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.
Noting that manufactured housing can provide affordable housing to many low and moderate income families, especially in non-metro areas, several nonprofits are working to reverse the negative image of factory-made homes and their occupants by establishing programs to replace the dilapidated homes with new, high efficiency models. According to Matthew […]
Energy Efficient Manufactured Homes to Replace Dilapidated Units Read More
Manufactured housing community (MHC) owner UMH Properties, Inc. (UMH) will present to the Philadelphia Securities Association on Oct. 15, 2014 at the Union League of Philadelphia, according to marketwatch.com. UMH president and CEO Samuel A. Landy will deliver an overview of the company followed by a question and answer session.
UMH to Present in Philadelphia Oct. 15 Read More
Built decades ago by the Navy, Treasure Island Fire Station #48 in San Francisco was closed in March due to an infestation of black mold. Since then the eleven member crew, male and female, has worked out of a cinder block training center and are sleeping in a classroom, according
Modular Buildings will Temporarily house Fire Station Read More
Following a story MHProNews last posted Sept. 4, 2014 regarding the acquisition of Deer Valley Corporation (DVLY) by software developer Peerless Systems Corp. (NASDAQ:PRLS), streetinsider.com reports Peerless has consummated its agreement to purchase 80 percent of Deer Valley common stock for $3.7 million. Through its manufacturing plant in Guin, Alabama,
Peerless Homes Finalizes 80 Percent Acquisition of Deer Valley Homes Read More
The Lamar County Board of Supervisors in Mississippi accepted a “Petition for Action” from residents asking that an unzoned area be designated a residential estate district for single family detached dwellings and only one dwelling per lot, according to hattiesburgamerican.com. Placement of a manufactured or modular home on the property
Manufactured Homes to Require Conditional Use Permits in Mississippi Read More
While investors await word about the Federal Reserve’s policy on interest rates, after gaining 209 points Friday following the positive jobs report, the Dow Jones Industrial Average slipped -0.10 percent, -17.78 points, to land at 16,991.91, while the Nasdaq fell -0.47 percent, -20.82 points to close at 4,454.80. The S&P
Skyline Nudges up, Cavco Drops, MH Composite Slips Read More
Michigan H. B. 5513 would require a written explanation of the responsibilities of local jurisdictions over manufactured homes (MH) and manufactured housing communities (MHCs), seasonal and year round. The Department of Manufactured Housing needs to notify the local government of a technical bulletin if an MHC is open, or seeking
State races and federal ruling highlight latest Manufactured Housing Grass Roots Report Read More
Tinker Elementary school on MacDill Air Force Base in Tampa, Florida has 537 students, each of whom has at least one parent in the military, sometimes in a war zone, resulting in special challenges for the children who may be anxious about a parent. Add that children may be uprooted
Tampa Elementary adding three Class Years, Modular Classrooms Read More
Partnering with a modular building manufacturer, high school students in Vermillion, South Dakota are constructing a housing unit they say could be useful from the cold of the Arctic Circle to the heat of the Gulf Coast. A state grant, according to ksltv.com, will cover the building costs for the
High School Developing Modular Unit in South Dakota Read More
Modular units originally intended for a large student apartment complex in Waco, Texas will now comprise the first phase of the West Campus Lofts project near Baylor University, according to Warren Hayes of Hayes Modular Group, who has built modular commercial buildings, hotels and barracks around the nation. Built by
New Modular Apartment Complex will Blend with Historic Architecture Read More
Following a story MHProNews last covered April 7, 2014 regarding a three-unit modular housing development in Ridgefield, Conn., the state department of housing has granted Ridgefield, Connecticut a four year moratorium on applications under the state’s affordable housing plan, 8-30g. This program allows investors to ignore zoning requirements providing 30
Connecticut City gets Moratorium on Affordable Housing Construction Read More
While analysts expected the jobs report to indicate 215,000 new jobs had been created in Sept., following the tepid 142,000 in August, the government says 248,000 new jobs were realized in September, more in line with the previous six months (before August) of job growth above 200,000. In addition, according
New Job Growth, Falling Unemployment: Sufficient to Spur Homeownership Growth? Read More
The economy created 248,000 jobs in September and the unemployment rate fell to 5.9 percent, propelling all three major indexes to gain over one percent. The Dow Jones Industrial Average gained +1.24 percent, +208.64 points, to land at 17,009.69, while the Nasdaq advanced +1.03 percent, +45.42 points to close at
Liberty Homes Dips Sharply; Dow, Nasdaq and S&P all Gain over One Percent Read More
The Manufactured Housing Association for Regulatory Reform (MHARR) informs MHProNews statistics supplied by the Department of Housing and Urban Development (HUD) indicate production of HUD Code manufactured homes reached 5,955 in Aug., a 1.2 percent increase over the 5,886 manufactured n Aug. 2013. Cumulative totals for the year reveal production
HUD Code Homes Production Continues to Grow Read More
Following up on a story MHProNews posted Sept. 20, 2013 regarding damage to 560 manufactured homes (MH) in Vermont by Tropical Storm Irene in 2011, the Vermont Housing and Conservation Board (VHCB) is funding ten MH by the Vermont Energy Investment Corporation as part of the Manufactured Housing Innovation Project.
Energy Efficient Manufactured Homes Replace Storm Irene Damage Read More
Following a story MHProNews first posted Sept. 5, 2014 regarding a plan to site 166 modular homes on both sides of the South Alouette River in the Maple Ridge area of Vancouver, British Columbia, Canada, the proposal initially called for four times the density currently allowed by law, but the
Canadian Modular Housing Development may need Lower Population Density Read More
According to istockanalyst.com, Killam Properties Inc. (TSX:KMP) will be releasing its financial results for the third quarter ended Sept. 30, 2014 on Tuesday, Nov 4, 2014 after the close of the market. A conference call to discuss the results will be held the following day, Nov. 5, at 12:00 noon,
Killam to Release Q3 2014 Financials Read More
The California homeownership rate for Hispanics was 41.9 percent in 2013 versus 62.7 percent for non-Hispanic whites, according to U. S. Census records. The Hispanic rate in 2006 was 47.9 percent. A 2013 study by Harvard University’s Joint Center for Housing Studies, noting homeownership continues to be a significant source
California Home Prices Rising above Affordability for Hispanics Read More
Worried investors are returning to the shelter of gold as the three major indexes remained flat in today’s trading. The Dow Jones Industrial Average slipped -0.02 percent, -3.66 points, to land at 16,801.05, while the Nasdaq nudged up +8.01 points, +0.18 percent to close at 4,430.20. The S&P 500 gained
MH Composite Advances more than Dow, Nasdaq and S&P 500 Combined Read More
The Mortgage Bankers Association (MBA) reports for the week ending Sept. 26, mortgage applications slipped 0.2 percent on a seasonally adjusted basis from the previous week, while on an unadjusted basis the Market Composite Index (MCI) decreased 0.4 percent. The Refinance Index fell 0.3 percent from the week prior, while
Mortgage Applications Dip for week Ending Sept. 26 Read More
