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.
Homeowners in Oceanside, California’s manufactured home communities have been meeting with the mayor about interference in the sale of their homes by community owners. As a result, the city council has directed the city attorney to look into the matter. Mayor Jim Wood requested City Attorney John Mullen to meet […]
Oceanside Homeowners Protest Community Owners’ Actions Read More
MHCV values in general went up 3.62%. Several of the stocks we track went up. Leaders are: UFPI 3.42%, SUI 2.17%, LPX 2.00%. Marketwatch tells MHProNews that U.S. stocks advanced further and were on track to record a second-straight day of big gains Tuesday afternoon, as equities tracked surging oil
Dow Surges Triple Digits as Oil Jumps to 2015 High; MHCV Values Went Up Slightly Read More
Just-released statistics indicate that HUD Code manufacturers produced 4,704 homes in December 2014, an 18% increase over the 3,985 HUD Code homes produced during December 2013. This information was reported by the Manufactured Housing Association for Regulatory Reform (MHARR). The statistics came from the U.S. Department of Housing and Urban
2014 ends with Good News! MH Production in December Increased 18% Read More
The Manufactured Housing Institute (MHI) tells MHProNews that Representatives Stephen Fincher (R-TN), Terri Sewell (D-AL), Andy Barr (R-KY), and Kyrsten Sinema (D-AZ) introduced the Preserving Access to Manufactured Housing Act. The proposed bill is designed to alleviate the regulatory burdens that have impeded consumers’ ability to purchase manufactured housing, which
Bipartisan Bill to Preserve Access to Manufactured Housing Introduced in the House Read More
Finally, things are looking up for the manufactured housing industry in a small town in Nebraska. The Scotts Bluff County Commissioners have lifted a 20-year restriction banning single section manufactured homes within the county. The Scottsbluff Star Herald tells MHProNews that Scottsbluff has a population of approximately 15,000 and is the
Commissioners Lift Ban on Single Section Manufactured Homes Read More
Many prospective homebuyers who could get a mortgage think they’re ineligible, says Rob Chrane, president of Down Payment Resource. This is an organization that helps to connect homebuyers with down payment assistance programs. Inman News tells MHProNews that millions more people can become successful homeowners today — they simply don’t
Are You Missing Opportunities to Reach Qualified Buyers? Read More
MHCV values in general went down 0.65% today. Several of the stocks we track went up: NOBH 6.49%, DW 3.00%, CG 2.32%, BRK.A 1.96%, LPX 1.04%. Although the Dow went up 1.14% today, CNN Money tells MHProNews that Seattle isn’t the only place dealing with post-Super Bowl doom and
The Dow went up today as MHCV Values dipped slightly Read More
Cavco Industries, Inc. (Nasdaq:CVCO) on January 29 announced its financial results for the third quarter and first nine months ended December 27, 2014 of its fiscal year 2015. Globe Newswire tells MHProNews that Cavco’s financial highlights include the following: Net revenue for the third quarter of fiscal year 2015 was $146.9
Cavco Industries Reports Positive Fiscal 2015 Third Quarter Results Read More
Owners and residents of manufactured home communities in Garden City, Idaho, feel that city officials are trying to eliminate some or all of these communities. “They’ve been chipping away at our rights for years and years,” Dustin Block, who owns 10 manufactured home communities, explained. “This city is trying
Back in the early 1960s, this community was known as the Pleasantville Tourist Camp. When the Atlantic City Race Course was a popular attraction, a lot of the jockeys lived there for the season. “It was called a tourist camp because it was really a vacation spot,” Robert Dolan, whose
Transforming Old “Trailer Park” Into New Factory-Built Community Read More
The Ticker Report tells MHProNews that Affiliated Managers Group (NYSE:AMG) had its target price boosted by Jefferies Group from $230.00 to $235.00 in a report issued on Wednesday, January 28. They currently have a buy rating on the stock. In addition, analysts at Keefe, Bruyette & Woods raised their price target on
Affiliated Managers Group Price Target Raised to $235.00 Read More
The Residential Energy Services Network (RESNET), an organization with no telephone contact number or physical address on its Internet website, announced in a January 28, 2015, news release that it has formed a “Modular and Manufactured Housing Rating Quality Assurance Standard Task Force” in connection with its “Home Energy Rating
MHARR Questions Need for New “Energy Task Force” Read More
It’s time to sit down and review this week’s news and articles related to the manufactured housing industry. Hope our friends in the north are keeping warm. So, have another cup of coffee, sit by the fire, and read on. During the past week, the stock market went down and
Sunday Morning Recap – January 25, 2015 to January 30, 2015 Read More
In the United States, some people think that prefab houses are low-cost, low-budget homes. That’s because they’ve never seen some of the luxurious prefab homes in Europe. Attitudes concerning prefab homes are different in Europe and prospective homebuyers realize the value and convenience in building a prefab home according to
Factory-Built European Luxury Homes Stretch the Imagination Read More
MHCV values went down 3.09% today. Gains in the MHCV stocks we track were minimal: TAVFX 0.96%, KMP 0.91%, UMH 0.31%. Marketwatch tells MHProNews that oil jumped 8% Friday, trimming January losses to 9%. CNN Money says that investors probably wished they had hibernated this January. It was the worst
The Dow and MHCV Values both went down today Read More
Hispanic community advocates say a manufactured home community in northeast Gastonia has successfully addressed a number of concerns raised by tenants there late last year. Fair Oaks Mobile Home Park became the target of pointed criticism in October. Residents who live there began complaining publicly about everything from a lack
North Carolina MH Community Receives Requested Improvements Read More
The Nash County Board of Commissioners in Rocky Mount, North Carolina, is considering modification of an ordinance relating to temporary hardship manufactured homes. Presently, the Nash County Unified Development Ordinance provides for a temporary accessory residence with a special use permit from the Board of Adjustment to be installed for
Manufactured Homes Used as Temporary Quarters for Caregivers Read More
CNN Money tells MHProNews that last week, jobless claims fell to 265,000, the lowest since April 2000 and a big drop from the past few weeks when more than 300,000 people were filing for unemployment aid. At first glance, it’s good news for the U.S. economy. More and more people
Last week saw decrease in applications for unemployment Read More
MHCV values went up 4.36% today. Leaders are: CVCO 4.34%, DW 3.74%, UFPI 3.57%, LPX 2.42%, PATK 2.32%, BRK:A 1.31%. USA Today tells MHProNews that stocks staged a strong afternoon rally and closed higher Thursday as the major indexes broke a two-day losing streak. The Dow Jones industrial average jumped
The Dow along with MHCV Values both revived today Read More
SearchCore, Inc., announced this week that its wholly-owned subsidiary, Wisdom Homes Of America, Inc., reported sales of $725,000 for the fourth quarter of 2014, an increase of 106% as compared to $351,500 in sales of manufactured homes for the third quarter of 2014. “We had steady traffic at our retail
Wisdom Homes of America Reports Positive 4th Quarter Results Read More
