Manufactured and Modular Housing News

High End Manufactured Home Community Sells for $13.8 M Read More

High End Manufactured Home Community Sells for $13.8 M

By Matthew Silver / June 15, 2015 / Business, Communities, Company News, Manufactured and Modular Housing News, Manufactured Homes

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,

MHCV Advances 6th Straight Day, while Dow Falls over 100 Points 2nd Straight Day Read More

MHCV Advances 6th Straight Day, while Dow Falls over 100 Points 2nd Straight Day

By Matthew Silver / June 15, 2015 / Business, Manufactured and Modular Housing News, Stocks

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

Builders of Single-family Homes see Brighter Days Read More

Builders of Single-family Homes see Brighter Days

By Matthew Silver / June 15, 2015 / Economy, home buyers, Manufactured and Modular Housing News, Trends

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

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Brad Pitt’s Foundation Installing Modular Homes for Fort Peck Indians Read More

Brad Pitt’s Foundation Installing Modular Homes for Fort Peck Indians

By Matthew Silver / June 15, 2015 / Factory-Built Homes, Manufactured and Modular Housing News, Modular, People

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

Michigan has New Member on Manufactured Housing Commission Read More

Michigan has New Member on Manufactured Housing Commission

By Matthew Silver / June 15, 2015 / Communities, Legal, Manufactured and Modular Housing News, Manufactured Homes, People

Michigan’s Gov. Rick Snyder has appointed Bryan Davis of Redford, MI to the state’s Manufactured Housing Commission, according to realestaterama. The commission establishes policies that govern all aspects of manufactured housing (MH), including year-round and seasonal communities. Davis, a business agent for the Michigan Regional Council of Carpenters, represents organized

Jun 14 2015

Sunday Morning Recap—June 7, 2015 to June 13, 2015

By Matthew Silver / June 14, 2015 / Manufactured and Modular Housing News

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

Jun 13 2015

Australian Modular Home available in Multiple Configurations

By Matthew Silver / June 13, 2015 / Business, Company News, Factory-Built Homes, Manufactured and Modular Housing News, Modular

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

Expanding Portfolio Loans could help Consumers Purchase Homes Read More

Expanding Portfolio Loans could help Consumers Purchase Homes

By Matthew Silver / June 12, 2015 / Business, Finance, home buyers, Legal, Legislation, Manufactured and Modular Housing News

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

Demand for Smaller Homes on the Horizon Read More

Demand for Smaller Homes on the Horizon

By Matthew Silver / June 12, 2015 / Business, Economy, home buyers, Manufactured and Modular Housing News, Manufactured Homes, Trends

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

Nobility Homes Spikes, Likely Boosted by Q2 Positive Earnings Report Read More

Nobility Homes Spikes, Likely Boosted by Q2 Positive Earnings Report

By Matthew Silver / June 12, 2015 / Business, Manufactured and Modular Housing News, Stocks

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

Video Interview Documents Quality of Sunshine Manufactured Homes Read More

Video Interview Documents Quality of Sunshine Manufactured Homes

By Matthew Silver / June 12, 2015 / Business, Company News, Legal, Manufactured and Modular Housing News, Manufactured Homes, People, regulation

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

Rights of Manufactured Home Community Residents to be the Topic Read More

Rights of Manufactured Home Community Residents to be the Topic

By Matthew Silver / June 12, 2015 / Communities, Legal, Manufactured and Modular Housing News, Manufactured Homes, mobile home, People

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

Super Efficient Modular House Destined for Solar Decathlon Read More

Super Efficient Modular House Destined for Solar Decathlon

By Matthew Silver / June 12, 2015 / Factory-Built Homes, Green, Manufactured and Modular Housing News, Modular

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

Nobility Posts Sales, Income Gains over same Quarter 2014 Read More

Nobility Posts Sales, Income Gains over same Quarter 2014

By Matthew Silver / June 11, 2015 / Business, Company News, Manufactured and Modular Housing News, Manufactured Homes

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

MHCV Gains 2.58 Percent, Nobility Homes Drops 3.16 Percent Read More

MHCV Gains 2.58 Percent, Nobility Homes Drops 3.16 Percent

By Matthew Silver / June 11, 2015 / Business, Manufactured and Modular Housing News, Stocks

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

MHARR says the DOE is Seeking Support for New Manufactured Home Energy Standards Read More

MHARR says the DOE is Seeking Support for New Manufactured Home Energy Standards

By Matthew Silver / June 11, 2015 / Advocacy, Business, Legal, Manufactured and Modular Housing News, Manufactured Homes, regulation

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

Modular Homes Donated to Haitian Hospital Read More

Modular Homes Donated to Haitian Hospital

By Matthew Silver / June 11, 2015 / Company News, Factory-Built Homes, Manufactured and Modular Housing News, Modular, People

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