Skyline Homes, Inc. (SKY), Elkhart, Indiana, reports a 27% increase in their net sales in the second quarter of fiscal 2015. This represents net sales from continuing operations of $49,667,000, compared to net sales of $39,208,000 from continuing operations in the year ago quarter. During the second quarter, Skyline completed the sale of […]
Skyline Homes Reports a Profit in Fiscal Second Quarter 2015 Read More
Given the positive impact of shale production on new manufactured housing, modular and workforce housing shipments, MHProNews has been tracking for some time expert commentary on the topic. As oil’s long slide continued, the U.S. Energy Department predicted that production from U.S. shale operators will begin to decline in the
Shale Drilling Slowdown Predicted Read More
A fire at one of Skyline Homes’ manufacturing plants in Upper Leacock Township, near Lancaster, Pennsylvania, on Thursday evening (Jan. 8) destroyed three homes that were under construction. Fire officials determined that the cause of the fire was likely a malfunctioning electric fan used to remove moisture from drywall. Lancaster Online
Fire at Skyline Homes Factory Will Not Slow Down Production Read More
Manufactured home assistant retail manager Victor Frost says via an Industry Voices OpEd what he thinks the other side of the recent tornado stories should be. In a calm, collected analysis, Frost points out examples of what many would objectively see as media bias and slanted reporting. Frost shares comments on
Balanced Reporting? MS Tornadoes, Stick Built and Manufactured Homes Read More
The Luna County government in Deming, New Mexico, says they’ve been losing revenue when manufactured homes are moved by owners without paying taxes on their homes. The town of 14,855, with some 25,000 residents in the entire country, is located 33 miles from the Mexican border. They estimate losing approximately
County Takes Action to Collect Tax Revenues on Manufactured Housing Read More
Emmett, Idaho based T.J.T. Inc., reported their fourth quarter and 2014 fiscal year results. TJT (OTC Markets: AXLE) is a supplier of axles, tires and installation supplies for the manufactured home industry, says BusinessWire and HearldOnline. Income before taxes was stated as $247,912 on net sales of $6,163,707. Fourth quarter
T.J.T., Inc. Results for Q4 and Fiscal Year 2014 reported Read More
While many in factory-built housing naturally tout the clear benefits of modular home building, recent housing reports reflecting gains in production of on-site home sales show those results dwarfs modular production. The National Association of Home Builders (NAHB) Chief Economist David Crowe sees good signs in housing overall. Crowe
Overall Housing Growth, but its a Mixed Bag with Modular Homes sales results Read More
In a recent Question and Answer column in Maine’s Tri-Town Weekly, a commentary by news writer John McDonald was published under the headline, DOWN THE ROAD A PIECE: On the move. McDonald’s column was in reply to an email received from “Frank,” who wrote: “We moved here from a southern
Negative views about Manufactured Housing in the media – do we just expect and accept it? Read More
Cavco Industries, Inc. released earnings data, Property Mentor Group tells MHProNews. Cavco is the number 2 producer of manufactured and other factory built homes in the U.S.. The company reported $0.61 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.61. The company had revenue of $139.30 million
Property Mentor gives thumbs up on Cavco Industries Read More
As the name implies, we’re launching a new MHProNews feature that will make it easier for the Sunday morning coffee drinker to pick up their tablet, smartphone or laptop and catch up on news as it relates to the manufactured housing industry. What that means is we cover manufactured, modular
Sunday Morning Manufactured Housing Daily Business News Weekly Recap – 11.9-15.2014 Read More
The fight goes on to protect thousands of manufactured homes owners and some related businesses in Bulloch County, GA. WTOC tells MHProNews that “Hundreds of mobile home owners demanded changes at a meeting last night in Bulloch County, where commissioners will adopt restrictions they passed last month. Under the rules,
Effective immediately, manufactured homes will be eligible for CalHFA FHA first mortgages, including CalPLUS FHA first mortgages, California Manufactured Housing Institute (CMHI) tells MHProNews. Eligible manufactured homes must meet all FHA and US Bank guidelines, including requirements for a permanent foundation. The borrower’s minimum credit score must be 660 or
CalHFA FHA First Mortgages will accept Manufactured Homes Read More
The Department of Energy is considering new efficiency rules, download linked here, for residential non-weatherized gas furnaces and “mobile home” gas furnaces. The Energy Department’s Office of Energy Efficiency and Renewable Energy announced Wednesday it will hold a public meetings to discuss the proposed rules. This comes after a federal
New Rules for Gas Furnaces from Department of Energy Read More
When the temperatures drop in wintertime, owners of Manufactured Homes reap a great benefit, lower heating bills. One of the top trends driving today’s housing market is the demand for energy-efficient homes that don’t sacrifice comfort for quality. Here’s what is trending for 2015 and beyond. “Because of the way
Manufactured Homes Soar in Energy Efficiency, says University of Michigan Read More
The Del Oro Water Co., which serves the Quail Trails Village Mobile Home Park in Paradise, California, in responding to resident’s complaints about the foul-smelling water, says that because of the water shortage, more chemicals are needed to treat the existing water. But the company adds that it is bacteria
Drought Affecting Water Quality in California Read More
Residents of the Hala Point Mobile Home Park in Panama City, Florida are concerned that a 40-unit apartment development will increase flooding in the community because the county’s drainage system is inadequate, according to newsherald. County storm water engineer Josee Cyr says, “The drainage system out there is probably adequate
Manufactured Home Community Residents Concerned Development will Increase Flooding Read More
Under the current Sussex County (Delaware) code, manufactured homes (MH) are lumped together with hotels, motels and tourist homes, but a new proposal under consideration would consider them as dwellings, according to villagesoup. A public hearing on a proposed RV community and campground for Castaways at Massey’s Landing triggered the
Manufactured Homes not Dwellings in Sussex County Read More
The Housing Authority of the City of Napa (HACN) will administer a no-cost home repair loan over a 30-year term to low-income residents who need repairs and upgrades to their homes in Calistoga, California. The half-million grant will be available to those who make 80 percent or less of the
Manufactured Housing Residents Eligible for No-cost Repair Loans Read More
The New York Times ‘ recent article on the MH/CFPB issue states that manufactured homes have become a crucial source of affordable housing in the South, West and northern New England, according to the Consumer Financial Protection Bureau’s (CFPB) report last month, with prices of less than half the $94 per square
New York Times on CFPB – Manufactured Homes Crucial to Affordable Housing Read More
While the Great Recession took the wind out of the sails of Elkhart County, Indiana’s two largest industries – manufactured housing (MH) and recreational vehicle (RV) – RV manufacturers are now cheering their great recovery while the MH industry continues to slowly move forward, locally as well as nationally. The
Indiana RV Industry Recovering Well; MH Industry Recovering Steadily Read More
