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.

Modular Housing Growing in England

England’s modular builder Easybase Home Limited was founded seven years ago and recently moved with its staff of 18 to a larger facility where it intends to hire up to 300 people over the next 12 months. East Lancashire designer Ian Chew spent two years designing the steel-famed brick-clad semi-detached […]

Modular Housing Growing in England Read More

Modular Housing Rising in West Africa

Ghana, in West Africa is beginning a 5,000 modular housing project to provide affordable housing in Sege, in the Dangme East District. Deputy Minister for Water Resources, Works and Housing, Sampson Ahi says building will begin next month. A Brazilian construction company will install the homes which are being built

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Collaborative Effort will Improve Lives of Manufactured Home Residents

Realizing the importance of manufactured home communities as supportive social networks, Karen Chase helped organize the Housing Stock Upgrade Initiative—now a non-profit called ReHome Oregon—to repair, rehabilitate, and replace manufactured homes. With help from a variety of federal, state and local public and private entities, residents of manufactured homes in

Collaborative Effort will Improve Lives of Manufactured Home Residents Read More

Three Major Indexes Gain on the Month; Tracked Housing Stocks Mostly Close Up

Stocks responded little to the Federal Reserve’s decision to leave the bond-buying program intact, but all three indexes gained between four and seven percent on the month as July drew to a close. CNNMoney reports the Dow Jones Industrial Average dropped -21.05 points, -0.14 percent, to close at 15,499.54. The

Three Major Indexes Gain on the Month; Tracked Housing Stocks Mostly Close Up Read More

Modular Apartments Rise in Massachusetts

The skyline in Natick, Mass. just west of Boston is being altered by a three-story, 12-unit modular apartment building that will have a stucco siding. The 27 modules were manufactured in an Excel Homes facility in Pennsylvania, and will be assembled in three days, according to metrowestdailynews. The units have

Modular Apartments Rise in Massachusetts Read More

Green Courte Adds Two Communities to its Portfolio

Lake Forest, Ill.-based private equity real estate investment firm Green Courte Partners, LLC announces the acquisition of two all-age land lease communities in southern Maine. Incorporating 483 home sites, MHProNews has learned Town & Country Village in Lisbon and Maplewood Manor/Merry Meeting in New Brunswick will be managed by American

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Residents Offered Relocation Costs as Community Sets to Close

Updating a story MHProNews published July 3, 2013 regarding the anticipated closing of the Dallas West Mobile Home/RV community set for Aug. 31, current owner Cienda Partners has extended the final date to Jan. 31. Hispanic rights activist Carlos Quintanilla, representing the residents, had asked for $8,500 relocation allowance for

Residents Offered Relocation Costs as Community Sets to Close Read More

Rent Control Passes Massachusetts House

Updating a story MHProNews last published Feb. 15, 2013 regarding a freeze on rents residents of Easton Mobile Home Park won in Easton, Mass. in 2005, and then lost in 2011 when the freeze expired, community residents may see a rent control bill passed in the Mass. legislature that they

Rent Control Passes Massachusetts House Read More

Abandoned Manufactured Homes Set for Removal

The Housing and Redevelopment Authority (HRA) in Northfield, Minn. intends to purchase and demolish five pre-HUD Code homes in Florella’s Park that have been abandoned for many years, and will also begin the same process for six additional homes. The HRA had to appear in court with the manager of

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Three Major Indexes Barely Move; Most Tracked Housing Stocks Fall

Investors continue to cautiously wait for the Federal Reserve’s report tomorrow (July 31) following their two-day policy meeting. Even though housing prices continue to rise, the three major indexes moved little. CNNMoney reports the Dow Jones Industrial Average edged down -1.38 points, -0.01 percent, to close at 15,520.59. The Nasdaq

Three Major Indexes Barely Move; Most Tracked Housing Stocks Fall Read More

Battle Looms over Housing Finance Reform

As part of housing finance reform, the House Financial Service Committee passed a measure that will eventually eliminate Fannie Mae and Freddie Mac and pass the job of bundling most mortgages into marketable securities to private investors. Under the Protecting American Taxpayers and Homeowners (PATH) Act, the government would supervise

Battle Looms over Housing Finance Reform Read More

Nobility Homes: Poised to Regain the Crown?

Florida-based manufactured home producer Nobility Homes (NOBH) may become a good turnaround stock buy as baby boomers age and look for inexpensive housing in Central Fla. Currently saddled with a large inventory of new and pre-owned homes, Nobility has been run by CEO Terry Trexler since 1967, and with his

Nobility Homes: Poised to Regain the Crown? Read More

Manufactured Housing Residents May be at Risk using Generators

Portable home generators are often used during prolonged power outages, especially due to extreme weather occurrences. A study simulating carbon monoxide (C0) levels in detached and manufactured housing commissioned by the U. S. Consumer Product Safety Commission (CPSC) reveals that a generator that operates for 18 hours in a house

Manufactured Housing Residents May be at Risk using Generators Read More

Factory-built Housing Rises North

Sales of factory-built housing are increasing in Manitoba, Canada as first-time buyers and those reaching retirement seek affordable housing. The Modular Housing Association reports annual sales of modulars nearly doubled from 260 units in 2007 to 492 homes in 2012 for the entire province. Sales of manufactured housing through the

Factory-built Housing Rises North Read More

City to Build Modular Multifamily Affordable Housing

The Portland (Maine) Housing Authority is planning a 42-unit modular apartment building to provide housing for individuals and families who earn between $18,000 and $45,000 a year. With rents ranging from $535 to $1,000 a month, the $7 million project, Bayside Anchor, will be financed with federal tax credits. Projects

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Worker Injured at Palm Harbor Homes Plant

An electrical explosion and resulting fire at a Palm Harbor Homes facility in Fort Worth, Tex. sent a worker to the burn unit at Parkland Memorial Hospital in Dallas, Monday, July 29. He was conscious and alert when he was transported by helicopter ambulance after the electrical panel exploded and

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Center for Housing Studies says Housing Recovery is Real

While the Census Bureau says home ownership is at its lowest point in 15 years, Harvard University’s Joint Center for Housing Studies reports “After across-the-board declines in 2011, all major house price indexes registered significant increases in 2012.” As documentation, the Center says the March 2013 median house price was

Center for Housing Studies says Housing Recovery is Real Read More

Major Indexes Slide, most Tracked Housing Stocks Drop, but Nobility Rises

Investors stepped back from the dance floor today anticipating the Federal Reserve may announce it will begin to pare its bond buying in September, causing the three indexes to slide slightly. CNNMoney reports the Dow Jones Industrial Average edged up +3.22 points, +0.02 percent, to close at 15,558.83. The Nasdaq

Major Indexes Slide, most Tracked Housing Stocks Drop, but Nobility Rises Read More

TV Show no help to Manufactured Housing Image

The reality TV show “Duck Dynasty” about the backwoods family who started a lucrative duck call business and has now hooked up with Clayton Homes perpetuates the stereotype of people who live in manufactured homes (MH) as “rednecks,” an image the industry is trying to dispel. Kirk Walker of The

TV Show no help to Manufactured Housing Image Read More

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