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 response to a question posed by a reader of citizen-times in Asheville, North Carolina, MHProNews has learned Buncombe County, the county seat where Asheville is located, has 20,681 manufactured homes with a tax value of $476.7 million. Writer John Boyle said the number has not changed much from 2004 …
Manufactured Home Numbers Remain Stable in North Carolina County Read More
Port Orange, Florida’s Triangle Realty has managed to survive nearly 30 years of the economy’s up and downs by diversification. Owner Bob Marandino deals in manufactured homes (MH), residential sales and condos and property management, according to news-journalonline. “When one area is down another is up. We’ve been successful and …
Florida Realtor expects Baby Boomers will Drive Manufactured Home Sales Read More
Representative Keith Ellison (D-MN) introduced H. R. 3275 on July 29, 2015 to authorize the Secretary of Housing and Urban Development (HUD) to issue funding to owners of manufactured homes for the replacement of those homes with Energy Star-rated manufactured or modular homes, as MHProNews has learned from popvox. According …
House Measure would Replace older Manufactured Homes with New Ones Read More
What’s New in public focused Manufactured HomeLivingNews.com Art Linkletter and Manufactured Housing today Maintaining Quality and Strength While Saving Homebuyers Money – Inside MH Video with Mike Stone, part 2 What’s New in Manufactured Housing Industry Professional News Texas city lifts ban on MH after show of strength by industry …
Sunday Morning Recap-Manufactured Housing Industry News July 26-Aug. 2, 2015 Read More
Just in time for your Sunday morning coffee and weekly industry news recap, the new August 2015 issue of new featured articles will be live on the MHProNews.com home page. As usual, timely reports by experts, industry-focused videos, interviews, financing with the new appraisal rule, proven business building tips and …
New Featured Articles on MHProNews.com go live by Sunday morning Read More
A study conducted by Hannah Thomas, a senior analyst with ABT Associates, correlated foreclosure data, criminal activity and property value loss with the role of mortgage servicers in two Boston neighborhoods, according to housingwire. Thomas interviewed real estate agents, real estate lawyers and foreclosure auctioneers, and examined foreclosure sales data …
Berlin-based architect Sigurd Larsen built a house in Copenhagen that utilizes only three materials: a self-heated concrete floor eliminates the need for bulky radiators, double-glazed windows and eight manufactured wooden panels that help maintain heat in the winter months. Floor-to-ceiling windows on the east and west sides catch the morning …
Danish Modular Home Utilizes Sun and Heated Floor for Warmth Read More
Following a story MHProNews posted July 29, 2015 regarding a Request for Information (RFI) from the General Services Agency (GSA) concerning manufactured homes for the Federal Emergency Management Agency (FEMA), the Manufactured Housing Association for Regulatory Reform (MHARR) says it is “questionable.” MHARR states FEMA may be seeking suppliers of …
In the news from CNNMoney: Exxon and Chevron profits are down 50 percent. Puerto Rico will likely default Monday. Greek stock market to reopen. Beijing gets the 2022 Winter Olympics. Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) gained +2.16 percent to end the day at 984.86. More manufactured housing …
MHCV Beats Dow, Gains 2.16%; Carlyle Outpaces other MH Stocks Read More
An OpEd in Tampa’s tbo entitled Fairness and Respect for Florida’s Manufactured Home Owners has put a local focus on the OpEd in thehill in which MHLivingNews and MHProNews publisher L. A. “Tony” Kovch notes the unintended consequences of the Dodd-Frank Act that make lending on manufactured homes valued at or …
Tampa OpEd Calling for Fairness and Respect Resonating with Manufactured Home Industry Read More
In its quarterly earnings report for Q2, 2015, Patrick Industries, Inc. (NASDAQ:PATK) reported $0.78 earnings per share, beating the Thomson Reuters consensus estimate of $0.73 by $0.05, according to AnalystRatingsNet. Revenue of $233.50 million was just short of the consensus estimate of $239.80. CL King had set a “buy” rating …
Patrick bests Analysts Estimates on Earnings Per Share Read More
Capital One informs MHProNews that during the past 45 days it has completed 17 transactions for manufactured housing community investors providing over $150 million in funding. Led by Senior Vice Presidents Chad Thomas Hagwood and Damon Reed, the properties were located in Arizona, California, Colorado and Oregon, indicating the wide …
Capital One Closes $150 Million in Deals in 45 Days Read More
Port St. Joe, Florida residents are up in arms over the proposed siting of a manufactured home (MH) in their subdivision, according to whjg-tv, saying it will lower their property values. Some residents are not sure if it is an MH or modular, leading the city to put a stop …
Florida City wants to Extend ban on Manufactured Homes Read More
Sun Communities, Inc. (NYSE:SUI) reported earnings of $0.87 per share for the second quarter, besting analysts expectations by $0.04 per share, and besting earnings for the same quarter last year by $0.09 per share, according to dakotafinancialnews. Sun’s revenue was up 40 percent on a year-over-year basis, $165.90 million for …
In the news from CNNMoney: Gold may fall to $350. China’s stock market is nearly in a free fall. U. S. economy grew 2.3 percent from April to June. Median home price in the U. S. is $236,000. Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) gained +0.76 percent to …
Skyline Gains +3.65%; Most Manufactured Housing Stocks Rise Read More
According to the National Association of Realtors’ (NAR) Pending Home Sales Index (PHSI), pending home sales declined in June, for the first time in 2015, following five straight months of increases. As themreport informs MHProNews, the drop was -1.8 percent in June to 110.3, but remains 8.2 percent above the …
The modular home that placed ninth in the 2013 U. S. Department of Energy Solar Decathlon competition is now up for auction by Reid’s Auction Canada Inc. Borealis, constructed by University of Calgary and Mount Royal University students features an array of roof-mounted solar panels that generates as much energy …
Although not all of their merchandise can be ordered online, Swedish furniture manufacturer Ikea has developed an entire modular house they will build and flat-pack ship to you for only $86,000. In conjunction with architecture by IdeaBox, less than dramatic would define this clean-lined abode. The 745 square-foot home, the …
In the wake of the story MHProNews posted July 22, 2015 regarding the city council of Huntsville, Texas changing its mind to allow manufactured homes (MH) within the city limits after first denying their placement, Executive Director D. J. Pendleton of the Texas Manufactured Housing Association (TMHA) has issued a …
Seeking Problems/Success Stories with Siting Manufactured Homes in Texas Read More
In the news from CNNMoney: Interest rates likely to rise in six weeks. Cigarettes are harmful, but shares of Marlboro maker Altria are up over 30% the last 12 months. Toshiba’s interim CEO takes 90% pay cut. Hot air returns to Tom Brady’s denial: “I did nothing wrong.” Meanwhile, the …
Dow Rises 121 Points; Rise in Interest Rates once again on Hold Read More
