With buyers experiencing difficulties finding financing to buy manufactured homes (MH), UMH Properties, Inc. (NYSE:UMH) President and CEO Sam Landy says the company is doing well with rentals and expects occupancy rates to reach “high 90 percent,” according to reit. Noting that the company intends to add 500 rental units […]
Rentals Increasing for UMH; Date Set for Releasing Q2 2015 Results Read More
In a legal ruling similar to one MHProNews reported June 29, 2015, regarding the siting of manufactured homes (MH) within a jurisdiction based upon age, Lake County, California is proposing to exclude homes older than ten years, but with exceptions. If the home has been owned by the applicant for
Proposal Restricts Siting of Manufactured Homes Read More
Noting that the current rate of homeownership of 63.8 percent is the lowest since 1989, A. Mechele Dickerson writes in nationalmortgagenews that the housing industry needs to be more creative in the housing it builds, and local jurisdictions need to be more flexible in the types of housing allowed in
Home Ownership for Millennials could Lead to Manufactured Homes Read More
MHPronews has learned from wfie14news that SSK Communities has acquired the 353 home site Lamp Lite Estates manufactured home community (MHC) in Owensboro, Kentucky and intends to “make significant improvements” which will include changing the name to Riverbend Pointe. Nathan Smith, SSK co-founder and Chairman of the Board of Directors
SSK Communities Plans Revamping of Manufactured Home Community Read More
MHProNews has learned from timesleader of Martins Ferry, Ohio that Harrison County Treasurer Vicki Sefsick announced all real estate and manufactured home bills for the county for the second half of the 2015 toax season have been mailed to those who own property or manufactured homes. The county seat, Cadiz,
Tax Bills Mailed for Manufactured Homes in Ohio Read More
After spending a day cleaning up debris around Wimberly, Texas, in the wake of the flooding that ravaged parts of the state, Alberto Pina, general manager of Mobile Homes Direct 4 Less, is offering new manufactured homes at cost to people who lost their homes, according to PRWeb. “The pictures
Texas Dealer Offering Manufactured Homes at Cost to Flood Victims Read More
A Missouri Supreme Court decision from two years ago that made the sale of used manufactured homes (MH) taxable has been reversed and signed into law by Governor Jay Nixon. Introduced by Rep. Sandy Crawford as HB 111, the sale of used MH had not been taxable for the 20
Sales Tax Rescinded on used Manufactured Homes Read More
In manufactured housing news, UMH planning MHC as other MHCs closing, programs help MH buyers, MHC sells for $98k per homesite, Texas reports MH sales. In modular news, Magnolia Homes may be revived, Brad Pitt moves mods to Indian Rez, Mods house Irish homeless, micro mods go urban. In company
Sunday Morning Recap June 14, 2015 to June 20, 2015 Read More
The Delaware Sustainable Energy Utility says thousands of Delawareans are living in energy inefficient manufactured homes whose residents are spending twice as much per square foot on energy costs, according to wdel107fm. Tony DePrima, executive director of the state-created organization, said his staff is working on a pilot program that
Pilot Program will Provide Energy Efficient Manufactured Homes in DE Read More
The Texas Manufactured Housing Association (TMHA) informs MHProNews of the new and used manufactured homes sold retail for the first quarter of 2015, based upon the Texas Department of Housing and Community Affairs (TDHCA) statistics. There is a 75 day window for gathering and processing the information so accurate figures
Texas Reports Sale of Manufactured Homes Read More
Updating a story MHProNews posted June 10, 2015 regarding the closing of Gerry Park for Mobile Homes in Gary, Indiana, and residents concerns of having to move, Gary Mayor Karen Freeman-Wilson says a meeting between company officials and residents has resolved some of the issues. No company representative was at
Residents of Closing Manufactured Home Community have Concerns Addressed Read More
Residents of manufactured homes with a taxable value under $61,000 in Lakeland, Florida will have to pay a disproportionate amount of the proposed fire assessment fee policy compared to other residents of the city, according to a methodology used to determine the fee. Bill Brent of the Federation of Manufactured
Fire Fee in Florida Disproportionately Affects Manufactured Home Residents Read More
With the population of La Plata County, Colorado expected to increase by 52 percent over the next two decades, 790 dwelling units will need to be built annually to meet the demand, according to a study by the La Plata County Regional Housing Alliance (RHA). Using data from the Colorado
Manufactured Homes Planned for Durango, but More could be Justified Read More
New Jersey continues to deal with the rebuilding of homes along the Atlantic Coast as a result of Hurricane Sandy, the Oct. 2012 storm which killed 117 people in the U. S., leveled thousands of homes and left a path of destruction costing $65 billion. The Christie administration has set
Manufactured Homes Still on Assistance List in the Wake of Hurricane Sandy Read More
Residents at Riverbend Mobile Resort in Reedsport, Oregon are concerned because the ground under their homes is shifting, and in some cases damaging the homes in the community. Riverbend Residents Committee Chair Randy Osborn says, “Homes continue to sink. As they sink, people can’t afford to have them jacked up.
Ground under Manufactured Home Community Shifting Read More
In manufactured housing news, L. A. “Tony” Kovach defines path to revitalize the MH industry, while one MH supplier picks new head, another MH producer closes, HUD Code production continues rising, MHC reverting to stick-built homes, Cavco seeks tax abatement, AZ MHC closing, Sen. Donnelly and MHI’s Jennison defend H.R.
Sunday Recap May 31, 2015-June 6, 2015 Read More
MHProNews has learned from kota tv that Magnolia Homes in Gering, Nebraska has closed its doors, and area development officials are looking for a new tenant. Citing large job losses and difficult finance problems in North Dakota due to the drop in oil prices, owner Harry Karsten sent a letter
Magnolia Manufactured Homes Closing Read More
In his fourth installment on General Manufactured Housing Industry Topics, MHProNews and MHLivingNews publisher L. A. “Tony” Kovach says getting Realtors ® involved in the sale of manufactured homes can be a mutually profitable proposition. “We believe there is obvious value in having real estate agents who already know manufactured
Realtors ® and Manufactured Home Dealers should develop a Symbiotic Relationship Read More
Champion Home Builders, Inc. of Troy, Michigan announced today that Keith Anderson, interim CEO since Jan. 2015, has been named President and CEO of the producer of manufactured and modular homes and commercial buildings. Having joined the company’s Board of Managers in 2013, he served as president and CEO of
Keith Anderson Appointed New CEO at Champion Read More
The Manufactured and Modular Home Association of Minnesota informs MHProNews its 2015 Spring Conference kicks off the evening of June 8 in Plymouth, MN with an outdoor reception. Workshops during the Conference include: 2015 Session Update and Special Session Manufactured Home Sales, Required Forms, Laws, Installation Standards, and Licensing Reqirements
MMHA Sets Spring Conference Read More
