Consumer spending rose +0.3 percent in February, as did personal income, lifting the Dow Jones Industrial Average above 16,400 earlier in the day, but the gains drifted during the afternoon to post a modest advance of 58.83 points, +0.36 percent, to end the week at 16,323.06. Meanwhile the Nasdaq nudged …
Affiliated Managers Group Rises Nicely; Berkshire only Tracked Stock to Slip Read More
The National Association of Home Builders (NAHB) says the most desirable features in a typical single-family home include walk-in closets in the master bedroom, low-e windows, a laundry room and a great room. Energy efficiency is also at the top of the list with Energy-Star appliances and windows, and programmable …
The Culpeper County Public Schools (CCPS) in Virginia are expecting another surge in student enrollment in the coming years, based on housing developments that have been approved, especially in the city of Culpeper. Farmington Elementary had the highest growth rate at 9.1 percent a year, and Culpeper Middle is the …
In a move designed to save the state and the citizens money, and streamline the purchasing process, the Alabama Manufactured Housing Commission (AMHC) is now offering online application for licensing manufactured and modular home installers. MHProNews.com has learned the installers log in with their certification, order the number of decals, …
Although the Cortland MHC in Cortland, Illinois has never been cited for any violation, an environmental inspector discovered several violations of the Illinois Environmental Protection Agency (IEPA) Act and Illinois Pollution Control Board (IPCB) regulations for allegedly discharging raw sewage on the grounds as well as on neighboring properties. Licensed …
Raw Sewage Fouling Manufactured Housing Community and Neighbors Read More
Ground was broken this week for a new modular combination medical/dental clinic and family resource center in La Puente, California, just east of Los Angeles. The 3,200 square foot facility, set to open this summer, will feature two dental exam rooms for no or low-cost screening and treatment for the …
Modular Health/Resource Center to Complete this Summer Read More
A new report by Prefab New Zealand and BRANZ says $40,000 can be shaved off the price of a new home using a prefabricated method of construction, and build time can be reduced 60 percent, which results in lower financing costs. Noting the urgent need to meet the current housing …
New Zealand’s Labour Party plans to Build 100,000 Modular Homes Read More
Stocks continued to fall in today’s trading, led by several banks, including Citi and Bank of America, as the Dow Jones Industrial Average slipped modestly, -4.76 points, -0.03 percent, to close at 16,264.23, while the Nasdaq fell -22.35 points, -0.54 percent, to close at 4,151.23. The S&P lost -3.52 points, …
LPX Gains the Most of Tracked Stocks, as the Three Major Indexes Slip Read More
Large private-equity firms that own some 200,000 single-family rental homes across the country have formed the National Rental Home Council (NRHC) to represent to the public the benefits of professionally-managed rental homes. Rental demand in communities across the country is strong,” says Gary DeLapp, President of Invitation Homes. “Our members …
Institutional Investors Form Organization for Single-family Rental Homes Read More
MHProNews has learned from alabamas13.com a family in Hamilton, Alabama is pleading with the city to allow their manufactured home (MH) to remain in place although it is evidently older than the owner’s bill of sale which says 2006. The city’s ordinance says no home over eight years may be …
Bill of Sale for Manufactured Home may be Manufactured Read More
Harrah’s announced on Wed 3/26/2014 the closure of their largest casino operations in Tunica on June 2. The move impacts some 1300 workers. “After exploring every other viable alternative, we have come to the difficult but necessary conclusion to close Harrah’s Tunica in an effort to appropriately position our business …
Last Hurrah for Harrah’s in Tunica; Future of Tunica Manufactured Home Show Clouded Read More
In the travel section of mensjournal.com regarding a vacation home, the cost and efficiency of building a modular or manufactured home are touted: They are built on an assembly line readied with appropriate materials for a particular pattern, and staffed with specialists. It is less expensive for the same reason, …
Men, Take Heed: Off-site Built Homes are Great for Getaways Read More
Often considered the Nobel Prize of architecture, this year’s Pritzger Architecture Prize has been awarded to Japanese architect Shigeru Ban, known as well for designing dwellings for survivors of disasters as he is for the headquarters of Swatch and Omega in Switzerland. He made a cathedral in Christchurch, New Zealand …
Prestigious Architect has Modular Container Housing in Portfolio Read More
Updating a story MHProNews.com last posted Feb. 12, 2014 regarding recovery and rebuilding efforts from the disastrous flooding in Colorado in September, 2013, the Federal Emergency Management Agency (FEMA) tab has risen from $267 million to $304 million, according to kwgn2.com. These funds have included FEMA disaster grants, flood insurance …
Social media and technology stocks drew a bad hand in today’s trading as all three major indexes fell, with the Nasdaq losing almost 1.5 percent . The Dow Jones Industrial Average dropped -98.89 points, -0.60 percent, to close at 16,268.99, while the Nasdaq fell -60.69 points, -1.43 percent, to close …
The RV/MH Hall of Fame Selection Committee has announced nominations for the class of 2015 are now open. Nominees must have a minimum of 25 years active experience in the manufactured housing, recreational vehicle or campground industries, as the elkharttruth.com tells MHProNews.com. Nominations must be submitted by Oct. 31, 2014 …
About six weeks ago, residents of the 20 households of the Seaview Trailer Court (STC) on the Washington coast learned why garbage sometimes piles up uncollected in their community: STC is being foreclosed on and will be auctioned off Friday, March 28 at the courthouse in South Bend, Washington. If …
Manufactured Home Community Owners Leave Trail of Neglect Read More
Looking only at sales of Fannie Mae and Freddie Mac, the Federal Housing Finance Agency’s house price index (HPI) reports home prices rose slightly in January over December, and increased 0.05 percent last month over January. Since February 2012, this marks the 23rd rise in in the past 24 months. …
Noting the proposed bipartisan legislation introduced by Senators Tim Johnson (D-SD) and Mike Crapo (R-ID) that recognizes the importance of manufactured housing, Nathan Smith, Manufactured Housing Institute (MHI) chairman and partner at SSK Communities, says, “Gaining access to the secondary market for our home loans has long been a top …
MHI Applauds Senate Banking Committee for Housing Finance Legislation Read More
The National Association of Home Builders (NAHB) reports sales of newly-built, single-family homes fell 3.3 percent to a seasonally annual adjusted rate (SAAR) of 440,000 units in February, 2014, based on data from the Census Bureau and the Department of Housing and Urban Development (HUD). “We still expect 2014 will …
