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 Boston is undergoing a surge of residential construction, the majority are luxury rentals that go for $3,500 or more per month, according to bostonglobe.com. While only 22 percent of the 6,600 rental and ownership units across the city under construction are affordable to households earning between $50,000 and $100,000, […]
Affordable Modular Housing may Rise in Downtown Boston Read More
Investors roared back from their holiday weekend in a good mood as the S&P set a new record, closing at 1,911.91, up +11.38 points, +0.60 percent, while the Dow Jones Industrial Average landed at 16,675.50, +69.23 points, +0.42 percent, as it approached its record 16,715.4. CNNMoney informs MHProNews the Nasdaq
S&P Sets New High; Louisiana Pacific Edges up the Most Read More
Plans are afoot in Thief River Falls, Minnesota to convert a seven-acre plot into 29 single-family modular homes, providing the city can find a developer. In order to qualify for a Minnesota Housing Finance Agency grant, the city has to have an option to buy a specific property, and would
29 Affordable Modular Homes on the Horizon in Minnesota Read More
A proposed 100-homesite manufactured housing community in Australia is running into stiff opposition from the surrounding community, with over 100 complaint letters received about increased traffic, pedestrian safety, flooding problems and social impacts, according to newcastlestar.com.au. Dismissing resident concerns that it would look like a “tin hut community,” David Hughes,
Neighbors Object to Proposed Manufactured Home Community Down Under Read More
CoreLogic Case-Shiller informs MHProNews single-family homes prices rose in every Chicago-area zip code last year for the first time since 2006, led by the Mount Greenwood neighborhood–60655–on the South Side at 16.5 percent, followed by Morgan Park–60643– with 15.9 percent. At the other end of the spectrum Joliet–60432– notched the
Single-family Home Prices Rise in Chicago Read More
Calling it the “best kept secret in America,” Sheri Koones understands the precision that goes into the manufacture of every factory-built home and especially appreciates the sustainability of its energy-saving features. The author of five books on prefabricated housing, she delineates between the pre-HUD Code homes and the manufactured and
Board for Board, Factory-Built Housing Shines Read More
At its annual stockholders meeting Thursday, May 22, 2014, Patrick Industries, Inc. of Elkhart, Indiana said in a filing with the U. S. Securities and Exchange Commission (SEC) the following were named to the board of directors: Terrence D. Brennan, Joseph M. Cerulli, Todd M. Cleveland, John A. Forbes, Paul
Patrick Industries Files Shareholder Selections with SEC Read More
According to pacificnewscenter.com, included in Guam’s Gov. Eddie Calvo’s 2014 State of the Island address is construction of transitional housing to accommodate up to 15 homeless households composed of adults only. With funding from the public health department, the Guam Housing Corporation (GHC) is leading the effort to find appropriate
Modular Housing on Tap for Homeless in Guam Read More
MHProNews.com has learned Black Diamond Group Limited of Calgary, Alberta, Canada has inked a 1,244 person workforce camp contract for the Montney Shale region of northeastern British Columbia, expecting to generate $34 million over the three year term of the agreement. The first 622 beds will be installed during the
Black Diamond Contracts for Modular Workforce Housing in Northern British Columbia Read More
Bean Station, Tennessee-based Norris Homes, a division of manufactured and modular housing industry giant Clayton Homes, recently named Atlantis Homes LLC of Delmar, Delaware as its Independent Retailer of the Year for 2013. Based in Smyrna, DE, Atlantis is family-owned and operated since 2001, and also has model home centers
Atlantis Homes: Factory-built Housing Dealer of the Year Read More
The stock markets are closed today in honor of Memorial Day. (Photo credit: Wikipedia.org/New York Stock Exchange)
U. S. Stock Markets Closed Today Read More
While the Tea Party can trace its origins to anger over the Wall Street bailouts in 2008, the sharp edge for that movement of the Republican Party to the right has been dulled at the polls recently, much to the relief of the banking industry, which sees the shift as
The Hill-Bankers Sigh-but it’s not the “Iced Tea Party” Read More
According to a filing with the U. S. Securities and Exchange Commission (SEC), at the stockholders meeting of Drew Industries, Inc. held May 22, 2014, the following were chosen as the board of directors: Edward W. Rose, lll, Leigh J. Abrams, James F. Gero, Frederick B. Hegi, Jr., David A.
Drew Stockholders Approve Initiatives Read More
In remembrance of those who died while serving in the United States military, the headstones at Arlington National Cemetery are each decorated with a U. S. flag. MHProNews honors those who gave their lives to preserve and protect our nation on this Memorial Day. (Photo credit: Wikipedia.org)–Arlington National Cemetery, Arlington,
New York State Senator Ken LaValle (R-Port Jefferson) is drafting new legislation so owners of manufactured homes in communities would have some protection from “unjustifiable rent increases,” according to timesreview.com. Legislation aimed at protecting owners of manufactured homes has passed seven of the last eight years in the Democrat-controlled assembly,
Legislation Would Allow MHC Residents to Challenge Rent Increases Read More
The S&P hit a new high, 1900.53, +0.42 percent, +8.04 points as stocks rose modestly to begin the Memorial Day holiday. The Dow Jones Industrial Average moved up +0.38 percent, +63.19 points, to close at 16,606.27, while the Nasdaq gained +0.76 percent, +31.47 points, to end the week at 4,185.81.
Cavco Gains Most Two Days Running; S&P Hits New High Read More
President Barack Obama is moving Secretary of Housing and Urban Development (HUD) Shaun Donavan to be the Budget Director, and will nominate San Antonio Mayor Julian Castro to replace him. Now in his third term as mayor, Castro has focused on revitalizing the city’s urban core through a series of
Mayor Julian Castro to Lead the Department of Housing and Urban Development Read More
Thomas Brown, writing on bankstocks.com, reports the Consumer Financial Protection Bureau (CFPB) has jettisoned its personnel review board because on a 1-5 scale whites outscored Latinos who outscored blacks, so it will solve the inequality by paying everyone as a five. As Brown says, “This is no way to run
Did the CFPB Fail its Own “Disparate Impact” Test? Read More
The topic at the Camarillo (Calif.) City Council turned to rent control as requested by residents of the Lamplighter Mobile Home Park because of their grievances against the owner, Irvine-based Investment Property Group (IPG). Members of the 227 homesite community say the swimming pool area is not kept up and
City Refuses Request to Adopt Rent Control in MHCs Read More
The U S. Department of Housing and Urban Development (HUD) has awarded $40 million in grants to hundreds of housing counseling agencies across the country to assist low and moderate-income families improve their housing conditions. According to housingwire.com, HUD expects the grants to help 1.5 million families make informed decisions
HUD Grant Will Provide Housing Counseling Read More
