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 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
Show coordinator Dennis Hill said by 1:00 PM, Wednesday Jan. 22, the first day of the Louisville Manufactured Housing Show, more people had come through the gate than for the entire show last year. The finance panel discussion, moderated by Dick Ernst and featuring most of the major lenders in
Louisville (Slugger) Manufactured Housing Show Hits Homer Read More
Another mix of plus and minus corporate returns kept investors in a cautious mood, as CNNMoney reports the Dow Jones Industrial Average fell -41.1 points during the day, -0.25 percent to close at 16,373.34. The Nasdaq gained +217.24 points, +0.41 percent, to end at 4,243, while the S&P ended the
Patrick Spikes; No Tracked Stocks Lose Read More
Writing in treehugger.com, Lloyd Alter says modular housing is now 11 percent of the Canadian housing market, three times what it was when he was selling homes in Wingham, Ontario for Royal Homes’ Pieter Venema, who built the Kohn Shnier designed Muskoka cottage for two families. Noting factory-built homes are
Modular Housing Gaining in Canada Read More
The Federal Home Loan Bank of New York, through the M&T Bank, awarded $35.5 million in Affordable Home Program (AHP) subsidies in 2013 that will help finance 48 affordable housing initiatives, creating or preserving 3,072 units of affordable housing, as PRWeb.com informs MHProNews. This includes 2,200 very low income dwellings
Affordable Housing Bolstered by Federal Program, Private Bank Read More
Investors, nervous about the future of the economy, split the three major indexes plus and minus. CNNMoney reports the Dow Jones Industrial Average fell 44.12 points during the day, -0.27 percent to close at 16,414.44. The Nasdaq gained 28.18 points, +0.67 percent, to end at 4,225.76, while the S&P ended
Skyline Rises 3.26%; Dow Falls, Nasdaq and S&P Nudge up Read More
As follow-up to a story MHProNews posted Jan. 16, 2014 regarding three variance requests for the siting of manufactured homes in Magnolia, Arkansas, the Magnolia Planning and Zoning Commission denied all three, according to magnoliareporter.com. Although all three requests were from parties who own the land, and the commissioners support
Placement Denied for Three Manufactured Home Variance Requests Read More
Following a story we first posted Oct. 21, 2013 regarding the proposed redevelopment of Vineland Vista Mobile Home Park in St. Helena, California owned by Vintner Hall Wines, the Napa Valley Planning Commission has delayed approval of the modification because the old ordinance does not allow for multifamily modular housing.
Update of Manufactured Housing Community Delayed Read More
Despite single-family housing starts falling seven percent in December, 2013 from November’s surge of 16 percent, when builders were scurrying to put foundations in the ground before the freeze set in, housing starts for the year were up 15 percent over 2012. The Census Bureau informs MHProNews multifamily starts, which
Residential Building Rises in 2013 Read More
Pursuant to Killam Property, Inc.’s (TSX:KMP) dividend policy, the board of directors has declared a monthly dividend of $0.05 per common share to be paid on Feb. 17, 2014 to shareholders of record as of Jan. 31, 2014. Based in Halifax, Nova Scotia, Canada, this marks Killam’s first dividend reflecting
Killam Raises Monthly Dividend Read More
In observance of Martin Luther King, Jr. Day, January 20, all stock markets are closed. They will reopen tomorrow morning at 9 A.M. (Image credit: House Financial Services Committee)
U. S. Stock Markets Closed Read More
Researchers at the University of Southern California have developed a large 3D printer that will build a two-story modular home in 24 hours. The fabrication technology, called Contour Crafting, was developed by Behrokh Khoshnevis, according to worldpropertychannel.com. A printer fitted with fast-drying concrete replaces laborers to create a home based
Two Story Modular Home Built on Site in 48 Hours. You Think? Read More
Inmate overcrowding is a major issue in the race for sheriff in Stockton, California, pitting incumbent Sheriff Steve Moore against Sgt. Pat Withrow. While a state panel approved $33.3 million for a new, higher-security facility to replace the Honor Farm, Withrow wants to add modular jail units on an “as
Modular Jail Proposed for Stockton Read More
Wed. night, Jan. 22 the Town Council in Derry, New Hampshire will discuss a grant proposal for water system improvements for the Centennial Estates Manufactured Housing Cooperative. The public hearing is one of three that will be held to discuss the proposal for the 57 site manufactured housing community (MHC),
Water System on Tap for Co-operative? Read More
Taking over a one-time manufactured housing plant in Johnstown, Colorado, PTI Group has converted the 113,000 square-foot facility to constructing modular workforce housing for the oil, gas and mining industries in Canada. Based in Alberta, Canada, PTI scouted 78 cities before choosing the Denver area because of the availability of
Former Manufactured Housing Plant Bustling with Modular Workforce Units Read More
Following up on a story MHProNews posted Jan. 31, 2013, regarding $125,000 in seed money received by Wolfpack Chassis from Elevate Ventures’ Indiana Angel Network Fund (IANF), the Kendallville, IN-based company announces the completion of a $625,000 round of financing. Wolfpack manufactures chassis and chassis components for the manufactured housing
Manufactured Housing Chassis Firm Firms-up Financing Read More
The tough winter of 2013-2014 has not slowed the record pace for pre-registertions for the 2014 Louisville Manufactured Housing Show. The long range weather forecast for the Louisville Manufactured Show are for lower than normal temperatures, with highs during the show generally in the mid to upper 30s. But the
2014 Louisville Show Forecast; Cool, Busy! Read More
As follow-up to a story MHProNews last posted May 22, 2013, the Clayton-Bradley Academy, which opened on the grounds of Clayton Homes in July, has announced plans to add four classrooms to the school which currently serves 78 tuition students. Dr. Don Bruce, chairman of the nonprofit organization Innovative Education
Clayton-Bradley Academy Adding Classrooms Ahead of Schedule Read More
Black Diamond Structures of Calgary, Alberta, Canada, which rents and sells remote workforce housing and modular workspace solution, has announced it will pay a dividend of $0.075 per share for January, 2014. The company’s board of directors reports the dividend will be paid on February 18, 2014 to shareholders of
Modular Accommodations Supplier Declares Monthly Dividend Read More
