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.
Residents of a subdivision in Thomaston, Georgia, indicated they did not want a modular building that would “temporarily” house a church congregation in their neighborhood. Others said they did not want a church in their neighborhood at all. This controversy centers around a request from a church group to put […]
Church in a Modular Building? Not In Our Neighborhood! Read More
The increased investment interest in manufactured home communities is similar to that seen in recent years for multifamily properties, according Mark Weiner, chief financial officer for Storz Management, Orangeville, California. “Unlike apartments, manufactured home communities only rent space rather than the living units themselves, which are still owned by the residents,” he
Manufactured Home Communities Becoming Emerging Investment Trend Read More
Manufactured housing has found great popularity at the Eurocamp resorts in more than 180 locations across Europe. These comfortable conventional home-like accommodations are to be found at resorts by the beach, in the mountains, at lakeside and even in capital cities. The manufactured home pictured above is a favorite, designed
Manufactured Housing Proves To Be Popular at Numerous European Resorts Read More
Cavco Industries, Inc., (CVCO) was among the biggest gainers on the Russell 2000 for Friday, January 16, as the stock rose 5.22% to $74.93, representing a gain of $3.72 per share. Some 66,651 shares traded hands on 802 trades, compared with an average daily volume of 31,213 shares out of a
Cavco Industries Stock Rises 5.22% According to Russell 2000 Read More
Looks like the weather is going to give us a break for the Louisville Manufactured Housing Show beginning on Wednesday. There are lots of great seminars to attend in addition to visiting and networking with others in the industry. And, many breathtaking new homes to see! Perhaps you’re on your
Sunday Morning Recap – January 11, 2015, to January 17, 2015 Read More
The Weather Channel tells MHProNews that the forecast for the 2015 Louisville Manufactured Housing Show is for milder temperatures than normal. Tuesday should be a good travel day, with highs in the low 50s. Inside the climate controlled Kentucky Exposition Center (KEC), the forecast for the best attended industry event
Forecast – Cool, Clear, Busy and Hot for 2015 Louisville Manufactured Housing Show Read More
The Ticker Report tells MHProNews that Equity Lifestyle Properties (NYSE:ELS) reached a new 52-week high during trading on Thursday. The company traded as high as $56.57 and last traded at $55.70, with a volume of 104,135 shares changing hands. The stock had previously closed at $56.30. Several analysts have recently commented on
Equity Lifestyle Properties (ELS) Reaches New 1-Year High at $56 Read More
In an effort to revitalize an inner city neighborhood in Hutchinson, Kansas, Interfaith Housing Services has been wanting to build new homes on vacant lots there. Unfortunately, the group discovered that building new homes in already established residential areas was limited because new houses built in older neighborhoods typically will
Champion Homes May Build 30+ Modular Homes in Hutchinson, Kansas Read More
The Manufactured Housing Composite Values went up 3.42%. Leaders in MHCV tracked stocks were SKY 9.17% and CVCO 5.22%. Marketwatch tells MHProNews that crude-oil futures rallied Friday, obtaining their first weekly gain in eight weeks as the International Energy Agency said collapsing crude prices would cut into supply growth from
Although Mississippi Governor Phil Bryant declared October as “Manufactured Home Month” and noted that factory-built dwellings provide housing for 507,000 Mississippians, this may soon be a thing of the past in Pearl, Mississippi, a town of 25,000. The Mississippi Business Journal tells MHProNews that Mayor Brad Rogers and City Attorney
Proposed New Ordinances in Mississippi Town Threaten Manufactured Home Communities Read More
Leave it to the Japanese to design a modular home that offers a lot of comfort and style in a minimalist environment. Challenged by a population density larger than many other nations for the land mass their country occupies, Japanese builders and architects always seem to be coming up with
Japanese Prefabs Offer Solutions to High Costs and Limited Land Read More
How many people would leave a two-story home in an upscale community to live in a manufactured home community where most of the residents are living near, or below, the poverty line? That’s just what one family in Corcoran, Minnesota, did. Jill and Brian Dejewski, felt that God was calling
Family Leaves Suburbs to Help Residents of Manufactured Home Community Read More
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
