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.
Using its rapid deployment data center (RDDC) model, Facebook will build its datacenter facilities based on modular construction methods that will provide two immediate benefits: standardization of design in terms of construction and architecture so new facilities will not have to be designed from scratch; and speed of deployment, according […]
Facebook Utilizing Modular Building Techniques Read More
MHProNews.com has learned from rep-am.com, a non-profit organization in Waterbury, Connecticut will operate three newly-built modular homes as part of an affordable housing project in town, called Brass City Residences. Created by the city development commission and the housing authority in the Crownbrook neighborhood, the modular homes will be comprised
Affordable Housing Project will be Modular Housing Read More
Following a story MHProNews.com published Feb. 18, 2014 regarding legislation in the Virginia House of Delegates that would streamline the titling of manufactured homes, the Virginia Manufactured and Modular Housing Association (VAMMHA) informs us the legislation has passed the General Assembly and awaits Governor Terry McAuliffe’s signature. Introduced by Senator
Manufactured Homes Re-titling Passes in Virginia Read More
Eighty percent of high school graduates in the Prairie Spirit school system outside Saskatoon, Saskatchewan, Canada go directly into the workforce, and school officials want to upgrade their trades training. Currently, the Da Vinci project at the W. W. Brown school in Langham directs high school students in constructing modular
Canadian High Schoolers Building Modular Homes Read More
In Rehoboth Beach, Delaware, where the median sales price has grown to $647,000 for a single-family home, the growth of food stamp usage has risen dramatically 324 percent, from 260 people in 2003 to 1,104 in 2013, while the population has only increased 23 percent, reports delawareonline.com. While beach vacationers
Many Seniors in Manufactured Homes Receive Food Stamps Read More
While MHProNews.com last reported on Feb. 25, 2014 that Commodore Homes was closing its modular plant in Danville, Virginia, and moving operations to a newer facility in North Carolina, elkharttruth.com says Commodore is expanding its Goshen, IN manufactured housing plant by 15,000 square feet, and eventually plans to hire over
Commodore Expanding in Indiana Read More
The Manufactured Housing Institute (MHI) reports the Obama Administration’s 2015 budget proposes $10 million to fund the HUD (Housing and Urban Development) Manufactured Housing Construction and Safety Standards program, and HUD intends to increase the label fee to $100 per floor. Under the proposal, as MHProNews .com has learned, instead
Label Fee to Rise under Budget Proposal Read More
The commissioners of Quincy, Florida, discussed the foundations and locations for modular homes in the city at a workshop March 4, trying to insure they have the appearance of a site-built home. Building inspector Clyde Collins said they need to have either a monolithic foundation or a solid foundation with
Commissioners Discuss Modular Foundations Read More
The government’s jobs report indicating the economy created 175,000 jobs last month, more than analysts expected, initially buoyed stocks in today’s trading, but those gains mostly drifted away by day’s end. CNNMoney reports the Dow Jones Industrial Average nudged up +30.83 points, +0.19 percent, to end the day at 16,452.72.
Patrick Industries Advances the Most in a Lackluster Day of Trading Read More
A company in Troy, Michigan that provides appraisal management services for the real estate industry, including modular home companies, has seven positions open in operations and sales and is seeking summer interns. According to semichiganstartup.com, Dart Appraisal employs 43 people, and hired 14 people in the last year. MHProNews.com has
Modular Home Appraiser Expanding Read More
In a survey that includes 41 million single-family mortgages across the country, accounting for 88 percent of all mortgages serviced, the Mortgage Bankers Association (MBA) reports oil boom state North Dakota has the lowest foreclosure starts rate in the country for Q4 2013 at only 20 basis points. The state
Fracking Oils the Mortgage Industry in North Dakota Read More
A Cheektowaga, New York senior housing community is being acquired by Northstar Realty Finance Company, a New York City-based real estate investment trust (REIT) and owner of a portfolio of manufactured housing communities. Syracuse-based Peregrine Senior Living is selling Peregrine’s Landing LLC for $12.5 million, buffalonews.com reports. As MHProNews.com posted
Manufactured Housing Community Owner Inks Deal Read More
MHProNews.com has learned modular builder Britco of Langley, British Columbia (BC) will supply modular housing for the athletes competing in the Canada Winter Games in Prince George, in east central BC, in 2015. Following the competition, four of the modular units will be transformed into libraries for First Nations communities
Britco will Supply Modular Units for Winter Games Read More
Despite the political drama unfolding in the Crimea Peninsula between Russia and western powers, the S&P 500 rose to a new high, while the Dow made modest gains and the Nasdaq fell slightly. CNNMoney reports the Dow Jones Industrial Average nudged up 61.71 points, +0.38 percent, to end the day
Berkshire Hathaway Gains 3,520 Points; S&P Hits New High Read More
Once an online platform for selling only distressed real estate, Auction.com touts itself as being the leader in online real estate sales, including high quality commercial properties. Sources in Auction.com tell MHProNews.com Google has purchased the company, which sold over 35,000 properties, residential and commercial, in 2013 valued at more
Google Buys Auction.com Read More
MHProNews has been informed that officials at the Manufactured Housing Institute (MHI) and industry leaders are cheering the appointment of Pamela Beck Danner as the new Administrator for the Office of Manufactured Housing at the Department of Housing and Urban Development (HUD). In the 1980’s Ms. Danner served as counsel
Pamela Beck Danner to Head the Office of Manufactured Housing at HUD Read More
MHProNews.com has learned from northjersey.com 25 families living in Federal Emergency Management Agency (FEMA) manufactured homes as the result of Hurricane Sandy are facing an April 30 move-out date, although some have been told they must leave by April 1. That is when FEMA’s temporary assistance program will expire for
Time Running Out on FEMA’s Manufactured Home Assistance Read More
Following a story MHProNews.com last posted Jan. 17, 2014 regarding the Clayton-Bradley Academy on the campus of manufactured home producer Clayton Homes in Maryville, Tennessee, thedailytimes.com reports the Academy and Maryville College have partnered in an exchange of resources. Maryville College will offer access to its academic and athletic facilities
Clayton-Bradley Academy partners with Maryville College Read More
According to CoreLogic, U. S. home prices increased in January by the strongest margin in seven years, up 12 percent from the previous Jan., marking the 23rd consecutive month of yearly increases, worldpropertychannel.com reports. Said Dr. Mark Fleming, chief economist for CoreLogic, “The last time January month-over-month and year-over-year price
Home Prices Continue Moving on Up Read More
Canterbury Earthquake Recovery Minister Gerry Brownlee and New Zealand Prime Minister John Key attended the announcement ceremony of a joint venture between two Christchurch-based companies to build and operate New Zealand’s first major panelized building factory. Building manufacturer Spanbild and the country’s largest privately owned group home builder, Mike Greer
New Zealand Companies Join to Produce Modular Homes Read More
