Manufactured and Modular Housing News Archives

Feb 23 2011

Nonprofit Seeks to Alter Landscape of Affordable Manufactured Housing

By Matthew Silver / February 23, 2011 February 23, 2011 / Advocacy, Manufactured and Modular Housing News, Manufactured Homes, Modular, news-at-noon

The Corporation for Enterprise Development (CFED), a Washington, D.C.-based nonprofit, collaborates with Neighbor Works in their I’M HOME (Innovations in Manufactured Homes) program, which supports a wide range of sustainable, affordable housing. Realizing the need to change the framework that separates manufactured housing from stick-built, and to open doors to …

Nonprofit Seeks to Alter Landscape of Affordable Manufactured Housing Read More

Feb 23 2011February 23, 2011

Sales of Existing Homes Up, but Median Price Falls

By Matthew Silver / February 23, 2011 February 23, 2011 / Manufactured and Modular Housing News, news-at-noon

For the first time in seven months, the monthly sales of existing homes were higher than the year before, reports the National Association of Realtors (NAR). Sales in January were up 2.7 percent over December to an annual rate of 5.36 million, and 5.3 percent better than January 2010, according …

Sales of Existing Homes Up, but Median Price Falls Read More

Feb 23 2011

Manila Firm Set to Produce Modular Homes

By Matthew Silver / February 23, 2011 February 23, 2011 / Manufactured and Modular Housing News, Modular, news-at-noon

From the Philippines comes word that Solid Group Inc. has been authorized by its board to spend P20 million [c. $457,404.00] to import equipment to manufacture modular homes for a pilot project. According to BusinessWorld Online, this electronics producer, distributor and maker of MyPhone, which also is in real estate, made …

Manila Firm Set to Produce Modular Homes Read More

Feb 23 2011

Two Virginia Schools in International Competition to Build Modular Home

By Matthew Silver / February 23, 2011 February 23, 2011 / Green, Manufactured and Modular Housing News, Modular, news-at-noon

Old Dominion University and Hampton University in Norfolk, Virginia, have joined forces to compete in the international Solar Decathlon, a competition to design and build a totally green modular home from scratch. Funded in part by donations from alumni and contractors, the 30 students will be up against 19 other …

Two Virginia Schools in International Competition to Build Modular Home Read More

Feb 23 2011

Missed Payments and Repossessions Ease in Mortgage Crisis

By Matthew Silver / February 23, 2011 February 23, 2011 / Manufactured and Modular Housing News, news-at-noon

As of Dec. 31, the Mortgage Bankers Association (MBA) reports the rate of mortgage borrowers past due one payment was at 8.22 percent, the lowest rate since the end of 2007. This quarterly National Delinquency Survey also noted that homes repossessed by their banks hit the lowest rate since late …

Missed Payments and Repossessions Ease in Mortgage Crisis Read More

Feb 22 2011February 22, 2011

Checklist to Insure Foreclosure Compliance

By Matthew Silver / February 22, 2011 February 22, 2011 / Manufactured and Modular Housing News

HousingWire reports that tech-provider Decision Ready has developed a checklist for default servicing professionals who are foreclosing on properties to increase compliance with state and federal regulations. As the housing industry braces for more foreclosures this year, the Irvine, California-based company has a tool to help streamline the process while …

Checklist to Insure Foreclosure Compliance Read More

Feb 22 2011

Traditional Home Builder Displays Modular Model at Show

By Matthew Silver / February 22, 2011 February 22, 2011 / Company News, Manufactured and Modular Housing News, Modular, news-at-noon

Sterling Homes Development Corporation, a Massachusetts-based custom home builder and renovator, has been recently providing modular homes in the Greater Boston area. Their exhibit space at the New England Home Show at the Seaport World Trade Center in Boston Feb. 24-27 will include a green modular home. According to PRNewswire, …

Traditional Home Builder Displays Modular Model at Show Read More

Feb 22 2011

Delaware MHC Lot Rentals Could Rise for Seniors

By Matthew Silver / February 22, 2011 February 22, 2011 / Legislation, Manufactured and Modular Housing News

Delaware seniors and those living on Social Security disability need to be wary of a new state law. It is Title 25, Property, Manufactured Home Communities, Chapter 7021A, Lot Rental Assistance Program. DelawareOnline says despite the name, it tends to benefit the lot owners, and could be used to raise …

Delaware MHC Lot Rentals Could Rise for Seniors Read More

Feb 22 2011

Hometown America Acquires Large MHC in New York

By Matthew Silver / February 22, 2011 February 22, 2011 / Company News, Manufactured and Modular Housing News

One of the largest owners of Manufactured Home Communities (MHC) in the nation, Hometown America Corporation of Chicago, purchased the 101-acre Suffolk County, New York, Thurm’s Estates community. Renamed Calverton Meadows by its new owner, the 328-lot community requires tenants to be 55 years and older. It is one of …

Hometown America Acquires Large MHC in New York Read More

Feb 22 2011February 23, 2011

RV/MH Hall of Fame in Financial Distress

By Matthew Silver / February 22, 2011 February 23, 2011 / Business, Manufactured and Modular Housing News, news-at-noon, RV

The executive director of the RV Hall of Fame in Elkhart, Indiana, says he is running out of funds to keep the facility open. According to WSBT-TV.com, Tom McNulty says a generous supporter died, which has led to the financial problems. He is hoping housing and RV manufacturers will help keep …

RV/MH Hall of Fame in Financial Distress Read More

Feb 22 2011February 22, 2011

Middle East Unrest Causes DOW to Drop

By Matthew Silver / February 22, 2011 February 22, 2011 / Manufactured and Modular Housing News

The unrest in Libya sent oil prices up, causing the Dow to drop 1.44 percent to close at 12,212.79. The Manufactured Housing Composite fell 4.15 percent to 1096.80. Cavco dropped 5.02 percent, and Skyline fell 4.17 percent. Nobility and Deer Valley were unchanged.

Feb 21 2011

Presidents Day Observed

By Matthew Silver / February 21, 2011 February 21, 2011 / Manufactured and Modular Housing News

All U.S. Stock exchanges were closed Monday in honor of Presidents Day.

Feb 21 2011February 23, 2011

MHI Says MHI-PAC Fundraiser for Senator Snowe a Success

By Matthew Silver / February 21, 2011 February 23, 2011 / Manufactured and Modular Housing News, news-at-noon, People

On Wednesday, February 16th, MHI-PAC hosted a fundraiser for Senator Olympia Snowe (R-ME). Senator Snowe sits on the Finance, Commerce and Small Business Committees and is a major Industry friend. MHI extended particular thanks to Kevin Clayton, President of Clayton Homes, was among those who attended this successful fundraiser, which …

MHI Says MHI-PAC Fundraiser for Senator Snowe a Success Read More

Feb 21 2011

Housing Program Funded to Rebuild Damage from Katrina

By Matthew Silver / February 21, 2011 February 21, 2011 / Manufactured and Modular Housing News

A grant from the state’s Neighborhood Home Program in Gautier, Mississippi will provide up to $75,000 to individuals in the Isle of Pines Mobile Home Park the opportunity to replace their antiquated factory-built homes damaged by Hurricane Katrina with new Mississippi Cottages, according to an article on GulfLive.com. Samantha Abell, …

Housing Program Funded to Rebuild Damage from Katrina Read More

Feb 21 2011

Modular Home Company Closes Its Doors

By Matthew Silver / February 21, 2011 February 21, 2011 / Manufactured and Modular Housing News, Modular

KanBuild, Inc., of Osage City, Kansas has suspended operations effective immediately. The Kansas City Star reports the modular home builder cited the recession, harsh winter, and financing crunch for buyers as contributing to the cessation, which idled 78 employees. Spokesman Quentin Robert said he hopes to reopen in the spring …

Modular Home Company Closes Its Doors Read More

Feb 21 2011

The “Not in My Backyard” File

By Matthew Silver / February 21, 2011 February 21, 2011 / Manufactured and Modular Housing News

The Times and Democrat of Orangeburg, SC reports that new laws are being drawn up for the regulation of manufactured homes by the city council of Cope, SC. Existing homes will be grandfathered in, but no new ones will be permitted to be located within the town limits. Homes sitting …

The “Not in My Backyard” File Read More

Feb 21 2011February 21, 2011

New Modular Cabin at Calgary Home & Garden Show

By Matthew Silver / February 21, 2011 February 21, 2011 / Manufactured and Modular Housing News, Modular, news-at-noon

Two brothers in Calgary, Alberta, Canada are turning heads with their approach to modular housing. After developing their single and multi-family homes, Kris and Kurt Goodjohn of Karoleena Homes turned their pursuits to cabins, and have recently come up with a 650-square foot eco-friendly recreational model, Karo Cabin. According to …

New Modular Cabin at Calgary Home & Garden Show Read More

Feb 21 2011

Countrywide Financial’s Former CEO Mozilo Walks

By Matthew Silver / February 21, 2011 February 21, 2011 / Business, Legal, Manufactured and Modular Housing News, news-at-noon

After two years of investigation, The New York Times reports the criminal charges against Angelo R. Mozilo, former CEO of Countrywide Financial, the one-time largest mortgage lender in the U.S., have been dropped by federal prosecutors. The Securities and Exchange Commission settled their suit against him last fall for $67.5 …

Countrywide Financial’s Former CEO Mozilo Walks Read More

Feb 20 2011

St. Louis Fills Urban Gaps with Modular Housing

By Matthew Silver / February 20, 2011 February 20, 2011 / Manufactured and Modular Housing News, Modular, news-at-noon, Trends

Through a consortium of local, state, and community development organizations, the urban vacant lots that dot downtown St. Louis are beginning to be occupied by sustainable, affordable, modular homes built by Homeway Homes of Illinois. Featuring bamboo floors, Low-E Energy Star windows, high efficient HVAC and other aspects designed to …

St. Louis Fills Urban Gaps with Modular Housing Read More

Feb 20 2011February 20, 2011

Proposed Iowa Bill Covers Manufactured Home Rentals

By Matthew Silver / February 20, 2011 February 20, 2011 / Manufactured and Modular Housing News, Manufactured Homes, news-at-noon

Legislation introduced in the Iowa Senate Feb. 17 makes changes to existing laws regarding the sale and subsequent occupancy of manufactured homes in rental communities. The proposal deals with disclosure of title and tax assessment information by the seller, liens and mortgages encumbered by ownership, interest rates, abandoned homes, late …

Proposed Iowa Bill Covers Manufactured Home Rentals Read More

Manufactured and Modular Housing News

Latest Daily Business News

Latest Daily Business News

Blogs

Profesional Services

Send Us a Message:

Classifieds:

Weekly Newsletter

Latest
Daily Business News

Latest
Daily Business News