Universal Forest Products, Inc. (NASDAQ:UFPI) will release its Q3 2013 financials Thursday, Oct. 17, at 8:30 AM EST. Headquartered in Grand Rapids, Michigan, as MHProNews knows the company supplies the manufactured housing industry with solid wood and wood-like products as well as plastic and other materials. Analysts expect UFPI to …
The Iowa Manufactured Housing Association (IMHA) reports retailers’ orders for manufactured homes (MH) are up this year over last by 28 percent to 203 homes, third in growth behind Wisconsin and Indiana in the north central region. Sixty-six percent of them were single section. Iowa ranks 35th in the nation …
Private equity firm Carlyle Group LP has entered the manufactured housing community (MHC) business in acquiring two communities in Florida from Shamrock Holdings LLC of Arizona for $30.8 million. While this is the company’s first foray into the MH industry, analysts say investors are betting this aspect of the housing …
Champion Home Builders has been contracted to supply two modular apartment buildings to North Dakota’s Bakken oil formation, providing Watford City and Williston with over 100 apartments and townhomes, according to ourmidland.com. Marking Champion’s ninth and tenth project in the area, the Wolf Run Village in Watford City will consist …
The continued wrangling over a budget deal in Washington sent stocks tumbling in today’s trading. CNNMoney reports the Dow lost -133.25 points, -0.87 percent, to close at 15,168.01. Meanwhile, the Nasdaq lost -0.56 percent, +21.27 points to end today’s trading at 3,794.01, while the S&P fell -0.71 percent, -12.08 points, …
Modular home manufacturer Ritz-Craft Homes of Mifflinburg, Pennsylvania has become the first modular home builder to develop an iPad app for their network of builders, allowing them to access information about pricing, options, floor plans and specification sheets. Noting builders are spending more time away from their offices, Ritz-Craft’s Reed …
Allegations of sexual discrimination against a recreational vehicle community in Texas has led to a lawsuit filed by the U. S. Department of Justice against owner George Toone and In Toone Services. The suit alleges Toone evicted a transgender woman and her partner Aug. 18, 2012 after handing them a …
Following up on a story MHProNews posted Oct. 11 concerning a Camden, New Jersey warehouse that is being transformed into a modular housing factory, 2,000 showed up at the ribbon-cutting ceremony looking for work. ACTS Industries, LLC intends to hire 1,000 people at $15 an hour. ACTS CEO Irv Richter …
Austrian students from Vienna University of Technology won top honors at the U S. Department of Energy’s (DOE) Solar Decathlon, besting 18 other entries from around the world for “designing, building, and operating the most cost-effective, energy-efficient and attractive solar-powered house.” The modular wooden frame home, Austria’s first ever entry …
Single-family home real estate investment trusts (REITs) are a new player in the real estate market, with the outcome yet to be realized. One of them, Silver Bay Realty Trust says there are 41 million rental units in the U. S., equal to 30 percent of the housing market. Roughly …
Yield on Investment in Single-family Homes Unknown Read More
Elkhart, Indiana-based Patrick Industries, Inc. (NASDAQ:PATK) announces its release of third quarter 2013 earnings before the market opens on Thursday, Oct. 24, 2013, according to 4-traders.com. President and CEO Todd Cleveland and CFO Andy Nemeth will host a conference call that morning at 10:00 AM EST to discuss the results. …
All three indexes advanced on word that the Obama administration and Congress are close to a deal on raising the debt ceiling. CNNMoney reports the Dow gained +64.15 points, +0.42 percent, to close at 15,301.26. Meanwhile, the Nasdaq moved up +0.62 percent, +23.41 points to end today’s trading at 3,815.28, …
Three Major Indexes Gain; Tracked Housing Stocks Close Mixed Read More
Some 50 AT&T volunteers helped senior citizens who live in the Friendly Village Mobile Home Park in Redmond, Washington with home maintenance. As redmond-reporter.com tells MHProNews, as part of the United Way Day of Caring, employees of the communications giant cleaned windows, did yard work, and spruced up the outdoor …
Volunteers Help Seniors at Manufactured Home Community Read More
A couple in Preston, Minnesota who live across the street from the Brownsville Mobile Home Park have asked that green belt screening be erected in front of the community to shield their view. A 1971 ordinance requires manufactured home communities to have a green belt around the periphery if it …
Neighbors want Manufactured Housing Community Shielded from View Read More
Updating a story MHProNews last reported Oct. 9, regarding the “stop work” order issued to the IBTS that may stop the shipments of manufactured homes due to the government shutdown, Vice President, Regulatory Affairs for the Manufactured Housing Institute (MHI) Lois Starkey reports the U. S. Department of Housing and …
A group of businessmen seek to turn a a long-vacant warehouse in Camden, New Jersey into a global manufacturer of modular homes, with the potential of hiring 1,000 employees. The $30 to $40 million for the project is expected to come from private, state and federal sources, with a planned …
Empty Building will come to Life Producing Modular Homes Read More
The three major indexes all advanced over the one-half percent mark to end the week on a high note as investors maintained belief that the government shutdown and debt ceiling crisis’ may be ending soon. CNNMoney reports the Dow gained +111.04 points, +0.73 percent, to close at 15,237.11. Meanwhile, the …
Owner/operator of manufactured housing communities in Canada, Parkbridge Lifestyle Communities, Inc. is using air miles to lure customers to its newest retirement community in Spruce Grove, Alberta, Canada. Heritage Creek homebuyers can earn 10,000 reward miles on any new home purchase of $220,000 or more as long as the deal …
While a number of government loan programs have been slowed by the shutdown in Washington, the entire staff of the U. S. Department of Agriculture Rural Housing Service has been furloughed, paralyzing the processing of loans for rural Americans. As nationalmortgagenews reports, Don Frommeyer, president of the National Association of …
A former sports field is the site of a planned $1.29 million, 100-home manufactured housing community in the Mayfield area of Newcastle, just north of Sydney, Australia on the southeast coast. Neighbors have expressed concerns over crime, congestion, flooding and the loss of a recreation area, according to theherald.com.au. Named …
