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.

Acquisition Feeds into Manufactured Housing Production

By / October 10, 2013 / Business, Company News, Manufactured and Modular Housing News, Manufactured Homes

MHProNews has learned from fortmillstimes.com a Berkshire Hathaway subsidiary has acquired Kova Solutions, LLC, a provider of business management software targeted to integrating and controlling residential construction and manufactured housing from beginning to end, from sales to scheduling to warranty. Chesterfield, Missouri-based MiTek, a Berkshire Hathaway company since 2001, with …

Acquisition Feeds into Manufactured Housing Production Read More

Raise Debt Limit or Risk another Recession, says Lew

By / October 10, 2013 / Business, Economy, Finance, home buyers, Legal, Manufactured and Modular Housing News

Treasury Secretary Jack Lew told members of the Senate Banking Committee failure to raise the debt limit could result in the rise of interest rates, possibly jeopardizing the nascent housing recovery, as well as lead to higher costs on retirement accounts and make it more expensive to buy a car …

Raise Debt Limit or Risk another Recession, says Lew Read More

Maine Modular Development Seeking Year-round Occupancy

By / October 10, 2013 / Business, Communities, Company News, Factory-Built Homes, home buyers, Manufactured and Modular Housing News

The owner of the 53 home sites at Summer Winds in Old Orchard, Maine hopes to convince the town’s planning board to change use of the units from seasonal to year-round. The gated community is currently classified as a resort community that can only be occupied from April 1 to …

Maine Modular Development Seeking Year-round Occupancy Read More

Manufactured Homeowners to Pay less than Site-Built

By / October 10, 2013 / Manufactured Homes, regulation

City officials in Waseca, Minnesota in the south central part of the state have proposed a new way to pay for maintenance and repairs of city sewers and retention ponds—by adding a separate monthly fee to utility bills. The measure would more evenly distribute the burden among all property owners, …

Manufactured Homeowners to Pay less than Site-Built Read More

Possible Deal to avoid Debt Crisis Lifts Stocks

By / October 10, 2013 / Business, Manufactured and Modular Housing News, Stocks

Talk of a resolution of the gridlock in Washington was enough to spur the three major indexes to an over two percent gain each. CNNMoney reports the Dow spiked +323.29 points, +2.18 percent, to close at 15,126.07. Meanwhile, the Nasdaq advanced +2.26 percent, +82.97 points to end today’s trading at …

Possible Deal to avoid Debt Crisis Lifts Stocks Read More

Oak Creek Celebrates Milestone

By / October 10, 2013 / Business, Company News, Factory-Built Homes, Manufactured and Modular Housing News, Manufactured Homes, Modular

Founded in 1971 as a manufactured home retailer, Oak Creek Homes of Texas began building manufactured homes in 1993 and recently celebrated the production of its 50,000th home, as MHProNews has learned. With manufacturing facilities in Fort Worth and Lancaster, Texas and Lynn, Alabama the 705 employees build homes ranging …

Oak Creek Celebrates Milestone Read More

Manufactured Home Drivers Stop Short of Certain Damage

By / October 9, 2013 / Company News, Manufactured and Modular Housing News, Manufactured Homes

The drivers of the two sections of a manufactured home temporarily blocked northbound Highway 29 in California after taking the wrong route and realizing their loads would not clear the Old Sonoma Road overpass. They were supposed to take Highway 221 on their way to Napa Valley Mobile Home Park …

Manufactured Home Drivers Stop Short of Certain Damage Read More

Green Courte Announces Vice President

By / October 9, 2013 / Business, Company News, Manufactured and Modular Housing News, Manufactured Homes, People

Green Courte Partners, LLC of Lake Forest, Illinois announces the appointment of Susan A. Rowe to head the firm’s sustainability initiatives dealing specifically with manufactured housing communities and parking facilities. According to digitaljournal.com, Ms. Rowe will represent Green Courte at the Real Estate Roundtable’s Sustainability Policy Advisory Committee and at …

Green Courte Announces Vice President Read More

Keep Lines Open to Manufactured Housing Institute

By / October 9, 2013 / Advocacy, Business, Economy, Legal, Manufactured and Modular Housing News, Manufactured Homes

As follow-up to a story we posted yesterday, Oct. 8, that the government shutdown may affect the shipment of manufactured homes because the IBTS has been issued a stop work decree, Lois Starkey of the Manufactured Housing Institute (MHI) wants to be notified when manufacturers are running short on certification …

Keep Lines Open to Manufactured Housing Institute Read More

Canadian City Considering Modular Homes

By / October 9, 2013 / Advocacy, Canada, Factory-Built Homes, Modular

A housing business plan for the city of Estevan, Saskatchewan, Canada indicates a moderate to high growth plan through 2025 will require between 1,800 and nearly 2,600 new housing units, including available land. As part of that estimate, the estevanmercury.ca informs MHProNews that affordable housing and entry-level dwellings, including purpose-built …

Canadian City Considering Modular Homes Read More

Local Taxes Will Repair Manufactured Homes

By / October 9, 2013 / Legal, Manufactured and Modular Housing News, Manufactured Homes

Bellingham, Washington voters approved a tax levy in 2012 to provide affordable housing for indigent people. Of the three million a year the Bellinghma Home Fund will take in over the next seven years, in additon to providing rental assistance and preservation of existing buildings, $250,000 will be spent to …

Local Taxes Will Repair Manufactured Homes Read More

Housing Stocks Mixed; New Fed Head Lifts Dow, S&P

By / October 9, 2013 / Business, Manufactured and Modular Housing News, Stocks

Despite the government shutdown and looming debt ceiling crisis, the Dow and the S&P both edged up slightly on news that Janet Yellen is to replace Ben Bernanke as the next head of the Federal Reserve. CNNMoney reports the Dow Jones Industrial Average gained 26.45 points, +0.18 percent, to end …

Housing Stocks Mixed; New Fed Head Lifts Dow, S&P Read More

Universal Acquires Concrete and Lumber Supplier

By / October 8, 2013 / Business, Company News, Manufactured and Modular Housing News, Manufactured Homes

Grand Rapids, Michigan-based Univesal Forest Products Inc. (NYSE:UFPI) is acquiring certain assets of SE Panel and Lumber Supply of South Daytona, Florida for an undisclosed dollar amount. According to businessweek.com, the acquisition, which adds products to its lineup and expands its reach, is expected to close next month. As MHProNews …

Universal Acquires Concrete and Lumber Supplier Read More

Shutdown May Shut Down HUD Code Home Shipments

By / October 8, 2013 / Economy, Factory-Built Homes, Legal, Manufactured and Modular Housing News, Manufactured Homes, Modular

The Wisconsin Housing Alliance has learned a “stop work” directive has been issued from the Obama Administration to the Institute for Building Technology and Safety (IBTS) that may choke off shipment of new HUD Code manufactured homes (MH). IBTS is a non-profit that provides contractor support for monitoring services of …

Shutdown May Shut Down HUD Code Home Shipments Read More

Washington Gridlock Strikes Fear in Investors, Tracked Housing Stocks

By / October 8, 2013 / Business, Manufactured and Modular Housing News, Stocks

The continuing fears about the government shutdown and even more so, the looming debt ceiling crisis, is giving jitters to investors as all three indexes dropped one to two percent. CNNMoney reports the Dow Jones Industrial Average plummeted -159.1 points, -1.07 percent to end at 14,776.53. The Nasdaq fell a …

Washington Gridlock Strikes Fear in Investors, Tracked Housing Stocks Read More

Strong History of Manufactured Homes in Montana

By / October 10, 2013 / Economy, Manufactured and Modular Housing News, Manufactured Homes

Factory-built and man-made portable homes have been in Montana for hundreds of years, from early settlers who followed the mining and timber industries from site to site, to modern day residents who want a house on their own piece of land, according to Zoe Anne Stoltz with the Montana Historical …

Strong History of Manufactured Homes in Montana Read More

Clayton Homes Sponsors Annual Fundraiser

By / October 7, 2013 / Advocacy, Company News, Manufactured and Modular Housing News, Manufactured Homes

The fifth annual Clayton Homes Turkey Trot for Education, a 5K run/walk or one mile fun walk will be held Nov. 24 starting at Clayton’s corporate headquarters in Maryville, Tennessee to benefit the Blount County Education Foundation (BCEF). Areas of need are prioritized in the schools, according to thedailytimes.com, and …

Clayton Homes Sponsors Annual Fundraiser Read More

Index Notes Uptick in Housing Market

By / October 7, 2013 / Business, Economy, home buyers, Manufactured and Modular Housing News

The National Association of Home Builders (NAHB)/First American Leading Markets Index (LMI) reports 52 out of 350 housing markets have returned to pre-recessionary levels of activity. Based on current housing permits, prices and employment data, the nationwide housing market is running at 85 percent of normal activity. MHProNews has learned …

Index Notes Uptick in Housing Market Read More

Modular Complex Serves Mentally Ill

By / October 7, 2013 / Factory-Built Homes, Green, Manufactured and Modular Housing News, Modular, People

A modular affordable housing project for 16 low-income people with mental illnesses will be dedicated Wed., Oct. 9 in Closter, New Jersey, in the far northeastern corner of the state. After seven years and $3.5 million from the state’s special needs housing trust fund and other state sources, the Van …

Modular Complex Serves Mentally Ill Read More

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