New data from Case-Shiller shows that January home prices rose at the fastest rate since 2014. While this spells a win for sellers, it could eventually affect buyer demand. According to the Wall Street Journal, home prices rose 5.9 percent in the 12 months ended in January, the strongest increase …
Our theme for our April 2017 issue is: Manufactured Housing Industry Politics – Complicated Cross Currents, or April Fools? These articles will go live on the MHProNews.com home page on April 5th. Manufactured, modular and prefabricated home professionals know that how a home got to its location should not define a person …
ELS Chairman and billionaire real estate mogul Sam Zell shared his thoughts recently on President Donald Trump’s plan for the border wall with Mexico, and what it means for business. “I’ve done a fair amount of business near the Mexican border and I think the country is going to do …
Noteworthy headlines on – CNNMoney – The Wells Fargo scandal is far from over. Trump rally alive and kicking after first quarter. Samsung phone launch: It’s been a challenging year. Obamacare: We liked our old health plans better. Some bullets from Fox Business – Tillerson to NATO members: Pay up. Commerce …
Patrick Soars, Manufactured Housing CV Rises, Broader Markets Down Read More
New data shows an interesting trend – popular cities like New York, Los Angeles, and Washington D.C., normally destinations for living, are actually losing people in mass. According to a study by Bloomberg, in the 100 most populous U.S. metros, the New York City area ranked 2nd, losing about a …
City Residents Make Unexpected Moves – Opportunity for MH? Read More
Cavco Industries Inc. (NASDAQ:CVCO) tells MHProNews that it has signed a Letter of Intent, and has reached an understanding, on terms to acquire Lexington Homes, Inc. The purchase of Lexington is expected to improve Cavco’s ability to participate in the growing Southeastern housing market, as well as better serve the needs …
The Michigan Manufactured Housing Association (MMHA) tells MHProNews that it is renaming the organization’s nonprofit foundation as The Tim DeWitt HARVEST Education Foundation, in tribute to his nearly four decades of service to the organization. Dewitt originally founded the HARVEST Education Foundation in 1995, and to date the organization has awarded …
Michigan Manufactured Housing Association Announces Changes Read More
In Bismarck, North Dakota, a long running discussion about special assessments provided manufactured home owners a surprise. One that they weren’t necessarily looking for. According to FOX West Dakota, some manufactured home property managers were surprised to learn they were paying more than traditional homeowners on special assessments. “Well they’re …
Noteworthy headlines on – CNNMoney – Bids are rolling in for the Mexican border wall. What the heck is going on with Sears stock? Big Oil could be ready for a big comeback. Some bullets from Fox Business – Sean Spicer: Trump economic team weighing best options for tax reform. Norquist: …
Skyline Rises, Manufactured Housing CV, Broader Markets Up Read More
In Chesterfield, Missouri, residents of the town’s only manufactured home community received some very shocking news this week. According to News 4, residents of the Chesterfield Mobile Home Park could be losing their homes, if developers get their wish – they want to build 300 apartments where the community currently …
Manufactured Home Community, Residents, Face Uncertain Future Read More
In Delaware, homeowners in need are going to get some help. The Delaware State Housing Authority (DSHA) tells MHProNews that qualified homeowners in need of assistance to keep their homes livable can now apply for assistance from the new Statewide Emergency Repair Program. Governor John Carney and the Housing Authority …
A recent manufactured home fire in Urbana, Ohio, has officials across the state calling for bold action. Their target is the Ohio Manufactured Homes Commission. According to the Dayton Daily News, fire officials across Ohio are backing a proposal by Governor John Kasich to abolish what they call an “industry-controlled …
Manufactured Home Commission Under Fire, After Fire Read More
The trend of municipalities turning to manufactured and modular homes as a solution to housing shortages continues to grow. In the U.K., recently completed modular housing developments have been slated to serve first time homebuyers and workers in South London. According to 24 Housing, Vision Modular Systems, in partnership with …
Modular Housing Serves as Affordable Housing Solution Read More
Noteworthy headlines on – CNNMoney – Brexit triggered: 5 obstacles to amicable divorce. Well Fargo customers in $110M settlement. Napolitano returns to Fox, stands by false spying claim. Westinghouse Electric is filing for bankruptcy. Some bullets from Fox Business – Construction business defies California’s ban against border wall construction. Bass …
Patrick Up, Manufactured Housing CV Rises, Broader Markets Mixed Read More
In Queensbury, New York, manufactured housing has scored a victory. According to the Post Star, the town received word that a new state law will require it to allow the manufactured homes in residential districts. The law, which originally passed in 2015, allows for any single-family manufactured home that “appears …
Officials in Corona, California, say that they may pursue voluntary rent control measures for manufactured home communities, in an effort to help low income and elderly residents who face rent hikes of up to 30 percent over the next two years. According to the Press Enterprise, the Corona City Council is …
Potential Rent Control for Manufactured Home Communities Read More
In a North Fort Myers, Florida manufactured home community, some special residents were honored for their contribution. According to the News-Press, twelve World War II veterans, ages 87-94, were honored this past weekend at the Forest Park Mobile Home Park. 70 years removed from their time in service, veterans – …
In a follow up to a story that Daily Business News originally covered here, Chicago Mayor Rahm Emanuel is “gung ho” about developers planning to build 12,000 modular homes, along with a factory to manufacture them, on the 430-acre site of the old U.S. Steel South Works plant in the …
Noteworthy headlines on – CNNMoney – Dow jumps 151 points, breaks 8-day losing streak. Wells Fargo fails discriminatory and illegal practices test. O’Reilly apologizes for racially charged joke. Never ending success? Olive Garden sales boom. Some bullets from Fox Business – As sanctuary cities grow, public schools left holding the …
AMG Soars, Manufactured Housing CV Slips, Broader Markets Roar Back Read More
In a follow up to a story that the Daily Business News originally covered in February, the Iberia Parish, Louisiana Parish Council voted last week to adopt a new ordinance to regulate the development of manufactured home communities and subdivisions. This appears to be the end of the road for the …
