Manufactured and Modular Housing News

MHCV Continues Rising, as MH-related Stocks are Relatively Quiet Read More

MHCV Continues Rising, as MH-related Stocks are Relatively Quiet

By Matthew Silver / November 27, 2015 / Business, Manufactured and Modular Housing News, Stocks

In the news from CNNMoney: Gold prices fall to near six-year low. REI (recreational equipment) is giving employees Black Friday off. Americans will spend over $130 on self-gifting this year. Chinese executives sometimes disappear with no warning. Britain hikes taxes on investors to cool housing market. Meanwhile, the Yahoo Manufactured

Aussie Manufactured Home Community Owner on the Hunt Read More

Aussie Manufactured Home Community Owner on the Hunt

By Matthew Silver / November 27, 2015 / Business, Communities, Company News, Manufactured and Modular Housing News, Manufactured Homes, RV

With 24 manufactured home communities as part of its 63 property portfolio, Ingenia Communities Group is focusing on the Queensland region of Australia for its expansion efforts, as couriermail informs MHProNews. Ingenia CEO Simon Owen, in Brisbane attending a conference on retirement living, said with an ageing population he sees

Dublin Protesters Disrupt Modular Homes for Homeless Worksite Read More

Dublin Protesters Disrupt Modular Homes for Homeless Worksite

By Matthew Silver / November 27, 2015 / Business, Factory-Built Homes, home buyers, Manufactured and Modular Housing News, Modular

Following the continuing saga of the 400 modular homes being built for the homeless in Dublin, Ireland, which MHProNews last covered Nov. 24, 2015, the first 22 units set to be sited on Balbutcher Lane in Ballymun ignited a protest. The domonstrators allege the plan jeopardizes a plan by a

Lower Immigration Barrier, Offer Syrian Refugees New Manufactured Homes Read More

Lower Immigration Barrier, Offer Syrian Refugees New Manufactured Homes

By Matthew Silver / November 27, 2015 / Business, home buyers, Manufactured and Modular Housing News, Manufactured Homes, People

Where so many see a loathing, fearful problem, Robert Rand, a Vietnam Vet with 20 years of military service, sees an opportunity. Writing in centralmaine, he states he doesn’t understand the rejection of Syrian refugees, especially by the Republicans, comparing it to turning back the boatload of 100s of Jewish

Busy Insider Trading at Patrick Read More

Busy Insider Trading at Patrick

By Matthew Silver / November 27, 2015 / Business, Company News, Manufactured and Modular Housing News, Manufactured Homes, RV, Stocks

Following a series of posts MHProNews has published regarding Jeffrey L Et Al Gendell’s unloading of Patrick Industries, Inc. (PATK) which we have documented since Nov., 2014, this major stockholder has now sold an additional 11,116 shares of Patrick. The shares were sold at an average price of $41.03 for

Drew Industries Officer Unloads more Stock Read More

Drew Industries Officer Unloads more Stock

By Matthew Silver / November 26, 2015 / Business, Company News, Legal, Manufactured and Modular Housing News, Manufactured Homes, People, RV

In another inside trading transaction at Drew Industries, Inc. (NYSE:DW), Chief Administrative Officer Jamie Schnur sold 1,626 shares of company stock in a deal dated Tue., Nov 24, according to storminvestor. The shares were sold at an average price of $59.41 resulting in a transaction value of $96,600.66. On Nov.

Fla. Workshop will Feature Manufactured Home Set-up Read More

Fla. Workshop will Feature Manufactured Home Set-up

By Matthew Silver / November 26, 2015 / Manufactured and Modular Housing News, Manufactured Homes, People

MHProNews has learned from realestaterama the Lake County (Fla.) Building Services Division is hosting an instructional workshop on “Manufactured Home Set-up” Dec. 3 in Tavares, Fla. Presented by Blaine Fort, Department of Motor Vehicles Safety Program Consultant, the free class will deal with the installation and safety aspects of siting

Housing Shortage leads to Modular Homes Rising in England Read More

Housing Shortage leads to Modular Homes Rising in England

By Matthew Silver / November 26, 2015 / Business, Company News, Factory-Built Homes, Green, home buyers, Manufactured and Modular Housing News, Modular, Trends

Quirky hotel chain Snoozebox, which provides pop-up hotel rooms for music festivals and sporting events within 24 hours, has inked a contract with Ealing Council in the United Kingdom to provide 44 modular homes for emergency housing, according to telegraph.co.uk. With the need for 250,000 new homes annually to ease

Markets Closed Today, Happy Thanksgiving Read More

Markets Closed Today, Happy Thanksgiving

By Matthew Silver / November 26, 2015 / Manufactured and Modular Housing News

The writers, sponsors and supporters of MHProNews and MHLivingNews extend their warmest wishes for a most fulfilling and Happy Thanksgiving to one and all. (Photo credit: fotosearch) Article submitted by Matthew J. Silver to Daily Business News-MHProNews.

Optimists, Workplace Terrorists and What’s Coming Read More

Optimists, Workplace Terrorists and What’s Coming

By MHProNews / November 26, 2015 / Business, Manufactured and Modular Housing News, Small Business, Trends

“The optimist doesn’t deny the reality of rain. The optimist just picks up an umbrella, and opens as needed.” – The Elk. Problem solving requires realistic, objective thoughts and a search for practical solutions. Thanksgiving is rightly a time of celebration. Right after turkey, family, friends and Black Friday door-busters,

Crucial Vote on MH Lending due in Congress by Dec. 11 Read More

Crucial Vote on MH Lending due in Congress by Dec. 11

By Matthew Silver / November 26, 2015 / Advocacy, Business, Communities, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, People, regulation

Although HUD Secretary Julian Castro praised the manufactured home industry for making affordable home ownership possible in a recent speech to the Manufactured Housing Institute (MHI), another part of the federal government, the Consumer Financial Protection Bureau (CFPB), restricts lending on manufactured homes valued at $20,000 or less. Some say

Kitimat B.C. Council Extends Notice Date for MHC Redevelopment Read More

Kitimat B.C. Council Extends Notice Date for MHC Redevelopment

By Matthew Silver / November 25, 2015 / Business, Communities, Company News, Legal, Manufactured and Modular Housing News, Manufactured Homes, regulation

Residents of the two manufactured home communities (MHC) in Kitimat, in the far northern reaches of British Columbia (BC), are on track to receive more security should their communities be repurposed, according to what northernsentinel tells MHProNews. The proposed policy of the Kitimat District will establish time frames and remuneration

Drew CEO Sells 2,800 shares of Company Stock Read More

Drew CEO Sells 2,800 shares of Company Stock

By Matthew Silver / November 25, 2015 / Business, Company News, Manufactured and Modular Housing News, Manufactured Homes, People, RV

In an insider trade, as reported by voicechronicle, Jason Lippert, CEO of Drew Industries, Inc. (NYSE:DW) sold 2,800 shares of company stock at $59.80 per share for a net of $167,440. He still owns 130,711 shares, 0.55 percent of the company’s market cap of $1.41 billion. Company stock has risen

MHCV Remains above 1200; LPX and Drew also Gain over Two Percent Read More

MHCV Remains above 1200; LPX and Drew also Gain over Two Percent

By Matthew Silver / November 25, 2015 / Business, Manufactured and Modular Housing News, Stocks

In the news from CNNMoney: HP falls 14% upon word of weak sales. Americans are saving more than spending. Tyson Foods, Hormel and Campbell all reported solid earnings this week. Airlines saved $11 billion on fuel in first nine months of 2015. CEO of Brazil’s largest investment firm arrested. Nine

Built-to-rent Homes Increase Read More

Built-to-rent Homes Increase

By Matthew Silver / November 25, 2015 / Business, Economy, home buyers, Manufactured and Modular Housing News, Trends

MHProNews has learned from builderonline that construction of single-family homes built specifically as rental units rose to 9,000 units for Q3 2015, compared to 7,000 for the same period last year. Robert Dietz of the National Association of Home Builders (NAHB) looks at statistics from the Census Bureau’s Quarterly Starts

Modular Home is First for New Jersey Habitat for Humanity Read More

Modular Home is First for New Jersey Habitat for Humanity

By Matthew Silver / November 25, 2015 / Factory-Built Homes, Manufactured and Modular Housing News, Modular, People

For the past 12 years the Gloucester County Habitat for Humanity has spent $2 million acquiring property and rehabbing and building homes, but for the first time they are building a modular home for a family of four in Woodbury, New Jersey. This is the second Habitat home in Woodbury