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.
The Commerce Department informs MHProNews that housing starts—single-family and multifamily– in August fell 3.0 percent to a seasonally-adjusted annual rate (SAAR) of 1.13 million units, below the 1.17 million unit pace economists had predicted, while building permits rose 3.5 percent to a 1.17 million pace after declining 15.5 percent in […]
Housing Starts Fall in August while Building Permits Rise Read More
New this year at the Michigan Manufactured Housing Association’s (MMHA) 74th Annual MMHA conference in Detroit Oct. 19-20 will be a program to recognize the exceptional marketing and communications efforts of our members, according to news.sys-con. Categories include best community entrance, best model home staging, best community event or activity,
Michigan State Association Conference to Honor Members’ Efforts Read More
MHProNews has learned from 9news Caddis Capital Investments LLC of Littleton, Colorado has acquired two manufactured home communities (MHCs) for $7.725 million. Chancellor’s is a 121-home site community in Fountain, Colorado, and Woodland has 75 home sites in Woodland, WA. Using its current investment vehicle, Trico Fund III, Caddis teamed
Caddis Capital Acquires Two Manufactured Home Communities Read More
At a meeting of the Kent County Commissioners in Maryland, discussion turned to the importance of affordable housing as a means to attracting new business and young families to the county, according to myeasternshoremd. At the Maryland Association of Counties meeting, officials from several counties criticized a requirement of the
Mandated Sprinkler Systems may be Slowing New Home Building Read More
In CNNNews: Weak global economy and strong U. S. dollar hurting FedEx. Anaheuser Busch seeking to buy rival Miller Brewing. Typical American family earned $53,657 last year. Berkeley aiming for $19 minimum wage. Business world holding its breath, awaiting decision on interest rates from Federal Reserve. On the Big Board:
Dow Gains 140 Points in Advance of Fed Report Read More
In a letter to the editor of Asbury Park Press in New Jersey, Joan Finn, noting the loss of housing for 55,000 Ocean County residents due to Hurricane Sandy, many of whom were low-income renters who did not receive rebuild assistance, she asks where did they go. She says over
New Jersey Citizen suggests Manufactured Homes for Hurricane Sandy Survivors Read More
According to cnbc, the National Association of Home Builders (NAHB) reports the Housing Market Index (HMI) of builder sentiment rose to 62 in September, the highest level since 2005, and now in positive territory (above 50) since July, 2014. “The HMI shows that single-family housing is making solid progress,” said
Homebuilder Sentiment Hits Ten-Year High Read More
While in previous years, students in construction classes at South Sioux City High School made clocks or built cabinets, this year, according to what siouxcityjournal tells MHProNews, they are building a modular home. Instructor Joe Krajicek said practicality was the momentum behind the new project. “We started looking at ways
Iowa High School Students Building Modular Home Read More
For its third fiscal quarter 2015 ending Aug. 1, 2015, Nobility Homes reports sales increased 32 percent to $7,059,263.00 over $5,346,639 for the same period of 2014. As einnews tells MHProNews, income from operations rose from $289,126 for Q3 2014 to $787,272 for the same period in 2015. Net income
Nobility Homes Records 32 Percent Sales Increase Read More
MHPronews has learned from constructionenquirer that modular building specialist Caledonian Modular in the UK is closing its Driffield manufacturing facility in East Yorkshire and transferring those operations to its Newark plant, with minimal loss of jobs. A spokesman for Caledonian Modular said: “Caledonian has ambitious plans to double revenue over
Champion Homes Subsidiary Consolidating Space in United Kingdom Read More
MHProNews has learned from dezeen the Shelter Unit for Rapid Installation (SURI) was originally designed to provide modular housing after earthquakes, but is now being used to house the millions fleeing conflicts in the Middle East and sub-Saharan Africa. Developed by Spain’s Surricatta Systems, additional units can be added to
Spanish Modular Units Housing Refugees from Middle East and African Conflicts Read More
Following a series of MHProNews posts reporting the sale of Patrick Industries, Inc. (NASDAQ:PATK), especially within the last three months, and largely by Jeffrey L. Gendel,l dakotafinancenews states major stockholder Tontine Capital Partners LP unloaded another 60,000 shares of Patrick at an average price of $44.42 for a net value
Patrick Investor Unloads more Stock Read More
In the news from CNNMoney: Donald Trump is scaring Wall Street. Once again, Chinese stocks plummeted six percent in two days. U. S. retail sales rose +0.2 percent in August over July. Facebook working on a dislike button. Google breaking the law in Russia. Meanwhile, the Yahoo Manufactured Housing Composite
Deer Valley Loses Yesterday’s Gain; Dow Gains +1.40% Read More
MHProNews last published a story on July 10, 2015, regarding the effort to site modular homes around Dublin, Ireland to ease homelessness of families who have been living in one-room motels for up to two years without cooking facilities. By exhibiting six samples of modular housing, the Dublin Region Homeless
Modular Housing for Homeless Advancing in Dublin Read More
Following a story MHProNews posted Feb. 27, 2014 regarding Winchester Ranch manufactured home community (MHC) in San Jose, California, the battle over some of the most expensive land in the country that sits under MHCs in Silicon Valley continues to burn brightly, much like the fires consuming parts of northern
Battle Rages over Repurposing of California Manufactured Home Communities Read More
While MODS (Modular on Demand Structures) International of Grand Chute, Wisconsin has sold 300 modular homes worldwide converted from shipping containers, Jose Atencio and his girlfriend, Aubrey Lorge, are combining four of the units to make a 1,100 square foot home to be sited in Menasha, WI, the first of
Company Ships Converted Modular Container Homes Worldwide Read More
In the news from CNNMoney: Economists don’t see a major slowdown in China. Iraq plans bond offering for risky investors. Is Janet Yellen the most powerful woman in the world? UAW contract for 140,000 auto workers expires at midnight. Cosby accusers to speak in a one hour A&E special. Jaguar
Deer Valley Spikes, Patrick Notches Solid Gain Read More
Seeking to assist low-to-moderate-income residents, St. Lawrence County, New York will hold a public hearing in Canton to inform people about the $850,000 Community Development Block Grant (CDBG) for which the county is applying to rehabilitate and replace some homes, including manufactured homes. “Almost 50 percent of the households in
CDBG Funding will Repair, Replace Manufactured Homes Read More
According to columbiatribune, the Consumer Financial Protection Bureau (CFPB) reports baby boomers are carrying mortgage debt into retiring years. The percentage of homeowners 65 and older with mortgage debt rose from 22 percent in 2001 to 30 percent in 2011, and among homeowners 75 and older, the rate more than
Mortgage Debt Saddling more Retiring Boomers Read More
Webalizer reports that thousands have already visited the new, updated-format video promoting upcoming “Inside MH” tours, events and interviews. Feedback from Industry professionals on this new format has been positive. Select comments are below. — actual comments from Video Viewers below — I think that the video looks great, with
Manufactured Housing Video/Image/Education/News Campaign Expanding Read More
