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.
Statistics compiled by the Department of Housing and Urban Development (HUD) reveal the production of manufactured homes rose almost 25 percent in Sept. over Sept 2012—5,483 homes versus 4,393 HUD Code homes in 2012. The Manufactured Housing Association for Regulatory Reform (MHARR) further informs MHProNews total production for 2013 is […]
Manufactured Homes Production Up in Sept. Read More
Due to the generosity of Fairmont Homes of Nappanee, Indiana the RV/MH Hall of Fame and Museum now has a modern manufactured home to display along with all the other exhibits and historical information, according to a press release from the museum. Darryl Searer, president of the RV/MH said Fairmont
Hall of Fame Displays Complete Manufactured Home Read More
Following a story MHProNews published Oct. 24, 2013 regarding a pilot project to replace ten aging factory-built homes with new energy efficient manufactured homes in Vermont, realestaterama reports the occupants will see an immediate 70 percent reduction in their energy costs. The new dwellings feature triple pane windows, heat recovery
Project Replaces Aging Dwellings with New Manufactured Homes Read More
The yakimaherald.com in Washington reports the state department of transportation has temporarily banned manufactured homes from traveling Interstate 82 from Prosser, WA to mile marker 131 near the Oregon border. Wind gusts of up to 50 miles per hour were expected over the weekend, and the restriction is in effect
Manufactured Homes Banned from Interstate Read More
Kenneth D. Brown, 79, of Toddville, Iowa, a longtime member of the Iowa Manufactured Housing Association (IMHA) and owner of Bali Hai land lease community in Hiawatha, Iowa passed away Oct. 31. He was also co-owner of Brown and Dyer Construction, with Jim Dyer, and a cattle farmer for many
Passages: Kenneth D. Brown Read More
Updating an MHProNews post from Oct. 24 regarding the Federal Emergency Management Agency’s (FEMA) support for those displaced by the recent flooding in Colorado, CBS4.com reports from Evans, CO the government agency has extended temporary housing assistance for two weeks. The extension will allow some families to remain in hotels,
FEMA Extends Stay for Flood Displaced Victims Read More
Updating a story MHProNews posted Oct. 28 regarding the repurposing of the crumbling Packard Automotive Plant in Detroit into a modular home manufacturing facility by a Texas doctor and her investors, as of this writing that will not happen. The dallasobserver.com reports Dr. Jill Van Horn, a family physician in
Modular Home Manufacturing Plant Quashed Read More
The three major indexes all nudged up modestly to end the week as investors believe there is more room for the market to grow. CNNMoney reports the Dow Jones Industrial Average nudged up 69.80 points, +0.45 percent, to close at 15,615.55. The Nasdaq rose +0.06 percent, +2.33 points, to end
Tracked Housing Stocks Mixed; Three Major Indexes Gain Modestly Read More
Drew Industries, Inc. (NYSE:DW) reports net income of $14.8 million for Q3 2013, or $0.62 per share, compared to $9.8 million in net income for the same period of 2012, an increase of52 percent. Net sales in the third quarter 2013 hit $251 million, 11 percent higher than the comparable
Drew Posts Gains for Third Quarter 2013 Read More
A southbound truck tractor hauling a manufactured home on Interstate 35 in Lorena, Texas blew a tire, hit a barricade on the side of the highway and then struck another semi. No one was injured but the debris led to traffic being diverted onto an access road for several hours,
Blown Tire causes Manufactured Home to Crash Read More
ATCO Structures & Logistics has received a contract to provide modular housing facilities and site services for a 1,200 person workforce housing facility for the Shell Carmon Creek Project near the town of Peace River in northern Alberta, Canada. According to marketwatch, ATCO is partnering with the Woodland Cree First
ATCO Receives Workforce Housing Contract Read More
Cavco Industries, Inc. reports net revenue for the second quarter fiscal 2014 totaled $129.8 million, an increase of 17.9 percent over the $110.1 million for the comparable quarter of fiscal 2013. Net income for Q2 fiscal 2014 was $4.7 million, $2.0 million more than in the same quarter a year
Cavco Revenue Increases in Q2 Fiscal 2014 Read More
According to a recent Pew Research survey, 36 percent of college graduates are moving back in with their parents, unable to find good jobs and saddled with school debt. While they are saving money, it makes it more difficult to establish a credit history, especially if they have missed a
Student Debt may Hamper Housing Market for Years Read More
Although the last day of October distinguished itself by the three major indexes turning slightly red (losing), in fact the Dow gained over three percent and the S&P 500 gained nearly five percent on the month. CNNMoney reports the Dow Jones Industrial Average dropped -73.01 points, -0.47 percent, to close
Halloween Spooks most Tracked Housing Stocks Read More
MHProNews has learned from santamariatimes the Golden State Manufactured-Home Owners League (GSMOL) will partner with San Luis Obispo Mobilehome Residents Assistance Panel and North Santa Barbara County Manufactured-Homeowners Team to host an informational seminar for those living in manufactured homes. A variety of issues regarding living in manufactured homes will
Informational Seminar for Manufactured Community Residents Read More
Champion Home Builders, Inc. won several honors at the 2014 Jerry Rouleau Awards for Excellence in Marketing and Home Design, presented by the National Association of Home Builders’ (NAHB) Building Systems Council (BSC) during their “Showcase 24” held Oct. 21. The Excellence in Home Design is for the under-2,000 square
Champion Lives up to its Name Read More
The Department of Housing and Urban Development (HUD) will provide an additional $5 billion in relief funds to five states and New York City to supplement the $5.4 billion already granted in recovery efforts from Hurricane Sandy one year ago. New Jersey received $1.8 billion and will be getting an
Second Round of Funding for Rebuild Post Hurricane Sandy Read More
Following a story we last published July 9, 2013 regarding the possible acquisition of 224 homesite Spruces Mobile Home Park by the town of Williamstown, Massachusetts for possible future affordable housing, now the town selectmen want a vote taken in Dec. to move forward with returning the property to a
Flooded Manufactured Housing Community Returning to Natural State Read More
Continuing a tradition that began 22 years ago, Clayton Homes in Elkins, West Virginia, in coordination with 20 local businesses, sponsored its annual “Safe Trick-or-Treat” Tuesday night, Oct. 29 in a Clayton display home. General manager Judy Ritchie of Clayton says “We get phone calls starting two to three weeks
Clayton Homes Celebrates Halloween Read More
Investors were not encouraged by the Federal Reserve’s decision to continue its quantitative easing in support of the economy as all three indexes fell modestly. CNNMoney reports the Dow Jones Industrial Average dropped -61.59 points, -0.39 percent, to close at 15,618.76. The Nasdaq fell -0.55 percent, -21.72 points, to finish
Nearly All Tracked Housing Stocks and Three Major Indexes Fall Read More
