RVBusiness says the Vancouver Sun reports a new community of factory-built micro cottages is being developed at Port Renfrew, British Columbia, in Canada. The first 40 unit phase of the Wild Coast Cottages Oceanside, each 400 square feet, is nearly sold out. The second, Water’s Edge at Wild Coast Cottages, …
ArgusLeader reports modular producer Builders Choice will open in Vermillion, South Dakota, later this month adding 30 jobs initially, with expectations to double that number by year’s end 2012. Company president Mark Larson says this site was chosen for the available labor, central location, and access to transportation. The Anchorage-based …
Alaska Modular Builder to Begin Production in S. Dakota Read More
DailyItem reports from Pennsylvania that two modular home builders, Integrity Building Systems Inc., of Milton, and Icon Legacy Custom Modular Homes LLC, of Selinsgrove, have agreed to merge operations by year’s end. Icon Legacy, owned by Don Stimley, has been in business four years in Selinsgrove. Stimley will lead the …
WorldPropertyChannel reports National Association of Home Builders (NAHB) assistant vice-president and economist Robert Dietz says eliminating or reducing the mortgage interest deduction (MID) would hurt the chances for younger families to buy homes, as well as damage the already shattered housing industry and the economy in general. Testifying before the …
BerksmontNews reports the MH retail business Leo Houck began along Old Route 22 west of Hamburg, Pennsylvania, is now located in Shoemakersville, just north of Reading, and is celebrating its fiftieth birthday. His daughter, Athian Wilson, took over the business after he passed away in 1973, and now operates it …
SustainableBusinessOregon reports Ideabox is developing a five-home neighborhood community based on the small homesite idea of manufactured housing communities. Founder and CEO Jim Russell says, “The goal was to take tiny lots and see what we can do with them. We’re trying to create a small, livable community. We wanted …
The Manufactured Housing Association for Regulatory Reform (MHARR) reports that manufactured housing production for August 2011 increased six percent over August 2010, the first monthly increase in 12 months. Statistics from the department of Housing and Urban Development (HUD) show that HUD Code manufacturers produced 5,187 homes in August. Cumulative …
MHARR Notes Increased MH Production, Continues Call for Parity Read More
The Prescott Daily Courier states the report of a Chino Valley contractor noted faulty drainage hook-ups in a recent conversion of septic tanks to sewer lines in Chino Meadows 2 manufactured home community. Of 171 homesites inspected, eleven needed extensive repair due to sewage back-up and sagging drain lines, 105 …
Conversion from Septic to Sewer Results in Problems Read More
CityBiz in Philadelphia reports that MHC operator UMH Properties, Inc., based in Freehold, NJ has passed a resolution to increase the size of its board of directors from nine to ten members. According to Eugene W. Landy, UMH Board Chairman, the tenth spot will be filled by Stuart Levy, vice …
UMH Adds Board Member with International Banking Ties Read More
CNNMoney reports The Dow Jones Industrial Average re-gained small ground today, moving up 37.65 points on the heels of a near seven percent loss for the week, it’s worst since Oct. 2008. It closed at 10,771.48, a gain of 0.35 percent. Yahoo!’s Manufactured Housing Composite gained 2.05 percent to end …
Investors Losing Faith in World leaders and Economies Read More
Humans Invent reports that architect David Morton, of the UK, took his inspiration for building modular housing from his love of the Mini Cooper automobile, which was originally built in response to the Suez Oil Crisis of 1956, and the subsequent oil shortage. His BoKlok UK modular houses respond to …
Architect Develops Modular House with Ideas from Small Car Read More
Investors reports SmarTrend, that inveterate tracker of 5,000 stocks daily, says as measured by dividends, the number one company in the Residential REIT (Real Estate Investment Trust) Industry is UHM Properties (UMH). It ranks at the top with a dividend yield of 7.7 percent, followed in second place by Sun …
MHMSM.com is moving to a new more powerful cloud server this weekend. The move will begin Friday night at 11 PM CDT and it is anticipated the move will be completed by noon Saturday, CDT, Sept. 24. Next weekend we will unveil our new format.
SouthCoastToday reports that the 51 residents of Edgeway Mobile Home Park in Middleboro, Massachusetts may finally get street lights that were supposed to be installed over a decade ago. Only 51 sites 0f the planned 74 are currently occupied because the city revoked the license of the MH community owner, …
MHC has Long-standing Issues Between Owners and Town Board Read More
HousingWire reports the Federal Housing Finance Agency (FHFA), the conservator of Fannie Mae and Freddie Mac, said home prices moved up slightly in July 0.8 percent, but are down for the year ending July 31 by 3.3 percent. Prices are 18.4 percent below the high point in April 2007, although …
Slight Increase in Home Prices Reflects Stagnant Housing Market Read More
The Herald in Monterey County, California reports a preliminary hearing concerning rent control for Marina’s five manufactured housing communities was approved by the Marina City Council by a 3-2 vote. First proposed by residents 20 years ago, the Mobile Home Rental Stabilization Ordinance allows the annual rent increase to 80 …
Council Hearing Favors Rent Control in California City Read More
The Dagger Press reports from Aberdeen, Maryland, that Bruce E. Garner will seek re-election to the Aberdeen City Council in the municipal election balloting in November. A 35-year veteran of the manufactured housing industry, Garner served ten years as general manager for a large manufactured home retailer in the northeast, …
The New York Times reports when Pilar Proffitt and Robert Bristow received estimates of nearly $1 million for building a home for their family of five in rural Connecticut, they opted instead for a customized modular home that fit in with the dairy farm surroundings, and cost under $500k. The …
Modular House Customized to Blend with Rural Setting Read More
Bloomberg News reports sales of previously owned homes rose to 7.7 percent in August, according to the National Association of Realtors (NAR). Sales of existing single-family homes rose to their highest level since January, rising 8.5 percent to a seasonally-adjusted rate of 4.47 million. The August figures compare to the …
Following up on a prior story about building inexpensive homes for the multitude of poor people across the globe, Eco-Business notes the Massachusetts Institute of Technology’s (MIT) grad student Ying chee Chui’s modular design incorporates hollow brick walls, reinforcing steel bars, wooden box beams, and includes a central courtyard within …
Modular House Emerges from MIT’s Affordable Housing Initiative Read More
