Two public hearings will be held by Eddy County in far southeast New Mexico for public comment on the new Manufactured Home Placement Permit Ordinance, the first one Wed., June 29, at 5:30 in the Eddy County North Road Dept. The ordinance establishes permits and regulations, particularly dealing with joining …
NM County Sets Hearings on Manufactured Home Siting Read More
Avon Park’s (Fla.) Planning and Zoning board is expected to issue final approval of a proposed 509 home site, age-restricted manufactured home community (MHC) in central Florida on 134 acres of former citrus land, as highlandstoday tells MHProNews. The proposed site is just east of Avon Park’s Crystal Lake Club, …
In the news from CNNMoney: 71 percent of Americans think the economy is “rigged.” U. S. economic outlook dims in wake of Brexit. Volkswagen agrees to $14,7 billion settlement. Kellogg’s is opening a cereal cafe in Manhattan. World’s largest uncut diamond up for sale. NASA tests the rocket booster that …
Skyline Corp. Bumps up +9.95 Percent, as Deer Valley Plummets -30.00 Percent Read More
MHProNews has learned from The Wall Street Journal that Singapore’s sovereign wealth fund, GIC, is in talks to acquire Denver-based YES! Communities from private-equity firm Stockbridge Capital Group for over $2 billion. Spurred by investors who are seeking to find sources of higher yield in a world of low interest …
Singapore Investors Turn Sights on Yes! Communities for $2B+ Read More
With Dodd-Frank, financing and CFPB related issues routinely on the minds of manufactured housing industry professionals, The Daily Business News has learned from American Banking News the following report on the Manufactured Housing Institute (MHI), which is made available below. “The Manufactured Housing Institute has been leading the campaign to bring more …
American Banking News – Key MHI Staff “Excoriated” for Failing Their Mission, Members Read More
A group of eminent economic scholars, Nobel Prize winners and former senior economic policy officials all signed on to the Financial CHOICE Act, designed to reform Dodd-Frank, and released the following statement: “We support the reform principles that underlie the proposed Financial CHOICE Act which promote higher economic growth without …
Mary McBrady, executive director of the Massachusetts Manufactured Housing Association (MMHA), noting the shortage of mid-priced housing in Mass., and a plethora of schools and researchers interested in housing policy within the state, says, “We, as an industry, need to be part of that conversation and dialogue.” As in many …
MHLivingNews says Massachusetts is Smacked with Shortage of Mid-range Homes Read More
In the news from CNNMoney: UK loses perfect AAA rating. Blacks still far behind whites in income, wealth. Mike Huckabee has to pay $25,000 for playing “Eye of the Tiger” song by band Survivor at a rally without permission. New submarine can go 20,000 feet deep. London banks will pay …
Deer Valley Skyrockets, while Dow Drops -290 Points, NASDAQ Falls -2.41% Read More
What’s New in public focused Manufactured HomeLivingNews.com Entry Level v Residential Style Manufactured Homes, Modular Homes and MH Appraisals – Tom Papszycki, Arrowhead Homes – Inside What’s New in Manufactured Housing Industry Professional News Louisiana Approves 336 home site MH community. Polish modular builder marketing in Sweden. Oregon legislator tryhing …
Sunday Morning Recap-Manufactured Housing Industry News June 19-June 26, 2016 Read More
MHProNews has learned from prnewswire that manufactured home community (MHC) owner UMH Properties, Inc. (NYSE:UMH) will hold its 2nd quarter 2016 financial results webcast and conference call Fri., Aug. 5, 2016 at 10:00 AM eastern time. Senior management will assess the results, current market conditions and future outlook. UMH’s second …
UMH Properties to Release, Discuss Q2 2016 Financials Read More
According to what RealtyTrac tells MHProNews, their Home Affordability Index indicates housing markets were less affordable than their historic norms in 18 percent of counties nationwide for the 2nd quarter. In the first quarter only five percent of counties were less affordable than their historically normal levels, having risen 13 …
The sale of new homes fell six percent in May, 2016 to a seasonally-adjusted annual rate of 551,000 homes, according to the Department of Housing and Urban Development (HUD) and the Census Bureau, but 8.7 percent above May, 2015 sales. “New home sales are up relative to the first few …
New Home Sales Fall in May but Remain above May 2015 Read More
In the news from CNNMoney: In the wake of the vote by great Britain to leave the EU, Millennials are clamoring, “You’ve stolen our future.” Other EU countries are discussing having their own referendum. EU is a large trading partner with China and the U. S. Barnes and Noble to …
Dow Plummets 610 Points; Most MH-related Stocks Drop, led by AMG Read More
President Jan Mikoluszko of Poland’s modular builder Unibep said the company is pulling out of Germany and ending its presence in Russia as well because “there is no space for foreign general contractors.” The company will now turn its attention to entering the Swedish market, as wbj.pl tells MHProNews. Mikoluszko …
In a video interview at REITWeek 2016:NAREIT’s Investor Forum, Sam Landy, President and CEO of UMH Properties, Inc. (NYSE:UMH), commenting on the 31 percent increase in core funds from operations (FFO) in Q1 2016, said: “It’s what we have been planning going back about six years when we started doing …
Freddie Mac may Finance Rental-only Community for UMH Read More
In the news from CNNMoney: Dow rises as investors bet Great Britain will remain in the EU. Google’s new robot can wash dishes. NFL and Cirque du Soleil are teaming up. OPEC oil revenue falls to 10-year low. Zika vaccine makers stock is on fire. Asian millionaires ow the wealthiest …
UFPI Gains 4.51 percent; MHCV Advances 2.36 Percent Read More
A new report from the Harvard University Joint Center for Housing Studies indicates home ownership rates have fallen over the last ten years to 63.7 percent, as Millennials continue living in their parents’ basements or are renting. MHProNews has leaned from washingtontimes that 36.4 percent of U.S. households opted to …
Family Formation May Increase but Homeownership May Not Read More
Manufactured home producer Fleetwood Corp. in Western Australia has entered into a five-year agreement with NLV Group (National Lifestyle Villages) to supply them with manufactured homes for retirees. Fleetwood will produce the homes at its High Wycombe plant in Perth and install them in NLV communities across Western Australia. NLV …
As part of the USDA’s Rural Development Energy Efficient Manufactured Home Pilot Program, Dennis Miller is the first to purchase an energy efficient modular home, celebrating National Homeownership Day, in Putney, Vermont. Representatives of the USDA and Windham and Windsor Housing Trust (WWHT) were also in attendance. The program allows …
USDA Offers Low Interest Loans for Manufactured Home Purchase Read More
With interest rates remaining low and unemployment slowly falling, U. S. existing home sales hit their highest pace in nine years last month, as sales rose nearly two percent from April to May to a seasonally-adjusted annual rate (SAAR) of 5.53 million, according to data from the National Association of …
Existing Home Sales in U. S. Rise to Highest Pace in Nine Years Read More
