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.
China Stimulates Wall Street Rally, Oil Industry Bleeds More Jobs, U.S Economic Growth Needs Faster Track and Hospitals Pulling Up Stakes, Seeking Greener Pastures. On the Big Board: The Dow Jones Industrial Average advanced +1.17 percent, +208.63 points to end the day at 18,034.93. The NASDAQ gained +1.27 percent, +62.78 points, to close …
Manufactured Housing Stocks Close Mixed; MHCV Gains Read More
MHProNews has learned from marketwatch that manufactured housing component supplier Patrick Industries, Inc. will release its first quarter 2015 financial results before the market opens on April 30, 2015. The company will conduct a conference call later that same day at 10:00 AM to discuss the Q1 results and other …
MHProNews has learned from prnewswire that Nobility Homes, a Florida-based producer of manufactured and modular homes for more than 47 years, has qualified to trade on the OTCQX® Best Marketplace under the symbol NOBH. R. Cromwell Coulson, President and CEO of OTC Markets Group, said, “We are proud to welcome …
Nobility Homes now Trading on Over-the Counter Market Read More
A new vendor of modular homes has recently opened in Liberal, Kansas, as MHProNews has learned from leaderandtimes. G&G Homes intends to respond to the local need for quality, affordable housing according to owner Gavin Wright, who has been in the business since he was nine years old, working with …
Sunday Morning Recap April 13-April 18, 2015 The big news of the week is that H. R. 650, The Preserving Access to Manufactured Housing Act, a major effort by the MH industry, finally passed the House. Deer Valley stock plummets one day, skyrockets two days later. In other news, a …
The Virginia Association of Manufactured and Modular Housing (VAAMHA) tells MHPronews the Virginia Department of Housing and Community Development has announced a competition to design a safe, energy efficient, affordable and accessible home to allow people to age in place in VA. Part of the 2015 Virginia Governor’s Housing Conference …
Competition for Affordable, Energy Efficient Home Set in Virginia Read More
As housingwire informs MHProNews, a number of housing advocacy groups are asking the U. S. Department of the Treasury, the Federal Housing Finance Agency (FHFA) and the Consumer Financial Protection Bureau (CFPB) to investigate large financial mortgage packagers that are encouraging mortgage servicers to foreclose on borrowers instead of offering …
Neighborhood Housing Groups Laud Ocwen for Helping Troubled Borrowers Read More
The Dow Jones Industrial Average started the day tumbling and never climbed back up, with stocks all across the world plummeting as concerns grew about margin trading in China and whether or not Greece will pay its debt. Additionally, Bloomberg trading terminals quit in London, and while they came back …
The National Association of Home Builders (NAHB) urged federal regulators and Congress to ease tight mortgage standards so that credit worthy borrowers could contribute to a stronger recovery of the housing market. NAHB Chairman Tom Woods testified before the Senate Banking Committee that was examining barriers to obtaining mortgage credit. …
NAHB Appeals to Congress to Ease Credit for Homebuyers and Contractors Read More
Established by Innovative Education Partnership, Inc., in collaboration with Clayton Homes and Executive Director Pat Bradley in 2013, the Clayton-Bradley Academy is entering Phase II of its three-point plan. The STEM (Science, Technology, Engineering and Math) school will be constructing a 35,000-square-foot building to house administrative offices, classrooms, a full-size …
Clayton-Bradley Academy Expanding for Added Enrollment Read More
Construction of modular, multifamily apartment building Hilltop House began in mid-summer, and 7 1/2 months later it was open for occupancy in Winston-Salem, North Carolina. Champion Home Builders, Inc. built the 52 modules in 36 days, and it took eleven days to site the 65 apartments in an historic neighborhood …
Modular Multifamily Apartments is a Growing Attraction for Urban Areas Read More
The National Association of Home Builders (NAHB) tells MHProNews housing starts rose two percent to a seasonally-adjusted annual rate (SAAR) of 926,000 units in March, according to data from the U. S. Department of Commerce. Single-family home production increased 4.4 percent to a SAAR in March of 618,000; multifamily starts …
Housing Starts Inch Up Two Percent; Housing Permits Fall 5.7 Percent Read More
A 118-unit modular apartment building complex is back on track in midtown Sacramento, California after the original module builder was replaced by Idaho-based Guerdon Enterprises. The Eviva Midtown apartments, originally scheduled to be built by Zeta Communities in North Highlands, California, have been redesigned with a more residential look, according …
Modular Apartment Complex in Restart Mode in California Read More
Following DVLY’s huge gain yesterday, the stock remained unchanged in today’s trading. Despite the day’s loss, the Dow is still +10.23 percent above one year ago, as tracked stocks close mixed or even. On the Big Board: The Dow Jones Industrial Average slipped +0.04 percent, -6.84 points to end the …
Earnings Worries Drop Dow; MHCV Dips -0.61 Percent Read More
MHPronews has learned from housingwire a bipartisan majority of the House of Representatives voted to increase transparency of the Consumer Financial Protection Bureau (CFPB). The Bureau Advisory Commission Transparency Act, H. R. 1265, sponsored by Rep. Sean Duffy, (R-WI) received 401 votes with only two opposed, that would subject the …
House Votes Overwhelmingly to Increase CFPB Transparency Read More
Mary McBrady, the Executive Director of the Massachusetts Manufactured Housing Association (MMHA) informs MHProNews that newly-elected 6th District Congressman Seth Moulton of MA broke ranks with Democrats to vote in favor of H. R. 650 Preserving Access to Manufactured Housing in its 263 yeas to 162 nays victorious passage in …
Rep. Seth Moulton Breaks Ranks with Dems on H. R. 650 Read More
According to an interview with Federal Reserve Vice Chair Stanley Fischer, although the economy in the first quarter was “poor,” he says the rebound is already underway with wage increases. The bond market turned negative on these remarks, according to what cnbc tells MHProNews, fearing interest rates will move up …
Federal Reserve’s Fischer says the Fed will be Temperate in its Movement on Interest Rates Read More
Collating data on rising home prices, affordability, strong housing demand, and excellent economic demographics, housingwire tells MHProNews Auction.com has chosen the five top single-family housing markets. Auction.com Executive Vice President Rick Sharga says, “As the U.S. housing market has continued to recover from the Great Recession, we’ve seen significant regional …
Two of the Top Five Single-family Housing Markets Live in Texas Read More
Noting that 15 percent of the population of Michigan is 65 and older, Bryon Stroud, board member of the Michigan Manufactured Housing Association (MMHA), says manufactured homes can be built to accommodate people at all ages and stages of health. Known as universal design, features can include wider interior and …
Many Manufactured Homes Needing Assistive Devices for Elderly and Handicapped Read More
Oil hits $56 per barrel, its highest mark of the year, China’s economic growth falls to slowest rate in six years, and Smith & Wesson stock has risen 50 percent this year.. On the Big Board: The Dow Jones Industrial Average advanced +0.42 percent, +75.91 points to end the day …
Deer Valley Skyrockets over 100%; MHCV Outpaces Dow Read More
