When Darryl Searer agreed to a one-year commitment to volunteer as president of the RV/MH Heritage Foundation and the RV/MH Hall of Fame (Hall), little did he know his passion for the position would grow to four years—and counting. Little did industry leaders realize the extent to which he would …
RV/MH Leaders Applaud Darryl Searer’s Fourth Year Leading the Hall Read More
In the news from CNNMoney: Cheap oil is crushing Middle Eastern countries. Donald Trump’s suits and ties are made in China. Shake Shack may be losing the burger wars. Olive oil prices rose 20 percent in 2015. Google launches travel service. UK’s Powa Technologies once worth $2.7 billion, now bankrupt. …
MHCV Spikes +7.23%; Cavco Moves up the Most of Tracked Stocks Read More
According to constructiondive, developers are saying that building permit processing time has increased from four months in 2011 to seven months in 2015, reports the National Association of Home Builders and The Wall Street Journal (wsj). In more active markets, like California and Florida, the American Institute of Architects (AIA) …
Australia’s Gateway Lifestyle Group has acquired six manufactured home communities (MHC) for $49.3 million ($36.975 USD), according to theaustralian.co.au. The communities are located in New South Wales, Queensland and Victoria, adding 1180 home sites to its portfolio—428 occupied sites and 752 sites ripe for development. The acquisition, expected to close …
Expansion Underway for Australian’s MHC owner Gateway Lifestyle Read More
MHProNews has learned the board of directors of Equity LifeStyle Properties (NYSE:ELS) has announced a dividend of $0.425 per common share will be paid on April 8, 2016 to shareholders of record as of March 25, 2016. On an annualized basis this represents a dividend of $1.70 per share. Moreover, …
According to the National Housing Survey questions that Fannie Mae asks consumers each month, the GSEs Home Purchase Sentiment Index rose to 1.2 percent to 82.7 in Feb. over Jan., as nationalmortgagenews informs MHProNews. Consumers who said their income was noticeably greater than 12 months ago increased three percentage points …
Fannie Mae Survey Indicates Consumer Confidence Rising on Housing Market Read More
Updating a story MHProNews last posted Jan. 18, 2016 concerning Urban Splash’ 43 affordable modular homes in New Islington, Manchester, England, all 43 of its hoUSe project have been completed and sold, according to what placenorthwest.co.uk tells MHProNews. Designed by architect shedkm, this is the first phase in Manchester of …
MHProNews has learned from euroinvestor that the board of directors of Sun Communities, Inc. (NYSE:SUI) declared a quarterly distribution of $0.65 per share of common stock for Q1 2016, payable April 15 to shareholders of record on March 31, 2016. The board also declared a quarterly distribution of $0.441325 per …
Sun Announces Quarterly Dividends for First Quarter, 2016 Read More
In the news from CNNMoney: Goodyear developing spherical tires for cars to move multi-directional. People who had quit looking for work are now finding jobs. Average bonus for Wall St. employees last year was $146,200, totaling $25 billion on bonus day. China exports shrank 20 percent last month. Sponsors drop …
Skyline Corp. Jumps +5.49%, as Louisiana Pacific Falls -5.73% Read More
Following a story MHProNews has reported on numerous times, the last being March 3, 2016, about Dublin, Ireland’s plans to erect 500 modular homes in several different areas of the city to house the growing number of homeless families, one Councillor had harsh words to say about the delays. Slamming …
Complaints Continue in Ireland about Delays on Modular Homes Read More
The 32-homesite Ladd Hill Mobile Home Park just became the 118th manufactured home community (MHC) in New Hampshire to convert from privately owned to resident-owned, as citizen informs MHProNews. Now called Ladd Hill Cooperative, Inc., the Belmont, NH community deal was finalized March 1, and the purchase price of $525,000 …
Another Manufactured Home Community in New Hampshire Converts to Resident-Owned Read More
According to what chippewa tells MHProNews, Wisconsin State Senator Terry Moulton (Chippewa Falls-R), representing the 23rd District, authored a bill signed by Gov Scott Walker that will ease transport on Wisconsin roads for delivery of manufactured and modular homes. Canada has been an active buyer of U. S. factory-built homes …
MHProNews has learned from the peterboroughexaminer in Peterborough, Ontario, Canada that the annual Peterborough Home, Outdoor and Design Show will, for the first time, feature two modular homes by Green Terra Homes of Trenton, Ontario. Green Terra offers a steel, two-bedroom modular home for $76K ($57 USD), a three-bedroom modular …
According to a recent 13F filing with the Securities and Exchange Commission (SEC), Daiwa Securities Group, Inc. boosted its stake in Equity LifeStyle Properties, Inc. (NYSE:ELS) by 13,939.8 percent, adding 348,494 shares to its portfolio. As hilltopmhc tells MHProNews, Daiwa now has a 0.42 percent stake in ELS valued at …
Institutional investors Increase Stake in Equity LifeStyle Properties, Inc. Read More
In the news from CNNMoney: Iron ore has risen 54 percent since beginning of the year, including 17 percent today. ISIS declining oil output has fallen from estimated 50,000 bbls/day to 20,000 bbls/day. Federal Reserve Vice Chairman Stanley Fischer confident in American economy. Economic experts rate economy B+. Saudi Arabia …
Dow Climbs Back Above 17k; Most MH-related Stocks Gain Read More
MHProNews has learned from postregister that realtor Kevin Murray of Keller Williams of Idaho Falls, Idaho told the the Jefferson County Commission that developers have expressed an interest in building a medium-sized manufactured home community (MHC) in Jefferson County but they have no direction on developing an MHC. “You currently …
Developers Need Guidelines for New Manufactured Home Community Read More
What’s New in public focused Manufactured HomeLivingNews.com Rancho El Mirage, new 55+ Manufactured Home Community Opening near Yuma, AZ Tired of renting? Get the Scoop on Manufactured Homes What’s New in Manufactured Housing Industry Professional News American Dream lives. HUD Code production starts year strong. Patrick, Drew Industries acquire ancillary …
Sunday Morning Recap-Manufactured Housing Industry News Feb. 28-March 6, 2016 Read More
In a letter to Melvin Watt, Director of the Federal Housing Finance Agency (FHFA), Rep. David A. Scott (D-GA) reminds Dir. Watt the Housing and Economic Recovery Act (HERA) pinpointed manufactured housing (MH) as an underserved market. Noting the importance of MH as a source of homeownership for millions of …
Rep. David Scott: GSEs should Purchase Chattel Loans Read More
MHProNews has learned from thevistavoice that Russell Frank Co. has diminished its stake in Sun Communities, Inc. (NYSE:SUI) by 8.1 percent in Q4 of 2015 as reported to the Securities and Exchange Commission. After selling 47,319 shares of stock, the company owns 537,417 shares, now owning 0.99 percent of the …
MHProNews has learned from prnewswire that Elkhart, Indiana-based Patrick Industries, Inc. (NASDAQ:PATK) has acquired The Progressive Group, a distributor and manufacturer’s representative for major name brand electronics serving 16 states that are primarily in the Midwest and Intermountain regions. The company’s customer base includes small to large retailers, other distributors …
Patrick Industries Acquires Electronics Distributor Read More
