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.

Industry Association Members Meet with HUD Housing Commissioner

By / / Advocacy, Economy, Finance, home buyers, Manufactured and Modular Housing News, Manufactured Homes, People

On Sept. 22, Danny Ghorbani of the Manufactured Housing Association for Regulatory Reform (MHARR) reports a joint delegation of MHARR and MHI (Manufactured Housing Institute)-member executives and staff met with Ms. Carol Galante, the new Acting HUD (Housing and Urban Development) Federal Housing Commissioner-Assistant Secretary for Housing. As reported previously […]

Industry Association Members Meet with HUD Housing Commissioner Read More

Investors Losing Faith in World leaders and Economies

By / / Business, Economy, Manufactured and Modular Housing News, news-at-noon, Stocks

CNNMoney reports The Dow Jones Industrial Average re-gained small ground today, moving up 37.65 points on the heels of a near seven percent loss for the week, it’s worst since Oct. 2008. It closed at 10,771.48, a gain of 0.35 percent. Yahoo!’s Manufactured Housing Composite gained 2.05 percent to end

Investors Losing Faith in World leaders and Economies Read More

Architect Develops Modular House with Ideas from Small Car

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

Humans Invent reports that architect David Morton, of the UK, took his inspiration for building modular housing from his love of the Mini Cooper automobile, which was originally built in response to the Suez Oil Crisis of 1956, and the subsequent oil shortage. His BoKlok UK modular houses respond to

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Two MHC Owners Rank First and Second in REITs

By / / Business, Communities, Company News, Finance, Manufactured and Modular Housing News, Manufactured Homes, Stocks

Investors reports SmarTrend, that inveterate tracker of 5,000 stocks daily, says as measured by dividends, the number one company in the Residential REIT (Real Estate Investment Trust) Industry is UHM Properties (UMH). It ranks at the top with a dividend yield of 7.7 percent, followed in second place by Sun

Two MHC Owners Rank First and Second in REITs Read More

MHC has Long-standing Issues Between Owners and Town Board

By / / Business, Communities, Factory-Built Homes, Legal, Manufactured and Modular Housing News, Manufactured Homes, mobile home, regulation

SouthCoastToday reports that the 51 residents of Edgeway Mobile Home Park in Middleboro, Massachusetts may finally get street lights that were supposed to be installed over a decade ago. Only 51 sites 0f the planned 74 are currently occupied because the city revoked the license of the MH community owner,

MHC has Long-standing Issues Between Owners and Town Board Read More

Slight Increase in Home Prices Reflects Stagnant Housing Market

By / / Business, Economy, Manufactured and Modular Housing News, Trends

HousingWire reports the Federal Housing Finance Agency (FHFA), the conservator of Fannie Mae and Freddie Mac, said home prices moved up slightly in July 0.8 percent, but are down for the year ending July 31 by 3.3 percent. Prices are 18.4 percent below the high point in April 2007, although

Slight Increase in Home Prices Reflects Stagnant Housing Market Read More

Stock Prices Fall 4% as Fear for Global Economy Dominates Market

By / / Economy, Manufactured and Modular Housing News, Stocks, Trends

Weak manufacturing date from China and concerns about Greece’s economy sent the Dow Jones Industrial Average plunging -3.51% to close at 10,733.83, a loss of -391.01 points. The Yahoo! Finance Manufactured Housing Composite Value declined .84% to 731.9, but housing stocks closed mixed. Affiliated Managers Group 78.56 -2.22 (-2.75%)). Clayton

Stock Prices Fall 4% as Fear for Global Economy Dominates Market Read More

Council Hearing Favors Rent Control in California City

By / / Business, Communities, Factory-Built Homes, Manufactured and Modular Housing News, Manufactured Homes, mobile home, news-at-noon, regulation

The Herald in Monterey County, California reports a preliminary hearing concerning rent control for Marina’s five manufactured housing communities was approved by the Marina City Council by a 3-2 vote. First proposed by residents 20 years ago, the Mobile Home Rental Stabilization Ordinance allows the annual rent increase to 80

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MHARR States MHCC Continues to Mar MH Industry

By / / Economy, Factory-Built Homes, Manufactured and Modular Housing News, Manufactured Homes, regulation

The Manufactured Housing Association for Regulatory Reform (MHARR) reports the “General” Subcommittee of the Manufactured Housing Consensus Committee (MHCC) met by telephone conference Sept. 20 to discuss accessibility proposals that have been dormant for nearly ten years and would impact the cost of production. They were revived Oct. 2010 by

MHARR States MHCC Continues to Mar MH Industry Read More

Veteran MH Retailer Seeks Another Term on Council

By / / Business, Company News, Manufactured and Modular Housing News, Manufactured Homes, Modular, news-at-noon, People

The Dagger Press reports from Aberdeen, Maryland, that Bruce E. Garner will seek re-election to the Aberdeen City Council in the municipal election balloting in November. A 35-year veteran of the manufactured housing industry, Garner served ten years as general manager for a large manufactured home retailer in the northeast,

Veteran MH Retailer Seeks Another Term on Council Read More

Modular House Customized to Blend with Rural Setting

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

The New York Times reports when Pilar Proffitt and Robert Bristow received estimates of nearly $1 million for building a home for their family of five in rural Connecticut, they opted instead for a customized modular home that fit in with the dairy farm surroundings, and cost under $500k. The

Modular House Customized to Blend with Rural Setting Read More

Dow Drops on Disappointing News from the Fed

By / / Manufactured and Modular Housing News

The Dow Jones Industrial Average dropped 283.82 points to close at 11,124.84, losing 2.49% of its value after the Federal Reserve announced it is not changing rates, and Operation Twist is on. The Yahoo! Finance Manufactured Housing Composite Value declined to 738.20, off -4.33%, as many housing stocks took a

Dow Drops on Disappointing News from the Fed Read More

Standoff in North Dakota: Who Will remove the Flood-damaged Homes

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

The Minot Daily News reports the apparent standoff in resolving the issue of who is responsible for removing the damaged manufactured housing in Minot following the ravaging floods of last spring has led to frustration on the part of city government, residents, and community owners. Mayor Curt Zimbelman said, “We

Standoff in North Dakota: Who Will remove the Flood-damaged Homes Read More

Some Good News in the Housing Market

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

Bloomberg News reports sales of previously owned homes rose to 7.7 percent in August, according to the National Association of Realtors (NAR). Sales of existing single-family homes rose to their highest level since January, rising 8.5 percent to a seasonally-adjusted rate of 4.47 million. The August figures compare to the

Some Good News in the Housing Market Read More

Modular House Emerges from MIT’s Affordable Housing Initiative

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

Following up on a prior story about building inexpensive homes for the multitude  of poor people across the globe, Eco-Business notes the Massachusetts Institute of Technology’s (MIT)  grad student Ying chee Chui’s modular design incorporates hollow brick walls, reinforcing steel bars, wooden box beams, and includes a central courtyard within

Modular House Emerges from MIT’s Affordable Housing Initiative Read More

American Dream of Home Ownership Lives!!

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

TruliaPro says the results of a recent survey show 80 percent of 2,207 American adults polled envision the purchase of a home in their lifetime. Despite the recent housing slump, concerns over employment, credit scores, and saving for a down payment, 65 percent of the respondents maintain home ownership continues

American Dream of Home Ownership Lives!! Read More

Exclusive Video Interview with Kevin Clayton, CEO of Clayton Homes, a division of Warren Buffett’s Berkshire Hathaway

By / / Manufactured and Modular Housing News

Up close and personal interview with Kevin Clayton, CEO of Clayton Homes, the largest factory built home-builder in the United States and a wholly owned subsidiary of Warren Buffett’s Berkshire Hathaway. For nearly one hour, author Robert Miles interviews Kevin Clayton on this University of Nebraska UNO Televion interview. Miles’

Exclusive Video Interview with Kevin Clayton, CEO of Clayton Homes, a division of Warren Buffett’s Berkshire Hathaway Read More

Dow Strengthens in Midday then Falls, Registering Modest Gain

By / / Manufactured and Modular Housing News, news-at-noon, Stocks

CNNMoney reports the Dow Jones Industrial Average inched 7.65 points higher today, gaining 0.07% to close at 11,408.66 as fears about Greece’s economic turmoil fell somewhat. Yahoo! Finance reports the Manufactured Housing composite dropped 1.26% to end the day at 771.60. Affiliated Managers Group 84.40 -1.16 (-1.36%). Clayton Homes, Vanderbilt

Dow Strengthens in Midday then Falls, Registering Modest Gain Read More

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