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.
CNNMoney reports that 90% of consumers feel that economic conditions remain poor. In a quarter that witnessed turmoil over the EU/Greek bail out crisis, the downgrading of the U.S. credit rating and poor jobs reports, the Dow closed the quarter on a down note, 10,912.63 -241.35 (-2.16%), off -5.74% year-to-date. […]
Lousy quarter for Dow ends on sour note, MH slides less Read More
MorganCountyCitizen reports that the Madison City Council (GA) has tentatively agreed to the purchase of the Madison Woods manufactured home community’s water supply. The commitment depends on Madison City Manager David Nunn completing a payment schedule on $56,000 in back water and sewage services owed the city by Madison Woods
City taking control manufactured home community’s water system Read More
MHProNews.com has learned that praise for the Midwest Manaufactured Housing Federation’s show continues. “I was pleasantly surprised at our attendance at the 2011 Louisville Manufactured Housing Show…I knew the 50 year history of the show and the spirit of our industry would bring us back.” said Darrell Boyd, with Triad
Triad, US Bank and Digital Leveling praise MMHF’s Show Read More
DailyGazette reports that the Federal Emergency Management Agency (FEMA) is transporting manufactured homes to Cobleskill NY as the agency’s response to the needs of dozens of households displaced by Hurricane Irene and Tropical Storm Lee. FEMA spokesman Chris McKniff said it’s unclear precisely how many of the manufactured homes are
FEMA sends manufactured homes to Cobeskill Read More
LaconiaDailySun reports on ‘surprise’ legal action by New Hampshire’s Attorney General Michael Delaney’s Office. In a follow up to the story covered earlier this week in MHProNews.com, Shanna Saunders said the city code enforcement office had been working with the developer and home owners to resolve some complains, but never
Local official surprised by Attorney General’s suit against modular developer Read More
CNNMoney reported today that the Dow closed up 11,152.77 +141.87 ( +1.29), up four days out of five, but still off YTD by -3.67%. The Yahoo! Finance Manufactured Housing Composite value stood at 744.40, up +1.88%. Affiliated Managers Group 83.00 + 2.99 (+3.74%). Clayton Homes, Vanderbilt Mortgage and Finance and
Market Rebounds, Manufactured Housing stocks rise Read More
MHProNews.com has learned that The City of Santa Rosa established a Clean Energy Advocate (CEA) pilot program within the City and Sonoma County that assists homeowners in utilizing renewable energy, energy efficiency, and water-use efficiency when upgrading their homes. Clean Energy Advocate Julie Carlton stated, “We have found that people
Clean Energy Advocate Program teams up with CA mod/prefab builder Read More
MHProNews.com has been reporting recently on some of the entries in the 2011 Solar Decathlon that is taking place on the National Mall in Washington DC. Once every two years, the Solar Decathlon competition takes place. Teams in the 2011 Solar Decathlon include entries from California, Ohio, Maryland, Massachusetts, Belgium,
Washington DC Modular/PreFab Home 2011 Solar Decathlon video report Read More
Jetsongreen reports on a variation our previously reported ‘tiny house’ trend. Austin, TX based Sett Studio is building a line of prefab studios that are 97 to 192 square feet in size. Sett’s modern design with energy-efficient construction can be used as a home office, art studio, exercise or meditation
Prefabs under 200 square feet, for $20,000 – $30,000 Read More
Businessweek reports thatPalm Harbor Homes Inc., which sold their assets to Fleetwood in April for $83.9 million, has scheduled a Nov. 17 confirmation hearing to approve a Chapter 11 plan. The bankruptcy court in Delaware approved this week the explanatory disclosure statement on Sept. 27. The disclosure statement predicts that holders of
Palm Harbor Homes Plan Set for Nov. 17 Confirmation Read More
Boston reports that New Hampshire’s attorney general has filed suit against the developers of Lake Winnipesaukee area housing complex, The suit alleges safety and building code violations, which the developer Arthur Sullivan denies. The legal pleadings claim many of the 93 modular homes at the Villas at Paugus Bay in
Attorney General files against MH Developer Read More
CNNMoney reports that the Dow closed 11,010.90 -179.79 (-1.61%) and off -4.89% year-to-date. The Yahoo! Finance Manufactured Housing Composite value dropped even harder, closing at 730.6, off -4.28% today. Affiliated Managers Group 79.88 -4.97 (-5.86%), but climbed sharply after the bell. Clayton Homes, Vanderbilt Mortgage and Finance and other Manufactured
Monday’s Rally Rusts, Stocks Dust, Manufactured Housing tumbles too Read More
ChicagoTribune reports that fabled Frank Lloyd Wright’s American System-Built Home in south Milwaukee has been placed on the market for sale. The home is one of six that Wright did as part of his pursuit for affordable housing. It was made from prefabricated materials that were assembled onsite. The home
Ahead of his time, Frank Lloyd Wright’s American System-Built Homes for sale Read More
Istockanalyst reports that a bill by CA state Senator Jean Fuller could make it easier for residents in land lease communities there to get private money loans. With professionals, buyers and sellers all pointing to a lack of commercial banks in the field, this is seen as important for all
Bill could make private loans in manufactured home land lease communities easier Read More
Businesswire reports that real estate and investment experts urge prospective homebuyers to purchase a home now as part of a long-term savings and investment solution. In recent reports, the national home affordability index is at its highest levels since 1971. Prices have fallen so far that buying a home appears
Low interest and prices yields maximum home affordability Read More
NorthFortMyersNeighbor reports that manufactured home communities in Lee county may be allowed to keep their recycling programs in place. In a recent 3-2 vote, Lee County (FL) Commissioners voted to have staff come back with a revised ordnance that will “grandfather-in” the parks’ way of handling recycling. 23 manufactured home
Manufactured Home Communities may win on private recycling plan Read More
Businessweek reports that Oklahoma Governor Mary Fallin announced a program that could help 500 households in her state receive up to a $2,000 cash rebate for the installation of a qualified tornado shelter. Using $1 million in federal grant money, the program offers a rebate of up to 75 percent
Governor announces storm shelter rebate offer Read More
CNNMoney reports a nice jump in the Dow, on the heels of a pledge for ‘no default’ by Greece. Market headlines include a tag by millionaires who are urging Warren Buffett to speak for himself and not them on President Obama’s call for higher taxes on the wealthy. The Dow
No default pledge boost Dow, Manufactured housing stocks rise Read More
Housingwire reports on a study by The Office of the Inspector General that reveals that the Federal Housing Finance Agency (FHFA) lacks the staff to properly monitor the mortgage giants in conservatorship. The study also indicates the FHFA failed to provide adequate oversight over default services legal issues. The Inspector
Inspector General’s report tags the FHFA’s handling of GSEs. Read More
Colorodoan reports that Bender Mobile Home Park has sold to a developer who plans to redevelop the location as single family housing. Located at 912 Wood Street in Fort Collins, CO, the property has 16.7 acres, some two dozen factory built homes and some site built housing structures on it
Bender MH community sells to developer Read More
