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.
According to tampabay, the Hernando County Commissioners meeting in Brooksville, Fla. are considering reinstating an ordinance similar to one originally passed in 2000 that required homes in single-family residential neighborhoods to look the same. The ordinance was eliminated in 2010 because it was an unnecessary regulation that necessitated too much […]
Modular Homes may be Regulated Again Read More
A modular home builder with operations in Aberdeen, South Dakota is hoping to open a facility in Fort Yates, North Dakota to provide housing for the Bakken Oil Field boom. As bismacktribune tells MHPronews, the ATechBuilder Corp. expects to hire 45 full time employees to build the 1,100 to 2,500
Another Home Supplier to Western North Dakota Read More
In a special report to MHProNews from the BrenhamBanner in Brenham, Texas, the city council reversed an earlier vote and decided to grant a request for a 106-site manufactured home subdivision. The original request from Adolph Wehmeyer for a road frontage variance was denied—city codes call for 200-400 feet frontage
Council Votes a Variance for New Manufactured Home Community Read More
MHProNews has learned while many indicators continue to show improvement in the housing market, sales of existing homes nudged down 0.6 percent in March from Feb. to an annualized rate of 492,000, but rose 10.3 percent from last Feb. CNNMoney reports average time homes were on the market fell from
News on Housing Market Still Good Overall Read More
BizJournals informs MHProNews Yogi Bear’s Jellystone Park in New York’s Wyoming County has been acquired by Sun Communities, Inc. of Southfield, Mich. The 100-acre family camping resort, which includes cabins, tent and RV sites, has been owned and operated by Sue and Scott Crumpton since 2004, and has a variety
Sun Rises in NY for First Time Read More
Despite a disappointing housing industry sales report and mixed news from several Fortune 500 companies, the three indexes managed modest gains to begin the week. CNNMoney reports the Dow Jones Industrial Average managed to add +0.14 percent, +19.66 points, to end the day at 14,567.17. The Nasdaq moved up +0.86
Three Major Indexes Nudge up Despite Poor Housing News Read More
Zanebenefits informs MHProNews that the 53 employees of modular builder Cardinal Homes of Wylliesburg, Vir. are getting a tax deductible health care plan that saves 76 percent on health care benefits. The Defined Contribution ZaneHRA plan gives employees a choice for their medical care while continuing to give corporate control
Plan Holds Down Health Care Costs Read More
MHProNews has learned from the burlington freepress in Vermont that residents of Windemere Mobile Home Park in Colchester, VT may finally realize a solution for the low water pressure and sewage problems in their community. Owned by the non-profit Housing Foundation, Inc. (HFI)n the 83 homesites have a water supply
Project Funding would turn Dribbles into Flow Read More
The Dept. of Housing and Urban Development’s ManuFACTured Housing Newsletter reports the Manufactured Housing Consensus Committee (MHCC) announces the appointment of three new members of the committee and the reappointment of six members, including the chairman, Richard Weinert. New members include: Debra Blake, Deputy Dir. for the MH Office, Arizona
New Members of the Manufactured Housing Consensus Committee Read More
StreetInsider reports Universal Forest Products, Inc. has declared a semi-annual dividend of $0.20 a share, $0.4 annualized. Payable on June 15 , 2013 to shareholders of record as of June 1, 2013, the annual yield is 1.1 percent. As MHProNews reported April 18, net earnings for UFPI were up 25.7
UFPI Reports Dividend Read More
CNNMoney informs MHProNews Federal Reserve Governor Sarah Bloom Raskin says now that the housing market is improving, middle class families who have not been able to take advantage of the low interest rates may now have that opportunity. Speaking at the Levy Economics Institute’s Minsky Conference, Raskin said, “As house
Housing Recovery should help Middle Class Read More
Although the stock market suffered its worst week of the year with all three indexes having lost over two percent, they did manage to end the day on a positive note, as the Nasdaq gained over one percent. CNNMoney reports the Dow Jones Industrial Average nudged up +0.07 percent, +10.37
Cavco, Skyline Gain; Major Indexes Down on the Week Read More
As the population growth in rural communities is challenging the parameters set by the U. S Dept. of Agriculture’s rural housing programs, Senators Tim Johnson (D-SD) and Pat Roberts (R-KS) have proposed a bill to raise the population cap from 25,000 to 35,000 so homeownership continues to be available for
Homeownership Lending to be Maintained in Rural Areas Read More
Individuals and companies were honored for outstanding achievement in the manufactured and modular housing industry at the 2013 National Congress and Expo awards luncheon held in Las Vegas April 17, 2013. Those recognized for their contributions are as follows: LAND-LEASE COMMUNITY OF THE YEAR (Northeast/Mid-Atlantic)—Calverton Meadows, Calverton NY (South) –
National Industry Leaders Honored at 2013 Congress and Expo Read More
According to ADVFN, Drew Industries, Inc. (NYSE:DW) will release its 2013 first quarter earnings report Fri. May 3, 2013 before the market opens, followed by a conference call at 11 AM EST that morning to discuss the results. While participation in the question and answer segment of the webcast will
Drew to Release Financials Read More
CNNMoney tells MHProNews some industry experts forecast the housing recovery may not last. While home prices have risen eight percent, investors are driving the surge, taking advantage of low interest rates and depressed home prices. When rates and home prices rise, the recovery may stall, especially as investors receive a
Housing Recovery? Perhaps Not Read More
MHProNews has learned from WWLP-22 in Northampton, Mass. one man was killed and two others were injured when one of two modular units shifted while the workmen were connecting the two modules, pinning two of the men. Alfred Cabiya died at the scene, but one of the other men had
One Man Dies when Modular Unit Shifts Read More
Wired tells MHProNews the Dutch city of Nijmegen is collaborating with over 20 architects to provide a range of 29 modular flat pack affordable homes for first-time homebuyers. Targeted to those with annual incomes of $40,000 to $60,000, the stylish designs are far better than the block homes that were
Modular Affordable Homes for the Dutch Read More
Stocks slid for a second consecutive day on tepid news from the technology and financial sectors, which some are terming an “overdue sell-off,” as all three major indexes nudged downward. CNNMoney reports the Dow Jones Industrial Average fell -0.56 percent, -81.45 points, to end the day at 14,537.14. The Nasdaq
UFPI Registers Significant Gain; Three Major Indexes Fall Read More
Following up on a story MHProNews posted April 17 concerning residential rental property in the Iowa legislature that would provide a tax break for manufactured housing communities, Joe Kelly of the Iowa Manufactured Housing Association (IAMHA) says the House rewrote SF 295 that the Senate had passed and returned it
Iowa Legislature Weighs MHC Tax Reform Read More
