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Legacy Homes Assumes Production in Facility Abandoned by Horton Homes

Legacy Homes has taken over production of manufactured homes (MH) in a facility in Eatonton, Georgia that had been occupied by Horton Homes, according to what wmaztv tells MHProNews. Seventy employees have begun working there, and the CEO says they can handle up to 250 to 300 workers on one side, …

Legacy Homes Assumes Production in Facility Abandoned by Horton Homes Read More

$55k Modular Home Installed in Three Days

Created by Portuguese Architect Samuel Goncalves, his Gomos System modular home can be constructed and installed in three days. Prefabricated concrete modules up to eight feet X 20 feet are connected in a variety of shapes and sizes depending on the buyer’s preference. As us.blastingnews tells MHProNews, the base model …

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Supervisors Unanimously Approve Ordinance to Accept HUD Code Homes

Updating a story MHProNews last posted Feb. 11, 2016 regarding an ordinance passed by the planning and zoning commission in Mojave County, Arizona that would allow manufactured homes built after June 15, 1976 to be sited, the Board of Supervisors voted unanimously to approve the ordinance, according to kdminer. Originally, …

Supervisors Unanimously Approve Ordinance to Accept HUD Code Homes Read More

Sixty year-old Manufactured Home Community on the Block

The Flamingo Mobile Home Park in Santa Barbara, Calif. has been put on the market, sparking fears among the 69 residents of this seniors only manufactured home community that they may have to move, according to what noozhawk tells MHProNews. The community, which was built in the 1950s, was inherited …

Sixty year-old Manufactured Home Community on the Block Read More

Most MH-related Stocks Fall, but UMH Rises

In the news from CNNMoney: Electric bicycle can go up to 40 MPH. Trade pacts have cost some loss of middle class jobs, but so has technological change. FCC wants internet service providers to get permission from customers to share personal info with third party affiliates. Trump’s modeling agency broke …

Most MH-related Stocks Fall, but UMH Rises Read More

Inventory of Starter Homes Continues Diminished

Year-over-year as of Jan., 2016, the number of homes priced below $100,000 fell by 8.6 percent, as the less expensive homes got snapped up quickly, while the homes priced over $1 million grew by 15 percent, according to the National Association of Home Builders (NAHB), as mpamag informs MHProNews. The …

Inventory of Starter Homes Continues Diminished Read More

RHP Properties Acquires another Manufactured Home Community

MHProNews has learned from hometownlife that RHP Properties has acquired the 289 home site Wayson’s Manufactured Home Community (MHC) in Lothian, Maryland. RHP CEO Ross Partrich said, “RHP Properties is pleased to add Wayson’s Manufactured Home Community to our portfolio of high quality communities,” said Partrich. “This desirable community boasts …

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Modular Apartment Complex will be Bay Area’s First

With the cost in San Francisco to build a new home running around $700,000 to $800,000, thereby pricing many middle-income and working class people out of the market, one company has begun building modular apartment buildings. BRIDGE is a non-profit developer, and as such can receive government funding and tax …

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Water Company Acquires Water Systems in Manufactured Home Communities

Iowa American Water has acquired the water systems in three YES! Communities in Davenport, Iowa, adding 850 customers to its roster, as qconline tells MHProNews. Residents of Five Seasons, Lakewood Estates and Silver Creek manufactured home communities (MHC) have been receiving water from Iowa American but through a re-sale agreement. …

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RV/MH Leaders Applaud Darryl Searer’s Fourth Year Leading the Hall

When Darryl Searer agreed to a one-year commitment to volunteer as president of the RV/MH Heritage Foundation and the RV/MH Hall of Fame (Hall), little did he know his passion for the position would grow to four years—and counting. Little did industry leaders realize the extent to which he would …

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MHCV Spikes +7.23%; Cavco Moves up the Most of Tracked Stocks

In the news from CNNMoney: Cheap oil is crushing Middle Eastern countries. Donald Trump’s suits and ties are made in China. Shake Shack may be losing the burger wars. Olive oil prices rose 20 percent in 2015. Google launches travel service. UK’s Powa Technologies once worth $2.7 billion, now bankrupt. …

MHCV Spikes +7.23%; Cavco Moves up the Most of Tracked Stocks Read More

Longer Permit Processing Times Adding to Costs

According to constructiondive, developers are saying that building permit processing time has increased from four months in 2011 to seven months in 2015, reports the National Association of Home Builders and The Wall Street Journal (wsj). In more active markets, like California and Florida, the American Institute of Architects (AIA) …

Longer Permit Processing Times Adding to Costs Read More

australian manufactured home community intenational to credit

Expansion Underway for Australian’s MHC owner Gateway Lifestyle

Australia’s Gateway Lifestyle Group has acquired six manufactured home communities (MHC) for $49.3 million ($36.975 USD), according to theaustralian.co.au. The communities are located in New South Wales, Queensland and Victoria, adding 1180 home sites to its portfolio—428 occupied sites and 752 sites ripe for development. The acquisition, expected to close …

Expansion Underway for Australian’s MHC owner Gateway Lifestyle Read More

Equity LifeStyle Properties Declares Q1 Dividends

MHProNews has learned the board of directors of Equity LifeStyle Properties (NYSE:ELS) has announced a dividend of $0.425 per common share will be paid on April 8, 2016 to shareholders of record as of March 25, 2016. On an annualized basis this represents a dividend of $1.70 per share. Moreover, …

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Modular Homes already Sold in Manchester, England

Updating a story MHProNews last posted Jan. 18, 2016 concerning Urban Splash’ 43 affordable modular homes in New Islington, Manchester, England, all 43 of its hoUSe project have been completed and sold, according to what placenorthwest.co.uk tells MHProNews. Designed by architect shedkm, this is the first phase in Manchester of …

Modular Homes already Sold in Manchester, England Read More

Sun Announces Quarterly Dividends for First Quarter, 2016

MHProNews has learned from euroinvestor that the board of directors of Sun Communities, Inc. (NYSE:SUI) declared a quarterly distribution of $0.65 per share of common stock for Q1 2016, payable April 15 to shareholders of record on March 31, 2016. The board also declared a quarterly distribution of $0.441325 per …

Sun Announces Quarterly Dividends for First Quarter, 2016 Read More

Skyline Corp. Jumps +5.49%, as Louisiana Pacific Falls -5.73%

In the news from CNNMoney: Goodyear developing spherical tires for cars to move multi-directional. People who had quit looking for work are now finding jobs. Average bonus for Wall St. employees last year was $146,200, totaling $25 billion on bonus day. China exports shrank 20 percent last month. Sponsors drop …

Skyline Corp. Jumps +5.49%, as Louisiana Pacific Falls -5.73% Read More

Another Manufactured Home Community in New Hampshire Converts to Resident-Owned

The 32-homesite Ladd Hill Mobile Home Park just became the 118th manufactured home community (MHC) in New Hampshire to convert from privately owned to resident-owned, as citizen informs MHProNews. Now called Ladd Hill Cooperative, Inc., the Belmont, NH community deal was finalized March 1, and the purchase price of $525,000 …

Another Manufactured Home Community in New Hampshire Converts to Resident-Owned Read More

Bill Eases Transit of Factory-built Homes

According to what chippewa tells MHProNews, Wisconsin State Senator Terry Moulton (Chippewa Falls-R), representing the 23rd District, authored a bill signed by Gov Scott Walker that will ease transport on Wisconsin roads for delivery of manufactured and modular homes. Canada has been an active buyer of U. S. factory-built homes …

Bill Eases Transit of Factory-built Homes Read More

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