In Belgrade, Montana, the Human Resource Development Council (HRDC) has looked to modular housing as a solution to what the organization calls “immense affordable housing needs.” According to Belgrade News, the HRDC will add 20 small modular homes to land that they already own. “The soon-to-be housing development will be …
Skyline Corp. (NYSE: SKY) tells MHProNews that Jeff Newport has been promoted to Chief Operating Officer. Newport previously served as Senior Vice President of Operations, joining Skyline in February 2016. “Jeff has already made a significant impact on our operations and his promotion to Chief Operating Officer is well-earned,” said …
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 …
Once known for its booming modular and manufactured home industry, Oxford, Maine has been dubbed the “Manufactured Housing Capital of New England.” Sadly, a downturn in May 2016, including the shutdown of Keiser Homes, cost at least 120 workers their jobs. The Daily Business News originally covered that story here. But …
Fox News and most mainstream media sources are urging caution to professionals and others answering cell phones and landlines from incoming calls from an “unknown caller” or a phone number you may not recognize. The scam, as the two news videos below reveal, works like this. The caller will ask …
In the great state of Indiana, a bill recently passed in the state house regarding manufactured housing dealerships that has a rather interesting twist. House Bill 1119 was passed 94-0, and it places Manufactured Housing Dealers back into Indiana law. According to the Indiana Manufactured Housing Association (IMHA), State Representatives …
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
In Carbon Hill, Alabama this week, the City Council heard about a possible plan from developers to use a couple of old manufactured home plant facilities to make small-sized homes, aka “tiny houses.” Charles Phillips, his son, Charles T. Phillips, and Jim Clark spoke to the council about their plans. …
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 …
Washington, D.C., February 28, 2017 – The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews that Executive Orders issued by President Trump within the past thirty days provide an unprecedented opportunity for the federally-regulated manufactured housing industry and American consumers who rely upon manufactured homes. The orders, says MHARR, …
MHARR: President Trump’s Actions Offer Major Opportunity for MH Industry and Consumers Read More
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 …
When the “Oracle of Omaha” speaks, people listen. Actually, millions of people listen. On February 25th, Warren Buffett delivered his annual letter to shareholders. In his letter, the manufactured housing industry was front and center, as Buffett discussed Clayton Homes. “Clayton and Berkshire have been a wonderful partnership,” wrote Buffett. …
The Report, Warren Buffett, Kevin Clayton and Clayton Homes Read More
The Louisiana floods of 2016 devastated Baton Rouge, and left many without homes. It also left more questions than answers in the response from the Federal Emergency Management Agency (FEMA). And now, one member of Congress is demanding answers, including why 84-year-old Baton Rouge resident Everett Wilson died in his …
As we wrap up the month of February, our featured articles are 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 …
Sun Communities, Inc. (SUI) has reported its Q4 2016 earning results. Total revenues for the quarter increased $50.4 million, or 30.0 percent, to $218.6 million compared to $168.2 million for the same period in 2015. Net loss attributable to Common Stockholders was $1.6 million, or $0.02 per diluted common share, …
Elkhart, Indiana-based Skyline Corp. (NYSE: SKY) announced in an 8-K filing with the SEC last week that it plans to suspend operations at its manufactured housing facility in Mansfield, Texas. “The suspension is due to the plant being unable to profitably operate since it was converted from producing recreational vehicles …
The January U.S. home sales report is out and shows that sales have reached their highest level in a decade, despite limited supply and rising prices. According to The Real Deal, deals on previously owned homes, which comprise the overwhelming majority of U.S. sales, hit a seasonally adjusted annual rate …
As the Trump Administration prepares its first budget, a familiar name is on the chopping block. Legal Services Corporation, AmeriCorps, the National Endowments for the Arts and the Humanities, and the Corporation for Public Broadcasting (CPB), parent of National Public Radio (NPR), are all in the crosshairs for cuts. According …
Trump Administration Readies Budget Cuts, Familiar Name on List Read More
Wyoming, a state with one of the highest populations of people residing in manufactured homes, is working on leveling the playing field for owners. According to Wyoming Public Media, the state does not currently extend the same rights to manufactured home owners as it does for site built homeowners, but …
Bill Could Improve Economic Mobility for MH Owners Read More
Washington, D.C., February 21, 2017 – The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews that it has filed written comments on a December 16, 2016 rule proposed by the U.S. Department of Housing and Urban Development (HUD) to modify minimum payments provided to State Administrative Agencies (SAA) within …
