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.
While the Bon Ayre manufactured home community in Smyrna, Delaware advertised residents were not liable to pay real estate taxes, the community sent out invoices December 2013 billing them for taxes from 2006, up to $291 each, MHProNews.com has learned. After receiving complaints from residents, the attorney general’s Consumer Protection […]
Manufactured Home Community Ordered to Make Restitution Read More
According to marketwatch.com, Cavco Industries, Inc. will release its financials for Q4 of its fiscal year 2014 on Thurs., May 22 after the close of the market. Discussion of the results by senior management will take place in a live webcast the next day, Fri., May 23 at 12:00 PM
Cavco to Release Fourth Quarter Financials Read More
Duck Dynasty star of the Arts & Entertainment (A&E) hit reality show, Willie Robertson, will become the voice of Clayton Homes, as MHProNews has learned. Part of the company’s “Enjoy Life” campaign, CEO Kevin Clayton says, “Our company has a tradition of hard work and homegrown values. Willie Robertson is
Willie Robertson: Duck Call Star will be Voice of Clayton Homes Read More
Consumer sentiment fell in May, but a strong April housing start report buoyed what has been a volatile week on the stock market, putting a positive spin on the week’s end. CNNMoney tells MHProNews.com the Dow Jones Industrial Average moved up 44.5 points, +0.27 percent, to end the week at
Sun Communities, Dow, Nasdaq and S&P all Edge up Read More
The jump in multifamily housing starts for April of 39.6 percent is the fastest pace for this housing sector since Jan. 2006, and helped propel total housing starts to 1.07 million units, a 13.2 percent increase over March, according to figures released by the Department of Housing and Urban Development
Housing Starts Post Highest Pace in 8 years Read More
Regarding Freddie Mac’s decision to begin purchasing and securitizing manufactured housing community (MHC) loans as MHProNews.com posted here May 1, 2014, costar.com reports these will be commercial loans made to the community owners. David Brickman, Freddie Mac Multifamily executive vice president, said, “Manufactured housing communities are an affordable housing option
Freddie Mac to Work with Experienced MHC Lenders Read More
Following a story MHProNews.com posted May 6, 2014 regarding a proposal to replace pre- HUD-Code homes in Bluffton, South Carolina with new affordable modular models, islandpacket.com supports the project but with reservations. Noting the city got in over its financial head with a $1.2 million previous plan that replaced dilapidated
Bluffton, SC on Track with New Modular Homes Read More
The Texas Manufactured Housing Association (TMHA) informs MHProNews.com that new and used manufactured home title changes rose +21.57 percent Feb. over Jan. this year, increased +1.19 percent over Feb. 2013, and the year-to-date percentage change from the same time last year rose +0.31 percent. For new titles the change from
Texas Manufactured Housing Title Changes Reported for January to February Read More
A veteran of the manufactured housing industry for over 40 years, Gary Abbate has passed away, according to Ken Anderson of the Arizona Housing Association (AHA). After joining the Redman Homes sales team in 1970 in Texas, he served as sales manager for Redman first in Florida from 1987-1996, and
Passages: Gary Abbate Read More
Kevin Kelly, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Wilmington, Del., today issued the following statement following the Senate Banking Committee’s passage of the Housing Finance Reform and Taxpayer Protection Act, legislation sponsored by Chairman Tim Johnson (D-S.D.) and Ranking Member
Chairman of National Association of Home Builders Comments on Senate Measure Read More
Calling it “the bears coming out from hibernation,” CNNMoney tells MHProNews.com days after hitting new highs, the Dow Jones Industrial Average dropped -167.16 points, -1.01 percent, to close at 16,446.81, while tech-heavy Nasdaq lost -31.34 points, -0.76 percent, to end the day at 4,069.29. The S&P dropped -17.68 points, -0.94
Deer Valley Plummets, Sun Rises just above Horizon; Dow Loses a Percent Read More
Governor Deval Patrick took up a shovel to participate in a groundbreaking ceremony for a housing project in Chelsea, Massachusetts, at 44 Gerrish Ave. that will include a new modular unit along with the rehabilitation of the Standard Box building for 41 market rate apartments and five affordable rentals, already
Modular Building part of Massachusetts Affordable Housing Program Read More
A boil water advisory was issued by Capital Region Water, Tue., May 13, for a portion of Susquehanna Township that includes the Progress Ridge Manufactured Housing Community in Harrisburg, Pennsylvania. A contractor struck a water line, according to pennlive.com. Thurs., May 15 MHProNews.com learned the ban has been lifted after
Boil Water Advisory Lifted in Manufactured Housing Community Read More
An industry leader and pioneering producer of manufactured homes since 1965, James L. Newman, Sr. of Bryan, Ohio passed away after a brief illness May 13 at age 75. He founded Manufactured Housing Enterprises (now MHE,Inc.) in 1965 with the motto of ‘Building Dreams One Home At A Time’ and
Passages: James L. Newman, Sr. Read More
According to azcentral.com, the Chandler (Arizona) Planning and Zoning Commission has approved a modular building to be used at Chandler Municipal Airport by Quantum Helicopters. MHProNews was unable to immediately determine the size of the structure or the provider. ## (Photo credit: Ron Medvescek/arizonadailystar.com–modular containers)
Modular Unit to be Installed at Arizona Airport Read More
The Walterboro City Council in southern South Carolina had to amend a zoning ordinance in order to construct a modular detention facility where a portion of the old jail complex once stood. According to colletontoday.com, the zoning regulations in the Unified Development Ordinance allow a correctional facility to be built
Modular Correctional Facility to Proceed Read More
Stocks of Sears, Whirlpool and Fossil (known for watches and jewelry) fell in today’s trading as the three major indexes all posted a loss, with the Dow Jones Industrial Average falling -101.47 points, -0.61 percent, to close at 16,613.97, while tech-heavy Nasdaq lost -29.54 points, -0.72 percent, to end the
ELS Edges Up; LPX, Cavco, Drew, Patrick and UFPI Fall over 3 Percent Read More
Following a story MHProNews.com last posted Sept. 5, 2013 regarding a rejected proposal to use modular jail cells in Dutchess County, New York instead of paying other counties to house the overflow of prisoners, the state legislature voted $6.49 million to purchase and install modular “pods” as a temporary fix
Poughkeepsie, New York will Install Modular Jail Cells Read More
The founder of Republic Mobile Homes in Texas in the late 1960’s, Ralph Nattrass passed away at age 88 in Edmonton, Alberta, Canada April 30. An owner of communities, subdivisions and part owner of Republic-Henslee Manufacturing, he teamed with Frank and Marina Woody to start the current Republic group in
Passages: Ralph Nattrass Read More
The Board of Trustees of Garden City Community College in Garden City, Kansas voted unanimously to install nine modular student housing units on property adjacent to campus to accommodate incoming students, according to gctelegram.com. Eight of the modular units will each house eight students, and the ninth will be for
Board Approves Modular Housing for Students Read More
