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.
There was a lot of protest at first about a “trailer park” being built in a neighborhood of $300,000 to $700,000 homes in Absecon, New Jersey. This is an upscale community located just west of Atlantic City. Residents bought homes there to enjoy the scenery that overlooks Absecon Bay, an …
New Upscale MH Community Joins Upscale Neighborhood in New Jersey Read More
Overall, MHCV tracked stocks went down -3.31%. Only a few had even a slight increase. These included TAVFX 1.34% (Jan.16), AMG 1.23%, DW 1.16%, and KMP 0.38%. The bad news today is that crude oil prices continued to drop. As a result, USA Today tells MHProNews that Baker Hughes (BHI) said …
The Dow Went up a Few Points on Tuesday As Manufactured Housing Composite Values Dipped Read More
In an effort to help underserved borrowers, Director Melvin L. Watt of the Federal Housing Finance Agency (FHFA) has ordered the GSEs, Fannie Mae and Freddie Mac, to increase the use of housing counseling. It is hoped that this will assist entry-level borrowers to get into the housing market by …
FHFA Director Wants to Step Up Efforts To Increase Affordable Home Ownership Read More
HUD News tells MHProNews that on Wednesday, January 21, at 9:15 a.m. EST, U.S. Housing and Urban Development Secretary Julián Castro will join Zillow’s Chief Economist Stan Humphries for a fireside chat. The event will take place at the Newseum in Washington, D.C. Secretary Castro will take questions from a …
HUD Secretary Julian Castro to Answer Housing Questions in Live-Streamed Fireside Chat Read More
EA Technologies, a manufacturer of custom steel and aluminum parts and provider of electro-deposition (e-coat) and power coating services used in the manufactured housing industry, has been acquired by Lippert Components, Inc., a wholly-owned subsidiary of Drew Industries, Inc. Both companies are located in Elkhart, Indiana. PR Newswire tells MHProNews …
Drew Industries Announces Acquisition of MH Related Technology Company Read More
Gateway Lifestyles, an Australian company that specializes in the development and management of “residential parks” has hired two global financial services companies, UBS and Macquarie, to oversee the initial public offering of its manufactured housing parks business. Currently, Gateway owns 22 parks. The Australian Business Review tells MHProNews, that the …
Gateway Lifestyles Going Public As MH Living Becomes More Popular Down Under Read More
The weatherman has been kind to the Louisville Manufactured Housing Show. He is predicting warm to moderate weather, which means you can take in some of the sights in this area without having to wear too many layers of clothing. One of the most interesting sights to see is the …
Have Fun While Attending the 2015 Louisville Manufactured Housing Show Read More
U.S. Markets are closed today in observance of Martin Luther King Day. We will have results of selected Manufactured Housing Composite Values and other stock information after the market closes at 4 p.m. ET on Tuesday, January 20, 2014. ## Article Submitted by Sandra Lane to – Daily Business News- MHProNews. …
Stock Market Is Closed Today in Observance of Martin Luther King’s Birthday Read More
Residents of a subdivision in Thomaston, Georgia, indicated they did not want a modular building that would “temporarily” house a church congregation in their neighborhood. Others said they did not want a church in their neighborhood at all. This controversy centers around a request from a church group to put …
Church in a Modular Building? Not In Our Neighborhood! Read More
The increased investment interest in manufactured home communities is similar to that seen in recent years for multifamily properties, according Mark Weiner, chief financial officer for Storz Management, Orangeville, California. “Unlike apartments, manufactured home communities only rent space rather than the living units themselves, which are still owned by the residents,” he …
Manufactured Home Communities Becoming Emerging Investment Trend Read More
Manufactured housing has found great popularity at the Eurocamp resorts in more than 180 locations across Europe. These comfortable conventional home-like accommodations are to be found at resorts by the beach, in the mountains, at lakeside and even in capital cities. The manufactured home pictured above is a favorite, designed …
Manufactured Housing Proves To Be Popular at Numerous European Resorts Read More
Cavco Industries, Inc., (CVCO) was among the biggest gainers on the Russell 2000 for Friday, January 16, as the stock rose 5.22% to $74.93, representing a gain of $3.72 per share. Some 66,651 shares traded hands on 802 trades, compared with an average daily volume of 31,213 shares out of a …
Cavco Industries Stock Rises 5.22% According to Russell 2000 Read More
Looks like the weather is going to give us a break for the Louisville Manufactured Housing Show beginning on Wednesday. There are lots of great seminars to attend in addition to visiting and networking with others in the industry. And, many breathtaking new homes to see! Perhaps you’re on your …
Sunday Morning Recap – January 11, 2015, to January 17, 2015 Read More
The Weather Channel tells MHProNews that the forecast for the 2015 Louisville Manufactured Housing Show is for milder temperatures than normal. Tuesday should be a good travel day, with highs in the low 50s. Inside the climate controlled Kentucky Exposition Center (KEC), the forecast for the best attended industry event …
Forecast – Cool, Clear, Busy and Hot for 2015 Louisville Manufactured Housing Show Read More
The Ticker Report tells MHProNews that Equity Lifestyle Properties (NYSE:ELS) reached a new 52-week high during trading on Thursday. The company traded as high as $56.57 and last traded at $55.70, with a volume of 104,135 shares changing hands. The stock had previously closed at $56.30. Several analysts have recently commented on …
Equity Lifestyle Properties (ELS) Reaches New 1-Year High at $56 Read More
In an effort to revitalize an inner city neighborhood in Hutchinson, Kansas, Interfaith Housing Services has been wanting to build new homes on vacant lots there. Unfortunately, the group discovered that building new homes in already established residential areas was limited because new houses built in older neighborhoods typically will …
Champion Homes May Build 30+ Modular Homes in Hutchinson, Kansas Read More
The Manufactured Housing Composite Values went up 3.42%. Leaders in MHCV tracked stocks were SKY 9.17% and CVCO 5.22%. Marketwatch tells MHProNews that crude-oil futures rallied Friday, obtaining their first weekly gain in eight weeks as the International Energy Agency said collapsing crude prices would cut into supply growth from …
Although Mississippi Governor Phil Bryant declared October as “Manufactured Home Month” and noted that factory-built dwellings provide housing for 507,000 Mississippians, this may soon be a thing of the past in Pearl, Mississippi, a town of 25,000. The Mississippi Business Journal tells MHProNews that Mayor Brad Rogers and City Attorney …
Proposed New Ordinances in Mississippi Town Threaten Manufactured Home Communities Read More
Leave it to the Japanese to design a modular home that offers a lot of comfort and style in a minimalist environment. Challenged by a population density larger than many other nations for the land mass their country occupies, Japanese builders and architects always seem to be coming up with …
Japanese Prefabs Offer Solutions to High Costs and Limited Land Read More
How many people would leave a two-story home in an upscale community to live in a manufactured home community where most of the residents are living near, or below, the poverty line? That’s just what one family in Corcoran, Minnesota, did. Jill and Brian Dejewski, felt that God was calling …
Family Leaves Suburbs to Help Residents of Manufactured Home Community Read More
