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.
On February 5, Skyline Corporation (NYSE:SKY) announced it will remain an independent company and will remain focused on its plan to build long-term shareholder value. This decision was supported by a Special Committee of the Board that determined “for a variety of reasons, remaining independent represents the best opportunity to […]
Skyline Decides to Remain Independent to Continue Recent Successes Read More
U.S. equity REITs are coming off a stellar year with total returns for the sector at nearly 30 percent—double that of the S&P 500. Yet with valuations for many REITs already at pre-recession levels, industry analysts are skeptical that REITs will be able to keep up that pace for much longer.
Will the REIT Rally Continue? Read More
Not only are new home starts increasing, the multi-family market is being revived according to industry panelists’ at the recent National Association of Home Builders (NAHB) International Builders’ Show (IBS) in Las Vegas. The general concensus was that the multi-family market has had strong demand in recent years and is
Multifamily Housing to Remain Strong in 2015, Says IBS Panel Read More
MHCV values in general went up 1.42%. Leaders in stocks we track are: UFPI 2.40%, KMP 2.10%, ELS 1.87%, AMG 1.63%, BRK.A 1.60%. Marketwatch tells MHProNews that U.S. stocks recorded solid gains on Thursday, buoyed by a rebound in oil prices, deal news and upbeat quarterly earnings, pushing the S&P
Dow and Oil Stocks Go Up; MHCV Values Go Up Slightly Read More
Yesterday, on February 4, 2015, HUD announced its newest list of appointments to the Manufactured Housing Consensus Committee (MHCC). After reviewing this list, MHARR feels that HUD has once again denied the industry collective voting representation, an important right for consumers. MHARR feels that HUD continues to selectively manipulate membership terms
HUD Again Denies Collective Industry MHCC Representation Read More
As people get older, sometimes adjustments are needed to accommodate both their physical and financial requirements. Sometimes there needs to be some remodeling done at a stick-and-brick home. At other times, a manufactured home may be added to the property to accommodate relatives and caregivers. In other situations, some older
Adjusting Living Spaces to Accommodate Older Homeowners Read More
Lower interest rates and increased consumer confidence have resulted in increased sales of new homes in January, according to some of the nation’s largest home builders. The Wall Street Journal tells MHProNews that Taylor Morrison Home Corporation, a builder in five states, on Wednesday reported a 30% increase in its
Sale of New Homes Increased in January and Expected to Continue Read More
On February 4, the U.S. Department of Housing and Urban Development (HUD) announced the newly appointed members of the Manufactured Housing Consensus Committee for 2015 as well as those appointed to a second term. Robin Roy, Chris Flannery, John W. Weldy, and Joseph L. Anderson II will serve as new
HUD Announces Members of Manufactured Housing Concensus Committee Read More
On December 26, the day after Christmas, Dennis Moylan, 46, was asleep in the bedroom of his home at the Pioneer Park manufactured home community in Bradenton, Florida. Around 1 a.m., some men fleeing from police in a stolen car crashed into his house. The crash moved the home from
Florida Vietnam Veteran Receives Free Manufactured Home Read More
MHCV values in general went up 2.58%. Several of the stocks we track went up, but most went down. Companies with positive gains: CVCO 4.57%, SKY 1.96%. The Associated Press tells MHProNews that the stock market ended an uncertain day, mostly lower, after the price of oil took another plunge.
Dow Goes Up as Oil Drops 9%; MHCV Values Go Up Slightly Read More
Wisdom Homes Of America, Inc., announced on February 4 that the company has an option to acquire 25 residential lots in Sherman, Texas, on which to locate manufactured homes. “We are continually striving to make the manufactured home buying experience easier and faster for our customers,” Brent Nelms, President of
Wisdom Homes Announce New Development on Texas – Oklahoma Border Read More
For the first time in many years, new manufactured home communities (MHCs) or additions to existing MHCs are being developed. One of those is located in Church Hill, Tennessee, tucked into the northeast corner of the state. This new community is being created by a couple with a desire to
New Manufactured Home Park in Tennessee Being Offered By Enterprising Couple Read More
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
