A new survey from the National Association of Realtors (NAR) shows that a combination of job gains and economic optimism are igniting consumer confidence across the country, particularly in rural and middle America. The ongoing quarterly Housing Opportunities and Market Experience (HOME) survey from the NAR asked respondents about their …
Economic, Financial Optimism Surges – Trump Effect? Read More
Although it’s still considered a small share of the market, the growing buzz around so-called “tiny homes,” has opened up a new market for insurance. According to Insurance Journal, while enthusiasm does run high, so do the challenges and realities that the tiny home industry, and owners, face: building codes, …
Is there a correlation between the recent “day without immigrants” and the building of fewer new homes? According to CBS News, it’s an open secret that many unauthorized immigrants work in the construction industry, and while they represented a five percent share of the U.S. civilian labor force in 2014, they …
Fewer New Homes – Opportunity for Manufactured Housing? Read More
An upcoming presentation in Sandyston, New Jersey, takes a fun and interesting look at the impact that Sears Roebuck had on prefabricated or “kit-homes” as they were called at the time. The popular homes also, in part, inspired the Chevy Chase neighborhood just outside of Washington, D.C. “The houses that …
In a story that the Daily Business News has followed closely, mortgage company PHH is taking its battle with the Consumer Financial Protection Bureau (CFPB) to a new level. According to HousingWire, the company is asking the Court of Appeals for the District of Columbia Circuit to not simply declare …
In a recent meeting with community bankers from around the country, President Donald Trump said that reducing Dodd-Frank regulations would benefit Small and Medium Enterprises (SMEs) that are struggling to get access to financing. According to Pymnts, in the March 9th meeting, which also included National Economic Council Director Gary …
New data from Redfin shows that more consumers than ever before are in the market for a home. While sales are picking up, new home construction is well below levels prior to the recession of 2008. Could manufactured housing be the solution? According to National Mortgage News, there are key …
Constraints on New Home Construction – Is MH the Answer? Read More
The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews that it has formally called upon the Secretary of the U.S. Department of Energy (DOE), Gov. Rick Perry, to withdraw its proposed manufactured housing energy rule. MHARR says that the proposed rule is “rooted in climate change activism and advanced …
MHARR to Secretary Perry: Withdraw Unnecessary MH Energy Rule Read More
Our theme for this month is The Manufactured Housing Industry’s March Madness, and our featured articles are now live on the MHProNews.com home page. To see the line-up of over three dozen featured articles for this month, along with the headline commentary, please click the link above. Manufactured, modular and prefabricated home professionals …
Even with over 300 households currently in manufactured home communities in Steamboat Springs, Colorado, the tried and true solution to the challenge of affordable workforce housing does not appear to be a priority. According to Steamboat Today, the Yampa Valley Housing Authority, with city and county support, owns the Fish …
Manufactured Housing and Workforce Housing, Practical Partners Read More
A new survey from the National Association of Realtors (NAR), shows some rather interesting statistics, and opportunities for the manufactured housing industry. According to Furniture Today, the 132-question survey, as a part of the 2017 Home Buyer and Seller Generational Trends study, showed that “Generation X” households are buying more …
For President Donald Trump, the news regarding jobs made for a great morning. “U.S. private sector job creation surging with nearly 300k created last month. Much more than expected!” tweeted Trump. Today’s report from global payroll firm ADP provides the first look at hard figures from the President’s first full …
Jobs Go Boom: Employment Numbers Show Trump Effect Read More
Sam Zell is no stranger to success, or “knowing where the money is.” It appears he’s found his next target. According to the Bloomberg Quint, the billionaire real-estate investor and chairman of Equity LifeStyle Properties (ELS) is joining Continental Resources Inc.’s Harold Hamm in the growing list of enthusiasts of …
The Manufactured Housing Institute, and its president and CEO, Richard A. Jennison, are required as a tax-exempt organization to keep and file certain records. One of those reports was obtained by MHProNews, and is attached herein. MHI’s organizational mission statement as obtained from GuideStar, reads as follows. MISSION STATEMENT “Improve …
As we enter the month our theme is The Manufactured Housing Industry’s March Madness, and our featured articles are now live on the MHProNews.com home page. To see the line-up of over 2-dozen featured articles for this month, along with the headline commentary, please check out the Masthead blog on Tuesday …
Every year for many years now, Darrell Boyd, Senior Vice President from Jacksonville, Florida based Triad Financial Services brings banks, credit unions, investors and other financial services professionals to the Louisville Manufactured Housing Show. The goal? To begin the process of introducing new capital to the market, or to reinforce …
The Senate, in a 58-41 vote Thursday, has confirmed Dr. Ben Carson to be the next Secretary of the U.S. Department of Housing and Urban Development (HUD). Carson’s nomination was approved by a bi-partisan majority of the Senate Banking, Housing and Urban Affairs Committee in a vote on January 24, …
Ben Carson Confirmed as HUD Secretary, MHI and MHARR Commentary Read More
Leading up to his speech to a joint session of Congress Tuesday evening, many were curious as to exactly how President Donald Trump would approach the moment and what his message would be. Post speech, the responses, and where they came from, were quite interesting. “This will be a very …
The report is in from the National Association of Realtors (NAR). According to Housing Wire, insufficient supply levels and contract activity in the West and Midwest decreased, bringing down pending home sales to their lowest level in a year. The Pending Home Sales Index is a “forward looking indicator,” based …
With mortgage rates now beginning to move, those in the market felt the first effects of rising rates in December. According to Housing Wire, information from First American Financial Corp., a provider of title insurance, settlement services and risk solutions for real estate transactions, shows that the company’s price index …
