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.
MHProNews has learned from bizjournals the former Oakwood Homes corporate headquarters in Greensboro, North Carolina has been sold to Stanley Benefits Services for $8.1 million, which will occupy 30,000 square feet of the 130,000 square-foot building. Oakwood, a builder of manufactured and modular homes with locations around North Carolina, vacated […]
Manufactured Home Builder Oakwood Sells former HQ Read More
News from KWQC TV6 in Davenport, Iowa informs MHProNews that residents of Lake Canyada manufactured home community (MHC) near Davenport were scheduled to vacate the community by 11:59 PM July 1, and while many had already left, Phillip Hicks, a resident of 28 years, and his wife, Linda, were still
Manufactured Home Community Closing, Set to be Sold Read More
In the news from CNNMoney: 3,500 oilfield workers in Williston, North Dakota have been laid off as oil prices drop. China runs four of the world’s largest five banks. CVS stopped tobacco selling and general merchandise sales fell nearly eight percent, same store basis. Ford uses over 31,000 soy beans
Louisiana Pacific Gains Most in Two Consecutive Trading Days Read More
For the second quarter 2015, sales at Drew Industries, Inc. (NYSE:DW) gained 13 percent over Q2 2014 to $362 million, one million over the first quarter to set a record, producing net income of $20.9 and earnings per share of $0.85, although short of consensus expectations of $0.93 per share.
Drew Sales Gained in Q2 2015 over Same Period 2014 Read More
MHProNews has learned from thisdaylive that Alpha Mead Development Company (AMDC) has announced its plans to lower the entry level for middle income home buyers in Nigeria, using a modular building system. AMDC is one of the Strategic Business Units of Facilities Management Company, Alpha Mead Facilities & Management Services
Nigeria Using Modular Methods to Construct Inexpensive Housing Read More
A couple in Costa Rica wanted to build a home inexpensively on their land outside San Jose, the capitol, and hired architect Benjamin Garcia Saxe, who transformed two 40-foot shipping containers into a 1,075 square-foot modular home for $40,000. Named Containers of Hope, Saxe stated, “The key factor was cost,
Modular Container Home built Inexpensively Read More
MHProNews has learned from the Virginia Manufactured and Modular Housing Association (VAMMHA) the state statistics for manufactured home (MH) shipments for June 2015 were comparable for June 2014. Last year, VA had 88 MH shipments—38 single-section, 50 multi-section—for a total of 139 floors versus 88 MH shipments this June—40 single-section,
Virginia Manufactured Home Shipments similar to 2014 Read More
In the news from CNNMoney: President Obama’s climate control proposal drags down energy stocks. Puerto Rico is in default. Greek bank shares drop 30 percent as markets re-open. United Nations reports marijuana use is on the rise in U. S. Half of Americans are saving 5% or less of their
Deer Valley Plummets; MHCV Slips to 974.2 Read More
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
A Fresh Approach to Dealing with Foreclosures Read More
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
MHARR Finds Fed’s RFI Suspicious Read More
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
