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.
In January 2014, interim managers at Lexington, Washington’s Tim Wa Estates manufactured home community (MHC) banned a group of residents, called Helping Hands, from assisting elderly and ailing neighbors with household chores and minor repairs, citing the community’s anti-soliciting rules. MHProNews.com has learned from tdn.com in April, managers began requiring […]
Managers Removed from Tim Wa Estates MHC in Washington Read More
Homark Homes of Red Lake Falls, Minnesota is investing $6 million to expand its construction of modular and manufactured homes to include multifamily modular housing. The Minnesota Department of Employment and Economic Development will assist with the expansion of the facility to the tune of $456,000, providing Homark creates at
Homark Homes Expanding to Include Multifamily Modulars Read More
Seattle, Washington businessman Walter Tarr is building a five-unit modular apartment complex near the University of Texas in Austin, his alma mater. As bizjournals.com informs MHProNews.com, each 1,300 square-foot unit will have three bedrooms and a den, with average rent of $3,000 monthly, built by Palomar Modular of DeSoto, Texas.
Modular Apartment Complex Rising in Texas Read More
A proposal before the Affordable Housing Committee in Bluffton, South Carolina would replace 24 pre-HUD Code homes with new modular homes, ranging from a one-bedroom, 600 square foot home to a four bedroom model with 2,000 square feet. According to islandpacket.com, prospective owners could make no more than 120 percent
Modular Homes may Replace pre-HUD Code Models Read More
The three major indexes all took a tumble today, the Dow Jones Industrial Average falling well over 100 points. CNNMoney tells MHProNews the Dow dropped -129.53 points, -0.78 percent, to finish the day at 16,401.02, while the Nasdaq fell -57.3 points, -1.38 percent, to end the day at 4,080.76. The
Skyline Corp. Advances, Cavco Drops, Nasdaq Loses 1.38% Read More
The Elkhart-Goshen, Indiana metro area ranks number two out of 240 for job growth in small-sized cities–those defined as having under 150,000 jobs—and ranks fourth of all 398 cities of all sizes surveyed. Bismarck, North Dakota topped both of the lists, according to rvbusiness.com. Ranking above Elkhart in the “all
Patrick and Drew’s Hometown Experiences Phenomenal Job Growth Read More
Specializing in modular units for industry, business, education and health facilities, Ellis Modular is now pursuing federal contracts through the General Services Administration. “The opportunity to service government accounts opens up significantly more markets throughout the region as our goal continues to be to expand our modular solutions business,” states
Ellis Modular Seeking Government Contracts Read More
On July 22, 2013 MHProNews.com covered a story from Midland, Texas where the Midland Independent School District (MISD) had plans to buy modular housing for staff because the Eagle Shale energy exploration in the southwest part of the state was gobbling up housing resources. In nearby Odessa, a one-bedroom unfurnished
Texas School District Acquiring Modular and Manufactured Housing Read More
Franklin County (Missouri) Planning Director Scottie Eagen reports her office has been getting complaints of people living in tents, travel trailers and recreational vehicles as their primary residence in an attempt to skirt residency rules. A new ordinance has banned that practice, as cbslocal.com informs MHProNews.com, and violators could be
Missouri County Bans Living in Transitory “Homes” Read More
The day kicked off with the Dow Jones Industrial Average plunging below the 16,400 mark, but rising steadily throughout the day to close at 16,530.55, adding +17.66 points, +0.11 percent. MHProNews learned from CNNMoney the Nasdaq also moved up, gaining +14.16 points, +0.34 percent, to close at 4,138.06. while the
Sun Communities Edges Up, while Skyline Corp. Moves Lower Read More
The Manufactured Housing Association for Regulatory Reform (MHARR) reports figures released by the U. S. Department of Housing and Urban Development (HUD) reveal the production of manufactured homes in March 2014 rose 9.6 percent over the same period of 2013, from 4,467 homes to 4,899. Cumulative industry production for the
Manufactured Housing Industry Production Continues Rising Read More
While Berkshire Hathaway, Inc. (NYSE:BRKA) says its profit for the first quarter 2014 slipped nearly four percent from last year, at the same time its revenues shot up about the same amount. First quarter earnings hit $4.71 billion this past quarter versus $4.89 billion for the same period last year.
Berkshire Hathaway: Q1 2014 Revenues Up, Profit Down Read More
Updating a story we last posted May 1, 2014 regarding the temporary closing of Meadowbrook Park manufactured housing community due to water and sewage problems in Richmond, Maine, MHProNews.com has learned owner Russ Edwards claims he has no income from the community and could not afford repairs. He alleges former
Manufactured Housing Board may Impose Sanctions, Fines for Septic Leak Read More
Sixteen high school students and their carpentry teacher from a program begun at Walter W. Brown High School in Langham, Saskatchewan, Canada constructed a modular building that will provide housing for four low-income families in Saskatoon. The students constructed all of the 660 square foot units in eight months, from
Students Build Modular Housing for Habitat for Humanity Read More
In an urgent action alert from the Manufactured Housing Institute (MHI), Chairman Nathan Smith reports the House Financial Services Committee will consider HR 1779, the Preserving Access to Manufactured Housing Act, on Wednesday, May 7. Last week he was urging recipients to contact their senators regarding a concurrent measure in
Chairman Smith: Contact your U. S. Representative for Support of HR 1779 Read More
According to wilmingtonbiz.com in North Carolina, Charlotte-based Properties of Assurance LLC has closed on its acquisition of two manufactured housing communities in the Wilmington, NC area. Bavarian Pointe, a 22-homesite community and 48-homesite Carolina Pines were purchased from Freedom Property Investors LLC for an undisclosed price. MHProNews.com has learned the
Two Manufactured Home Communities Change Hands Read More
Despite a stronger than anticipated jobs report for April and a drop in the unemployment rate, the three major indexes all ended the week slightly in the red. The Dow Jones Industrial Average dropped -45.98 points, -0.28 percent, to end the day at 16,512.89, while the Nasdaq dropped minimally, losing
Deer Valley Advances 7.69 %; Dow, Nasdaq, S&P Slip Read More
Reporting on the RV/MH Heritage Foundation in Elkhart, Indiana, Hall of Fame President Darryl Searer says, “From August 1, 2013 through April 30, 2014, the Foundation has made significant improvements in its financial obligations and has made some major changes in its display area, gift shop and exhibitor booth area.”
Finances for RV/MH Hall of Fame Museum Improve Read More
Next Step Homes is the factory-built home distribution channel for parent company Next Step Network, which mobilizes nonprofit resources to provide affordable and ENERGY STAR homes for low income residents across the nation. Next Step couples its 25 nonprofit community housing development organizations with heavy hitters in the factory-built housing
Private, Public Alliance Provides Efficient Factory-built Homes to Low Income Americans Read More
Mission Trails Mobile Home Park in San Antonio, Texas may be closed to make way for a $75 million luxury riverfront apartment development, displacing some 200 residents who complain they discovered by accident about the possible sale and rezoning of their community when a resident happened to spot a rezoning
Manufactured Home Community Set to be Repurposed Read More
