In a letter to the Federal Housing Finance Agency (FHFA), the Manufactured Housing Institute (MHI) is pressing the government-sponsored enterprises (GSEs) to back chattel loans, which apply to manufactured homes (MH) not secured by real estate, according to nationalmortgagenews. “Requiring the GSEs to purchase chattel loans as part of their …
MHI Raps FHFA’s Duty to Serve Rule for not Aiding Individual Homebuyers Read More
Rick Robinson of the Manufactured Housing Institute (MHI) informs MHProNews of the second reading by the Darlington County Council in South Carolina of amendments to a manufactured housing (MH) ordinance. The proposed ordinance requires a county registration decal be displayed on any MH within 15 days of its transfer of …
In a letter to the editor of sanluisobispo, Bob Vasholtz writes that while we support low-income housing, we mostly do not want low-income people living next door. He states manufactured housing is “the lowest cost form of quality housing” because the homes are built indoors, consistently, using standardized production procedures. …
Quality of Manufactured Homes Praised in Letter to the Editor Read More
The Caswell County (North Carolina) Commissioners (NC) split evenly on a vote to consider using cement fiberboard as an alternative to brick for skirting on manufactured homes (MH), and asked Building Inspector Ray Pulliam to further investigate if it is suitable, as caswellmessenger informs MHProNews. Several said using brick is …
Commissioners Reject Cement Fiberboard for MH Skirting Read More
Calling it “slow but steady progress,” the National Association of Home Builders (NAHB) reports to MHProNews that the Housing Market Index for March was unchanged at 58, after rising to 64 last October, which was a ten-year high. January saw sales of existing homes hit the second highest rate of …
Builder Confidence for Single-family Homes Remains at 58 Read More
Habitat for Humanity unveiled a plan for rehabbing and/or replacing factory-built homes in the West Boca Watergate Estates manufactured home community (MHC) in Palm Beach County, Fla. In outlining their presentation to residents to work together, Habitat’s Mike Campbell and Ana Neira said a text change in county regulations now …
Habitat Program will Involve Residents in Updating their Manufactured Home Community Read More
What’s New in public focused Manufactured HomeLivingNews.com Rancho El Mirage, new 55+ Manufactured Home Community Opening near Yuma, AZ What’s New in Manufactured Housing Industry Professional News New manufactured home community planned Down Under. Legacy Homes assumes building abandoned byRV/MH Hall home builder. Home show features MH. Ordinance to site …
Sunday Morning Recap-Manufactured Housing Industry News March 6, 2016-March 13, 2016 Read More
Created by Portuguese Architect Samuel Goncalves, his Gomos System modular home can be constructed and installed in three days. Prefabricated concrete modules up to eight feet X 20 feet are connected in a variety of shapes and sizes depending on the buyer’s preference. As us.blastingnews tells MHProNews, the base model …
Year-over-year as of Jan., 2016, the number of homes priced below $100,000 fell by 8.6 percent, as the less expensive homes got snapped up quickly, while the homes priced over $1 million grew by 15 percent, according to the National Association of Home Builders (NAHB), as mpamag informs MHProNews. The …
According to constructiondive, developers are saying that building permit processing time has increased from four months in 2011 to seven months in 2015, reports the National Association of Home Builders and The Wall Street Journal (wsj). In more active markets, like California and Florida, the American Institute of Architects (AIA) …
According to the National Housing Survey questions that Fannie Mae asks consumers each month, the GSEs Home Purchase Sentiment Index rose to 1.2 percent to 82.7 in Feb. over Jan., as nationalmortgagenews informs MHProNews. Consumers who said their income was noticeably greater than 12 months ago increased three percentage points …
Fannie Mae Survey Indicates Consumer Confidence Rising on Housing Market Read More
What’s New in public focused Manufactured HomeLivingNews.com Rancho El Mirage, new 55+ Manufactured Home Community Opening near Yuma, AZ Tired of renting? Get the Scoop on Manufactured Homes What’s New in Manufactured Housing Industry Professional News American Dream lives. HUD Code production starts year strong. Patrick, Drew Industries acquire ancillary …
Sunday Morning Recap-Manufactured Housing Industry News Feb. 28-March 6, 2016 Read More
In a letter to Melvin Watt, Director of the Federal Housing Finance Agency (FHFA), Rep. David A. Scott (D-GA) reminds Dir. Watt the Housing and Economic Recovery Act (HERA) pinpointed manufactured housing (MH) as an underserved market. Noting the importance of MH as a source of homeownership for millions of …
Rep. David Scott: GSEs should Purchase Chattel Loans Read More
As part of the city’s overall affordable housing strategy, the Arcata (Calif.) City Council has approved a mid-year appropriation of $35,000 to develop a plan to balance the needs of manufactured home community (MHC) residents against those of the MHC owners, and avoid rent control/rent stabilization measures for the city. …
Residents of La Linda Mobile Homes in Corona, California received a notice from the owners of this 132 home site manufactured home community that rents will rise from $650 a month to $779 a month because of property taxes, leading many of the homeowners to ask the city for help. …
The semi-annual Housing Confidence Index poll survey conducted by Zillow reveals that 65 percent of Millennials (18-34) and almost 70 percent of Hispanics agree with the connection between homeownership and the American Dream. Millennials in Los Angeles-Long Beach-Anaheim agreed the most, 86.9 percent, while that same demographic in Philadelphia agreed …
Minorities, Millennials Still Believe in American Dream Read More
According to a survey by the American Bankers Association (ABA), the Truth-in-Lending/Real Estate Settlement Procedures Act integrated disclosures (TRID) that took effect Oct. 3, 2015, continues to leave a trail of vendor software problems, longer processing times, and closing delays that average eight days, although some have taken as long …
TRID Rule Continues to Hamper Mortgage Lending Industry Read More
The New Durham Estates manufactured home community (MHC) in Westville, Indiana will hold their annual open house and community-wide yard sale on Fri. and Sat., June 3 and June 4, from 9-5 PM, as michigancitylaporte informs MHProNews. Visitors are invited to see the pre-owned and new manufactured homes, tour the …
A Hendersonville, North Carolina family intends to provide up to 21 new multi-section manufactured homes (MH) in a community for seniors, and will ask the Hendersonville City Council for a waiver of the city’s impact fee, as hendersonvillelightning tells MHProNews.. Cheria, Billy and Tony Duncan hope to buy Whiteside’s Green …
Prospective MHC Owners Plan to Upgrade the Community with New Homes Read More
The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews the new year’s production of HUD Code homes in January got off to a roaring start, as statistics from the Department of Housing and Urban Development (HUD) reveal 5,862 homes were produced. That is an increase of 17.9 percent over …
New Year Begins with Energetic HUD Code Production Read More
