Rob Ripperda of the Texas Manufactured Housing Association (TMHA) tells MHProNews stats for August 2015 indicate new manufactured home titles rose 4.44 percent over last August, and increased 1.69 percent over July, 2015, with multi-section home sales outpacing single section homes. On the year, multi-section home sales are up 7.18 …
Multi-section Homes Out Perform Single Section in Texas Read More
According to scotsmanguide, reports released last week by the government-sponsored enterprises (GSEs) reveal the combined volume of single-family loans purchased and guaranteed by Fannie Mae and Freddie Mac through Q3 2015 have exceeded the total for all of 2014. Total GSE volume hit $640.7 billion for the first nine months …
Following a story MHProNews posted Nov. 13, 2015 regarding a new ordinance in Mojave County, Arizona that restricts siting of manufactured homes (MH) to no older than seven years, kdminer tells MHProNews the County Board of Supervisors will weigh a request from the Manufactured Housing Industry of Arizona to delay …
What’s New in Manufactured Housing Industry Professional News $25k can apply to MH in Ala. and Long Island. Insider trading: Cavco, UMH, Sun, Drew. MH securitizer beats Zacks consensus. Ordinance allows newer homes only. Log cabin builder honored. Former Ginnie Mae head says mortgage reform unlikely. One Fed Head says …
Sunday Morning Recap-Manufactured Housing Industry News Nov. 8-Nov. 15, 2015 Read More
A new ordinance requiring all manufactured homes (MH) being moved from one property to another within the county must have been produced no more than seven years from the request date for the permit, under a zoning change that takes effect in Mojave County, Arizona, Dec. 2, 2015. The previous …
Ordinance Requires Manufactured Homes to be Under Seven Years Read More
According to the National Association of Realtors (NAR) home prices rose in 87 percent of U. S. metro markets during the third quarter, down from the second quarter when 93 percent of metro areas saw increases for existing single-family homes. In 154 of 178 areas measured, the median price of …
The U. S. Department of Housing and Urban Development (HUD) will provide $500,000 through the Federal HOME Investment Partnerships Program to assist first-time homebuyers in Nassau County, New York purchase a home, including manufactured homes. Eligible applicants can receive up to $25,000 for down payment/closing costs of a new or …
$25k Grant Available for First Time Home Buyers on Long Island Read More
Residents of Franklin County in northern Alabama may be eligible to each receive $25,000 for home repair or replacement, regardless of whether the damage was the direct result of the tornadoes that tore through the area in 2011. According to franklincountytimes, this is the second round of funding through the …
$25k CDBG Funds to Replace Manufactured Homes in Alabama Read More
The former president and CEO of Ginnie Mae, Joseph Murin, said the Obama administration is not looking to recapitalize GSEs Fannie Mae and Freddie Mac, preferring to leave them as a conservatorship from which funds can be extracted as needed. Also, he does not believe reform of the government-sponsored enterprises …
Former Head of Ginnie Mae does not Envision GSE Reform Soon Read More
Blue Ridge Log Cabins of Campobello, South Carolina has received two national home building awards during the Building Systems Council’s (BSC) Showcase, which is the only national conference and educational event focused exclusively on the systems-built industry. As prnewswire informs MHProNews, Blue Ridge was honored as part of the 2016 …
Upscale Log Cabin Builder Honored at Building Systems Showcase Read More
In data reported by Calculated Risk Blog, the National Association of Home Builders (NAHB) tells MHProNews the price of framing lumber has declined since 2013 when lumber prices approached housing bubble highs because of higher demand and supply constraints. In the first quarter of 2014, prices did not rise as …
MHProNews has been informed that a collaboration beginning in Dec. 2015 between Champion Home Builders, Inc. and MHVillage will provide the opportunity for visitors to MHVillage to connect with Champion retailers across the country for availability of different models. Additionally, through its extensive network of manufactured home communities (MHC), MHVillage …
Champion Homes and MHVillage Link up to Market Homes Read More
Maryville, Tennessee-based Clayton Homes has reported a net income increase of 31.1 percent for Q3 2015, to $189 million, according to a regulatory filing, says nationalmortgagenews. A subsidiary of Berkshire Hathaway, revenue rose due to an eight percent increase this year in home unit sales. Additionally, profit grew because of …
Builder confidence in the single-family 55+ housing market rose for the sixth quarter in a row, according to what the National Association of Homebuilders (NAHB) tells MHProNews, as the 55% + Housing Market Index edged up three points to 60. Any number above 50 indicates confidence is good. As consumeraffairsreports, …
Housing Market Confidence Index for 55+ Homes Rises Read More
What’s New in public focused Manufactured HomeLivingNews.com From Condo to Upscale Manufactured Home Living – John & Joyce Walter, Oshtemo, MI – Inside MH Road Show Vide Olga Pecanac, Olga’s Place Pizza & Euro Restaurant, Westville, IN – U.S. Destination – Pure Fun! Reinventing HUD’s role in Quality Affordable Housing, …
Sunday Morning Recap-Manufactured Housing Industry News Nov. 1-Nov. 8, 2015 Read More
According to a National Association of Realtors (NAR) survey that tracked a year’s transactions through June, the share of first-time homebuyers fell to 32 percent from 33 percent last year, according to bloomberg. Historically, the rate is 40 percent, and now stands at a 28-year low. Increasing apartment rent, burdening …
MHProNews has learned from constructiondive that the latest National Association of Homebuilders (NAHB) Cost of Construction survey reveals the average construction cost of a single-family home, 2,802 square feet, has risen to $289,415, increasing from $95 per square foot in 2013 to $103 per sf today. Builders reported cost increases …
Price of New Single-Family Site built Home Rises over $120k to $468k Read More
Responding to House Financial Service Chairman Rep. Jeb Hensarling’s (R-TX) request for ideas on addressing poverty and home affordability, MHProNews and ManufacturedHomeLIvingNews publisher L. A. “Tony” Kovach documents HUD’s failure to promote manufactured housing as affordable housing. In Re-inventing HUD’s Role in Quality Affordable Housing, Kovach points out the percentage …
The Member of Parliament (MP) for Folkestone and Hythe, Damian Collins, says the United Kingdom has a situation, part of which is shared by the U. S.–a lack of homes to buy and a lack of affordable homes to rent, that could be alleviated using modular homes, as expressandstar tells …
British MP Urging Modular Homes Solution to Housing Shortage Read More
Updating a continuing story MHProNews last posted Oct. 9, 2015 regarding mandated sprinklers in new home construction in Maryland, modularhomecoach reports the legislation may have formed a rallying cry for on-site and off-site builders to join forces, and attempt to have the law rescinded. The regulation will cover manufactured homes …
Sprinkler Mandate in Maryland Dampening Home Building Read More
