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.
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
PR Web tells MHProNews that Austin affordable housing provider YourPark.com is poised to make its debut on the INC list of fastest-growing companies in the US. Organized four years ago, YourPark.com acquires and manages manufactured home parks and communities in several areas. Currently the company owns 11 communities in Austin,
Affordable Housing MH Community Owner Soars to Success Read More
MHCV values went up 7.95%. Most of the manufactured housing stocks we track changed little. Only SKY 1.90% and KMP 1.09% had some small gains. Marketwatch tells MHProNews that as the saying goes, there’s nothing as bullish as a fresh record, except the last one. This means that there are
Dow Went up 0.16%; MHCV Values Surged 7.95% Read More
Although drones have been used in warfare and police actions, now these Unmanned Aircraft Systems (UAS) are being proposed for use in, of all things, real estate! Inman News tells MHProNews that finally the FAA is proposing some long-awaited drone rules governing the commercial use of small drones which could
Is There a Drone in Your Future? Read More
As the value of land in certain areas increases and more lucrative opportunities for land use appear, residents of many manufactured home communities across the nation find that they are faced with moving. They either must move their homes to another location or abandon them and find other living arrangements.
Manufactured Home Owners Adjust to Changing Times and Situations Read More
The HomeOwnership Center, headquartered in Utica, New York, is accepting applications for assistance in replacing dilapidated manufactured homes from rural Oneida County homeowners. The project grant, totaling $600,000, was awarded to Oneida County in 2014 by New York State Homes and Community Renewal. Assistance to rural Oneida County manufactured / mobile homeowners from
Manufactured Home Replacement Program in Oneida County, New York Read More
Clayton Homes of Maryville, Tennessee, has released the results of a study entitled “Millennial Homebuyer Research” that reveals some of the attitudes about manufactured homes as they relate to millennials and first-time homebuyers. This study was conducted by Hanover Research in September 2014 and includes the responses of 547 participants. PR Newswire tells MHProNews
Study Reveals Trends and Attitudes of Millennials and First-time Homebuyers Read More
U.S. Markets are closed today in observance of Presidents’ Day and Washington’s Birthday. 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, February 17, 2015. ## Article Submitted by Sandra Lane to – Daily Business News- MHProNews.
Stock Market Is Closed Today in Observance of Presidents’ Day Read More
WYTV in Youngstown, Ohio, recently responded to a request to investigate the shoddy repairs done on the roof of 88-year-old George Hazlett’s manufactured home. The work was done with state grant money for emergency home repairs for the elderly through the Area Agency on Aging. On Monday, WYTV 33 News learned
Reporter’s story brings correction of shoddy repairs to senior veteran’s manufactured home Read More
There seems to be a contest to find out who can come up with the most unusual design for a “tiny house.” A Texas bed and breakfast owner recently converted a 1940s grain silo into a vacation cottage to accommodate guests visiting the Gruene Homestead Inn. Tiny House Talk tells
Spend the Night in a 1940s Grain Silo Read More
American Banking News tells MHProNews that the Carlyle Group (NYSE:CG) released its earnings data on Wednesday, February 11th. The company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.12. The company had revenues of $649.00 million for the quarter compared to the consensus estimate of
Carlyle Group Beats Earnings Estimates Read More
Welcome to the Sunday Morning Recap! We hope you will enjoy reading about the latest in the manufactured housing industry. There are some interesting articles regarding the sale of some manufactured housing communities and reopening of a manufactured housing plant that will provide 150 jobs. There are bills pending in state
Sunday Morning Recap – February 8, 2015, to February 13, 2015 Read More
MHCV values went down. Most of the manufactured housing stocks we track went down. Exception was LPX- up 2.47%. Reuters tells MHProNews that although stocks have reached near to a five-month high, Greek talks keep the markets edgy. Global shares hit their highest since September. Marketwatch says that although
Dow Goes Up 0.26%; MHCV Values Go Down 2.38% Read More
Moving is always hard to do, particularly when you’ve lived in one place a long time. Residents of Nick’s Trailer Park on El Camino Real in Sunnyvale, California, are no exception. Fortunately, the relocation firm Autotemp Services has been retained by the City of Sunnyvale to help residents find another
Residents of Closing Manufactured Home Park Receiving Relocation Help Read More
