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 National Modular Housing Council (NMHC) tells MHProNews that 3,509 modular homes were shipped in the second quarter of 2015, a drop of one percent from the same quarter of 2014. Compared to the second quarter of 2014, 20 states revealed increases and 12 states lost shipment numbers, while in […]
Modular Home Shipments Slip in Q2 Read More
What’s New in public focused Manufactured HomeLivingNews.com Video Previews! Home Tours – Interviews – Drones – Tips – Tech – Talk – Inside MH! Less House, More Life! NBC reports Stunning Manufactured Home Makeover, Today Show What’s New in Manufactured Housing Industry Professional News HUD Code production rises, as Alaska
Sunday Morning Recap-Manufactured Housing Industry News Sept. 6-Sept. 13, 2015 Read More
MHProNews has learned from the-review that seniors can now use the reverse mortgage program to purchase a home, allowing them to, say, trade their two story home for a one level with easier access to cabinetry, wider doorways for wheelchairs, and grab bars installed in the bathroom. Using the same
Manufactured Home Purchase now available through Reverse Mortgage Program for Seniors Read More
According to seekingalpha, manufactured home community (MHC) owner UMH Properties, Inc. has a high concentration of its communities in Ohio, New York and Pennsylvania, and 80 percent of them are within the Marcellus and Utica Shale regions where energy companies have stepped up drilling for natural gas. UMH says same
UMH Properties has High Concentration in Energy Development Region Read More
In the news from CNNMoney: Most cars will soon have automatic brakes, triggered by radar, laser or cameras. Kroger offering lower-priced organic alternative to Whole Foods. Oil could fall to $20 a barrel. NYC to raise minimum wage to $15 hour. Gamblers betting Trump will not win White House. Meanwhile,
Equity LifeStyle, Sun, Cavco Outperform Major Indices Read More
In a continuing selloff of Patrick Industries, Inc. (NASDAQ:PATK) stock, as MHProNews has noted on numerous occasions recently (see Sept 3, 2015), Jeffrey L. Et Al Gendell sold 77,364 additional shares of company stock at an average price of $44.88 for $3,472,096.32. This adds to the 113,000 shares he has
Major Stockholders, including CEO, Continue Selling Patrick Industries Stock Read More
An attempt to site 120 manufactured homes (MH) on a 22-ace plot of land in Taylor, British Columbia, Canada has run into opposition from the District of Taylor Council. Jennifer Hillmer, business development manager for Jandel Homes, said the MH would be on the lower end, filling the need for
Manufactured Home Subdivision in Canada Receives Cold Reception Read More
With the need in the United Kingdom of 250,000 homes per year to meet the demand, globalconstructionreview is telling MHProNews a new modular home is touted as being ready to occupy in only eight weeks from start to finish, half the normal 16 weeks to build, according to building research
UK’s Modular Housing Ramping up to Meet Shortage Read More
With concerns over the high cost of housing in New Zealand, the Auckland Home Show emphasized smaller and more economical options, according to stuff.co.nz. One of the small-living products was modular Ecotech homes, imported from China and then assembled on site. The process from order to completion takes four months.
Modular Homes being Imported from China to New Zealand Read More
The founder of manufactured housing and recreational vehicle component supplier Patrick Industries, Inc., Mervin D. Lund passed away at age 92. He introduced gypsum board to the manufactured housing industry as well as other materials that are still being used. A long time member of the Manufactured Housing Institute, he
Passages: Mervin D. Lung Read More
The Fannie Mae Home Purchase Sentiment Index (HPSI) in the last couple of months dropped to 80.8 from it record high set in June of 84.7, although it is up from a year ago and has stayed within a five-point range since one year ago. Fannie Mae Chief Economist Doug
Housing Sector Continues to Chug Along, although Consumer Confidence Lags Read More
In the news from CNNMoney: Many voices tell Fed now is not the time to raise rates. Wages are not keeping up with growth in home prices. 21 % of children living in poverty in 2013, up from 15% in 2000. Unemployment claims fall. Iranians want U. S. vacations and
Deer Valley Leaps Up +7.14%; Most Stocks Relatively Quiet, Compared to Recent Volatility Read More
SnapSapce Solutions Inc. has been retrofitting old shipping containers into restrooms, offices, concession stands and storage units in the former ZF Lemforder plant since 2011 in Brewer, Maine, as bangordailynews informs MHProNews. In an August cease and desist letter to SnapSpace, Assistant Attorney General Christopher L. Mann said, “It has
Repurposing Containers into Modular Homes needs MH Licensure Read More
Following MHProNews‘ story yesterday (Sept. 9. 2015) about the sale of $6.38 million worth of Patrick Industries, Inc. (NASDAQ:PATK) stock on Sept. 4, 2015 by Tontine Capital Partners LP, the company continues to hold 12.78 percent of Patrick’s market cap, equivalent to two million shares. The significance of this unloading
Volatility has Hit Patrick Industries, Inc Stock Read More
MHProNews has learned Michigan-based MHRE, which specializes in the marketing of manufactured home and recreational vehicle communities across the country, has orchestrated the sale of a three property, all age manufactured home community portfolio comprised of 921 home sites, all in Michigan. The sale includes community owned manufactured homes and
MHRE Arranges Sale of Three Manufactured Home Community Package Read More
The Ford County Commission in Dodge City, Kansas denied Rosario N. Acosta-Aponte’s request to rezone residential land on Highway 50 to commercial for selling manufactured homes. He wanted to display five homes built in 2000 or later and would not take trade-ins, as dodgeglobe tells MHProNews. Zoning Administrator Mark Shriwise
Rezoning Request Denied for Manufactured Home Retailer Read More
In the news from CNNMoney: America has 5.8 million job openings, some are unfilled because of skill shortage. Japan’s Nikkei rises eight percent as global markets rebound. Puerto Rico still behind on its debt. Inmates in Philadelphia making walnut chair for the Pope. Sony RX100 is best pocket-sized camera. Meanwhile,
Most MH Related Stocks Fall; Dow Continues See Saw, Drops Sharply Read More
Calling it the tallest modular wood structure in the country, Professional Building Systems, Inc. two weeks ago began stacking the 42 apartments that will serve as affordable housing for students of New York Medical College in Paterson, New Jersey. Standing 60 feet and six inches tall, the building will provide
Modular Apartment Building will House Med Students Read More
Updating a story MHProNews posted Sept. 3, 2015 regarding the sale of Patrick Industries, Inc. (NASDAQ:PATK) stock by two major shareholders, one of them, Tontine Capital Partners LP, unloaded another 143,950 shares of Patrick on Sept. 4, 2015. In a filing with the Securities and Exchange Commission, according to dakotafinancialnews,
Major Shareholder Unloads $6.3 million of Patrick Industries Stock Read More
MHProNews has learned from ktuu-tv that the housing market in Anchorage, Alaska is very tight, with 40 percent of all renters in the Mat Su Valley earning $40,000 a year or less. In response, Weidner Property Management has sited over 200 new manufactured homes in a rental complex. The Alaska
Alaska Program offers Subsidized Manufactured Homes to Low-Income Renters Read More
