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.
Americans mourned the recent death of former Massachusetts Senator Edward Brooke, the first African American popularly elected to the U.S. Senate. He was 95 years old and died at his home in Coral Gables, Florida. Brooke (R-Mass.) was very influential in the passing of anti-poverty laws. Obtaining fair housing for …
Senator Edward Brooke (R-MA), Fair Housing Law Champion, Dies at 95 Read More
The outcome of an important case is due for oral argument with the United States Supreme Court beginning January 21, 2015. The case is entitled Texas Department of Housing and Community Affairs, et al, Petitioners v. The Inclusive Communities Project, Inc., Respondent. It is awaited with anxiety and trepidation in many …
Nadeen Green says Disparate Impact case could rock MH & MHC owners, managers world Read More
ELS, SUN and UMH bucked the trends in MH and the broader markets, each gaining a bit in the broader market drop. Oil prices ended at about $50 a barrel. Marketwatch says that some traders are betting on $20 oil. CNN Money tells MHProNews that “the main culprits of market …
MHCs buck the trend, as the Dow plunged 331 points today, worldwide markets drop Read More
Manufactured homes, those factory built homes constructed after June 15, 1976, according to HUD Code construction and safety standards, have proven to be safer from fire than stick and brick houses or pre-HUD Code mobile homes. Still, safety precautions need to be taken. This includes have working fire alarms positioned …
Death of Child in Factory Built House Fire Inspires Increased Education on Fire Safety Read More
Caddis Capital Investments, LLC, announced the firm has purchased two 55+ manufactured home communities (MHCs) near Phoenix, Arizona for 10.8 million. These two properties include Paradise Valley Ranch, a 168-site active adult community in Paradise Valley, Arizona. The other is Chaparral Ranch, a 100-site active adult community in Apache Junction. …
Caddis Capital Closes on $10.8 Million Purchase of two 55+ Manufactured Home Communities Read More
New year, 2015 is here! The Louisville Manufactured Home Show is 2 weeks and 3 days away! Manufactured, modular and broader news that touches your professional world is all around. From Flashy Fancy Dutch PreFabs, to how much better manufactured homes preform against fires than conventional houses or mobile homes, …
Sunday Morning Weekly Recap – Manufactured Housing News – for 12-28, 2014 to 1-3, 2015 Read More
Americans don’t have a monopoly on the design of prefab housing. Sometimes it’s interesting to take a look at what’s happening in other countries. American and international builders can – and no doubt do – pick up some ideas from each other. MHProNews checks out global pre-fab news, just …
Dutch Firm Designs Flashy Prefab Homes for Young Professionals Read More
The 2015 Louisville Manufactured Housing Show is now less than 3 weeks away. The Louisville Show has been the MH industry’s largest trade event for the last two years. Registrations are up by 49 professionals over the same period last year, and will accelerate from this point forward. Updates for …
Louisville Manufactured Housing Show Countdown Updates Read More
Manufactured home community connected stocks did well today, while the MHCV dipped as did most other MH tracked companies. Reuters tells MHProNews that the broader U.S. stocks closed with little change on the first trading session of 2015, finishing well off session highs as economic data short-circuited early gains. In …
MHCV, S&P and NASDAQ slide, Dow begins 2015 with little change Read More
A prime supplier and manufacturer of products specific to the manufactured housing industry has announced some leadership changes, effective January 1. Style Crest Enterprises, Inc., Fremont,Ohio, announced that Tom Kern, founder and past CEO of Style Crest will assume an active management role as Chairman of the Board of Directors …
Manufactured Housing Industry Supplier Announces Leadership Changes Read More
Manufactured housing “street” or “community” retailers know how important credit scores can be for getting financing for would be customers. Consumer Financial Protection Bureau (CFPB), related federal or state licensing and regulatory standards have been making it tougher for sellers to communicate with consumers. Regs can also make it challenging …
The term “sliders” is no longer limited to those small 3” sandwiches offered at various restaurants. A team of engineers at Stanford University has developed a method of constructing earthquake-resistant homes using 4.5” steel and plastic “sliders.” Jetson Green tells MHProNews that Stanford’s method involves placing a home on “seismic isolators.” …
Stanford University develops Earthquake resistant design for Homes Read More
Two so-called ‘mobile home’ fires that hit local news illustrate the fact that modern manufactured homes (MH) offer better protection by design. Modern MH is safer against fires than traditionally constructed housing. MH is safer than pre-HUD Code mobile homes too. Who says? The NFPA – the National Fire Protection …
Manufactured Homes – Safer in Fires than “Sticks and Bricks” Houses Read More
There are many signs and facts that point to a continued manufactured housing recovery. We are in year 5 of year-over-year sales growth on new manufactured homes. There are new home sites being added in existing manufactured home communities, plus new communities are being planned. Investors are willing to place …
Aging and improperly maintained infrastructure can lead to drinking and waste water problems in any kind of neighborhood, manufactured home communities (MHC) included. Besides the hassles for residents, media accounts of health violations in MHCs tend to fuel the ‘troubled mobile home park’ image. A recent example of this took …
Faulty Water and Sewer create problems for some MHC Residents and community owners Read More
The Manufactured Housing Composite Value and most tracked MH stocks lost ground today. Brent crude, the global benchmark for oil, hovered around a new low of $56 a barrel, heading for its largest annual decline since 2008. Oil inventories declined more than expected last week. CNN Money points out that …
The race for the presidency began months ago for Hillary Clinton and others who have been testing the waters. What will the business community and manufactured housing professionals be looking for as the 2016 campaign unfolds? Who will emerge as the standard bearers for the two major parties? Undoubtedly, Bill …
Will Jeb Bush advance family dynasty, seeking 2016 Republican Presidential candidacy 2016? Read More
Wisdom Homes Of America, Inc., has a lot to be happy about. The company opened its fourth and largest retail center located in Mount Pleasant, Texas, in December with a total of 11 pending transactions. “We began receiving home purchase applications immediately after the bulk of our inventory started arriving …
Wisdom Homes Celebrates new East Texas Retail Center with 11 pending sales Read More
The MHCV slid over 5% today. Marketwatch tells MHProNews that “cheaper gasoline, faster job creation and previously rising stock prices cheered up Americans during the holiday season. Consumer confidence rebounded in December to the third-highest level since the end of the recession more than five years ago.” So what happened? …
Studies show that older Americans in the 65 to 74 age group have the highest percentage of home ownership. This has provided valuable support to the American housing market in the last several years and is important for factory-built housing sellers too. If studies like the one done by Foremost …
Older Americans Provide Strong Support to U.S. Housing Market Read More
