Author name: MHProNews

Congressmen Stutzman and Walorski backing bill distancing RVs from Manufactured Housing definitions

Congressmen Marlin Stutzman (R-3 IN) and Jackie Walorski (R-2nd IN) announced Thursday October 9th legislation they’ve introduced legislation aimed preventing recreational vehicles from being regulated as manufactured housing. Brian Francisco at the Fort Wayne Journal Gazette tells MHProNews that the RV industry is seeking to avoid “restrictive taxing, zoning and […]

Congressmen Stutzman and Walorski backing bill distancing RVs from Manufactured Housing definitions Read More

HUD’s Pam Danner draws robust welcome during address at FMHA annual event

Florida Manufactured Housing Association (FMHA) President Cyndi King introduced the federal Housing and Urban Development (HUD) Manufactured Housing Program director – Pam Beck Danner, JD – to the FMHA’s packed 2014 annual meeting in Orlando on 10.8.2014. Danner described the busy 6 months she’s had at HUD, which included no

HUD’s Pam Danner draws robust welcome during address at FMHA annual event Read More

12 Million MH Community deal in Rio Grande Valley

Parkbridge Capital Group, LLC manager Lee Meekcoms, whose name is already well established in the real estate industry, led the closing of a $12,000,000 transaction between a private investor from Florida and Paradise Park in the McAllen-Pharr area of the Rio Grande Valley of Texas. Clearwater FL based Parkbridge specializes

12 Million MH Community deal in Rio Grande Valley Read More

Canadians Mini-Dwellings – Video Report – on north-of-the-border Tiny House Movement

Global News tells MHProNews how her tiny house has changed Lydia Holden’s way of life. With just a little over 100 square feet to live in, the 24 year-old has found an affordable way to become a home-owner. Lydia paid “only” $30,000 for her 136 square foot home. The tiny

Canadians Mini-Dwellings – Video Report – on north-of-the-border Tiny House Movement Read More

CFPB Plans Regulations of Auto Lenders, Leasing Contracts too

In a move that should be monitored by Manufactured Housing (MH) Industry professionals; the Consumer Financial Protection Bureau (CFPB) has published in the Federal Register a proposed rule that could go into effect before the end of 2014, Jim Henry at Automotive News (AN) tells MHProNews. “The cost of compliance

CFPB Plans Regulations of Auto Lenders, Leasing Contracts too Read More

Times’ Talton tells housing affordability woes with two tables

Jon Talton at the Seattle Times shares his take on the housing affordability challenge with MHProNews that could be summed up with this quote: “In other words, housing is less affordable because most American workers are making less.” Talton notes that some areas on the West Coast have “crazy high

Times’ Talton tells housing affordability woes with two tables Read More

The “Preeminent” Manufactured Housing Industry Professionals News Source

For-the-record comments and ‘quotable-quotes’ continue to be sent to MHProNews in anticipation of the 5th Anniversary celebration in October. Here is a sneak peak at one of the growing number of kind comments already in hand. “Over the past 5 years, MHProNews and its family of websites has grown to

The “Preeminent” Manufactured Housing Industry Professionals News Source Read More

Manufactured Housing Institute announces Executive Committee election results

The Manufactured Housing Institute (MHI) has announced the election of their new officers, which took place during their annual meeting at Scottsdale, AZ 9-15-2014.   The executive committee officers are; Nathan Smith (SSK Communities), Chairman.   Tim Williams (21st Mortgage), Vice Chairman.  Howard Walker (ELS), Treasurer.  Kevin Clayton (Clayton Homes), Secretary.

Manufactured Housing Institute announces Executive Committee election results Read More

The Big 5 Point 0 Rapidly Approaching

 In anticipation of the 5th anniversary celebration of MHProNew’s service to the factory-built housing industry, Howard Walker, Vice-Chairman of Equity Lifestyle Properties (ELS), sent this message with his okay to quote: “The emergence of Tony Kovach’s group of publications has brought a new standard of professionalism to the industry. The

The Big 5 Point 0 Rapidly Approaching Read More

Hoarding along with dozens of cats found at home in MHC

“Is there an unwritten rule that every third MHCommunity has someone who hoards and/or has a bunch of cats?” quipped manufactured home industry consultant and publisher, L. A. “Tony” Kovach. The comment flowed from the discovery of dozens of cats seized from the Niagara Mobile Home Park in Newfane, NY.

Hoarding along with dozens of cats found at home in MHC Read More

William ‘Bill’ Steenberg, Award winning Steenberg Homes founder, Passage

William “Bill” Steenberg died Sunday, August 24, 2014, in Ft. Myers Beach, Florida, after a short, courageous battle with cancer. His fiance Wendy was by his side when he passed away. Bill’s children, Julie, Shelly, and Jeffrey and his granddaughter, Miranda, visited a couple weeks earlier in Florida.  Bill founded

William ‘Bill’ Steenberg, Award winning Steenberg Homes founder, Passage Read More

Equity LifeStyle’s stock hit record high as August ends

The glow of investors and commentary for Equity LifeStyle Properties Inc. (NYSE:ELS) hit a peak as August drew to a close. ELS witnessed the stock hitting a record high on Friday. The stock traded as high as $45.81, up 39 cents from yesterday’s record closing price of $45.42. The Street, Trade-Ideas 

Equity LifeStyle’s stock hit record high as August ends Read More

INC names mancamp provider Reliant Asset Management 3rd fastest growing private business

Barry Roman is the co-founder of Reliant Asset Management, a provider of mancamps in ND, Texas, Canada and other high demand housing markets. Roman says his modular building company’s revenues rose 55,000 percent in three years, to just over $85 million. Inc Magazine named Reliant to their annual list of high

INC names mancamp provider Reliant Asset Management 3rd fastest growing private business Read More

Manufactured Housing Stocks Rising before Labor Day Weekend

The Dow slipped, while other U.S. exchanges rose and most tracked stocks went up in advance of the Labor Day weekend. Dow 17,063.88 -15.69 (-0.09%). Nasdaq 4,572.95 +15.25 (+0.33%). S&P 500 1,999.93 +3.19 (+0.16%). Yahoo! Finance’s Manufactured Housing Composite Value: 831.1. Today’s Change: +0.12%. Affiliated Managers Group (AMG) $210.97 +0.69

Manufactured Housing Stocks Rising before Labor Day Weekend Read More

Judge says MH class-action lawsuit heading for trial

Following up on our previous report on Moscow, Idaho’s Syringa Mobile Home Park legal fracas, Latah County 2nd District Judge John R. Stegner has told attorney’s representing community owner Magar E. Magar and roughly 140 residents that the case is heading to trial to settle the claims and damages. Elizabeth

Judge says MH class-action lawsuit heading for trial Read More

Allegations of Flooded, Fixed, Flipped ‘Mobile Homes’ hit state, international news

The City of Federal Heights is changing building inspection rules in response to a televised investigation in a manufactured home community by 9Wants to Know, exposing safety concerns when flooded “mobile homes are resold to unsuspecting families,” NassauNewsLives tells MHProNews. Hundreds of flood damaged homes were sold rather than scraped.

Allegations of Flooded, Fixed, Flipped ‘Mobile Homes’ hit state, international news Read More

Freddie Mac’s new Manufactured Housing finance program orignated by Walker & Dunlop

The new Freddie Mac manufactured housing community (MHC) finance program announced last spring has been originated by Walker & Dunlop (W&D). The loan was for $10.5 million on Longhaven Estates, an MHC in Phoenix, AZ. The financing was secured for Cobblestone Real Estate, LLC, based in Oak Brook, IL, and

Freddie Mac’s new Manufactured Housing finance program orignated by Walker & Dunlop Read More

Canadians Investing Large in U.S. Housing Markets

“In the U.S., given the affordability and the fact that prices in the suburbs went down more significantly than in the cities you will see more and more options and opportunities outside big cities,” said Benjamin Tal, Canadian Imperial Bank of Commerce (CIBC) analyst. With Canadian markets hot – and

Canadians Investing Large in U.S. Housing Markets Read More

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