A recent poll commissioned by the National Association of Home Builders (NAHB) shows that homeownership is still at the core of the American Dream. According to the Times NWI, even as housing markets continue to recover at different rates around the country, the American Dream of homeownership remains strong – …
Homeownership Remains the Core of the American Dream Read More
At a recent Ronda, North Carolina Board of Commissioners meeting, guest speakers had a lot to say, dominating the entire first half hour. According to the Elkin Tribune, the issues were around Ronda’s Mobile Home Resolution and Shady Hill Mobile Home Park. David Yelverton and Shannon Neal, potential purchasers of …
In the northern California city of Arcata, the City Council voted last week to approve a draft ordinance on rent control for manufactured home communities. According to the Times-Standard, the draft ordinance is based of Humboldt County‘s Measure V, which was approved by voters in November. The Daily Business News …
A new month means new-featured articles on the MHProNews.com home page. This month’s theme? Frank, Frustrations and Free Enterprise February in MHLand, 2017. To see the line-up of over 3-dozen featured articles for this month, along with the headline commentary, please click the link above. Manufactured, modular and prefabricated home …
In Utah, the relationship between manufactured home community owners and residents has been a long-standing, and well known battle. But recently, what some on both sides are calling “a miracle” has taken place. According to the Salt Lake Tribune, those who support resident and community owner rights have joined forces …
In Vancouver, the city has unveiled its latest tool in the effort to end homelessness and increase affordable housing options: modular housing. According to The Tyee, Vancouver Mayor Gregor Robertson, federal minister Jean-Yves Duclos, and Vancouver Affordable Housing Association’s interim CEO Luke Harrison officially opened 220 Terminal Avenue this week, …
For most homeowners, the belief is that it’s all about location, location, location. Now, a community preference survey from the National Association of Realtors (NAR) shows that, along with access, is indeed the case. According to the Lansing State Journal, the survey shows that most homebuyers say their ideal community …
In the town of View Royal, British Columbia, the potential sale of a community, and developer plans, have residents wondering about their next move. According to the Gold Stream Gazette, Eric Gieringer and his family have owned Thetis Lake Campground for the last 41 years. On January 12th, Gieringer sent …
In Midway City, California, American Family Housing and GrowthPoint Structures have come to the rescue to help house the area’s homeless veterans. Potter’s Lane, which consists of 16 studio-apartment units refurbished from cargo containers, is said to be the first example in the nation of a multi-unit permanent housing complex …
News/Analysis. The Duty to Serve (DTS) is widely seen as important for the future of manufactured housing financing by sellers, and for refinancing with personal property loans made more widely available for manufactured home consumers. The DTS issue is not without controversy, as commentary by M. Mark Weiss of MHARR …
Senator Ted Cruz (R-TX) and Rep. John Ratcliffe (R-TX) put forth legislation on Tuesday to abolish the Consumer Financial Protection Bureau (CFPB). “This legislation would give Congress the opportunity to free consumers and small businesses from the CFPB’s regulatory blockades and financial activism, which stunt economic growth,” said Cruz. The …
In the state of Nevada, the Department of Business and Industry presented a plan last week to combine the manufactured and state housing divisions. According to administrators, the move will improve efficiency and responsiveness to the public. “The merger would provide better service and open up resources for the agency,” …
The Safe Haven Mobile Home Park in Iberia Parish, Louisiana, has a very interesting history. But, unlike most communities, this one has accomplished that feat without even being built. According to the Daily Iberian, before a permitting battle could begin, the Iberia Parish Council was eyeing its manufactured home community …
Stopped Before They Can Start? MHC Develop Stalled Read More
In California, the San Francisco Bay Area is one of the most expensive places to live in the state. Some one-bedroom apartments in downtown San Francisco can start at $4000 per month. South of San Francisco, in the city of Sunnyvale, one of the last affordable housing havens in the …
In a story that we first covered last week, San Antonio Federal Credit Union (SACU)/CU Factory Built Lending (CUFBL)/Mountainside Financial tells MHProNews that they have changed their name to Credit Human Federal Credit Union. The change of name better reflects the credit union’s commitment to improving the lives of those …
What’s the biggest factor driving site built property transitions? The answer may surprise you, but the opportunity for the manufactured housing industry won’t. According to National Mortgage News, research from the Mortgage Bankers Association’s Research Institute for Housing America (RIHA) shows that a homeowner’s equity position is one of the …
Manufactured Housing – Hope for Ownership Versus Rentals? Read More
A new month means new-featured articles on the MHProNews.com home page. This month’s theme? Frank, Frustrations and Free Enterprise February in MHLand, 2017. To see the line-up of over 3-dozen featured articles for this month, along with the headline commentary, please click the link above. Manufactured, modular and prefabricated home …
In a story that MHProNews covered first in manufactured housing, Jim Clayton, Founder and Chairman of Clayton Bank and Clayton Homes, confirmed the “merger” of Clayton Bank and Trust and American City Bank (collectively “Clayton Banks”) and FB Financial Corporation (NYSE: FBK), in a deal valued at $284.2 million. This …
Jim Clayton Exclusive on Clayton Bank/FirstBank Merger to MHProNews Read More
The town of Faro in the Yukon Territory of Canada wants to move the factory-built homes from land it owns in order to develop a recreational vehicle park, much to the consternation of residents who assert some of their homes are too old to move, according to what cbc.ca tells …
Canadian Town wants Factory-built Home Site for RVs Read More
The proposed expansion of a manufactured home community in Water Valley, Mississippi, appears to have hit a snag after a city meeting this week. According to the Oxford Eagle, city officials said that the city does not have the capacity to provide sewage for the entire project. In response to questions …
