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.
Despite a good economic report from bellweather Caterpillar, investors’ concerns about corporate earnings and emerging markets turned the first day of the week to red ink as all three major indexes fell. CNNMoney reports the Dow Jones Industrial Average dropped -41.23 points, -0.26 percent, to end the week at 15,837.88. […]
Skyline Advances almost 4%; other Tracked Stocks Fall or Remain Even Read More
Although Walker County, Alabama, just west of Birmingham was spared extensive damage during the April 2011 tornadoes that devastated several communities, work has begun on two of the 21 modular storm shelters approved by the Federal Emergency Management Agency (FEMA). Concrete pads have been poured in the Thach community and
Modular Storm Shelters Planned in Alabama Read More
According to wkrb13.com, manufactured housing community (MHC) owner Equity LifeStyle Properties (NYSE:ELS) will announce its earnings results Tue., Jan 28. While the stock opened at $37.10 Mon., Jan 27, it has a 52-week low of $33.36 and a 52-week high of $42.86. The company has a market cap of $3.091
Equity LifeStyle Properties to Issue Financials Read More
Another on-site modular home builder has come to the attention of MHProNews.com, this time from Great Britain. Facit Homes, finalists in the INDEX: Awards, is responding to the housing shortage in the larger cities, where prices have risen 53 percent in four years, offering 3-D printing of the parts on
Facit Homes: 3-D Printing On Site Read More
The massive fertilizer plant explosion in West, Texas April 17, 2013 destroyed several school buildings which have been replaced with 28 instructional and support modular structures, including 17 units manufactured by Ramtech Building Systems. The West Independent School District (ISD) is also receiving modular classrooms from other school districts, which
Modular Classrooms Provide Fix for Destroyed Schools Read More
The board of directors of real estate investment trust (REIT) Sun Communities, Inc. has announced an increase of $0.08 per common share for its 2014 target distribution rate to $2.60. While the board has adopted this new rate, it will still be subject to approval by the board each quarter
Sun Projects Positive Results for 2014 Read More
MHProNews has learned from private sources that North American Extrusion and Assembly (NAEA) has inked an exclusive agreement with Wolfpack Chassis to provide the manufactured housing (MH) and recreational vehicle (RV) industries with premium windows. The Noble line of windows were introduced at the Louisville Manufactured Housing Show this past
Wolfpack and North American Extrusion Sign Exclusive Deal Read More
Lippert Components, Inc. of Elkhart County, Indiana received final approval from the Goshen (IN) Plan Commission to rezone 56 acres from Agricultural A-1 to Industrial M-1 for future use by the company. The city originally annexed the area April 1, 2012, according to RVBusiness.com, with the intent to rezone it
Lippert’s Rezoning Request Receives Ratification Read More
According to willistonherald.com, the Williams County (North Dakota) Planning and Zoning Commission denied a request for a 55 home single-family residential development to be built outside Ray, ND, just northeast of Williston in the housing-strapped Bakken Oil Field region. Limited to manufactured, modular and site-built homes, the 164 acres were
Single-family Project to include Manufactured and Modular Housing Quashed Read More
Just as we learn half of our Congressional representatives in Washington are millionaires, and that the rich are getting richer, MHProNews has learned more Mr. and Mrs. D. Pockets are back on the scene building mega mansions. According to the Mortgage Bankers Association (MBA), applications for home loans of $625,000
Large Homes are Growing Again Read More
Following up on a story MHProNews posted Jan. 20, 2014 regarding a possible grant for water system improvements at the Centennial Estates Manufactured Housing Community (MHC) Cooperative in Derry, New Hampshire, the town council voted to apply for the $500,000 Community Development Block Grant (CDBG). The application will compete against
Manufactured Home Community Co-operative Applies for Block Grant Read More
The 125,000 square foot industrial space in Bend, Oregon at one time occupied by Fuqua Homes, Inc. has been sold to a hedge fund manager and his wife for $2.7 million. The couple will likely develop it into a multi-tenant facility, according to bendbulletin.com. Fuqua Homes built manufactured and modular
Former Fuqua Homes Plant Sold Read More
American architectural firm KieranTimberlake (Stephen Kieran and James Timberlake), taking a page from Henry Ford and his numerous prototypes (the “Model T” derives from the 19th letter in the alphabet, because Henry had 18 previous failures), are working to transform architecture beyond its traditional guidelines into the domains of software
India may be Inundated with Millions of Modular Homes Read More
In its worst week since Nov. 2011 the Dow Jones Industrial Average tumbled nearly two percent, while the Nasdaq and the S&P 500 both fell over two percent, as investors worried about an economic slowdown in China. CNNMoney reports the Dow dropped -318.24 points, -1.96 percent, to end the week
Cavco, Drew Drop 4% Plus; Dow Plunges 318.24 Points Read More
As the result of high winds, a manufactured home being transported along Interstate 205 between Vancouver, Washington and Portland, Oregon tipped onto the edge of a bridge above the Columbia River, according to katu.com. Oversize loads were temporarily banned from the highway, the first time Washington Department of Transportation officials
Manufactured Home Teeters on Bridge Read More
The Monticello (Arkansas) City Council passed an ordinance effective May 1, 2014 that limits manufactured homes sited be no more than 15 years old, and they must meet all city building and occupancy codes the same as other homes. According to mymonticellonews.net, building permits for manufactured homes are only good
New Manufactured Housing Ordinances take Effect May 1 Read More
Marking the highest level of sales since the housing boom year of 2006, 5.1 million previously owned homes sold in 2013, up 9.2% from 2012 and almost 20% more than 2011, according to the National Association of Realtors (NAR). As CNNMoney informs MHProNews, in the first month-over-month increase since July,
NAR: Previously Owned Home Sales Shoot Up Read More
All three major indexes fell in today’s trading as investors continued to express concerns over corporate earnings. CNNMoney reports the Dow Jones Industrial Average fell -175.99 points during the day, -1.07 percent to close at 16,197.35. The Nasdaq dropped -24.13 points, -0.57 percent, to end at 4,218.87, while the S&P
Louisiana Pacific Gains, Nobility Falls, Three Major Indexes Drop Read More
In light of the Harvard University’s Joint Center for Housing Studies startling conclusion that 25 percent of households spend over 50 percent of their income on rent, nerdwallet.com analyzed the top 100 most populous metro areas to determine which have conditions most favorable for purchasing a home. Arranging the list
Best U. S. Cities for Purchasing a Home Read More
Gordon Crawford of DataQuick, noting the months of increasing home values in the 42 markets the company analyzes in its Property Intelligence Report (PIR), says the substantial drop in prices in December is a good sign that the housing market is leveling off, according to nationalmortgagenews.com. “It shows that home
Foreclosure and Home Price Decline Bodes Well for Stability Read More
