Weak manufacturing date from China and concerns about Greece’s economy sent the Dow Jones Industrial Average plunging -3.51% to close at 10,733.83, a loss of -391.01 points. The Yahoo! Finance Manufactured Housing Composite Value declined .84% to 731.9, but housing stocks closed mixed. Affiliated Managers Group 78.56 -2.22 (-2.75%)). Clayton […]
Stock Prices Fall 4% as Fear for Global Economy Dominates Market Read More
The Dagger Press reports from Aberdeen, Maryland, that Bruce E. Garner will seek re-election to the Aberdeen City Council in the municipal election balloting in November. A 35-year veteran of the manufactured housing industry, Garner served ten years as general manager for a large manufactured home retailer in the northeast,
Veteran MH Retailer Seeks Another Term on Council Read More
The Dow Jones Industrial Average dropped 283.82 points to close at 11,124.84, losing 2.49% of its value after the Federal Reserve announced it is not changing rates, and Operation Twist is on. The Yahoo! Finance Manufactured Housing Composite Value declined to 738.20, off -4.33%, as many housing stocks took a
Dow Drops on Disappointing News from the Fed Read More
CNNMoney reports the Dow Jones Industrial Average inched 7.65 points higher today, gaining 0.07% to close at 11,408.66 as fears about Greece’s economic turmoil fell somewhat. Yahoo! Finance reports the Manufactured Housing composite dropped 1.26% to end the day at 771.60. Affiliated Managers Group 84.40 -1.16 (-1.36%). Clayton Homes, Vanderbilt
Dow Strengthens in Midday then Falls, Registering Modest Gain Read More
In an op-ed piece in the Minot Daily News in Minot, North Dakota, Lance Kennedy, president of the North Dakota Manufactured Housing Association, says eight manufactured home communities, representing 800 homesites, were wiped out by the flooding of the Souris River earlier this spring. He says the government removed trash
Lance Kennedy of North Dakota MHA Speaks Out Read More
“Pathway Paved Toward Progress” by Danny Ghorbani, read all about it in the Industry Voices Guest Blog.
“Pathway Paved Toward Progress” Read More
As a follow-up to our previous report, dated August 4, 2011, regarding a biased and flawed study entitled “Manufactured Home Fires – July 2011,”published by the National Fire Protection Association (NFPA) and distributed to members of the Manufactured Housing Consensus Committee (MHCC), attached, for your review and information, are copies
MHARR Responds To NFPA Justifications For Fire Study Read More
SeekingAlpha reports on stocks positioned to take advantage of current needs and future improvements in the housing sector. The report notes that while single family housing is still struggling, multi-family housing starts are up almost 8% in July with FHA multi-family mortgages at a record high. Home fix ups as
Seeking Alpha likes Buffett’s Berkshire Hathaway in housing Read More
Republic reports that the Donaldsonville (LA) City Council planned a discussion next week about amending its law regulating “mobile homes” within their city limits. The Advocate reports (http://bit.ly/pozgCX ) council members decided during Tuesday’s meeting to place the issue on the Sept. 19 agenda for further discussion. At question is
Manufactured home placement law to be reviewed by city Read More
Home Builder Sentiment Stuck at Low Level in August The National Association of Home Builders/Wells Fargo home market index held at 15 this month on a seasonally adjusted basis. Readings above 50, not seen since April 2006, are considered favorable. “The uncertain economic climate and concerns about job security
MHI News Wire August 2011 Read More
Eonline has likely done mainstream media, the RV and manufactured housing business a favor by visually depicting what a ‘trailer’ is in their recent story on Ashton Kutcher. Kutcher has replaced Charlie Sheen on the set of Two and a Half Men. The 1000 square-foot, two level luxury trailer is
Ashton Kutcher’s luxurious Two and a Half Men ‘Trailer’ Read More
TandD reports the Orangeburg County Planning Commission gave unanimous approval to a new zoning classification proposal allowing single-section HUD Code home placement in areas which already have a mixture of site-built, single-sectional and multi-sectional manufactured homes. Commissioners voted to approve the proposal for creating the RS-2, Single-Family/Manufactured Home District and
Zoning vote could ease locating single sectional manufactured homes Read More
MHI members have been busy working on various technology solutions to meet increased energy efficiency standards for manufactured homes that could be beneficial for HUD-Code manufacturers to meet anticipated new DOE energy efficiency standards for manufactured homes, and for modular builders to meet state energy efficiency codes utilizing less costly
MHI Update on SBRA Advanced Envelope Design Project Read More
Earlier this month, the House Financial Services Committee approved legislation (H.R. 1751) sponsored by committee chairman Spencer Bachus (R-AL) that would require all new manufactured homes be equipped with NOAA weather radios. For a copy of the legislation click here, for a copy of the committee report, click here .
MHI Continues Efforts on Weather Radio Legislation Read More
JetsonGreen reports the completion of another i-House in eco-friendly Green Bridge Farm. The 25 lot subdivision is located in Effingham County, GA. The owner, Charles Davis, doesn’t expect to have an electric bill because the home has a butterfly roof with solar panels. The home is generating enough electricity to
i-House Net Zero Utilities draws eco-positive attention Read More
RealEstateRama reports the Federal Housing Finance Agency (FHFA), in consultation with the U.S. Department of the Treasury and Department of Housing and Urban Development (HUD), has announced a Request For Information (RFI). The RFI seeks input on new options for selling single-family real estate owned (REO) properties held by Fannie
FHFA, HUD and Treasury calls for RFI input on disposition of REOs Read More
KFGO reports that the number of homes that FEMA now has targeted for Minot and Burlington ND has reached 1650. Flooding of the Souris River this summer drove hundreds from their homes in this area. 600 of the FEMA homes, which are built to the HUD Code and are thus
FEMA MH orders rise to 1650 to serve area flooding victims Read More
Watch the latest video at video.foxnews.comFoxNews reports the following quotes on Dodd-Frank in this recent interview by Greta van Susteren with Zachary Goldfarb with the Washington Post. SEN. RON JOHNSON, R-WIS.: The thing that would really get our economy going again is if we would repeal the entire Obama agenda
Senators say Repealing Dodd-Frank would boost economy Read More
RealDeal reports on a recent study by the Urban Land Institute (ULI) which looks at the market impact of the nation’s eighty million echo boomers. Echo boomers, are age 18-32 and are also known as Gen Y and millennials. This group has 200 billion in annual buying power. Carol Ruiz,
Developers target Gen Y homebuyers Read More
PressEnteprise reports that Calimsa’s CA City Council will review the rent control ordinance on August 15th. A full house is expected as residents and community owners plan to attend the hearing. City Manager Randy Anstine stated they will make no decisions but will take input on the topic. A sunset
Rent Control in manufactured home communities on the agenda Read More
