Select Commercial Funding, LLC, announced on Wednesday, February 3, 2015, the funding of a $4,000,000 refinance loan of a 187-unit manufactured home park located in Baltimore, Maryland. The 41-acre manufactured home community, known as Sleepy Hollow Mobile Home Park, was built in 1989 by the owner and contains 187 homes …
Maryland Owner Refinances 187-Unit Manufactured Home Community Read More
Thousand Oaks Acorn News tells MHProNews that volunteers with Habitat for Humanity recently worked to repair and refurbish 15 manufactured homes at the Ranch Mobile Home Park in Thousand Oaks, California. The repairs were made for veterans or their spouses in the low-income community for seniors. Carol Claassen used to worry …
Habitat for Humanity Comes to the Aid of Ranch Mobile Home Park Read More
It’s Sunday morning and time to review the news and stories that appeared on MHProNews during the past week. There are several announcements concerning manufactured housing related companies and other stories that try to predict what is going to happen to the housing industry in the coming year. And, there …
Sunday Morning Recap – February 1, 2015, to February 6, 2015 Read More
MHCV values in general went down 1.60%. In the manufactured housing stocks we track, SKY was the leader with a 1.10% gain. Most of the other stocks we track had negatives. Marketwatch tells MHProNews that U.S. stocks ended the week a bit lower, but managed to hold onto weekly gains. …
KHON-TV in Honolulu tells MHProNews that a bill aimed at establishing manufactured housing communities throughout the state of Hawaii moved forward Thursday in the Hawaii State Legislature. HB1265 would require the Department of Land and Natural Resources to provide the communities with manufactured homes or shipping containers converted into homes …
Bill to Create Low-Income Manufactured Housing Communities in Hawaii Advances Read More
A request to place a HUD code manufactured home on a lot in an area zoned for site-built residential homes in Cameron, Texas, was denied on Monday. Although the Planning and Zoning Commission had recommended approval in a split vote, the Cameron City Council denied the request. The Cameron Herald …
Request for Manufactured Home Denied After Public Hearing Read More
On February 5, Skyline Corporation (NYSE:SKY) announced it will remain an independent company and will remain focused on its plan to build long-term shareholder value. This decision was supported by a Special Committee of the Board that determined “for a variety of reasons, remaining independent represents the best opportunity to …
Skyline Decides to Remain Independent to Continue Recent Successes Read More
U.S. equity REITs are coming off a stellar year with total returns for the sector at nearly 30 percent—double that of the S&P 500. Yet with valuations for many REITs already at pre-recession levels, industry analysts are skeptical that REITs will be able to keep up that pace for much longer. …
Not only are new home starts increasing, the multi-family market is being revived according to industry panelists’ at the recent National Association of Home Builders (NAHB) International Builders’ Show (IBS) in Las Vegas. The general concensus was that the multi-family market has had strong demand in recent years and is …
Multifamily Housing to Remain Strong in 2015, Says IBS Panel Read More
MHCV values in general went up 1.42%. Leaders in stocks we track are: UFPI 2.40%, KMP 2.10%, ELS 1.87%, AMG 1.63%, BRK.A 1.60%. Marketwatch tells MHProNews that U.S. stocks recorded solid gains on Thursday, buoyed by a rebound in oil prices, deal news and upbeat quarterly earnings, pushing the S&P …
Dow and Oil Stocks Go Up; MHCV Values Go Up Slightly Read More
Yesterday, on February 4, 2015, HUD announced its newest list of appointments to the Manufactured Housing Consensus Committee (MHCC). After reviewing this list, MHARR feels that HUD has once again denied the industry collective voting representation, an important right for consumers. MHARR feels that HUD continues to selectively manipulate membership terms …
HUD Again Denies Collective Industry MHCC Representation Read More
As people get older, sometimes adjustments are needed to accommodate both their physical and financial requirements. Sometimes there needs to be some remodeling done at a stick-and-brick home. At other times, a manufactured home may be added to the property to accommodate relatives and caregivers. In other situations, some older …
Adjusting Living Spaces to Accommodate Older Homeowners Read More
Lower interest rates and increased consumer confidence have resulted in increased sales of new homes in January, according to some of the nation’s largest home builders. The Wall Street Journal tells MHProNews that Taylor Morrison Home Corporation, a builder in five states, on Wednesday reported a 30% increase in its …
Sale of New Homes Increased in January and Expected to Continue Read More
On February 4, the U.S. Department of Housing and Urban Development (HUD) announced the newly appointed members of the Manufactured Housing Consensus Committee for 2015 as well as those appointed to a second term. Robin Roy, Chris Flannery, John W. Weldy, and Joseph L. Anderson II will serve as new …
HUD Announces Members of Manufactured Housing Concensus Committee Read More
On December 26, the day after Christmas, Dennis Moylan, 46, was asleep in the bedroom of his home at the Pioneer Park manufactured home community in Bradenton, Florida. Around 1 a.m., some men fleeing from police in a stolen car crashed into his house. The crash moved the home from …
Florida Vietnam Veteran Receives Free Manufactured Home Read More
MHCV values in general went up 2.58%. Several of the stocks we track went up, but most went down. Companies with positive gains: CVCO 4.57%, SKY 1.96%. The Associated Press tells MHProNews that the stock market ended an uncertain day, mostly lower, after the price of oil took another plunge. …
Dow Goes Up as Oil Drops 9%; MHCV Values Go Up Slightly Read More
Wisdom Homes Of America, Inc., announced on February 4 that the company has an option to acquire 25 residential lots in Sherman, Texas, on which to locate manufactured homes. “We are continually striving to make the manufactured home buying experience easier and faster for our customers,” Brent Nelms, President of …
Wisdom Homes Announce New Development on Texas – Oklahoma Border Read More
For the first time in many years, new manufactured home communities (MHCs) or additions to existing MHCs are being developed. One of those is located in Church Hill, Tennessee, tucked into the northeast corner of the state. This new community is being created by a couple with a desire to …
New Manufactured Home Park in Tennessee Being Offered By Enterprising Couple Read More
Homeowners in Oceanside, California’s manufactured home communities have been meeting with the mayor about interference in the sale of their homes by community owners. As a result, the city council has directed the city attorney to look into the matter. Mayor Jim Wood requested City Attorney John Mullen to meet …
Oceanside Homeowners Protest Community Owners’ Actions Read More
MHCV values in general went up 3.62%. Several of the stocks we track went up. Leaders are: UFPI 3.42%, SUI 2.17%, LPX 2.00%. Marketwatch tells MHProNews that U.S. stocks advanced further and were on track to record a second-straight day of big gains Tuesday afternoon, as equities tracked surging oil …
Dow Surges Triple Digits as Oil Jumps to 2015 High; MHCV Values Went Up Slightly Read More
