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.
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
Frontier Housing, a non-profit affordable housing steward in Morehead, Kentucky that offers factory-built homes as one of its options, is celebrating its 40th anniversary of providing housing solutions in northeastern Kentucky Nov. 15 at the Morehead Conference Center. Following entertainment and dinner, three awards will be announced: the Amanda Yarber
Affordable Housing Provider Celebrates 40 Years Read More
The 2by4 Architects design firm in the Netherlands has developed a series of three small modular houses, each a little larger than the previous one. The tiny mods have wooden walls, frame and roof. They include an electric heat pump system, as well as optional off-grid components such as a
Dutch Mini Homes start at $95,000 for Smallest Model Read More
According to 10news, San Diego County in California has approximately 2,000 homeless military veterans and many more who are low income. V Micro Communities President Bill Rigdon says he can build a 140 modular unit rental development in nine months, but permits through the city could take three years. Rigdon
Modular Homes on Deck for Homeless Vets? Read More
Following up on a story MHProNews last posted Sept. 26, 2014 regarding the acquisition of Skyline Corporation’s RV sector by EverGreen Recreational Vehicles, Skyline’s board of directors’ Special Committee has retained Western Reserve Partners LLC for financial advice and Ice Miller LLP of Indianapolis for legal advice to evaluate strategic
Skyline Hires Advisors for Financial and Legal Guidance Read More
The Federal Reserve has announced the end of its Quantitative Easing program to stimulate the economy after six years of buying up bonds, but says it will not likely raise interest rates until next year. Dan Greenhaus, chief strategist at market research firm BTIG in New York, says, “It’s in
Nobility Homes Rises, Carlyle Group Drops Read More
Luci Ellis, the Australian Reserve Bank’s head of financial stability, addressing a Sydney University urban planning forum, says housing crashes do not increase affordability. “Housing prices are lower, yes, but capacity to pay is also lower,” she notes. Professor Kirk McClure of the University of Kansas, while noting the U.
Australia Taking Lessons from U. S. Housing Crisis Read More
Instrumental in the formation of the Consumer Financial Protection Bureau (CFPB) and a strong proponent of financial reform, U. S. Senator Elizabeth Warren (D-Massachusetts), noting the rise in non-bank mortgage servicers, is asking the Government Accountability Office (GAO) to investigate the risks to consumers. A report by the Federal Housing
Senator Elizabeth Warren Raises Concerns over non-bank Mortgage Servicers Read More
Responding to New Zealand’s low housing productivity, especially in the wake of the earthquake in Feb. 2011 in Christchurch that destroyed thousands of homes, Dan Tremewan’s prefabricated homes are the first to be constructed with lightweight timber panels and cross-laminated solid wood from locally grown douglas fir and pine. As
New Zealand PreFab Homes Rising Down Under Read More
Commenting on The Atlantic‘s article about manufactured housing (MH), the CFPB and MH financing, Amy Bliss of the Wisconsin Housing Alliance, compliments the piece for citing facts such as: > energy efficiency, > less waste in the building process, > availability to middle-incomers, while acknowledging the difficulty in finding financing
The Atlantic’s article on Manufactured Housing Evoked Comments Read More
Several positive corporate returns, rising consumer confidence and lower gasoline prices contributed to stocks rising in today’s trading on the Big Board, as the Dow crossed over the 17,000 mark. Dow Jones Industrial Average 17,005.75 +187.81 (+1.12%). Nasdaq 4,564.29 +78.36 (+1.75%). S&P 500 1,985.05 +23.42 (+1.19%). The Yahoo! Finance Manufactured
Liberty Homes Drops, as Drew Industries Advances Read More
Seen lower prices at the pump lately? Saudi Arabia has enough petroleum reserves and funds to sustain itself for eight years with Brent crude at $83/bbl. – and they are now undercutting the competition to gain market share – to counter production increases in Canada and the U. S., businessincanada
Saudi Arabia Responding to Competition from North American Fracking Read More
Delaware District 37 Representative Ruth Briggs King, a Republican, is being challenged by Democrat Paulette Rappa, an educator and resident of a manufactured home community. MHProNews first covered King’s election of Nov. 2012 when she defeated another MHC resident, Beth McGinn. When asked about the problems facing MHC residents, Rep.
DE State Rep takes on Democrat MHC Resident Challenger Read More
Since the formation of the Consumer Financial Protection Bureau (CFPB) in 2011, which the financial services industry fought to prevent, Republicans in the House and in the Senate have said it is an intrusion of government into the market. If the Republicans take control of the Senate in the upcoming
If the GOP Takes the Senate, the CFPB may Take a Bath Read More
Following a story MHProNews last posted Aug. 18, 2014 regarding the conversion of an 83,000 square foot warehouse into a modular home manufacturing plant, the company, Renewable Jersey, LLC intends to hire 120 workers as part of the first phase, and received approval from the state’ finance board. Economic Development
New Factory Home Builder Closer to Production Read More
Stocks were mostly flat in today’s trading as the Dow and Nasdaq rose barely, and the S&P slipped slightly. Dow Jones Industrial Average 16,817.94 +12.53 (+0.07%). Nasdaq 4,485.93 +2.21 (+0.05%). S&P 500 1,961.63 -2.95 (-0.15%). The Yahoo! Finance Manufactured Housing Composite Value: 537.5 Today’s Change: -3.81%. As of 4 PM
Liberty Homes Plummets, Skyline Rebounds; Dow and Nasdaq Slip Slightly Read More
The bombing of England during the Second World War left hundreds of thousands of people homeless. Between 1944 and 1948, the government built 156,623 modular bungalows with indoor plumbing and kitchen appliances, somewhat uncommon in rural areas of the country, as MHProNews understands. The dwellings had two-bedrooms, a fold-down kitchen
Museum Celebrates 70 Year-old Modular Homes Read More
The Arkansas Manufactured Housing Association (AMHA) recognized leaders in the industry at its 43rd Annual Convention in Little Rock recently, MHProNews learned from AMHA Executive Director, J. D. Harper. Kevin Hawks of Hawks Enterprises was inducted into AMHA’s Hall of Fame, which is the highest honor bestowed upon any individual
State Manufactured Housing Association Reveals Honors Bestowed Read More
Under the current Sussex County (Delaware) code, manufactured homes (MH) are lumped together with hotels, motels and tourist homes, but a new proposal under consideration would consider them as dwellings, according to villagesoup. A public hearing on a proposed RV community and campground for Castaways at Massey’s Landing triggered the
Manufactured Homes not Dwellings in Sussex County Read More
