Two more manufactured home communities loans in Enfield and Canaan, NH were closed, converting the properties into resident owned communities, Steve Varnum told MHProNews.com. Varnum is with the NH Community Loan Fund (NHCLF), which he says was Established in 1983, and closed on their first resident owned cooperative in 1984. Mascoma Parks, […]
Two More Community Deals Closed by NHCLoan Fund Read More
The evolving Daily Business Newsmarket report sets the industry’s stocks in the broader context of the overall market stocks. By spotlighting the headlines – from both sides of the left-right media divide – this report also helps readers see what are the trends and topics that may be moving the
Guru Frateschi – MH Stock Poised for BIG Gain, Plus Market Updates Read More
Several recent industry events have highlighted just how significant the incorrect use of jargon – terminology – is for manufactured housing retailers, communities, producers and others who serve, supply, and support the industry. For instance, the Ohio Manufactured Home Association (OMHA) and their state’s resident group struggle to keep their
Lies, Fables and MH Impact – A Rose by Any Other Name… Read More
The Department of Housing and Urban Development (HUD) manufactured housing program administrator, Pamela Beck Danner, JD, or another person there authorized the issue of an Interpretive Bulletin (IB) concerning “frost-free” and frost-protected manufactured housing foundations in freezing climates. The HUD IB was issued on June 23, 2017, states the Manufactured
While lumber costs have risen for all of housing – including factory builders – fuel prices are falling. In fact, CNN Money reports that prices are the lowest they’ve been in about 12 years. NBC News in the video below echoes that reality, stating that prices are expected to stay
Sooner or Later, It’s Moved by Truck Read More
“A free people [claim] their rights as derived from the laws of nature, and not as the gift of their chief magistrate.” – Thomas Jefferson, Rights of British America, 1774 (1) “A people… who are possessed of the spirit of commerce, who see and who will pursue their advantages may
Manufacturing employs some 12.3 million workers in the United States. That represents about 9 percent of the workforce, says the National Association of Manufacturers (NAM). The Institute for Supply Management (ISM) tells MHProNews that American factories powered up in June, 2017. Production centers are at their fastest pace in nearly
Latest Manufacturing Report from ISM, with NAM, Other Industry Insights Read More
Thomas D. Smith, an attorney with a real estate, manufactured housing and development background, died Tuesday in an automobile accident. Smith, says Topix, was 83. The Toledo Blade stated that Mr. Smith, of Waterville Township, became a partner in a group that developed and owned manufactured home communities in Toledo,
Passages – Thomas D. Smith Read More
Cost-effective housing today is a growing problem for employers and educational institutions alike. Google recently announced their plans to turn to modular construction to help ease their employee housing crunch. Now, Western Dakota Technical Institute (WDTI) is turning to modular building for on-campus living for the first time. WDTI is
Technical Institute Looking to Modular Student Housing Read More
Because Warren Buffett’s Berkshire Hathaway has such big chunks of the manufactured housing industry’s production, lending, suppliers, and more – the “Oracle of Omaha’s” thoughts are carefully followed by the industry’s professionals. In a recent video interview with Judy Woodruff on PBS, the discussion included a look at what should
Warren Buffett’s Latest Push Read More
The evolving Daily Business Newsmarket report sets the industry’s stocks in the broader context of the overall market stocks. By spotlighting the headlines – from both sides of the left-right media divide – this report also helps readers see what are the trends and topics that may be moving the
Spotlight=UFPI vs. Deltic – Patrick Gainer, Cavco Leads Decliners, MHCV Slides Read More
With 1 out of 9 Americans moving every year in search of housing, that represents well over ten million potential opportunities for housing professionals annually. The U.S. Census Bureau says that in 2016, there were 324,118,787 Americans. With 2.64 people per household, that yields some 122,772,267. So, when one out
USA Snapshot, the Need for Affordable Housing, by the Numbers Read More
“Affordable home ownership is Human Capital Investing as opposed to warehousing humans like cattle in a corral,” said Donald Tye, Jr. He made that and other potent comments as part of an in-depth upcoming video interview and related conversations with a man who understands factory-built housing after decades of first
Meet Donald Tye, The Flashback Fast-Forward Face of Factory-Built Homes?! Read More
Manufactured home professionals may not always realize how many people are ‘on the move’ in their market. Not every mover in an area may not represent an opportunity to sell a home, or fill a leased site/home in a community. But many – once they’re properly exposed to the realities
Americans On the Move – How Often? What are the MH Opportunities? Read More
As vacation season rolls on, we’ll try something just a little bit different again today for our weekly recap of . Reader feedback, always encouraged and appreciated. Matthew and his work are missed, but we hope his trip to the mountains will be a good one! What’s New on MHLivingNews.com
Sunday Morning Weekly Recap Manufactured Housing Industry News June 25 to July 2, 2017 Read More
It was the early 1970s. Then – as now – affordable housing was an issue. Then as now, quality, affordable homes were needed in urban settings — not just in land-lease communities. Nor limited to scattered, rural homesites. The home in the featured photo above was reportedly produced in Elkhart,
Flashback Report – Urban Factory-Home Building Project, What It Could Mean Today Read More
As June 2017 winds to a close – a time which President Donald J. Trump proclaimed to be Home Ownership month – Housing and Urban Development (HUD) Secretary Dr. Ben Carson hosted a video broadcast via Facebook, which MHLivingNews captured, enhanced from the original and provided to the Daily Business
HUD Secretary Ben Carson Exclusive Video – ‘Absolutely!’ ‘We Need Crusaders’ Read More
The evolving Daily Business News market report sets the industry’s stocks in the broader context of the overall market stocks. By spotlighting the headlines – from both sides of the left-right media divide – this report also helps readers see what are the trends and topics that may be moving
Insider Trades at Tricon, Spotlight – Check Moves at Cavco, Skyline, More Read More
Recently, a manufactured home industry professional said, “We hear about affordable housing all the time.” He then asked – “What is affordable housing? How is it defined?” Department of Housing and Urban Development (HUD’s Definition HUD defines “Affordable Housing as those households that are paying 30 percent or less of
What is Affordable Housing? How Affordable is Manufactured Housing? Read More
The odds of passing the Manufactured Housing Institute (MHI) backed “Preserving Access to Manufactured Housing Act” may be rising. Sources tell MHProNews that MHI has reported to their members in an email yesterday that, “the House Appropriations Committee’s Subcommittee on Financial Services and General Government (FSGG) passed the language of
