According to statistics from the U. S. Department of Housing and Urban Development (HUD), the Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews HUD Code manufacturers produced 5,657 homes in December 2015, a 20.1 percent increase over the 4,707 homes produced in the same month in 2014. HUD Code […]
HUD Code Production for Year Ends on a Strong Note Read More
Despite having wealth estimated at $780 million, online shoe and apparel retailer Zappos’ founder, Tony Hsieh, lives in a 240 square foot Airstream in Airstream Village in downtown Las Vegas, a community of 20 Airstreams and 10 Tumbleweed tiny homes he spent $350 million to develop. The Downtown Project (DTP)
Zappos Founder Lives in an Airstream Read More
MHProNews has learned from sunjounal the 82 High Street housing development in Farmington, Maine received a $500,000 grant and a $540,000 loan to begin razing three apartment buildings and replace them with three modular apartment buildings. Now, the city must apply for a Community Development Block Grant (CDBG) of up
Modular Apartments will Replace Run Down Multifamily Units Read More
Terming it one way to solve the housing crisis in the UK, 24dash tells MHProNews manufactured housing could be a quick, affordable fix as opposed “to some developers who are still sitting on land and developing slower than the erosion of a cliff face.” Andrew Partridge, Rogers Stirk Harbour +
UK Architect Advocates Manufactured Homes to Solve Housing Shortage Read More
In the news from CNNMoney: Mystery E. Coli outbreak causes Chipotle profit to fall by 44 percent. Former U. S. Sec. of State Madeleine Albright said Saudis could act to hike oil prices, but will not. The spread of Zika Virus could affect U. S. business: Jet Blue gets 30
Dow Falls, Continues its Volatility; Deer Valley Rises, Nobility Homes Falls Hard Read More
Hitting a record high of nearly $90 billion in multifamily lending in 2015, the government sponsored enterprises (GSEs), Fannie Mae and Freddie Mac, are poised to hit another new lending record this year as their volume lending caps are adjusted by the government. Freddie Mac topped the two multifamily lenders
Manufactured Housing Included in GSE Lending Read More
Four-and-a-half months after the Valley Fire swept through portions of south Lake County in California, in Sept., destroying 1,280 homes and devastating over 76,000 acres, James Westrich, 82, has become the first home owner to be issued an occupancy permit, which allows him to move in, and it is for
Manufactured Home is First Permanent Wildfire Replacement Read More
Writing for nationalmortgagenews, the Manufactured Housing Institute’s (MHI) senior vice president for government affairs, Lesli M. Gooch, noting the average price of a new manufactured home is $64,000 as compared to a new site-built home price of $374,100, states manufactured housing presents the single most affordable option for lower income
MHI’s Lesli Gooch Underscores the Need for GSE’s Purchase of Chattel Loans Read More
MHProNews has learned from thenewsstar, the Hope for the Warriors organization, a national non-profit that provides support for members of the military and their families, including families of the fallen and military caregivers, received a check for $33,600 from Clayton Homes President Keith Holdbrooks and CEO Kevin Clayton at the
Clayton Homes Donates to Military Support Group Read More
In the news from CNNMoney: American Airlines bringing back Biscoff cookies for passengers in main cabin. Al Jazeera journalists facing unemployment establish website to find work for the more than 50 employees. Goldman Sachs says oil will fall below $26. Puerto Rico wants to erase half of its debt. 93
Carlyle Moves Up, UFPI Moves Down, Dow Slips Read More
The American Action Forum (AAF) has determined there has been a 20.5 percent drop in community banks with assets under $1 billion dollar in assets since Dodd-Frank became law five + years ago, according to data supplied MHProNews by the Federal Deposit Insurance Corp (FDIC). That is a substantial increase
Policy Institute says Dodd-Frank is a Bust Read More
Following a story MHProNews published Jan. 25, 2016 regarding the siting of a spec home in Crookston, Minnesota by Homark Homes, the Crookston City Council has, at least temporarily, pulled the plug on the proposal. As the grandforksherald reported, the Crookston Housing and Economic Development Authority had earlier approved the
Spec Manufactured Home Put on Hold Read More
What’s New in public focused Manufactured HomeLivingNews.com Not “Beer Cans on Frames,” they’re Modern Manufactured Homes! What’s New in Manufactured Housing Industry Professional News Interview with Don Glisson, Jr. of Triad Financial Services. Another media attack on manufactured housing? Residents of Florida city opposes modular homes. HUD sets up more
Sunday Morning Recap-Manufactured Housing Industry News Jan. 24 -Jan. 31, 2016 Read More
A number of informed sources are telling MHProNews that the Seattle Times is about to launch their next story targeting Berkshire Hathaway companies and through them, the manufactured housing industry. According to the most recent of these sources, their next story on manufactured housing could be published “any day now.”
Next Negative Media Freight Train is Coming towards Manufactured Housing Read More
The 4,000 home site Country Squire Lakes (CSL) subdivision in Jennings County, Indiana is a mix of manufactured homes, site-built homes and campsites, with a series of different owners of the properties, as MHProNews has learned from therepublic. The subdivision has been going downhill for a number of years, and
Long Troubled Community Undergoing Restoration Read More
In the news from CNNMoney: Port workers in New York and New Jersey go on strike. U. S. exporting crude oil for first time 40 years. Mortgage rates continue to fall. Stanford and Harvard each received $1 billion in donations in 2015. 56 percent of Americans think their kids will
MHProNews has learned from analystratingreport that Cavco Industries, Inc., reported $0.89 earnings per share (EPS) for its third quarter fiscal year 2016, beating the analyst consensus by $0.09 EPS. The company’s revenue of $181.40 million for the quarter also beat analysts estimates of $174.10 million. Compared to the same quarter
Cavco Bests Analysts by $0.09 EPS Read More
Thirty-three years before Harlan Dirks and his son, Dave, bought the Arrowhead Mobile Home Park in 1992 in Toledo, a town of nearly 2,300 pop. in central Iowa, Harlan opened the Dirks Real Estate office in town. Fifty-seven years later, the Dirks Real Estate banner still flies, representing residential, business,
The Dirks Tripled the Size of their Manufactured Home Community Read More
In the news from CNNMoney: Morgan Stanley says there is a 20 percent chance of a recession in 2016. Warren Buffett to appear on Celebrity Apprentice. Due to the oil crunch, Azerbaijan may need an international bailout. Wages fell in 80 of the country’s largest 100 cities during the recent
Dow Continues its Volatility, while MH Stocks Remain Relatively Quiet Read More
The Manufactured Housing Association for Regulatory Reform (MHARR) informs MHProNews that the Manufactured Housing Consensus Committee (MHCC), meeting in Louisville during the Louisville Manufactured Housing Show, discussed the fact that HUD, in further non-compliance with the Manufactured Housing Improvement Act of 2000, wants to increase unnecessary and excessive regulation that
