing and quality operations for all nine of the company’s divisions. At Goldshield, he spearheaded initiatives that resulted in a 400
Skyline Picks Foxworthy to Head Operations Read More
In the news from CNNMoney: Chesapeake Energy denies bankruptcy rumors. 4,279 U. S. citizens cut their official ties to U. S., up 20% over last year. Citigroup says fear the ‘oilmageddon’ recession. Gas is near $1 dollar in some markets. India ignores global slowdown, economy grows 7.3 percent. Economics professor
Deer Valley Spikes Nearly 25% as Dow Falls over one Percent Read More
According to what thehill tells MHProNews, recreational vehicles (RV) are currently exempt from the Department of Housing and Urban Development (HUD)’s rules for manufactured homes (MH). New proposed rules say those RVs that are used as a “primary residence or permanent dwelling” should not be exempt. HUD wants to redefine
HUD Closes Loophole on RV Exemption Read More
Actress and singer Hilary Duff and ex-National Hockey Leaguer Mike Comrie, over two years since splitsville in Jan., 2013, have finalized their divorce, as tmz informs MHProNews. Duff gets to keep their Beverly Hills mansion and a manufactured home in prized Malibu–”it’s a very ritzy thing among the rich”–, but
Hollywood Calling: Quitsville Leaves Hilary Duff with Malibu Mobile Home Read More
As MHProNews reported Dec. 21, 2015, professional services firm Dewberry assisted with the siting of manufactured homes for the Oglala Sioux tribe on the Pine Ridge Indian Reservation in South Dakota, marking the first presidential disaster declaration made directly to an Indian tribe. From directionsmag, MHProNews has learned Dewberry has
Dewberry Still Assisting Sioux with Manufactured Homes Read More
Rents have arrived at a historic high, similar to where they were during the housing bubble of 2008, as ktep.org tells MHProNews, according to statistics from the Commerce Department. The old rule of thumb to never spend more than a third of your income on housing is out the window.
High Rents Yield Hard Times for Low/Fixed Income Families Read More
What’s New in public focused Manufactured HomeLivingNews.com Lifestyles of the Rich and Frugal: Manufactured Mansions Take Their Place in the California Sun What’s New in Manufactured Housing Industry Professional News Small community banks declined 20.5% since Dodd-Frank. Seattle Times prods investigation of Clayton. Town officials resign over MH siting. Seniors
Sunday Morning Recap-Manufactured Housing Industry News Jan. 31 -Feb. 7, 2016 Read More
Following a story MHProNews posted Jan. 14, 2016 regarding GSEs Fannie Mae and Freddie Mac’s multifamily loans for 2015, which totaled just under $90 billion, rebusinessonline reports CBRE was Freddie’s highest-producing multifamily mortgage seller with $6.96 billion in originations. Making the announcement at the Mortgage Bankers Association (MBA) convention in
Wells Fargo was Freddie’s Top MHC Seller in 2015 Read More
MHProNews has learned from prnewswire that Patrick Industries, Inc. (NASDAQ:PATK) will release its fourth quarter and year end 2015 financial results before the market opens on Thurs., Feb. 18, 2016. Later that same morning at 10:00 AM eastern time Patrick intends to host a conference call to discuss the results
Patrick to Release Financial Results Feb. 18 Read More
