Deer Valley Corporation (DVLY) Guin, Alabama, on January 6 announced on the retirement of Charles G. Masters, the Company’s Chief Executive Officer and President, effective December 31, 2014. Yahoo! Finance tells MHProNews the Company does not presently intend to hire a replacement for Masters. In January 2006, he led an […]
Deer Valley – Manufactured and Modular Homebuilder – CEO Retires Read More
Manufactured housing stocks declined slightly today. Deer Valley announced the retirement of its President and CEO Charles G. Masters. ELS and SUI made slight gains. Marketwatch tells MHProNews that overall, U.S. stocks bounced off session lows by the last trading hour, but still ended lower Tuesday, with losses across the
ELS, SUI with slight gains; S&P Falls Fifth Straight Session Read More
A class-action lawsuit filed by the owners of a Delaware manufactured home community may bring quite a sum of money not only to the group that filed the lawsuit, but to all manufactured home community owners in the state. The Delaware Manufactured Home Relocation Authority (DMHRA) was created by the
MH Community Owners Class Action suit seeks damages from state agency Read More
Americans mourned the recent death of former Massachusetts Senator Edward Brooke, the first African American popularly elected to the U.S. Senate. He was 95 years old and died at his home in Coral Gables, Florida. Brooke (R-Mass.) was very influential in the passing of anti-poverty laws. Obtaining fair housing for
Senator Edward Brooke (R-MA), Fair Housing Law Champion, Dies at 95 Read More
The outcome of an important case is due for oral argument with the United States Supreme Court beginning January 21, 2015. The case is entitled Texas Department of Housing and Community Affairs, et al, Petitioners v. The Inclusive Communities Project, Inc., Respondent. It is awaited with anxiety and trepidation in many
Nadeen Green says Disparate Impact case could rock MH & MHC owners, managers world Read More
ELS, SUN and UMH bucked the trends in MH and the broader markets, each gaining a bit in the broader market drop. Oil prices ended at about $50 a barrel. Marketwatch says that some traders are betting on $20 oil. CNN Money tells MHProNews that “the main culprits of market
MHCs buck the trend, as the Dow plunged 331 points today, worldwide markets drop Read More
Manufactured homes, those factory built homes constructed after June 15, 1976, according to HUD Code construction and safety standards, have proven to be safer from fire than stick and brick houses or pre-HUD Code mobile homes. Still, safety precautions need to be taken. This includes have working fire alarms positioned
Death of Child in Factory Built House Fire Inspires Increased Education on Fire Safety Read More
Caddis Capital Investments, LLC, announced the firm has purchased two 55+ manufactured home communities (MHCs) near Phoenix, Arizona for 10.8 million. These two properties include Paradise Valley Ranch, a 168-site active adult community in Paradise Valley, Arizona. The other is Chaparral Ranch, a 100-site active adult community in Apache Junction.
Caddis Capital Closes on $10.8 Million Purchase of two 55+ Manufactured Home Communities Read More
New year, 2015 is here! The Louisville Manufactured Home Show is 2 weeks and 3 days away! Manufactured, modular and broader news that touches your professional world is all around. From Flashy Fancy Dutch PreFabs, to how much better manufactured homes preform against fires than conventional houses or mobile homes,
Sunday Morning Weekly Recap – Manufactured Housing News – for 12-28, 2014 to 1-3, 2015 Read More
Americans don’t have a monopoly on the design of prefab housing. Sometimes it’s interesting to take a look at what’s happening in other countries. American and international builders can – and no doubt do – pick up some ideas from each other. MHProNews checks out global pre-fab news, just
Dutch Firm Designs Flashy Prefab Homes for Young Professionals Read More
The 2015 Louisville Manufactured Housing Show is now less than 3 weeks away. The Louisville Show has been the MH industry’s largest trade event for the last two years. Registrations are up by 49 professionals over the same period last year, and will accelerate from this point forward. Updates for
Louisville Manufactured Housing Show Countdown Updates Read More
Manufactured home community connected stocks did well today, while the MHCV dipped as did most other MH tracked companies. Reuters tells MHProNews that the broader U.S. stocks closed with little change on the first trading session of 2015, finishing well off session highs as economic data short-circuited early gains. In
MHCV, S&P and NASDAQ slide, Dow begins 2015 with little change Read More
A prime supplier and manufacturer of products specific to the manufactured housing industry has announced some leadership changes, effective January 1. Style Crest Enterprises, Inc., Fremont,Ohio, announced that Tom Kern, founder and past CEO of Style Crest will assume an active management role as Chairman of the Board of Directors
Manufactured Housing Industry Supplier Announces Leadership Changes Read More
Manufactured housing “street” or “community” retailers know how important credit scores can be for getting financing for would be customers. Consumer Financial Protection Bureau (CFPB), related federal or state licensing and regulatory standards have been making it tougher for sellers to communicate with consumers. Regs can also make it challenging
Consumer Access to Credit Reports Getting Easier? Read More
The term “sliders” is no longer limited to those small 3” sandwiches offered at various restaurants. A team of engineers at Stanford University has developed a method of constructing earthquake-resistant homes using 4.5” steel and plastic “sliders.” Jetson Green tells MHProNews that Stanford’s method involves placing a home on “seismic isolators.”
Stanford University develops Earthquake resistant design for Homes Read More
Two so-called ‘mobile home’ fires that hit local news illustrate the fact that modern manufactured homes (MH) offer better protection by design. Modern MH is safer against fires than traditionally constructed housing. MH is safer than pre-HUD Code mobile homes too. Who says? The NFPA – the National Fire Protection
Manufactured Homes – Safer in Fires than “Sticks and Bricks” Houses Read More
There are many signs and facts that point to a continued manufactured housing recovery. We are in year 5 of year-over-year sales growth on new manufactured homes. There are new home sites being added in existing manufactured home communities, plus new communities are being planned. Investors are willing to place
Happy New Year 2015! Read More
Aging and improperly maintained infrastructure can lead to drinking and waste water problems in any kind of neighborhood, manufactured home communities (MHC) included. Besides the hassles for residents, media accounts of health violations in MHCs tend to fuel the ‘troubled mobile home park’ image. A recent example of this took
Faulty Water and Sewer create problems for some MHC Residents and community owners Read More
The Manufactured Housing Composite Value and most tracked MH stocks lost ground today. Brent crude, the global benchmark for oil, hovered around a new low of $56 a barrel, heading for its largest annual decline since 2008. Oil inventories declined more than expected last week. CNN Money points out that
The race for the presidency began months ago for Hillary Clinton and others who have been testing the waters. What will the business community and manufactured housing professionals be looking for as the 2016 campaign unfolds? Who will emerge as the standard bearers for the two major parties? Undoubtedly, Bill
Will Jeb Bush advance family dynasty, seeking 2016 Republican Presidential candidacy 2016? Read More
