MHProNews

New York Times reports Long Island “Mobile Home Park” resales command $1 Million

By / August 28, 2014 / Manufactured and Modular Housing News

It isn’t just Aspen, Colorado or Malibu, California that one sees 7 figure sales involving manufactured homes in ‘mobile home parks.’ The New York Times  reports to MHProNews  that living-in or getaways-to Montauk Shores manufactured home community on the East End of Long Island has been enjoyed by celebrities such as Andy Warhol and Dick Cavett. Montauk Shores’ Mr. Alpha Doughan …

New York Times reports Long Island “Mobile Home Park” resales command $1 Million Read More

TV ad buys down, Online Digital Media Up, Marketers say

By / August 28, 2014 / Manufactured and Modular Housing News

In a trend with implications for manufactured homes and other housing marketers, the U.S. TV industry has seen its first big drop in ad buys since the great recession of 2009. More is being allocated to internet based strategies, FT  tells MHProNews. The Wall Street Journal has previously reported on this …

TV ad buys down, Online Digital Media Up, Marketers say Read More

“What Recovery?” Unemployed ask Federal Reserve at posh Jackson Hole conference

By / August 28, 2014 / Manufactured and Modular Housing News

  Unemployment is a factor in home purchases that industry leaders such as Cavco Industries Chairman and CEO, Joe Stegmayer, cites as a reason for the current level of home buying. While millions have reportedly given up on finding work, others have taken their case public, with a recent example …

“What Recovery?” Unemployed ask Federal Reserve at posh Jackson Hole conference Read More

Nimby Leading Loss of Affordable Housing? County buys MHC to close it

By / August 28, 2014 / Manufactured and Modular Housing News

De Kalb County, Illinois purchased to close “flood prone” Evergreen Village Mobile Home Park in Sycamore, the Daily Chronicle tells MHProNews. “I don’t have much of a choice, because we’re in a flood plain and I can’t fix houses,” the property owner, Frank Santoro said. “I have to accept what …

Nimby Leading Loss of Affordable Housing? County buys MHC to close it Read More

Heckaman Homes – A+ with BBB – celebrates 45 years and 20,000+ systems built homes

By / August 28, 2014 / Manufactured and Modular Housing News

Founded in 1969, Nappanee, Indiana based systems builder, Heckaman Homes has surpassed the 20,000 homes produced milestone. Rated A+ by the local Better Business Bureau (BBB), Heckaman was purchased by Craftech Building Systems Inc. in 1986. President John Mahnken “Started on the production line 25 years ago,” says Jeff Tanner, …

Heckaman Homes – A+ with BBB – celebrates 45 years and 20,000+ systems built homes Read More

U.S. Markets Down, Skyline leads gainers while MH Composite slides

By / August 27, 2014 / Manufactured and Modular Housing News

Twitter’s CEO sounded off on Snapchat’s 10 billion dollar valuation not being “absurd,” on a day that saw a modest retreat in U.S. exchanges. Dow 17,102.31 -4.39 (-0.03%). Nasdaq 4,564.85 -5.79 (-0.13%). S&P 500 1,997.83 -2.19 (-0.11%). Yahoo! Finance’s Manufactured Housing Composite Value: 848.7, today’s change: -0.63%. Affiliated Managers Group …

U.S. Markets Down, Skyline leads gainers while MH Composite slides Read More

CNBC says 5 to 6 Million Renting Should Own – Affordability = Credit Access, Rates & Price

By / August 27, 2014 / Manufactured and Modular Housing News

Tim Rood with the Collingwood Group was part of a CNBC discussion that pointed to factors that manufactured home professionals relate to: the many – and often competing – dynamics that cause someone to buy a home or stay in a rental. Elements such as price and interest rates, CNBC’s …

CNBC says 5 to 6 Million Renting Should Own – Affordability = Credit Access, Rates & Price Read More

Mobile Home Energy Makeover Contest Winner, Timely Tips

By / August 27, 2014 / Manufactured and Modular Housing News

Manufactured home owner Connie Jeffries, a home health aid and member of Petit Jean Electric Cooperative, won an energy efficiency makeover for her house, ECT Coop tells MHProNews. “They’ve already installed the new roof, windows, water heater, patio door and the geothermal heat pump system,” Jefferies said. “My son has …

Mobile Home Energy Makeover Contest Winner, Timely Tips Read More

Canadian Housing experts divided – soft landing or continued house price growth?

By / August 26, 2014 / Manufactured and Modular Housing News

Teranet-National house price index continued to rise in July. The index tracks single family home sales in 11 major cities, and is up 4.9% year over year and 4.1% year to date. “On the same day, the Canada Mortgage and Housing Corporation [CMHC] predicted the Canadian housing market would experience …

Canadian Housing experts divided – soft landing or continued house price growth? Read More

Market & Tech Talk – iPhone 6 & Housing Hot, Best Buy, Not

By / August 26, 2014 / Manufactured and Modular Housing News

Two weeks to the expected release date of the iPhone 6, and the shake, rattle and (death?) roll of Best Buy were among the headline grabbers that Marketwatch  touts to MHProNews. Housing is widely seen as looking up, and so went the markets overall today too. Dow 17,124.63 +47.76 +0.28%. …

Market & Tech Talk – iPhone 6 & Housing Hot, Best Buy, Not Read More

Boomers are Zoomers, Kevin Clayton says in latest PR Image Campaign announcement

By / August 26, 2014 / Manufactured and Modular Housing News

“Our customer research has revealed to us that this generation wants a home designed for entertaining and hobbies,” Kevin Clayton, CEO of Clayton Homes, says to MHProNews. “In fact, contrary to what some might think, this generation of retirees is very active and social. That is why they are referred …

Boomers are Zoomers, Kevin Clayton says in latest PR Image Campaign announcement Read More

Triangle Investor Doubles Manufactured Home Community Portfolio, buying 4 MHCs

By / August 26, 2014 / Manufactured and Modular Housing News

Cary NC based Affordable Communities Group (ACG) president Mike Conlon announced they have purchased 4 more manufactured home communities (MHCs). ACG has bought 16 land lease communities so far in 2014, totaling 1,700 total home sites, bizjournals  tells MHProNews. “What has happened is that a lot of park owners are …

Triangle Investor Doubles Manufactured Home Community Portfolio, buying 4 MHCs Read More

Rand Ghayad’s HuffPo OpEd questions Dodd-Frank factor in Lower U.S. Employment

By / August 25, 2014 / Manufactured and Modular Housing News

Rand Ghayad, PhD, questions which is adding to the depressed U.S. labor market more, regulations or a lack of demand for goods and services? Writing in the Huffington Post, Dr. Ghayad cites Bureau of Labor Statistics (BLS) figures pointing to only 0.3 loss due to “government regulations/intervention,” vs. “25 percent …

Rand Ghayad’s HuffPo OpEd questions Dodd-Frank factor in Lower U.S. Employment Read More

China-based international HomeBuilder Targets U.S. with $1,000,0000,000 in Projects

By / August 26, 2014 / Manufactured and Modular Housing News

Landsea Group Co. Ltd. announced investments of more than $1 billion in the U.S. housing market over the next several years, NassauNewsLive tells MHProNews. The first projects will begin with residential developments in three of our nation’s largest housing markets: New York, Los Angeles and San Francisco. To highlight the company’s entry into the U.S., …

China-based international HomeBuilder Targets U.S. with $1,000,0000,000 in Projects Read More

InvestorPlace says sell AMG, GFIG and TAXI

By / August 25, 2014 / Manufactured and Modular Housing News

  This week, Affiliated Managers Group, Inc. (AMG) drops from a C (a hold) to a D (sell) rating, says InvestorPlace to MHProNews. Affiliated Managers operates as an asset management company providing investment management services to mutual funds, institutional clients, and high net worth individuals in the United States. AMG’s stock has …

InvestorPlace says sell AMG, GFIG and TAXI Read More

Sales of SF New Homes hit 4 month low, Manufactured Housing Composite edges up

By / August 26, 2014 / Manufactured and Modular Housing News

MarketWatch tells MHProNews that sales pace of new single-family homes fell to a four-month low in July, missing analysts’ estimates. The Dow closed up, the S&P 500 hit an all time high of 2000 before retreating. DOW 17,079.98 +78.76 +0.46%. NASDAQ 4,557.35 +18.80 +0.41%. S&P 500 1,998.28 +9.88 +0.49%. The …

Sales of SF New Homes hit 4 month low, Manufactured Housing Composite edges up Read More

WCTrib Says Improvements Appreciated by Manufactured Home Community Residents

By / August 25, 2014 / Manufactured and Modular Housing News

Evictions of problematic residents and the removal of dilapidated homes are among the valued improvements the Churchill Group of Carbondale, Colorado have made at the Regency East and West manufactured home communities (MHCs) in Willmar, MN. “We’ve gotten rid of a lot of the (problematic) people that the former manager …

WCTrib Says Improvements Appreciated by Manufactured Home Community Residents Read More

NAHB and MHARR agree, even $1000 price increase Reduces potential Home Buyers

By / August 25, 2014 / Manufactured and Modular Housing News

The National Association of Home Builders (NAHB) released a study, cited by MHARR, that points to the fact that every $1,000 in price increase on a home decreases the number of potential home buyers by some 200,000 nationally. The study opens with the statement, “One of the often overlooked impacts …

NAHB and MHARR agree, even $1000 price increase Reduces potential Home Buyers Read More

$1,000,000,000+ Property Damage in North Bay Earthquake, most Manufactured Homes Survive

By / August 25, 2014 / Manufactured and Modular Housing News

The north bay area, near Napa, CA was rocked Sunday August 24 by a 6.0 magnitude earth quake, followed by over 50 aftershocks. NBC Bay Area TV’s Vicky Nguyen tells MHProNews that some 33 buildings were red tagged by inspectors in Napa, while newer and more earth quake resistant city …

$1,000,000,000+ Property Damage in North Bay Earthquake, most Manufactured Homes Survive Read More

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