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Planned Australian Manufactured Home Community Denied

A plan to develop a 302 site seniors manufactured home community (MHC) in Nulkaba, New South Wales, Australia has been derailed by the Cessnock City Council, citing objections from neighbors who complained it would detract from the rural character of the neighborhood, and would increase alcohol abuse, crime and trespassing …

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Modular Slowly Making Inroads in Australia’s Residential Projects

As the modular industry innovates to meet housing affordability head-on, widespread acceptance of the product is being hampered by the way banks lend on residential development, according to businessnews.au in Australia. Modular techniques offer up to 40 percent time savings on construction, lower energy bills for buyers of modular homes …

Modular Slowly Making Inroads in Australia’s Residential Projects Read More

Sun Communities Corrals Eastern Wild West Show and Campground

As a means of capitalizing on 1950’s TV series like “Gunsmoke,” “Rawhide,” and “Daniel Boone,” Bill Patton and Bill Pacy created Frontier Town in Ocean City, Maryland in 1959, and four years later added the 600-site Fort Whaley Campground. Manufactured home community (MHC) and recreational vehicle (RV) resorts owner Sun …

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Most Stocks Flat, but Patrick Gains +2.92%, Skyline Drops 3.67%

In the news from CNNMoney: Robin Williams’ son and an inmate are teaching a financial literacy class at San Quentin prison. Chase lowers the lending requirements for jumbo mortgages. Canada is on the verge of a recession. India is the largest exporter of beef. Eleanor Roosevelt may be the new …

Most Stocks Flat, but Patrick Gains +2.92%, Skyline Drops 3.67% Read More

More Insider Trading at Patrick Industries

A Securities and Exchange Commission (SEC) filing dated August 4, 2015, reveals M. Scott Welch, a director of Patrick Industries, Inc. (NASDAQ:PATK) purchased 10,000 shares of company stock at $36.00 per share for a total of $360,000 on Aug. 3. While Patrick has lost 2.57 percent during the last week …

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HUD Code Production Continues Rising

The Manufactured housing Association for Regulatory Reform (MHARR) informs MHProNews that statistics released by the Department of Housing and Urban Development (HUD) indicate production of HUD Code homes for June, 2015 rose 7.8 percent above June, 2014 production to 6,062 homes over last year’s 5,624 homes. On the year, HUD …

HUD Code Production Continues Rising Read More

RV/MH Hall of Fame Honors Class of 2015

The Class of 2015 includes: (back row l-r) Paul E. Hanser, HWH Corporation; Bert V. Alanko, MBA Insurance; Joe Kelly, Iowa Mfg Housing Association; (front row l-r)Jerry W. James, Franklin Homes, Inc.; Bill Thomas, Bill Thomas Camper Sales; Marlene A. Sine, Marlene Sine & Associates, Inc.; Richard A. Mendlen, Manufactured …

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Manufactured Home Builder Oakwood Sells former HQ

MHProNews has learned from bizjournals the former Oakwood Homes corporate headquarters in Greensboro, North Carolina has been sold to Stanley Benefits Services for $8.1 million, which will occupy 30,000 square feet of the 130,000 square-foot building. Oakwood, a builder of manufactured and modular homes with locations around North Carolina, vacated …

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Manufactured Home Community Closing, Set to be Sold

News from KWQC TV6 in Davenport, Iowa informs MHProNews that residents of Lake Canyada manufactured home community (MHC) near Davenport were scheduled to vacate the community by 11:59 PM July 1, and while many had already left, Phillip Hicks, a resident of 28 years, and his wife, Linda, were still …

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Louisiana Pacific Gains Most in Two Consecutive Trading Days

In the news from CNNMoney: 3,500 oilfield workers in Williston, North Dakota have been laid off as oil prices drop. China runs four of the world’s largest five banks. CVS stopped tobacco selling and general merchandise sales fell nearly eight percent, same store basis. Ford uses over 31,000 soy beans …

Louisiana Pacific Gains Most in Two Consecutive Trading Days Read More

Drew Sales Gained in Q2 2015 over Same Period 2014

For the second quarter 2015, sales at Drew Industries, Inc. (NYSE:DW) gained 13 percent over Q2 2014 to $362 million, one million over the first quarter to set a record, producing net income of $20.9 and earnings per share of $0.85, although short of consensus expectations of $0.93 per share. …

Drew Sales Gained in Q2 2015 over Same Period 2014 Read More

Nigeria Using Modular Methods to Construct Inexpensive Housing

MHProNews has learned from thisdaylive that Alpha Mead Development Company (AMDC) has announced its plans to lower the entry level for middle income home buyers in Nigeria, using a modular building system. AMDC is one of the Strategic Business Units of Facilities Management Company, Alpha Mead Facilities & Management Services …

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Virginia Manufactured Home Shipments similar to 2014

MHProNews has learned from the Virginia Manufactured and Modular Housing Association (VAMMHA) the state statistics for manufactured home (MH) shipments for June 2015 were comparable for June 2014. Last year, VA had 88 MH shipments—38 single-section, 50 multi-section—for a total of 139 floors versus 88 MH shipments this June—40 single-section, …

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Deer Valley Plummets; MHCV Slips to 974.2

In the news from CNNMoney: President Obama’s climate control proposal drags down energy stocks. Puerto Rico is in default. Greek bank shares drop 30 percent as markets re-open. United Nations reports marijuana use is on the rise in U. S. Half of Americans are saving 5% or less of their …

Deer Valley Plummets; MHCV Slips to 974.2 Read More

Manufactured Home Numbers Remain Stable in North Carolina County

In response to a question posed by a reader of citizen-times in Asheville, North Carolina, MHProNews has learned Buncombe County, the county seat where Asheville is located, has 20,681 manufactured homes with a tax value of $476.7 million. Writer John Boyle said the number has not changed much from 2004 …

Manufactured Home Numbers Remain Stable in North Carolina County Read More

Florida Realtor expects Baby Boomers will Drive Manufactured Home Sales

Port Orange, Florida’s Triangle Realty has managed to survive nearly 30 years of the economy’s up and downs by diversification. Owner Bob Marandino deals in manufactured homes (MH), residential sales and condos and property management, according to news-journalonline. “When one area is down another is up. We’ve been successful and …

Florida Realtor expects Baby Boomers will Drive Manufactured Home Sales Read More

Sunday Morning Recap-Manufactured Housing Industry News July 26-Aug. 2, 2015

What’s New in public focused Manufactured HomeLivingNews.com Art Linkletter and Manufactured Housing today Maintaining Quality and Strength While Saving Homebuyers Money – Inside MH Video with Mike Stone, part 2 What’s New in Manufactured Housing Industry Professional News Texas city lifts ban on MH after show of strength by industry …

Sunday Morning Recap-Manufactured Housing Industry News July 26-Aug. 2, 2015 Read More

A Fresh Approach to Dealing with Foreclosures

A study conducted by Hannah Thomas, a senior analyst with ABT Associates, correlated foreclosure data, criminal activity and property value loss with the role of mortgage servicers in two Boston neighborhoods, according to housingwire. Thomas interviewed real estate agents, real estate lawyers and foreclosure auctioneers, and examined foreclosure sales data …

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MHCV Beats Dow, Gains 2.16%; Carlyle Outpaces other MH Stocks

In the news from CNNMoney: Exxon and Chevron profits are down 50 percent. Puerto Rico will likely default Monday. Greek stock market to reopen. Beijing gets the 2022 Winter Olympics. Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) gained +2.16 percent to end the day at 984.86. More manufactured housing …

MHCV Beats Dow, Gains 2.16%; Carlyle Outpaces other MH Stocks Read More

Tampa OpEd Calling for Fairness and Respect Resonating with Manufactured Home Industry

An OpEd in Tampa’s tbo entitled Fairness and Respect for Florida’s Manufactured Home Owners  has put a local focus on the OpEd in thehill in which MHLivingNews and MHProNews publisher L. A. “Tony” Kovch notes the unintended consequences of the Dodd-Frank Act that make lending on manufactured homes valued at or …

Tampa OpEd Calling for Fairness and Respect Resonating with Manufactured Home Industry Read More

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