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, 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
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
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
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
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
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
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
Joe Kelly at the Iowa Manufactured Housing Association and the Press-Citizen tell MHProNews about the death of longtime Iowa City resident, Robert H. “Bob” Wolf, at 75. Wolf died Monday, August 18, 2014 at the Mercy Hospice. The son of Herman and Ilene Wolf, Robert H. Wolf was born September
Robert “Bob” Wolf passes, R.I.P. Read More
David Tonna, President of the Silicon Valley Association of Realtors (SILVAR), is on a mission to educate today’s home buyers, MercuryNews tells MHProNews. Some 90% of all home buyers begin their home shopping online. Most search for a property for 6 months before they contact a real estate agent. But
SILVAR President Tonna says Internet, Education key for Today’s Home Buyers Read More
Analyzing data released by the U.S. Census Bureau and the Department of Housing and Urban Development (HUD), total U.S. housing starts in July advanced at the rate Seasonally Adjusted Annual Rate (SAAR) of 1.093 million units. ReedConstructionData noted to MHProNews that this is the second highest level since November 2007
Big Houses Soar, MH Snore? Read More
U.S. stocks slipped amid Ukraine-Russian woes. Marketwatch tells MHProNews that investors shrugged over a “balanced speech” by Federal Reserve Chairwoman, Janet Yellen. The S&P 500 SPX, -0.01% slipped by 1 point, or less than 0.1%, to 1,991, while the Dow Jones Industrial Average DJIA, -0.04% shed 10 points, also less
Yellen Didn’t Help Markets; Yahoo Manufactured Housing Composite Value Rises, Dow Slips Read More
Mark Brunner at the Manufactured and Modular Housing Association of Minnesota (MMHAMN) tells MHProNews that the All Parks Alliance for Change (APAC) is lobbying Congress to oppose The Preserving Access to Manufactured Housing Act (HR 1779). Brunner says APAC has sent out the following call-to-action statement to their members. “House
Clearwater (FL) Housing Authority will begin repairs on two single family houses and a building that will be used for multi-family housing use, that should be ready next year for low-income households. Jacqueline Rivera, the housing authority’s CEO, and Deborah Woodard, chairwoman of the housing authority board, said clean up
Residential Eyesores to be Renovated with Federal/Local Tax Dollars for Affordable Housing Read More
“We obviously … have to have more affordable housing,” Nikki Brennan, executive director of the Georgetown Housing Authority, said. “I think [the need is] pretty much all over Williamson County [WilCo]” ImpactNews tells MHProNews that WilCo has some 500 people on the public housing waiting list, and more than 600
Affordable Housing Irony – hundreds on WilCo waiting list – near MH Production Centers Read More
Residents of Syringa Mobile Home Park near Moscow-Pullman, Idaho have been in a struggle that bubbled up over their need for drinkable water and other issues. This began last winter, and resident Doris Carlson told KREM News that “I have wept an awful lot because I am tired of living
“From Moscow, with Love?” Lawsuit advances against Manufactured Home Community Owner Read More
Amy Tierce, writing in the NationalMortgageNews, tells MHProNews that the CFPB’s website gives an answer to the question, What’s the Difference between being pre-qualified and pre-approved for a mortgage? but that the CFPB’s answer is not, Tierce says, “the full story.” Some lenders have decided, she says, to “not issue pre-approval letters due
CFPB: What’s the difference between being pre-qualified and pre-approved for a loan? Read More
There are almost 6 months to go before the start of the 2015 Louisville Manufactured Housing Show, and booth space and manufacturers exhibit space is approaching a sell out. MHProNews has learned there will be 2 new factory builders planning for the 2015 event, and apparently all the current manufactured
Louisville Show is Approaching a Sell-Out Read More
“Regarding this previous portion of the test, IBHS indicated: “When one of these high wind-rated HUD-Code homes is installed on a permanent foundation, in most of the country, it would end up resisting wind storms better than surrounding site-built homes.” So stated a MHI President and CEO, Richard “Dick” Jennison
John Adams was the second U.S. President, and writing to his wife Abigail about the Fourth (4th) of July, said: “I believe that it will be celebrated by succeeding generations as the great anniversary festival.” “It ought to be celebrated by pomp and parade, with shows, games, sports, guns, bells,
John Adams on the Fourth of July Read More
