home buyers

MHI’s Lesli Gooch Underscores the Need for GSE’s Purchase of Chattel Loans

By / February 1, 2016 / Advocacy, Business, Finance, home buyers, Legal, Manufactured and Modular Housing News, Manufactured Homes, regulation

Writing for nationalmortgagenews, the Manufactured Housing Institute’s (MHI) senior vice president for government affairs, Lesli M. Gooch, noting the average price of a new manufactured home is $64,000 as compared to a new site-built home price of $374,100, states manufactured housing presents the single most affordable option for lower income …

MHI’s Lesli Gooch Underscores the Need for GSE’s Purchase of Chattel Loans Read More

Survey Reveals Millennials Maintain Belief in American Dream

By / February 1, 2016 / Economy, Finance, home buyers, Manufactured and Modular Housing News, People, Trends

According to a study commissioned by the American Modern Insurance Group (AMIG), 81 percent of millennials still view home ownership as part of the American Dream, in the survey of 1,000 respondents from the greater San Francisco area. The millennials (ages 18-34) were more interested in owning a home than …

Survey Reveals Millennials Maintain Belief in American Dream Read More

Policy Institute says Dodd-Frank is a Bust

By / February 1, 2016 / Business, Finance, home buyers, Legal, Manufactured and Modular Housing News, Manufactured Homes, regulation

The American Action Forum (AAF) has determined there has been a 20.5 percent drop in community banks with assets under $1 billion dollar in assets since Dodd-Frank became law five + years ago, according to data supplied MHProNews by the Federal Deposit Insurance Corp (FDIC). That is a substantial increase …

Policy Institute says Dodd-Frank is a Bust Read More

Sunday Morning Recap-Manufactured Housing Industry News Jan. 24 -Jan. 31, 2016

By / January 31, 2016 / Advocacy, Business, Canada, Communities, Company News, Economy, Factory-Built Homes, Finance, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, Modular, People, regulation, Stocks, Trends

What’s New in public focused Manufactured HomeLivingNews.com Not “Beer Cans on Frames,” they’re Modern Manufactured Homes! What’s New in Manufactured Housing Industry Professional News Interview with Don Glisson, Jr. of Triad Financial Services. Another media attack on manufactured housing? Residents of Florida city opposes modular homes. HUD sets up more …

Sunday Morning Recap-Manufactured Housing Industry News Jan. 24 -Jan. 31, 2016 Read More

SeattleTimesNextRoundofManufacturedHousingMediaWar

Next Negative Media Freight Train is Coming towards Manufactured Housing

By / January 30, 2016 / Business, Factory-Built Homes, Finance, home buyers, Legislation, Manufactured and Modular Housing News, Manufactured Homes

A number of informed sources are telling MHProNews that the Seattle Times is about to launch their next story targeting Berkshire Hathaway companies and through them, the manufactured housing industry. According to the most recent of these sources, their next story on manufactured housing could be published “any day now.” …

Next Negative Media Freight Train is Coming towards Manufactured Housing Read More

Long Troubled Community Undergoing Restoration

By / January 30, 2016 / Business, Communities, Company News, home buyers, Legal, Manufactured and Modular Housing News, Manufactured Homes

The 4,000 home site Country Squire Lakes (CSL) subdivision in Jennings County, Indiana is a mix of manufactured homes, site-built homes and campsites, with a series of different owners of the properties, as MHProNews has learned from therepublic. The subdivision has been going downhill for a number of years, and …

Long Troubled Community Undergoing Restoration Read More

Cape Coral Contenders Continue Criticizing Modulars at City Council

By / January 29, 2016 / Advocacy, Factory-Built Homes, home buyers, Legal, Manufactured and Modular Housing News, Modular, People, Small Business

Following a storyline MHProNews has posted several times, the last being Jan. 25, 2016 regarding opposition to modular homes in Cape Coral Fla., the developer says changes are coming to make the homes fit in better with the neighborhood. Beginning in Feb., garages will be attached to homes, breezeways will …

Cape Coral Contenders Continue Criticizing Modulars at City Council Read More

The Dirks Tripled the Size of their Manufactured Home Community

By / January 28, 2016 / Business, Communities, Company News, home buyers, Manufactured and Modular Housing News, Manufactured Homes, People

Thirty-three years before Harlan Dirks and his son, Dave, bought the Arrowhead Mobile Home Park in 1992 in Toledo, a town of nearly 2,300 pop. in central Iowa, Harlan opened the Dirks Real Estate office in town. Fifty-seven years later, the Dirks Real Estate banner still flies, representing residential, business, …

The Dirks Tripled the Size of their Manufactured Home Community Read More

MHARR concerned about HUD handling of MHCC, cites Continued Non-compliance with Improvement Act of 2000

By / January 29, 2016 / Business, Economy, home buyers, Legal, Manufactured and Modular Housing News, Manufactured Homes, Modular, People, regulation

The Manufactured Housing Association for Regulatory Reform (MHARR) informs MHProNews that the Manufactured Housing Consensus Committee (MHCC), meeting in Louisville during the Louisville Manufactured Housing Show, discussed the fact that HUD, in further non-compliance with the Manufactured Housing Improvement Act of 2000, wants to increase unnecessary and excessive regulation that …

MHARR concerned about HUD handling of MHCC, cites Continued Non-compliance with Improvement Act of 2000 Read More

2015’s New Home Sales Best in Nine Years

By / January 28, 2016 / Business, Economy, home buyers, Manufactured and Modular Housing News, Trends

Data released by the Census Bureau and the Department of Housing and Urban Development (HUD) reveal sales of new, single-family homes rose 14.5 percent in 2015 to 501,000 units, the highest number since 2007, according to lbmjournal. In Dec. alone sales were up 10.4 percent over Nov. 2015 to a …

2015’s New Home Sales Best in Nine Years Read More

Chicago Residential Market under Construction

By / January 27, 2016 / Business, home buyers, Manufactured and Modular Housing News, Trends

New data obtained by MHProNews from skylinenewspaper indicates existing residential property prices rose 8.9 percent over the last year in the greater Chicago area, while the median price of a single-family home spiked 11.6 percent, according to the Chicago Tribune. The average price of a single-family home rose to $217,700, …

Chicago Residential Market under Construction Read More

Commissioners Suggest optional Underpinnings for Manufactured Homes

By / January 27, 2016 / Advocacy, home buyers, Legal, Manufactured and Modular Housing News, Manufactured Homes, regulation

An ordinance mandating brick foundations under manufactured homes that was passed in 2001 in Caswell County, South Carolina is being reexamined by the Caswell County Board of Commissioners who are considering adding other options to keep costs down for MH residents. Opponents to the change like the aesthetic uniformity of …

Commissioners Suggest optional Underpinnings for Manufactured Homes Read More

Should the Manufactured Housing Institute’s CEO Richard ‘Dick’ Jennison resign?

By / January 27, 2016 / Advocacy, Business, Economy, home buyers, Legal, Manufactured and Modular Housing News, Manufactured Homes, People, regulation

Dozens of comments from MHPros coast to coast came in within hours in response to an OpEd by publisher L. A. ‘Tony’ Kovach. Writing on the Masthead blog, Kovach outlined examples of errors and tensions within the Manufactured Housing Institute (MHI), which allegedly point back to the national association’s CEO …

Should the Manufactured Housing Institute’s CEO Richard ‘Dick’ Jennison resign? Read More

Cape Coral Carolers Chorus Criticism on Off-site Constructed Crib

By / January 25, 2016 / Business, Factory-Built Homes, home buyers, Manufactured and Modular Housing News, Modular, People

Updating a story MHProNews last posted Jan. 8, 2016 regarding a modular home being sited in Cape Coral, Florida that is raising hackles from residents and Realtors who maintain the home is threatening property values, dozens of people attended a city council meeting to further protest the $200,000 home. While …

Cape Coral Carolers Chorus Criticism on Off-site Constructed Crib Read More

Manufactured Spec Home to be Sited in Development

By / January 25, 2016 / Business, Company News, home buyers, Manufactured Homes

The Crookston, Minn. Housing and Economic Development Authority has agreed to site a manufactured spec home in a housing development called Carmen Terrace. Red Lake Falls, MN-based Homark Homes will build the home in their 95,000 square foot facility and transport it to Crookston, according to information MHProNews has received …

Manufactured Spec Home to be Sited in Development Read More

Block Grant Funds available for Manufactured Home Repair

By / January 24, 2016 / Finance, home buyers, Legal, Manufactured and Modular Housing News, Manufactured Homes

MHProNews has been informed by redrocknews that the city of Sedona, Arizona, will receive $309,000 in federal Community Development Block Grant (CDBG) funds for a citywide housing rehabilitation program. The funds are aimed at helping moderate-to-low-income homeowners make needed health and safety upgrades to their homes. Manufactured homes are included …

Block Grant Funds available for Manufactured Home Repair Read More

Sunday Morning Recap-Manufactured Housing Industry News Jan. 17 -Jan. 24, 2016

By / January 23, 2016 / Advocacy, Business, Communities, Company News, Economy, Factory-Built Homes, Finance, home buyers, Legal, Legislation, Louisville Show, Manufactured and Modular Housing News, Manufactured Homes, Modular, People, RV, Trade Shows

What’s New in public focused Manufactured HomeLivingNews.com Reality Check – Living Better When Quality Living Costs Less Outside the Box: Inventing New Looks for Manufactured Homes What’s New in Manufactured Housing Industry Professional News Manufactured Housing Administrator Danner speaks at Louisville. What could slow retail sales mean for manufactured housing. …

Sunday Morning Recap-Manufactured Housing Industry News Jan. 17 -Jan. 24, 2016 Read More

Existing Home Sales hit Nine-year High

By / January 23, 2016 / Business, Economy, Finance, home buyers, Manufactured and Modular Housing News

In the largest monthly increase the National Association of Realtors (NAR) has ever experienced, sales of existing homes spiked 14.7 percent in Dec., putting a shining finish on the end of the year with 5.26 million previously-owned homes sold in 2015, the best year since 6.48 million homes were sold …

Existing Home Sales hit Nine-year High Read More

HUD’s Manufactured Housing Head Danner Speaks in Louisville

By / January 22, 2016 / home buyers, Legal, Manufactured and Modular Housing News, Manufactured Homes, Modular, People, regulation

Pamela Beck Danner, Administrator for the Office of Manufactured Housing at the Department of Housing and Urban Development, addressed attendees at the Louisville Manufactured Housing Show. Danner previous experience includes service as an attorney with the Office of HUD’s General Counsel. In 1982 she was appointed Director of the Office of …

HUD’s Manufactured Housing Head Danner Speaks in Louisville Read More

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