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.
As sltrib informs MHProNews, the influx of some 200,000 migrants into Europe this year has benefited the modular housing division of Paris-based Touax Group in Supikovice, Czech Republic, which is trying to keep up with the demand from Germany to house those fleeing war and poverty in their native lands. …
European Modular Housing Builder Overwhelmed by Demand Read More
The National Association of Home Builders (NAHB) reports its 55+ Housing Market Index (HMI) slipped one point to 57 in the second quarter of 2015, but maintains the fifth consecutive quarter with a reading over 50. Any number over 50 indicates builders think conditions are good rather than poor, according …
Following a story MHProNews posted July 27, 2015 regarding the possibility that the Department of Housing and Urban Development (HUD) may increase payments to State Administrative Agencies (SAAs), the Manufactured Housing Association for Regulatory Reform (MHARR) states that HUD’s proposed overall funding to the SAAs would diminish because part of …
Two Texas mortgage lenders who were “engaged in a scheme to charge bogus fees to consumers, which improperly inflated mortgages for borrowers purchasing newly constructed manufactured housing,” agreed to settlements with the Department of Housing and Urban Development’s (HUD) Mortgagee Review Board (MRB), according to themreport. For violations of the …
Lenders Fined, Lose FHA Approval Status for Manufactured Home Lending Fraud Read More
In the news from CNNMoney: Median home price in San Jose, CA is $980,000. Whole Foods stock down over 30 percent this year. Chicago laying off 500 teachers. 8.5 billion people on Earth by 2030. China devalues currency, hurting several U. S. companies. Saudi’s finances stretched by oil price drop, …
Deer Valley Homes Skyrockets +85.71%; Dow Loses most of Yesterday’s Gain Read More
Students at the University of Notre Dame’s Kinetic Structure Laboratory have developed an origami-inspired deployable shelter for the military that will cut energy usage used to heat and cool canvas tents by 70 percent, according to gizmag. Instead of erecting four shelter walls as in traditional construction, the walls are …
Shelters Developed for Military may be Used for Disasters Scenarios Read More
According to cbsnews, there are many advantages of a modular home, especially versus a stick-built. Energy bills are lower because of the tight-fitting seams and state-of-the-art windows, which also earned them a reputation for being able to better withstand natural disasters. Because the home is made inside and delivered in …
Modular Home Construction can Realize Cost Savings Read More
Elkhart, Indiana-based Drew Industries, Inc. (NYSE:DW) reports its wholly-owned subsidiary, Lippert Components, Inc. (LCI®) has acquired Roehm Marine, LLC, aka Signature Seating for $16 million. Headquartered in Fort Wayne, Indiana, Signature manufactures furniture for use in fresh water boats, specifically pontoon boats, as prnewswire informs MHProNews. Drew’s President Scott Mereness …
Drew goes Fishing, Finds Furniture for Fresh Water Float Read More
“Nowadays, when someone carries out a search on your company through the Internet, any type of result about your business can show up. Google will not discriminate between positive or negative comments on your company, so you have to do whatever it takes, legally, to manage your reputation online. Reputation …
Grenade Marketing Offers Reputation Marketing for Manufactured Home Industry Pros Read More
In the news from CNNMoney: Gasoline prices expected to fall below $2. gallon by fall. Gift cards are the most requested gift in the U. S. for eight years. Wages growing fastest in Columbus, Ohio, San Francisco, Virginia Beach, Va. and Louisville, Ky. Low gas prices could hamper rise in …
Dow Posts Strong Gain, MHCV Slips, LPX Gains 4.60% Read More
Norman Schweiss, 87, founder of Norm’s Mobile Home Sales, passed away in Eau Claire, Wisconsin. In 1953, at 25 years of age, Norm started his business, which eventually grew into seven locations throughout Wisconsin and Illinois, and in the 1970s, he expanded into developing and managing land lease communities, according …
In response to an article in the Portsmouth Herald in Portsmouth, New Hampshire, residents of Hillcrest Estates manufactured home community (MHC) complain about the city planner’s suggestion that Hillcrest’s owner create a better sense of neighborhood in the community by building pocket parks. As seacoastonline tells MHProNews, Earl and Carole …
Manufactured Home Community Residents say City has it Wrong Read More
The city of Vernon in south central British Columbia, Canada has issued a development permit and subdivision plan approval for a 77 home site manufactured home community, according to what vernonmorningstar tells MHProNews. Noting the need for more local housing, Len Sloan, of the development company, said, “We have no …
Canadian City Planning new Manufactured Home Community Read More
What’s New in public focused Manufactured HomeLivingNews.com Paul Simon, Singing Homeward Bound, Doing Good Work and MH The Hybrid Core – A Different Style Factory Home-Building Process What’s New in Manufactured Housing Industry Professional News HUD Code Production Continues Rising. RV/MH Hall of Fame Inducts Class of 2015. Positive End …
Sunday Morning Recap-Manufactured Housing Industry News Aug. 2-Aug. 9, 2015 Read More
MHProNews has learned from sanjose.granicus that the cityof San Jose, California has 59 land lease communities comprised of 10,836 manufactured and mobile homes housing approximately 35,000 residents. Many of the residents are elderly and some are disabled, sometimes both. San Jose has the highest concentration MH and MH households of …
San Jose, California Seeks to Forestall Conversion of Land Lease Communities Read More
A company focused on energy efficiency, Ibacos, allied with developer Elliot Fabri Jr.’s EcoCraft Homes, a modular home buildern to erect an infill home on Pittsburgh’s north side. Thirty built-in monitors measure the levels of heat, humidity and CO2 levels, according to triblive. The home uses small, high efficiency heating …
Monitors Measure Energy Use in Energy Efficient Modular Home Read More
A $660,800 grant from the New York State Division of Homes & Community Renewal (NYSHCR) will be used to replace dilapidated owner-occupied pre-HUD Code homes with energy-efficient manufactured homes in Otsego County, as reports thedailystar. Karen Sullivan, Otsego County Planning & Solid Waste Director, says over the next two years …
Program in Second Year to Replace and/or Repair Manufactured Homes Read More
In the news from CNNMoney: U. S. economy adds 215,000 jobs, unemployment rate holds at 5.3 percent, income rises one percent in last year. Black unemployment rate falls to lowest point in seven years. U. S. has a deficit of skilled workers. Carly Fiorina was declared the winner of the …
William Matchneer, who once served as head of the Manufactured Housing Program at the Department of Housing and Urban Development (HUD), and from 2011 to 2014 with the Consumer Financial Protection Bureau (CFPB), recounts how implementation of the Dodd-Frank Act directives for High-Cost Mortgages under the Home Ownership and Equity …
Former Head of Manufactured Housing at HUD Urges Passage of S. 682 Read More
Manufactured home community (MHC) operator UMH Properties, Inc. (NYSE:UMH), in posting its 2nd quarter financial results for 2015, reported $0.12 earnings per share, missing analysts consensus estimate of $0.16 by $0.04, according to prnewswire. Net operating income from community rose 18 percent to $8.8 million for Q2 2015 as compared …
