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.
The National Association of Realtors (NAR) reports sales of existing homes rose 5.1 percent in May over April to their highest level since 2009. Existing home sales in May were 9.2 percent over May 2014, according to bizjournals, and year-over-year sales have risen for the past eight months. In addition, […]
Existing Home Sales, First-Time Home Buyers both Rise Read More
In the News: Sales of pre-existing homes rose 5.1 percent in May, Eurozone cautiously welcomes Greece’s new repayment plan, U. S.doctors and nurses charged with $712 million Medicare fraud, and Lester Holt becomes first black news anchor. Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) advanced +1.37 percent to end
Deer Valley Nosedives, Dow Gains over 100 Points Read More
The Santa Clarita (California) City Council is ready to consider revisions to the ordinance that governs rents for residents of area manufactured home communities (MHCs), according to signalscv. The revised proposal would base the rate on the consumer price index, setting the floor for annual increases at 2.6 percent and
Rent Control Expanded to Include Fair Rate of Return and Non-Standard Increases Read More
Enerdynamic Hybrid Technologies Corp. (TSX-V: EHT) has agreed to acquire EVIA Finance S.A.R.L., a global manufacturer and installer of patented modular housing units for CAD (Canadian)$45.7 million, or $37,017,000 USD. Based in Luxembourg, EVIA produces proprietary modular homes that can be built in under one day, are 70 percent more
Canadian Energy Co. Buying Modular Builder EVIA Finance of Luxembourg Read More
City Attorney Glenn Vasser of Prescott, Arkansas proposed a new mobile home ordinance at the recent Prescott City Council that puts it on the same legal footing with site-built homes in terms of foundations and placement as it relates to neighboring structures. Manufactured home communities (MHC) must be at least
New Ordinance Details Siting of Manufactured Homes Read More
In manufactured housing news, UMH planning MHC as other MHCs closing, programs help MH buyers, MHC sells for $98k per homesite, Texas reports MH sales. In modular news, Magnolia Homes may be revived, Brad Pitt moves mods to Indian Rez, Mods house Irish homeless, micro mods go urban. In company
Sunday Morning Recap June 14, 2015 to June 20, 2015 Read More
The Delaware Sustainable Energy Utility says thousands of Delawareans are living in energy inefficient manufactured homes whose residents are spending twice as much per square foot on energy costs, according to wdel107fm. Tony DePrima, executive director of the state-created organization, said his staff is working on a pilot program that
Pilot Program will Provide Energy Efficient Manufactured Homes in DE Read More
A proposal by UMH Properties, Inc. originally presented ten years ago for 253 modular homes in Coxsackie, New York has re-emerged as a manufactured home community (MHC) development with 161 homes. The original plan ran into community opposition as well as a threat to an endangered bird species and a
UMH Properties Alters Plans from Modular to a Manufactured Home Community Read More
The Kentucky Housing Corporation (KHC) is offering $6 million in loans at a one percent, fixed-rate, 30-year mortgage for low-to-moderate income homebuyers in the SOAR (Shaping Our Appalachian Region) area of Kentucky, according to an announcement by Lt. Gov. Crit Luallen. Established in 2013 by Gov. Steve Beshear and Rep.
Program will Assist Buyers of Manufactured Homes Read More
In CNNNews: Stocks in China plunge as bubble fears continue, Neil Young’s new album blasts corporate America, the price of eggs is rising, and less than one percent of people who apply to purchase a gun at a gun store are denied. Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV)
Skyline Corp. Rises up, Falls Down all Week Long Read More
The Texas Manufactured Housing Association (TMHA) informs MHProNews of the new and used manufactured homes sold retail for the first quarter of 2015, based upon the Texas Department of Housing and Community Affairs (TDHCA) statistics. There is a 75 day window for gathering and processing the information so accurate figures
Texas Reports Sale of Manufactured Homes Read More
Following a story MHProNews last posted June 2, 2015 regarding Cavco Industries, Inc.’s request for a tax abatement following its acquisition of manufactured homes producer Fairmont Homes, the Nappanee City Council met for a public hearing on the request Mon., June 15. No one from the public spoke either for
Public Hearing Follows Cavco’s Request for Tax Abatement Read More
MHProNews has learned Jeffrey Gendell continues to sell his shares in Patrick Industries, Inc. (NASDAQ:PATK) as he did May 25, and June 8, 2015. Most recently he sold another 3,748 shares at $37.20 each for a net of $139,503, according to octafinance. In total he has sold 72,783 shares for
Gendell Unloads more of Patrick Stock Read More
MHProNews has learned the Ohio Manufactured Homes Association (OMHA) is opposing State Senate Bill 113 which would require owners of manufactured home communities (MHCs) to pay for cleanup of any meth lab discovered on their property, regardless of their knowledge of the crime. There is a push in the Senate
Ohio Measure would Require Community Owners to Clean up Meth Labs Read More
In CNNNews: Nasdaq hits a new high, Greece is another step closer to default on its debt, a woman will be on the new ten dollar bill, newscaster Brian Williams moving over to MSNBC, and the consumer price index rose .04 percent. Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV)
Skyline Corp. Continues its Roller Coaster Run, while the Nasdaq Hits a New High Read More
Overall U. S. home starts fell 11.1 percent in May after notching the largest monthly gain in 24 years in April, according to usnews. While May’s figures were 5.4 percent above a year ago, the rate at which homebuilders began new homes in May was 1.036 million, a drop from
While Home Starts Fall, Housing Permits Rise in May Read More
GC Blackstone, a commercial and residential building and development company subsidiary of Concordis Group, Inc. (CNGI:OTC) is planning a micro modular apartment building in Dallas with 60 units to address the need for affordable housing in this high cost market. Designed for the urban millennial, the housing will offer the
Concordis Developing Micro Modular Units in Urban Settings Read More
Updating a story MHProNews posted June 6, 2015 regarding the closing of Magnolia Homes in Gering, Nebraska, geringcitizen reports local business leaders are working to keep the facility open and maintain the jobs in the community. In the area since the 1950s and at its present location since 1972, Harry
Modular Builder Magnolia Homes may be Rescued Read More
Reservations for the RV/MH Hall of Fame Induction Dinner honoring the Class of 2015 are already ahead of last year’s, according to Committee Chairman Mark Wasson (Bluelinx Corp.), with over 153 registrations in the hopper for the Aug. 3, 2015 event. Darryl Searer, president of the RV/MH Hall of Fame
Reservations for Induction Dinner Ahead of Last Year Read More
The world’s largest retirement community, which is also the fastest growing city in the U. S., is expanding to include additional senior living facilities nearby. With a growth rate of 5.4 percent for the 12 months ending July, 2014, The Villages in Florida grew from 51,442 people in 2010 to
Florida’s The Villages Expanding Continuum of Care for Seniors Read More
