Residents of the two manufactured home communities (MHC) in Kitimat, in the far northern reaches of British Columbia (BC), are on track to receive more security should their communities be repurposed, according to what northernsentinel tells MHProNews. The proposed policy of the Kitimat District will establish time frames and remuneration …
Kitimat B.C. Council Extends Notice Date for MHC Redevelopment Read More
In an insider trade, as reported by voicechronicle, Jason Lippert, CEO of Drew Industries, Inc. (NYSE:DW) sold 2,800 shares of company stock at $59.80 per share for a net of $167,440. He still owns 130,711 shares, 0.55 percent of the company’s market cap of $1.41 billion. Company stock has risen …
In the news from CNNMoney: HP falls 14% upon word of weak sales. Americans are saving more than spending. Tyson Foods, Hormel and Campbell all reported solid earnings this week. Airlines saved $11 billion on fuel in first nine months of 2015. CEO of Brazil’s largest investment firm arrested. Nine …
MHCV Remains above 1200; LPX and Drew also Gain over Two Percent Read More
MHProNews has learned from builderonline that construction of single-family homes built specifically as rental units rose to 9,000 units for Q3 2015, compared to 7,000 for the same period last year. Robert Dietz of the National Association of Home Builders (NAHB) looks at statistics from the Census Bureau’s Quarterly Starts …
With strengthening demand in the U. S. construction market, especially in commercial construction, including housing starts that are expected to remain strong, Universal Forest Products, Inc. (NYSE:UFPI) is well-poised to reap benefits, according to what Zacks tells MHProNews. UFPI anticipates $3 billion in sales by 2017 UFPI will likely gain …
Zacks Posits UFPI will Realize Solid Growth, Issues Strong Buy Read More
The National Association of Realtors (NAR) informs MHProNews existing home sales declined 3.4 percent in October to a seasonally-adjusted annual rate (SAAR) of 5.36 million units, following Sept.’s sales pace of 5.55 million units, the second highest since 2007. Falling more than expected, regions which have realized the largest price …
In the news from CNNMoney: Congress wants billions from the Federal Reserve’s piggy bank to help fix roads. Iran preparing to return in big way to world oil market. Recent credit card upgrade may lead to longer lines at checkout. Economy grew by 2.1% in third quarter, better than expected. …
To update a post MHProNews last published Nov. 20, 2015 regarding modular homes being built for homeless people in Dublin, Ireland, for the first 22 units–of a planned 400–the government has inked a contract with Co Tyrone company Western Building Systems for $3.94 million, according to campus.ie. The project was …
In lieu of the drop in single-family modular home construction, modularhomecoach tells MHProNews a sizable gathering of factory owners and top management will meet for a Round Table in Lewisburg, Pennsylvania Dec. 3 to plan steps for reversing the downhill trend and improve public perception of modular homes. Modular homes …
Modular Home Builders Try to Stimulate the Industry Read More
In the news from CNNMoney: OPEC kingpin Saudi Arabia keeps oil prices low, squeezing U. S. shale markets. Chipotle closing stores following E. coli outbreak. Pfizer and Allergan combine to create largest drug manufacturer. Britain buying Boeing planes to counter ISIS and Russia. Ikea donating percentage of profits to refugees. …
MHCV Rises +1.99 Percent, besting Dow, NASDAQ and S&P Read More
What’s New in public focused Manufactured HomeLivingNews.com HUD Secretary Julian Castro praises Quality, Safe and Affordable Manufactured Homes From Condo to Upscale Manufactured Home Living – John & Joyce Walter, Oshtemo, MI – Inside MH Road Show Vide What’s New in Manufactured Housing Industry Professional News HUD Secretary Castro Lauds …
Sunday Morning Recap-Manufactured Housing Industry News Nov. 15-Nov. 22, 2015 Read More
MHProNews published a story on October 18, 2013 reporting that the owners of California’s Buena Vista Mobile Home Park, the Jissers, were interested in selling the community of 104 homes for possibly over $30 million if their plan is approved by the city of Palo Alto, where the median home …
Palo Alto Levying Millions on Manufactured Home Community for Closing Read More
MHProNews has learned from indsidertradingreport that M. Scott Welch, a board member of Patrick Industries, Inc., purchased 9,800 shares of company stock at $39.71 per share for a net of $ 391,353.44 on Nov. 18, 2015 and was disclosed to the Securities and Exchange Commission on Nov. 20,2015. As MHProNews …
Patrick Board Member Welch Acquires 9,800 Shares of Stock Read More
Following numbers from the National Association of Home Builders (NAHB) that show builder confidence slipped three points in October, zacks tells MHProNews that figures released by the Department of Housing and Urban Development (HUD) and the Census Bureau reveal housing starts in October dropped 11 percent to a seasonally-adjusted annual …
Housing Starts Fall in October, while Building Permits Rise Read More
In the news from CNNMoney: Abercrombie & Fitch stops sexualized marketing, stock rises. New E coli fears at Chipotle downs stock. More Mexicans leaving U. S. than coming to the U. S. Soon, one Euro will equal one dollar. China busts $64 billion underground banking ring. French economy may suffer …
Following the ongoing story of providing modular homes for the homeless in Dublin, Ireland, as MHProNews posted last on Oct. 28, 2015, although the government has not chosen a builder, or builders yet, Environment Minister Alan Kelly still maintains it will meet the Dec. 21 deadline for siting the first …
Dublin Maintains Modular Homes will be Ready by Christmas Read More
Updating a story MHProNews brought you July 17, 2015, concerning a 3D printing press that manufactures modular housing using a secret ingredient by the Zhuoda Group in China, cz reports it is China’s most recent suspected fraud. In China, regulation is not keeping pace with the proliferation of financing schemes …
3D Printing Modular Homes using Mystery Ingredient may be Fraudulent Read More
In the news from CNNMoney: Subway Pitchman Fogle gets 15+ years. Music streaming supplier Spotify gives new parents 6 months off. Nation’s largest insurer, United Health, may leave Obamacare. U. S. gender pay gap is getting worse. Applications for unemployment benefits dropped 5,000 last week to 271,000. Australia blocks sale …
After Yesterday’s Gains, Stocks Relatively Quiet Today Read More
Falling from a ten-year high of 65 in October, the National Association of Home Builders tells MHProNews the housing market index dropped three points to 62, falling below The Wall Street Journal consensus estimate by a point. Any number over 50 indicates builders of single-family homes are optimistic. ”The November …
Housing Market Index slips for Single-family Homes Read More
Following the San Bruno natural gas pipeline explosion in California, Gov. Jerry Brown signed legislation to improve safety of the lightly regulated natural gas and propane distribution piping systems at manufactured home communities (MHC), of which there are 5,000 in the state housing one million people. The first conversion of …
California Utilities Upgrading Service to Manufactured Home Residents Read More
