The Manufactured Housing Institute (MHI) reports home manufacturers Clayton Homes, Fleetwood Homes, Golden West Homes, Hallmark Homes, Karsten Homes, and Skyline Corp. will partner with the Calif. Manufactured Housing Institute and the Systems Building Research Alliance to research new and innovative envelope systems. With wall and roof building technologies expected …
HousingWire informs MHProNews that in January, 2013 applications for loans insured by the Federal Housing Administration (FHA) rose to 147,509, an increase from 127,057 in December and up from 126,835 January 2012. In January the FHA insured 134,461 single-family homes, an increase from 113,856 the prior month and 102,011 from …
The Institute for Supply Management’s monthly manufacturing index for March registered 51.3., lower than estimates of 54.0 and also below the Feb. numbers, according to CNNMoney, which also noted that many traders had not returned from the holiday weekend. The three major indexes closed down slightly. The Dow Jones Industrial …
Updating an article we posted Feb. 11, 2013 regarding Clayton Homes’ teaming with teacher Patricia Bradley to open Tenn.’s first STEM (science, technology, engineering and math) school, KnoxNews says the Clayton-Bradley Academy in Maryville has hired a full staff of teachers and enrolled half of the anticipated K-6 students. Adjacent …
Writing in the albirminghamnews, Professor Scott Bealuier of Troy University says to speak of a housing market recovery is premature. He says the recovery so far is minor when compared to what the housing market was pre 2006. It’s now a government-driven recovery supported by the Fed’s monthly purchase of …
RVBusinses informs MHProNews Elkhart County, Indiana led the nation in job growth for the period Sept 2011 to Sept. 2012 for the largest U. S. counties, with 6.9 percent versus the national rate of 1.6 percent, according to the Bureau of Labor Statistics. While Elkhart hosts several component suppliers to …
According to bizjournals, Thomas M. Saltsgiver, president and founder of modular builder Muncy Homes, Inc. of Muncy, Penn., has applied with the Pennsylvania Dept. of Banking and Securities to acquire 85 percent of the common stock of First Cornerstone Bank in King of Prussia, Penn. While the bank is 90 …
According to coastlinepilot, Chicago-based Hometown America Communities is preparing to purchase 158-homesite Laguna Terrace Park MHC of Laguna Beach, Calif., just south of Los Angeles. MHProNews has learned the property is owned by Amy Esslinger, widow of the late Steve Esslinger, who had tried to convert the property to resident …
Hometown America to Buy California Land Lease Community Read More
In updating a story we first posted Feb. 7, 2013, myfoxny informs MHProNews, 17 modular homes have been acquired by the Affordable Housing Alliance in Eatontown, NJ with $1 million donated by the Robin Hood Foundation. Originally, Robin Hood had distributed $45 million of $67 million raised, including funds from …
Modular Homes being Sited for Hurricane Sandy Victims Read More
U.S. Markets were closed today in honor of Good Friday. They will reopen Monday April 1 at 9 A.M. (Photo credit: Wikipedia–New York Stock Exchange)
The Manufactured Housing Institute (MHI) informs MHProNews hearings were held March 19 by both the House and the Senate on housing finance reform. Texas Chairman of the House Financial Services Committee Jeb Hensarling stated he wants to abolish Freddie Mae and Freddie Mac and privatize the secondary mortgage market. Acting …
The 2013 Tunica Manufactured Home Show wrapped up today with light rains falling after two days of sunshine. The initial post show numbers reflect that a total of 2,204 total attendees and exhibitors came, a significant increase over 2012. Manufacturers, suppliers and lenders indicated they had ‘a good show.’ Association …
Joe Kelly of the Iowa Manufactured Housing Association (IMHA) informs MHProNews the Iowa House of Representatives has passed HF495, affecting 562A, applies to landlords who own the home and land. On properties that rent for under $700/mth, the late fee charge could be no greater than $12 a day, with …
According to a members survey by the National Association of Home Builders (NAHB), since June 2012 labor shortages in all aspects of the home-building trade are driving prices up, and nearly half say they have been delayed in finishing projects on time. 1.4 million housing jobs left the industry during …
Following up on an MHProNews post from Jan. 25, 2013 regarding an MHC’s attempt to convert to a resident-owned community and the ensuing legal battle with the Huntington Beach (CA) City Council trying to prevent it, the threat of a contempt of court trial against the city finally ended in …
In the ongoing effort to support the RV/MH Hall of Fame and Museum in Elkhart, Ind., President Darryl Searer is offering the opportunity to become a lifetime member of the RV/MH Heritage Foundation for half price—$25 and $12.50 for a spouse, both tax deductible. In addition, the call has gone …
While the last day of the first quarter’s trading ended on a relatively quiet note, the S&P index nudged to a record high, 1569.19, about four points higher than its previous record set in Oct. of 2007. In addition, the Dow, besides setting a new record, is up eleven percent …
KENS5-TV reports from Encinal, Texas developer David Monnich is building modular housing from shipping containers and is planning a 70-unit building in the Eagle Ford Shale oilfield area. Noting they stack nine high on cargo ships, Monnich says, “They’re structurally proven. They were insulated, framed and prewired before we brought …
PRWeb reports from Houston, Texas that while noting more internet searches for homes are being done on mobile devices rather than desk or lap tops, Oak Creek Homes has developed a mobile version of its website, enabling shoppers to view the entire line of manufactured and modular homes and request …
According to salemnews, Salem State University is preparing to seek bids for a three-story modular dormitory to house the influx of 100 freshmen for the fall semester. A college official says two of the residence halls are at 124 percent capacity, and some two student rooms now accommodate three. Once …
