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.
Neighbors are frustrated on Flint, Michigan’s east side who say that enough isn’t being done to correct the blight left behind by the now condemned American Estates Mobile Home Park, NBC 25 tells MHProNews. The American Estate Mobile Home Park is near the intersection of Leith and Dort Highway. […]
Condemned, Land Lease Community Looks like “Tornado hit it” Read More
ROC USA® President Paul Bradley was recently honored with the National Association of Housing Cooperatives’ (NAHC) Jerry Voorhis Award. The Voorhis is a lifetime achievement award that recognizes significant leadership in both theory and practice. Jerry Voorhis was a five-term U.S. Congressman from California who lead the National Cooperative Business Association,
Norway is the #1 nation on earth in the Legatum Institute’s 2014 Prosperity Index of the world, the Local tells MHProNews. 142 nations were ranked. The list uses the following eight variables to measure a country’s prosperity performance. Economy Entrepreneurship Governance Education Personal freedom Health Security Social capital Canada ranked
Norway is #1 in Prosperity Index Read More
Decision Day 2014 has arrived, and the mid-term election results are predicted by the left-leaning New York Times to bring a 70% chance of a Republican take over of the U.S. Senate. CNN puts those odds at 95%, the Washington Post at 97%. Early voting patterns and a wide range
As D-Day approaches, 70%-97% odds predicted for Senate in mid-term elections Read More
China’s overbuilt ‘ghost cities,’ Sprint announcing layoffs are among the factors tamping down the markets, but manufactured housing stocks often managed to gain in trading today. Dow 17,366.24 -24.28 -0.14%. Nasdaq 4,638.91 +8.17 +0.18%. S&P 500 2,017.81 -0.24 -0.01%. The Yahoo! Finance Manufactured Housing Composite Value: 570.00. Today’s Change: +1.50% As of
Dow Slips, but Manufactured Housing slides higher Read More
The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews that official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD) reflect manufactured housing industry production growth continued during September 2014. Just-released statistics indicate that HUD Code manufacturers produced 5,862 homes in September 2014, a
Manufactured home production growth continues in September 2014 report Read More
Sydney, Australia’s TEKTUM Ltd. has installed a HOUSE 2.0 on the side of a hill previously thought to be undevelopable because of its location. The drop from the front of the house to the rear is 25 feet. The tailor-made modular home was basically folded up and placed in a
Modular Australian Home Ships via Container Read More
The Department of Energy is considering new efficiency rules, download linked here, for residential non-weatherized gas furnaces and “mobile home” gas furnaces. The Energy Department’s Office of Energy Efficiency and Renewable Energy announced Wednesday it will hold a public meetings to discuss the proposed rules. This comes after a federal
New Rules for Gas Furnaces from Department of Energy Read More
Patrick Industries, Inc. (NASDAQ: PATK), a major manufacturer and distributor of building and component products for the recreational vehicle (“RV”), manufactured housing (“MH”) and industrial markets, reported its financial results for the third quarter and the nine months which ended September 28, 2014. CNN Money tells MHProNews that net sales
Patrick posts good Q3 financial results Read More
Financial regulators released the final Qualified Residential Mortgage rule (QRM) definition, intended to limit the risky credit lending that kicked off the housing crisis originally, and dropped the 20 percent down payment requirement that would have necessitated lenders keep five percent “skin-in-the-game.” Instead lenders have to meet the general definition
Final Qualified Residential Mortgage Rule Set Read More
After residents of a West Spokane, Washington manufactured home community (MHC) complained of dangerous conditions, the city said exposed wires presented a fire hazard and the community needs to be brought up to code, according to krem. “It’s the property owner’s responsibility to make sure that he’s providing for conditions
Manufactured Home Community Needs to be Brought up to Code Read More
The stock market ended the week and October, 2014 on a high—the Dow Jones Industrial Average and the S&P 500 closed at records highs, the Nasdaq hit the highest point since 2000. Dow Jones Industrial Average 17,390.52 +195.10 (+1.13%). Nasdaq 4,630.74 +64.60 (+1.41%). S&P 500 2,018.05 +23.40 (+1.17%). The Yahoo!
Patrick Ind., Sun Gains; Dow, S&P Set New Highs Read More
Homegoods retailer Muji in Japan has entered the modular housing business, according to gizmodo.com.au, adding modular homes to its line of 7,500 housewares. Japanese homes last on average 38 years (100 years in U. S.) because people there prefer to tear down existing buildings and build to their own specs.
Japanese Retailer Muji adds Modular Homes to Homegoods Read More
The 2014 Active Transportation Plan (ATP) of Calistoga, California originally included a pedestrian and bicycle pathway that wound around the Calistoga Springs and Chateau Calistoga manufactured housing communities (MHCs), but residents of the communities are overwhelmingly against the path. Seniors in the communities have safety and privacy concerns, leading the
Manufactured Home Community Residents turn back Adjacent Path Plan Read More
When the temperatures drop in wintertime, owners of Manufactured Homes reap a great benefit, lower heating bills. One of the top trends driving today’s housing market is the demand for energy-efficient homes that don’t sacrifice comfort for quality. Here’s what is trending for 2015 and beyond. “Because of the way
Manufactured Homes Soar in Energy Efficiency, says University of Michigan Read More
The Del Oro Water Co., which serves the Quail Trails Village Mobile Home Park in Paradise, California, in responding to resident’s complaints about the foul-smelling water, says that because of the water shortage, more chemicals are needed to treat the existing water. But the company adds that it is bacteria
Drought Affecting Water Quality in California Read More
Oil selling on the world market for $83 a barrel is bad news for Iran, Nigeria, Russia, Venezuela and Saudi Arabia, who all depend on oil selling above a certain level. Iran’s budget, reports CNNMoney, is based on oil at $135 a barrel, while the Saudis can withstand oil at
Liberty Homes Keeps Falling, losing -20 percent today Read More
Derek Tansell and his partner Sharon Snook were denied the right to site a manufactured home in a rural area of Chapmansdale Parish, England, in order for someone to live on the premises and take care of the couple’s alpacas, ponies, chickens, horses and ducks. According to fromestandard, the couple
Application for Manufactured Home to Tend Animals Questioned Read More
With the mid-term elections just a halfway point to the 2016 Presidential Election, the topic of donations to candidates once again has us in disbelief in the obvious padding of campaign war chests from Goliath donors. Foster’s Daily Democrat are among those telling MHProNews that it’s no secret that poorly funded
Accessing Washington’s Political Power Brokers? Open your Vault. Read More
The 13- to 17-year-olds of “Generation Z” believe homeownership is more important than graduating from college, getting married or having children. Inman reports to MHProNews that teens in the survey indicated that they’d give up perks like video games, eating out, social media or music downloads if it meant affording any house they
