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.

Sunday Morning Recap-Manufactured Housing Industry News Jan. 17 -Jan. 24, 2016

What’s New in public focused Manufactured HomeLivingNews.com Reality Check – Living Better When Quality Living Costs Less Outside the Box: Inventing New Looks for Manufactured Homes What’s New in Manufactured Housing Industry Professional News Manufactured Housing Administrator Danner speaks at Louisville. What could slow retail sales mean for manufactured housing. …

Sunday Morning Recap-Manufactured Housing Industry News Jan. 17 -Jan. 24, 2016 Read More

Existing Home Sales hit Nine-year High

In the largest monthly increase the National Association of Realtors (NAR) has ever experienced, sales of existing homes spiked 14.7 percent in Dec., putting a shining finish on the end of the year with 5.26 million previously-owned homes sold in 2015, the best year since 6.48 million homes were sold …

Existing Home Sales hit Nine-year High Read More

UMH Declares Dividends on Preferred and Common Stocks

According to cnnmoney, UMH Properties, Inc. (NYSE:UMH) reports the board of directors has declared a quarterly dividend on the company’s common stock of $0.18 per share payable March 15, 2016 to shareholders of record as of Feb. 16, 2016. In addition, the board declared a quarterly dividend of $0.515625 per …

UMH Declares Dividends on Preferred and Common Stocks Read More

Manufactured Homes Rolling in for Wildfire Survivors

Following a story MHProNews last reported on Nov. 23, 2015 regarding temporary manufactured homes (MH) for survivors of the wildfires in Northern California, uniondemocrat reports 22 MH are set up in Calaveras County and ten are occupied. Federal Emergency Management Agency (FEMA) spokesman Victor Inge said 12 have been sited …

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Carlyle Posts Largest Advance; Dow Moves back above 16k

In the news from CNNMoney: Mexican peso drops to lowest value ever versus the dollar. Barclays employs 51 % women, 49 % men. AmEx stock down 20% this year, nearly 25% last year. Oil spikes 23% in two days to $32/bbl, spurring the stock market, while oil company defaults are …

Carlyle Posts Largest Advance; Dow Moves back above 16k Read More

HUD’s Manufactured Housing Head Danner Speaks in Louisville

Pamela Beck Danner, Administrator for the Office of Manufactured Housing at the Department of Housing and Urban Development, addressed attendees at the Louisville Manufactured Housing Show. Danner previous experience includes service as an attorney with the Office of HUD’s General Counsel. In 1982 she was appointed Director of the Office of …

HUD’s Manufactured Housing Head Danner Speaks in Louisville Read More

Manufactured Home Community Owner Challenges Rent Control

For the second time in two years, owners of the Bon Ayre manufactured home community (MHC) in Smyrna, Delaware have violated the state’s Rent Justification Act by raising rents beyond the federal consumer price index, without giving a valid reason for the above average increase. Kent County Superior Court Judge …

Manufactured Home Community Owner Challenges Rent Control Read More

Dec. Housing Starts, Permits Fall, but Up for 2015

The National Association of Home Builders (NAHB) reports housing starts fell 2.5 percent in Dec., 2015 to a seasonally-adjusted annual rate (SAAR) of 1.15 million homes, following an upswing in Nov. of 10.1 percent, according to charlotteobserver. Over the year, housing starts had their best showing since 2007, advancing 10.8 …

Dec. Housing Starts, Permits Fall, but Up for 2015 Read More

Carlyle Posts Largest Advance, Skyline the Largest Loss

In the news from CNNMoney: Walmart fired striking workers unlawfully. Generator stock skyrockets on news of coming blizzard. Saudi Arabia says it can handle low oil prices. Lower oil prices cost the U. S. 150,000 jobs in 2015, as well as 81 oil and oilfield bankruptcies, with many more expected. …

Carlyle Posts Largest Advance, Skyline the Largest Loss Read More

Investor reduces Position in Cavco

Columbia Wanger Asset Management LLC reduced its holdings in factory-built home producer Cavco Industries, Inc. by -27.41 percent, or 702,685 shares, reports fdanewsalert. According to the most recent Security and Exchange Commission filing, 84 investors own Cavco, accounting for 9,213,425 shares. Ten investors opened new Cavco stakes while 29 existing …

Investor reduces Position in Cavco Read More

Council Approves Block Grant app for Resident-owned Community

Derry, New Hampshire’s Councilors unanimously approved Frost Residents Cooperative application for a Community Development Block Grant (CDBG) of up to $500,000 to connect the 30 home site community to city water and sewer. Built in the 1960s, the community is on private water and septic systems. ”They are failing, and …

Council Approves Block Grant app for Resident-owned Community Read More

Home Builder Sentiment Remains Steady at 60

According to The Wall Street Journal, the National Association of Home Builders (NAHB) reports the gauge of home builder sentiment in the U. S. remained at 60 from December, where any number above 50 indicates builders are positive about the single-family home market. Economists who were surveyed by wsj anticipated …

Home Builder Sentiment Remains Steady at 60 Read More

Sun Communities Distributes Dividend

MHProNews has learned from equitiesfocus that Sun Communities, Inc. distributed a dividend of $0.65 per share to its shareholders of record as of Dec. 31, 2015. The payout date was Jan. 15, 2016, and was the same amount as the dividend last year. Earnings per share (EPS) one year ago …

Sun Communities Distributes Dividend Read More

Residents of Pine Gardens Manufactured Home Community to Meet

The TOPGUN (Tenants of Pine Gardens Uniting Neighbors) Association of Pine Gardens Mobile Home Park in Belmont, New Hampshire will meet at the Belknap County Complex in Laconia, NH, Sat., Jan 30. According to what citizen tells MHProNews. Lois Parris, the president of Manufactured Home Owners and Tenants Association of …

Residents of Pine Gardens Manufactured Home Community to Meet Read More

Zeman adds four Manufactured Home Communities to Portfolio

While terms of the acquisition were not disclosed, Zeman Homes, Inc. has informed MHProNews it has acquired four manufactured home communities (MHC) in the greater Detroit metropolitan area. All age communities Wagon Wheel, Wagon Wheel South, Carleton and Oak Haven have added 749 home sites to Zeman’s portfolio of MHCs, …

Zeman adds four Manufactured Home Communities to Portfolio Read More

What does collapsing Walmart, other retail sales mean for Manufactured Housing?

Retail sales on the year fell to their lowest pace since 2009, climbing only 2.1 percent for the year, the smallest gain since the Great Recession ended, raising concerns about consumer spending going into 2016. As bloomberg informs MHProNews the 0.1 percent drop in Dec., 2015 followed a gain of …

What does collapsing Walmart, other retail sales mean for Manufactured Housing? Read More

Another Irish Neighborhood Leery of Modular Homes for the Homeless

Continuing to follow the saga of the Dublin, Ireland, City Council’s attempts to site 500 modular homes to house homeless families in several different areas of the city, as MHProNews last reported Jan. 11, 2016, residents of Belcamp, Coolock are opposing plans to site 38 of the units in their …

Another Irish Neighborhood Leery of Modular Homes for the Homeless Read More

Allowing Manufactured Homes in all parts of County being Considered

The agenda for the Buncombe County Board of Commissioner’s (North Carolina) retreat scheduled for Tue., Jan 19 includes planning this year’s goals and reviewing progress made on goals from last year reports mountainx. Held in the county building in Asheville, increasing affordable housing was on the agenda last year and …

Allowing Manufactured Homes in all parts of County being Considered Read More

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