A Shawnee, Oklahoma manufactured home community is in flux after a series of missteps. According to Red Dirt Report, a number of residents of the Rolling Acres Mobile Home Park were outraged recently when they received a 60-day eviction notice. They are considering a lawsuit after Shawnee attorney Kent Massey …
Noteworthy headlines on CNNMoney – FUBU CEO Stop and Frisked “Maybe 20 Times. U.S.: Wells Fargo Mistreated Military Members. WSJ Columnist Calls Trump “Unstable.” Why The Federal Reserve Isn’t Political. From WSJ: Ghost of Lehman Brothers Haunts Deutsche Bank. Some bullets from MarketWatch – ‘Housing party’ in the U.S. may be coming …
Houston County, MN commissioners chose to opt out of a recently enacted state law at their meeting on September 20th. Minnesota statute 394.307 (signed into law on May 12) “defines and regulates temporary family health care dwellings on residential property,” Houston County zoning administrator Aaron Lacher told the commissioners. According …
County Zoning Administrator Aaron Lacher Opting Out “Granny Pod” Law Read More
Home prices in the Vancouver, British Columbia (B.C.) metro are expensive. The average price for a detached home in the Fraser Valley, for example, is $900,000. A typical condominium can set you back $248,000. Compare that to the typical manufactured home in B.C., which sells for around $80,000. According to …
Wells Fargo’s CEO, John G. Stumpf, has been called by Warren Buffett about recent events, according to Fox Business. Noteworthy headlines on CNNMoney – Wells Fargo worker retaliation claims rile up Congress. Lawmakers: Wells Fargo a ‘criminal enterprise’ like Enron. U.S. warns Samsung washing machine owners after explosion reports. The worker …
Wells Fargo Chairman/CEO Grilled, Buffett speaking out, All Markets Down Read More
Work started this month on a new clubhouse and community center for Sterling Estates, a manufactured home community in Adrian Michigan, 72 miles southwest of Detroit. “We had a need for this, so it’s good to see work on it finally begin,” said Sterling Estates owner, Germano Mularoni. “This was …
Manufactured Home Community grabs positive media via New Clubhouse Construction Read More
Noteworthy headlines on CNNMoney – CA Punishes Wells Fargo with Sweeping Sanctions. OPEC Cuts Production, Oil Surges – 35% of Student Loan Defaults From For-Profit College Students. Some bullets from MarketWatch – City-by-city look as house-price gains slow. White House calls Congress veto of 9/11 bill ’embarrassing’. China’s richest man warns of …
Noteworthy headlines on CNNMoney – Debate most watched in history. Fed under attack, but still profitable for taxpayers. U.S. probes Wells Fargo whistle blower complaints. Some bullets from MarketWatch – Congress deadlocked over funding bill as government shutdown looms. Chesapeake Energy’s stock plunges as Carl Icahn loses interest. Nike stock down 4%. …
Market Rebounds, Manufactured Home Index Down, But Drew and Patrick Up On Executive Moves Read More
The saga of the legality of placement of tiny houses continues to play out throughout the United States. Coconino County, in north-central Arizona, is one such place. Amanda Acheson, Sustainable Building Program Manager for Coconino County, said she is contacted an average of once per day by someone either interested …
New Rules for Tiny Houses crafted, Manufactured Housing Connections Read More
“I accept fully responsibility for all unethical sales practices,” Wells Fargo Chairman and CEO John Stumpf said in a prepared statement on Capitol Hill yesterday, testifying before the Senate Banking Committee. As millions have heard, 5,300 workers were fired and the company agreed to pay $185 million in fines to …
Wells Fargo and the CFPB – Who are Feds Working for – Consumers? Business? Itself? Read More
“Using the dream of homeownership to trick consumers out of their hard-earned money is just plain wrong,” North Carolina Attorney General Roy Cooper said. “My office is here to protect consumers from these misleading and fraudulent business tactics.” Cooper filed suit against George Henry Smith of Robeson County, for collecting …
Lauren Urbanek, writing for the Natural Resources Defense Council (NRDC), is among the recent writers and policy advocates expressing their support for the Department of Energy (DOE) proposed revised standards for manufactured housing (MH). Building on a report on the American Council for an Energy-Efficient Economy (ACEEE) done by Senior Policy …
A recent study by the National Association of Home Builders (NAHB) indicates that an average of some 24.3 percent of the price of a new house can have that cost traced back to regulatory impact. The NAHB study reflects costs of regulations from all levels of government: local, state and …
NAHB Report – High Cost of Regulations Impact Housing – and Manufactured Housing Read More
According to indiancountrytodaymedianetwork, the 2015 Home Mortgage Disclosure Act reveals Quicken Loans of Michigan has replaced Wells Fargo Bank as the top lender to Native Americans with $283 million in lending. San Francisco-based Wells slipped to second place with $276 million in lending, while Mid America Mortgage of Addison, Texas …
Native Americans Rack up $1.7 Billion in Mortgages as of Aug. 11 Read More
What’s New in public focused Manufactured HomeLivingNews.com Tiny Houses Owners face Big Legal Trouble? What’s New in Manufactured Housing Industry Professional News Financial Services Committee says Dodd-Frank is damaging. YES! Communities redistributes assets. Private enterprise ready to supply modular buildings to flooded LA. MHI, MHARR spar with DOE, as MHI …
Sunday Morning Recap-Manufactured Housing Industry News Aug. 14-Aug. 21, 2016 Read More
In response to the July 17 proposed rule on “Energy Conservation Standards for Manufactured Housing” from the Department of Energy (DOE), the Manufactured Housing Institute (MHI) sent a letter expressing concerns that the new rule would raise the price of manufactured homes. MHI also suggested the DOE “establish a clear …
MHI, MHARR, Leaked documents and DOE proposal, plus MHI on New Section 8 Vouchers Read More
Santiago Villa manufactured home community was built in the 1960s as an affordable retirement community for those 55+ in Mountain View, Calif., long before the onset of Google, Microsoft and LinkedIn. Now, however, since management has allowed families to move in, senior residents see their community colonized by corporate employees. …
Manufactured Home Community Bordering Google Transforming into Tech Town Read More
MHProNews has learned from constuctiondive that the median size of new U. S. single-family homes fell nearly three percent from Q1 2016 to Q2 2016, slipping from 2,465 sq ft to 2,392 sq ft. On a one-year moving average, however, median home size has actually risen 16 percent, according to …
Inventory of Entry-level Homes may finally be Rising Read More
While June home sales in California hit nearly a four-year high, they dropped sharply in July from June, according to housingwire, due to low inventories and decreasing affordability reports the California Association of Realtors (CAR). Sales of existing single-family detached homes in June hit a seasonally adjusted annual rate (SAAR) …
The rate of housing starts in July rose to its highest level in six months, plus 2.1 percent overall to a seasonally adjusted annual rate (SAAR) of 1.21 million from 1.19 million in June, according to numbers from the Commerce Department reported by usnews. The bulk of the gain came …
Home Construction Continues its Slow but Steady Incline Read More
