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.

Michigan, Arbor Americana MHC Settle Lawsuit

MHProNews has learned from washingtontimes that the owners of the Arbor Americana Manufactured Housing Community of Flat Rock, Michigan have settled a lawsuit over sewage overflows brought by the Michigan Department of Environmental Quality. The state alleges the MHC owners, in neglecting to repair the wastewater system, exposed residents of …

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Manufacturing Housing Pros rallying Troops for More Financing Options in 2016

While H. R. 650, the Preserving Access to Manufactured Housing Act passed the House in April with bi-partisan support, the Senate companion bill S 682, cannot pass the Senate as a standalone measure because it would be vetoed. If, however, it is attached as a rider to the must-pass appropriations …

Manufacturing Housing Pros rallying Troops for More Financing Options in 2016 Read More

Modular Homeless Housing in Dublin Hits another Snag

Updating the post MHProNews published Dec. 2, 2012 regarding the modular homes for the homeless in Dublin, Ireland, the Drimnagh Residents Association has warned the Dublin City Council that it may take legal action against Environment Minister Alan Kelly’s plans to site 29 homes on an empty lot on Curlew …

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Modular Container Homes in Costa Rica will be Off the Grid

Edsart Bedsier, a native of Holland but now a 22-year resident of Costa Rica, has built houses around trees, and his Crystal House is made from recycled glass bottles, according to ticotimes. His next project, as MHProNews has learned from Jim Maher, is to convert unused shipping containers, many of …

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Most MH-related Stocks Slip, as do Dow, Nasdaq and S&P 500

In the news from CNNMoney: Nearly half of all renters in the U. S. struggle to pay their monthly rent. The middle class in America now comprises under half of the population, down from 61 percent in 1971. Handguns account for three-fourths of gun sales. Walmart’s Chinese imports have cost …

Most MH-related Stocks Slip, as do Dow, Nasdaq and S&P 500 Read More

First FEMA Manufactured Homes will be for Seniors Displaced by Valley Fires

In a step towards rebuilding the lives of those displaced by the wildfires in northern California, as MHProNews last reported Nov. 4, 2015, nine of 15 manufactured homes (MH) provided by the Federal Emergency Management Agency (FEMA) will be ready for occupancy by the end of the week. Lake Village …

First FEMA Manufactured Homes will be for Seniors Displaced by Valley Fires Read More

Modular Homes Built to Mimic Hobbit Holes

MHProNews has learned from wtop1h, although no movies based upon “The Hobbit” or “Lord of the Rings” trilogy are in the works for the holiday season, Florida’s Green Magic Homes has developed “hobbit holes,” designed to be part of the landscape like the homes from the mythical Shire in “Lord …

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MHC Management Sets Payment Plan for Miscalculated Charges

Kingsley management, which had undercharged hundreds of residents for rent and water at three manufactured home communities (MHC) in three Colorado cities, initially offered payment options, but then threatened eviction, according to thedenverchannel. The company’s lawyer had told the residents in the Front Range MHC not to pay the back …

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Manufactured Home Organizations help Sponsor Annual Food Drive

Continuing a tradition, as MHProNews reported Dec 12, 2014, the Delaware Manufactured Homeowners Association and the First State Manufactured Housing Association teamed up with other organizations, schools and businesses in Sussex County to sponsor the 32nd annual Caroling on the Circle in Georgetown. Over 400 carolers gathered in the downtown …

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Jeffrey L. Gendell Continues Unloading Patrick Stock

Following the continuing story of Jeffrey L. Et Al Gendell’s dumping of Patrick Industries’ stock since Nov. 2014, dakotafinancialnews reports he sold another 57,399 shares of Patrick on Fri., Dec. 4 at an average price of $42.49 for a net transaction of $2,438,883.51, as disclosed in a legal filing with …

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Sun Stock Rises Alone as Third Avenue Value Fund, UFPI Drop Sharply

In the news from CNNMoney: Morgan Stanley slashes 1,200 jobs around the globe. Smith & Wesson gun sales up 32 percent this year. Following weak trade data from China, Dow falls nearly one percent. Oil drops below $37/bbl. Global mining giant Anglo American to cut 65,000 jobs in next few …

Sun Stock Rises Alone as Third Avenue Value Fund, UFPI Drop Sharply Read More

Passages: Mary “Irene” Younkin

Long-time manufactured home retailer and community owner Mary “Irene” Younkin, 95, passed away in Columbus, Ohio, Dec. 5, 2015. She was chairwoman of Greenlawn Realty, and co-founder of Greenlawn Mobile Home Sales as well as Greenlawn RV Center, and several land lease communities. Inducted into the RV/MH Hall of Fame …

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Sun Lights Up with Distributions

From Southfield, Michigan, the board of directors for real estate investment trust (REI)T Sun Communities, Inc. (NYSE:SUI) announces quarterly dividends on three different stocks, according to euroinvestor: $0.65 per share of common stock payable Jan. 15, 2016 to shareholders of record Dec. 31, 2015; $0.4453125per share on the Company’s 7.125% …

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Passages: Darla Blanchard

The Texas Manufactured Housing Association (TMHA) informs MHProNews that long-time TMHA member Darla Blanchard of Lumberton, TX passed away Dec. 6 at age 54 after a long battle with cancer. She and her husband, Tommy, own and operate World Wide Homes in Lumberton. MHProNews sends its deepest sympathies to her …

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Rural Scott County Iowa only Allows Multi-Section Manufactured Homes

In response to a reader’s question about siting manufactured homes (MH)on private property in specific east central Iowa locales, Tim Huey, Scott County Planning Director replies to qctimes that in rural areas, “We do not treat manufactured housing any differently than site-built homes. If a property retains a development right …

Rural Scott County Iowa only Allows Multi-Section Manufactured Homes Read More

Manufactured Home finally Saved from Creek

Following a story MHProNews last posted March 14, 2015 about a couple in Lewis Center, Ohio whose manufactured home was sliding into a creek next to their home, after numerous inspections and visits from commissioners, the state helped fix the situation, according to wbns10tv. The fix involved installing a retaining …

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More MH-related Stocks Slip than Rise

In the news from CNNMoney: U. S. tries to prevent Office Depot/Staples merger. Gun stocks surge after Obama speech. Oil ends at $37.65/bbl, lowest in almost seven years. Twelve million jobs added since the recession. Trump says Washington Post is Amazon tax shelter. Finland wants to give every adult $10,000. …

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Texas Gov. Appoints Richards to MH Board

According to gov.texas that Gov. Greg Abbott has appointed Ronald M. “Ronnie” Richards, long-time vice-president of marketing for manufactured and modular home builder American Homestar Corporation, now retired, to the Texas Manufactured Housing (MH) Board. The board regulates the MH industry in Texas. Currently part-owner of a wedding and reception …

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Drew Principals Sell over 40k Shares of Stock

The sell off of Drew Industries, Inc. stock by principals of the company continues as Chief Financial Officer (CFO) Joseph S. Giordano III sold 8,000 shares of the company at an average price of $61.00 for a net transaction of $488,000.00, dated Fri., Nov. 27, according to midsouthnewz. He now …

Drew Principals Sell over 40k Shares of Stock Read More

Sunday Morning Recap-Manufactured Housing Industry News Nov. 29-Dec. 6, 2015

What’s New in public focused Manufactured HomeLivingNews.com Personalizing Your Custom Home – at Half the Cost Sneak a Peek! What Millions Knows – Hiding in Plain Sight – The Home of the Future What’s New in Manufactured Housing Industry Professional News HUD Code Home Production Continues Ascending. Multiple Insider Trades …

Sunday Morning Recap-Manufactured Housing Industry News Nov. 29-Dec. 6, 2015 Read More

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