Southfield, Michigan-based Sun Communities, Inc. (SUI) has declared a $0.63 dividend per share of common stock for the third quarter of 2013, payable Oct. 18, 2013 to shareholders of record Sept. 30, 2013. The board of directors of this real estate investment trust (REIT) also declared a dividend per share …
An innovative collaboration between affordable-housing and energy-efficiency advocates has resulted from the destruction wrought by Tropical Storm Irene that destroyed or damaged 560 manufactured homes in Vermont. Many manufactured housing communities (MHCs) are located in low lying areas, making them more susceptible to flood water damage. Since many residents of …
Vermont Promotes Energy Efficient Manufactured Homes Read More
Updating a story regarding Garden Homes Management Corp. attempts to develop a manufactured home community in Oxford, Connecticut since 2006, a post MHProNews last covered July 3, 2013, a public hearing on the proposal was held Sept. 9 by the Conservation Commission, Inlands Wetland Agency to determine if the development …
Garden Homes Continues to Push for MH Development OK Read More
A USA Today survey of Census Bureau data reveals the Millennial Generation, those between 25 and 34, buoyed the renters’ ranks by some one million from 2006 to 2011, while homeownership dropped nearly 1.4 million. For some of that generation renting is a result of liftstyle and finances—they may take …
Investors moved back from the dance floor, absorbing and pondering the recent run-up to new highs for the Dow and the S&P. CNNMoney reports the Dow nudged down 40.39 points, -0.26 percent, to close at 15,636.55. Meanwhile, the Nasdaq nudged up +0.15 percent, +5.74 points to end today’s trading at …
Stocks Close Mixed across the Board after Hitting New Highs Read More
Oracle of Ohama Warren Buffett says Obamacare should be eliminated because the average citizen will suffer the most without changes to the plan. He adds health care costs need to be controlled before providing health insurance to everyone, otherwise continuing as we are will lead to less competition. As newsbusters.org …
The Manufactured Housing Association for Regulatory Reform (MHARR), commenting on the proposed new ground anchor testing criteria and standards, says it has no objections as long as the new rule is consistent with recommendations made by the Manufactured Housing Consensus Committee (MHCC). However, MHARR calls for HUD to allow existing …
MHARR Comments on Manufactured Housing Anchor Standards Read More
MHProNews has learned Lippert components, Inc. (LCI) has purchased a 56-acre plot of land outside the Goshen, Indiana city corporate limit, but adjacent to the city corporate lines, for future company use. LCI is a component supplier to the the manufactured housing and RV industries, according to rvbusiness.com, as well …
Equity LifeStyle Properties, Inc. (NYSE:ELS) has acquired Fiesta Key RV Resort, a 324-site resort and marina in the Florida Keys. Located in the Florida Keys on the Gulf of Mexico, ELS paid $24.6 million, according to 4-traders.com, funded with cash. As MHProNews knows, ELS is the largest owner of manufactured …
RV Community and Marina purchased by Equity LifeStyle Properties Read More
The Front Royal, Virginia Board of Supervisors approved a conditional-use permit by Front Royal Christian School for modular classrooms to be sited on the south side of the existing building. As nvdaily.com tells MHProNews, the buildings must have an earth tone color and appearance to blend with existing buildings. (Photo …
A “future-of-housing” forum sponsored by the National Association of Home Builders (NAHB) in Washington, D. C., with housing industry experts and Senators Bob Corker (R-TN), Jon Tester (D-MT) and Johnny Isakson (R-GA) indicated most participants agree the private sector should play a greater role in mortgage financing, but with some …
Support for Governmental Backstop for Mortgage Financing Remains Read More
Stocks surged in today’s trading after the two-day Federal Reserve meeting revealed tapering of Quantitative Easing program will not begin yet, just the tune investors wanted to hear. CNNMoney reports the Dow shot up 147.21 points, +0.95 percent, to close at 15,676.94. Meanwhile, the Nasdaq gained +1.01 percent, +37.94 points …
Tracked Housing Stocks all Gain as Dow, S&P hit New Highs Read More
An affordable housing complex in Regina, Saskatchewan, Canada is set to include modular homes as part of a project to finance 1,000 new entry-level homes over five years. Builders are eligible for loans of 90 percent of construction costs of the homes, including the land, at four percent interest. With …
Manufactured home owners in Australia will have the opportunity to share their views regarding legislation that covers their residences on the Queensland Government’s ‘Get Involved’ website. Public Works Minister Tim Mander says the survey is part of a review of the Manufactured Homes Act 2003 to ensure it maintains a …
Australia Conducts Survey of Manufactured Home Owners Read More
Updating a story MHProNews published Aug. 19, 2013 regarding one of the 20 entrants in the Department of Energy’s Solar Decathlon to begin Oct. 3, 2013 in Irvine, California, the Phoenix House by Team Kentuckiana is specifically constructed to withstand potentially destructive weather events. Designed by students from the University …
In an ongoing discussion between students and the administration at Georgetown University in Washington, D. C. regarding additional housing, students objected to satellite housing which would require shuttles to and from campus for several miles, one as far away as Clarendon, Virginia. The Georgetown University Student Association (GUSA), according to …
According to the National Association of Home Builders (NAHB) Wells Fargo Housing Market Index (HMI), builder confidence in the market for new, single-family homes remained unchanged in Sept. at 58. “While builder confidence is holding at the highest level in nearly eight years, many are reporting some hesitancy on the …
MHProNews has learned over 6,400 Colorado flood victims have applied for federal aid, and $430,000 has been approved in individual assistance. President Obama made an “emergency” and a “major disaster” declaration for Colorado based on the flooding, which opens the door to tens of millions of dollars in reimbursement to …
FEMA may Bring in Modular Homes for those Displaced by the Flood Read More
Despite the looming tapering of quantitative easing by the Federal Reserve, all three major indexes advanced in today’s trading. CNNMoney reports the Dow gained 34.95 points, +0.23 percent, to close at 15,529.73. Meanwhile, the Nasdaq gained +0.75 percent, +27.85 points to end the day at 3,745.70, while the S&P gained …
Three Major Indexes Edge Up; Tracked Housing Stocks Mixed Read More
In yet another testament to the spreading of manufactured housing sales radiating from the Bakken oil fields in western North Dakota, Shult Homes of Redwood County in southwestern Minnesota is feeling the flourish of the upturn. Shult’s Jeff Wedan says the positive effect is hitting the manufactured home industry in …
Bakken Continues to Spur Manufactured Home Industry Read More
