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Canadian Home Show will Feature Modular Homes

MHProNews has learned from the peterboroughexaminer in Peterborough, Ontario, Canada that the annual Peterborough Home, Outdoor and Design Show will, for the first time, feature two modular homes by Green Terra Homes of Trenton, Ontario. Green Terra offers a steel, two-bedroom modular home for $76K ($57 USD), a three-bedroom modular …

Canadian Home Show will Feature Modular Homes Read More

Institutional investors Increase Stake in Equity LifeStyle Properties, Inc.

According to a recent 13F filing with the Securities and Exchange Commission (SEC), Daiwa Securities Group, Inc. boosted its stake in Equity LifeStyle Properties, Inc. (NYSE:ELS) by 13,939.8 percent, adding 348,494 shares to its portfolio. As hilltopmhc tells MHProNews, Daiwa now has a 0.42 percent stake in ELS valued at …

Institutional investors Increase Stake in Equity LifeStyle Properties, Inc. Read More

Dow Climbs Back Above 17k; Most MH-related Stocks Gain

In the news from CNNMoney: Iron ore has risen 54 percent since beginning of the year, including 17 percent today. ISIS declining oil output has fallen from estimated 50,000 bbls/day to 20,000 bbls/day. Federal Reserve Vice Chairman Stanley Fischer confident in American economy. Economic experts rate economy B+. Saudi Arabia …

Dow Climbs Back Above 17k; Most MH-related Stocks Gain Read More

Developers Need Guidelines for New Manufactured Home Community

MHProNews has learned from postregister that realtor Kevin Murray of Keller Williams of Idaho Falls, Idaho told the the Jefferson County Commission that developers have expressed an interest in building a medium-sized manufactured home community (MHC) in Jefferson County but they have no direction on developing an MHC. “You currently …

Developers Need Guidelines for New Manufactured Home Community Read More

Sunday Morning Recap-Manufactured Housing Industry News Feb. 28-March 6, 2016

What’s New in public focused Manufactured HomeLivingNews.com Rancho El Mirage, new 55+ Manufactured Home Community Opening near Yuma, AZ Tired of renting? Get the Scoop on Manufactured Homes What’s New in Manufactured Housing Industry Professional News American Dream lives. HUD Code production starts year strong. Patrick, Drew Industries acquire ancillary …

Sunday Morning Recap-Manufactured Housing Industry News Feb. 28-March 6, 2016 Read More

Rep. David Scott: GSEs should Purchase Chattel Loans

In a letter to Melvin Watt, Director of the Federal Housing Finance Agency (FHFA), Rep. David A. Scott (D-GA) reminds Dir. Watt the Housing and Economic Recovery Act (HERA) pinpointed manufactured housing (MH) as an underserved market. Noting the importance of MH as a source of homeownership for millions of …

Rep. David Scott: GSEs should Purchase Chattel Loans Read More

Sun Community Shareholders Buy and Sell Shares

MHProNews has learned from thevistavoice that Russell Frank Co. has diminished its stake in Sun Communities, Inc. (NYSE:SUI) by 8.1 percent in Q4 of 2015 as reported to the Securities and Exchange Commission. After selling 47,319 shares of stock, the company owns 537,417 shares, now owning 0.99 percent of the …

Sun Community Shareholders Buy and Sell Shares Read More

Patrick Industries Acquires Electronics Distributor

MHProNews has learned from prnewswire that Elkhart, Indiana-based Patrick Industries, Inc. (NASDAQ:PATK) has acquired The Progressive Group, a distributor and manufacturer’s representative for major name brand electronics serving 16 states that are primarily in the Midwest and Intermountain regions. The company’s customer base includes small to large retailers, other distributors …

Patrick Industries Acquires Electronics Distributor Read More

Northstar Added to Stock Lineup; Dow Crosses back across 17k Mark

In the news from CNNMoney: Oil ends week above $36/bbl. Dow and S&P500 gain 2.2 percent for the week. BP lost $5.2 billion but CEO’s bonus increased 40 percent. World is running low on single malt scotch. 242,000 jobs added in February, although wages slipped -0.10 percent. Single women get …

Northstar Added to Stock Lineup; Dow Crosses back across 17k Mark Read More

On Site Completion of Construction of Manufactured Homes Frequently asked Questions

This HUD issued document deals with all the aspects the title implies: the monitoring contractor who oversees the PIAs on site work, identification of DAPIAs (Design Approval Primary Inspection Agency), site construction and alternate construction, is there a preferable format for a DAPIA’s approval or rejection, the level of detail …

On Site Completion of Construction of Manufactured Homes Frequently asked Questions Read More

Rent Increase at Calif. MHC has Residents Worried

Residents of La Linda Mobile Homes in Corona, California received a notice from the owners of this 132 home site manufactured home community that rents will rise from $650 a month to $779 a month because of property taxes, leading many of the homeowners to ask the city for help. …

Rent Increase at Calif. MHC has Residents Worried Read More

Minorities, Millennials Still Believe in American Dream

The semi-annual Housing Confidence Index poll survey conducted by Zillow reveals that 65 percent of Millennials (18-34) and almost 70 percent of Hispanics agree with the connection between homeownership and the American Dream. Millennials in Los Angeles-Long Beach-Anaheim agreed the most, 86.9 percent, while that same demographic in Philadelphia agreed …

Minorities, Millennials Still Believe in American Dream Read More

Dublin City Council Sets Timetable for Siting of Modular Homes for Homeless

Updating a story MHProNews has been following since June 17, 2015 regarding the siting of 500 modular homes for the homeless in Dublin, Ireland, the first 22 homes slated for Ballymun that were set for completion by Christmas last, are now set to be ready for occupancy the end of …

Dublin City Council Sets Timetable for Siting of Modular Homes for Homeless Read More

MHCV Gains 3.14 Percent; AMG Advances 3.32 Percent

In the news from CNNMoney: Self-cleaning airplane bathroom may be on your next flight: three seconds of ultraviolet light will kill 99.99% of surface germs, clear odors. As Chipotle has lost steam to an E.coli outbreak, the fortunes of Panera have risen in the casual dining sector. Bond king Bill …

MHCV Gains 3.14 Percent; AMG Advances 3.32 Percent Read More

DNC Chair Switches Teams over Payday Lending

Democratic National Committee (DNC) Chair Rep. Debbie Wasserman Schultz has teamed up with conservative lawmakers opposing Consumer Financial Protection Bureau (CFPB) regulations about predatory payday lending, feeding into a rift in the party already fractured by a bitter presidential primary. The agency is trying to disrupt the cycle of debt …

DNC Chair Switches Teams over Payday Lending Read More

TRID Rule Continues to Hamper Mortgage Lending Industry

According to a survey by the American Bankers Association (ABA), the Truth-in-Lending/Real Estate Settlement Procedures Act integrated disclosures (TRID) that took effect Oct. 3, 2015, continues to leave a trail of vendor software problems, longer processing times, and closing delays that average eight days, although some have taken as long …

TRID Rule Continues to Hamper Mortgage Lending Industry Read More

Caddis Capital adds Two More MHCs to Portfolio

MHProNews has learned from 9news that Jefferson County, Colorado-based Caddis Capital Investments LLC has acquired two manufactured home communities (MHCs) in Arizona. The 210 home site Mesa Village in Mesa, AZ and the 169 home site El San Juan MHC in Peoria were purchased for $16.6 million. While the seller …

Caddis Capital adds Two More MHCs to Portfolio Read More

New Durham Estates to Hold Open House

The New Durham Estates manufactured home community (MHC) in Westville, Indiana will hold their annual open house and community-wide yard sale on Fri. and Sat., June 3 and June 4, from 9-5 PM, as michigancitylaporte informs MHProNews. Visitors are invited to see the pre-owned and new manufactured homes, tour the …

New Durham Estates to Hold Open House Read More

Prospective MHC Owners Plan to Upgrade the Community with New Homes

A Hendersonville, North Carolina family intends to provide up to 21 new multi-section manufactured homes (MH) in a community for seniors, and will ask the Hendersonville City Council for a waiver of the city’s impact fee, as hendersonvillelightning tells MHProNews.. Cheria, Billy and Tony Duncan hope to buy Whiteside’s Green …

Prospective MHC Owners Plan to Upgrade the Community with New Homes Read More

Most MH-related Stocks Edge up

In the news from CNNMoney: Whistleblower to collect $51 million after Olympus Corp. agrees to pay $646 million in fines for bribery and kickback scheme. Saudis trying to steal Iran’s biggest oil customer. Former Chesapeake Energy CEO McClendon dies in fiery crash one day after being indicted by Feds for …

Most MH-related Stocks Edge up Read More

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