Manufactured and Modular Housing News

MHCV and Dow slips – NASDAQ and S&P dips Read More

MHCV and Dow slips – NASDAQ and S&P dips

By MHProNews / December 30, 2014 / Manufactured and Modular Housing News

The MHCV slid over 5% today. Marketwatch tells MHProNews that “cheaper gasoline, faster job creation and previously rising stock prices cheered up Americans during the holiday season. Consumer confidence rebounded in December to the third-highest level since the end of the recession more than five years ago.” So what happened?

Older Americans Provide Strong Support to U.S. Housing Market Read More

Older Americans Provide Strong Support to U.S. Housing Market

By MHProNews / December 30, 2014 / Manufactured and Modular Housing News

Studies show that older Americans in the 65 to 74 age group have the highest percentage of home ownership. This has provided valuable support to the American housing market in the last several years and is important for factory-built housing sellers too. If studies like the one done by Foremost

Negative Factors Affecting conventional housing could benefit Manufactured Home Market Read More

Negative Factors Affecting conventional housing could benefit Manufactured Home Market

By MHProNews / December 30, 2014 / Manufactured and Modular Housing News

Several articles published recently in Marketwatch tell a forlorn tale about the sad state of the average American’s personal and family finances. However, there may be a silver lining to the middle class dilemma that can benefit manufactured housing. According to a recent report from the Pew Research Center in

RV/MH Heritage Foundation Announces Manufactured Housing Class of 2015 Hall of Fame Inductees Read More

RV/MH Heritage Foundation Announces Manufactured Housing Class of 2015 Hall of Fame Inductees

By MHProNews / December 30, 2014 / Manufactured and Modular Housing News

The RV/MH Heritage Foundation in Elkhart, Indiana, has informed MHProNews of the names of those who will be inducted into the RV/MH Hall of Fame in August as the Class of 2015. Foundation President Darryl Searer congratulated the honorees, saying “All of them have had or are having outstanding careers

Manufactured Home Industry accomplishments in Virginia include those good for home buyers and industry professionals Read More

Manufactured Home Industry accomplishments in Virginia include those good for home buyers and industry professionals

By MHProNews / December 29, 2014 / Manufactured and Modular Housing News

Tyler Craddock, Executive Eirector of the Virginia Manufactured and Modular Housing Association (VAMMHA), provided a snapshot of good news accomplished via that organization’s collective efforts. In reviewing what VAMMA achieved during the past year, Craddock tells MHProNews that the most significant success was an important legislative victory that benefits home

Skyline Leaps, Suppliers Sleeps, Dow breaks 7 day streaks Read More

Skyline Leaps, Suppliers Sleeps, Dow breaks 7 day streaks

By MHProNews / December 29, 2014 / Manufactured and Modular Housing News

The MH Composite Value rose today, as most producers did too. Manufactured Home Communities (MHC) were generally up, while suppliers were mixed. The Dow broke its winning streak by dropping a fraction. MarketWatch tells MHProNews that King Oil, which MH pros know can help factory home builders, is off by

Manufactured Home Community closure creates concerns for Human and Feral Cat Residents Read More

Manufactured Home Community closure creates concerns for Human and Feral Cat Residents

By MHProNews / December 29, 2014 / Manufactured and Modular Housing News

As residents of the Evergreen Village Mobile Home Park near Sycamore, Illinois, move out, a local non-profit, Fixin’ Feral Felines, is trying to save the approximately 150 feral cats who have been living on the premises. Finding homes for the cats and the displaced residents is causing some concerns. Evergreen

Tax Credit Extended for Energy Star rated Manufactured Homes Read More

Tax Credit Extended for Energy Star rated Manufactured Homes

By MHProNews / December 29, 2014 / Manufactured and Modular Housing News

The Indiana Manufactured Housing Association (IMHA) tells MHProNews that tax credits for ENERGY STAR ® rated Manufactured Homes has been extended through 2014. A few days ago, President Obama signed into law the Tax Increase Prevention Action, a.k.a. “Extender Bill,” retroactively extending the $1,000 per home tax credit for producers of ENERGY

Dec 28 2014

Sunday Morning Weekly Recap – Manufactured Housing News – for 12-21 to 12-27, 2014

By MHProNews / December 28, 2014 / Manufactured and Modular Housing News

Who says the holidays bring a slow down in news? We’ve seen two gestures of manufactured housing Christmas kindness hit the media this week, each featuring a home being given away. Nobility Homes kicked off our week with big news about their 2014 results. The 14th Anniversary of the Manufactured

Sunday Morning Weekly Recap – Manufactured Housing News – for 12-21 to 12-27, 2014 Read More

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Dec 27 2014

14 Years – Time to Revisit the Manufactured Housing Improvement Act of 2000?

By MHProNews / December 27, 2014 / Manufactured and Modular Housing News

14 years has gone by since Congress passed what is styled as, PUBLIC LAW 106–569—DEC. 27, 2000 114 STAT. 2997. Congress found that: ‘‘SEC. 602. FINDINGS AND PURPOSES. ‘‘(a) FINDINGS.—Congress finds that— ‘‘(1) manufactured housing plays a vital role in meeting the housing needs of the Nation; and ‘‘(2) manufactured

14 Years – Time to Revisit the Manufactured Housing Improvement Act of 2000? Read More

Dec 27 2014

U.S. Home Resales Hit Six-Month Low, Implications for MH?

By MHProNews / December 27, 2014 / Manufactured and Modular Housing News

Reuters tells MHProNews that “U.S. home resales declined to a six-month low in November after two straight months of strong increases, underscoring the uneven nature of the housing market recovery.” Their information comes from a National Association of Realtors (NAR) report revealing that “existing home sales dropped 6.1 percent to

U.S. Home Resales Hit Six-Month Low, Implications for MH? Read More

Most Manufactured Housing Stocks rise and broader markets inch up after Christmas Read More

Most Manufactured Housing Stocks rise and broader markets inch up after Christmas

By MHProNews / December 26, 2014 / Manufactured and Modular Housing News

The MHCV closed down slightly in today’s trading, however, most tracked MH Communities, Builders and Suppliers stocks rose. MarketWatch tells MHProNews that the last week of the year is often a weak one for the markets. Falling unemployment and fuel prices raised holiday sales, which sent the general markets up

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Encouraged by Recent Victory in Changing Dodd-Frank Ruling, Republicans Say ‘This Was Only The Appetizer’ Read More

Encouraged by Recent Victory in Changing Dodd-Frank Ruling, Republicans Say ‘This Was Only The Appetizer’

By MHProNews / December 26, 2014 / Manufactured and Modular Housing News

Elated over their success in slipping a change on Dodd-Frank rules concerning derivatives into a last-minute budget bill before Congress adjourned, Republicans feel that this may be the start of something bigger. Manufactured housing professionals, hoping to successfully modify Dodd-Frank, are watching these developments with keen interest. Representative Kevin Yoder

COO Jeff Fannon and Zeman Homes team give Christmas gift of manufactured home to homeless woman Read More

COO Jeff Fannon and Zeman Homes team give Christmas gift of manufactured home to homeless woman

By MHProNews / December 26, 2014 / Manufactured and Modular Housing News

A few days ago, a homeless woman in the Chicago area, came to believe that there really is a Santa Claus. Jeff Fannon, says WGN TV, is the CEO of Chicago-based Zeman Homes. But in fact the company confirmed that he is the COO of the operation. Dee Pizer is the