In Sweden, even with a robust and sturdy “welfare economy,” the nation is still suffering from an intense housing shortage due to its popularity as a destination for migrants. It’s now looking to shipping containers as an option to ease the crisis. And with imports from places like China to Europe much …
Faced With Housing Shortage, Nation Turns to Unused Containers Read More
Residents of a Weslaco, Texas manufactured home and RV community are dealing with code violation notices from city officials. According to KRGV, Hidalgo County health officials have flagged more than half of the homes and RVs at the Weslaco Trailer Park property in the last week. They said violators are making …
Residents Try to Keep Up With Repairs, Code Violations Read More
Continuing today, the Daily Business News manufactured housing industry connected market report on MHProNews will add and tweak some features, in an ongoing effort to provide ever more useful and balanced information to readers. “We Provide, You Decide.” © Noteworthy headlines on CNNMoney – Trump to sit with Bill O’Reilly for …
Deer Valley, Skyline Hit Hard, Manufactured Housing CV, Broader Markets Down Read More
Clayton Homes, one of the nation’s largest builders of manufactured housing and a subsidiary of Warren Buffett’s Berkshire Hathaway (BRK/A), tells MHProNews that they have launched a new division of the company that will deliver homes from home building facilities to retail home centers. Clayton Home Transport will be a part …
In another case of NIMBY (Not-In-My-Back-Yard), a South Carolina County Council is asking for more clarity. The Aiken County Council has sent a proposed rezoning back to the planning commission to review alternate zoning of some or all of the area. According to the Aiken Standard, last month the County Council …
Proposal to Keep Manufactured Housing Out Sent Back to Planning Commission Read More
President-elect Donald Trump has put forward a number of aggressive initiatives to spur or grow the U.S. economy. On the subject of taxes, questions about the ramifications from changes abound. And, the opportunities for the manufactured housing industry come clearly into focus. According to National Mortgage News, proposed corporate tax …
Proposed Trump Tax Reform, Does it Change Affordable Housing Finance? Read More
As “baby boomers” eye retirement in large numbers, builders believe that they could jumpstart an affordable housing boom. Per FOX Business, a report by the Harvard Joint Center for Housing finds that by 2035, more than one in five people in the U.S. will be aged 65 and older and one in …
Harvard Study, Baby Boomers to Spark Affordable Housing Boom Read More
Canada based real estate investment trust Killam Properties Inc. (TSE:KMP.UN) received a number of recommendations from ratings firms recently, with an average recommendation of “buy.” According to Community Financial News, Canaccord Genuity decreased their price target on Killam Properties from C$14.00 to C$13.50 on January 5th. Scotiabank reaffirmed its “sector …
Killam Receives Recommendations From Ratings Firms Read More
Things are heating up in Arkansas between the manufactured housing industry and Governor Asa Hutchinson’s office. According to KATV, the issue stems from a proposal that is designed to stop military retirement benefit pay from being taxed. Proponents of the proposal say that it would bring more military to live …
Manufactured Housing Industry Speaks Out Against Tax Levy Read More
In observance of the birthday of civil rights leader Dr. Martin Luther King, Jr., all markets will be closed on Monday, January 16th, 2017. Tension Abounds On a day where Dr. King is honored for his achievements, there is no shortage of tension leading up …
Markets Closed, Martin Luther King Jr. Holiday, Tension Abounds Read More
America’s small businesses are very optimistic. Per Bloomberg, The National Federation of Independent Business’s (NFIB) index jumped 7.4 points last month to 105.8, the highest since the end of 2004, from 98.4. The December numbers represent the largest rise in optimism since 1980 as expectations about the economy’s prospects improved …
With confirmation hearings underway for Dr. Ben Carson as Department of Housing and Urban Development (HUD) Secretary, the voice of opposition is speaking loud and clear. “Although you have many accomplishments in the medical field, there is relatively little in the public record that reveals how you would further HUD’s …
Former HUD Secretaries Endorse Ben Carson for Post Read More
A new year, a new month, and a new set of featured articles are found on the MHProNews.com home page. Our theme for this month is: Jiu Jitsu January in Manufactured Homeland, USA. To see the line-up of over 3-dozen featured articles for this month, along with the headline commentary, …
Assurant, Inc. (NYSE: AIZ), a global provider of risk management solutions has announced that it paid $125 million in cash for Green Tree Insurance Agency, with potential earn outs of up to $25 million, based on future performance. Assurant is acquiring Green Tree from a wholly owned subsidiary of Walter …
Continuing today, the Daily Business News manufactured housing industry connected market report on MHProNews will continue with tweaks on features, in an ongoing effort to provide ever-more useful and balanced information to readers. “We Provide, You Decide.” © Noteworthy headlines on CNNMoney – Wells Fargo is closing over 400 bank branches. …
Deer Valley’s Big Day, Manufactured Housing Comp Gains, Broader Markets End Week Mixed Read More
In a major move at Patrick Industries, Inc. (NASDAQ:PATK), CEO Todd Cleveland sold 10,000 shares of stock on January 6th. At an average price of $80.16, the total value of the transaction was $801,600.00, per Sports Perspectives. Post-sale, Cleveland now owns 344,998 shares in the company, valued at approximately $27.6 million. During …
Insider Action, Earnings Results at Patrick Industries Read More
One person was hospitalized in Cedar Rapids, Iowa yesterday when a 2015 Chevrolet Cruze left the road and crashed into a manufactured home. According to the Cedar Rapids Gazette, public safety spokesman Greg Buelow said that first responders were called to the Grand View Village manufactured home community for a …
Car Crashes into Occupied Manufactured Home, Latest Strange yet True Stories Read More
When it comes to “California Dreaming,” most thoughts instantly go to sunshine, the beach, Hollywood and mansions. Even so, it turns out the even the biggest Hollywood stars and those who are upwardly mobile see the incredible value in manufactured, prefab and modular housing. The numerous misconceptions about “trailers and …
Oh Paradigm Shift: Million Dollar Manufactured Homes for Rich and Frugal Read More
Clayton Homes, a subsidiary of Warren Buffett’s Berkshire Hathaway (BRK/A) has announced its commitment to make the home buying process an outstanding experience for customers during every single step. With the release of a news infographic, They can now guide the customer through the experience of shopping for a home. The …
Continuing today, the Daily Business News manufactured housing industry connected market report on MHProNews will add and tweak some features, in an ongoing effort to provide ever more useful and balanced information to readers. “We Provide, You Decide.” © Noteworthy headlines on CNNMoney – Fiat Chrysler tanks 18 percent on EPA …
Deer Leaps, Sun Gains, Manufactured Housing, Broader Markets Hit Read More
