MHProNews

Monday’s Rally Rusts, Stocks Dust, Manufactured Housing tumbles too

By / September 28, 2011 / Manufactured and Modular Housing News

CNNMoney reports that the Dow closed 11,010.90 -179.79 (-1.61%) and off -4.89% year-to-date. The Yahoo! Finance Manufactured Housing  Composite value dropped even harder, closing at 730.6, off -4.28% today. Affiliated Managers Group  79.88 -4.97 (-5.86%), but climbed sharply after the bell. Clayton Homes, Vanderbilt Mortgage and Finance and other Manufactured …

Monday’s Rally Rusts, Stocks Dust, Manufactured Housing tumbles too Read More

Ahead of his time, Frank Lloyd Wright’s American System-Built Homes for sale

By / September 28, 2011 / Manufactured and Modular Housing News

ChicagoTribune reports that fabled Frank Lloyd Wright’s American System-Built Home in south Milwaukee has been placed on the market for sale.  The home is one of six that Wright did as part of his pursuit for affordable housing.  It was made from prefabricated materials that were assembled onsite. The home …

Ahead of his time, Frank Lloyd Wright’s American System-Built Homes for sale Read More

Bill could make private loans in manufactured home land lease communities easier

By / September 28, 2011 / Manufactured and Modular Housing News

Istockanalyst reports that a bill by CA state Senator Jean Fuller could make it easier for residents in land lease communities there to get private money loans. With professionals, buyers and sellers all pointing to a lack of commercial banks in the field, this is seen as important for all …

Bill could make private loans in manufactured home land lease communities easier Read More

Low interest and prices yields maximum home affordability

By / September 28, 2011 / Manufactured and Modular Housing News

Businesswire reports that real estate and investment experts urge prospective homebuyers to purchase a home now as part of a long-term savings and investment solution. In recent reports, the national home affordability index is at its highest levels since 1971. Prices have fallen so far that buying a home appears …

Low interest and prices yields maximum home affordability Read More

Manufactured Home Communities may win on private recycling plan

By / September 28, 2011 / Manufactured and Modular Housing News

NorthFortMyersNeighbor reports that manufactured home communities in Lee county may be allowed to keep their recycling programs in place.  In a recent 3-2 vote, Lee County (FL) Commissioners voted to have staff come back with a revised ordnance that will “grandfather-in” the parks’ way of handling recycling. 23 manufactured home …

Manufactured Home Communities may win on private recycling plan Read More

Governor announces storm shelter rebate offer

By / September 28, 2011 / Manufactured and Modular Housing News

Businessweek reports that Oklahoma Governor Mary Fallin announced a program that could help 500 households in her state receive up to a $2,000 cash rebate for the installation of a qualified tornado shelter.  Using $1 million in federal grant money, the program offers a rebate of up to 75 percent …

Governor announces storm shelter rebate offer Read More

No default pledge boost Dow, Manufactured housing stocks rise

By / September 27, 2011 / Manufactured and Modular Housing News

CNNMoney reports a nice jump in the Dow, on the heels of a pledge for ‘no default’ by Greece.  Market headlines include a tag by millionaires who are urging Warren Buffett to speak for himself and not them on President Obama’s call for higher taxes on the wealthy.  The Dow …

No default pledge boost Dow, Manufactured housing stocks rise Read More

Inspector General’s report tags the FHFA’s handling of GSEs.

By / September 27, 2011 / Manufactured and Modular Housing News

Housingwire reports on a study by The Office of the Inspector General that reveals that the  Federal Housing Finance Agency  (FHFA) lacks the staff to properly monitor the mortgage giants in conservatorship.  The study also indicates the FHFA failed to provide adequate oversight over default services legal issues. The Inspector …

Inspector General’s report tags the FHFA’s handling of GSEs. Read More

Bender MH community sells to developer

By / September 27, 2011 / Manufactured and Modular Housing News

Colorodoan reports that Bender Mobile Home Park has sold to a developer who plans to redevelop the location as single family housing. Located at 912 Wood Street in Fort Collins, CO, the property has 16.7 acres, some two dozen factory built homes and some site built housing structures on it …

Bender MH community sells to developer Read More

Baywatch’s Pam Anderson as your “upwardly mobile” neighbor, 2+2MH Sells for 2 Million Cash

By / September 27, 2011 / Manufactured and Modular Housing News

Curbed, AOLRE and MyWestTexas are among the many to report that the most expensive manufactured home sale of the year has closed in Paradise Cove manufactured home community in Malibu, CA.  The home listed for some 2.5 million and was sold for 2 million dollars –  ‘all cash.’  It is …

Baywatch’s Pam Anderson as your “upwardly mobile” neighbor, 2+2MH Sells for 2 Million Cash Read More

Canadian Solar Decathlon Entry Blends design with cultural sensitivity

By / September 27, 2011 / Manufactured and Modular Housing News

ClearnEnergyAuthority reports that Team Canada’s entry in the 2011 Solar Decathlon in Washington D.C this week uses native cultural design for their solar home. “In Canada, and I’m sure in North America, cultural considerations have been largely left out of the process of building homes, and that omission doesn’t represent …

Canadian Solar Decathlon Entry Blends design with cultural sensitivity Read More

High-End Texas modular builder debut

By / September 27, 2011 / Manufactured and Modular Housing News

MySA reports that American Institute of Architects award winning Lake|Flato Architects has entered the modular/prefabricated home field with a new subsidiary. Lake|Flato Porch House is building Leadership in Energy and Environmental Design (LEED) certified modulars in Navasota TX, near Houston. “What Lake|Flato does particularly well comes into play,” said Lake|Flato architect Bill …

High-End Texas modular builder debut Read More

Exclusive Video Interview with Kevin Clayton, CEO of Clayton Homes, a division of Warren Buffett’s Berkshire Hathaway

By / September 21, 2011 / Manufactured and Modular Housing News

Up close and personal interview with Kevin Clayton, CEO of Clayton Homes, the largest factory built home-builder in the United States and a wholly owned subsidiary of Warren Buffett’s Berkshire Hathaway. For nearly one hour, author Robert Miles interviews Kevin Clayton on this University of Nebraska UNO Televion interview. Miles’ …

Exclusive Video Interview with Kevin Clayton, CEO of Clayton Homes, a division of Warren Buffett’s Berkshire Hathaway Read More

Dow nearing YTD break-even, in day 5 of the uptick, MH mixed

By / September 16, 2011 / Manufactured and Modular Housing News

CNNMoney reports the Dow continued its climb today, closing the week only -.059% below a YTD break even. The Dow Jones Industrial Average closed at 11,509, +75.91 ( +0.66%).  The Yahoo! Finance Manufactured Housing Composite Value declined slightly to 793.7, off -0.34%. Affiliated Managers Group 87.70  +0.19 (+0.22%) . Clayton Homes, Vanderbilt …

Dow nearing YTD break-even, in day 5 of the uptick, MH mixed Read More

Adventure and Granger love Louisville

By / November 29, 2011 / Manufactured and Modular Housing News

Ron Thomas, Sr., Chairman of the  Midwest Manufactured Housing Federation (MMHF), said: “I’m happy to tell you the Louisville Show is scheduled for January 11, 12, and 13.  Everyone I talk to is very pleased the show is moving forward in 2012.”  As if to underscore Thomas’ point, Wally Comer, …

Adventure and Granger love Louisville Read More

First Nation flood victims looking to modular homes solution

By / September 15, 2011 / Manufactured and Modular Housing News

CBCNews reports that flood evacuees from the Lake St. Martin First Nation in Manitoba band officials are in talks towards establishing a temporary village to call home.  Around 700 Lake St. Martin residents have been living in Winnipeg hotels since May, when they were evacuated from their reserve due to …

First Nation flood victims looking to modular homes solution Read More

Flooded factory home builder calls it quits

By / September 15, 2011 / Manufactured and Modular Housing News

WNEP reports that Tropical Storm Lee caused flooding put a Pine Grove, PA factory home builder’s plant out of business.   Flood waters ruined almost everything at Pine Grove Manufactured Homes in Schuylkill County. Long-time employees said managers have told them the flood forced the factory to close. “They told us …

Flooded factory home builder calls it quits Read More

August defaults up 33%, Foreclosure wave rising

By / September 15, 2011 / Manufactured and Modular Housing News

Yahoo!Finance reports a new wave of foreclosure is expected, as the number of  U.S. homes that received an initial default notice – the first step in the foreclosure process – jumped 33 percent in August from July, per RealtyTrac. “This is really the first time we’ve seen a significant increase …

August defaults up 33%, Foreclosure wave rising Read More

Emotions heat over plan to place ‘mobile home’ near traditional houses

By / September 15, 2011 / Manufactured and Modular Housing News

Isurfwebster reports that Malcolm Coffman approached the Dixon City Commission to request a moratorium on the issuance of building permits while working to enact zoning laws to prevent “mobile homes” from being set up in neighborhoods with high-value traditional houses.  Coffman owns a conventional house with a reported value of …

Emotions heat over plan to place ‘mobile home’ near traditional houses Read More

Most Euro markets Rise, Dow and MH rises too

By / September 15, 2011 / Manufactured and Modular Housing News

CNNMoney reports that most European markets rallied as hopes continue for a deal to save debt-plagued Greece.  The Dow rose 11,433.18 +186.45 ( +1.66%)., with a year to date loss of  -1.25%.  The Yahoo! Finance Manufactured Housing Composite Value closed at  796.4, up +3.89%. Affiliated Managers Group 86.30 + 2.80 (+3.31%), but …

Most Euro markets Rise, Dow and MH rises too Read More

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