In CNN News: Colt Gun maker files for bankruptcy, CVS buying Target’s pharmacies for $2 billion, Puerto Ricans fleeing a bad economy, and Los Angeles is now the largest city in the country with a $15 minimum wage. Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) gained +0.10 percent, besting …
MHCV Advances 6th Straight Day, while Dow Falls over 100 Points 2nd Straight Day Read More
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) rose five points in June, more than expected, from 54 to 59 points, hitting its highest level since September, 2014, indicating confidence among home builders. While any number above 50 indicates builders see conditions as favorable, Reuters says …
Actor Brad Pitt initiated the Make it Right foundation to provide modular homes for survivors of Hurricane Katrina after it devastated the Ninth Ward in New Orleans. Now he is partnering with the Fort Peck Indian Reservation to bring 20 eco-friendly modular homes to be placed in a sustainable village …
Brad Pitt’s Foundation Installing Modular Homes for Fort Peck Indians Read More
Michigan’s Gov. Rick Snyder has appointed Bryan Davis of Redford, MI to the state’s Manufactured Housing Commission, according to realestaterama. The commission establishes policies that govern all aspects of manufactured housing (MH), including year-round and seasonal communities. Davis, a business agent for the Michigan Regional Council of Carpenters, represents organized …
Michigan has New Member on Manufactured Housing Commission Read More
In manufactured housing (MH) news, the demand for smaller homes could be a boon for MH, while Sunshine Homes documents the quality that goes into their product. In other company news, Nobility Homes posts strong results, UMH sets acquisition for six MHCs, Clayton Homes incentivizes purchase of homes while Clayton …
Sunday Morning Recap—June 7, 2015 to June 13, 2015 Read More
Sydney, Australia-based architect Stephen Sainsbury has designed Ecoshelta, a series of modular homes constructed of wood frames and corrugated metal siding and roofs that can be made in a variety of styles with minimal environmental impact. The interiors are lined with plywood from certified-sustainable plantations, as curbed.detroit informs MHProNews. The …
Australian Modular Home available in Multiple Configurations Read More
In a blog from thehill, former Oklahoma Governor Frank Keating, now president and CEO of the American Bankers Association, noting June is American Housing Month, says he hears from bankers across the country who tell him regulations are standing in the way of homeownership. He says nearly two-thirds of Americans …
Expanding Portfolio Loans could help Consumers Purchase Homes Read More
While the focus of homebuilding has been on the larger homes, the future may see more moderately priced smaller homes as the industry tries to lure consumers, especially first-time buyers, back into the homeowner fold, as the National Association of Home Builders (NAHB) tells mpamag. However, Census Bureau data reports …
In CNN News: President Obama’s trade deal denied by Congress, chicken chains clucking all the way to the bank, Cartier boss says rising inequality will lead to class war, and the Kurdish Regional Government says its fight against ISIS is being hindered due to the failure of the Iraqi government …
Nobility Homes Spikes, Likely Boosted by Q2 Positive Earnings Report Read More
MHLIvingNews and MHProNews publisher L. A. “Tony” Kovach interviewed Brent Bolding, head of quality control at Sunshine Homes in Red Bay, Alabama. The interview documents the steps a manufactured home producer must go through in assuring the product is made correctly. Bolding, a former self-employed businessman, now in his tenth …
Video Interview Documents Quality of Sunshine Manufactured Homes Read More
The rights of residents of manufactured home communities (MHCs) will be the topic at a meeting in McKinleyville, California on Sat., June 13 sponsored by two advocacy groups, the Humboldt Mobilehome Owners Coalition and the Golden State Manufactured Homeowners League. Mary Ella Anderson with the Humboldt group says site rents …
Rights of Manufactured Home Community Residents to be the Topic Read More
The University of Texas at Austin is partnering with Germany’s Technische Universitat Munchen to build a modular house that runs on water and sunshine for the U. S. Department of Energy’s Solar Decathlon competition. According to customhomeonline, the home is also net zero for water and energy, and is based …
Super Efficient Modular House Destined for Solar Decathlon Read More
For the second fiscal quarter of 2015 ending May 2, Nobility Homes Inc. (OTCQX:NOBH) announces sales rose 23 percent over the same quarter of 2014, $6,706,118 versus $5,431,026. Income from operations rose to $665,719 from $305,628 for the same period last year, while net income after taxes increased to $685,553 …
Nobility Posts Sales, Income Gains over same Quarter 2014 Read More
In CNN News: Identity theft still tops biggest consumer complaints, Rupert Murdoch stepping down as 21st Century Fox head, to be replaced by son, James; and the Detroit Land Bank owns 88,000 properties, 25 percent of the city’s homes. Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) far outpaced the …
MHCV Gains 2.58 Percent, Nobility Homes Drops 3.16 Percent Read More
The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews a Department of Energy (DOE) contractor, Navigant Consulting, is contacting producers of manufactured housing, especially smaller manufacturers, to obtain feedback on new proposed energy standards for manufactured housing. MHARR maintains the new standards are unnecessary and excessively costly, although they …
MHARR says the DOE is Seeking Support for New Manufactured Home Energy Standards Read More
MHProNews has learned a medical mission to the town of Milot, Haiti, 75 miles from the capital, Port-au-Prince, included an ambulance donated to Sacre Coeur Hospital by George Gilpin, CEO and President of EasCare Ambulance in Dorchester, Massachusetts. In addition, the hospital last month received four modular housing units courtesy …
Long-time veteran of the manufactured housing (MH) industry, Dee Greiner of Conway, Arkansas passed away in her home June 9, 2015. She began her MH career with Barcraft Industries in 1967, and in 1972 joined the staff of Castle Industries, becoming vice-president. In 1986, according to thecabin, she co-founded Prestige …
Since President Obama entered the White House real estate has been the best investment in terms of returns, specifically real estate investment trusts (REITs), companies that own a variety of properties, or just one type of investment. According to cnnmoney, investors have bought REITs during the recovery from the recession …
REITs have been a Good Investment during the Economic Recovery Read More
A survey by the Associated General Contractors of America (AGCA) found last year that 83 percent of construction firms had difficulty filling carpenter, laborer and equipment operator positions, according to wsj. Nearly 2.3 million construction jobs disappeared between April 2006 and January 2011, 40 percent of that particular workforce. As …
If Demand Surges for New Homes, Who will Build them?? Read More
In CNN News: Bird flu leading to higher priced eggs, Alan Greenspan says U. S. real estate market is stagnating, low oil prices hurting energy-rigged states, and concerns expressed for emerging markets by World Bank and Federal Reserve. Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) once again outpaced the …
MHCV Gains Nearly 2%; Louisiana Pacific Advances 3.36% Read More
