In CNN News: Colt Gun maker files for bankruptcy, CVS buying Target’s pharmacies for $2 billion, Puerto Ricans fleeing a bad economy, and Los Angeles is now the largest city in the country with a $15 minimum wage. Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) gained +0.10 percent, besting …
MHCV Advances 6th Straight Day, while Dow Falls over 100 Points 2nd Straight Day Read More
Sydney, Australia-based architect Stephen Sainsbury has designed Ecoshelta, a series of modular homes constructed of wood frames and corrugated metal siding and roofs that can be made in a variety of styles with minimal environmental impact. The interiors are lined with plywood from certified-sustainable plantations, as curbed.detroit informs MHProNews. The …
Australian Modular Home available in Multiple Configurations Read More
In a blog from thehill, former Oklahoma Governor Frank Keating, now president and CEO of the American Bankers Association, noting June is American Housing Month, says he hears from bankers across the country who tell him regulations are standing in the way of homeownership. He says nearly two-thirds of Americans …
Expanding Portfolio Loans could help Consumers Purchase Homes Read More
While the focus of homebuilding has been on the larger homes, the future may see more moderately priced smaller homes as the industry tries to lure consumers, especially first-time buyers, back into the homeowner fold, as the National Association of Home Builders (NAHB) tells mpamag. However, Census Bureau data reports …
In CNN News: President Obama’s trade deal denied by Congress, chicken chains clucking all the way to the bank, Cartier boss says rising inequality will lead to class war, and the Kurdish Regional Government says its fight against ISIS is being hindered due to the failure of the Iraqi government …
Nobility Homes Spikes, Likely Boosted by Q2 Positive Earnings Report Read More
MHLIvingNews and MHProNews publisher L. A. “Tony” Kovach interviewed Brent Bolding, head of quality control at Sunshine Homes in Red Bay, Alabama. The interview documents the steps a manufactured home producer must go through in assuring the product is made correctly. Bolding, a former self-employed businessman, now in his tenth …
Video Interview Documents Quality of Sunshine Manufactured Homes Read More
For the second fiscal quarter of 2015 ending May 2, Nobility Homes Inc. (OTCQX:NOBH) announces sales rose 23 percent over the same quarter of 2014, $6,706,118 versus $5,431,026. Income from operations rose to $665,719 from $305,628 for the same period last year, while net income after taxes increased to $685,553 …
Nobility Posts Sales, Income Gains over same Quarter 2014 Read More
In CNN News: Identity theft still tops biggest consumer complaints, Rupert Murdoch stepping down as 21st Century Fox head, to be replaced by son, James; and the Detroit Land Bank owns 88,000 properties, 25 percent of the city’s homes. Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) far outpaced the …
MHCV Gains 2.58 Percent, Nobility Homes Drops 3.16 Percent Read More
The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews a Department of Energy (DOE) contractor, Navigant Consulting, is contacting producers of manufactured housing, especially smaller manufacturers, to obtain feedback on new proposed energy standards for manufactured housing. MHARR maintains the new standards are unnecessary and excessively costly, although they …
MHARR says the DOE is Seeking Support for New Manufactured Home Energy Standards Read More
Since President Obama entered the White House real estate has been the best investment in terms of returns, specifically real estate investment trusts (REITs), companies that own a variety of properties, or just one type of investment. According to cnnmoney, investors have bought REITs during the recovery from the recession …
REITs have been a Good Investment during the Economic Recovery Read More
A survey by the Associated General Contractors of America (AGCA) found last year that 83 percent of construction firms had difficulty filling carpenter, laborer and equipment operator positions, according to wsj. Nearly 2.3 million construction jobs disappeared between April 2006 and January 2011, 40 percent of that particular workforce. As …
If Demand Surges for New Homes, Who will Build them?? Read More
In CNN News: Bird flu leading to higher priced eggs, Alan Greenspan says U. S. real estate market is stagnating, low oil prices hurting energy-rigged states, and concerns expressed for emerging markets by World Bank and Federal Reserve. Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) once again outpaced the …
MHCV Gains Nearly 2%; Louisiana Pacific Advances 3.36% Read More
New Jersey continues to deal with the rebuilding of homes along the Atlantic Coast as a result of Hurricane Sandy, the Oct. 2012 storm which killed 117 people in the U. S., leveled thousands of homes and left a path of destruction costing $65 billion. The Christie administration has set …
Manufactured Homes Still on Assistance List in the Wake of Hurricane Sandy Read More
The Gerry Park for Mobile Homes in Gary, Indiana has been sold to Arogas, Inc. by former owner Pat Quinn which owns Mr. Fuel gas stations in the area. Arogas already owns a 9.3 acre adjoining site that has been rezoned for industrial use and is expected to be home …
Indiana Manufactured Home Community closing for Redevelopment Read More
Consumers who purchase an Energy Smart Home™ from Clayton Homes between now and Aug. 29 will receive up to $3,000.00 towards their first year’s utility bills, according to what virtualpressoffice informs MHProNews. Clayton CEO Kevin Clayton said, “We’re going to give consumers a jumpstart on those savings by providing an …
Clayton Homes offers Incentive to Buy Energy Efficient Home Read More
A New Jersey supplier of modular shipping containers that repurposes them to commercial applications, temporary modular houses and military uses has converted 16 containers for use as a five-story Air Traffic Control Tower fitted to Federal Aviation Administration (FAA) standards. While this particular one is designated as a temporary tower …
Modular Air Traffic Control Tower built by SEA BOX Read More
Gavin and Garrett Wright announce the opening of their new modular home sales center, G & G Home Center in Liberal, Kansas, and invite everyone to their grand opening Thursday, June 11 for the ribbon-cutting ceremony. Their father, Darrell Wright established D & H Homes in Garden City, Kansas in …
In CNN News: America has the most job openings in 15 years (5.4 million), HSBC cutting 50,000 employees, kids who watch Sesame Street do better in school, in Santa Barbara homes are selling 32 percent above asking price, while in Tampa they are selling 53 percent below asking. Meanwhile, the …
MHCV Outshines Dow, NASDAQ and S&P 500; U. S. has 5.4 Million Jobs Available Read More
Modules for a 700 unit apartment complex set for Fox Creek, Alberta, Canada will be built in a company-run factory near Shanghai, China and assembled on site, with the first phase of 48 suites, each 980 square feet, to be ready for occupancy in early 2016. Calgary’s Stack Modular is …
Luxury Modular Apartments Rising in Alberta, Canada Read More
The aphorism that to own your own home was the American Dream, and that with a little more initiative you could have your very own Dream Home, has proven to be more elusive. As builderonline says, “The fact that easy and crazy lending made ownership possible does not mean that …
Market Conditions are Ripe for Manufactured Housing to Fill A Void Read More
