The Skinny: New residential construction company Sm+RT Homes, LLP, based in Fridley, MN is teaming with Dynamic Homes of Detroit Lakes, MN to provide affordable, factory-built houses in North Minneapolis as well as a modular home manufacturing plant in that part of the city. North Minneapolis has suffered from foreclosures, …
Sm+RT Homes Teams with Dynamic Homes, mulls North Minneapolis Plant Read More
In a recently reported discussion about affordable housing in Portland, Oregon, four “surprising facts” were raised by OregonMetro’s Craig Bebbe. The panel discussion at the Metro Regional Center shared hopeful signs for preserving and possibly even expanding access for manufactured housing and manufactured home communities in the future. Bebbe called …
Presidential campaigns often revolve around policies and personalities. Related issues like character, health and others also arise. Manufactured housing professionals mirror to some extent the views of the broader nation. There are Democrats, Libertarians, Independents and Republicans. Look hard enough, and a supporter of Jill Stein and her Green Party …
Campaign 2016 – Hillary’s 911 and Manufactured Housing Read More
Financial Services Committee Chairman Jeb Hensarling (R-TX) recently introduced the Financial CHOICE Act, which would serve as a Republican alternative to the Dodd-Frank Act. This move was made because it’s believed the Democratic-backed Dodd-Frank Act has had a negative impact on the country’s economic recovery; a recovery the Financial Services …
Hensarling files Financial CHOICE Act to replace Dodd-Frank Read More
In a stinging statement beyond the quoted headline above in a recent Mercury News Editorial, opens with these words; “The California Legislature has whiffed on the housing crisis. Increasingly, it’s up to cities and counties to solve it.” Indeed, the affordable housing crisis, as routinely reported in the Daily Business …
Due in part to the sheer volume of new content, during Superior September, 2016 the new featured articles have been phased in on the MHProNews home page. Among the most recent published is a new exclusive interview; A Cup of Coffee with…Mark Weiss, President and CEO of the Manufactured Housing …
Manufactured & PreFab Housing Industry Publishing Announcements Read More
MarketWatch spotlighted the following today: More pain may be in store for the S&P 500 in 2016, says Goldman. CEOs of biggest U.S. firms less optimistic about economy. It’s business as usual at Wells Fargo after record fine. Trump says Yellen keeps interest rates low because of White House pressure. …
AMG, Sun Shine; Killam, Third Ave slide, 3 Major Indexes Rebound Read More
Venator Capital Management Ltd has purchased up 466,541 additional shares in Skyline Corporation during the most recent quarter end, the firm said in a disclosure report filed with the SEC, reports TheFoundersDaily. Venator’s website describes themselves in these terms, “Venator Capital Management Ltd. is a Toronto-based investment firm that strives to …
Skyline Corporation – Management Fund’s Major Move – Manufactured Housing Market Watch Read More
These Manufactured Housing Industry News weekly recaps are a mix of headline news and commentary that tees-up each Sunday morning issue. That said, there are some weeks – like this one – where there are so many hot, interesting or newsworthy topics covered that it becomes difficult to decide which …
Sunday Morning Weekly Recap – Manufactured Housing Industry News Sept 4 to Sept 11, 2016 Read More
Cavco Industries, Inc., the nation’s second largest producer of manufactured homes in the United States, recently hit a new 52-week high, when it reached a peak of $109.43. Cavco closed Friday night at 101.17, down after a broader retreat by the markets A possible benefit of a company hitting a …
Milestone: Cavco Industries (CVCO) stock reached new 52-week high Read More
CNNMoney asks, do more heads need to roll at Wells Fargo? Volkswagen engineer pleads guilty to criminal charges. They also stated the obvious, as they report that the Dow plunges almost 400 points. MarketWatch notes that: “Gundlach’s talk of a surprise Fed tightening sets stage for a stock, bond-market rout” …
All Markets Tumble, only 1 MH track stock gains, 2 hold, the rest down for the day Read More
“We are excited to build homes and explore opportunities for this housing segment,” said Mike Duncan with Clayton Homes to MHProNews. “Some may say it is a fad, and there are certainly some obstacles when it comes to zoning and acceptance in some areas, but it will be fun to …
Tiny Houses Go Luxury – Clayton home building group unveils new series, Video, Photos Read More
“West Virginia is a fairly close-knit community,” explains Andy Gallagher, Executive Director of the West Virginia Housing Institute Inc.(WVHI). “Natural disasters are regular occurrences, unfortunately, and family takes care of family.” Jeff Jenkins, writing in the WVMetroNews, stated that “Several staff members with the Federal Emergency Management Agency will be …
The Other Flooding Story – FEMA and Manufactured Housing Units (MHUs) Read More
“Compared to where we were, there is no comparison,” said Lee Allen. “It’s been 10 years of good memories.” “When you walk through Lee and Lucille Allen’s front door, it feels like home,” begins the NextStepUS Annual report. Over a decade ago, the Allen’s became NextSteps first home owners. “Lee …
Affordable (Manufactured) Housing Done Right – NextStepUS Annual Report Read More
Dezeen’s Lucy Wang, writing in Inhabitat spotlights a home in Princeton, New Jersey that has turned 5, which was set in a day, built in plant in a month and was completed in 1/3 the time of conventional construction. The Quarry House was designed by a local architect, Marina Rubina, …
On items that CNN Money finds of interest as part of their market reports for the day: Wells Fargo fires 5,300 for creating fake accounts, Hillary Clinton finally holds a press conference and Airbnb is cracking down on discrimination. MarketWatch notes: iPhone 7 fails to impress, but Apple predicts sellout. …
CVCO, NRF slide, Carlyle Group, LPX glide higher, Politics/Economics Mix Read More
Champion Home Builders recently finished the construction of a net-zero demonstration home, reports Builder’s Jennifer Goodman. The home is located at the Pine Tree Manufactured Home Park in Eatontown, NJ. The plan is to gather data during the next 18 months, as a way to encourage the construction of more …
Champion Home Builders crafts Net-Zero-Energy home Read More
County records reflect that Equity LifeStyle Properties (ELS) has purchased 25 acres in Ellenton, next to Ridgewood Estates – a 55+ manufactured home community (MHC) – for $2 million. Equity LifeStyle paid $11.56 million for Ridgewood in 2011, says the Sarasota, FL Herald-Tribune. As MH Community-sector focused professionals know, Equity LifeStyle …
ELS Acquires 25 acres adjacent to existing FL Manufactured Home Community Read More
In an update to our reports on the massive flooding in Louisiana and FEMAs response with manufactured housing units (MHUs), WBRZ2 out of Baton Rouge reports on new communities being set up, one in this photo, off Blount Road near the airport. Their report indicates that “dozens” of locations in …
FEMA setting up manufactured homes in Louisiana near airport, says WBRZ2 Read More
LivingHomes founder Steve Glenn established his prefab modular building operation in 2006, says BuilderOnline. Initially using other producers of factory built homes to supply their needs, as housing has recovered, Glenn’s operation was increasingly being squeezed by those producers. “They’re taking more time to get back with bids and engineering, …
Doing “End Around” Other Factory-Builders, LivingHomes Sprouts Plant Prefab Read More
