Manufactured and Modular Housing News

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.

Manufactured Housing Communities Grow in Mortgage-Backed Security Deals

Although traditional property types such as multifamily, office, industrial and retail continue to dominate the majority of collateral in commercial mortgage-backed security (CMBS), non-traditional properties are increasing. Specifically, as businesswire.com informs MHProNews, manufactured housing communities (MHC) are making up a larger part of the deals. Although this asset class accounted […]

Manufactured Housing Communities Grow in Mortgage-Backed Security Deals Read More

Tracked Housing Stocks mostly Fall; Dow Hits another New High

Despite relatively sluggish and cautious behavior by investors, the Dow hit another all time high, rising +0.14%, +21.32 points to end the day of trading at 15,783.10. CNNMoney reports the Nasdaq nudged up +0.01 percent, +0.56 points, to end the day at 3,919.79 while the S&P edged up points, +0.07

Tracked Housing Stocks mostly Fall; Dow Hits another New High Read More

Words of Wisdom from Chairman Sam (Zell)

MHProNews has learned from multihousingnews in an interview at the Urban Land Institute Nov. 7 of Sam Zell, founder of Equity Group Investments and Equity International, by one-time Zell executive and now Green Courte Partners LLC Chairman Randy Rowe, Zell had some pithy insights. He said it’s ok to make

Words of Wisdom from Chairman Sam (Zell) Read More

UMH Releases Third Quarter Financials

In its third quarter financials, UMH Properties announces it has increased its portfolio of homesites by 26 percent since the beginning of the year. For the quarter ending Sept. 30, 2013 funds from operations (FFO) attributable to common shareholders of $1,993,000 or $.10 per diluted share as compared to Q3

UMH Releases Third Quarter Financials Read More

Sam Zell article on MHProNews draws WND, Media attention

Topix, Bring on the Bulls, LinkedIn and Silobreaker were among the sites that joined popular WND in sharing coverage on the exclusive MHProNews report on Sam Zell, “Our Way of Life is Very Much Threatened.” Alexa, an online website rating service, ranks WND as one of the top 10,000 websites

Sam Zell article on MHProNews draws WND, Media attention Read More

Housing Recovery Strong due to Pent-Up Demand

Noting that it is reasonable for consumers to pause during an economic bubble, Moody’s Investor Services says as mortgage rates and home prices stabilize, home buyers will return to the market to begin satisfying long pent-up demand. Traditionally, as HousingWire reports, homebuilding depends upon new household formation. But because real

Housing Recovery Strong due to Pent-Up Demand Read More

Manufactured Homes May Replace Aging Factory-builts

A project to bring more affordable housing to Spencer, Iowa is in the works at the Sioux River Estates manufactured housing community, according to spencerdailyreporter.com. Dave Jacobsen of Jacobsen Homes Corp. says the plan is to replace the aging factory-built homes with either manufactured or modular homes in the spring.

Manufactured Homes May Replace Aging Factory-builts Read More

Low Interest Manufactured Home Loans in Alaska

The Juneau, Alaska Affordable Housing Commission is set to petition the Juneau City Assembly for low interest loans for down payments on manufactured homes, according to juneauempire.com. The program would allow for multiple loans up to a maximum of $100,000 loaned at any one time. MHProNews has learned if the

Low Interest Manufactured Home Loans in Alaska Read More

Liberty Homes Goes Skyward, as all Three Indexes Advance over One Percent

A good monthly jobs report from Washington spurred all three indexes to rise above one percent each as the week drew to a close. CNNMoney reports the Dow Jones Industrial Average gained +167.8 points, +1.08 percent, to close at 15,761.78. The Nasdaq gained +1.60 percent, +61.90 points, to end the

Liberty Homes Goes Skyward, as all Three Indexes Advance over One Percent Read More

Senior Housing Market Gains Strength

Current sales, prospective buyer traffic and anticipated six-month sales for the 55+ housing market showed continued improvement in the third quarter of 2013 compared to the same period last year, according to the National Association of Home Builders (NAHB) Housing Market Index (HMI). The single-family index rose 14 points to

Senior Housing Market Gains Strength Read More

City Prepares to Acquire Manufactured Housing Community

Following up on a story MHProNews posted Oct. 31 regarding the acquisition of Spruces Mobile Home Park by the city of Williamstown, Massachusetts and returning it to a natural state because it is in a flood plain, the Board of Selectmen will discuss the drafts of three warrant articles dealing

City Prepares to Acquire Manufactured Housing Community Read More

Industry’s Famous Name but not the Same

Unless the Columbia Mobile Home Park in Columbia, California resolves two outstanding violations within thirty days, it’s license to operate will be suspended and it cannot collect rent or other monies from the residents. According to mymotherlode.com the California Department of Housing and Community Development posted the notice at the

Industry’s Famous Name but not the Same Read More

UMH Acquires Five Land Lease Communities

UMH Properties, Inc. of Freehold, New Jersey announces it has acquired five manufactured home communities (MHCs) consisting of 519 developed home sites for $11,800,000, according to wsj.com. The all-age communities—four in Ohio and one in New York—have an average occupancy of 82 percent, and boost UMH’s portfolio to 74 communities

UMH Acquires Five Land Lease Communities Read More

Manufactured Home Donated to Help Fight Crime

A manufactured home that had been used by Innovative Hearth Products (IHP) to showcase their products has been donated by the company in Russellville, Alabama to the Franklin County Sheriff’s Office for use by the Franklin County Drug Unit. IHP will also donate sheetrock and other materials to make the

Manufactured Home Donated to Help Fight Crime Read More

Community Residents Happy for Rent Increase

Residents of the Hillcrest Mobile Home Park in Middleboro, Massachusetts are perfectly willing to see their site rents bumped from $192 a month to $281: It means long-neglected capital improvements will be undertaken for these residents who are purchasing the community from Morgan MHP Mass, LLC. Morgan had asked for

Community Residents Happy for Rent Increase Read More

Tracked Housing Stocks Mostly Decline; Three Major Indexes Fall

While stocks surged earlier in the day sending the Dow to a new high, the three major indexes finished in the red as lackluster earnings from some companies brought down the larger market. CNNMoney reports the Dow Jones Industrial Average fell -152.90 points, -0.97 percent, to close at 15,593.98 The

Tracked Housing Stocks Mostly Decline; Three Major Indexes Fall Read More

Energy Report on “Not Your Grandfather’s Trailer House”

While many buyers of manufactured homes (MH) are more concerned with affordability and, say, the kitchen cabinetry than energy efficiency, the MH industry is offering more energy efficient features that can save the homeowner anywhere from $30 to $70 month. Ronnie Richards, vice president of marketing for American Homestar Corporation,

Energy Report on “Not Your Grandfather’s Trailer House” Read More

Universal Forest Products Makes List of Green Vendors

Dublin, Ireland-based Research and Markets, provider of worldwide market research and data, reports the Global Green Building Material market will grow 17.9 percent 2012-2016, especially as more governments become increasingly involved in promoting energy efficiency. MHProNews has learned it is estimated buildings now account for 40 percent of global energy

Universal Forest Products Makes List of Green Vendors Read More

Modular Homes Rising in Iowa

Joe Kelly, executive vice-president of the Iowa Manufactured Housing Association (IMHA), says, “The modular business has been pretty good in Iowa. In the second quarter, which is the latest for which we have numbers, we were fourth in sales among 34 states surveyed in growth over the first half of

Modular Homes Rising in Iowa Read More

Texas City Council Approves Permits for Manufactured Homes

MHProNews has learned during a public hearing of the Jourdanton City Council just south of San Antonio, Texas, four requests were made regarding placement of manufactured homes (MH). One was a special use permit to site a manufactured home in a neighborhood zoned for single-family residences. The second and third

Texas City Council Approves Permits for Manufactured Homes Read More

mas kovach mhpronews shopping with soheyla .jp

Get our ‘read-hot’ industry-leading 

get our ‘read-hot’ industry-leading emailed headline news updates