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.
Based on rent and occupancy trends from July 2005 to July 2015 in Colorado, benzinga informs MHProNews that Datacomp reports occupancy rates in 55+ manufactured home communities (MHCs) have risen for the third consecutive year, and now stands at 90 percent, up 1.4 percent over July 2014. The national average […]
Rent, Occupancy in Colorado Manufactured Home Communities Rise Read More
MHProNews has leaned from winnipegsun that Tina McCorrister of the Peguis First Nation says 37 modular homes that were purchased from an American company for almost $3.5 million all have problems that make them uninhabitable. Mould was discovered in the first seven homes because they had not been properly wrapped
Modular Homes Received by Canada’s Peguis are all Defective Read More
In the news from CNNMoney: Fed lack of decision gives Wall Street the jitters. 14% of American households struggle to put food on the table. America has 5.8 million job openings. Tennessee paying for community college students. IRS using technology from JFK’s era. Meanwhile, the Yahoo Manufactured Housing Composite Value
Skyline Spikes, Dow Drops Read More
Following a story MHProNews published Aug. 19, 2015 regarding a container housing project for the homeless in Honolulu, Mayor Kirk Caldwell now proposes a temporary modular housing facility for homeless families on the Leeward Coast. “There are not enough sites for families and as we do our enforcement actions, we
Honolulu Planning Modular Community for Homeless Families Read More
The Mississippi Regional Housing Summit will be held in Vicksburg beginning Sunday, Sept. 20 through Tue., Sept. 22 to focus on providing affordable housing in the 2nd Congressional District. With 400 people registered to attend, and the first of its kind in the state, it is drawing public officials, vendors,
Mississippi Summit Focus is on Affordable Housing Read More
In and around Boulder, Colorado are eight manufactured home communities (MHC), with a total of just under 1,600 homes, most of which were built before the federal building standards took effect in June, 1976, as dailycamera reports. Recognizing the importance of the communities as affordable housing in a city not
Boulder Considers Ways to Protect Land Lease Communities Read More
The Alpine Park manufactured home community (MHC) in Dubuque, Iowa was ordered to pay a $5,000 civil penalty and $3,924 in actual damages to a resident stemming from the community management’s decision to prevent a visitor from entering the community because of the breed of a service dog. According to
Judgment Upheld against Land Lease Community over Visiting Service Dog Read More
In CNNNews: HP to cut another 25,000 to 30,000 jobs. Federal Reserve leaves interest rate near zero. Wealthy blacks the next big target for marketers. Trump does not define how he would make America great. 23 million people watched debate, a record for CNN. Doritos produces rainbow chips to support
Stocks Relatively Quiet as Federal Reserve Backs off from Interest Rate Hike Read More
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
