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.
What’s New in public focused Manufactured HomeLivingNews.com From Condo to Upscale Manufactured Home Living – John & Joyce Walter, Oshtemo, MI – Inside MH Road Show Vide Olga Pecanac, Olga’s Place Pizza & Euro Restaurant, Westville, IN – U.S. Destination – Pure Fun! Reinventing HUD’s role in Quality Affordable Housing, […]
Sunday Morning Recap-Manufactured Housing Industry News Nov. 1-Nov. 8, 2015 Read More
According to a National Association of Realtors (NAR) survey that tracked a year’s transactions through June, the share of first-time homebuyers fell to 32 percent from 33 percent last year, according to bloomberg. Historically, the rate is 40 percent, and now stands at a 28-year low. Increasing apartment rent, burdening
Share of First-time Homebuyers at 28-Year Low Read More
MHProNews has learned from PRWeb that Fremont, Ohio-based Style Crest has recently developed a new line of Revolv® HVAC products specifically aimed at the manufactured home (MH) market, a market it has been serving for over 40 years. The new product, in addition to meeting all federal standards, features new
Collaboration leads to New HVAC System for Manufactured Homes Read More
While the Housing and Planning Bill now working through Parliament in the United Kingdom has the intent of increasing the housing stock, the rising demand for housing calls for more radical activity to meet the need. As huffingtonpost.uk reports, the architectural firm of Rogers, Stirk, Harbour + Partners, which is
Modular Housing Offers Flexibility, Quick Housing Read More
In the news from CNNMoney: U. S. sees its best wage growth in six years. Oil company defaults are coming because of low oil prices. U. S. economy adds 271,000 jobs as unemployment falls to 5%. With strong jobs report interest rates may yet rise this year. Migrants will boost
Losses more than Gains Among Tracked Stocks Read More
MHProNews has learned from constructiondive that the latest National Association of Homebuilders (NAHB) Cost of Construction survey reveals the average construction cost of a single-family home, 2,802 square feet, has risen to $289,415, increasing from $95 per square foot in 2013 to $103 per sf today. Builders reported cost increases
Price of New Single-Family Site built Home Rises over $120k to $468k Read More
Responding to House Financial Service Chairman Rep. Jeb Hensarling’s (R-TX) request for ideas on addressing poverty and home affordability, MHProNews and ManufacturedHomeLIvingNews publisher L. A. “Tony” Kovach documents HUD’s failure to promote manufactured housing as affordable housing. In Re-inventing HUD’s Role in Quality Affordable Housing, Kovach points out the percentage
Re-Asserting HUD’s Affordable Housing Mission Read More
Residents questioned the Upper Township Planning Board in Upper Township, New Jersey about two manufactured home communities (MHC) for seniors, one with 110 home sites in Seaville and another one that is proposed in Palermo. Ground was broken last month for the community in Seaville, planned by Ocean City developer
Three New Senior Land Lease Communities Rising in New Jersey Read More
MHProNews has learned from koin-tv in Hillsboro, Oregon that manufactured homes in a community may increase in value without any improvement being made to the home. Alice Siller’s MH was built in the 1980s, and has been valued at $12,000 for tax purposes, which cost her $6 a year. Then
Manufactured Home Tax Bill rises from $6 to over $400 Read More
A staircase tucked in between cantilevered modular units leads to a door, in each unit, that opens into the living room, which distinguishes these modular homes that have been adapted to the rocky terrain in the region of Cordoba, Argentina by architect Carlos Alejandro Ciravegna. As designboom informs MHProNews, each
Argentinian Modulars Rise with the Topography Read More
In the news from CNNMoney: Whole Foods is spoiling, as same-store sales drop. Home sales experience biggest gains in eight years. New pencils grow into vegetables after they become stubs—the eraser contains seeds. SUV sales in September jumped 58% over the previous year—in China. Worth an estimated $25 billion, Airbnb
Most Tracked Stocks Flat, same as Dow, NASDAQ and S&P Read More
Pointing to a potential upside of $13.09 from the current price, equities researchers at Scotiabank have given Killam Properties (TSE :KMP) a target price of C$11.75 ($8.93 USD) in a research report issued to clients and investors on Wed., Nov. 4, according to dakotafinancialnews. Other analysts have been issuing reports
Killam Properties getting Notice from Analysts Read More
The Member of Parliament (MP) for Folkestone and Hythe, Damian Collins, says the United Kingdom has a situation, part of which is shared by the U. S.–a lack of homes to buy and a lack of affordable homes to rent, that could be alleviated using modular homes, as expressandstar tells
British MP Urging Modular Homes Solution to Housing Shortage Read More
Updating a continuing story MHProNews last posted Oct. 9, 2015 regarding mandated sprinklers in new home construction in Maryland, modularhomecoach reports the legislation may have formed a rallying cry for on-site and off-site builders to join forces, and attempt to have the law rescinded. The regulation will cover manufactured homes
Sprinkler Mandate in Maryland Dampening Home Building Read More
On the news of Freddie Mac reporting a net loss of $475 million for the third quarter of 2015, significantly down from the net income of $4.2 billion for the same quarter 2014—the first time in four years– MHProNews has learned from housingwire that Freddie Mac CEO Donald Layton is
Freddie Mac Drowns in Red; CEO Layton says Lenders need to Lower Down Payment Read More
In the news from CNNMoney: Electronic technology in the NFL may determine out-of-bounds, touchdowns and first downs. Trump to host Saturday Night Live, limited to four seconds due to FCC regs. Ohio voters reject legal pot, but ten other states are considering it. Honda dumps Takata over faulty airbags. Citing
MHCV Advances to 1188.1; Interest Rates may Rise Next Month Read More
MHProNews has learned from washingtontimes that developers in Berthold, North Dakota are preparing to break ground this fall for a new modular subdivision a mile east of Berthold. New homeowners are being sought for the 240 home site Prairie Rose Estates, which has been in the making for three years.
Groundbreaking near Minot, North Dakota for Modular Subdivision Read More
Following the continuing saga of survivors of the Butte and Valley wildfires in Northern California as MHProNews last posted Oct. 23, 2015, record-bee reports the Federal Emergency Management Agency (FEMA) has identified the Clearlake Resort and Campground near Lakeport as a site that will accommodate 40 manufactured homes. Another location
Site Set for 40 Manufactured Homes in Wildfire Area Read More
According to the National Association of Homebuilders (NAHB) index, the pace of multifamily residential construction rose 27 percent in Sept. over Sept. of 2014, while spending on single-family building was up 13 percent for the same period. Total private residential construction for Sept. rose to a seasonally adjusted annual rate
Multifamily Residential Building Expected to Slow in Coming Year Read More
The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews that HUD Code production of manufactured homes for September, 2015 reached 6,325 homes, an increase of 7.8 percent over the 5,862 homes produced in September of 2014. Total industry production for the year now totals 52,061 MH, an eight percent
HUD Code Production Gains in September Read More
