On the apartment rental scene, according to multifamilyexecutive, many have posited that there is an insatiable demand for rental units, with millions of Gen Y living at home yearning to break out, they do not want to own, and vacancy rates will continue to fall. Au contraire, says Ryan Severino, …
MHProNews has learned from indiancountrytodaymedianetwork that in five counties within the boundaries of American Indian reservations in South Dakota, where the Indian population comprises a large majority of residents, a higher percent of mortgage lending went to white people in 2014. A total of $3.3 million was loaned or invested. …
Manufactured Homes Generate Wampum on Tribal Lands Read More
In a document filed with the Securities and Exchange Commission (SEC), dakotafinancialnews reports Scott T. Mereness, president of Drew Industries, Inc., sold 3,700 shares of stock in a transaction dated Nov. 25 at an average price of $60.00 per share for a total net of $222,000.00. Mereness now owns 115,242 …
Drew’s President Draws $222k in Sale of Drew Stock Read More
What’s New in public focused Manufactured HomeLivingNews.com “It’s not a trailer, it’s a manufactured home!” Inside MH with Mary Johnson, Retired Nurse Getting More Manufactured Home Lending – Video Interview with MH Owner, Tom Fath What’s New in Manufactured Housing Industry Professional News MHARR slams HUD over monitoring contract. Australia …
Sunday Morning Recap-Manufactured Housing Industry News Nov. 22-Nov. 29, 2015 Read More
As in many areas, finding affordable housing in Payson, Arizona is beginning to pose a looming crisis, even more so if the area gets a four-year university that will draw several thousand more residents, according to paysonroundup. Berkshire Hathaway real estate broker Cliff Potts stated housing for middle class workers, …
New Manufactured Homes on Drawing Board in Arizona City Read More
According to nasdaq, data released by the Census Bureau and the Department of Housing and Urban Development indicate sales of new, single-family homes rose 10.7 percent in October to a seasonally-adjusted annual rate (SAAR) of 495,000 units, up from September’s revised numbers of 447,000. The rate is a 4.9 percent …
In the news from CNNMoney: Gold prices fall to near six-year low. REI (recreational equipment) is giving employees Black Friday off. Americans will spend over $130 on self-gifting this year. Chinese executives sometimes disappear with no warning. Britain hikes taxes on investors to cool housing market. Meanwhile, the Yahoo Manufactured …
MHCV Continues Rising, as MH-related Stocks are Relatively Quiet Read More
With 24 manufactured home communities as part of its 63 property portfolio, Ingenia Communities Group is focusing on the Queensland region of Australia for its expansion efforts, as couriermail informs MHProNews. Ingenia CEO Simon Owen, in Brisbane attending a conference on retirement living, said with an ageing population he sees …
Aussie Manufactured Home Community Owner on the Hunt Read More
Following the continuing saga of the 400 modular homes being built for the homeless in Dublin, Ireland, which MHProNews last covered Nov. 24, 2015, the first 22 units set to be sited on Balbutcher Lane in Ballymun ignited a protest. The domonstrators allege the plan jeopardizes a plan by a …
Dublin Protesters Disrupt Modular Homes for Homeless Worksite Read More
Where so many see a loathing, fearful problem, Robert Rand, a Vietnam Vet with 20 years of military service, sees an opportunity. Writing in centralmaine, he states he doesn’t understand the rejection of Syrian refugees, especially by the Republicans, comparing it to turning back the boatload of 100s of Jewish …
Lower Immigration Barrier, Offer Syrian Refugees New Manufactured Homes Read More
Following a series of posts MHProNews has published regarding Jeffrey L Et Al Gendell’s unloading of Patrick Industries, Inc. (PATK) which we have documented since Nov., 2014, this major stockholder has now sold an additional 11,116 shares of Patrick. The shares were sold at an average price of $41.03 for …
In another inside trading transaction at Drew Industries, Inc. (NYSE:DW), Chief Administrative Officer Jamie Schnur sold 1,626 shares of company stock in a deal dated Tue., Nov 24, according to storminvestor. The shares were sold at an average price of $59.41 resulting in a transaction value of $96,600.66. On Nov. …
MHProNews has learned from realestaterama the Lake County (Fla.) Building Services Division is hosting an instructional workshop on “Manufactured Home Set-up” Dec. 3 in Tavares, Fla. Presented by Blaine Fort, Department of Motor Vehicles Safety Program Consultant, the free class will deal with the installation and safety aspects of siting …
Fla. Workshop will Feature Manufactured Home Set-up Read More
Quirky hotel chain Snoozebox, which provides pop-up hotel rooms for music festivals and sporting events within 24 hours, has inked a contract with Ealing Council in the United Kingdom to provide 44 modular homes for emergency housing, according to telegraph.co.uk. With the need for 250,000 new homes annually to ease …
Housing Shortage leads to Modular Homes Rising in England Read More
The writers, sponsors and supporters of MHProNews and MHLivingNews extend their warmest wishes for a most fulfilling and Happy Thanksgiving to one and all. (Photo credit: fotosearch) Article submitted by Matthew J. Silver to Daily Business News-MHProNews.
Although HUD Secretary Julian Castro praised the manufactured home industry for making affordable home ownership possible in a recent speech to the Manufactured Housing Institute (MHI), another part of the federal government, the Consumer Financial Protection Bureau (CFPB), restricts lending on manufactured homes valued at $20,000 or less. Some say …
Crucial Vote on MH Lending due in Congress by Dec. 11 Read More
Residents of the two manufactured home communities (MHC) in Kitimat, in the far northern reaches of British Columbia (BC), are on track to receive more security should their communities be repurposed, according to what northernsentinel tells MHProNews. The proposed policy of the Kitimat District will establish time frames and remuneration …
Kitimat B.C. Council Extends Notice Date for MHC Redevelopment Read More
In an insider trade, as reported by voicechronicle, Jason Lippert, CEO of Drew Industries, Inc. (NYSE:DW) sold 2,800 shares of company stock at $59.80 per share for a net of $167,440. He still owns 130,711 shares, 0.55 percent of the company’s market cap of $1.41 billion. Company stock has risen …
In the news from CNNMoney: HP falls 14% upon word of weak sales. Americans are saving more than spending. Tyson Foods, Hormel and Campbell all reported solid earnings this week. Airlines saved $11 billion on fuel in first nine months of 2015. CEO of Brazil’s largest investment firm arrested. Nine …
MHCV Remains above 1200; LPX and Drew also Gain over Two Percent Read More
MHProNews has learned from builderonline that construction of single-family homes built specifically as rental units rose to 9,000 units for Q3 2015, compared to 7,000 for the same period last year. Robert Dietz of the National Association of Home Builders (NAHB) looks at statistics from the Census Bureau’s Quarterly Starts …
