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 increased need for affordable housing in today’s market along with concern about the present economic climate is influencing consumers to be wary of spending heavily on site-built homes. These conditions lead to increased consumer preference for houses that can be built quickly with cost efficiency, and factory-built homes can …
Latest GIA Reports Show Consumer Preference for Factory-Built Homes Read More
In various areas of the country where oil and gas development is booming, serious housing shortages can occur. Workers often have difficulty in finding affordable and acceptable housing arrangements. This has certainly been the situation in the Marcellus and Utica Shale areas of Pennsylvania where housing has become limited and …
UMH Communities Showcased, Affordable Solutions in Oil and Gas Boom Areas Read More
Equity Lifestyle Properties, Inc. (NYSE:ELS) issued an update on its first quarter earnings guidance on February 24. American Banking News tells MHProNews that ELS provided earnings per share guidance of $0.78-0.84 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.76. ELS also updated its FY15 …
Equity Lifestyle Properties, Inc. Updates Q1 Earnings Guidance Read More
Although there has been a lot of talk in the news lately about Millennials delaying marriage, kids and home ownership, research shows that home ownership still remains a goal for the vast majority of American renters. The Sioux City Journal tells MHProNews that a recent survey by Freddie Mac revealed …
MHCV values went up 1.31% today. In the stocks we track, SKY went up 3.11% and NOBH went up 1.52%. The Associated Press tells MHProNews that U.S. stock indexes are drifting mostly lower, pulling the Dow Jones industrial average slightly below its latest all-time high. The Dow fell 10 points, …
U.S. Stocks Drift Lower; MHCV Stocks Rise Slightly Read More
ManufacturedHomeLivingNews.com – our public-focused, sister site – has been lighting up with a growing number of video interviews. Consumer and industry traffic has been growing in the wake of those videos. You saw prevously the Bill Matchneer interview, a powerful perspective from a former federal official. That interview is drawing …
Building Manufactured Housing Image via Video Interviews Read More
Killam Properties (TSE:KMP), based in Halifax, Nova Scotia, announced a dividend on Tuesday, February 17, Dakota Financial News reports. Investors of record on Friday, February 27 will be paid a dividend of 0.0402 per share on Monday, March 16. The ex-dividend date is Wednesday, February 25. A number of analysts have recently …
Killam Properties, Inc. (KMP) to Issue Dividend of C$0.04 Read More
A developer plans to build a new manufactured home community in Souderton and Hilltown, Pennsylvania. Representatives from School Land Development LLC on Monday presented a sketch plan for 74 single-section manufactured homes to Hilltown’s Board of Supervisors. Located off County Line Road and Route 309, the proposed manufactured home community …
New Manufactured Home Community Planned In Pennsylvania Read More
For the past few years, the only manufactured home community in Palo Alto, California, has been the subject of discussions, controversy and publicity. Palo Alto is awash in multimillion-dollar homes, luxury Tesla electric cars and other financial fruits from a digital revolution the city helped spark. The Silicon Valley city is …
City Leaders, Non-Profits, Interested Parties Debate Fate of Palo Alto’s Last MH Community Read More
MHCV values went down 2.07% today. In the stocks we track, most of them went down. Marketwatch tells MHProNews that U.S. stocks ended Wednesday’s choppy session virtually unchanged, but the Dow Jones Industrial Average eked out a small gain to close at a fresh record. The blue-chip index added 15.38 points, …
Sun Communities, Inc. (SUI), Southfield, Michigan, a real estate investment trust (REIT), on February 24 reported its fourth quarter 2014 results. Sun Communities owns and operates a portfolio of 242 manufactured home and RV communities comprising approximately 88,900 developed sites. Thomson Reuters tells MHProNews that funds from operations excluding transaction costs …
Sun Communities, Inc., Reports Fourth Quarter 2014 Results Read More
There is some concern that HUD is not including appropriate representation and viewpoints on its boards and committees. Recently, HUD announced the members of the Manufactured Housing Consensus Committee (MHCC). Many leaders in the manufactured housing industry were ignored, and it appears that the new committee is designed to achieve …
HUD Committees Do Not Represent Best Interests of MH Industry Read More
Like so many other manufactured home communities today, the land on which Suni Sands Mobile Home Park is located has become very valuable – too valuable to continue being the location for manufactured homes. One hundred families in Jupiter, Florida’s, Suni Sands Mobile Home Park will have to move in …
Another Manufactured Home Community Is Dispossessed Read More
Drew Industries, Inc., parent company of several companies that make items for the manufactured home and recreational vehicle industries reported record sales for 2014 and a $12 million gain in income. Goshen News tells MHProNews that the Elkhart, Indiana, company had net sales for the year ended Dec. 31 increased …
In Erlanger, Kentucky, the driveway to the SSK Communities management office is in great shape. It’s clean, plowed, and salted, but it’s a far cry from the conditions found in a couple of their manufactured home communities. WKRC-TV, Cincinnati, tells MHProNews that the roads in one of the communities known …
MHCV values went down 0.41% today. In the stocks we track, there were some winners: UFPI +3.10%, NOBH +2.60%, LPX +2.03%, and AMG +1.05%. USA Today tells MHProNews that stocks closed at new highs Tuesday, February 24, as investors reacted positively to remarks from U.S. Federal Reserve Chair Janet Yellen. …
For months residents of local manufactured home communities have appeared at nearly every Santa Clarita City Council meeting demanding that the city tighten restrictions on manufactured home community rent controls. On the other side, community owners and other business owners attend to demand that the city loosen those restrictions. Following …
California City Council to consider changes to rent control ordinance Read More
Police in North Wildwood, New Jersey, have arrested a Pennsylvania man and charged him with attempting to sell a manufactured home that didn’t exist. The Wildwood Leader tells MHProNews that on Thursday, February 19, North Wildwood Police detectives followed up on a report made to police regarding a fraud case. …
Steamboat Today tells MHProNews that the City of Steamboat Springs, Colorado, and the Yampa Valley Housing Authority are advertising for bidders on a water and sewer project in Fish Creek Mobile Home Park. This project will combine replacement of the city’s sanitary sewer interceptor that runs through the community in addition to …
City and housing authority to collaborate on water-sewer project Read More
Former residents of the condemned Life O’Riley Mobile Home Park in Lansing, Michigan, are moving on with their lives, although this is very difficult for many of them. The health department condemned Life O’Riley last year for unsafe living conditions after discovering sewage backing up into the units. WILX-TV, Lansing, …
Former Life O’Riley Residents Move On With Their Lives Read More
