Manufactured and Modular Housing News

FED’s QE plans, Syria spook investors, stocks slide, but MH composite rises Read More

FED’s QE plans, Syria spook investors, stocks slide, but MH composite rises

By MHProNews / August 26, 2013 / Manufactured and Modular Housing News

Questions about the timing of the FED’s QE bond buying, coupled with concerns that the U.S. may become involved in Syria’s civil war caused investors to pull back, CNN Money told MHProNews as the Dow slid to a close of 14,946.46, down -64.05 (-0.43%). Meanwhile, the Yahoo! Finance Manufactured Housing Composite

Tea Party Republicans challenging Incumbents over SAFE Act, Constitutional issues Read More

Tea Party Republicans challenging Incumbents over SAFE Act, Constitutional issues

By MHProNews / August 26, 2013 / Manufactured and Modular Housing News

Two tea party Republicans serving on the Wilton Republican Committee are part of what may be an re-emerging pattern within the ranks of the party. Not unlike the 2010 Tea Party revolution that brought dozens of Republicans into the House of Representatives, local candidates Rob Arrigo and Elaine Gerber are

CA MHC resident says ‘Home Owners Association’ doesn’t speak for her or Residents Read More

CA MHC resident says ‘Home Owners Association’ doesn’t speak for her or Residents

By MHProNews / August 26, 2013 / Manufactured and Modular Housing News

A letter to the editor of the ukiahdailyjournal by Judy DeBeni, a resident of Lake Mendocino Mobile Home Estates, in Ukiah CA brings to light an issue that goes well beyond her land lease community. DeBeni writes: “Sue Everett, in her letter of Aug. 7, claims to represent the residents

Maine Offers Energy Star Manufactured Home replacement plan for pre-1976 Mobile Home owner/residents Read More

Maine Offers Energy Star Manufactured Home replacement plan for pre-1976 Mobile Home owner/residents

By MHProNews / August 26, 2013 / Manufactured and Modular Housing News

MaineHousing’s tells MHProNews about their pre-1976 Mobile Home Replacement Initiative, which provides income-eligible Maine residents with an opportunity to replace the pre-1976 mobile home they own and occupy as their primary residence with a new Energy Star-certified manufactured home. The initiative combines an amortizing, interest-bearing MaineHousing mortgage loan with a $30,000

MHC Residents Protest City, FEMA Decision Read More

MHC Residents Protest City, FEMA Decision

By MHProNews / August 26, 2013 / Manufactured and Modular Housing News

Residents of Fox Point manufactured home community in Wheeling, IL protested the town and FEMA’s actions that could keep them from re-occupying homes damaged in floods last April. The dailyhearld tells MHProNews that about two dozen picketers carried signs reading, “Stop discriminating” and “We are poor, not stupid,” as they

Higher Mortgage Rates Cause Pause, may Fuel more Home Sales soon Read More

Higher Mortgage Rates Cause Pause, may Fuel more Home Sales soon

By MHProNews / August 26, 2013 / Manufactured and Modular Housing News

The National Association of Home Builders (NAHB) tells MHProNews that sales of newly built, single family homes declined in July 13.4%, to a seasonally adjusted annual rate (SAAR) of 394,000 units. “The drop-off in sales in July is in part a reflection of buyers’ reaction to the recent uptick in

NW economists, how to taper without killing housing, Day Two of Stock Rebound Read More

NW economists, how to taper without killing housing, Day Two of Stock Rebound

By MHProNews / August 23, 2013 / Manufactured and Modular Housing News

Day two of the rebound from stocks saw the Dow close at 15,010.51, +46.77 (+0.31%). CNN-Money tells MHProNews that some investors may have taken hope in a new academic paper from Northwestern University economists Arvind Krishnamurthy and Annette Vissing-Jorgensen presented at the annual meeting of central bankers in Jackson Hole, WY,

High Demand for Manufactured Homes in Manitoba, but limited spaces in MH Communities Read More

High Demand for Manufactured Homes in Manitoba, but limited spaces in MH Communities

By MHProNews / August 23, 2013 / Manufactured and Modular Housing News

Demand for Canada’s version of manufactured housing is rising rapidly in Manitoba, at the very time spaces in provincial land lease communities are scarce. With single family home sales in the region averaging $285,000, a new manufactured home in Manitoba for $115,000 looks very reasonable. So it is no surprise

City seeks balance on Rent control issue? Read More

City seeks balance on Rent control issue?

By MHProNews / August 23, 2013 / Manufactured and Modular Housing News

The Lakeport, CA City Council voted to wait for a report from an agency before proceeding on a proposed rent control initiative that has enough petitioners to achieve ballot status. Save our Seniors (SOS) members derided the decision. SOS leader, Nelson Strasser. said: “When the park owners have to bring

Green Courte buys another ‘Senior’ Manufactured Home Community Read More

Green Courte buys another ‘Senior’ Manufactured Home Community

By MHProNews / August 23, 2013 / Manufactured and Modular Housing News

Green Courte Partners, LLC announced the acquisition of Lamplighter Manufactured Home Community, an age-restricted land-lease community, containing 260 home sites, located in Port Orange, Florida. Green Courte engaged American Land Lease, Inc., a wholly-owned subsidiary of its second fund, Green Courte Real Estate Partners II, LLC, to manage the community.

Council votes to house EMS in Manufactured Home Read More

Council votes to house EMS in Manufactured Home

By MHProNews / August 23, 2013 / Manufactured and Modular Housing News

The Bertram City, TX council voted to house their EMS unit in a manufactured home, rather than spend more time and money building a conventional structure. Bertram, about 45 miles from the state capitol of Austin, decided on August 20th 4 to 1 in favor of the measure, budgeting $35,000

Texas Gains at CA, IL and NY Expense Read More

Texas Gains at CA, IL and NY Expense

By MHProNews / August 23, 2013 / Manufactured and Modular Housing News

Texas is not only the biggest state in the U.S. in terms of manufactured homes built and shipped, it is also ranked #1 for a pro-business environment by Chief Executive Magazine and now the Dallas Morning News reports it is one of the top 3 states in attracting people –

Emergency Quadruple Bypass Surgery for RV/MH Hall of Fame President Darryl Searer Read More

Emergency Quadruple Bypass Surgery for RV/MH Hall of Fame President Darryl Searer

By MHProNews / August 22, 2013 / Manufactured and Modular Housing News

Darryl Searer, president, RV/MH Hall of Fame is progressing well today after undergoing a successful emergency quadruple bypass surgery yesterday morning at the Memorial Hospital in South Bend, according to Barry Cole, Hall chairman of the board. Cole said, “Over the past weekend Darryl suffered what he considered possibly symptoms

Louisville 2014: Manufacturers Space Sold Out Read More

Louisville 2014: Manufacturers Space Sold Out

By MHProNews / August 22, 2013 / Manufactured and Modular Housing News

With almost 5 months before the show starts, Dennis Hill with Show Ways Unlimited has told MHProNews that the manufacturers floor space is sold out. This is a good sign of the momentum being built during the last 3 years since the show was canceled in 2010. In 2011 there

Rent Control Victors Get Subdivision OK’d by city Read More

Rent Control Victors Get Subdivision OK’d by city

By MHProNews / August 22, 2013 / Manufactured and Modular Housing News

The battle over rent control in Capitola, CA’s Sand and Surf manufactured home community is one that MHProNews has tracked for industry readers over the years, in Daily Business News articles like the one linked here. HK&C Law has announced that Capitola has now “quietly” approved the long sought subdivision.

Trading Halted, Dow’s 6 Day Slide Ends Read More

Trading Halted, Dow’s 6 Day Slide Ends

By MHProNews / August 22, 2013 / Manufactured and Modular Housing News

A “technical glitch” caused trading on the NASDAQ to halt for some 3 hours today. Meanwhile, CNN Money tells MHProNews that the Dow’s 6 days slide ended, as the market closed at 14,963.74, up $66.19 (+0.44%). The Yahoo! Financial Manufactured Housing Composite Value: 939.3, +1.63%. Cavco Industries lead gainers, 55.98 +2.86‎ (5.38%‎).

Modular Homes becoming a new Jersey Shores thing Read More

Modular Homes becoming a new Jersey Shores thing

By MHProNews / August 22, 2013 / Manufactured and Modular Housing News

Updating the recent story on Scranton PA based Westrum Development is installing a two story Cape Cod modular home on the post hurricane Sandy Jersey shore the firm built in just 28 days. Cost for Westrum’s three-bedroom modular home, says totalmortgage and the Wall Street Journal, is $179,000. 10 homeowners