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.

Tunica Manufactured Housing Show Opens

Over 2,000 retailers, community owners/operators, builders/developers, installers, factory builders, lenders, suppliers, association leaders and exhibitors will be in Tunica, MS for the largest industry trade show of 2013. Dozens of the latest models including developer and community series homes will be on display. Attendees will range from the rank and […]

Tunica Manufactured Housing Show Opens Read More

Modular Homes on Agenda for Workshop Series

DNAinfo informs MHProNews the third in a series of Hurricane Sandy Recovery Workshops took place March 26 in Staten Island, with representatives from the mortgage industry, an architect, and a flooring specialist on hand to educate attendees. Topics included modular homes, restoring damaged credit, and loan and grant options available.

Modular Homes on Agenda for Workshop Series Read More

Residents Seek State Protection from Landlord

According to lehighvalleylive residents of Greenbriar Valley manufactured housing community (MHC) in east-central Penn. allege owner Equity LifeStyle Properties, Inc. (ELS) is unjustly raising their rents and they are seeking protection, as they approach April 18 when rents for the 319 site community will rise again. One residents says his

Residents Seek State Protection from Landlord Read More

Mini Modular Apartments have Maximum Storage

According to EarthTechling, Panoramic Interests is developing a LEED Platinum, 23 modular- unit housing development in a building in San Francisco with solar water heating, low flow faucets, water cachement and other green features packed into 295 square foot units with natural light and ventilation. The 16 modules were built

Mini Modular Apartments have Maximum Storage Read More

Dow Gains 100+ Points; Tracked Housing Closes Mixed

Better-than-expected news on the housing market and durable goods orders pleased investors as the Dow topped 100 points and the other two major indexes gained as well. CNNMoney reports the Dow Jones Industrial Average moved up +0.77 percent, +111.90 points, to close at 14,559.65. The Nasdaq gained +0.53 percent, 17.18

Dow Gains 100+ Points; Tracked Housing Closes Mixed Read More

Inmates Prevented from Building Modular Homes

According to what cjonline tells MHProNews, the Kansas House of Representatives passed SB 74 that restricts prison programs in which inmates build modular homes, with proponents saying the correctional system should not compete with private enterprise. The vote was 87-32 in favor of the restriction. An amendment to permit the

Inmates Prevented from Building Modular Homes Read More

New Single-family Home Sales Drop

According to nationalmortgagenews the sale of new single-family homes dropped in February 4.6 percent from January on a seasonally-adjusted annual rate (SAAR) to 411,000, although last month’s sales still rose 12.3 percent over February 2012. The seasonally adjusted number of new homes available at the end of February hit 152,000,

New Single-family Home Sales Drop Read More

ATCO Wins Top Honors

MHProNews has learned from PRWeb that modular builder ATCO Structures & Logistics was honored several times at the Modular Building Institute (MBI)’s 2013 Awards of Distinction. First place in the permanent modular commercial housing category was for MEG Energy Pirate’s Cove Lodge near Christina Lake that is as much resort

ATCO Wins Top Honors Read More

Housing Market may Surpass Manufacturing

Reuters informs MHProNews despite the tightness of credit for residential mortgages, the housing market is threatening to take the lead from manufacturing in terms of overall economic activity, as home prices posted their largest year-over-year gain in six and-one-half years in January. While core durable capital goods orders (non-defense and

Housing Market may Surpass Manufacturing Read More

Zip Code Study: House Prices Continue their Climb

According to nationalmortggenews, Lender Processing Services (LPS) informs MHProNews home prices in January, 2013 rose 0.3 percent from the previous month. In its survey of 15,500 zip codes, the Home Price Index (HPI) rose 6.7 percent from January 2012. The largest month-over-month gain was 1.6 percent in Georgia, while the

Zip Code Study: House Prices Continue their Climb Read More

Major Indexes Nudge Down; Tracked Housing Stocks Mixed

U.S. stocks slipped in today’s trading as investors expressed concerned about the financial crisis in Cyprus and how that might affect the ongoing troubles in Eurozone countries. CNNMoney reports the Dow Jones Industrial Average dropped -0.44 percent, -64.28 points, to close at 14,447.75. The Nasdaq fell -0.30 percent, -9.70 points,

Major Indexes Nudge Down; Tracked Housing Stocks Mixed Read More

New Modular Homes Replace Duroville

Updating a story we covered Oct. 16, 2012 concerning the federal court-ordered closing of Duroville, an MHC in the Coachella Valley in California, and home to some 4,000 mostly migrant workers, 70 of the families have been relocated to Mountain View Estates, a government-subsidized development of 181 new modular homes,

New Modular Homes Replace Duroville Read More

Strong Loan Performance from Manufactured Home Mortgages

RuralHome.org informs MHProNews the Corporation for Enterprise Development (CFED), a non-profit dedicated to expanding opportunity for low-income families and communities in the U. S., reports manufactured home borrower repayment records are comparable to site-built mortgage borrowers, and in some cases were better than comparable general mortgage portfolios. CFED’s report, Toward

Strong Loan Performance from Manufactured Home Mortgages Read More

Sun Communities, Inc. Declares Dividend

ZolmaxNews reports Sun Communities, Inc. (SUI) of Southfield, Mich. says it will pay a quarterly dividend of $0.63 per share on Friday, April 19 to investors of record April 1, 2013. Representing a $2.52 annualized dividend, the dividend yield is 5.29 percent. BMO Capital Markets, commenting on the stock, upgraded

Sun Communities, Inc. Declares Dividend Read More

Factory-built Homes are Beyond Repair

Four uninhabitable manufactured homes at Florella’s Park in Northfield, Minn. that have been empty for years will be removed by the Housing and Redevelopment Authority (HRA) using funds from a Housing and Urban Development (HUD) Block Grant, as southernminn tells MHProNews. According to federal standards, HRA must acquire the homes

Factory-built Homes are Beyond Repair Read More

Modular Requirements to be Amended

According to gobogalusa in Louisiana, the Washington Parish Planning Commission is considering proposed guidelines that will require modular homes be subject to the same requirements and provisions as stick-built homes. Currently, the parish exempts modular structures ten feet by twelve feet or smaller, but under the new ordinance all modular

Modular Requirements to be Amended Read More

Oklahoma Revises Manufactured Home Installation

The Manufactured Housing Association of Oklahoma (MHAO) tells MHProNews the rules on the installation of new and used MH have been revised. New homes have to follow the plans laid out by the manufacturer or the engineer/architect, and the homeowner is not responsible for site preparation. For used homes, the

Oklahoma Revises Manufactured Home Installation Read More

Sun Rises Nicely; Three Major Indexes Nudge Up

U. S. stocks responded to hopes that Cyprus will resolve its banking problem, as the three major indexes all inched upwards to end the week. CNNMoney reports the Dow Jones Industrial Average gained +0.63 percent, +90.54 points, to close at 14,512.03. The Nasdaq moved up 0.70 percent, 22.40 points, to

Sun Rises Nicely; Three Major Indexes Nudge Up Read More

Feb. Marks Best Home Sales since 2009

Very much in line with what we have been hearing, CNNMoney tells MHProNews the National Association of Realtors reports the sale of existing homes reached a seasonally-adjusted annual rate (SAAR) of 4.98 million in February, ten percent above February 2012 but only slightly better than January 2013. It was the

Feb. Marks Best Home Sales since 2009 Read More

Home Sales Rising in Sunshine State

According to nationalmortgagenews, home sales in Florida are up over ten percent in Feb. compared to Feb. 2012, marking the 14th consecutive month of increasing year-over-year sales. Pending sales are up 27 percent for the same time period, and the median sales price of $150,000 has risen 13 percent from

Home Sales Rising in Sunshine State Read More

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