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.
In a research report issued on Tuesday, C. L. King upgraded Patrick Industries (NASDAQ:PATK) from a “buy” rating to a “strong buy” rating, according to dakotafinancialnews. A manufacturer of component products and distributor of building products and materials to the manufactured housing (MH) and recreational vehicle (RV) industries, company stock […]
Patrick Industries’ Stock Rises following Acquisition Read More
Following a Supreme Court’s ruling in June regarding disparate impact, and the subsequent requirement that cities receiving HUD funding must be wary of siting affordable housing away from amenities and the opportunities of urban living, two Chicago activists highlight the problem of transportation inequality, according to nextcity. Brendan Sanders of
Transit Oriented Development in Relation to Affordable Housing Read More
The Texas Manufactured Housing Association (TMHA) informs MHProNews that both houses of the legislature voted to allow modular buildings and housing to be built four stories high, or 60 feet. Several of TMHA’s members expressed an interest in building modular hotels, multi-family and assisted living facilities in order to compete
Modular Building Raising the Roof One Floor; MH Related Bills that were Checked Read More
In the news from CNNMoney: Volatile markets rock China’s stocks. Smart stethoscope will transmit heartbeat digitally via Bluetooth to specialist. As oil prices dip, ConocoPhillips lays off 10% of workforce, stock plunges 40% in one year. Two dollar gas is near. New Star Wars toys on sale Friday Meanwhile, the
Patrick Ind. Rises Again; MHCV Gains 3.08 Percent Read More
A poll commissioned by the U. S. Consumer Coalition and conducted by Zogby Analytics revealed 55 percent of consumers compare the Consumer Financial Protection Bureau’s (CFPB) financial data collection methods to the National Security Agency’s domestic surveillance programs, saying they are both intrusive, according to news.heartland. Stating the CFPB infringes
Poll calls Consumer Financial Protection Bureau Intrusive, Existence Challenged in Court Read More
According to ncconsumer, a bill in the North Carolina House Judiciary IV Committee would no longer require manufactured home dealers to return all payments made on a purchase if the dealer changes the terms of a signed contract. As MHProNews understands, the dealer would only be liable for the initial
Bill in North Carolina Legislature would Alter Manufactured Home Sale Terms Read More
Following a story MHProNews last reported Aug. 11, 2014 regarding an affordable modular housing unit being built in Kips Bay in New York City, applications are now being taken for 14 of the planned 55 modular apartments. Former Mayor Michael Bloomberg had waived zoning regulations at a city-owned property at
Applications being Taken for Affordable Modular NYC Units Read More
A pioneer and innovator in the manufactured home industry in Georgia for over 35 years, William “Bill” Edwards passed away in Moultrie, Georgia Aug. 31, 2015. He co-founded Destiny Industries, Inc. in 1978 as a HUD Code manufacturer, building a distribution network across the southeastern U. S. with sales growing
Passages: William”Bill” Edwards Read More
They are both from the MH Communities sector of manufactured housing. They live in different parts of the U.S.. They could readily be described as a study in contrasting styles and views. As was reported on the Masthead blog, and the Daily Business News earlier today, the new September issue
As elkharttruth reports, Patrick Industries of Elkhart, Indiana has acquired North American Forest Products, Inc. and its wholly-owned subsidiary, North American Moulding LLC of Edwardsburg, Michigan for $85 million. North American manufactures and distributes wood and wood products primarily used in the production of manufactured homes (MH) and recreational vehicles
Patrick Acquires Michigan Wood Products Company Read More
In the news from CNNMoney: Oil prices fall 7%. Fears of China’s slowdown reflected in the three major indices downturn. Iran’s oil production will blossom if sanctions are lifted. Canada slips into recession in wake of oil decline. Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) slipped -1.16 percent to
Patrick Ind. Surges; Dow Plunges Again Read More
Writing in MHHomeLivingNews, award-winning writer Jan Hollingsworth recounts the story of the older gentleman, likely a farmer, in bib overalls who visited a manufactured home dealership in Kentucky. After two hours of perusing the possibilities of different homes, he chose one. But when he asked the salesman for help in
Is the CFPB Protecting us from Buying Homes? Read More
The upcoming byelection in Canning, in Western Australia, will see a candidate for the Greens party who is a strong supporter of factory-built home construction, according to communitynews.au. Vanessa Rauland, a Curtin University lecturer, renewable energy advocate and small business owner has a background in low carbon urban development, and
Candidate in Aussie Election Supports Manufactured Housing Read More
August 2015 is now in the history books, and there were some records in readership on the manufactured housing industry’s flagship trade journal e-publication, MHProNews. Webalizer reports that there were 5 days in August that “hit-counts” on this site topped 100,000 in a day. On August 21st, that Webalizer report
Serious September – Controversial, Challenging, Compelling New MH Issue Looms Read More
The Insurance Institute for Business and Home Safety (IBHS) has officially recognized Palm Harbor Homes for its production of the first ever disaster resistant modular home designed to significantly reduce property damage during a severe storm. Produced in Palm Harbor’s facility in Plant City, Florida, realestaerama tells MHProNews this is
Palm Harbor Constructing tougher Modular Home to Withstand Hurricanes Read More
Daily Business News reporter Matthew J. Silver proudly states his step-son and daughter-in-law, Jonathan and Ashley Brooks, have gained national attention and accolades for their new restaurant, Milktooth, in Indianapolis. Serving brunch six days a week, 7AM -3PM, each dish is prepared on the spot when ordered, using the freshest
A Bracing Brunch at Milktooth in Indy Read More
In the news from CNNMoney: Times Square billboard attacks $15 minimum wage. August was worst month for Dow in five years. Oil rises to nearly $50 a barrel. Walmart cutting employees hours at some stores. Fed says rise in interest rates in September still a possibility. Trucks are being repossessed
MHCV, Tracked MH Stocks Relatively Quiet Following Wild Last Week Read More
Following a story that MHProNews last reported June 20, 2015 regarding UMH Properties, Inc.’s long-time plan to build either a manufactured or modular home community on 106 acres it owns in the Village of Coxsackie, New York, while UMH (NYSE:UMH) wants to move forward with the project, the village is
UMH Properties Pushing to Develop Manufactured/Modular Home Community in New York Read More
MHProNews is conducting a survey of MH industry professionals to get your opinion of how current rulings, media portrayals of manufactured homes and communities, good and bad, affect sales, and how active do you think MH pros are in addressing political issues. Survey results received to date indicate a low
Survey of Manufactured Home Professionals Read More
The National Association of Realtor’s (NAR) Pending Home Sales Index rose 0.05 percent in July to 110.9, according to forbes, 7.4 percent higher than July, 2014 when the index was 103.3. This follows a drop of 1.8 percent in June to 110.3, as MHProNews reported July 30, 2015. (An index
July’s Pending Home Sales Slow on Short Supply Read More
