home buyers

Manufactured Homes Destined for Oglala Sioux Staged at Ellsworth Air Base

Following a story MHProNews last posted Oct. 14, 2015 regarding the arrival at the Ellsworth Air Force Base of manufactured homes to house flood victims on the Pine Ridge Indian Reservation, a private professional services firm, Dewberry, is assisting with the installation of the homes for the Oglala Sioux Tribe. …

Manufactured Homes Destined for Oglala Sioux Staged at Ellsworth Air Base Read More

Sunday Morning Recap-Manufactured Housing Industry News Dec. 13-Dec. 20, 2015

What’s New in public focused Manufactured HomeLivingNews.com Local Star Chambers Wage War on Affordable Housing What’s New in Manufactured Housing Industry Professional News Thugs threaten modular homeless housing in Dublin. Dodd-Frank reform dropped from bill. Fowl foul manufactured home expansion. Ordinance classifies 3 types of MH. Site-built starts & permits …

Sunday Morning Recap-Manufactured Housing Industry News Dec. 13-Dec. 20, 2015 Read More

New Ordinance Classifies Manufactured Homes into Three Types

Under a new manufactured housing ordinance being drawn up by the city of Washington, Indiana, as washtimesherald tells MHProNews, incoming Building Commissioner Bryan Sergesketter states there are three types of manufactured housing, as Lindsay Owens writes: “Type I, which is set on a permanent foundation; Type II, which is brought …

New Ordinance Classifies Manufactured Homes into Three Types Read More

Building Permits, Groundbreakings Up for the Month and Year

Residential building permits rose 11 percent over October, 2015, and 19.5 percent higher than Nov. 2014, according to what realtor reports from the statistics issued by the Census Bureau and the Dept. of Housing and Urban Development (HUD). Multifamily building permits rose 30.8 percent month-over-month and 38.9 percent year-over-year. The …

Building Permits, Groundbreakings Up for the Month and Year Read More

Ingenia Buys Tourist Park, Adding 54 Manufactured Homes

Word has arrived from New South Wales (NSW), Australia that manufactured home community (MHC) owner Ingenia Communities has acquired South West Rocks Tourist Park in NSW for $8.5 million ($6.03M USD), but only the business and not the land, reports abc.net.au. As MHProNews posted Oct. 21, 2015, Ingenia acquired Lakeside …

Ingenia Buys Tourist Park, Adding 54 Manufactured Homes Read More

MHARR Underscores Need for MH Chattel Loans to be Included in new Duty To Serve Proposal

The Manufactured Housing Association for Regulatory Reform (MHARR) informs MHProNews that the Federal Housing Finance Agency (FHFA) has issued a new “duty to serve (DTS) underserved markets” provision of the Housing and Economic Recovery Act of 2008 (HERA). However, the DTS credit will not be available under the proposal for …

MHARR Underscores Need for MH Chattel Loans to be Included in new Duty To Serve Proposal Read More

Housing Market Index Slips

Homebuilder sentiment fell one point, from 62 down to 61 in December, according to the National Association of Home Builders (NAHB), missing the consensus forecast of 63. “Overall, builders are optimistic about the housing market, although they are reporting concerns with the high price of lots and labor,” said NAHB …

Housing Market Index Slips Read More

FHFA Proposal could Reform Sale of Manufactured Homes

The Federal Housing Finance Agency (FHFA) released a plan today, Dec. 15, 2015, that gives owners of manufactured home communities (MHCs) the opportunity to access financing by Fannie Mae and Freddie Mac (the GSEs), according to what nationalmortgagenews tells MHProNews. It also would provide incentives for states to convert manufactured …

FHFA Proposal could Reform Sale of Manufactured Homes Read More

Sunday Morning Recap-Manufactured Housing Industry News Dec. 6-Dec. 13, 2015

What’s New in public focused Manufactured HomeLivingNews.com Why Families, Singles and Couples are Attracted to Good Manufactured Home Communities Police Chief’s Wife is on Town Council and Loves Manufactured Home Living What’s New in Manufactured Housing Industry Professional News Homeless Housing in Dublin in Dispute. FEMA CA Wildfire Housing to …

Sunday Morning Recap-Manufactured Housing Industry News Dec. 6-Dec. 13, 2015 Read More

Clayton Manufacturing Closes on New Plant

Informed sources tell MHProNews that Clayton Homes (CMH) has closed on a manufacturing facility in Athens, TX. According to the source, the production is scheduled to begin in the fall of 2016. Athens Venture Capital, LLC was the seller to CMH. The move signals the continued recovery of manufactured housing, …

Clayton Manufacturing Closes on New Plant Read More

Kovach asks Community to Contact Congress in Support of S 682

In a letter from “Voice of the People” in theledger, MHProNews and MHLivingNews Publisher L. A. “Tony” Kovach appeals to his Florida neighbors to contact their congresspersons, and encourage them to attach a rider to a must-pass appropriations bill that will expand financing options for MH buyers/sellers. But he can …

Kovach asks Community to Contact Congress in Support of S 682 Read More

One-time Fee would Raise the Cost of a Manufactured Home

MHProNews has been told by heraldtribune of word coming from Bradenton, Florida that the cost to build a home in Manatee County is likely to rise by thousands of dollars following approval by the Manatee County Planning Commission to resume impact fees on new construction to benefit schools. These impact …

One-time Fee would Raise the Cost of a Manufactured Home Read More

Manufacturing Housing Pros rallying Troops for More Financing Options in 2016

While H. R. 650, the Preserving Access to Manufactured Housing Act passed the House in April with bi-partisan support, the Senate companion bill S 682, cannot pass the Senate as a standalone measure because it would be vetoed. If, however, it is attached as a rider to the must-pass appropriations …

Manufacturing Housing Pros rallying Troops for More Financing Options in 2016 Read More

Passages: Mary “Irene” Younkin

Long-time manufactured home retailer and community owner Mary “Irene” Younkin, 95, passed away in Columbus, Ohio, Dec. 5, 2015. She was chairwoman of Greenlawn Realty, and co-founder of Greenlawn Mobile Home Sales as well as Greenlawn RV Center, and several land lease communities. Inducted into the RV/MH Hall of Fame …

Passages: Mary “Irene” Younkin Read More

Manufactured Home finally Saved from Creek

Following a story MHProNews last posted March 14, 2015 about a couple in Lewis Center, Ohio whose manufactured home was sliding into a creek next to their home, after numerous inspections and visits from commissioners, the state helped fix the situation, according to wbns10tv. The fix involved installing a retaining …

Manufactured Home finally Saved from Creek Read More

Sunday Morning Recap-Manufactured Housing Industry News Nov. 29-Dec. 6, 2015

What’s New in public focused Manufactured HomeLivingNews.com Personalizing Your Custom Home – at Half the Cost Sneak a Peek! What Millions Knows – Hiding in Plain Sight – The Home of the Future What’s New in Manufactured Housing Industry Professional News HUD Code Home Production Continues Ascending. Multiple Insider Trades …

Sunday Morning Recap-Manufactured Housing Industry News Nov. 29-Dec. 6, 2015 Read More

Baby Boomers Take it on the Chin for High Home Prices

Baby Boomers are not downsizing fast enough, and by not putting their homes on the market, they are creating the inventory shortage that is driving up prices, making it tougher on would-be first-time homebuyers. This is clogging up the “whole chain of homes sales,” according to Sean Becketti, a chief …

Baby Boomers Take it on the Chin for High Home Prices Read More

Private Residential Spending Rises in October

According to the National Association of Home Builders (NAHB), private residential construction spending increased in October nearly two percent to a seasonally adjusted-annual rate (SAAR) of $399 billion, according to what forconstructionpros tells MHProNews. While on a month-over-month basis, private single-family spending hit $226 billion, an increase of 1.6 percent …

Private Residential Spending Rises in October Read More

Green Building is Growing

Despite the cost of building/remodeling green as a potential barrier, a high percentage of home builders and remodelers are already building green and expect the trend to continue, according to modularhomecoach, noting it is not the Millennials driving the market but the 55 and older group. Consumers’ association with green …

Green Building is Growing Read More

Co-op in Dublin Disputes Siting of Modulars for Homeless

Following the ongoing story of the modular homes planned for the homeless in Dublin, Ireland, MHProNews last posted Nov. 27, 2015 that demonstrators representing a co-op that planned to build on the site of the modulars caused work to stop at the site. The protesters stated the plan jeopardizes the …

Co-op in Dublin Disputes Siting of Modulars for Homeless Read More

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