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.
MHProNews has learned from marketwatch that real estate investment trust (REIT) Sun Communities, Inc. (NYSE:SUI), owner and operator of manufactured home and recreational vehicle communities, has declared a quarterly distribution of $0.65 per share of common stock for Q3 2015, payable Oct. 16, 2015 to shareholders of record as of …
Sun Communities Declares Stockholder Dividends for Third Quarter Read More
If Bill Stetson and other residents at Green Meadows Mobile Home Park in Concord, New Hampshire so choose, they may become the 114th co-operative owners of their own manufactured home community (MHC) in the state. A resident of Green Meadows for 31 years, he said, “This is an opportunity that …
Residents of Land Lease Community may Seek Co-operative Ownership Read More
Following a story MHProNews last published June 4, 2015 regarding the impending closing and planned relocation of residents of Wheel Inn Ranch RV and Mobile Home Park in Scottsdale, Arizona, the city’s Human Services Department will help residents, many of whom are elderly and/or disabled, in their transition. While MHP …
Manufactured Home Community Residents Get Help from City, Fellow Citizens Read More
Following a story MHProNews last published April 10, 2015 regarding the continuing hit-and-miss saga of Forest City Ratner’s 34-story modular tower at the Barclay Center in Brooklyn, B2, curbed.ny reports a Freedom of Information Law (FOIL) request reveals there was considerable water damage in April and July, 2014. However, problems …
Documents Reveal Major Problems at Large NYC Modular Project Read More
Twin Town Homes was incorporated in Maine 60 years ago and Bob Huatori has been there for 50 of those years, starting as a lot boy when he was 20, becoming president 25 years ago, and inheriting the business in 2006 when the son of the founder, Hayward Luck, passed …
A public-private collaboration between the Maryville-Alcoa-Blount County Parks and Recreation Commission and Clayton Homes has resulted in a first class 18-hole disc golf course being developed on the 240-acre campus of the nation’s largest builder of manufactured and modular homes. The facility, called The Claytons, covers 120 acres, and has …
Clayton Homes Opens Campus to Public Disc Golf Course Read More
All U. S. stock markets are closed today in honor of the men and women who keep our economy churning. For relevant statistics regarding employment, past and present in the United States, please click here. (Photo credit: wikipedia commons) Article submitted by Matthew J. Silver to Daily Business News-MHProNews.
Of the forty-three manufactured homes in the Foothills and Riverbend Mobile Home Parks that were devastated in Lyons, Colorado by eight days of torrential rain and subsequent flooding, none have been replaced, dailycamera tells MHProNews. In fact, there is nothing to indicate that the disaster did not happen last week …
Manufactured Home Communities Wiped Out Forever by Raging River Read More
Workers who are employed are a key target group for manufactured housing marketing and sales efforts. So on this Labor Day, September 6, 2015, a snapshot of the U.S. labor market facts – courtesty of CNSNews – citing Bureau of Labor Statistics (BLS) – is instructive. In August 2015, CNS cites …
What’s New in public focused Manufactured HomeLivingNews.com Impact of CFPB Loan Regulations on the lowest cost Manufactured and Mobile Home Owners Beauty + Strength! Donald Holland, Sunshine Homes Red Bay AL – Inside Manufactured Homes Video What’s New in Manufactured Housing Industry Professional News Modular homes withstand hurricanes. CFPB criticized …
Sunday Morning Recap-Manufactured Housing Industry News Aug. 30-Sept. 6, 2015 Read More
In a housing development that may have potentially dangerous international political implications, U. S. intelligence has determined that Russia is setting up an air traffic control tower and modular housing for hundreds of personnel at an air base near the Syrian Mediterranean port of Latikia. Since Russia has requested rights …
Russia Stations Modular Housing at Syrian Air Base Read More
India’s Architect Shekar Ganti won an architectural competition for skyscraper designs for Mumbai, the largest city in India with a population of 18.4 million, a port city with a plethora of shipping containers. Ganti uses a supporting structure to stack eight unit-high levels of modular shipping containers, like boxes stacked …
A Modular Container High Rise in Densely Packed India Read More
As they have been doing for ten years, the freshmen class of Roanoke College in Virginia wields hammers, saws and T-squares to build a modular home for someone in need in the Roanoke Valley, this year for an immigrant family originally from Burundi, Africa, according to roanoke. Working with Habitat …
Habitat for Humanity Builds 200th Modular Home in Virginia Read More
In the news from CNNMoney: The government said 173,000 jobs were added to the employment rolls in August, fewer than the 200,000 economists expected. U. S. unemployment rate is the lowest in seven years at 5.1 percent. Emeryville, California has the highest minimum wage in the country at $14.44. Meanwhile, …
173,000 jobs added in August; Dow Ends the Week Down Read More
The National Association of Federal Credit Unions (NAFCU) Congressional Caucus is the association’s credit union lobbying event of the year, bringing hundreds of credit union representatives from all across the country to meet with lawmakers and earn about legislation that may affect them and their members. The Congressional Caucus sponsors …
Distinguished Speaker Line-up Set for Credit Union Congressional Caucus Read More
Following a story MHProNews posted Aug. 27, 2015 regarding a judge’s ruling that the city of Pearl, Mississippi was illegally trying to eradicate manufactured home communities (MHCs) through attrition, three owners of Pearl MHCs have filed a Federal lawsuit charging the city with “purposeful discrimination” against low-and-middle-income housing, according to …
Federal Housing Discrimination Suit Filed against Pearl, Mississippi Read More
With the only verification of complaints by consumers against companies that there was a transaction of some sort, the mortgage finance industry remains perplexed by the Consumer Financial Protection Bureau’s publishing of unverified and anonymous charges against specific companies in their complaint narrative database. Since many of the complaints contain …
According to the CoreLogic Home Price Index, home prices increased 6.9 percent in July over a year ago, and rose 1.7 percent over June, including distressed sales. Home prices rose 6.7 percent year-over-year if distressed sales are excluded, and were up 1.5 percent month-over-month, as reported by nationalmortgagenews to MHProNews. …
In the news from CNNMoney: Tomorrow’s jobs report could tip the scale as to whether the Fed raises interest rates. Economists expect 200,000 jobs were added, and that the unemployment rate has fallen to 5.2 percent. The International Monetary Fund says it’s too early to raise interest rates. Falling demand …
Most MH Related Stocks Nudge Up; Analysts Await Tomorrow’s Jobs Report Read More
Capital One informs MHProNews that it arranged a $4.9 million fixed-rate Fannie Mae loan for the acquisition of a manufactured home community (MHC) in Canyonville, Oregon, 185 miles south of Portland. Completed in 2009, Knoll Terrace is a 134-homesite age-restricted community in a forested area, and the homes have two-car …
Fannie Mae Loan Arranged for sale of Manufactured Home Community in Oregon Read More
