Good Sunday Morning! In a large portion of the United States, it has been very cold this week. As you sit by the fire to thaw out and drink another cup of coffee, there are some interesting stories in this week’s list to read. There is some information about the sale …
Sunday Morning Recap – March 1, 2015 to March 7, 2015 Read More
A handful of residents say it’s not so sunny at the Sunny Meadows Mobile Home Park anymore, where a wave of evictions has followed a new park manager’s first year at the West Longview, Washington, community. Longview Daily News tells MHProNews that Yohnda Ellis is among those being told to …
Evictions sharply rise at Sunny Meadows Mobile Home Park Read More
The Calistoga, California, City Manager has been authorized to grant a larger home loan amount for manufactured home owners if the funding is necessary to alleviate health and safety issues. This decision was announced by the Calistoga City Council on Tuesday, March 3. The Weekly Calistogan tells MHProNews that the city …
Unsafe manufactured homes eligible for larger loan Read More
MHCV values dropped 1.71% today. In the stocks we track, most lost value. One exception was CG up 1.19%. Reuters tells MHProNews that U.S. stocks closed lower on Friday and the S&P 500 declined for a second straight week after a strong monthly jobs report as investors bet that the …
Dow Tumbles as Investors Fear Rate Hike; MHCV Values Also Fall Read More
Sunshine Homes, a company that has been delivering custom manufactured homes in Alberta, Canada, for the last eight years, has announced that it is able to provide interest rates at 4.5% on a five-year term. Marketers Media tells MHProNews that Sunshine Homes knows that savings have always been an important …
Sunshine Homes Announces 4.5% Interest Rates on Five-Year Term Read More
The Shelburne News tells MHProNews that a crane recently delivered a new style of manufactured home to the Shelburnewood Mobile Home Park in Shelburne, Vermont. Built in White River Junction by Vermod High Performance Homes, the single section manufactured home in Shelburnewood is the 17th unit constructed and sited in Vermont. …
New type of manufactured home installed in Shelburne, Vermont Read More
Just south of the Elmendorf-Richardson military base in Anchorage, Alaska, there’s a seven-block manufactured home community named Four Seasons, where rentals start at $1,300 a month. Its one of at least 40 multifamily properties in the area, or about 12 percent of the city’s entire rental market, owned by Weidner …
Marketwatch tells MHProNews that typically, first-time buyers account for approximately 40% of all home sales. Today they account for 28%, according to Lawrence Yun, chief economist for the National Association of Realtors. The reason – slow job growth is making it harder for young would-be buyers to find good …
Shelby Hines had just finished replacing the front door on Natia Patterson’s manufactured home when he asked to wash his hands. Patterson agreed, but she told him the only running water was in her bathtub. When Hines walked inside, he found a kitchen with leaky pipes in warped cabinets and …
MHCV values went up 2.67% today. In the stocks we track, there were only minor gains. Highest increase: AMG 1.44% and CG 1.01% Reuters tells MHProNews that U.S. stocks closed modestly higher in light trading on Thursday as investors held back on big bets ahead of Friday’s jobs report. This …
Wall St closes up slightly ahead of jobs report; MHCV Values Rise Read More
Realtors are rejoicing because home prices are up. Prices rose 5.7% from January 2014 to January 2015, according to a new study. This may also be good news for the manufactured housing industry. As the price of site-built homes escalates, potential homebuyers may begin to realize they will get more …
As the Price of Site-Built Homes Rise, So Will Manufactured Home Sales Read More
Housing Wire tells MHProNews that on Tuesday, March 3, Consumer Financial Protection Bureau Director Richard Cordray appeared before the House Financial Services Committee. At this time, Committee Chairman Jeb Hensarling (R-TX) continued his ongoing criticism of the CFPB as unaccountable. “The CFPB undoubtedly remains the single most powerful and least …
Republicans Accuse CFPB of Not Representing the Best Interests of Hardworking Taxpayers Read More
Numbers reported by the Canadian Real Estate Association this week show that confidence is faltering in several real estate markets across Canada. Sales in Calgary, Edmonton and Saskatoon declined more than 20 per cent in January compared with January of 2014. Activity is slow in Ottawa, Montreal and the rest …
Buyers Bidding Outrageous Prices for Toronto Homes Read More
Rep. Jeb Hensarling (R-TX), chairman of the House Financial Services Committee, is frustrated by the “stonewalling” exhibited by federal agencies, and is ramping up pressure on government officials to quickly comply with requests for information. The Wall Street Journal tells MHProNews that Hensarling said he plans to provide federal agencies …
House Committee Chair Wants Faster Response from CFPB Read More
A recent ruling by Petaluma City Attorney Eric Danly has prevented a 16.7 percent monthly rent increase for residents Irene and Michael Hansen at the Sandalwood Mobile Home Estates. Owner Bill Feeney was told that the Hansens are not obligated to pay the increase without due process. “The proposed space rent …
City of Petaluma Blocks Rent Increase at California MH Community Read More
Friends and supporters of a West Kelowna, B.C., Canada, couple evicted from the Jubilee Mobile Home Park have organized a yard sale to help raise money. Ross Arnott and Ed Schneider have until April 1 to move or vacate their manufactured home in the community on Westbank First Nation land …
Yard Sale Planned for Evicted MH Community Residents Read More
The Delaware Attorney General’s Office is reaching out to educate residents living in manufactured home communities throughout the state about laws and regulations specific to them. Tenants and landlords are subject to many provisions included under Title 25, Chapter 70 of Delaware law. Many manufactured home communities, like Whispering Pines …
The placement of a manufactured home and a supposed drop in property value dominated much of the discussion Monday at the Hall County Planning Commission meeting in Gainesville. Residents of an adjoining subdivision say if a manufactured home is moved to where it can be viewed from their property, this …
Georgia Planning Commission Upholds Decision to Allow Placement of Manufactured Home Read More
An elderly resident of a Tampa Bay manufactured home community returned home after a long absence only to learn that his home had been sold to someone else and all his possessions had been tossed out. Salaheldin Abuelenen, 88, said the trouble began when he wasn’t feeling well last March …
Assumed to be Dead, Elderly Man’s Manufactured Home Is Sold Read More
MHCV values went down 1.92% today. Most of the stocks we track had losses. Exceptions: Sky up 3.47% and NOBH up 1.00%. Reuters tells MHProNews that U.S. stocks fell on Tuesday with technology stocks leading the decline a day after the Nasdaq Composite hit its highest in 15 years, while …
The Dow Fell 85.19 Points; MHCV Stocks Dipped Again Read More
