MHProNews.com has learned from IntelligencerCanada Royal Homes Ltd. of Wingham, Ontario won the contract to supply the Canadian Forces Housing Agency (CFHA) at CFB Trenton with a two-story modular home. The 1,437 square foot dwelling will have three bedrooms, 1 1/2 baths, an attached garage, and a fire suppression system …
CTVBC in Canada reports Ikea is producing a flat-packed do-it-yourself modular home for sale in the U.S. furnished with their signature cabinetry, flooring and wardrobes as well as Energy Star appliances. Priced at $86,500, the 745 square-foot space-saving home, the Aktiv, has an open living/dining/kitchen area, a single bedroom and …
While noting modular villas being built in in one day in southern Iraq by Rotondo Weirich of Pennsylvania, as we published here March 6, 2012, FraserCoastChronicle of Australia reports Hutchinson Builders is constructing a modular three-story accommodation (residential) building for Central Queensland University (CQU) in northeast Australia for their Mackay …
TradersHuddle tells MHProNews.com long-time executive in the MH and Mod transportation industry Shawn CJ Kling has been elected to the board of directors of T.J.T., Inc. to fill an unexpired Class III Director term. The company provides recycled tires and axles to the manufactured housing industry in ten western states …
Modular says the Modular Building Institute’s (MBI) World of Modular convention and trade show in Orlando, Florida at Disney World March 24-27 will bring together hundreds of professionals from the commercial modular building industry. Billed as the largest event in the modular world, the gathering will include over 50 exhibitors, …
CNNMoney tells MHProNews.com the Dow Jones Industrial Average edged down as investors, though optimistic about the economy in general, populated the sidelines as the Dow waffled down -20.14 points, -0.15 percent, to end the week at 13,233.62. “Some of the economic news today was a bit disappointing, but none of …
From AllAfrica, MHProNews.com learns the housing shortage in Namibia will be met in part by Nami Prefabricated Housing cc, a Chinese company that will produce 18 two-bedroom homes daily. Nami is 70 percent complete with establishing its five distinct manufacturing facilities that will make the panelised homes which in turn …
Following up on our story we published March 9, 2012, the Carrollton, Ohio City Council heard Dan Coen of Utica Housing Group from Canton describe his plans for two modular housing developments comprising 31 homes. The homes will be leased by energy companies to house their oil and gas employees …
REJournals tells us Real Estate Investment Services’ Marcus & Millichap sold Mt. Morris Estates, a 170 homesite manufactured home community in Mount Morris, Illinois for $3.6 million. The seller was listed only as a partnership. The community in Northwest Illinois is part of the Rockford, IL metropolitan statistical area (MSA), …
Mt. Morris Estates Changes Hands; Gloves Hide Seller and Buyer Read More
The Dow gained for the seventh straight day, moving up 58.66 points on good news about manufacturing expansion, lower jobless claims, and quiet inflation. CNNMoney reports the Dow added +0.4 percent, to end at 13,252.76. The S&P closed above 1400 for the first time since June 2008, having gained +0.60 …
Dow Nudges Up, S&P Closes over 1400; Patrick Ind. Gains Read More
Drew Industries, Inc. subsidiaries Kinro, Inc. and Lippert Components, Inc. announce their employee base has grown to 4,541 nationwide, a 15 percent jump since Aug. 2011. Most of the new 750 jobs were in their home base Elkhart County in northern Indiana, according to RVBusiness. Last month alone they added …
CNNMoney tells MHProNews.com the Dow Jones Industrial Average edged up 16.42 points as falling bank stocks pulled at the strength of tech socks. The Dow gained 0.12 percent to close at 13,194.10. The Nasdaq moved up +0.03 percent to close at 3,040.73, while the S&P fell -0.12 percent to finish …
Rally Fades, Most Housing Stocks Fall, but Dow Remains above 13,000 Read More
The era of the Hispanic homebuyer is upon us, according to the 2011 State of Hispanic Homeownership Report released this week by the National Association of Hispanic Real Estate Professionals (NAHREP). The 36-page document offers an analysis of data on the Hispanic homebuyer market and points to youth, birth rates, …
CantonRep tells MHProNews.com the Village Council of Carrollton, Ohio, will hold a special meeting Monday at 6 PM to discuss housing for gas and oil well workers coming to the area. An outside company is interested in real estate in the area, and may want to build a modular village …
MHProNews.com has learned from ThePress-Enterprise in San Jacinto, California, the owners of the 200 site Parkview Estates Manufactured Home Community want to convert it from a land lease community (LLC) to residents having the option to buy the site they occupy. Conversion may allow rental costs to rise to market …
As hope spread among investors that only one hurdle remained to Greece’s restructuring of debt, U.S. stocks picked up a little steam as CNNMoney tells MHProNews.com. The Dow Jones Industrial Average gained +.55 percent, 70.61 points, to end the day at 12,907.94.The Nasdaq moved up +1.18 percent to close at …
Patrick Vaults, Louisiana Pacific Rises, Dow Nudges Up Read More
The Manufactured Housing Institute’s (MHI) Monthly Economic Report, states shipments of single-section and multisection homes jumped 42.1 percent Jan. 2012 over Jan. 2011, to 3,945 new homes. Single section homes accounted for 53.9 percent of the increase. The seasonally adjusted annual rate of shipments (SAAR) increased 6.0 percent, to 61,082 …
Just north of eastern Montana and north of Regina, Saskatchewan, Canada, a modular town of 2,500 residents will emerge to provide workforce housing to build BHP Billiton’s Jansen potash mine, near the Gordon First Nation. MHProNews.com has learned from GlobalRegina that Craig Alloway of Calgary-based Atco, says it will be …
According to research done by Moody’s Analytics and Equifax, the total balance of outstanding home loans dropped $1 trillion, 10.4 percent, in the last four years, an indication of consumers getting rid of debt. Although mortgage rates are at historic lows, credit remains tight, which MHProNews.com has learned could be …
CNNMoney tells MHProNews.com the Dow Jones Industrial Average nosedived as investors responded to weak economic data from Europe and backed off. Despite the Dow losing 203.66 points, 1.52 percent, and closing at 12,759.15, the Dow is actually up 4.4 percent for the year. The Nasdaq also dropped, falling 40.16 points …
