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.
Lower interest rates and increased consumer confidence have resulted in increased sales of new homes in January, according to some of the nation’s largest home builders. The Wall Street Journal tells MHProNews that Taylor Morrison Home Corporation, a builder in five states, on Wednesday reported a 30% increase in its …
Sale of New Homes Increased in January and Expected to Continue Read More
On February 4, the U.S. Department of Housing and Urban Development (HUD) announced the newly appointed members of the Manufactured Housing Consensus Committee for 2015 as well as those appointed to a second term. Robin Roy, Chris Flannery, John W. Weldy, and Joseph L. Anderson II will serve as new …
HUD Announces Members of Manufactured Housing Concensus Committee Read More
On December 26, the day after Christmas, Dennis Moylan, 46, was asleep in the bedroom of his home at the Pioneer Park manufactured home community in Bradenton, Florida. Around 1 a.m., some men fleeing from police in a stolen car crashed into his house. The crash moved the home from …
Florida Vietnam Veteran Receives Free Manufactured Home Read More
MHCV values in general went up 2.58%. Several of the stocks we track went up, but most went down. Companies with positive gains: CVCO 4.57%, SKY 1.96%. The Associated Press tells MHProNews that the stock market ended an uncertain day, mostly lower, after the price of oil took another plunge. …
Dow Goes Up as Oil Drops 9%; MHCV Values Go Up Slightly Read More
Wisdom Homes Of America, Inc., announced on February 4 that the company has an option to acquire 25 residential lots in Sherman, Texas, on which to locate manufactured homes. “We are continually striving to make the manufactured home buying experience easier and faster for our customers,” Brent Nelms, President of …
Wisdom Homes Announce New Development on Texas – Oklahoma Border Read More
For the first time in many years, new manufactured home communities (MHCs) or additions to existing MHCs are being developed. One of those is located in Church Hill, Tennessee, tucked into the northeast corner of the state. This new community is being created by a couple with a desire to …
New Manufactured Home Park in Tennessee Being Offered By Enterprising Couple Read More
Homeowners in Oceanside, California’s manufactured home communities have been meeting with the mayor about interference in the sale of their homes by community owners. As a result, the city council has directed the city attorney to look into the matter. Mayor Jim Wood requested City Attorney John Mullen to meet …
Oceanside Homeowners Protest Community Owners’ Actions Read More
MHCV values in general went up 3.62%. Several of the stocks we track went up. Leaders are: UFPI 3.42%, SUI 2.17%, LPX 2.00%. Marketwatch tells MHProNews that U.S. stocks advanced further and were on track to record a second-straight day of big gains Tuesday afternoon, as equities tracked surging oil …
Dow Surges Triple Digits as Oil Jumps to 2015 High; MHCV Values Went Up Slightly Read More
Just-released statistics indicate that HUD Code manufacturers produced 4,704 homes in December 2014, an 18% increase over the 3,985 HUD Code homes produced during December 2013. This information was reported by the Manufactured Housing Association for Regulatory Reform (MHARR). The statistics came from the U.S. Department of Housing and Urban …
2014 ends with Good News! MH Production in December Increased 18% Read More
The Manufactured Housing Institute (MHI) tells MHProNews that Representatives Stephen Fincher (R-TN), Terri Sewell (D-AL), Andy Barr (R-KY), and Kyrsten Sinema (D-AZ) introduced the Preserving Access to Manufactured Housing Act. The proposed bill is designed to alleviate the regulatory burdens that have impeded consumers’ ability to purchase manufactured housing, which …
Bipartisan Bill to Preserve Access to Manufactured Housing Introduced in the House Read More
Finally, things are looking up for the manufactured housing industry in a small town in Nebraska. The Scotts Bluff County Commissioners have lifted a 20-year restriction banning single section manufactured homes within the county. The Scottsbluff Star Herald tells MHProNews that Scottsbluff has a population of approximately 15,000 and is the …
Commissioners Lift Ban on Single Section Manufactured Homes Read More
Many prospective homebuyers who could get a mortgage think they’re ineligible, says Rob Chrane, president of Down Payment Resource. This is an organization that helps to connect homebuyers with down payment assistance programs. Inman News tells MHProNews that millions more people can become successful homeowners today — they simply don’t …
Are You Missing Opportunities to Reach Qualified Buyers? Read More
MHCV values in general went down 0.65% today. Several of the stocks we track went up: NOBH 6.49%, DW 3.00%, CG 2.32%, BRK.A 1.96%, LPX 1.04%. Although the Dow went up 1.14% today, CNN Money tells MHProNews that Seattle isn’t the only place dealing with post-Super Bowl doom and …
The Dow went up today as MHCV Values dipped slightly Read More
Cavco Industries, Inc. (Nasdaq:CVCO) on January 29 announced its financial results for the third quarter and first nine months ended December 27, 2014 of its fiscal year 2015. Globe Newswire tells MHProNews that Cavco’s financial highlights include the following: Net revenue for the third quarter of fiscal year 2015 was $146.9 …
Cavco Industries Reports Positive Fiscal 2015 Third Quarter Results Read More
Owners and residents of manufactured home communities in Garden City, Idaho, feel that city officials are trying to eliminate some or all of these communities. “They’ve been chipping away at our rights for years and years,” Dustin Block, who owns 10 manufactured home communities, explained. “This city is trying …
Back in the early 1960s, this community was known as the Pleasantville Tourist Camp. When the Atlantic City Race Course was a popular attraction, a lot of the jockeys lived there for the season. “It was called a tourist camp because it was really a vacation spot,” Robert Dolan, whose …
Transforming Old “Trailer Park” Into New Factory-Built Community Read More
The Ticker Report tells MHProNews that Affiliated Managers Group (NYSE:AMG) had its target price boosted by Jefferies Group from $230.00 to $235.00 in a report issued on Wednesday, January 28. They currently have a buy rating on the stock. In addition, analysts at Keefe, Bruyette & Woods raised their price target on …
Affiliated Managers Group Price Target Raised to $235.00 Read More
The Residential Energy Services Network (RESNET), an organization with no telephone contact number or physical address on its Internet website, announced in a January 28, 2015, news release that it has formed a “Modular and Manufactured Housing Rating Quality Assurance Standard Task Force” in connection with its “Home Energy Rating …
It’s time to sit down and review this week’s news and articles related to the manufactured housing industry. Hope our friends in the north are keeping warm. So, have another cup of coffee, sit by the fire, and read on. During the past week, the stock market went down and …
Sunday Morning Recap – January 25, 2015 to January 30, 2015 Read More
In the United States, some people think that prefab houses are low-cost, low-budget homes. That’s because they’ve never seen some of the luxurious prefab homes in Europe. Attitudes concerning prefab homes are different in Europe and prospective homebuyers realize the value and convenience in building a prefab home according to …
Factory-Built European Luxury Homes Stretch the Imagination Read More
