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.
Overall, MHCValue went down 5.55%. Among our tracked MH connected stocks the exception was KMP, which experienced a .28% increase. Marketwatch tells MHProNews that crude-oil futures settled sharply lower Thursday, erasing a surge higher that followed the Swiss National Bank’s decision to scrap a cap on its currency, as the …
Manufactured Housing Composite Value and Dow continue Decline Read More
Skyline Homes, Inc. (SKY), Elkhart, Indiana, reports a 27% increase in their net sales in the second quarter of fiscal 2015. This represents net sales from continuing operations of $49,667,000, compared to net sales of $39,208,000 from continuing operations in the year ago quarter. During the second quarter, Skyline completed the sale of …
Skyline Homes Reports a Profit in Fiscal Second Quarter 2015 Read More
There is some good news on the horizon for the housing industry as many experts and economists expect an expanding market for 2015. Most housing analysts are predicting substantial growth in housing activity in 2015 — much more than has been experienced during the past year. The Daily Journal tells MHProNews that …
Wells Fargo – A Whole New Ball Game for Housing in 2015 Read More
Manufactured Home Community (MHC) owner, Hall of Famer and MMHF Chairman Ron Thomas Sr. says there is a hunger in the ranks of MHPros for knowledge. Over two thousand attendees of the Louisville Manufactured Housing Show in 2014 must agree. The pre-registrations for the 2015 Show are running ahead of …
The Manufactured Housing Association for Regulatory Reform (MHARR) announced that on February 11, the MHCC General Subcommittee will conduct a conference call meeting to follow-up on decisions made by the full MHCC last December to address “multi-family aspects of manufactured housing.” This comes in response to a guidance memorandum issued by …
MHARR To Consider HUD Limitations on Multi-Family Manufactured Housing Read More
It was a good Christmas for residents of West Wind Estates in Rochester, New Hampshire, because on Christmas Eve they closed on the purchase of their 129-space community. This became New Hampshire’s 111th resident-owned manufactured home community and Rochester’s ninth. That’s an impressive number of resident-owned communities for such a …
West Wind Estates residents purchase their community Read More
Most of the tracked manufactured housing connected stocks experienced a slight loss. ELS, DW and LPX went up slightly. On the Dow, a late-afternoon rally, triggered by a rebound in beaten-down oil prices, was not enough to lift U.S. stocks out of negative territory on Wednesday. The key benchmarks closed …
Manufactured Housing Composite Value and DOW both dip again Read More
When looking for wise investments, manufactured housing stocks and funds that include MH companies are at times a good choice. Seeking Alpha tells MHProNews that Clayton Homes’ parent company, Berkshire Hathaway, is still 14% undervalued relative to its fair intrinsic value and that the fund generates solid profit growth. Berkshire’s …
Clayton Homes’ Parent Company, Berkshire Hathaway, Touted As Good Investment Read More
Given the positive impact of shale production on new manufactured housing, modular and workforce housing shipments, MHProNews has been tracking for some time expert commentary on the topic. As oil’s long slide continued, the U.S. Energy Department predicted that production from U.S. shale operators will begin to decline in the …
In the manufactured housing market, nearly all stocks declined, with the MHCV going down 2.15%. Skyline was the exception and its stock went up 3.08%. USA Today tells MHProNews the Dow ended a bit in the red Tuesday after a wild, 400-point swing, indicating just how volatile the stock market …
Manufactured Housing Stocks and DOW Both Decline Today Read More
SearchCore, Inc. (OTCQB: SRER), a manufactured housing retail center owner and operator with retail centers through its wholly owned subsidiary, Wisdom Homes Of America, Inc., announced a year-end business update for the 2014 fiscal year. GlobeNewswire tells MHProNews that the publicly-traded company’s accomplishments in 2014 include: Opening four new Manufactured …
Although the 2016 election will not occur until November of that year, the race is already heating up. Candidates are coming out of the woodwork and jockeying for their position in the race. Which ones would benefit the manufactured housing industry the most? Below are some possible candidates: Republicans Jeb …
Manufactured housing pros often hear about the ties between selling homes and a robust job market. According to the U.S. Bureau of Labor Statistics, employers added 252,000 jobs in December and the unemployment rate dropped to 5.6 percent. They also say that last year saw total gains of 2.95 million …
The “Official” Unemployment Rate vs. The Real Unemployment Rate Read More
Although modular construction is not new, it’s only been in recent years that a fascination and appreciation for modular has increasingly hit the mainstream. After World War II, the low cost and high efficiency of prefab construction appealed to architects who were building schools, hospitals, and government buildings. Today’s building professionals are …
Cracking the Code – Modular Skyscraper 32 Floors of snap-together Prefab units Read More
In the manufactured housing market, SUI and SKY were the leaders today. Marketwatch advises that the market ended Monday’s session with losses for the second straight trading day, as a renewed sell-off in oil once again influenced investor confidence. Energy, technology and financials, which collectively comprise nearly half of the …
Dow drops slightly as MHCV stock goes up 2.21 percent Read More
T.R. Arnold & Associates (TRA) of Elkhart, Indiana, announced that they have received accreditation from the Standards Council of Canada, enabling them to provide all manufacturers of RVs, park models, and manufactured/modular structures with shipping to Canada. “We are very pleased to be able to provide this service to our …
T.R. Arnold & Associates Receive Canadian Accreditation Read More
Sun Communities, Inc. (NYSE: SUI) announced on January 6, 2014 has closed the final portion of its previously-announced acquisition of 26 manufactured housing communities from Green Courte Partners, LLC (“GCP”). Globenewswire tells MHProNews that the acquisition of the 26 communities included the associated manufactured homes and notes receivable for an aggregate …
Sun Communities Acquire Additional 26 Properties from Green Courte Partners Read More
The new super energy-efficient manufactured homes being designed to withstand Vermont’s severe winters, previously reported at the link here, have a higher price tag than other manufactured homes. Some think there may be problems in obtaining financing for these new 21st century factory-crafted homes. Ethan de Seife, writing in Seven Days, …
Locating Financing for 21st Century Manufactured Homes May Be Difficult Read More
A fire at one of Skyline Homes’ manufacturing plants in Upper Leacock Township, near Lancaster, Pennsylvania, on Thursday evening (Jan. 8) destroyed three homes that were under construction. Fire officials determined that the cause of the fire was likely a malfunctioning electric fan used to remove moisture from drywall. Lancaster Online …
Fire at Skyline Homes Factory Will Not Slow Down Production Read More
MHProNews has confirmed that attorney Bill Matchneer, previously with HUD and the CFPB, will be addressing the attendees of the Louisville Manufactured Housing Show. So too will Richard “Dick” Jennison, MHI’s current President and CEO. MH community and street retail Hall of Famer, Ron Thomas, Sr. – who is also …
Bill Matchneer, Dick Jennison and Ron Thomas Sr. to address Louisville Show attendees Read More
