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: Lower fuel costs send airline profits skyrocketing. It has been nine-and-a-half years since the Federal Reserve last raised interest rates.—June 29, 2006. One source estimates there are 71,000 people in the West—North America, Europe and Australia—who may be “prone to radicalize.” Some analysts say the …
Fed expected to raise Interest Rates at their Meeting Wednesday Read More
Economists at the National Association of Home Builders (NAHB) have determined from the 2013 American Community Survey that the average age of U. S. construction workers is 42, one year older than the overall work force average, according to what constructiondive tells MHProNews. States with the highest median age of …
As MHProNews reported April 25, 2014, Stonecliff Properties was replacing the infrastructure at its Port Edward manufactured home community (MHC) in the far northwest of British Columbia, Canada in Port Edward, just south of Alaska. Stonecliff restricted access to the community to work vehicles and equipment only, from April 28 …
Residents Removed from Land Lease Community in north British Columbia Read More
A bipartisan House supermajority has turned back the Consumer Financial Protection Bureau’s (CFPB) auto loan rules after discovering the agency was guessing the racial identity of auto borrowers and filing suit against the auto dealers for discrimination in lending, based on who they thought was a minority and who they …
CFPB based Car Loan Lawsuits on Information it Knew was Bogus Read More
In Brooklyn for nearly 20 years, modular builder Capsys will close their manufacturing plant in Brooklyn’s Atlantic Navy yards, laying off 54 union employees, according to what Crain’s New York tells biztimes, as the company looks for a more affordable location. As MHProNews published March 12, 2014, Tom O’Hara, the …
Modular Builder Capsys closing Brooklyn Navy Yards Facility Read More
In the news from CNNMoney: Natural gas prices half of last winter’s. Seattle voting on bill to allow Uber drivers to unionize. Oil prices fall below $35 as the industry braces for Iranian oil hitting the market. South Africa’s economy is in a mess. Smartphone’s battery can last up to …
AMG Drops nearly 13 percent in Two Days; Dow Regains 103 Points Read More
A writer posed a question to columnist Roy Booker in the quadcitytimes asking what are the rules regarding siting a manufactured home (MH) on a private lot in several Iowa cities. Ryan Rusnak, in Community Planning & Economic Development for the city of Davenport, said an MH could occupy any …
Following a story MHProNews initially posted Nov. 13, 2015, regarding a new ordinance in Mohave County, Arizona that requires manufactured homes (MH) moved within the unincorporated areas of the county to be no older than seven years, MH owners protested at the County Commission meeting, leading commissioners to postpone voting, …
Commissioners Step Back from Restrictive Seven-year Ordinance Read More
Every year, the First State Manufactured Housing Association in Delaware donates a scholarship to a high school senior or graduate who has lived in a manufactured home in the state for at least one year, according to capegazette.villagesoup. As MHProNews reported June 19, 2013, candidates are judged on their scholastic …
Delaware Association Bestows Scholarships on Students who Reside in Manufactured Homes Read More
What’s New in public focused Manufactured HomeLivingNews.com Why Families, Singles and Couples are Attracted to Good Manufactured Home Communities Police Chief’s Wife is on Town Council and Loves Manufactured Home Living What’s New in Manufactured Housing Industry Professional News Homeless Housing in Dublin in Dispute. FEMA CA Wildfire Housing to …
Sunday Morning Recap-Manufactured Housing Industry News Dec. 6-Dec. 13, 2015 Read More
Manufacturer and distributor of component products for the manufactured housing and recreational vehicle industries, Patrick Industries, Inc. (Nasdaq:PATK) has announced that Andy Nemeth will be the firm’s new president as of Jan 1, 2015, moving up from Executive Vice President of Finance and CFO. According to insideindianabusiness, Joshua Boone, who …
MHProNews has learned from foxnews the Senate has passed a short-term spending bill that will keep the government open until Wednesday, Dec. 16, so negotiators can have more time to hammer out a longer term measure. While lawmakers are trying to come together on a $1.1 trillion budget deal to …
Temporary Spending Measure Passes to Keep Government Open Read More
In the news from CNNMoney: Oil drops below $36/bbl, causing the Dow to fall. Holiday shopping gains momentum in November. Whole Foods’ stock has fallen 30 percent this year, fueling speculation it may be on the block. Dow Chemical merging with Dupont, a $130 billion deal to create the world’s …
Dow Spirals Downward as Oil Falls, Pulling many Stocks Down Read More
MHProNews has been informed by analystratings that CEO of Skyline Corp (NTSE:SKY) Richard Florea bought shares of Sky for $3,120, which increases his holdings by 5.71 percent. Florea bought the stock, according to Skyline’s website, at $3.12 per share for the 1,000 shares, and now owns 18,500 shares. MHProNews last …
Informed sources tell MHProNews that Clayton Homes (CMH) has closed on a manufacturing facility in Athens, TX. According to the source, the production is scheduled to begin in the fall of 2016. Athens Venture Capital, LLC was the seller to CMH. The move signals the continued recovery of manufactured housing, …
MHProNews is hearing about support among industry members for candidates ranging from Bernie Sanders and Hillary Clinton on the Democratic side, to Ted Cruz, Marco Rubio and the political phenom of the year, Donald Trump among Republicans. As the 2016 primary season heats up, The New York Times reports that …
Trump Gaining Steam, Cruz, Rubio appealing to MHPros Read More
In a letter from “Voice of the People” in theledger, MHProNews and MHLivingNews Publisher L. A. “Tony” Kovach appeals to his Florida neighbors to contact their congresspersons, and encourage them to attach a rider to a must-pass appropriations bill that will expand financing options for MH buyers/sellers. But he can …
Kovach asks Community to Contact Congress in Support of S 682 Read More
MHProNews has been told by heraldtribune of word coming from Bradenton, Florida that the cost to build a home in Manatee County is likely to rise by thousands of dollars following approval by the Manatee County Planning Commission to resume impact fees on new construction to benefit schools. These impact …
One-time Fee would Raise the Cost of a Manufactured Home Read More
In response to the tiny home movement, where the location is nearly as important as the home itself, according to what freshome tells MHProNews, Portuguese engineering firm Friday has developed a floating modular home, Floatwing. Constructed of eco-friendly materials, there are four structural configurations, and while the width is fixed …
In the news from CNNMoney: Oil drops -2.66 percent, lands below $37/bbl. Chipotle’s reputation is getting slammed. Cuba is ripe for investment. Prices for distilled spirits cost 39 percent more at bars than at home since 2003. The Dow closes up after three straight sessions of losing. US tries to …
MH-related Stocks Relatively Quiet in Today’s Trading Read More
