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.
The owner of the 53 home sites at Summer Winds in Old Orchard, Maine hopes to convince the town’s planning board to change use of the units from seasonal to year-round. The gated community is currently classified as a resort community that can only be occupied from April 1 to …
Maine Modular Development Seeking Year-round Occupancy Read More
Talk of a resolution of the gridlock in Washington was enough to spur the three major indexes to an over two percent gain each. CNNMoney reports the Dow spiked +323.29 points, +2.18 percent, to close at 15,126.07. Meanwhile, the Nasdaq advanced +2.26 percent, +82.97 points to end today’s trading at …
Founded in 1971 as a manufactured home retailer, Oak Creek Homes of Texas began building manufactured homes in 1993 and recently celebrated the production of its 50,000th home, as MHProNews has learned. With manufacturing facilities in Fort Worth and Lancaster, Texas and Lynn, Alabama the 705 employees build homes ranging …
The drivers of the two sections of a manufactured home temporarily blocked northbound Highway 29 in California after taking the wrong route and realizing their loads would not clear the Old Sonoma Road overpass. They were supposed to take Highway 221 on their way to Napa Valley Mobile Home Park …
Manufactured Home Drivers Stop Short of Certain Damage Read More
Green Courte Partners, LLC of Lake Forest, Illinois announces the appointment of Susan A. Rowe to head the firm’s sustainability initiatives dealing specifically with manufactured housing communities and parking facilities. According to digitaljournal.com, Ms. Rowe will represent Green Courte at the Real Estate Roundtable’s Sustainability Policy Advisory Committee and at …
As follow-up to a story we posted yesterday, Oct. 8, that the government shutdown may affect the shipment of manufactured homes because the IBTS has been issued a stop work decree, Lois Starkey of the Manufactured Housing Institute (MHI) wants to be notified when manufacturers are running short on certification …
Bellingham, Washington voters approved a tax levy in 2012 to provide affordable housing for indigent people. Of the three million a year the Bellinghma Home Fund will take in over the next seven years, in additon to providing rental assistance and preservation of existing buildings, $250,000 will be spent to …
Despite the government shutdown and looming debt ceiling crisis, the Dow and the S&P both edged up slightly on news that Janet Yellen is to replace Ben Bernanke as the next head of the Federal Reserve. CNNMoney reports the Dow Jones Industrial Average gained 26.45 points, +0.18 percent, to end …
The early sellout of model home floor space for the 2014 Louisville Show is one of many signs that the trade show is on a strong track. Last year set a post 2010 record for attendance, making Louisville the best attended manufactured housing industry event. Attendees MHProNews has spoken to …
Louisville Manufactured Housing Show Draws Praise and Enhanced Interest Read More
Grand Rapids, Michigan-based Univesal Forest Products Inc. (NYSE:UFPI) is acquiring certain assets of SE Panel and Lumber Supply of South Daytona, Florida for an undisclosed dollar amount. According to businessweek.com, the acquisition, which adds products to its lineup and expands its reach, is expected to close next month. As MHProNews …
The Wisconsin Housing Alliance has learned a “stop work” directive has been issued from the Obama Administration to the Institute for Building Technology and Safety (IBTS) that may choke off shipment of new HUD Code manufactured homes (MH). IBTS is a non-profit that provides contractor support for monitoring services of …
The continuing fears about the government shutdown and even more so, the looming debt ceiling crisis, is giving jitters to investors as all three indexes dropped one to two percent. CNNMoney reports the Dow Jones Industrial Average plummeted -159.1 points, -1.07 percent to end at 14,776.53. The Nasdaq fell a …
Washington Gridlock Strikes Fear in Investors, Tracked Housing Stocks Read More
The Brownwood (Texas) City Council agenda will include a public hearing on first reading to rezone the properties along Golding Road from C2 General Business District to MH Manufactured Home district, as brownwoodtx.com informs MHProNews. (Image credit: denvergov.org)
Factory-built and man-made portable homes have been in Montana for hundreds of years, from early settlers who followed the mining and timber industries from site to site, to modern day residents who want a house on their own piece of land, according to Zoe Anne Stoltz with the Montana Historical …
The fifth annual Clayton Homes Turkey Trot for Education, a 5K run/walk or one mile fun walk will be held Nov. 24 starting at Clayton’s corporate headquarters in Maryville, Tennessee to benefit the Blount County Education Foundation (BCEF). Areas of need are prioritized in the schools, according to thedailytimes.com, and …
The National Association of Home Builders (NAHB)/First American Leading Markets Index (LMI) reports 52 out of 350 housing markets have returned to pre-recessionary levels of activity. Based on current housing permits, prices and employment data, the nationwide housing market is running at 85 percent of normal activity. MHProNews has learned …
A modular affordable housing project for 16 low-income people with mental illnesses will be dedicated Wed., Oct. 9 in Closter, New Jersey, in the far northeastern corner of the state. After seven years and $3.5 million from the state’s special needs housing trust fund and other state sources, the Van …
Although an abandoned, burned out manufactured home in Spout Springs, North Carolina has been declared a public nuisance, the stench, feral cats and cockroaches have plagued its neighbor, Jim Redgate, for five years. “The only change is every year more cockroaches crawl out of there, and more feral cats move …
Investors, concerned that the continuing drama over the government shutdown and debt crisis may lead to default, expressed their fears today, as all three indexes dropped in today’s trading. CNNMoney reports the Dow dropped -136.34 points, -0.90 percent, to close at 14,936.24. Meanwhile, the Nasdaq moved down -0.90 percent, -37.38 …
Investors Pull the Reins; most Tracked Housing Stocks Slip Read More
As we enter national Fire Prevention Week through Oct. 12, 2013, the National Fire Protection Association (NFPA) says the Department of Housing and Urban Development’s (HUD) “Final Rule” for smoke alarms in new manufactured homes (MH) requires factory-installed hardwired or ten-year battery source, interconnected smoke alarms with battery back-up. As …
Fire Safety Emphasized during Fire Prevention Week Read More
