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.
MarketWatch tells MHProNews that sales pace of new single-family homes fell to a four-month low in July, missing analysts’ estimates. The Dow closed up, the S&P 500 hit an all time high of 2000 before retreating. DOW 17,079.98 +78.76 +0.46%. NASDAQ 4,557.35 +18.80 +0.41%. S&P 500 1,998.28 +9.88 +0.49%. The […]
Sales of SF New Homes hit 4 month low, Manufactured Housing Composite edges up Read More
Evictions of problematic residents and the removal of dilapidated homes are among the valued improvements the Churchill Group of Carbondale, Colorado have made at the Regency East and West manufactured home communities (MHCs) in Willmar, MN. “We’ve gotten rid of a lot of the (problematic) people that the former manager
WCTrib Says Improvements Appreciated by Manufactured Home Community Residents Read More
The National Association of Home Builders (NAHB) released a study, cited by MHARR, that points to the fact that every $1,000 in price increase on a home decreases the number of potential home buyers by some 200,000 nationally. The study opens with the statement, “One of the often overlooked impacts
NAHB and MHARR agree, even $1000 price increase Reduces potential Home Buyers Read More
The north bay area, near Napa, CA was rocked Sunday August 24 by a 6.0 magnitude earth quake, followed by over 50 aftershocks. NBC Bay Area TV’s Vicky Nguyen tells MHProNews that some 33 buildings were red tagged by inspectors in Napa, while newer and more earth quake resistant city
$1,000,000,000+ Property Damage in North Bay Earthquake, most Manufactured Homes Survive Read More
Joe Kelly at the Iowa Manufactured Housing Association and the Press-Citizen tell MHProNews about the death of longtime Iowa City resident, Robert H. “Bob” Wolf, at 75. Wolf died Monday, August 18, 2014 at the Mercy Hospice. The son of Herman and Ilene Wolf, Robert H. Wolf was born September
Robert “Bob” Wolf passes, R.I.P. Read More
David Tonna, President of the Silicon Valley Association of Realtors (SILVAR), is on a mission to educate today’s home buyers, MercuryNews tells MHProNews. Some 90% of all home buyers begin their home shopping online. Most search for a property for 6 months before they contact a real estate agent. But
SILVAR President Tonna says Internet, Education key for Today’s Home Buyers Read More
Analyzing data released by the U.S. Census Bureau and the Department of Housing and Urban Development (HUD), total U.S. housing starts in July advanced at the rate Seasonally Adjusted Annual Rate (SAAR) of 1.093 million units. ReedConstructionData noted to MHProNews that this is the second highest level since November 2007
Big Houses Soar, MH Snore? Read More
U.S. stocks slipped amid Ukraine-Russian woes. Marketwatch tells MHProNews that investors shrugged over a “balanced speech” by Federal Reserve Chairwoman, Janet Yellen. The S&P 500 SPX, -0.01% slipped by 1 point, or less than 0.1%, to 1,991, while the Dow Jones Industrial Average DJIA, -0.04% shed 10 points, also less
Yellen Didn’t Help Markets; Yahoo Manufactured Housing Composite Value Rises, Dow Slips Read More
Mark Brunner at the Manufactured and Modular Housing Association of Minnesota (MMHAMN) tells MHProNews that the All Parks Alliance for Change (APAC) is lobbying Congress to oppose The Preserving Access to Manufactured Housing Act (HR 1779). Brunner says APAC has sent out the following call-to-action statement to their members. “House
Clearwater (FL) Housing Authority will begin repairs on two single family houses and a building that will be used for multi-family housing use, that should be ready next year for low-income households. Jacqueline Rivera, the housing authority’s CEO, and Deborah Woodard, chairwoman of the housing authority board, said clean up
Residential Eyesores to be Renovated with Federal/Local Tax Dollars for Affordable Housing Read More
“We obviously … have to have more affordable housing,” Nikki Brennan, executive director of the Georgetown Housing Authority, said. “I think [the need is] pretty much all over Williamson County [WilCo]” ImpactNews tells MHProNews that WilCo has some 500 people on the public housing waiting list, and more than 600
Affordable Housing Irony – hundreds on WilCo waiting list – near MH Production Centers Read More
Residents of Syringa Mobile Home Park near Moscow-Pullman, Idaho have been in a struggle that bubbled up over their need for drinkable water and other issues. This began last winter, and resident Doris Carlson told KREM News that “I have wept an awful lot because I am tired of living
“From Moscow, with Love?” Lawsuit advances against Manufactured Home Community Owner Read More
Amy Tierce, writing in the NationalMortgageNews, tells MHProNews that the CFPB’s website gives an answer to the question, What’s the Difference between being pre-qualified and pre-approved for a mortgage? but that the CFPB’s answer is not, Tierce says, “the full story.” Some lenders have decided, she says, to “not issue pre-approval letters due
CFPB: What’s the difference between being pre-qualified and pre-approved for a loan? Read More
A steel and glass-structured modular home with non-combustible fiber cement floor panels is designed to resist bushfires in the Australian outback, as well as to collect rainwater to use in the event of a fire. The modular Supashak is made to be transportable across Australia and adaptable to a variety
Australian Modular Home Built to Resist Bushfires Read More
Stocks were climbing in today’s trading, as the S&P 500 hit an all-time high at 1,992.37 and the Dow closed above 17,000 for the first time since July 24, as CNNMoney informs MHProNews. The Dow Jones Industrial Average gained +60.36 points, +0.36 percent, to end the day at 17,039.49, while
Skyline Advances; S&P 500 Hits New High Read More
Although existing home sales rose 2.4 percent from last month to a seasonally-adjusted annual rate of 5.15 million in July, the highest rate of 2014, they are down 4.3 percent from last year, according to housingwire.com. Last July’s 5.38 million unit level, the highest for 2013, includes single-family homes, condos,
Existing-home Sales Show Modest Gains Read More
Tiny houses may soon fill four micro communities to house the homeless and low-income residents in Portland, Oregon, according to oregonlive.com. The 192 square-foot products of TECHDWELL, which are made partly of recycled materials and cost around $12,000 to build, would be sited on public land in pods of 25
100 Tiny Homes Set for Portland, Oregon Read More
A new manufactured housing community (MHC) is being developed in Courtland Township in western Michigan on the site of a former MHC, and the 55 and older community may eventually include up to 700 two and three-bedroom homes. The Oaks of Rockford will begin with 150 homesites at $375 a
New 55 & Older MHC Opening in Michigan Read More
A post on mortgagegrapevine.com reports someone attempting to buy a manufactured home in a community in Southern California is seeking a lender. The borrower is asking for $269,500, has full documentation, a FICO score of 569, and the loan-to-value ratio is 70 percent. MHProNews offers excerpts from two of the
Prospective Manufactured Home Buyer Seeks Lender Read More
The IDEAS Investor Conference to be held Tue., Aug. 26 in Chicago will feature Encore Wire Corporation’s (NASDAQ:WIRE) Chief Financial Officer Frank J. Bilban presenting his company’s investment merits to an audience of investment professionals who combined have over $200 billion of assets under management. IDEAS Conferences, which are also
Manufactured Home Wire Supplier Presenting at Investor Conference Read More
