Manufactured and Modular Housing News

Tiny Homes/Factory-built Housing could Replace the Blight Read More

Tiny Homes/Factory-built Housing could Replace the Blight

By Matthew Silver / October 15, 2014 / Advocacy, Business, Communities, Factory-Built Homes, Green, home buyers, Legal, Manufactured and Modular Housing News, Manufactured Homes, People, Trends

Following a story MHProNews posted Oct. 22, 2013 entitled Will Texans take to Tiny Homes, a recent story about small homes on BillMoyers.com, asked if respondents could live in a tiny home, drew a series of responses. Gordon Billingsley said he lived in a 920 square-foot passive solar home and

MH Composite and Most MH Producers Notch Gains while Dow Recovers from Plunge Read More

MH Composite and Most MH Producers Notch Gains while Dow Recovers from Plunge

By Matthew Silver / October 15, 2014 / Business, Manufactured and Modular Housing News, Stocks

The volatility continued on the Big Board today, as the Dow recovered from an initial drop of 460 points, while the MH Composite enjoyed its trip to the bank, gaining for a second consecutive day. Most MH producers and component suppliers gained, like Cavco Industries, which advanced 5.50 percent, and

Rural Home Purchase Loans Still over 50 Percent Below Pre-Recession Read More

Rural Home Purchase Loans Still over 50 Percent Below Pre-Recession

By Matthew Silver / October 15, 2014 / Business, Economy, Finance, home buyers, Legal, Manufactured and Modular Housing News, Manufactured Homes, Trends

While refinance lending in rural and small town communities fell by 23 percent in 2013 compared to 2012, purchase lending in the same areas rose 2.3 percent for the similar period, after hitting a ten-year low in 2011, according to what daily.yonder tells MHProNews. Just as rising interest rates and tighter

NAHB’s David Crowe asserts tight credit harming new housing sales Read More

NAHB’s David Crowe asserts tight credit harming new housing sales

By MHProNews / October 15, 2014 / Manufactured and Modular Housing News

A recent survey by the National Association of Home Builders (NAHB) indicates that mortgage lending standards are so tight, it remains challenging for potential buyers to invest in new homes and real estate. After years of struggle due to the 2008 financial crisis, “housing has seen some positive growth throughout the

Sean M. Healey, Chairman Affiliated Managers Group, glows on Buy rating Read More

Sean M. Healey, Chairman Affiliated Managers Group, glows on Buy rating

By MHProNews / October 14, 2014 / Manufactured and Modular Housing News

Affiliated Managers Group (AMG) shares rating remains a “buy” after being reviewed by Bank of America on Tuesday Oct. 14. At the opening of the stock exchange session, the group’s shares were selling for $185.36. As WKRB informs MHProNews, AMG is staying below their price objective fixed at $230 a

Market Correction Continues; Manufactured Housing Composite up Read More

Market Correction Continues; Manufactured Housing Composite up

By MHProNews / October 14, 2014 / Manufactured and Modular Housing News

Fears of jittery investors, says CNN Money to MHProNews, continues to drive a decline in stocks. The Dow’s slide slowed and Manufactured Housing fared better than the Dow overall. Dow 16,315.19 -5.88 (-0.04%). Nasdaq 4,227.17 +13.51 (+0.32%). S&P 500 1,877.70 +2.96 (+0.16%). The Yahoo! Finance Manufactured Housing Composite Value: 537.8.

Danny Ghorbani warns of consqequences for Manufactured Home consumers from increased regulatory burdens Read More

Danny Ghorbani warns of consqequences for Manufactured Home consumers from increased regulatory burdens

By MHProNews / October 14, 2014 / Manufactured and Modular Housing News

The national trade group, Manufactured Housing Association for Regulatory Reform (MHARR), says in a Journal OpEd by their CEO emailed on October 14th of the potential risks related to government actions to expand laws currently regulating HUD Code factory-built home industry. Efforts to implement further regulations on Manufactured Homes (MH)

Analysts and Observers debate performance of SUN Communities Read More

Analysts and Observers debate performance of SUN Communities

By MHProNews / October 14, 2014 / Manufactured and Modular Housing News

Sun Communities saw their shares downgraded to a “market perform” in a ratings reports Friday Oct. 10. That same day the company’s trading ended at $51.44 a share. These recent numbers are not about bad performance for the Sun Communities, but rather what the Watch List News informs MHProNews that

Hayek and The Fatal Conceit Revisited by Wall Street Journal Read More

Hayek and The Fatal Conceit Revisited by Wall Street Journal

By MHProNews / October 14, 2014 / Manufactured and Modular Housing News

The Wall Street Journal (WSJ) suggests that recent government policies are harming American citizens, and point to the words of 1974 Economic Nobel Prize winner, Friedrich A. Hayek. Hayek accepted the honor while warning the world that policy-making should be reserved for topic experts. “The curious task of economics,” Hayek famously

EBRI points to Manufactured Housing Opportunities, Challenges too Read More

EBRI points to Manufactured Housing Opportunities, Challenges too

By MHProNews / October 14, 2014 / Manufactured and Modular Housing News

Contrary to common beliefs, older people may struggle as much as college students and young graduates to deal with rising housing costs; so says a recent survey by the Employment Benefit Research Institute. Insurance News Net (INN) tells MHProNews “home-related expenses, including rent or mortgages, insurance, utilities, furnishings and home

CBS News’ Ilyce Glink gives Manufactured Housing vs. old houses the gift of Comparison Read More

CBS News’ Ilyce Glink gives Manufactured Housing vs. old houses the gift of Comparison

By MHProNews / October 13, 2014 / Manufactured and Modular Housing News

Award-winning, nationally syndicated columnist, Ilyce R. Glink, writing for CBS News, provided home buyers in general – and manufactured housing shoppers and professionals in specific – with a gift. Glink tells MHProNews that finding affordable living options is difficult, but doable. Glink advised buyers not to “run away when you

Stocks Slide Continues on Ebola, global economic concerns Read More

Stocks Slide Continues on Ebola, global economic concerns

By MHProNews / October 13, 2014 / Manufactured and Modular Housing News

CNN Money touts that “China loves Capitalism,” even as the U.S. economic policy seems to be moving ever more towards socialism. CNBC tells MHProNews that this is the third decline in U.S. stocks, with Ebola and global economic fears named among the drivers for investors. Dow 16,321.07 -223.03 -1.35%. Nasdaq

Non-Profit Mammoth Receives $1 Million Grant Read More

Non-Profit Mammoth Receives $1 Million Grant

By MHProNews / October 13, 2014 / Manufactured and Modular Housing News

Mammoth Lakes Housing (MLH) has just received a grant from the California Department of Housing to assist with mortgage and the rehabilitation of manufactured housing. The private non-for-profit proudly announced the news and plans to use the $1 million for the purchage and the rehabilitation of pre-HUD Code mobile homes as

Historic Manufactured Housing producer Skyline Corporation Making Moves Read More

Historic Manufactured Housing producer Skyline Corporation Making Moves

By MHProNews / October 13, 2014 / Manufactured and Modular Housing News

Manufactured housing’s historic producer, Skyline Corporation, closed a deal made with Evergreen Recreational Vehicles, LLC on Oct. 7. The Real Property Purchase Agreement transferred Skyline’s RV business segment at an approximate cash price of $981,000. The sale executed a few days ago includes the RV manufacturing facility located in Bristol, Indiana.