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.
Realizing that a ten-year restriction on manufactured homes (MH) brought into Ruidoso Downs in New Mexico was not realistic because, as Planning and Zoning Director Steve Dunigan said, “You could have a two-year old home that is a disaster versus a 27-year old home that has been kept up,” the […]
Ordinances updated on Siting Manufactured Homes Read More
MHProNews has learned from the Wisconsin Housing Alliance that the Department of Housing and Urban Development’s (HUD) Final Rule that allows manufacturers to complete the construction of manufactured homes on site instead of in the factory with gaining permission. The rule will eliminate the need for time-consuming approval under the
HUD Finalizes Rule Regarding Onsite Completion of Manufactured Homes Read More
MHProNews’ unique 6th Anniversary issue goes live on Saturday. It could be dubbed TCOB – Taking Care of Business – as readers of Featured Articles will soon see. To learn more about the 6th anniversary issue, plus current events and commentary not covered in the Daily Business News, click on
6th Anniversary Issue Goes Live Saturday Read More
With September’s year-over-year growth of 6.8 percent for multifamily rentals, multifamily rents reached a new record high of $1,167 in September, while also increasing to the highest year-over-year growth of the post-recession cycle, according to the most recent edition of Matrix Monthly by Yardi. The report says rents have risen
Multifamily Rental Costs Hit New Record High Read More
MHProNews has learned from 24dash in the United Kingdom that low-income housing group Incommunities, in collaboration with construction specialists in the Netherlands, are wrapping up plans to build six modular homes in Manningham, to be sited on part of the Green Lane development property. Six modules will be needed to
Affordable Modular Units Planned for Old Apartment Building Site Read More
In the news from CNNMoney: Saudi Arabia in cash crunch. Parisians work 35 hours a week, have 29 days paid vacations. Workers in Hong Kong put in over 50 hours a week. Prices fall again in Europe. Hurricane Joaquin causing storm preparation stocks to surge. Meanwhile, the Yahoo Manufactured Housing
Most Manufactured Home-related Stocks Gain; MHCV Edges Up Read More
Made from cross-laminated lumber, Belgian firm Skilpod is producing small, modular inexpensive homes specifically designed for those, young and old, who want smaller homes. Designed in partnership with UAU Collective, the homes can be zero energy or energy positive with the use of solar panels, and may be useful for
Belgium Mini Modular Suitable for Singles or the Elderly Read More
The House Financial Services Committee (HFSC) tells MHProNews the committee’s chairman, Rep. Jeb Hensarling (R-TX), delivered an opening statement in advance of the hearing on the semi-annual report of the Consumer Financial Protection Bureau (CFPB) with CFPB Director Richard Cordray. Noting a recent series of hearings before the HFSC revealed
Rep. Jeb Hensarling Opens the Semi-annual CFPB Hearing Read More
In 2013 the Montana Community Development Corporation (MCDC) helped the 68 residents of River Acres manufactured home community (MHC) in Missoula become a resident-owned community, as themissoulian tells MHProNews. The residents faced eviction because the owner wanted to sell, but now they have long-term, stable housing and control of their
Montana non-profit Helps Manufactured Home Community Residents Form Co-ops Read More
Futuristic housing on Mars, as envisioned by Foster and Partners, would involve parachuting three different types of semi-autonomous robots onto the planet to build a modular housing settlement before the astronauts arrive. As part of a 3D Printed Habitat Challenge, one robot would be pre-programmed for digging, one for melting
Modular Homes will Provide Housing on Mars Read More
MHProNews has learned from heraldpalladium the St. Joseph, Michigan commissioners heard the first reading on plans to alter zoning for multi-family districts so they would better blend in with other parts of the community. The planning commission had been directed to review the city’s R-3 zoning for properties that include
St. Joseph, Michigan Amends Zoning to allow Manufactured Home Communities Read More
In the news from CNNMoney: Chesapeake Energy cuts 15 percent of workforce. Billionaire investor Carl Icahn supports Trump, says he’s looking out for the middle class. Ralph Lauren steps down as CEO of company. Puerto Rican officials looking for help to pay bills. Home prices up five percent nationwide. Meanwhile,
MHCV Slips, ELS Edges Up, Carlyle Falls Read More
MHProNews has learned from acainternational that the House Financial Services Committee will consider two bills relating to oversight of the Consumer Financial Protection Bureau (CFPB) at a hearing Wed., Sept 30, 2015 at 10 AM EST. Rep. Steve Stivers (R-OH) introduced Bureau of Consumer Financial Protection-Inspector General Reform Act of
House Financial Services to Consider Bills Regarding CFPB Oversight Read More
The ARC Centre for Advanced Manufacturing of Prefabricated Housing, based at the University of Melbourne, in Australia has been established to create a $15 billion modular housing sector so that the most advanced manufacturing technology will be used in prefabricated construction. With funding from a research council and industry, the
Australia Aims to Triple Size of Modular Home Industry Read More
As nationalmortgagenews informs MHProNews, sales of single-family homes and condos are on course to reach an eight-year high, according to RealtyTrac‘s U. S. Home Sales Report for August. 1,947,028 homes were purchased through the first eight months of the year, which represents a 5.4 percent increase over 2014. The last
Pre-existing Home Sales on High Track for 2015, while Pending Home Sales Slip Read More
Following a series of posts MHProNews last published Sept. 24, 2015 regarding modular homes for the homeless in Dublin, Ireland, the city council’s head of housing, Dick Brady, has confirmed the selection of sites has begun. With more than 200 homes to be sited, Brady is looking at vacant council-owned
Hunt is on in Dublin for Modular Housing Sites Read More
In the news from CNNMoney: Pharmaceutical stocks pull down markets. New York Fed Chief says interest rate hike will come this year. Trump says unemployment rate is 42 percent. Global economic slowdown affects also stocks. Apple sells record 13 million new iPhones. Porsche introduces electric car to compete with Tesla.
Nobility Homes Gains 20%+; Dow Drops 300 points+ Read More
The Manufactured Housing Institute (MHI) informs MHProNews that data regarding lending at 7,000 financial institutions and covering nearly 10 million mortgage applications and six million loan originations reveals manufactured home lenders are not making HOEPA (Home Ownership and Equity Protection Act) loans because of the increased liability and burdensome rules
Data Confirms Dodd-Frank Regulations Impede Manufactured Home Loans Read More
A June 2015 Freddie Mac survey reveals that 55 percent of renters of both single-family homes and multifamily homes plan to continue renting in the next three years, although 67 percent of multifamily renters and 60 percent of single-family renters say they are satisfied with their rental experience. However, 53
Single-family Renter Households more Likely to Buy Read More
Following a story MHProNews posted Aug. 20, 2015 regarding the purchase of Signature Seating in New Haven, IN by Lippert Components, Inc. of Elkhart, IN, kpcnews reports the $16 million acquisition also includes a plant in Auburn, IN where Lippert will invest $800,000 in new equipment. While Lippert is seeking
Lippert Seeking Tax Abatement for Newly Acquired Plant in Indiana Read More
