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.
In North Carolina, the North Wilkesboro Board of Commissioners and the Wilkesboro Town Council approved zoning requests that were presented in public hearings this week. Wilkesboro Planning and Community Development Director Andrew Carlton presented a zoning code amendment requiring that Manufactured Home Community (MHC) plans be approved by the Wilkesboro […]
Josh Ducharme, San Antonio Credit Union (SACU) Mountainside Financial division’s Business Development Executive, tells MHProNews that hundreds of manufactured housing businesses have been or are providing lending to customers using variations of the captive finance concept. This practice now requires increased licensure, explains Ducharme, for individuals and businesses under Dodd-Frank. Businesses
Is Captive Financing a risky lending choice for Manufactured Housing Industry companies? Read More
Amanda Fraser, assistant to Dennis Hill at Show Ways Unlimited, told MHProNews that “At this time last year we had 490 Attendees, and this year we are at 554.” RV MH Hall of Fame inductee, Dennis Hill, confirmed the fact that as of today, pre-registrations for the 2015 Louisville Manufactured
A steady drop in crude pushed by OPEC has been popular for consumers, but not for the oil producers and related companies. Like a domino effect, oil companies around the world have cut back on production, investment and their workforce. The New York Times (NYT) tellsMHProNews that the day
The MHCV closed down, and only Sun Communities rose while other tracked stocks slid or stayed even. The Dow and other exchanges continued their modest retreat. The U.S. markets normally rise in December, but so far this year, that’s not so, says CNN Money. Oil is one factor, and it
SUI sole bright spot; MH Composite down, major exchanges continue slide Read More
While there are those in the manufactured home community side of the industry that abhor the ‘t-word’ or having their properties called ‘a mobile home park,’ on the other end of the spectrum is Frank Rolfe. First, give the man and his associates their due. Their total communities would place
Director Robert Matthew Perry says, “To expect a night of laughs as residents of Armadillo Acres of Stark, Florida’s premier mobile home communities hunker down for the redneck Christmas ahead.” So reports, The Herald News (THN) to MHProNews, about the Little Theatre of Fall River, MA, featuring “The Great American Trailer
Homes.com tells MHProNews that 65% of their site’s visitors are searching for rentals. So it’s no surprise that even with low lending rates, many home buyers are cautious. Jed Kolko, chief economist of real estate website Trulia Inc. said: “Entry-level buyers might not yet surge back into the market. While wages
Mixed signals on housing debated by experts as 2015 approaches Read More
City Attorney William Wynder from Carson City, California has stepped down after 35 years. Along with his wife, they plan to do mission work next. Wynder said: “It has been way harder to leave than I thought it was going to be, I have loved working in this city.
Carson City Attorney’s Mission to Stop MH leads to Mission work for LDS Read More
Manufactured housing stocks overall did well today. Oil’s slip – which can impact MH – slid up. MarketWatch reads like a press agent for the Labor Department today, touting how rapidly jobs are being snapped up. As if to respond, the Drudge Report says the labor force participation rates are
Manufactured Housing Composite spikes, Oil Rebound and Jobs…well, mixed markets Read More
In an effort to push forward with political, best practices, policies, image and other issues, the Manufactured Housing Industry is wise to take a page from IBM and get many voices involved. In an article for the New York Times (NYT) by Phil Gilbert, general manager of IBM Design, he
Many Voices being heard a Key to advancing the MH Industry? Read More
According to the Arizona State Fair, approximately 1.14 million visitors came to their fair during the 18 days that a 2014 Manufactured Home model was on display there. While many didn’t tour the home, enough of the public did to generate 1,100 leads during that exposition. Arizona Housing tells MHProNews
Arizona Housing and MHIndustry firms uses AZ State Fair to showcase Manufactured Housing Read More
The Prefabricated Accessible Technological Homes (P.A.T.H.) targets the high-end, luxury home market. The PATH home produces more energy than it needs. Jetson Green tells MHProNews that these PATH houses were created by French designer and architect Philippe Starck in collaboration with Slovenian prefabricated housing specialist Riko. The two are selling these
PATH prefabricated homes are targeting luxury home buyers Read More
Sun Communities (SUI) bucked a down trend among MH tracked stocks today. CNN Money reports that some in Big Oil are feeling the heat caused by the downward pressure by OPEC on crude prices. Some are saying prices at the pump could be under $2 a gallon in many part
SUN bucks MH stocks downtrend. Big Shale/Oil/DOW getting spooked by OPEC? Read More
On Saturday December 6, Mary Landrieu, a Louisiana Democrat was defeated by Bill Cassidy a U.S. House Republican. In the run-off race for the LA Senate seat, Cassidy’s win now means that the Republicans have secured a net gain of 9 Senate seats, giving them 54 senators to 46, and
Mary Landrieu’s defeat, what does it mean to Manufactured Housing? Read More
In a recent market report, WKRB News & Analysis tells MHProNews that shares of The Carlyle Group (NYSE:CG) traded down 1.55% during mid-day trading on Thursday December 4th, hitting $28.01. The stock had a trading volume of 29,791 shares. CG had a one year low of $26.34 and a one
The Carlyle Group’s (CG) Lows and Highs, per Recent Stock Market Reports Read More
As was announced in a November Daily Business News brief linked here, Danny Ghorbani, President and CEO of the Manufactured Housing Association for Regulatory Reform (MHARR) is retiring. Writing in The Journal, Danny shares a look back and ahead. He thanks Journal publisher Jim Visser, his industry friends, MHARR colleagues
William “Bill” Matchneer, JD, previously the Department of Housing and Urban Development (HUD) Manufactured Housing program administrator, will be a featured speaker at the 2015 Louisville Manufactured Housing Show. Matchneer was also key in writing the soon-to-be-implemented “Appraisal Rule” for the Consumer Financial Protection Bureau (CFPB), which goes into effect
Bill Matchneer, prior HUD MH Program and CFPB Insider, will speak at Louisville Show Read More
Before jumping into the week that was, first a programing note for the work week starting Monday morning, around 4:30 AM ET. There will be an exclusive news item of interest for manufactured housing professionals. Looking back at the week of 11-30-2014 to 12.6.2014, big acquisitions and finance news were
Sunday Morning Weekly Recap – Factory Built – Housing News – for 11-30 to 12-6, 2014 Read More
According to Business Wire, the Kroll Bond Rating Agency (KBRA) announced the assignment of preliminary ratings to the Carefree Portfolio Trust 2014-CARE transaction (see ratings list below). MHProNews has learned that the Carefree Portfolio Trust 2014-CARE is a Commercial Mortgage Backed Securities (CMBS) single borrower transaction. It is collateralized by a
Kroll Bond Rating Agency Rates Carefree in the Manufactured Home Communities sector Read More
