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 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)
Rezoning Requested in Texas Read More
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
Strong History of Manufactured Homes in Montana Read More
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
Clayton Homes Sponsors Annual Fundraiser Read More
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
Index Notes Uptick in Housing Market Read More
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
Modular Complex Serves Mentally Ill Read More
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
Abandoned Manufactured Home Draws Ire, Cats Read More
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
In the wake of Hurricane Sandy last October that ravaged over 100 factory-built homes in Moonachie, New Jersey’s Vanguard and Metropolitan Mobile Home Park, of the 3,500 people statewide awarded rebuilding grants, only ten were for manufactured homes. The 400 residences in the two communities comprise one of the most
Manufactured Home Owners of Moonachie Miffed in Jersey Read More
With home sites priced from $14,900 to $34,900, 23 out of 32 sites have been sold in Phase 2 at Country Estates manufactured homes subdivision in Fort Myers, Florida, says LeeCorp Homes. The 55-plus deeded lot development, according to naplesnews.com, offers lot and home prices from the low-$100,000s. MHProNews has
74 Percent of Manufactured Home Sites Sold Read More
Creative Concrete Products, LLC of Mount Vernon, Washington produces and installs Duraskirt, a concrete re-leveling skirting for manufactured and factory-built homes produced before 1995 that rest on steel frames supported by piers instead of a foundation. A change in leveling may be caused by the ground settling, resulting in doors
Leveling Solution Available for Manufactured Homes Read More
As follow-up to a story MHProNews posted July 29, 2013 regarding a reality TV show about a backwoods Louisiana family that built a dynasty selling a duck call and hooked up with Clayton Homes, Clayton is now offering a limited edition home inspired by one of the show’s stars. Si
Reality Show Star Endorses Clayton Manufactured Home Read More
M SPACE Holdings LLC formed in 2001 to provide emergency modular housing for catastrophic events, but has since branched into building up-scale and workforce modular housing, especially in the Williston Bakken oil and gas development in North Dakota. The company currently has seven developments located across six different locations, and
Company Moved from Single Modular Homes to Housing Developments Read More
Investors continued to remain cautious on the economy but did push all three major indexes into positive territory. CNNMoney reports the Dow gained +76.10 points, +0.51 percent, to close at 15,072.58. Meanwhile, the Nasdaq moved up +0.89 percent, +33.42 points to end today’s trading at 3,807.76, while the S&P advanced
Most Housing Stocks Advance, as do Three Major Indexes Read More
A 100 home site manufactured housing community has been listed for sale in New South Wales, on the south east coast of Australia. Residents of Acacia Ponds Village near Mirambula pay $85 a week for site rent, and it is 83 percent occupied, making it a good investment because of
Australian Land Lease Community on the Block Read More
Board Chairman Leigh Abrams of Drew Industries, Inc. (NYSE:DW) sold 10,000 of the company’s shares on the market at an average price of $44.09 for a total haul of $440,900.00. Abrams now owns 73,287 shares with a value of $3,230,827, according to northforkvue.com. Dated Sept. 26, the transaction was disclosed
Drew Director Sells Shares Read More
Economists at Wells Fargo Securities indicate that 857,420 new households were formed in the U. S. during 2012, but the number of homeowners dropped by 237,750, the fifth straight year that figure has dropped, while the number of renters increased by 1.1 million. In 2012 single-family homes accounted for 28.5
Homeownership Falls, Rentals Rise Read More
The Manufactured Housing Association for Regulatory Reform reports official statistics from the U. S. Department of Housing and Urban Development (HUD) reveal production of manufactured housing rose to 5,886 HUD Code homes for Aug. 2013, a 5.5 percent increase over the 5,580 homes produced in August, 2012. For 2013, cumulative
HUD Code Manufactured Housing Production Rises in Aug. Read More
Freehold, New Jersey-based UMH Properties, Inc. has acquired manufactured home community (MHC) Rolling Hills Estates in Carlisle, Cumberland County, Pennsylvania. The 91 homesite community, situated on 34 acres, sold for $1,720,000, and brings the company’s holdings to 69 MHCs comprised of 12,900 sites, according to marketwatch.com. Samuel A. Landy, President,
UMH Acquires Community in Oil Exploration Area Read More
