Noting the Department of Energy’s new proposal is critical to the manufactured home industry because “it is genuinely draconian and will have a drastically negative impact,” the Manufactured Housing for Regulatory Reform’s (MHARR) Mark Weiss, says its final adoption can be stopped with enough pushback. Commenting on a meeting at …
MHARR Issues a Call to Arms to Defeat the Enactment of DOE’s New Proposal Read More
While many on both sides of the aisle recognize the importance of reforming the secondary housing finance system, 32 Congressional Democrats sent a letter to Federal Housing Finance Agency (FHFA) Director Mel Watt saying the government-sponsored enterprises’ (GSEs) capital base, which is set to expire in 2018, sends out a …
Calls for Housing Finance Reform Continue to Resound Read More
While the negative equity rate is five times higher than it was in 2004, during the first quarter of this year 425,000 borrowers who were once underwater regained equity, according to what Black Knight Financial Services tells nationalmortgagenews, leaving just 2.8 million borrowers in negative equity. Black Knight’s Home Price …
425,000 more Underwater Borrowers now Floating again Read More
What’s New in public focused Manufactured HomeLivingNews.com Educator, Builder Compare Conventional House to Residential Style Manufactured Home Living & Quality Double-Digit Manufactured Home Sales Growth, MHARR July 7 Report What’s New in Manufactured Housing Industry Professional News House defeats two amendments that would cripple proposed MH financing. Ohio county pursuing …
Sunday Morning Recap-Manufactured Housing Industry News July 3-July 10, 2016 Read More
The Manufactured Housing Institute (MHI) and the Indiana MH Association informs MHProNews that in the U. S. House of Representatives, two amendments to the Fiscal Year 2017 Financial Services Appropriations bill were defeated that would have stripped language from the bill that make necessary changes to the Dodd-Frank Act in …
House Reaffirms Support for MH by Defeating two Potentially Crippling Amendments Read More
In an examination of the relationship between single-family housing starts and builder confidence as derived from the National Association of Home Builders (NAHB) monthly survey, businessinsider stated the bullishness of builders may be ill-advised, as MHProNews has learned. Even though confidence rose to the highest level in June since January, …
Builder Confidence for Single-family Homes May be Stretched Read More
The city of Portland, Oregon has over 400 vacant homes on its eastside, “zombie homes”as portlandtribune calls them, some of which are nuisance-creating, others are just nuisances. Mayor Charlie Hales just returned from the conference of mayors in Indianapolis, and commentator John Schrag suggests the mayor take a page from …
Opinion: Non-profits to Buy Vulnerable MH Communities to Preserve Affordable Housing Read More
According to what CoreLogic’s Home Price Index, home prices posted a year-over-year gain in May of 5.9 percent, and an increase over April, 2016 of 1.3 percent, above CoreLogic’s expectations of an 0.9 percent rise. CoreLogic Chief Economist Frank Nothaft said year-over-year home prices have risen by 5-6 percent for …
The Riverside tiny home by Nashville, TN-based New Frontier Tiny Homes measures 242 sq. ft., and at $79,000, this modular comes ready-to-move-in furnished, down to the the cutlery, furniture and all other accoutrements, according to what gizmag tells MHProNews. Sitting on a triple-axle trailer, the ebony stained cedar board and …
What’s New in public focused Manufactured HomeLivingNews.com St. Petersburg, FL – Misjudging Mobile Homes – Tale of Two Cities What’s New in Manufactured Housing Industry Professional News House committee requesting documentation from CFPB. Modular apartments replacing old apartment buildings. Zeman plans MH build in Florida. Maine city gets community development …
Sunday Morning Recap-Manufactured Housing Industry News June 26-July 3, 2016 Read More
People walking through a sleek new design home in San Diego overlooking the Pacific do not realize it is made of recycled shipping containers until they are told, as realtor tells MHProNews. “There’s a stigma, a misperception,” listing agent Jonathan Sanders says of the modular construction which his company and …
Following a three-month climb, the pending home sales index slipped 3.7 percent from April to May, to 110.8, according to the National Association of Realtors (NAR), 2.6 percent higher than expected, but a 0.2 percent decrease from may 2015. With 100 being a healthy number, the index has not fallen …
The National Association of Home Builders (NAHB) said earlier this month unfilled construction positions remain at a post-recession high of 200,000, and could possibly impact the larger economy, according to to the latest labor report from the Associated General Contractors of America, says constructiondive. NAHB’s survey addressed nine trades, and …
Construction Employment Lack may Impact Overall Economy Read More
Two public hearings will be held by Eddy County in far southeast New Mexico for public comment on the new Manufactured Home Placement Permit Ordinance, the first one Wed., June 29, at 5:30 in the Eddy County North Road Dept. The ordinance establishes permits and regulations, particularly dealing with joining …
NM County Sets Hearings on Manufactured Home Siting Read More
What’s New in public focused Manufactured HomeLivingNews.com Entry Level v Residential Style Manufactured Homes, Modular Homes and MH Appraisals – Tom Papszycki, Arrowhead Homes – Inside What’s New in Manufactured Housing Industry Professional News Louisiana Approves 336 home site MH community. Polish modular builder marketing in Sweden. Oregon legislator tryhing …
Sunday Morning Recap-Manufactured Housing Industry News June 19-June 26, 2016 Read More
According to what RealtyTrac tells MHProNews, their Home Affordability Index indicates housing markets were less affordable than their historic norms in 18 percent of counties nationwide for the 2nd quarter. In the first quarter only five percent of counties were less affordable than their historically normal levels, having risen 13 …
The sale of new homes fell six percent in May, 2016 to a seasonally-adjusted annual rate of 551,000 homes, according to the Department of Housing and Urban Development (HUD) and the Census Bureau, but 8.7 percent above May, 2015 sales. “New home sales are up relative to the first few …
New Home Sales Fall in May but Remain above May 2015 Read More
The Sulphur Land Use Commission in Sulphur, Louisiana declined to allow a manufactured home (MH) to be sited on a prepared lot because they were initially told it was a modular home, which would have been acceptable. Public Works official Keith Berry said the property would have to be re-zoned …
Louisiana Commission Denies Siting of Manufactured Home Read More
A new report from the Harvard University Joint Center for Housing Studies indicates home ownership rates have fallen over the last ten years to 63.7 percent, as Millennials continue living in their parents’ basements or are renting. MHProNews has leaned from washingtontimes that 36.4 percent of U.S. households opted to …
Family Formation May Increase but Homeownership May Not Read More
As part of the USDA’s Rural Development Energy Efficient Manufactured Home Pilot Program, Dennis Miller is the first to purchase an energy efficient modular home, celebrating National Homeownership Day, in Putney, Vermont. Representatives of the USDA and Windham and Windsor Housing Trust (WWHT) were also in attendance. The program allows …
USDA Offers Low Interest Loans for Manufactured Home Purchase Read More
