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.
After five years of debate and rewriting of manufactured home standards for communities, the Laramie (Wyoming) City Council is one reading away from passing ordinances pertaining to manufactured home communities (MHC), with a final reading set for Dec. 1. They allow pre-HUD Code homes to be moved within a community, […]
New Ordinances for MH Communities One Reading Away Read More
What’s New in public focused Manufactured HomeLivingNews.com HUD Secretary Julian Castro praises Quality, Safe and Affordable Manufactured Homes From Condo to Upscale Manufactured Home Living – John & Joyce Walter, Oshtemo, MI – Inside MH Road Show Vide What’s New in Manufactured Housing Industry Professional News HUD Secretary Castro Lauds
Sunday Morning Recap-Manufactured Housing Industry News Nov. 15-Nov. 22, 2015 Read More
MHProNews published a story on October 18, 2013 reporting that the owners of California’s Buena Vista Mobile Home Park, the Jissers, were interested in selling the community of 104 homes for possibly over $30 million if their plan is approved by the city of Palo Alto, where the median home
Palo Alto Levying Millions on Manufactured Home Community for Closing Read More
MHProNews has learned from indsidertradingreport that M. Scott Welch, a board member of Patrick Industries, Inc., purchased 9,800 shares of company stock at $39.71 per share for a net of $ 391,353.44 on Nov. 18, 2015 and was disclosed to the Securities and Exchange Commission on Nov. 20,2015. As MHProNews
Patrick Board Member Welch Acquires 9,800 Shares of Stock Read More
Following numbers from the National Association of Home Builders (NAHB) that show builder confidence slipped three points in October, zacks tells MHProNews that figures released by the Department of Housing and Urban Development (HUD) and the Census Bureau reveal housing starts in October dropped 11 percent to a seasonally-adjusted annual
Housing Starts Fall in October, while Building Permits Rise Read More
In the news from CNNMoney: Abercrombie & Fitch stops sexualized marketing, stock rises. New E coli fears at Chipotle downs stock. More Mexicans leaving U. S. than coming to the U. S. Soon, one Euro will equal one dollar. China busts $64 billion underground banking ring. French economy may suffer
Dow up +3.35% on Week; MHCV Rises +1.66 Percent Read More
In a video address to the Manufactured Housing Institute’s (MHI) National Communities Council (NCC) Fall Leadership Forum, Department of Housing and Urban Development (HUD) Secretary Julian Castro, calling HUD “The Department of Opportunity,” praised the manufactured home industry for “giving more families access to quality, safe and affordable housing.” The
HUD Secretary Castro Praises Manufactured Home Industry Read More
Following the ongoing story of providing modular homes for the homeless in Dublin, Ireland, as MHProNews posted last on Oct. 28, 2015, although the government has not chosen a builder, or builders yet, Environment Minister Alan Kelly still maintains it will meet the Dec. 21 deadline for siting the first
Dublin Maintains Modular Homes will be Ready by Christmas Read More
In an attempt to help keep illegal activity off rental property, the Cañon City (Colorado) Police Department (CCPD) Crime Prevention Unit became licensed to implement Crime Free Programs to bolster partnerships between law enforcement and owners and managers of rental properties. According to what canoncitydailyrecord tells MHProNews, the Crime Free
Crime Prevention Techniques Targeted to Manufactured Home Communities Read More
Updating a story MHProNews brought you July 17, 2015, concerning a 3D printing press that manufactures modular housing using a secret ingredient by the Zhuoda Group in China, cz reports it is China’s most recent suspected fraud. In China, regulation is not keeping pace with the proliferation of financing schemes
3D Printing Modular Homes using Mystery Ingredient may be Fraudulent Read More
Following complaints that a newly-issued building permit would allow a manufactured home to be sited on property specified for single-family permanent homes, doverpost reports the Dover (Delaware) City Council agreed to amend city ordinances. While the permit will not be amended, council was asked to change the definition of “one-family
Dover Excludes Manufactured Housing but Allows Modular Homes Read More
In the news from CNNMoney: Subway Pitchman Fogle gets 15+ years. Music streaming supplier Spotify gives new parents 6 months off. Nation’s largest insurer, United Health, may leave Obamacare. U. S. gender pay gap is getting worse. Applications for unemployment benefits dropped 5,000 last week to 271,000. Australia blocks sale
After Yesterday’s Gains, Stocks Relatively Quiet Today Read More
A proposal that adds a definition for the 19 manufactured home communities (MHC) to the city’s Comprehensive Plan, and was passed by the Spokane (WA) City Council, was vetoed by Mayor David Condon. An hour later, the council overrode his veto, as spokesman tells MHProNews. Councilman Jon Snyder, who helped
City Council Overrides Mayor’s Veto over Manufactured Housing Read More
Falling from a ten-year high of 65 in October, the National Association of Home Builders tells MHProNews the housing market index dropped three points to 62, falling below The Wall Street Journal consensus estimate by a point. Any number over 50 indicates builders of single-family homes are optimistic. ”The November
Housing Market Index slips for Single-family Homes Read More
Following the San Bruno natural gas pipeline explosion in California, Gov. Jerry Brown signed legislation to improve safety of the lightly regulated natural gas and propane distribution piping systems at manufactured home communities (MHC), of which there are 5,000 in the state housing one million people. The first conversion of
California Utilities Upgrading Service to Manufactured Home Residents Read More
According to financialmagazin, Executive Vice President and Chief Financial Officer of Patrick Industries, Inc. (NASDAQ:PATK) Andy Nemeth purchased 8,000 shares of company stock at $38.20 per share for a net value of $305,797. Nemeth now owns 76,999 shares which comprise 0.50 percent of the outstanding shares of the company. Meanwhile
Patrick Industries Veep Purchases Company Stock Read More
MHProNews has learned from Capital One that it arranged a $3.1 million fixed-rate loan package through Ladder Capital Finance to refinance the Orange Grove manufactured home community (MHC) in San Fernando, California. Senior Vice President Chad Thomas Hagwood, the head of Capital One Multifamily’s Birmingham, Ala. office, brokered the transaction
Capital One Brokers Loan for Orange Grove Land Lease Community Read More
In the news from CNNMoney: Oil falls below $40. Fed signals interest rate hike. Airport workers across the country go on strike. Member of Congress’s net worth averages $1.1 million, 20x that of an American family. Germany a safe haven for investors following Paris attacks. 2$ gas coming to most
NASDAQ crosses 5,000 Mark, Dow Gains 247 Points, MHCV moves up 2.71% Read More
In the fifth edition of its shale economic development chart, Bricker and Eckler report a 51 percent increase in total investments since a year ago in Ohio’s oil and gas-related projects, amounting to nearly $33.7 billion. In information provided to MHProNews by Ohio Manufactured Homes Association (OMHA), there has been
Trump, Kasich, Shale and Manufactured Housing Read More
The San Mateo County Board of Supervisors in California adopted an temporary urgency ordinance to prevent eight manufactured home communities (MHCs) from closing or converting for the next 45 days in an attempt to keep affordable housing available in the Bay Area. The Bay Area is one of the most
CA County Issues Ordinance to Ban Manufactured Home Community Closure Read More
