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.
A collaboration between Strachan Group Architects (SGA) and the Unitec School of Architecture in Auckland, New Zealand on behalf of non-profit VisionWest Community Trust is set to build affordable and sustainable housing in Henderson, Auckland. The government’s Social Reform Housing Bill is pushing for private funding of building these modular, […]
New Zealand Plans for Modular Affordable Housing Read More
According to a Mortgage Bankers Association (MBA) survey of mortgage companies owned by homebuilders, sales of new homes rose 35 percent in January following two months of tepid sales. The survey estimates builders sold 38,000 new homes in January, indicating strong demand in some parts of the country, and bodes
New Home Sales Rise in January Read More
The Texas Manufactured Housing Association (TMHA) reports revised figures for October indicate new manufactured home sales were 913 units, marking the fifth highest monthly total on the year. While the new sales percentage change from Sept. was -7.84 percent, change from same month last year was up +2.62 percent, and
Texas Stats for Manufactured Home Sales Read More
Representatives from Clayton International Homes in Middlesboro, Kentucky and members of the Claiborne Planning Commission (CPC) in Clairborne County, Tennessee discussed new regulations governing manufactured homes being sited by their owners on privately-owned land. CPC Chairman Jerry Brooks wants to make sure roads in the developments are adequate for emergency
Regulations Proposed for Manufactured Home Communities in Tennessee Read More
The Emmet County Board of Supervisors in Estherville, Iowa has granted a $448 tax abatement to the Green Acres manufactured housing community (MHC) for an abandoned home no one has lived in or paid taxes on for four years. As the esthervilledailynews.com tells MHProNews.com, Treasurer Vickie Jurrens attempted several times
Abatement Granted for Abandoned Manufactured Home Read More
MHProNews.com has learned from Joe Kelly, executive vice-president of the Iowa Manufactured Housing Association (IMHA), that the Iowa Legislature is considering House Study Bill (HSB) 638, which would provide for the creation of first-time home-buyer savings accounts. First-time manufactured home purchasers, whether in real estate applications or in communities, would
First-Time Manufactured Home Buyers Might Save Read More
MHProNews.com has learned from fredericksburg.com in Virginia the Colonial Beach School Board told the Town Council it needs $1.26 million to renovate the elementary school that were devastated by a fire Jan. 6, 2014, while students use modular classrooms that have been sited near the current Colonial Beach High School.
School uses Modular Classrooms until Rebuild is Completed Read More
While the S&P is closing in on its record high, the Dow Jones Industrial Average is up two percent on the week and the Nasdaq is up three percent, and all three closed in positive territory to end the week. CNNMoney reports the Dow Jones Industrial Average gained +126.8 points,
Manufactured Housing Composite Unchanged Third Day Read More
MHProNews.com has learned the stock of manufactured housing component provider Louisiana Pacific Corp. (LPX) saw its shares of stock rise nearly six percent yesterday (Feb. 13), with the volume much higher than normal trading days. Noting the stock is up 9.05 percent since Feb. 3, zacks.com reports it has had
Louisiana Pacific Stock gets Strong Rating Read More
Sources with ties to Manufactured Housing Institute (MHI) tell MHProNews that the number of sponsors and co-sponsors for S 1828 has jumped from 4 to 9 as a direct result of the recent visits by members to their U.S. Senators. Dan Coates (R-IN), Rand Paul (R-KY), Lamar Alexander (R-TN), Joe
S 1828 Co-Sponsors grow in wake of MHI Legislative Session Read More
Due to a number of factors, manufacturing has declined in Australia, especially in the food and automobile industries, and two staff members of Curtin University have suggested resources be turned to the modular housing market. Jemma Green and Peter Newman say the off-site housing market is a $90 billion industry
Australia: Moving Manufacturing to Modular Read More
The 70th annual Seattle Home Show, which runs Feb. 15 through Feb. 23 at Century-Link Field Event Center, will include a modular home among the several homes on display. As theolympian.com informs MHProNews.com, Timberland Homes will have an 1,800 square foot modular beach house, the Kingston. ## (Image credit: Timberland
Modular Home at Home Show Read More
The Municipal Planning Commission in Medicine Hat, Alberta, Canada is considering a modular home community just north of the Trans-Canada Highway if the city council agrees to rezone what has been prime highway commercial property. The first phase of the project would include 85 modular home sites on 15 acres.
Modular Development Proposed for Canadian City Read More
Slow retail sales in January and tepid corporate returns did not deter investors from buying stocks in today’s trading, pushing up all three major indexes. CNNMoney reports the Dow Jones Industrial Average nudged up +63.65 points, +0.40 percent, to end the day at 16,027.59. The Nasdaq advanced +0.94 percent, +39.38
UFPI, Drew and Skyline Advance Strongly Read More
The Modular Home Builders Association (MHBA) is promoting a new initiative to unite all modular home builders under one roof, according to modularhomecoach.com. Executive Director Tom Hardiman says, “For years, the modular home industry has been fragmented and disjointed, underserved and underrepresented by committees, councils and for-profit entities that have
Modular Home Builders Come Together Read More
Noting the flack Consumer Financial Protection Bureau Director (CFPB) Richard Cordray received about manufactured housing when he recently appeared before the House Financial Services Committee, Doug Ryan of CFED says the criticisms are misguided, although the testimony did bring attention to the 20 million people who live in manufactured housing.
CFED’s Ryan says Future of Affordable Living Depends on Manufactured Housing Read More
Drew Industries, Inc. reported net sales for the year ending 2013 increased $114 million over last year to a record $1.02 billion, resulting in income of $50.1 million, $2.11 per diluted share, a rise from net income for 2012 of $37.3 million, or $1.64 per diluted share. Had it not
Drew Industries Drew Well from the 2013 Well Read More
According to cnnmoney.com, Universal Forest Products, Inc. (NYSE:UFPI) announced 2013 net sales of $2.5 billion, an increase of 20.2 percent over 2012, and net earnings of $43.1 million, $2.15 per diluted share, compared to net earnings in 2012 of $23.9 million, or $1.21 per diluted share. Net sales for Q4
Universal Forest Products Announces Financials Read More
Five hundred thirty acres of former farmland in Minot, North Dakota are set to become a new planned community of 2,000 residential units around a hub of commercial and retail space, including a park and trail system. Infrastructure work began last year to support the development, which includes what is
Manufactured, Modular Homes Filling North Dakota Project Read More
The three major indexes all moved less than one quarter of one percent in today’s trading as investors stepped back from the boost the market received upon the announcement of Janet Yellen as the new head of the Federal Reserve. CNNMoney reports the Dow Jones Industrial Average nudged down -30.83
Universal Forest Products edges up, Cavco Edges Down Read More
