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 Manufactured Housing Association for Regulatory Reform (MHARR) reports statistics from the Dept. of Housing and Urban Development (HUD) reveal production of HUD Code manufactured homes hit 4,151 units in Feb. 2013, six more than the 4,145 in Feb. 2012. Total industry production for 2013 is 3.2 percent higher than […]
MH Production Holds Steady Read More
MyWestTexas tells MHProNews housing supplier Goliath Industries, responding to the urgency one year ago for oilfield housing, quickly sited 21 leased modular housing units to accommodate 50 workers southwest of Odessa, Texas. From clearing the land to welcoming the first occupants took a mere four weeks, but now the company
Goliath Expanding in Texas Read More
North Korea’s saber rattling and talk that the Federal Reserve may end its stimulus program this summer pushed investors away from the dance floor, as all three major indexes slipped. CNNMoney reports the Dow Jones Industrial Average lost -0.76 percent, -111.66 points, to close at 14,550.35. The Nasdaq dropped -1.11
Manufactured Housing Composite Drops; Major Indexes Slide also Read More
The March 27 Webinar, Real Homes, Real Value: Improving Real Property Appraisals of Manufactured Homes sponsored by the Corporation for Enterprise Development (CFED), addressed the problems of getting accurate appraisals on manufactured homes across the country. Doug Ryan, Director of Affordable Homeownership Initiatives at the CFED, says the Innovations in
Appraisals of Manufactured Homes Often off Base Read More
In honor of Fleetwood Enterprises founder John C. Crean, the Crean Foundation has donated $60,000 to the RV/MH Hall of Fame’s “Burn the Bank Note” initiative to raise $150,000 by April 30, 2013, according to information MHProNews has received. The Robert “Boots” Ingram’s family challenge grant of $50,000 requires the
RV/MH Hall of Fame Nears Goal Read More
The marshallindependent reports from Marshall in southwest Minnesota that the Lyon County Board of Commissioners has approved a three-year tax abatement for a modular housing business seeking to move to a facility in Cottonwood, just north of Marshall. C. David Hoefer of Goshen, Ind. says the as yet unnamed company
Modular Builder to Open in Minnesota Read More
MHProNews has learned from delawarenewszap members of the Delaware Manufactured Home Relocation Authority (RTA) testified before the Joint Sunset Committee to extend the authority five more years. The HRA is set to sunset July 1, 2014. Established in 2003 to assist manufactured homeowners who need to relocate due to a
Relocation Authority to Continue? Read More
Stockhouse reports UMH Properties, Inc. (NYSE:UMH) has acquired the 274 homesite Holiday Mobile Village in Nashville, Tenn. for $7,250,000. Situated on approximately 68 acres with an occupancy rate of 82 percent, MHProNews has learned this purchase bumps UMH into owning 68 communities with 12,800 developed homesites. Samuel A. Landy, President,
UMH Acquires Tennessee Manufactured Housing Community Read More
The Advocate informs MHProNews from Clinton, LA north of Baton Rouge, the Police Jury has a new ordinance that governs the siting of manufactured homes in unincorporated areas of the parish. The version chosen was the one supported by the parish’s Planning and Zoning Commission over one proposed by jury
Parish Votes on New Siting Ordinance Read More
Strength in the health care sector sent the Dow to another record high, as all three indexes advanced in today’s trading. CNNMoney reports the Dow Jones Industrial Average gained +0.61 percent, +89.16 points, to close at 14,662.01. The Nasdaq moved up +0.48 percent, +15.69 points, to close at 3,254.86, while
Dow Reaches New High; Deer Valley Spikes Read More
According to the Conference of State Bank Supervisors, nationalmortgagenews says as of April 1, 2013, 20 states have signed on to a uniform state test for loan originators, allowing them to operate in those states without being re-tested. Another six states will be on board by October. As MHProNews has
Loan Originators Gain Common Ground Read More
DelMarVa report from north of Millsboro Del. owner Helen Cropper has been unable to repair the drinking water problem at Forest Park MHC, and will now have to raise rents to pay for the fix. In he past ten years the water has had an unacceptable level of nitrates 95
Community Water Problems Flowing Read More
According to gosanangelo, the San Angelo City Council in south central Texas is anticipating the arrival of oil field workers and wants to legally define where the expected RVs will locate. Currently they are allowed in manufactured home communities, but cannot exceed over 30 percent of the units sited there.
Oil Field Workers Expected Read More
The Manufactured Housing Institute (MHI) reports home manufacturers Clayton Homes, Fleetwood Homes, Golden West Homes, Hallmark Homes, Karsten Homes, and Skyline Corp. will partner with the Calif. Manufactured Housing Institute and the Systems Building Research Alliance to research new and innovative envelope systems. With wall and roof building technologies expected
Various Entities Collaborate on Envelope Research Read More
HousingWire informs MHProNews that in January, 2013 applications for loans insured by the Federal Housing Administration (FHA) rose to 147,509, an increase from 127,057 in December and up from 126,835 January 2012. In January the FHA insured 134,461 single-family homes, an increase from 113,856 the prior month and 102,011 from
FHA-backed Loan Numbers Rise Read More
Increased optimism, higher attendance and more sales by factory-builders were reported by those who attended the 2013 Tunica Manufactured Housing Show. Kevin Flaherty, Vice President of Marketing at Champion Enterprises, told MHProNews that “Champion had a very successful show with most retailers citing a significant increase in lot traffic starting
2013 Tunica Manufactured Housing Show – by the Numbers Read More
The Institute for Supply Management’s monthly manufacturing index for March registered 51.3., lower than estimates of 54.0 and also below the Feb. numbers, according to CNNMoney, which also noted that many traders had not returned from the holiday weekend. The three major indexes closed down slightly. The Dow Jones Industrial
Stocks Remained Listless on the First Day of Q2 Read More
Updating an article we posted Feb. 11, 2013 regarding Clayton Homes’ teaming with teacher Patricia Bradley to open Tenn.’s first STEM (science, technology, engineering and math) school, KnoxNews says the Clayton-Bradley Academy in Maryville has hired a full staff of teachers and enrolled half of the anticipated K-6 students. Adjacent
Clayton-Bradley Academy set to Open Read More
Writing in the albirminghamnews, Professor Scott Bealuier of Troy University says to speak of a housing market recovery is premature. He says the recovery so far is minor when compared to what the housing market was pre 2006. It’s now a government-driven recovery supported by the Fed’s monthly purchase of
Housing Market in Recovery Room Read More
RVBusinses informs MHProNews Elkhart County, Indiana led the nation in job growth for the period Sept 2011 to Sept. 2012 for the largest U. S. counties, with 6.9 percent versus the national rate of 1.6 percent, according to the Bureau of Labor Statistics. While Elkhart hosts several component suppliers to
Elkhart Tops the Nation Read More
