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.
Modular Home Builder reports that it has confirmed from several sources that Haven Homes is purchasing the former Penn Lyon factory in Selinsgrove, PA. This will be their third factory in central PA and they hope to open the plant in February.
AZJournal.com reports that Dale Call, the administrator of the Snowflake Arizona Planning and Zoning/Building Safety Department, made a presentation on a proposed overlay zone for manufactured homes at the Jan. 11 town council meeting. The report indicates the council has asked staff to research the feasibility of creating a new …
From the Manufactured Housing Institute’s Week in Review, House Ways and Means Committee Chairman Dave Camp (R-MI) has indicated that the committee will begin the process of overhauling the U.S. tax code, which has not undergone a fundamental retooling since 1986. The committee will hold its first hearing the week …
Exhibitors and attendees were heading home Friday from the Louisville Manufactured Housing Show. Promoters indicate the event was a resounding success with nearly 1,000 attendees. MHMSM.com Publisher and Marketing Director L.A. ‘Tony’ Kovach reports that “homes were sold, exhibitors were overall happy; attendees were in a good, upbeat mood.” More …
Hats off to Dennis Hill and the MMHF states, and to all who made the comeback of the Louisville show a success! Attendance was 970, plus the exhibitors! As our video follow-ups will reveal, homes were sold, exhibitors were overall happy, attendees were in a good, upbeat mood. A good …
“Come on down” to the Show, says MHMSM.com Publisher, Marketing and Industry Consultant ‘Tony’ Kovach. See photos and video from Thursday’s Show at The Masthead, click here.
MHMSM.com Contributor and Lifestylist® Suzanne Felber took a break from a busy schedule at the National Association of Home Builder’s (NAHB) International Building Show (IBS) in Orlando today to tell us about some of the excitement surrounding home exhibits by both Champion and Palm Harbor Homes. Suzanne provides some insight about …
The Dow closed down 28 points Thursday ahead of several corporate earnings reports. The Manufactured Housing Composite Value was down another 2.6 percent Thursday after a disappointing performance Wednesday. On January 12, the website Benzinga again called out the manufactured housing industry as one of the worst performing, citing a …
Fox Boston claims its undercover report lead to changes in the Massachusetts Building code that require the ceilings in modular homes to be affixed with more than glue. While the glue may hold fine under normal circumstances, inspectors there claim it can collapse on emergency responders in the event of …
A report on Bloomberg citing information from Realtytrac indicates there could be a 20 percent jump in foreclosure filings in 2011 as banks resume seizures. The good news: the article indicates the peak in foreclosures and the bottom in notices of default, auction or repossession in 2010, a 2 percent …
From Maine, the Portland Press Herald reports that roughly 40 Maine businesspeople met Wednesday with Sen. Olympia Snowe and Elizabeth Warren to discuss how the emerging Consumer Financial Protection Bureau with broad authority to regulate the nation’s financial system might affect Maine businesses. Warren, who is tasked with setting up …
Regulators Hear MH Industry Concerns Over New Agency Read More
Lifestylist® Suzanne Felber is on location at the National Association of Home Builder’s (NAHB) International Building Show (IBS) in Orlando, Florida and reported that manufactured homes on display by Champion and Palm Harbor Homes were receiving a lot of traffic. Felber was also the Lifestylist® on the New American Home, …
MHMSM.com team members and associates are on the ground this week at major events – including the Louisville Manufactured Housing Show and the International Building Show, the housing industry’s largest annual trade show and exhibition, in Orlando. Look for reports posted daily… including “Live from Louisville” videos by Publisher, Marketing …
Stocks finished at two-year highs Wednesday as the Dow rose more than 83 points. Performance by manufactured housing and related stocks was mixed, however. Closing higher were Drew Industries, Barnes Group, UMH Properties and Universal Forest Products. Closing lower were Cavco, Deer Valley, Skyline Corporation, Sun Communities and Walker and …
From Alberta, Canada comes news that despite a slower market, housing prices are on the rise. The Quesnel Cariboo Observer reports that the median value of the 115 single family homes sold in Quesnel 2010 was $181,000. In addition, 21 parcels of vacant land, 53 homes on acreage, 27 manufactured …
The website EcoHome ran an article this week outlining six trends for green homes. They include the obvious: energy efficiency, density and location (high gas prices and long commutes are driving this trend), health, performance monitoring, water conservation and getting more for the money. Highlighted in the article is Rheem’s …
Renowned Peruvian economist Hernando de Soto wrote a book in 2003 called the Mystery of Capital. In it he espoused the theory that many countries don’t take off economically because without private property, would-be entrepreneurs can’t borrow money to start businesses. According to a recent item in Fortune, Colin Barr …
Home Price Declines Could Put Improvement in Employment on Hold Read More
From Tennessee, Blount Today reports that the Community Partnership Award given by Maryville Schools Foundation has been presented to Clayton Homes. The award is granted to a business that serves as a sustaining partner through financial support for the Maryville City Schools and youth programs in the community. As the report …
Community Partnership Award Presented to Clayton Homes Read More
The Federal Reserve reports in its Beige Book that twelve Federal Reserve Districts suggest that economic activity continued to expand moderately from November through December. Conditions were said to be improving in the Boston, New York, Philadelphia and Richmond Districts. Activity increased modestly to moderately in the Cleveland, Atlanta, Chicago, …
FMI, the largest provider of management consulting, investment banking and research to the engineering and construction industry, reported that as of the 4th quarter, the Non-residential Construction Index (NRCI) has been in positive territory for three quarters in a row, but only slightly positive. Most of the major components are …
Modular Expected to Outpace General Building Market Read More
