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.
Entering the race for a county commission seat in Williams County, North Dakota, Jon Kreil says he wants to re-establish a sense of community, according to willistonherald.com. He has spent time on the Williston Affordable Housing Committee as it seeks to define affordable housing in an area where a 700 […]
Commission Candidate wants more Manufactured Housing in North Dakota Read More
Modular home producer Commodore Corporation will close its manufacturing plant in Danville, Virginia at the end of April, according to wdbj7.com, costing 100 employees their jobs. MHProNews.com has learned operations will be moved to a newer facility in North Carolina. ## (Photo credit: wdbj7.com–Commodore Corporation modular homes in Danville, VA)
Commodore Closing Modular Factory Read More
MHProNews.com has learned from newssun.com that residents of Tanglewood manufactured housing community in Sebring, Florida were instrumental in raising $65,100 during 17 events for cancer research as part of the Tanglewood Residents’ Cancer Benefit. The Feb. 18 Benefit Bash was held in Tanglewood’s clubhouse, sponsored in part by community owner
Manufactured Home Community Residents Support Cancer Reseach Read More
Stock research firm Zacks has upgraded the stock of Universal Forest Products, Inc. (NASDAQ:UFPI) from a neutral rating to an outperform rating based upon its earnings per share of +$0.40 in Q4 2013 versus a loss of -$0.10 per share in the comparable quarter of 2012, as MHProNews.com reported Feb.
UFPI’s Stock Rated Outperform Read More
In a commentary by MHProNews.com‘s publisher L. A. ‘Tony” Kovach, noting a recent advertisement by the Manufactured Housing Association for Regulatory Reform (MHARR) targeted to industry lenders who are members of the Manufactured Housing Institute (MHI) in an attempt to have them join MHARR, he alludes to a 1971 Pogo
Pooling Resources for Manufactured Housing, or Pulling them Apart? Read More
Updating a story MHProNews.com last covered Jan. 14, 2014 regarding a subsidiary of Santee Modular Homes in Orangeburg County, South Carolina suing the county over a debris removal contract, the public works department had sufficient manpower for cleanup in the wake of the recent ice storm. The lawsuit asked for
Modular Home Subsidiary Case heading to Court Read More
Following up on a story MHProNews.com posted Oct. 14, 2013 regarding a warehouse in Camden, New Jersey set to open as a modular housing factory with the promise of 1,000 jobs for inner city residents within 3-4 months, the building remains padlocked and applicants are discouraged. Camden mayoral candidate Amir
Modular Housing Plant Still not Open Read More
The S&P rose to a new record high and the Dow Jones Industrial Average gained over 100 points as investors expressed new confidence in the economy and corporate earnings. CNNMoney reports the Dow advanced +103.84 points, +0.64 percent, to end the day at 16,207.14. The Nasdaq moved up +29.56 points,
Liberty Homes Spikes, S&P Hits New High Read More
Renting out at 80 percent of market value as part of the government’s affordable housing program, architectural firm Rogers Stirk Harbour and Partners has received approval to build 36 two-bedroom modular apartments in Stratford, England. Consisting of two modules each, the units will be assembled around a core containing two
Stratford England the Site of Modular Apartment Complex Read More
The Michigan State Housing Development Authority already offers first time home-buyers assistance through its Mi First Home program, and now it is offering assistance to repeat buyers, including those who want to buy a manufactured home. The Mi Next Home program can provide up to $7,500 in down payment assistance,
Michigan can Assist Manufactured Home Buyers Read More
The Dobson, North Carolina Board of Commissioners unanimously approved a rezoning request to convert property originally zoned RS, residential suburban, to RMS, residential manufactured home (MH), which allows the landowner to site an additional MH in a manufactured home community (MHC). As mtairynews.com informs MHProNews.com, landowner Harry Folger purchased two
Commissioners Approve Adding Manufactured Home Read More
One of the highlights of the Manufactured Housing Institute’s (MHI) Winter Meeting Feb. 9-11 was the day manufactured housing professionals from the entire spectrum of the industry visited Capitol Hill to speak directly with their Congressional representatives. After a breakfast/pep talk with Rep. Andy Barr (R-KY), a member of the
MHI Members Scour Capitol Hill for Support Read More
The National Association of Realtors (NAR) reported existing home sales fell to the lowest level in January since July 2012 as low inventory sent home prices higher. Total existing home sales fell 5.1 percent to a seasonally-adjusted annual rate (SAAR) of 4.62 million last month from 4.87 million in December,
Existing Home Sales Drop in January Read More
Mixed signals concerning the health of the economy and corporate earnings led investors to step back from the market to end the week. CNNMoney reports the Dow Jones Industrial Average slipped -29.93 points, -0.19 percent, to end the day at 16,103.30. The Nasdaq dropped -4.14 points, -0.10 percent, to finish
Louisiana Pacific and Nobility Homes Gain over Four Percent Read More
U. S. Housing and Urban Development Secretary Shaun Donovan, noting that a housing trust fund needs to be established that supports $5 billion in affordable housing production a year, says the congressional GSE (government-supported enterprise) reform legislation that eventually eliminates Fannie Mae and Freddie Mac needs to include such a
Secretary Donovan calls for Housing Trust Fund Read More
Landmark Properties wants to redevelop the 56-site Arrowhead Village manufactured housing community (MHC) in Flagstaff, Arizona into a 191-unit student housing complex. As the azdailysun.com reports, a meeting designed to meet the city’s zoning requirements and introduce the project to the public drew 100 people who wanted to know about
Manufactured Housing Community Owner Plans Redevelopment Read More
An increase in enrollment projections exceeding expectations in the Cumberland Valley School District in south central Pennsylvania is leading officials to consider an $88 million budget addition over the next eight-10 years. While middle school and high school enrollment will exceed capacity within eight years, at the elementary school level
Pennsylvania School District may Opt for Modular Additions Read More
A late construction start due to a late spring has resulted in the development of the new St. Kateri School in Fort McMurray, Alberta, Canada now set to open with 12 modular classrooms in November of the 2014-2015 school year instead of at the beginning in September, 2014. Part of
Modular Classrooms to form Core of New School Read More
The developers of the Grandview Apartment Development Project, a 72-unit apartment complex planned for Redwood Falls, Minnesota, continue to try and bring the per-unit cost down to $70,000. Trident Development, working with a local modular builder, as redwoodfallsgazette.com informs MHProNews.com, has lowered the cost to $78,000 per unit, and continues
Modular Apartment Complex Remains Possible Read More
The most recent collection of weak economic reports did not faze investors today as the S&P closed within ten points of its all-time high and the Nasdaq has advanced nine of the last ten trading days. CNNMoney reports the Dow Jones Industrial Average gained +92.67 points, +0.58 percent, to end
Patrick Ind. Spikes 17%; Three Major Indexes Advance Read More
