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.
On Friday, February 20, the owner of Bayside Gardens in Clearwater, Florida, confirmed what residents suspected: The waterfront park with its stunning views of Old Tampa Bay is too valuable for a bunch of older manufactured homes. “We’re going to put condos there,” said Maurice Wilder of Clearwater-based Wilder Corp. […]
Senior manufactured home community is closing to make way for waterfront condos Read More
It’s Sunday morning again and time to review the MHProNews articles for the week. Articles include discussion about decline in oil rig counts and how that may or may not affect manufactured housing sales. A teenager in England purchased his first manufactured housing community. Down Under in Australia, “Caravan Parks”
Sunday Morning Recap – February 15, 2015 to February 20, 2015 Read More
The owner of a northern Idaho manufactured home community where sewage lagoon waste has been entering the South Fork Palouse River has been ordered to pay $100,000 for violating the Clean Water Act. The Moscow-Pullman Daily News tells MHProNews that on Wednesday, February 18, U.S. District Court Judge Candy Dale
N. Idaho mobile home park owner fined $100,000 Read More
Last night, Fox News’ Special Report highlighted the former Chairman and Chief Executive Officer of Hewlett-Packard, Carly Fiorina, in its continued focus on possible 2016 Republican presidential candidates. Carly was described by some in the mainstream media who saw this interview as “flawless.” Carly worked her way through undergraduate and
Possible 2016 Presidential Candidates – Carly Fiorina Read More
At last! A news outlet is finally telling a more balanced story about tornado safety and manufactured homes. WJTV in Jackson, Mississippi, interviewed a resident who lost one manufactured home in a tornado last year on April 28, 2014. He now has a new manufactured home and has made sure
MHCV values went up 0.22%. In the stocks we track, leaders today were UFPI 5.04% and ELS 1.21%. There were a lot of negatives for other companies. The weekly winner is DVLY up 27.27% on Feb. 18. Reuters tells MHProNews that the Dow and S&P 500 ended at record highs on
U.S. Stocks Rise Slightly; MHCV Stocks Barely Inch Up Read More
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
Mississippi Manufactured Home Community to Expand Read More
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
Inmates Learn to Build Modular Homes in Nebraska Read More
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
