MHProNews

Visionary Builder says The Future is Now

RecordNet reports on the first net zero development in Stockton California, which will consist of 22 modular homes built by Visionary Home Builders. California law has set the goal for all new home construction to be net zero by 2020, with commercial construction to achieve net zero by 2030. Nonprofit …

Visionary Builder says The Future is Now Read More

Congressman says: “I will do anything short of shooting them”

In a follow up report on a prior story in MHProNews, CourthouseNews reports that Congressman Mo Brooks of Alabama stated his position against undocumented immigrants by saying “As your congressman, on the House floor, I will do anything short of shooting them.” This statement is part of the rallying cry …

Congressman says: “I will do anything short of shooting them” Read More

Up, Down and Around the Dow Goes, MH stocks follows

CNNMoney reports that the Euro/Greek economic and political drama continues to impact U.S. markets, as revelations across the Atlantic often move the Dow, up, down and all around as they did today.  The Dow closed down at 11,983.24, -61.23 (-0.51%).  The Yahoo! Finance Manufactured Housing Composite Value also slid less …

Up, Down and Around the Dow Goes, MH stocks follows Read More

Manufactured Housing Stocks outperforms Dow on up day

CNNMoney reports that the Dow closed up at 12,044.47  +208.43  (+1.76%), on news that the Europeans Central Bank announced its first rate cut in two years.  The Yahoo! Finance Manufactured Housing Composite Value rose to close at  869.7 +4.26%.  Affiliated Managers Group 94.30 +2.68  (+2.93%). Clayton Homes, Vanderbilt Mortgage and …

Manufactured Housing Stocks outperforms Dow on up day Read More

Georgia town attempting to violate federal law?

MHProNews.com has learned about another case of what seems to be a local town overstepping their jurisdiction’s authority. WSBTV in Georgia reports on a story at Mountain Park George, in North Fulton County, where an effort is being made to pass a local law that bans ‘mobile homes.’ The video …

Georgia town attempting to violate federal law? Read More

Does Dodd-Frank Compliance take more than 10 million man hours a year?

CNSNews reports on a story worth fact checking. They allege that it takes businesses 10.2 million man hours a year by to comply with Dodd-Frank Regulations. They compared this with the 5.5 million man hours needed to manufacture “every iPhone out there.” The regulatory burden is costing Americans jobs and reducing …

Does Dodd-Frank Compliance take more than 10 million man hours a year? Read More

16 Million crime didn’t pay; HUD MH Fraud case ends in guilty plea

MortgageDaily reports that Roger Dean Bailey, Jr. plead guilty in a North Carolina federal district court to five counts of defrauding dozens who sought to finance manufactured home loans. The 38 year old Bailey plead guilty to one count of conspiracy to commit wire fraud and making false statements to the …

16 Million crime didn’t pay; HUD MH Fraud case ends in guilty plea Read More

UMH Properties, Inc. Announces New Acquisition

MHProNews.com learned that UMH has recently announced it has closed on the acquisition of Clinton Mobile Home Resort, a 116-site manufactured home community situated on 24 acres, located in the City of Tiffin, County of Seneca, in the State of Ohio, for a purchase price of $3,450,000.  UMH is a …

UMH Properties, Inc. Announces New Acquisition Read More

Drew third quarter results posted

MHProNews.com has learned that Drew Industries, Inc. – a supplier of components to the manufactured housing and recreational vehicle industries – has released it’s third quarter results. Revenue rose 13.6 percent to $166.7 million from $146.8 million. Sales of RV components rose 12 percent to $136 million, while manufactured housing …

Drew third quarter results posted Read More

Dow Takes the Plunge, MH Suffers Grunge Times Two

CNNMoney reports that stocks nose-dived as word that the EU/Greek bail out may fall apart, and slowly recovered later in the day.  The Dow closed off -297.05 (-2.48), to close at 11,657.96.  The Yahoo! Finance’s Manufactured Housing Composite value dropped twice as hard, closing at 797.2 (-5.13%). Affiliated Managers Group …

Dow Takes the Plunge, MH Suffers Grunge Times Two Read More

“Oh, Canada” investors sing “Viva Las Vegas!”

CalgaryHerald, MontrealTribune and REBryanEllis reports growing interest among Canadian investors in Las Vegas as a safe bet for long term real estate payouts. Steve Martel of Martels Real Estate, an Ottawa broker said, “Where in Canada can you currently buy a $50,000 property that you can turn around and rent …

“Oh, Canada” investors sing “Viva Las Vegas!” Read More

Debunking the ‘Un-healthy’ Myth of Factory Built Housing; superiority of systems building

MHProNews has learned that the presentations made at the 2011 Healthy Homes Conference have become available, including “Debunking the “Un-healthy” Myth of Factory Built Housing and Its Use as a Superior Healthy Building Alternative” by Michelle Roberts & Rick Terry. The conference was supported by various agencies, including the Department …

Debunking the ‘Un-healthy’ Myth of Factory Built Housing; superiority of systems building Read More

Cavco to announce Second Quarter Fiscal Year 2012 Earnings Release and Webcast review

MHProNews has learned that Cavco Industries, Inc. will release their second quarter 2012 results on November 4th after the close of the market.  Their senior management will discuss the second quarter results in a live webcast the following day, Friday, November 4, 2011 at 12:00 noon Eastern Time.  Cavco Industries …

Cavco to announce Second Quarter Fiscal Year 2012 Earnings Release and Webcast review Read More

Ayote notes changes in vanishing tradition of a manufactured home retirement in Florida

FloridaToday reports that fewer retirees are selling homes up north and are coming to Florida for retirement to live “happily ever after,” said Jim Ayotte, Executive Director of the Florida Manufactured Housing Association and the Manufactured Housing Executives Committee (MHEC) chairman.  “It’s unfortunate that everyone is zoning out mobile homes. …

Ayote notes changes in vanishing tradition of a manufactured home retirement in Florida Read More

Major MH Event draws praise and launches new Video

MHProNews has learned that praise for the new early March show date and support for the Great Southwest Home show continues to grow.  “The Great Southwest Home Show is one of the best investments we make each year. We have fun while we work.” said Mike Harrison, President of QuikBrick. …

Major MH Event draws praise and launches new Video Read More

TX State Exec for the departing Thayer Long’s post?

MHProNews asked DJ Pendleton, the Executive Director for the Texas Manufactured Housing Association (TMHA), to comment about his being approached by MHI’s leadership to fill the role by the departing Thayer Long.  “I was exceptionally flattered to be mentioned as a potential replacement for Thayer, especially after I saw the …

TX State Exec for the departing Thayer Long’s post? Read More

Sparks fly on NFPA Report on Fires and Manufactured Homes: We provide, You decide

  MHProNews has received press releases and statements/reports from and about the National Fire Protection Agency (NFPA) on the topic of fire safety in HUD Code manufactured housing. The differing press releases from MHI and MHARR are closely tied with the subject of fire sprinklers, preemption and the very nature …

Sparks fly on NFPA Report on Fires and Manufactured Homes: We provide, You decide Read More

Palm Harbor Roars, Manufactured Housing out soars, Dow rose on a big day for market gains

CNNMoney reports a nearly 340 point jump in the Dow on the announcement that the European Union had agreed on a debt deal.  The Dow Jones Industrial Average soared +339.44 (+2.86%) to close at 12,876, now in positive territory for the year, at +5.45%. The Yahoo! Finance Manufactured Housing Composite Value …

Palm Harbor Roars, Manufactured Housing out soars, Dow rose on a big day for market gains Read More

The Future of Manufactured Housing News starts this weekend!

The switchover from the current website format of MHProNews.com (a.k.a. MHMSM.com) to the long anticipated new one will begin Saturday evening at 11 PM Central Time.  While many of the changes are technical ones that only a web-pro will notice, regular visitors will see dozens of new features and a …

The Future of Manufactured Housing News starts this weekend! Read More

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