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.
On strong earnings from blue chip manufacturer Caterpillar, the Dow gained 62.19 points to close at 12,810.16. In housing stocks, Equity Lifestyle Properties was up .10 percent, and Skyline Corporation gained .46 percent. Others closed down or flat: Sun Communities was minus .72 percent, Cavco dropped .68 percent, and both […]
The Dow Rises Again as Housing Stocks Close Mixed Read More
Following up on a news story from March 4, 2011, WSLS10 in Roanoke, Virginia, says the modular dormitory Ferrum College ordered in the spring was completely assembled in three days, as workmen set in place the last of the 42 units that comprise the building. College President Jennifer Braaten says,
Forty-two Unit Modular Dormitory Assembled in Three Days Read More
From California, The Sun of San Bernardino County says that the City Council of Yucaipa released a 49-page report on new methods to monitor homesite rents at manufactured communities. The report was criticized for being twice as long as the ordinance itself, and also for pitting residents against community owners.
City Council Adjusts Homesite Rental Ordinances Read More
Senior News reports that the American Association of Retired Persons (AARP) is trying to determine what kind of housing Boomers will want in the next 20 years, and what they can afford. The average age of people needing assisted-type care is 85, so that leaves a potential 20-year span for
Boomers Housing Needs May Become Problematic Read More
In a communication from Allen Hutto, General Counsel of the Manufactured Housing Institute of South Carolina (MHISC), MHMSM.com learned that the Institute has received a $20,000 grant from the state’s Energy Office to publicize Energy Star certified manufactured homes. The publicity begins next week on TV. Recently, the state legislature
Energy Star Rating Gets Support from South Carolina Read More
Las Vegas, NV. At the recent MHI National Communities Council (NCC) Pre-Conference Forum in Las Vegas, NV, Dr. Henry Fishkind, one of Florida’s premier economic consultants, expressed to the attendees his perception of a three percent economic growth, retail sales rising and jobless rates going down. Noting that everyone is
Dr. Henry Fishkind Foresees Economic Improvement Read More
The Daily Times of Blount County, Tennessee, reports Clayton Building Solutions, a division of Clayton Homes, walked away with three very impressive awards from the Manufactured Housing Institute’s (MHI) Congress & Expo for Manufactured and Modular Housing in Las Vegas, April 28. The Fort Sam Houston project in San Antonio,
Division of Clayton Honored at MHI Congress Read More
The Dow rose 72.35 points to close at 12,763.31 as investors ignored mixed earnings reports and disappointing economic news. Housing stocks closed mixed, with Sun Communities gaining 2.18 percent, Nobility Homes moved up 1.69 percent and Equity Lifestyle Properties gained .35 percent. Palm Harbor lost 3.33 percent, Skyline Corporation moved
Dow Moves Up Again, But Housing Stocks Not as Strong Read More
Housing Wire reports that Fannie Mae and Freddie Mac have been ordered by the Federal Housing Finance Agency (FHFA) to synchronize their methods of dealing with delinquent mortgages, requiring the mortgage servicer to begin engaging the borrower as soon as they become delinquent. The foreclosure process cannot begin if both
New Guidelines to Direct Fannie and Freddie Servicers Read More
Speaking at the Manufactured Housing Institute’s (MHI) annual Congress & Expo in Las Vegas, Dr. Mark T. Dotzour, of Texas A & M’s Real Estate Center in College Station, said the federal government is swinging by a long rope that is near the bottom of its arc. The government is
Real Estate Professor Gives Government Bad Marks Read More
Tulsa’s 3rd annual Great Southwest Home Show will take place at the QuikTrip Center at Expo Square, April 28-May 1. It is the largest indoor manufactured home show. The show begins April 28 and 29 for the industry and the doors will swing wide for the public Friday afternoon through
Great Southwest Home Show Opens April 28 through May 1 Read More
Business Wire reports that Wells Fargo (NYSE:WFC) has been chosen for the fifth year in a row as Community Lender of the Year by the Manufactured Housing Institute ((MHI) at their annual Congress & Expo in Las Vegas. Wells Fargo Multifamily Capital has originated over $4.7 billion in community loans
Corporate Giant Selected as Best MH Community Lender Read More
Benzinga reports Xactware has developed software that incorporates cost data for over 6,000 manufactured and pre-HUD code homes from 1972 to 2011 for insurance purposes in case of loss or damage. From NADA Appraisal Guides, Inc., 360Value determines depreciated cost-replacement guides for manufactured and pre-HUD code homes. Xactware says it
Database Provides Guide for MH Loss and Damage Read More
At the Manufactured Housing Institute’s 2011 Congress & Expo in Tulsa OK, Robin Crow, musician, author, and developer of Dark Horse Recording Studios, said regardless of what business you are in, creating an environment for employees and customers to make them feel better is the most important thing you can
Keynote Speaker at MHI Congress Offers Success Tips Read More
TULSA, OK – April 28, 2011. Continuing converge by MHMSM.com of the 2011 Great Southwest Home Show in Tulsa OK shows the Industry professionals beginning to take in the amazing display of homes at this World’s Largest Indoor Home Show.
Great Southwest Home Show Gets Underway Read More
LAS VEGAS, NV – April 28, 2011. Jerry Wolff (Marketing Manager, GE Appliances) addressed the Manufactured Housing Institute (MHI) Congress in Las Vegas NV to urge a paradigm shift from problems to problem solving. Use social media, be pro-active. Having a small group of people who surf the web to
GE Appliances Jerry Wolff Addresses MHI Congress Read More
TULSA, OK – April 27, 2011. Jeff Templeton and other members of our MHMSM.com team are at the QuikTrip Center in Tulsa OK before the Great Southwest Home Show opens on April 28. A record crowd is expected Thursday and Friday for the World’s Largest Indoor Home Show. Sponsored by
Pre-opening Glimpse of the 2011 Great Southwest Home Show in Tulsa OK Read More
The Dow moved up to its highest level since 2008, gaining 95.59 points, to close at 12,690.96. Housing stocks closed mixed or even. Nobility Homes gained 1.76 percent, Sun Communities was up 0.42 percent, Equity Lifestyle gained 0.30 percent, Palm Harbor lost .25 percent, and Skyline Corporation was down .05
Dow Moves to Highest Point in Three Years, Housing Stocks Mixed Read More
Las Vegas, NV – April 27, 2011. At the Manufactured Housing Institute (MHI)’s 2011 National Industry Awards in Las Vegas today, the honor for the best Production Manufactured Home of 1800 square feet or less went to Steven Lefler and Gary Brown of Modular Lifestyles, Inc. The Irvine, California, company
Modular Home Wins National Award, Uses Very Little Energy Read More
Las Vegas, NV – April 27, 2011. Joe Stegmayer (Chairman & CEO, Cavco Industries and present Chairman, MHI) addressed the attendees at MHI’s 2011 Congress & Expo in Las Vegas, NV. He noted that Land Lease Communities (LLCs) have done better than most sectors of the housing industry, which has
Opening Remarks of MHI Chairman Joe Stegmayer at Vegas Congress Read More
