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.
Ted C. Jones, chief economist and senior vice president for Stewart Title Guaranty Co. in Houston, says financing the buying and selling of houses will be much more difficult when the mortgage disclosure rules go in to effect Oct. 1, as newsok tells MHProNews. “We’re going to continue to have […]
Title Company Head says Mortgage Disclosure Rules will Delay Home Sales Read More
Following a story MHProNews last posted on Feb. 24, 2015 regarding the closing of the Life O’Riley manufactured home community the previous year, and subsequent forced evacuation of all the residents in ten days because of unsanitary conditions, code enforcement has been moved back from the state to the city.
Manufactured Home Code Enforcement in City Hands Read More
Undergraduate students at the New York City College of Technology are busy building a modular, environmentally conscious solar home to enter into the U. S. Department of Energy’s Solar Decathlon competition this fall, according to nbcnewyork. The DURA house—diverse, urban, resilient, adaptable—is an open-concept, one-bedroom, net zero weather-resistant living space
NYC Students Entering a Modular Home in Solar Decathlon Read More
In the news from CNNMoney: Oil rises ten percent. Donald Trump says tax the rich more. U. S. Gross Domestic Product rose 3.7 percent in 2nd quarter, stronger than expected. China’s lowered demand for copper hurting U. S. jobs. Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) lost -0.57 percent
Near All Manufactured Housing Stocks Close Up; Dow Gains Strength Read More
Updating a story MHProNews published Jan. 16, 2015 regarding the city of Pearl, Mississippi’s attempt to prevent a manufactured home community (MHC) from refilling vacated sites with manufactured homes (MH), Madison-Rankin Circuit Judge John H. Emfinger ruled the city does not have that authority, saying the ordinance would destroy the
Judge Rules Manufactured Home Community’s Right to Replace Homes Read More
Fourth quarter 2015 financial results for Skyline Corp (NYSE:SKY) indicate net sales from continuing operations increased eight percent over the same period last year, $49,605,000 over $46,040,000, resulting in a net loss of $149,000 versus a net loss the previous fiscal year Q4 of $1,672,000, according to prnewswire. The 2015
Skyline Corp. Reports Q4 and Fiscal Year 2015 Financials Read More
Residents of the 50 home site Fetherston Mobile Home Park in North Grenville, Ottawa, Canada were concerned in the late 1990s when they noticed sewage seeping out of the ground in their community, according to insideottawavalley. By 2001 the community was heading into bankruptcy, when the Ministry of the Environment
Unique Wastewater Treatment System Solves Manufactured Home Community Problem Read More
Updating a story MHProNews last published April 17, 2015 regarding the expansion of the Clayton Bradley Academy on the campus of Clayton Homes in Maryville, Tennessee, the Class of 2030 and the Class of 2018 broke ground for the multipurpose building that will include a 600-seat gymnasium, ten additional classrooms,
Clayton Bradley Academy Expansion Begins Read More
Estimates released by the U. S. Census Bureau and the U. S. Department of Housing and Urban Development (HUD) indicate sales of new single-family homes in July rose 5.4 percent over June to a seasonally-adjusted annual rate (SAAR) of 507,000, besting June’s numbers of 481,000. The level is 25.8 percent
New Single-family Home Sales Rise in July Read More
In the news from CNNMoney: $2.1 trillion lost in U. S. stocks in six days. New York Fed says a September rate hike is less compelling. Dow skyrockets to 3rd highest gain ever. Donald Trump has news reporter Jorge Ramos removed from press conference, then allows him to return. Oil
Manufactured Housing Stocks Close Up; Dow Regains Lost Ground Read More
Stephen D. Williamson, vice president of the St. Louis Federal Reserve, says the Fed’s quantitative easing policy of purchasing monthly debts to stimulate the economy following the Great Recession was not all that beneficial to economic improvement. He says the zero interest rates since 2008 have not promoted good inflation
Fed’s St. Louis Veep Questions Fed Policies Read More
The Northern Indiana Public Service Company (NIPSCO) is offering a free Manufactured Home Weatherization Program to its residential natural gas and electric customers residing in a manufactured home. For better comfort and smaller energy bills, the upgrades a representatives can install include programmable thermostats, showerheads, faucet aerators, duct sealing, CFL
NIPSCO Energy Program Saves MH Owners on Utilities Read More
MHProNews has learned from athensreview the Athens (Texas) City Council voted to amend an ordinance that alters the age of manufactured homes (MH) that are allowed to be sited in the city. The ordinance originally allowed MH from 1990 to be moved in, according to Athens Director of Planning and
Texas City Allows only Newer Manufactured Homes to be Sited Read More
The owners of Logan’s Crossing Manufactured Home Community in Dallas, Georgia, in conjunction with the Paulding Education Foundation, encourage excellence in attendance and achievement by offering awards to students who live in the community. According to neighbornewpapers, Dr. and Mrs. Ron Cobb established the Logan’s Crossing MHC Fund with the
Owners of Manufactured Home Community Honors Resident Students Read More
In the news from CNNMoney: Asia’s richest man, Wang Jianlin, has lost about $13 billion in Chinese stock crash. NRA sues Seattle over $25 gun tax. Oil prices fall below $39. Chinese government acts to stem the falling markets. Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) fell -2.35 percent
Dow Continues Sliding; Manufactured Housing Stocks Close Mixed Read More
If Zad Roumaya has his way, the Cedars in south Dallas, Texas will be the site of a complex of 320 square-foot modular container homes in an area currently undergoing a transformation, according to dallasobserver. Once an area known for its stately Victorian homes, in the 1960s many of the
Minimalist, Modular Container Homes Develop in Dallas Read More
According to the U. S. Census Bureau, home ownership fell to 63.4 percent in Q2, the lowest rate since 1967. Concurrently, renter-occupied units rose by two million from the previous year. MHProNews has been informed by bloomberg that BlackRock Inc., the world’s largest money manager, is jumping in to the
Association leaders are telling MHProNews that there has been a notable ‘quiet’ during the first month of the implementation of the CFPB imposed Appraisal Rule on HPML loans. One association leader told us off the record that “I’ve had no reaction whatsoever, so I must assume everyone is coping.” Mary
Appraisal Rule on HPML Manufactured Home Loans – 1 Month Impact? Read More
Sherkston Shores manufactured home community (MHC) in Ontario, Canada is a 560-acre resort south of Niagara Falls owned by Carefree Communities, with 1,700 manufactured homes that owners occupy from May to October on the shores of Lake Erie. There are also 80 rental cottages and 40 rustic cabins as well
Canadian Land Lease Community Offers Lake Erie Vacationing Read More
According to themortgagereports, the National Association of Realtors (NAR) says rising rents, a favorable lending environment and low mortgage rates are driving the market for homes nationwide. In January, the median time for homes to be on the market was 69 days—half the homes sold in less than 69 days,
Homes Selling Quicker than Six Months Ago Read More
