Matthew Silver

Following a 25-year career operating a custom hardwood furnishing business and occasional writing, Matthew Silver has been writing professionally for over a dozen years, six of those for the factory-built housing industry. Otherwise, he may be found performing folk music in the Indianapolis area.

Regulations Proposed for Manufactured Home Communities in Tennessee

By / February 16, 2014 / Communities, home buyers, Manufactured and Modular Housing News, Manufactured Homes, People, regulation

Representatives from Clayton International Homes in Middlesboro, Kentucky and members of the Claiborne Planning Commission (CPC) in Clairborne County, Tennessee discussed new regulations governing manufactured homes being sited by their owners on privately-owned land. CPC Chairman Jerry Brooks wants to make sure roads in the developments are adequate for emergency …

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Abatement Granted for Abandoned Manufactured Home

By / February 16, 2014 / Communities, Legal, Manufactured and Modular Housing News, Manufactured Homes

The Emmet County Board of Supervisors in Estherville, Iowa has granted a $448 tax abatement to the Green Acres manufactured housing community (MHC) for an abandoned home no one has lived in or paid taxes on for four years. As the esthervilledailynews.com tells MHProNews.com, Treasurer Vickie Jurrens attempted several times …

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First-Time Manufactured Home Buyers Might Save

By / February 14, 2014 / Advocacy, Communities, Manufactured and Modular Housing News, Manufactured Homes

MHProNews.com has learned from Joe Kelly, executive vice-president of the Iowa Manufactured Housing Association (IMHA), that the Iowa Legislature is considering House Study Bill (HSB) 638, which would provide for the creation of first-time home-buyer savings accounts. First-time manufactured home purchasers, whether in real estate applications or in communities, would …

First-Time Manufactured Home Buyers Might Save Read More

School uses Modular Classrooms until Rebuild is Completed

By / February 14, 2014 / Factory-Built Homes, Manufactured and Modular Housing News, Modular

MHProNews.com has learned from fredericksburg.com in Virginia the Colonial Beach School Board told the Town Council it needs $1.26 million to renovate the elementary school that were devastated by a fire Jan. 6, 2014, while students use modular classrooms that have been sited near the current Colonial Beach High School. …

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Manufactured Housing Composite Unchanged Third Day

By / February 14, 2014 / Business, Manufactured and Modular Housing News

While the S&P is closing in on its record high, the Dow Jones Industrial Average is up two percent on the week and the Nasdaq is up three percent, and all three closed in positive territory to end the week. CNNMoney reports the Dow Jones Industrial Average gained +126.8 points, …

Manufactured Housing Composite Unchanged Third Day Read More

Louisiana Pacific Stock gets Strong Rating

By / February 14, 2014 / Business, Company News, Manufactured and Modular Housing News, Manufactured Homes, Stocks

MHProNews.com has learned the stock of manufactured housing component provider Louisiana Pacific Corp. (LPX) saw its shares of stock rise nearly six percent yesterday (Feb. 13), with the volume much higher than normal trading days. Noting the stock is up 9.05 percent since Feb. 3, zacks.com reports it has had …

Louisiana Pacific Stock gets Strong Rating Read More

Australia: Moving Manufacturing to Modular

By / February 14, 2014 / Advocacy, Economy, Factory-Built Homes, home buyers, Manufactured and Modular Housing News, Modular

Due to a number of factors, manufacturing has declined in Australia, especially in the food and automobile industries, and two staff members of Curtin University have suggested resources be turned to the modular housing market. Jemma Green and Peter Newman say the off-site housing market is a $90 billion industry …

Australia: Moving Manufacturing to Modular Read More

Modular Home at Home Show

By / February 13, 2014 / Factory-Built Homes, home buyers, Manufactured and Modular Housing News, Modular

The 70th annual Seattle Home Show, which runs Feb. 15 through Feb. 23 at Century-Link Field Event Center, will include a modular home among the several homes on display. As theolympian.com informs MHProNews.com, Timberland Homes will have an 1,800 square foot modular beach house, the Kingston. ## (Image credit: Timberland …

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Modular Development Proposed for Canadian City

By / February 13, 2014 / Business, Canada, Communities, Factory-Built Homes, Legal, Manufactured and Modular Housing News, Modular

The Municipal Planning Commission in Medicine Hat, Alberta, Canada is considering a modular home community just north of the Trans-Canada Highway if the city council agrees to rezone what has been prime highway commercial property. The first phase of the project would include 85 modular home sites on 15 acres. …

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UFPI, Drew and Skyline Advance Strongly

By / February 13, 2014 / Business, Manufactured and Modular Housing News, Stocks

Slow retail sales in January and tepid corporate returns did not deter investors from buying stocks in today’s trading, pushing up all three major indexes. CNNMoney reports the Dow Jones Industrial Average nudged up +63.65 points, +0.40 percent, to end the day at 16,027.59. The Nasdaq advanced +0.94 percent, +39.38 …

UFPI, Drew and Skyline Advance Strongly Read More

Modular Home Builders Come Together

By / February 13, 2014 / Advocacy, Factory-Built Homes, home buyers, Legislation, Manufactured and Modular Housing News, Modular

The Modular Home Builders Association (MHBA) is promoting a new initiative to unite all modular home builders under one roof, according to modularhomecoach.com. Executive Director Tom Hardiman says, “For years, the modular home industry has been fragmented and disjointed, underserved and underrepresented by committees, councils and for-profit entities that have …

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CFED’s Ryan says Future of Affordable Living Depends on Manufactured Housing

By / February 13, 2014 / Advocacy, Legal, Manufactured and Modular Housing News, Manufactured Homes, People

Noting the flack Consumer Financial Protection Bureau Director (CFPB) Richard Cordray received about manufactured housing when he recently appeared before the House Financial Services Committee, Doug Ryan of CFED says the criticisms are misguided, although the testimony did bring attention to the 20 million people who live in manufactured housing. …

CFED’s Ryan says Future of Affordable Living Depends on Manufactured Housing Read More

Drew Industries Drew Well from the 2013 Well

By / February 13, 2014 / Business, Company News, Finance, Manufactured and Modular Housing News, Manufactured Homes, RV

Drew Industries, Inc. reported net sales for the year ending 2013 increased $114 million over last year to a record $1.02 billion, resulting in income of $50.1 million, $2.11 per diluted share, a rise from net income for 2012 of $37.3 million, or $1.64 per diluted share. Had it not …

Drew Industries Drew Well from the 2013 Well Read More

Universal Forest Products Announces Financials

By / February 12, 2014 / Business, Company News, Finance, Manufactured and Modular Housing News, Manufactured Homes

According to cnnmoney.com, Universal Forest Products, Inc. (NYSE:UFPI) announced 2013 net sales of $2.5 billion, an increase of 20.2 percent over 2012, and net earnings of $43.1 million, $2.15 per diluted share, compared to net earnings in 2012 of $23.9 million, or $1.21 per diluted share. Net sales for Q4 …

Universal Forest Products Announces Financials Read More

Manufactured, Modular Homes Filling North Dakota Project

By / February 12, 2014 / Business, Communities, Company News, Factory-Built Homes, home buyers, Manufactured and Modular Housing News, Manufactured Homes, Modular

Five hundred thirty acres of former farmland in Minot, North Dakota are set to become a new planned community of 2,000 residential units around a hub of commercial and retail space, including a park and trail system. Infrastructure work began last year to support the development, which includes what is …

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Universal Forest Products edges up, Cavco Edges Down

By / February 12, 2014 / Business, Manufactured and Modular Housing News, Stocks

The three major indexes all moved less than one quarter of one percent in today’s trading as investors stepped back from the boost the market received upon the announcement of Janet Yellen as the new head of the Federal Reserve. CNNMoney reports the Dow Jones Industrial Average nudged down -30.83 …

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FEMA Providing Manufactured Housing for Flood Survivors

By / February 12, 2014 / Manufactured and Modular Housing News, Manufactured Homes

Survivors of the Sept. 2013 disastrous, heavy flooding in Colorado have received a total of $267 million in federal and state assistance, according to insurancejournal.com. EQECAT, which provides state-of-the-art catastrophe risk models for the insurance and reinsurance industries, said flood losses have hit $2 billion and continue to climb. The …

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Sun Communities’ Stock Upgraded

By / February 12, 2014 / Advocacy, Business, Communities, Company News, Finance, Manufactured and Modular Housing News, Manufactured Homes, RV

According to motleyfool.com, Wells Fargo upgraded real estate investment trust (REIT) Sun Communities, Inc. to Outperform, as it cited positive home sales trends. In addition, Sun’s guidance for 2014 includes an $0.08 increase in distribution per common share; a midrange estimate of funds from operations (FFO) per share increase of …

Sun Communities’ Stock Upgraded Read More

Affordable Modular Housing on Tap for New Zealand

By / February 12, 2014 / Business, Factory-Built Homes, home buyers, Manufactured and Modular Housing News, Modular

Pure Advantage, a nonprofit organization in New Zealand, intends to build hundreds of modular homes to meet the housing crunch brought on by the Feb. 2011 earthquake that devastated Christchurch and killed 185 people, as MHProNews.com last covered Dec. 30, 2013. Set up three years ago to promote a greener …

Affordable Modular Housing on Tap for New Zealand Read More

NAR: Housing Affordability Hindered by Stagnant Incomes

By / February 11, 2014 / Business, Economy, home buyers, Manufactured and Modular Housing News, Trends

While the latest quarterly report from the National Association of Realtors (NAR) reveals the vast majority of metropolitan areas continued to experience strong year-over-year price growth in Q4 2013, a companion metro area annual affordability report pictures less favorable conditions, particularly in the West. According to housingwire.com, with 119 out …

NAR: Housing Affordability Hindered by Stagnant Incomes Read More

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