home buyers

Modular Homes Challenged in Cape Coral, Florida

A group opposing modular homes in Cape Coral, Florida, intends to state its opposition at the city council meeting, according to what fort-myers-beach-observer tells MHProNews, alleging that the lower cost and energy efficient homes will reduce the value of neighboring homes. Council member Richard Leon wants the state to allow …

Modular Homes Challenged in Cape Coral, Florida Read More

Sunday Morning Recap-Manufactured Housing Industry News Oct. 11-Oct. 18, 2015

What’s New in public focused Manufactured HomeLivingNews.com Pets, Vets, Single Parenting, Student Debt and The Manufactured Home Solution! Take the Manufactured Home Quiz! Weathering the Storms: How Manufactured Homes Can Do It Better What’s New in Manufactured Housing Industry Professional News Marin County seeking more affordable housing. UFPI, Skyline post …

Sunday Morning Recap-Manufactured Housing Industry News Oct. 11-Oct. 18, 2015 Read More

Modular Homebuilding can be Quite Varied

Addressing the notion that many people think “mobile home” when modular home is mentioned, modularmusings tells MHProNews that Bill Gassett, in an article entitled Maximum Exposure Real Estate Blog on the Pros and Cons of Modular Homes, says that customization is not available in modular home building. Noting the need …

Modular Homebuilding can be Quite Varied Read More

Government-Sponsored Enterprise Stabilizes $1 Billion of Affordable Housing

Freddie Mac multifamily has financed $1 billion in manufactured housing community loans in 18 months, according to what marketwired tells MHProNews. These are loans made to manufactured home community (MHC) owners, representing over 25,000 home sites in 23 states. “MHC loans are an example of how we are serving new …

Government-Sponsored Enterprise Stabilizes $1 Billion of Affordable Housing Read More

Tony CA County Seeking more Affordable Housing

Marin County officials are seeking methods to either build or maintain affordable housing in this very pricey neighborhood of the San Francisco Bay, according to nationalmortgagenews. At a workshop on housing in the Chambers of the Board of Supervisors, there were many proposals from the overflow citizenry, but the county …

Tony CA County Seeking more Affordable Housing Read More

Manufactured Home Community Sold, being Upgraded

The Mission Trailer Park in downtown San Luis Obispo, CA which opened in the 1940s, has been sold and vacated, and after undergoing extensive infrastructure work will reopen with new manufactured homes as Mountain View Terrace. The county assessor’s office indicates the new owner is Higuera Commons LLC, a private …

Manufactured Home Community Sold, being Upgraded Read More

Passages: Kenneth S. Clark, Sr., Nanticoke Chief Red Deer

A significant player in the negotiation and adoption of many provisions of the Delaware Manufactured Home Owners and Community Owners Act, Kenneth S. Clark Sr., Nanticoke Chief Red Deer, passed away at home on his ancestral grounds near Millsboro, Oct. 9, 2015, at 84. The son and grandson of Nanticoke …

Passages: Kenneth S. Clark, Sr., Nanticoke Chief Red Deer Read More

Residential and Commercial Construction Workers in Short Supply

With employment in the construction industry falling by 2.3 million from 7.7 million between 2006 and 2011, and remaining 1.3 million below its peak, builders are hampered trying to find qualified workers. The would-be construction workers who came of age during the Great Recession and aftermath sought employment elsewhere. Construction …

Residential and Commercial Construction Workers in Short Supply Read More

California Home Value Increase Slowing

MHProNews has learned from mapmag, the California Association of Realtors Chief Economist Leslie Appleton-Young stated that house price increases will be at the lowest rate since 2011. She predicts in 2016 the median price of a detached house will rise by 3.2 percent to $491,300, which is less than half …

California Home Value Increase Slowing Read More

Mortgage Industry Pushing for Four-month Grace Period from TRID

As the TRID (Truth in Lending Act, or TILA) and the Real Estate Settlement Procedures Act (RESPA) Integrated Disclosure rules went into effect last week–also known as “Know Before you Owe”– mortgage industry groups continue to ask for a grace period of four months from enforcement actions and private lawsuits. …

Mortgage Industry Pushing for Four-month Grace Period from TRID Read More

Sunday Morning Recap-Manufactured Housing Industry News Oct. 4-Oct. 11, 2015

What’s New in public focused Manufactured HomeLivingNews.com Kim Capen Medville ROC – MH Appreciation and the Senior Community Lifestyle What’s New in Manufactured Housing Industry Professional News MH Production continues rising. Maryland county shuns sprinklers. Doug Ryan remains oppositional. Clayton adds site-built homes. MHI elects new officers. ELS and Killem …

Sunday Morning Recap-Manufactured Housing Industry News Oct. 4-Oct. 11, 2015 Read More

Clayton Acquires Georgia-based Site-built Homebuilder

From knoxnews MHProNews has learned Clayton Homes, of Maryville, TN has acquired Georgia-based Chafin Communities, a residential community developer and home builder for an undisclosed price, adding Clayton to the site-built industry. Keith Holdbrooks, president of the Clayton home building group, said, “It means that we are expanding our home …

Clayton Acquires Georgia-based Site-built Homebuilder Read More

Doug Ryan, CFED, HR 650/S 682 and Manufactured Home Lending

Writing in an Industry in Focus report, MHProNews publisher L. A. ‘Tony’ Kovach lines up various references and witnesses to call publicly upon CFED’s Doug Ryan to modify its opposition to the Preserving Access to Manufactured Housing Act (HR 650/S 682). Citing Barney Frank, Marty Lavin, research done by Jan …

Doug Ryan, CFED, HR 650/S 682 and Manufactured Home Lending Read More

Four of Top Ten Cities with Mortgages by Millennials are in Louisiana

CNNMoney tells MHProNews Millennials are finally coming up out of their parents’ basements and buying homes. The ten cities with the most percentage of Millennials taking out mortgages, are: Des Moines has low home prices and job growth, making it one of the destinations for Millennials, followed by Provo, Utah, …

Four of Top Ten Cities with Mortgages by Millennials are in Louisiana Read More

Maryland County Seeking to Douse Sprinkler Law

At a meeting of the Dorchester County Council in Maryland, discussion focused on opting out of the state’s mandated sprinkler system requirement for new homes. The regulation also covers manufactured homes that relocate, and will need to be retro-fitted with sprinklers, according to what dorchesterbanner tells MHProNews. Adding sprinklers to …

Maryland County Seeking to Douse Sprinkler Law Read More

Leading Community Operator Wants to Buy Manufactured Home Retail location

MHProNews has learned manufactured home community (MHC) owner UMH Properties, Inc. (NYSE:UMH) is seeking to acquire MH retail dealerships within two hours of one of their communities, and would retain current employees. Their communities are located in Tennessee, Indiana, New York, Ohio, Pennsylvania, Michigan and New Jersey. In business since …

Leading Community Operator Wants to Buy Manufactured Home Retail location Read More

Student Built Modular Home will House Habitat for Humanity Family

A modular home currently under construction at Botetourt Technical Education Center in Roanoke, Virginia may wind up as a Habitat for Humanity home, as Habitat representatives attempt to solidify a partnership with the school, roanoke tells MHPronews. While they have not yet located a lot for the house, this will …

Student Built Modular Home will House Habitat for Humanity Family Read More

Planning Board Denies Siting of Modular Home

Maine Modular Manufacturing Homes owner Scott Gove requested a special exemption building permit for a client couple who want to build a modular home on 2.7 acres of family land in Lincoln County, Maine, but the Edgecomb Planning Board denied the building permit application, according to wiscassetnewspaper. After reviewing the …

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Manufactured Homes Included in New Mexico Home Buyer Assistance Program

New Mexico’s Mortgage Finance Authority (MFA) has set up a new program, Next HOME, which expands down payment and closing cost assistance, inclusive of buyers who already own a home, according to lcsun-news. Teri Baca, with MFA, says, “Next HOME allows move-up buyers with annual incomes up to $75,000 to …

Manufactured Homes Included in New Mexico Home Buyer Assistance Program Read More

Sunday Morning Recap-Manufactured Housing Industry News Sept. 27-Oct. 4, 2015

What’s New in public focused Manufactured HomeLivingNews.com Weathering the Storms: How Manufactured Homes Can Do It Better A Surprising Solution to America’s Quality Affordable Housing Crisis Whispering Pines Manufactured Home Community – Somerset PA, Inside MH Video What’s New in Manufactured Housing Industry Professional News FHFA to roll out MH …

Sunday Morning Recap-Manufactured Housing Industry News Sept. 27-Oct. 4, 2015 Read More

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