A Securities and Exchange Commission (SEC) filing dated August 4, 2015, reveals M. Scott Welch, a director of Patrick Industries, Inc. (NASDAQ:PATK) purchased 10,000 shares of company stock at $36.00 per share for a total of $360,000 on Aug. 3. While Patrick has lost 2.57 percent during the last week …
The Manufactured housing Association for Regulatory Reform (MHARR) informs MHProNews that statistics released by the Department of Housing and Urban Development (HUD) indicate production of HUD Code homes for June, 2015 rose 7.8 percent above June, 2014 production to 6,062 homes over last year’s 5,624 homes. On the year, HUD …
MHProNews has learned from bizjournals the former Oakwood Homes corporate headquarters in Greensboro, North Carolina has been sold to Stanley Benefits Services for $8.1 million, which will occupy 30,000 square feet of the 130,000 square-foot building. Oakwood, a builder of manufactured and modular homes with locations around North Carolina, vacated …
News from KWQC TV6 in Davenport, Iowa informs MHProNews that residents of Lake Canyada manufactured home community (MHC) near Davenport were scheduled to vacate the community by 11:59 PM July 1, and while many had already left, Phillip Hicks, a resident of 28 years, and his wife, Linda, were still …
Manufactured Home Community Closing, Set to be Sold Read More
MHProNews has learned from the Virginia Manufactured and Modular Housing Association (VAMMHA) the state statistics for manufactured home (MH) shipments for June 2015 were comparable for June 2014. Last year, VA had 88 MH shipments—38 single-section, 50 multi-section—for a total of 139 floors versus 88 MH shipments this June—40 single-section, …
Virginia Manufactured Home Shipments similar to 2014 Read More
In response to a question posed by a reader of citizen-times in Asheville, North Carolina, MHProNews has learned Buncombe County, the county seat where Asheville is located, has 20,681 manufactured homes with a tax value of $476.7 million. Writer John Boyle said the number has not changed much from 2004 …
Manufactured Home Numbers Remain Stable in North Carolina County Read More
Port Orange, Florida’s Triangle Realty has managed to survive nearly 30 years of the economy’s up and downs by diversification. Owner Bob Marandino deals in manufactured homes (MH), residential sales and condos and property management, according to news-journalonline. “When one area is down another is up. We’ve been successful and …
Florida Realtor expects Baby Boomers will Drive Manufactured Home Sales Read More
What’s New in public focused Manufactured HomeLivingNews.com Art Linkletter and Manufactured Housing today Maintaining Quality and Strength While Saving Homebuyers Money – Inside MH Video with Mike Stone, part 2 What’s New in Manufactured Housing Industry Professional News Texas city lifts ban on MH after show of strength by industry …
Sunday Morning Recap-Manufactured Housing Industry News July 26-Aug. 2, 2015 Read More
Following a story MHProNews posted July 29, 2015 regarding a Request for Information (RFI) from the General Services Agency (GSA) concerning manufactured homes for the Federal Emergency Management Agency (FEMA), the Manufactured Housing Association for Regulatory Reform (MHARR) says it is “questionable.” MHARR states FEMA may be seeking suppliers of …
Port St. Joe, Florida residents are up in arms over the proposed siting of a manufactured home (MH) in their subdivision, according to whjg-tv, saying it will lower their property values. Some residents are not sure if it is an MH or modular, leading the city to put a stop …
Florida City wants to Extend ban on Manufactured Homes Read More
Sun Communities, Inc. (NYSE:SUI) reported earnings of $0.87 per share for the second quarter, besting analysts expectations by $0.04 per share, and besting earnings for the same quarter last year by $0.09 per share, according to dakotafinancialnews. Sun’s revenue was up 40 percent on a year-over-year basis, $165.90 million for …
In the wake of the story MHProNews posted July 22, 2015 regarding the city council of Huntsville, Texas changing its mind to allow manufactured homes (MH) within the city limits after first denying their placement, Executive Director D. J. Pendleton of the Texas Manufactured Housing Association (TMHA) has issued a …
Seeking Problems/Success Stories with Siting Manufactured Homes in Texas Read More
Baby boomers, rising rents, retirees and rising home prices are driving demand for affordable housing, which in turn is propelling the manufactured housing real estate investment trust (REIT) sector, pushing it to a year-to-date return of 13.13 percent, far above the -1.07 percent average for the FTSE NAREIT All Equity …
Following a story MHProNews last posted June 25, 2015 regarding a request for expansion of a manufactured home community (MHC) on what was once part of the Southgate Estates MHC in Bloomington, Illinois, the city council denied the proposal. Although the planning commission had recommended approval, the city council voted …
City Council Rejects Current Plan for Manufactured Home Community Expansion Read More
An order by the Prince George City Council of British Columbia, Canada for the Lombardy Mobile Home Park to clean up unsightly property has only been partially adhered to, so city crews will go in and make sure the remainder of the order is fulfilled. A report indicates abut half …
A variance request by Ridge Park LLC to allow for the placement of 28 modified shipping containers for worker housing was passed by the Calcasieu Parish Planning and Zoning Board in Louisiana. The property had been re-re-zoned in 2013 from Agricultural and Mixed Residential to R-MHP — Manufactured Home Park, …
Modular Workforce Housing Planned for Southwest Louisiana Read More
Park Street Partners (PSP) of Ladera Ranch, California informs MHProNews it has purchased Desert Trails Mobile Home Park in Green River, Wyoming, marking its seventh manufactured home community (MHC), but its first acquisition of the year, according to pressreleaserocket. Noting the community’s occupancy increased during the closing period, co-founder of …
PSP Seeks Manufactured Home Communities to Provide Affordable Housing Read More
Following up on a post MHProNews wrote July 13, 2015, regarding the Huntsville, Texas, City Council’s vote to prohibit the new siting of manufactured homes within the city limits, D. J. Pendleton, Executive Director of the Texas Manufactured Housing Association (TMHA), informs MHProNews the city council reversed its decision. The …
Texas City Reverses Decision, Votes to Allow Manufactured Housing Read More
As the housing recovery sputters along from the Great Recession, trying to overcome the lowest percentage of homeownership in 20 years (63%), even with the aid of artificially maintained low interest rates, people are moving away from the McMansions with their high maintenance and trophy appearance, and paying more attention …
A class action lawsuit has been filed on behalf of 22 owners of manufactured homes (MH) in Burnside, Minnesota after the city sent notices telling the homeowners they need to remove their carports because they were installed without permits, according to kstp-tv5. City Code Enforcement Coordinator Christopher Forslund said the …
Lawsuit Challenges Removal of Manufactured Home Carports Read More
