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.

Debunking the ‘Un-healthy’ Myth of Factory Built Housing; superiority of systems building

By / / Manufactured and Modular Housing News

MHProNews has learned that the presentations made at the 2011 Healthy Homes Conference have become available, including “Debunking the “Un-healthy” Myth of Factory Built Housing and Its Use as a Superior Healthy Building Alternative” by Michelle Roberts & Rick Terry. The conference was supported by various agencies, including the Department […]

Debunking the ‘Un-healthy’ Myth of Factory Built Housing; superiority of systems building Read More

Cavco to announce Second Quarter Fiscal Year 2012 Earnings Release and Webcast review

By / / Manufactured and Modular Housing News

MHProNews has learned that Cavco Industries, Inc. will release their second quarter 2012 results on November 4th after the close of the market.  Their senior management will discuss the second quarter results in a live webcast the following day, Friday, November 4, 2011 at 12:00 noon Eastern Time.  Cavco Industries

Cavco to announce Second Quarter Fiscal Year 2012 Earnings Release and Webcast review Read More

Ayote notes changes in vanishing tradition of a manufactured home retirement in Florida

By / / Manufactured and Modular Housing News

FloridaToday reports that fewer retirees are selling homes up north and are coming to Florida for retirement to live “happily ever after,” said Jim Ayotte, Executive Director of the Florida Manufactured Housing Association and the Manufactured Housing Executives Committee (MHEC) chairman.  “It’s unfortunate that everyone is zoning out mobile homes.

Ayote notes changes in vanishing tradition of a manufactured home retirement in Florida Read More

Uptick Noted for Drew Industries Stock

By / / Business, Company News, Factory-Built Homes, Manufactured and Modular Housing News, Manufactured Homes, RV, Stocks

Zacks reports SmarTrend marks Drew Industries in an uptrend, noting the stock for this manufacturer of components for MH and RVs has risen nearly 24 percent in two months. The online analyst says August 29 the stock was at $19.89 and is now at $24.03. The range over the past

Uptick Noted for Drew Industries Stock Read More

Modular Vacations on Cape Cod

By / / Business, Company News, Factory-Built Homes, Manufactured and Modular Housing News, Manufactured Homes, Modular, Trends

CapeCodTimes reports Jacques Lapointe, owner and developer of Pleasant Bay Homes of East Harwich, Massachusetts, has placed nearly 200 modular homes on the Cape since 1999. The most recent is a 4,600 square foot five-bedroom home overlooking the Atlantic Ocean in Orleans, MA for Dee Overton. “This was a paper

Modular Vacations on Cape Cod Read More

Dow Drops Despite Best Month Since 1987; Palm Harbor Spikes 80% Plus

By / / Manufactured and Modular Housing News, Stocks

CNNMoney reports the Dow Jones Industrial Average fell 276.10 points during the day to close at 11,955.01, a loss of 2.26 percent as Japanese intervention in the currency market caused the dollar to rise and U.S. stocks to fall. However, the month of October still has been the best since

Dow Drops Despite Best Month Since 1987; Palm Harbor Spikes 80% Plus Read More

Bernanke in the Ring: “It’s a left, then a right, another left …!!”

By / / Advocacy, Business, Economy, Manufactured and Modular Housing News, regulation

WashingtonPost reports Ben Barnanke will get pounded from the left and the right at this week’s Federal Reserve policy making committee. Half of the ten member committee disagrees with his monetary policy. The conservatives say he is doing too much; the liberals saying he is not doing enough. “A growing

Bernanke in the Ring: “It’s a left, then a right, another left …!!” Read More

Water and Oil: A Tough Mix in Minot

By / / Communities, Factory-Built Homes, home buyers, Manufactured and Modular Housing News, Manufactured Homes, People

MHProNews has learned of a letter sent to the Minot Daily News from a woman whose single-mother daughter wisely moved her manufactured home out of the flood zone in advance of the raging Souris River this past spring, but now has no place to site it. The original community, Valerie

Water and Oil: A Tough Mix in Minot Read More

TX State Exec for the departing Thayer Long’s post?

By / / Manufactured and Modular Housing News

MHProNews asked DJ Pendleton, the Executive Director for the Texas Manufactured Housing Association (TMHA), to comment about his being approached by MHI’s leadership to fill the role by the departing Thayer Long.  “I was exceptionally flattered to be mentioned as a potential replacement for Thayer, especially after I saw the

TX State Exec for the departing Thayer Long’s post? Read More

Dow Rests Following Huge Rally; Nobility Homes Spikes

By / / Business, Manufactured and Modular Housing News, Stocks

CNNMoney reports the Dow Jones Industrial Average rose a mere 22.56 points during the day, as investors stepped back from yesterday’s blockbuster. However, the month of October has seen the value increase 12 percent, and the gains have been the best since January 1987. The Dow closed at 12,231.11, a

Dow Rests Following Huge Rally; Nobility Homes Spikes Read More

Roll Call: Vets to Muster in Modular Home Community

By / / Business, Communities, Company News, Factory-Built Homes, home buyers, Manufactured and Modular Housing News, Modular, People

LIBN reports from Smithtown on Long Island in New York that Veritas Villages of America plans to build 560 affordable modular homes, apartments and townhouses for U.S. military veterans and their families. Veritas intends to win grants from the federal government to provide veterans housing and qualify for the HUD-VASH

Roll Call: Vets to Muster in Modular Home Community Read More

The New HARP: Performing for a Larger Underwater Audience

By / / Business, Economy, Finance, home buyers, Manufactured and Modular Housing News, People, regulation

MHProNews has learned in a report from DSnews the Federal Housing Financing Agency (FHFA) has redesigned HARP (Home Affordable Refinance Program) to bolster more underwater homeowners, and thereby buoy the housing market a little longer. Originally, only those who owed more than 25 percent above the value of their home

The New HARP: Performing for a Larger Underwater Audience Read More

MH Dealer Facing New Charges

By / / Business, Company News, Factory-Built Homes, Manufactured and Modular Housing News, Manufactured Homes, mobile home, People

KRGVTV reports from Laferia, Texas, that an MH dealer with two pending civil cases against it has received a fresh batch of accusations alleging fraud. Park Girl in Laferia, in south Texas, has been accused of taking deposits for manufactured homes and then breaking the contract without returning the money.

MH Dealer Facing New Charges Read More

Bailout Estimate Falls. FHFA Funds GSEs; GSEs Pay FHFA Dividends. Any Questions?

By / / Business, Economy, Finance, home buyers, Manufactured and Modular Housing News

MHProNews has learned from NationalMortgageNews the Federal Housing Finance Agency (FHFA) now estimates it will cost $52 billion less to bail out Fannie Mae and Freddie Mac because of better than expected results of the GSEs (government sponsored enterprises). The agency’s original estimate was between $221 billion to $330 billion,

Bailout Estimate Falls. FHFA Funds GSEs; GSEs Pay FHFA Dividends. Any Questions? Read More

Modular Manufacturer Hangs up the Hammers

By / / Business, Company News, Economy, Factory-Built Homes, home buyers, Manufactured and Modular Housing News, Manufactured Homes, Modular, People

BoonvilleDailyNews reports from Boonville, Missouri, that modular home builder Fuqua Building Systems closed its plant here and its office in Bend, Oregon, earlier this month after over 40 years in business. At one time employing 175 in Boonville, Fuqua had ceased operations in May after a series of layoffs since

Modular Manufacturer Hangs up the Hammers Read More

Sparks fly on NFPA Report on Fires and Manufactured Homes: We provide, You decide

By / / Manufactured and Modular Housing News

  MHProNews has received press releases and statements/reports from and about the National Fire Protection Agency (NFPA) on the topic of fire safety in HUD Code manufactured housing. The differing press releases from MHI and MHARR are closely tied with the subject of fire sprinklers, preemption and the very nature

Sparks fly on NFPA Report on Fires and Manufactured Homes: We provide, You decide Read More

Palm Harbor Roars, Manufactured Housing out soars, Dow rose on a big day for market gains

By / / Manufactured and Modular Housing News

CNNMoney reports a nearly 340 point jump in the Dow on the announcement that the European Union had agreed on a debt deal.  The Dow Jones Industrial Average soared +339.44 (+2.86%) to close at 12,876, now in positive territory for the year, at +5.45%. The Yahoo! Finance Manufactured Housing Composite Value

Palm Harbor Roars, Manufactured Housing out soars, Dow rose on a big day for market gains Read More

The Future of Manufactured Housing News starts this weekend!

By / / Manufactured and Modular Housing News

The switchover from the current website format of MHProNews.com (a.k.a. MHMSM.com) to the long anticipated new one will begin Saturday evening at 11 PM Central Time.  While many of the changes are technical ones that only a web-pro will notice, regular visitors will see dozens of new features and a

The Future of Manufactured Housing News starts this weekend! Read More

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