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.

Existing-Home Sales Decline in October Following Two Monthly Gains

By / November 23, 2010 / Manufactured and Modular Housing News

Existing-home sales retreated in October on the heels of two strong monthly gains, according to the National Association of Realtors. Existing-home sales1, which are completed transactions that include single-family, townhomes, condominiums and co-ops, declined 2.2 percent to a seasonally adjusted annual rate of 4.43 million in October from 4.53 million …

Existing-Home Sales Decline in October Following Two Monthly Gains Read More

Manufactured Housing Sales on the Increase in Idaho

By / November 23, 2010 / Manufactured and Modular Housing News

An Associated Press story with a Boise, Idaho dateline portrayed some good news for the manufactured housing industry. The report indicates a combination of frugal buyers and affordable prices is spurring an increase in the sale of manufactured homes across the state. The AP notes the Idaho Statesman reported 157 …

Manufactured Housing Sales on the Increase in Idaho Read More

Deer Valley Corporation Announces Election of New Director

By / November 22, 2010 / Manufactured and Modular Housing News

Deer Valley Corporation announced this week that Shad L. Stastney has been elected to the firm’s Board of Directors, effective November 22, 2011. Stastney will fill one of two vacancies on the Board and will bring the Board to six. He graduated from the University of North Dakota in 1990 …

Deer Valley Corporation Announces Election of New Director Read More

Rankin County Zoning Code Delay Allows Dialogue

By / November 22, 2010 / Manufactured and Modular Housing News

From Mississippi, the Clarion Ledger reports that by delaying a vote earlier this week on a major zoning ordinance, supervisors in Rankin County now have time to meet with residents to explain how the legislation will affect them. Rural residents and a manufactured home interest group complained Monday that a …

Rankin County Zoning Code Delay Allows Dialogue Read More

SBA Revising Floorplan Lending Program

By / November 22, 2010 / Manufactured and Modular Housing News

Soundings Trade Only, a publication for the Marine Industry reports that the Small Business Administration (SBA) is developing a revised Dealer Floorplan Program to replace the expired pilot program. The news came to the paper from the National Marine Manufacturers Association (NMMA). According to the report, the NMMA and other industry …

SBA Revising Floorplan Lending Program Read More

Hall of Fame Begins Fundraising for Manufactured Housing Hall

By / November 22, 2010 / Manufactured and Modular Housing News

The RV/MH Hall of Fame in Elkhart, Indiana is preparing to launch fundraising efforts to complete a new facility to showcase the history of manufactured housing. The Hall of Fame has applied for a $6 million USDA loan to construct Manufactured Housing Hall which is the final component of the complex. …

Hall of Fame Begins Fundraising for Manufactured Housing Hall Read More

Volunteers Help Extreme Makeover in Texas

By / November 19, 2010 / Manufactured and Modular Housing News

More news from the Extreme Makeover project in Wellman, Texas – KCBD reports that a new home for the Brown family is coming together thanks to volunteers who have worked through cold temperatures in 12-hour shifts. Volunteers from Palm Harbor Homes, the West Texas Home Builders Association and local construction companies …

Volunteers Help Extreme Makeover in Texas Read More

Energy-Star Tax Credit Would Be Included in Tax Bill

By / November 19, 2010 / Manufactured and Modular Housing News

The Manufactured Housing Institute (MHI) reports that on November 18, Senate Majority Leader Harry Reid (D-NV) indicated that the Senate could potentially bring up measures to extend the 2001 and 2003 tax cuts when congress returns from Thanksgiving recess the week of November 29. Included in these measures would be …

Energy-Star Tax Credit Would Be Included in Tax Bill Read More

MHI Financial Reform Taskforce Convenes in Dallas

By / November 19, 2010 / Manufactured and Modular Housing News

The Manufactured Housing Institute (MHI) reported that earlier this week, 20 members of MHI’s Dodd-Frank Financial Reform Taskforce convened in Dallas to identify and prioritize provisions in the Dodd-Frank Act. MHI says if unchanged, Dodd-Frank will significantly burden manufactured home purchasers by adding to the cost of acquiring a loan …

MHI Financial Reform Taskforce Convenes in Dallas Read More

Michigan Community Begins Permitting Pre-Owned Homes

By / November 19, 2010 / Manufactured and Modular Housing News

Hometownlife.com reports that officials in Highland, Michigan are relaxing requirements for a manufactured home community that had prohibited the owners from bringing in used homes to sell to residents. A plea by the owners of the Ridgewood Manufactured Home Community lead to a vote to alter a 1997 consent judgment …

Michigan Community Begins Permitting Pre-Owned Homes Read More

LivingHomes Installs Modern Modular Home in Bay Area

By / November 19, 2010 / Manufactured and Modular Housing News

      LivingHomes invited the press to watch as it assembles a new three-home multifamily residence in Los Altos, California. Designed by iconic California architect Ray Kappe, FAIA, and featuring some of the most high performance sustainable building materials available, the company says this new LivingHome is expected to …

LivingHomes Installs Modern Modular Home in Bay Area Read More

Modular Architecture and Twelve Development Share 2010 HOBI Awards

By / November 19, 2010 / Manufactured and Modular Housing News

Modular Architecture announced that a recently completed home received two 2010 HOBI Awards – Home Building Industry Awards – awarded by the Home Builders Association of Connecticut. The home, in Old Greenwich, CT, was built by Twelve Development and Modular Architecture. The awards were for Best Spec Home $3-4 Million and Best Kitchen/Bath Feature. …

Modular Architecture and Twelve Development Share 2010 HOBI Awards Read More

Court Finds Manufacturer Inappropriately Collected Payments After Lien Release

By / November 19, 2010 / Manufactured and Modular Housing News

From Corpus Christi, Texas the Caller reports that a federal jury found Clayton Homes subsidiary Vanderbilt Mortgage liable for civil racketeering and fraud in a South Texas case. David Rumley, attorney for the plaintiffs told the paper the company was found liable for collecting payments on a home for four …

Court Finds Manufacturer Inappropriately Collected Payments After Lien Release Read More

Repeal of 1099 Reporting Requirement Would Help Small Businesses

By / November 18, 2010 / Manufactured and Modular Housing News

CNN Reports top Democrats are uniting with Republicans to repeal the expanded 1099 reporting requirements set to take effect in 2012. Senate Finance Committee Chairman Max Baucus, D-Mont., said Friday that he will introduce related legislation. The reporting requirement is sometimes referred to as “1099” because it would require businesses …

Repeal of 1099 Reporting Requirement Would Help Small Businesses Read More

Survey: Homeowners Lack Confidence in Housing Market

By / November 18, 2010 / Manufactured and Modular Housing News

A new survey by Rasmussen Reports finds homeowners continue to have little short-term confidence in the U.S. housing market, but are much more confident about the picture five years down the road. The national telephone survey finds that only 20 percent of homeowners believe the value of their home will …

Survey: Homeowners Lack Confidence in Housing Market Read More

Many Manufactured Housing Stocks Close Higher Thursday

By / November 18, 2010 / Manufactured and Modular Housing News

Stocks closed sharply higher Thursday on news more debt problems in Europe may soon be solved. Big movers among manufactured housing and related stocks include penny stock Global Diversified Industries, up 125 percent to 5 cents a share. All American Group closed up just over four percent to 25 cents …

Many Manufactured Housing Stocks Close Higher Thursday Read More

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