Author name: MHProNews

Alpha Touts Manufactured Home Communities for Healthy Boomers are Becoming Hot Investments

By / / Manufactured and Modular Housing News

Think that investing in a “senior” community means assisted living or nursing care? Think again. Many of today’s seniors are fit and healthy and living an active lifestyle. Many live in country-club-like manufactured home communities (MHCs) that feature pools, fitness facilities, game rooms, shuffle board, and assorted other amenities that […]

Alpha Touts Manufactured Home Communities for Healthy Boomers are Becoming Hot Investments Read More

FHFA’s Conservatorship of GSE brings charges of Illegalities and Strong Criticism

By / / Manufactured and Modular Housing News

Many people in businesses related to the U.S. housing industry feel that reform of U.S. housing finance is essential to avoiding another financial crisis. In an article published in American Banker, former FDIC counsel Michael H. Krimminger said that the Government Sponsored Enterprises (GSEs), Fannie Mae and Freddie Mac, remain

FHFA’s Conservatorship of GSE brings charges of Illegalities and Strong Criticism Read More

San Fran going MOD…modular building poised to help area’s housing

By / / Manufactured and Modular Housing News

San Francisco, California is about to discover the benefits of modular housing. The need for new housing in that area is acute and rents are increasing rapidly due to scarcity of housing units. Fortunately, several new modular projects are in the works that will help to alleviate this situation. San

San Fran going MOD…modular building poised to help area’s housing Read More

SKY Rises! Christmas Early, Yellin’s Gift Keeps Giving, 3 Year-Best Day Record

By / / Manufactured and Modular Housing News

Skyline Corp. out performed the broader markets today. Manufactured home communities and building generally did well too. CBS News  called Yellin’s announcement yesterday a holiday gift. Well, investors jumped at that present and the Dow had its best single day in 3 years, with the best 2 days all year

SKY Rises! Christmas Early, Yellin’s Gift Keeps Giving, 3 Year-Best Day Record Read More

Skyrocketing Rents are Creating Opportunities for Manufactured Housing

By / / Manufactured and Modular Housing News

In most major U.S. housing markets, owning a home has become even cheaper than renting one. Trulia’s Chief Economist, Jed Kolko tells MHProNews  their research has found that buying is 38 percent cheaper than renting in all of the 100 largest metropolitan areas. This study took into account all costs associated

Skyrocketing Rents are Creating Opportunities for Manufactured Housing Read More

IBTS Appointed to HUD Manufactured Housing Dispute Resolution Program

By / / Manufactured and Modular Housing News

The Institute for Building Technology and Safety (IBTS) announced this week their appointment to HUD’s Manufactured Home Dispute Resolution Program. Through the program, IBTS will enable citizens to exercise their rights related to manufactured home quality issues. On October 7, 2014, IBTS, principal subcontractor to the Savan Group, LLC, participated

IBTS Appointed to HUD Manufactured Housing Dispute Resolution Program Read More

32 Million not enough? MHC Residents Lose Battle to Remain or Collect

By / / Manufactured and Modular Housing News

Residents of the De Anza Cove Mobile Home Park at Mission Bay in San Diego, California, are preparing to move on. According to a report on SanDiego6, a $32 million settlement was reached for a legal dispute lasting 35 years between residents and the City of San Diego.  City officials

32 Million not enough? MHC Residents Lose Battle to Remain or Collect Read More

Manufactured Home Community Operator sees value in helping Millennials become Homeowners

By / / Manufactured and Modular Housing News

A segment of the population that’s resisted home ownership in significant numbers are the Millennials. These adults under 35 offer a potential 8.3 million new millennial households formed between now and the end of 2018, says the Demand Institute. Many millennials are renting, which manufactured home community operator Ascentia says

Manufactured Home Community Operator sees value in helping Millennials become Homeowners Read More

Nobility Leaps! Yellin’s Tellin’ – Cheap Oil, Low Rates, Keep Sellin’!

By / / Manufactured and Modular Housing News

Tracked manufactured housing related stocks advanced broadly in trading today. Federal Reserve Chair Janet Yellin suggests that rates will not rise rapidly and cheap oil is good for America, so the markets rose anew.   Sony may be getting the next whammy from what could be a blast of cyber-economic

Nobility Leaps! Yellin’s Tellin’ – Cheap Oil, Low Rates, Keep Sellin’! Read More

With Oil Prices still Falling, what’s the outlook and impact on Manufactured Housing?

By / / Manufactured and Modular Housing News

Fracking related sales of manufactured homes and factory-built workforce housing is important in states such as TX, ND, OK, LA, OH and PA. There are mixed thoughts from sources on what the foreseeable economic impact on drilling activities may be from sliding oil prices. According to a December 16, 2014,

With Oil Prices still Falling, what’s the outlook and impact on Manufactured Housing? Read More

County Takes Action to Collect Tax Revenues on Manufactured Housing

By / / Manufactured and Modular Housing News

The Luna County government in Deming, New Mexico, says they’ve been losing revenue when manufactured homes are moved by owners without paying taxes on their homes. The town of 14,855, with some 25,000 residents in the entire country, is located 33 miles from the Mexican border. They estimate losing approximately

County Takes Action to Collect Tax Revenues on Manufactured Housing Read More

Most Manufactured Home Community Stocks Rise with MH Composite, Big Oil still dampens Dow

By / / Manufactured and Modular Housing News

Most MH Community stocks rose today, as did the Manufactured Housing Composite Index and most MH suppliers. Oil struggled with a rebound that fluttered and fizzled. Russia’s oil and currency woes are so under assault that Apple suspend the online sales of their products there.  Today’s trade results at the

Most Manufactured Home Community Stocks Rise with MH Composite, Big Oil still dampens Dow Read More

Manufactured Home Communities REIT Produces Significant Income in 2014

By / / Manufactured and Modular Housing News

ChicagoBusiness   reports that Chairman Sam Zell’s Equity Lifestyle Properties is the third most prosperous Real Estate Investment Trust (REIT) in Chicago. It seems that shares in the company have returned 42.5 percent this year, largely because of rising occupancies and rents and lower-than-expected expenses.  The company boasts a 92 percent

Manufactured Home Communities REIT Produces Significant Income in 2014 Read More

Best Housing News in 10 years: Good News or Wishful Thinking?

By / / Manufactured and Modular Housing News

According to Chris Matthews writing in Fortune, “Homebuilders just got the best news in nearly a decade.” His claim is based on the fact that Neil Dutta, head of economics at Renaissance Macro Research, pointed out to clients in a note on Thursday that “household formations in 2014 through September

Best Housing News in 10 years: Good News or Wishful Thinking? Read More

Rising Manufactured Housing Composite Value Outperforms markets, Russian Ruble tumbles 12%

By / / Manufactured and Modular Housing News

The good news is that manufactured housing related stocks tracked rose today, while the 3 major U.S. markets continued their downward trend. As Russia slides toward economic woes tied to their oil-and-gas-dependent economy, CNN Money  says that purchases by Putin’s Russian government of military equipment is on the rise. Today’s

Rising Manufactured Housing Composite Value Outperforms markets, Russian Ruble tumbles 12% Read More

Tastes in Housing Reflect Changing Lifestyles, can Manufactured Housing businesses benefit?

By / / Manufactured and Modular Housing News

The trend in building a “dream” house or buying a luxury home with lots of square footage has changed for some as people adapt to decreasing incomes and uncertainty about employment. Frugality is becoming a virtue, and smaller homes are being chosen for their low cost, low taxes and upkeep,

Tastes in Housing Reflect Changing Lifestyles, can Manufactured Housing businesses benefit? Read More

Proposed Changes to Dodd-Frank in New Federal Budget Offers Hope to Manufactured Housing Industry

By / / Manufactured and Modular Housing News

For awhile, it seemed doubtful that any changes to the Dodd-Frank bill governing financing for residential or manufactured housing (MH) might pass. Now, there seems to be a ray of hope for the MH industry. The evidence is a rider attached to the 2015 federal budget passed late on the

Proposed Changes to Dodd-Frank in New Federal Budget Offers Hope to Manufactured Housing Industry Read More

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