Manufactured and Modular Housing News

Wooden Modular Structure Sleeps 12 Read More

Wooden Modular Structure Sleeps 12

By Matthew Silver / March 10, 2015 / Factory-Built Homes, Manufactured and Modular Housing News, Modular

This 130 square-foot modular wood shelter, built as part of the Salt Siida Architectural Workshop in northern Norway, celebrates the history and culture of the indigenous peoples who have inhabited the Arctic for many centuries. The structure takes its form from the fiskehjelle, fish rack, that has been used for

Dow Jones Plummets, MHCV drops, most Tracked Stocks Slip Read More

Dow Jones Plummets, MHCV drops, most Tracked Stocks Slip

By Matthew Silver / March 10, 2015 / Business, Manufactured and Modular Housing News, Stocks

Posting the worst day in 2015, the Dow Jones Industrial Average plummeted 332.78 points in today’s trading. Falling oil prices, uncertainty about Chinese manufacturing and falling bank stocks made investors worried. In addition, the dollar is trading at a 12-year high against the Euro—great if you are traveling abroad, but

Preserving Access to Manufactured Housing Act Reintroduced in Senate Read More

Preserving Access to Manufactured Housing Act Reintroduced in Senate

By Matthew Silver / March 10, 2015 / Economy, Finance, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, People

A bi-partisan group of U. S. senators have reintroduced the Preserving Access to Manufactured Housing Act so fewer manufactured home loans are classified as high cost. Senators Joe Manchin (D-W.VA), Joe Donnelly (D-IN), Pat Toomey (R-PA) and Tom Cotton (R-AR) filed the bill that will alter the thresholds under the

Modular Building may get a Boost in New York City Read More

Modular Building may get a Boost in New York City

By Matthew Silver / March 10, 2015 / Business, Factory-Built Homes, Legal, Manufactured and Modular Housing News, Modular

MHProNews has learned from crainsnewyork that a current proposal would allow for more diverse architecture and taller buildings in some New York City neighborhoods, a plus for developers who build modular. Floors in modular units are thicker than on site-built construction and thus require more overall height. In this city,

Scholarships to be Awarded by VAMMHA Read More

Scholarships to be Awarded by VAMMHA

By Matthew Silver / March 10, 2015 / Awards, Manufactured and Modular Housing News, Manufactured Homes

The Virginia Manufactured and Modular Housing Association (VAMMHA) informs MHProNews that association members and their employees, their children and grandchildren, are eligible for scholarships. The scholarships are to be awarded by the VAAMHA at the March board meeting. Nominees must have a minimum 3.0 grade point average and may be

Modular Home Shipments Rise Read More

Modular Home Shipments Rise

By Matthew Silver / March 9, 2015 / Business, Factory-Built Homes, Manufactured and Modular Housing News, Modular

The National Modular Housing Council informs MHProNews that 3,573 new modular homes were shipped in the fourth quarter of 2014, an increase of 4.9 percent over shipments for the same period in 2013. Compared to Q4 2013, shipments increased in 17 states, dropped in 15 states, and remained the same

MHCV slips; Dow Regains Half of Previous Trading Day’s Points Read More

MHCV slips; Dow Regains Half of Previous Trading Day’s Points

By Matthew Silver / March 9, 2015 / Manufactured and Modular Housing News, Stocks

The Yahoo! Finance Manufactured Housing Composite Value slipped slightly, -0.13%, to end the day at 600.3, while stocks we cover related to the manufactured housing industry closed mixed or even, with Skyline Corp. gaining the most at +1.99 percent. CNNMoney tellls MHProNews the Dow Jones Industrial Average regained about half

Resident-Owned Manufactured Home Communities offer Savings Read More

Resident-Owned Manufactured Home Communities offer Savings

By Matthew Silver / March 9, 2015 / Business, Communities, Manufactured and Modular Housing News, Manufactured Homes, People

The Country Lakes Co-Op Inc., a resident-owned manufactured home community in Palmetto, Florida, with 471 homesites, has homes for sale with and without a co-op share. The homes range from $12,000 to about $35,000 without a co-op share, according to Judy Smith who lives here and is licensed to sell

New Jersey Community has Energy Star Manufactured Homes Read More

New Jersey Community has Energy Star Manufactured Homes

By Matthew Silver / March 9, 2015 / Communities, Finance, home buyers, Manufactured and Modular Housing News, Manufactured Homes

Noting that New Jerseyans must earn $24.92 an hour to afford a two-bedroom fair market rent apartment without paying over 30 percent of their income, mycentraljersey tells MHProNews manufactured homes have emerged as a viable alternative. Robert Dolan, owner of Edison Mobile Estates in Edison, NJ says the “mobile” in

Rep. Neugebauer Questions Overreach of CFPB without Oversight Read More

Rep. Neugebauer Questions Overreach of CFPB without Oversight

By Matthew Silver / March 9, 2015 / Business, Economy, Finance, Legal, Manufactured and Modular Housing News, regulation

Financial Institutions and Consumer Credit Subcommittee Chairman Rep. Randy Neugebauer (R-TX), evaluating the five-year history of the Consumer Financial Protection Bureau (CFPB), informs MHProNews the agency does not perform in a sustainable manner, lacks transparency and accountability, and is “susceptible to political influence.” He sees value in the agency but

New Manufactured Housing Act Needs Your Action Read More

New Manufactured Housing Act Needs Your Action

By Matthew Silver / March 9, 2015 / Manufactured and Modular Housing News

The Manufactured Housing Institute (MHI) reports the National Association of REALTORS ® (NAR) has endorsed H. R. 650, the Preserving Access to Manufactured Housing Act of 2015, which was introduced in the House Feb. 2, 2015 by Representatives Stephen Fincher (TN), Terri Sewell (AL), Andy Barr (KY) and Krysten Sinema

Mar 8 2015

Sunday Morning Recap – March 1, 2015 to March 7, 2015

By Sandra Lane / March 8, 2015 / Manufactured and Modular Housing News

Good Sunday Morning! In a large portion of the United States, it has been very cold this week. As you sit by the fire to thaw out and drink another cup of coffee, there are some interesting stories in this week’s list to read. There is some information about the sale

Sunday Morning Recap – March 1, 2015 to March 7, 2015 Read More

Mar 7 2015

Evictions sharply rise at Sunny Meadows Mobile Home Park

By Sandra Lane / March 7, 2015 / Manufactured and Modular Housing News

A handful of residents say it’s not so sunny at the Sunny Meadows Mobile Home Park anymore, where a wave of evictions has followed a new park manager’s first year at the West Longview, Washington, community. Longview Daily News tells MHProNews that Yohnda Ellis is among those being told to

Evictions sharply rise at Sunny Meadows Mobile Home Park Read More

Unsafe manufactured homes eligible for larger loan Read More

Unsafe manufactured homes eligible for larger loan

By Sandra Lane / March 6, 2015 / Manufactured and Modular Housing News

The Calistoga, California, City Manager has been authorized to grant a larger home loan amount for manufactured home owners if the funding is necessary to alleviate health and safety issues. This decision was announced by the Calistoga City Council on Tuesday, March 3. The Weekly Calistogan tells MHProNews that the city

Dow Tumbles as Investors Fear Rate Hike; MHCV Values Also Fall Read More

Dow Tumbles as Investors Fear Rate Hike; MHCV Values Also Fall

By Sandra Lane / March 6, 2015 / Manufactured and Modular Housing News

MHCV values dropped 1.71% today. In the stocks we track, most lost value. One exception was CG up 1.19%. Reuters tells MHProNews that U.S. stocks closed lower on Friday and the S&P 500 declined for a second straight week after a strong monthly jobs report as investors bet that the

Sunshine Homes Announces 4.5% Interest Rates on Five-Year Term Read More

Sunshine Homes Announces 4.5% Interest Rates on Five-Year Term

By Sandra Lane / March 6, 2015 / Manufactured and Modular Housing News

Sunshine Homes, a company that has been delivering custom manufactured homes in Alberta, Canada, for the last eight years, has announced that it is able to provide interest rates at 4.5% on a five-year term. Marketers Media tells MHProNews that Sunshine Homes knows that savings have always been an important