With interest rates remaining low and unemployment slowly falling, U. S. existing home sales hit their highest pace in nine years last month, as sales rose nearly two percent from April to May to a seasonally-adjusted annual rate (SAAR) of 5.53 million, according to data from the National Association of …
Existing Home Sales in U. S. Rise to Highest Pace in Nine Years Read More
An amendment sponsored by Rep. Chuck Fleischmann (R-Tenn) and passed by the House Appropriations Committee is designed to strengthen access to safe, affordable and available financing for manufactured homes while preserving important consumer protections, according to what the Manufactured Housing Institute (MHI) tells MHProNews. Passed by a bipartisan vote of …
Appropriations Bill Amendment will Provide Access to MH Financing Read More
According to the 2016 U. S. Housing Forum report from Fitch Ratings, the housing market’s current upswing should last for two more years, as reported by nationalmortgagenews to MHProNews. Using single-family starts as a proxy for overall housing metrics, and calculating that single-family starts have risen in five of the …
Housing Market has more Room for Expansion: Fitch Ratings Read More
In response to the Department of Energy’s proposed rules on energy standards for manufactured housing in the Federal Register, the Manufactured Housing Institute (MHI) says it worked closely with the DOE to try and avoid excessive costs to consumers that will outweigh benefits. The DOE based their recommendations on the …
MHI and MHARR Respond Differently to DOE’s Proposed Energy Standards Read More
When first-grade teacher Deirdre Brackett of Sanford, New Hampshire retires she will move into a 196 sq. ft. tiny home she contracted with Sanford Regional Technical School in Sanford, Maine for the students to build the modular home, as journaltribune tells MHProNews. An average hotel room is 325 sq. ft. …
Modular Tiny Home, 196 sq. ft., has All the Amenities Read More
While the Arizona Office of Manufactured Housing (MH) enforces the state’s manufactured home landlord-tenant act, it does not apply to rental homes. The city of Tucson does take care of MH rentals, having responded to about 20 calls this year regarding insufficient cooling, requiring owners to fix the problems, according …
Manufactured Home Rentals in Arizona could be Troubling Read More
MHProNews has learned from logandaily that the Hocking County, Ohio second half 2015 real estate tax and 2016 manufactured home tax statements have been mailed. Hocking County Treasurer Diane Sargent says her office will continue to accept applications for the treasurer’s pre-payment escrow plan until June 30 for real estate …
A bill that passed in the New York State Senate, sponsored by Sen. Betty Little (R-Queensberry), would fund a home replacement program for qualifying state residents who have older, dilapidated mobile and manufactured homes, and own the property. The replacement units would be new, affordable energy-efficient units, according to adirondackdailyenterprise, …
Measure would Replace Dilapidated Manufactured Homes in NY Read More
The United States Government Publishing Office summarizes the Energy Conservation Standards for Manufactured Housing according to the Department of Energy guidelines thusly: ”The U.S. Department of Energy (DOE) is publishing a proposed rule to implement the Energy Independence and Security Act of 2007, which directs DOE to establish energy conservation …
Prelude to the Department of Energy’s Energy Standards Read More
With a reading over 50 meaning most builders see the single-family housing market as good rather than poor, the National Association of Home Builders (NAHB) housing market index rose two points to 60 in June over May, according to wsj., although economists expected a reading of 59. Positive since mid-2014, …
NAHB Builder Sentiment Index Rises; Economist Questions Veracity Read More
As follow-up to a story MHProNews last posted June 3, 2016 regarding the possible misuse of funds by the city of Minot, North Dakota when it moved over 30 homes out of Odds Mobile Home Park to make way for a flood protection project. The homes were placed on blocks …
Manufactured Homes Damaged During Move to New MH Community Read More
Saying people have forgotten President Reagan’s line: “The government is not the solution, it is the problem.” The larger the government grows, the slower the economic growth, writes Richard W. Rahn in washingtontimes. The article MHProNews posted June 9, 2016 reports Donald Trump promises to end Dodd-Frank and its chokehold …
As Government Grows, Regulations Impose, the Economy Slows Read More
Although the Department of Housing and Urban Development Secretary Julian Castro called manufactured housing a “vital solution” to the nation’s “affordable housing crisis,” the federal manufactured housing program for forty years has been one set of wasted opportunities after another, according to M. Mark Weiss, president and CEO of the …
MHARR’S Mark Weiss says Happy Anniversary HUD Code?? Read More
A commentator for modularhomecoach was at the bank on a matter related to buying a car when he spied a five-inch stack of papers on a desk behind the lender, and casually asked about the stack. The woman replied, “Those are for a mortgage application for a new home,” adding …
Loan Officer calls Dodd-Frank a Huge Impediment to Lending Read More
Dubbed “A Better Way,” House Republicans stated the red tape of bureaucracies has gotten out of hand, and they have proposed rules easing the drilling for oil, coal mining, governing internet traffic and promoting small business employment, according to what washingtontimes tells MHProNews. House Speaker Paul Ryan (R-WI), in presenting …
House GOP Aiming to Lift Crippling CFPB Regulations Read More
Founded n 1985, Habitat for Humanity Canada has forged a partnership with Green Terra Homes that will give home buyers the option to donate one percent of their purchase to Habitat, thereby promoting sustainable building. Prefab homes and manufactured homes are constructed using steel from an average of six recycled …
Habitat Canada and Green Terra ask Homebuyers to Donate 1% Read More
Waterhouse Management Corp. of Roseville, California, which runs the Pinto Lake Mobile Estates in Watsonville, CA, has asked for a $211 a month across the board increase for all the homeowners at the 177 site manufactured home community (MHC). Waterhouse contends the county’s formula for determining annual rent increases does …
MH Community Owner Seeks $211 Month Increase per Site Read More
In a video presentation, Frank Rolfe, a partner with Dave Reynolds in Mobile Home University, RV Horizons and MHP Funds, says he can call his congressional representative in Missouri and find out the chances of legislation passing that could positively affect the manufactured home industry, like altering Dodd-Frank. Since it …
Frank Rolfe, Bob Crawford Video Comments on Current and New MH Association Read More
According to a joint report from RealtyTrac and Down Payment Resource, nationalmortgagenews tells MHProNews down payment assistance programs can save homebuyers on average $5,965 on the down payment and $11,801 over the course of a loan’s life, totaling $17,766. Having studied 513 counties across the nation, the report states the …
Homebuyers Save Big with Down Payment Assistance Programs Read More
What’s New in public focused Manufactured HomeLivingNews.com Media Should Re-Visit Dodd-Frank Reporting in Light of Congressional Testimony Modular Versus Manufactured Homes: Which Is Right for You? What’s New in Manufactured Housing Industry Professional News Lake Villa MH community sells for $11.3 million. HUD Code production climbs 9.9% in April. …
Sunday Morning Recap-Manufactured Housing Industry News June 5-June 12, 2016 Read More
