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.
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
In CNN News: Federal Reserve may raise interest rates in September, we spend an average of $2,600 annually commuting to work, railroad stocks are falling this year, and millionaires will control nearly half the world’s wealth by the end of the decade. Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV)
Liberty Homes Plummets, Nobility Homes Rises, MHCV Slips Read More
Updating a story MHProNews posted June 10, 2015 regarding the closing of Gerry Park for Mobile Homes in Gary, Indiana, and residents concerns of having to move, Gary Mayor Karen Freeman-Wilson says a meeting between company officials and residents has resolved some of the issues. No company representative was at
Residents of Closing Manufactured Home Community have Concerns Addressed Read More
“I have learned that there’s a big need for low-income families to get some help,” says Robin Davis, of Davis Homes, a manufactured and modular home dealer in Peachland, North Carolina, reports ansonrecord. She says in the year since the business opened, about 400 people have come in and many
Davis Homes in NC Offers Paths to Manufactured Home Ownership through USDA Read More
From a hearing June 11, 2015 from the House Financial Services Committee entitled, “The Future of Housing in America: Oversight of the Department of Housing and Urban Development” at which Rep. Ed Royce (R-CA) questioned HUD Secretary Julian Castro about the need for housing finance reform, and bank lenders leaving
Rep. Ed Royce Questions HUD Sec. Julian Castro Read More
The Dublin, Ireland City Council has voted to erect up to 400 modular homes for the growing family homeless population following a plan rejected by the councillors to renovate 64 vacant apartments in O’Devaney Gardens The Dublin Joint Homelessness Consultative Forum (DJHCF) adopted a plan to “develop and propose a
Modular Homes Destined for Homeless in Dublin Read More
Guerdon Modular Buildings of Boise, Idaho has hired Pete Murray as president and chief operating officer (COO) as the company continues its growth in the western U. S. market, building modular multi-housing developments, reports idahobusinessreview. Murray has been vice-president of western manufacturing operations for Welch Allyn, a medical device maker
Modular Builder Hires Pete Murray as President Read More
In USA Today News: Americans opened their wallets in May, as retail sales rose +1.2 percent across several categories: car dealers sales rose +two percent; sales of building material and garden supplies increased +2.1 percent; clothing stores saw sales rise +1.5 percent; department stores sales rose +0.8 percent; and sales
Skyline Corp. Spikes; Donald Trump Running for President, Yikes! Read More
MHProNews has learned that another board director of Drew Industries, Inc. (NYSE:DW) has been involved in insider trading. James Gero purchased 10,000 shares of stock June 11, 2015 at $57.00 per share for a total of $570,000, according to insidertraderreport. The insider transaction was reported to the Securities and Exchange
More Insider Trading at Drew Industries Read More
Residents of manufactured homes with a taxable value under $61,000 in Lakeland, Florida will have to pay a disproportionate amount of the proposed fire assessment fee policy compared to other residents of the city, according to a methodology used to determine the fee. Bill Brent of the Federation of Manufactured
Fire Fee in Florida Disproportionately Affects Manufactured Home Residents Read More
A group of Canadian manufactured homeowners is asking the city of Surry, British Columbia for more protection from developers who are closing manufactured home communities (MHC) to repurpose the land. The Surry Manufactured Home Owners Association (SMHOA) is protesting the proposed shuttering of Park Mobile by WestStone Group that will
Canadian Group Protests Closing of Manufactured Home Community for Senior Facility Read More
With the population of La Plata County, Colorado expected to increase by 52 percent over the next two decades, 790 dwelling units will need to be built annually to meet the demand, according to a study by the La Plata County Regional Housing Alliance (RHA). Using data from the Colorado
Manufactured Homes Planned for Durango, but More could be Justified Read More
In what Colliers International is calling the most ever paid per home site for a manufactured home community (MHC) in Oregon, Songbrook has been sold for $13.8 million to R & D Management, LLC of California. The gated community has 140 home sites on just under 32 acres in Eugene,
High End Manufactured Home Community Sells for $13.8 M Read More
In CNN News: Colt Gun maker files for bankruptcy, CVS buying Target’s pharmacies for $2 billion, Puerto Ricans fleeing a bad economy, and Los Angeles is now the largest city in the country with a $15 minimum wage. Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) gained +0.10 percent, besting
MHCV Advances 6th Straight Day, while Dow Falls over 100 Points 2nd Straight Day Read More
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) rose five points in June, more than expected, from 54 to 59 points, hitting its highest level since September, 2014, indicating confidence among home builders. While any number above 50 indicates builders see conditions as favorable, Reuters says
Builders of Single-family Homes see Brighter Days Read More
Actor Brad Pitt initiated the Make it Right foundation to provide modular homes for survivors of Hurricane Katrina after it devastated the Ninth Ward in New Orleans. Now he is partnering with the Fort Peck Indian Reservation to bring 20 eco-friendly modular homes to be placed in a sustainable village
Brad Pitt’s Foundation Installing Modular Homes for Fort Peck Indians Read More
