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 manufactured housing (MH) news, the demand for smaller homes could be a boon for MH, while Sunshine Homes documents the quality that goes into their product. In other company news, Nobility Homes posts strong results, UMH sets acquisition for six MHCs, Clayton Homes incentivizes purchase of homes while Clayton […]
Sunday Morning Recap—June 7, 2015 to June 13, 2015 Read More
Sydney, Australia-based architect Stephen Sainsbury has designed Ecoshelta, a series of modular homes constructed of wood frames and corrugated metal siding and roofs that can be made in a variety of styles with minimal environmental impact. The interiors are lined with plywood from certified-sustainable plantations, as curbed.detroit informs MHProNews. The
Australian Modular Home available in Multiple Configurations Read More
In a blog from thehill, former Oklahoma Governor Frank Keating, now president and CEO of the American Bankers Association, noting June is American Housing Month, says he hears from bankers across the country who tell him regulations are standing in the way of homeownership. He says nearly two-thirds of Americans
Expanding Portfolio Loans could help Consumers Purchase Homes Read More
While the focus of homebuilding has been on the larger homes, the future may see more moderately priced smaller homes as the industry tries to lure consumers, especially first-time buyers, back into the homeowner fold, as the National Association of Home Builders (NAHB) tells mpamag. However, Census Bureau data reports
Demand for Smaller Homes on the Horizon Read More
In CNN News: President Obama’s trade deal denied by Congress, chicken chains clucking all the way to the bank, Cartier boss says rising inequality will lead to class war, and the Kurdish Regional Government says its fight against ISIS is being hindered due to the failure of the Iraqi government
Nobility Homes Spikes, Likely Boosted by Q2 Positive Earnings Report Read More
MHLIvingNews and MHProNews publisher L. A. “Tony” Kovach interviewed Brent Bolding, head of quality control at Sunshine Homes in Red Bay, Alabama. The interview documents the steps a manufactured home producer must go through in assuring the product is made correctly. Bolding, a former self-employed businessman, now in his tenth
Video Interview Documents Quality of Sunshine Manufactured Homes Read More
The rights of residents of manufactured home communities (MHCs) will be the topic at a meeting in McKinleyville, California on Sat., June 13 sponsored by two advocacy groups, the Humboldt Mobilehome Owners Coalition and the Golden State Manufactured Homeowners League. Mary Ella Anderson with the Humboldt group says site rents
Rights of Manufactured Home Community Residents to be the Topic Read More
The University of Texas at Austin is partnering with Germany’s Technische Universitat Munchen to build a modular house that runs on water and sunshine for the U. S. Department of Energy’s Solar Decathlon competition. According to customhomeonline, the home is also net zero for water and energy, and is based
Super Efficient Modular House Destined for Solar Decathlon Read More
For the second fiscal quarter of 2015 ending May 2, Nobility Homes Inc. (OTCQX:NOBH) announces sales rose 23 percent over the same quarter of 2014, $6,706,118 versus $5,431,026. Income from operations rose to $665,719 from $305,628 for the same period last year, while net income after taxes increased to $685,553
Nobility Posts Sales, Income Gains over same Quarter 2014 Read More
In CNN News: Identity theft still tops biggest consumer complaints, Rupert Murdoch stepping down as 21st Century Fox head, to be replaced by son, James; and the Detroit Land Bank owns 88,000 properties, 25 percent of the city’s homes. Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) far outpaced the
MHCV Gains 2.58 Percent, Nobility Homes Drops 3.16 Percent Read More
The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews a Department of Energy (DOE) contractor, Navigant Consulting, is contacting producers of manufactured housing, especially smaller manufacturers, to obtain feedback on new proposed energy standards for manufactured housing. MHARR maintains the new standards are unnecessary and excessively costly, although they
MHARR says the DOE is Seeking Support for New Manufactured Home Energy Standards Read More
MHProNews has learned a medical mission to the town of Milot, Haiti, 75 miles from the capital, Port-au-Prince, included an ambulance donated to Sacre Coeur Hospital by George Gilpin, CEO and President of EasCare Ambulance in Dorchester, Massachusetts. In addition, the hospital last month received four modular housing units courtesy
Modular Homes Donated to Haitian Hospital Read More
Long-time veteran of the manufactured housing (MH) industry, Dee Greiner of Conway, Arkansas passed away in her home June 9, 2015. She began her MH career with Barcraft Industries in 1967, and in 1972 joined the staff of Castle Industries, becoming vice-president. In 1986, according to thecabin, she co-founded Prestige
Passages: Dee Greiner Read More
Since President Obama entered the White House real estate has been the best investment in terms of returns, specifically real estate investment trusts (REITs), companies that own a variety of properties, or just one type of investment. According to cnnmoney, investors have bought REITs during the recovery from the recession
REITs have been a Good Investment during the Economic Recovery Read More
A survey by the Associated General Contractors of America (AGCA) found last year that 83 percent of construction firms had difficulty filling carpenter, laborer and equipment operator positions, according to wsj. Nearly 2.3 million construction jobs disappeared between April 2006 and January 2011, 40 percent of that particular workforce. As
If Demand Surges for New Homes, Who will Build them?? Read More
In CNN News: Bird flu leading to higher priced eggs, Alan Greenspan says U. S. real estate market is stagnating, low oil prices hurting energy-rigged states, and concerns expressed for emerging markets by World Bank and Federal Reserve. Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) once again outpaced the
MHCV Gains Nearly 2%; Louisiana Pacific Advances 3.36% Read More
The Senate of the Commonwealth of Pennsylvania is considering a measure that would allow residents of manufactured home communities (MHC) the opportunity to challenge a rent increase in their community. Senator Stewart Greenleaf says many MHC residents are seniors on fixed incomes whose rent increases rise faster than the cost
Pennsylvania Legislature Weighs Manufactured Home Community Rent Control Read More
New Jersey continues to deal with the rebuilding of homes along the Atlantic Coast as a result of Hurricane Sandy, the Oct. 2012 storm which killed 117 people in the U. S., leveled thousands of homes and left a path of destruction costing $65 billion. The Christie administration has set
Manufactured Homes Still on Assistance List in the Wake of Hurricane Sandy Read More
The Gerry Park for Mobile Homes in Gary, Indiana has been sold to Arogas, Inc. by former owner Pat Quinn which owns Mr. Fuel gas stations in the area. Arogas already owns a 9.3 acre adjoining site that has been rezoned for industrial use and is expected to be home
Indiana Manufactured Home Community closing for Redevelopment Read More
Consumers who purchase an Energy Smart Home™ from Clayton Homes between now and Aug. 29 will receive up to $3,000.00 towards their first year’s utility bills, according to what virtualpressoffice informs MHProNews. Clayton CEO Kevin Clayton said, “We’re going to give consumers a jumpstart on those savings by providing an
Clayton Homes offers Incentive to Buy Energy Efficient Home Read More
