According to the News-Journal, a one thousand acre site in Ormond Beach, Florida, is once again rankling feathers. Turned down ten years ago as an MHC, $150,000 homes were supposed to be built, but none were. The developer has returned asking for an amendment to the agreement with Volusia County, …
In a letter to MHProNews.com, Joe Kelly, executive vice-president of the Iowa Manufactured Housing Association (IMHA), says there were 121 orders for modular homes in the third quarter 2011, five more than in the same period last year. This ranks Iowa sixth in the survey of 29 states in modular …
TampaBay reports a $33 million program over the past 12 years to retrofit thousands of pre-HUD Code homes with anchors to make them more storm resistant has come under fire for not living up to its expectations. Longtime manufactured housing supply businessman and lobbyist for the MH industry, Ken Cashin, …
TheProvince reports from British Columbia, Canada, that several manufactured and modular housing producers in Canada are making small modular homes that can legally be placed beside or behind an existing single-family dwelling, where permitted. Called garden or “granny” suites, the portable homes have a kitchen, one or two bedrooms, bathroom …
“Granny” Modular Homes May be Sited Next to Family Home Read More
CNNMoney reports the Dow Jones Industrial Average dropped steadily during the trading day as the Eurozone debt crisis worried investors again. The Dow inched a little higher toward day’s end, managing to stay above the 12,000.00 mark at 12,021.39, losing 162.87 points, or 1.34 percent. The Yahoo! Finance Manufactured Housing …
Euro Debt Drops Dow; MH Stocks Mostly Sink Slightly as Well Read More
Inhabitat reports an Italian firm has developed an energy efficient tubular Alpine cabin designed especially for mountain climbers and skiers. LEAP(Living, Ecological, Alpine Pods) Factory’s Gervasutti refuge is solar-powered, weighs 5,500 pounds and has six contact points with the ground. The elongated modular contains nearly 100 square feet and will …
HousingWire says Zillow Real Estate Market Reports is partnering with researcher Pulsenomics to sponsor what will be called the Zillow Home Price Expectations Survey. First published by Pulsenomics in 2010 with MacroMarkets as its sponsor, the quarterly survey is based on the expert opinions of over 100 housing market analysts, …
CNNMoney reports the Dow Jones Industrial Average dropped nearly 200 points on news the the Euro debt crisis continues in limbo. The Dow dropped 198.67 points, -1.63 percent, to close at 11,997.70. The Yahoo! Finance Manufactured Housing Composite Value gained +0.54 percent to close at 805.30. Most tracked housing stocks …
Dow Falls After Euro Bank Official Refuses Assistance to Troubled Countries Read More
St. Clair Times reports from Alabama the Argo zoning board will consider a proposed ordinance to allow more manufactured homes into an area that has been home to MHs for many years. In changing the zoning from “high-density residential” to “manufactured home zoning,” the ordinance would disallow manufactured homes over …
Rezoning Proposal Creates Conflict of Interest Charges Read More
A web site called FreedomofInfo.org is espousing the viability of manufactured home and recreational vehicle resort market. The article quotes Leon D. Meekcoms, President of Parkbridge Capital Group who says that despite dramatic economic shifts – particularly in the actual property market – RV resorts and manufactured home communities continue …
Company Says Recreational MH and RV Growing in Attractiveness Read More
Realtor Magazine covered a story previously appearing on HousingWire on the hurdles facing the manufactured housing sector. According to the article, demand for both manufactured and modular homes continues to plummet. Published by the National Association of Realtors, the magazine recounted testimony to the House Financial Services Committee that manufactured …
WiscNews reports from the Wisconsin Dells a local realtor says real estate sales in the area through October 2011 have reached 192, up from 167 last year and 170 in 2009, and foreclosures are holding steady. John Schoenherr, of Century 21 Affiliated, also notes that much of the real estate …
CNNMoney reports the Dow Jones Industrial Average edged up 83.93 points as investors heard talk of Eurozone leaders assembling a rescue fund to help debt-ridden economies, gaining +0.69 percent to close at 12,181.76. The Yahoo! Finance Manufactured Housing Composite Value fell -0.03 percent to close at 758.60. Tracked housing stocks …
Investors Optimistic Euro Debt Crisis Will Resolve Soon Read More
SacBee reports Lippert Components, Inc., a wholly-owned subsidiary of Drew Industries Incorporated, has acquired Indiana-based M&M Fabricators to expand its chassis customization business. With revenues of $3 million annually, M&M modifies chassis primarily for producers of specialized commercial vehicles, Class A and Class C Motorhome RVs, and transit buses. The …
MH Component Maker Drew Ind. Acquires Chassis Manufacturer Read More
Daily-Times reports from Kirtland, New Mexico, the San Juan County Commissioners will be voting Dec. 6, 2011, on an ordinance that will require future developers of MHCs to obtain county approval and pay a plan-review fee. The water and septic service must be approved by the New Mexico Environment Department, …
A CNNMoney article by Joshua Steiner and Allison Kaptur warns prospective real estate investors that the rosy 2012 forecast for the housing market has two pronounced thorns. The first is less than five percent of the mortgage purchase volume is in the hands of private investors. Support for the housing …
CNNMoney reports the Dow Jones Industrial Average rose nicely in early morning trading, fell as word spread that Standard and Poor may downgrade Eurozone members, but managed to climb back to register a 78.41 point gain, +0.65 percent, closing at 12,097.83. The Yahoo! Finance Manufactured Housing Composite Value gained 1.44 …
Dow Gains a Little Ground; Palm Harbor Slides 45.00 Percent Read More
The U.S. Department of Housing and Urban Development (HUD) announces $40 million in grants for housing counseling will be awarded competitively to HUD-approved counseling agencies and State Housing Finance Agencies across the country. Topics include avoiding foreclosure and mortgage scams, improving credit score, purchasing or renting a home, and qualifying …
StarTribune reports ice fishing accommodations have moved well beyond the unheated wood shacks set over a hole in the ice that you see in old movies. Displays at the St. Paul Ice Fishing and Winter Sports Show in St. Paul, Minnesota, include factory-built ice cabins as big as a small …
KnoxNews reports Jerry Creel, formerly vice president of human resources and training for Clayton Homes’ retail division, has been promoted to vice president of human resources and talent at the manufactured housing company in Maryville, Tennessee. Carl Hill has been promoted to director of marketing and consumer insights, having previously …
