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.
Be sure to watch a video of the interview with Bill Matchneer, former HUD and CFPB official, who was one of the first HUD officials to inspect and enforce HUD regulations for manufactured housing. Matchneer says that from his experiences, he is amazed at the strength and safety in manufactured …
The increase in the number of oil and gas drilling rigs in various areas of the country provided a boost to the manufactured housing industry and others. With the decline now in oil prices and the accompanying decline in the number of drilling rigs, those who work in the manufactured …
Will the Decline in Rig Counts Affect Manufactured Housing? Read More
Some areas of the country are experiencing dramatic surges in population. Cities in Texas are cashing in on the movement of people who want to take advantage of the many job opportunities there. The relocation of companies to Texas’ favorable business atmosphere has brought a lot of new people into …
Shrinking Population Contributes to Decrease in Home Sales Read More
MHCV values went down 1.70%. In the stocks we track, the leader was SKY up 2.23%. Reuters tells MHProNews that the Dow and S&P 500 eased on Thursday following declines in energy shares and a disappointing outlook from Wal-Mart, while the Nasdaq hit another 15-year high as Priceline shares jumped. …
Dow, S&P 500 Go Down; Nasdaq Goes Up; MHCV Values Dip Read More
The Mississippi Manufactured Housing Association (MMHA) recently awarded Stoney Creek Mobile Home Community of Richland, Mississippi, the 2014 Community Development Award. This honor is awarded to the best in manufactured home communities in the State of Mississippi as determined by the MMHA Board. After receiving and reviewing numerous nominations from …
Mississippi Manufactured Home Community Receives Statewide Award Read More
The Country Meadows Mobile Home Park in Brandon, Mississippi (Jackson area), is planning to expand and add more homes. The park currently has 260 lots and will expand by the addition of 75 lots, owner Cane Ditto of the State Street Group said. The Jackson Clarion-Ledger tells MHProNews that although …
An innovative program in McCook, Nebraska, provides job training for inmates of a local prison who work to build modular homes for a non-profit organization, Prairie Gold Homes. The McCook Gazette tells MHProNews that Prairie Gold Homes specializes in selecting inmates to participate in the classroom style construction of modular …
Universal Forest Products, Inc. (Nasdaq: UFPI) today announced that its 4th quarter net sales of $620.1 million is 17.9% more than 4th quarter results for 2013. Net earnings in the 4th quarter of 2014 were $9.3 million or 16.5 % more than the same period of 2013. The company reported …
Universal Forest Products, Inc. Releases Positive Report for 2014 4th Quarter Read More
Senior living in manufactured housing communities is catching on in Australia just as it has in the United States. The only differences are that these communities are called “Caravan Parks” down under and presently only 2% of Australia’s population call a manufactured house their home compared to 6% in the …
Investing in MH Communities Pays Off for Australian Entrepreneurs Read More
MHCV values went up 3.86%. In the stocks we track, leaders were UFPI 1.72%, CG 1.50%, ELS 1.39%, LPX 1.15%. Marketwatch tells MHProNews that U.S. stocks ended marginally lower on Wednesday as investors wrestled with interpreting minutes from the Federal Reserve’s latest policy meeting. Minutes showed that officials were not …
U.S. Stocks End Choppy Session Slightly Lower; MHCV Stocks Go Up Read More
Due to the large content of arsenic in the soil upon which the Old Mill Mobile Home Park in Middleport, New York, is located, the owners have decided to sell the property and close the community. The Buffalo News tells MHProNews that faced with a state demand for remediation of …
New York MH Community Closing Because of Arsenic in Soil Read More
A teen entrepreneur is following in his father’s footsteps by taking ownership of a manufactured housing community. Alfie Best, Jr, 17, has purchased a site in Crays Hill for a six-figure sum, becoming the youngest manufactured home community owner in the UK. Alfie is the son of Alfie Best, Sr., …
English Teenager Buys Manufactured Housing Community Read More
The Calgary Herald tells MHProNews that according to TD Economics, a Canadian economics firm, Calgary MLS home sales are forecast to plunge by nearly 50 per cent this year amid a climate of declining oil prices and an uncertain economy. The report said the oil-driven housing market in Calgary has “already experienced …
Calgary’s oil-driven housing sales predicted to plunge 50% this year Read More
Before the great flood of 2013, there were two manufactured home communities in Lyons, Colorado, a town of about 2,000 residents. The flood wiped out both communities where more than 50 families lived. According to former resident Sandy Sharpe who lived at the River Bend Mobile Home Park, “Many of …
Manufactured Home Residents Displaced by Flood Want to Return to Town They Love Read More
PR Web tells MHProNews that Austin affordable housing provider YourPark.com is poised to make its debut on the INC list of fastest-growing companies in the US. Organized four years ago, YourPark.com acquires and manages manufactured home parks and communities in several areas. Currently the company owns 11 communities in Austin, …
Affordable Housing MH Community Owner Soars to Success Read More
MHCV values went up 7.95%. Most of the manufactured housing stocks we track changed little. Only SKY 1.90% and KMP 1.09% had some small gains. Marketwatch tells MHProNews that as the saying goes, there’s nothing as bullish as a fresh record, except the last one. This means that there are …
Although drones have been used in warfare and police actions, now these Unmanned Aircraft Systems (UAS) are being proposed for use in, of all things, real estate! Inman News tells MHProNews that finally the FAA is proposing some long-awaited drone rules governing the commercial use of small drones which could …
As the value of land in certain areas increases and more lucrative opportunities for land use appear, residents of many manufactured home communities across the nation find that they are faced with moving. They either must move their homes to another location or abandon them and find other living arrangements. …
Manufactured Home Owners Adjust to Changing Times and Situations Read More
The HomeOwnership Center, headquartered in Utica, New York, is accepting applications for assistance in replacing dilapidated manufactured homes from rural Oneida County homeowners. The project grant, totaling $600,000, was awarded to Oneida County in 2014 by New York State Homes and Community Renewal. Assistance to rural Oneida County manufactured / mobile homeowners from …
Manufactured Home Replacement Program in Oneida County, New York Read More
Clayton Homes of Maryville, Tennessee, has released the results of a study entitled “Millennial Homebuyer Research” that reveals some of the attitudes about manufactured homes as they relate to millennials and first-time homebuyers. This study was conducted by Hanover Research in September 2014 and includes the responses of 547 participants. PR Newswire tells MHProNews …
Study Reveals Trends and Attitudes of Millennials and First-time Homebuyers Read More
