home buyers

CFPB Tries to Clarify Know Before You Owe, but Lenders Still See Glitch

By / July 30, 2016 / Business, Finance, home buyers, Legal, Manufactured and Modular Housing News, regulation

  In an attempt to provide more clarity to lenders on the Consumer Financial Protection Bureau(CFPC)’s “Know Before You Owe” mortgage disclosure rule, the agency has proposed “additional tolerance provisions, clarified a partial exemption for housing finance agencies, extended the rule’s coverage to all cooperative units, and provided more clarity …

CFPB Tries to Clarify Know Before You Owe, but Lenders Still See Glitch Read More

MHARR Braces for EPA’s New Formaldehyde Ruling

By / July 28, 2016 / Announcements, home buyers, Legal, Manufactured and Modular Housing News, Manufactured Homes

The Environmental Protection Agency (EPA) is prepared to publish the final rule for national formaldehyde standards for composite wood products like particle board, hardwood plywood and MDF board (medium-density fiberboard), as the Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews. The final EPA standards are important for manufactured housing …

MHARR Braces for EPA’s New Formaldehyde Ruling Read More

Desire for Home Ownership Remains Strong

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

According to the Morning Consult Poll, buying a home remains a top priority for an overwhelming majority of Americans, according to what thehill tells MHProNews. Further, the National Association of Home Builders (NAHB) reports 82 percent of respondents feel owning a home is still a good investment. “The survey shows …

Desire for Home Ownership Remains Strong Read More

While Negative Perceptions of MH Persist, the Industry Grows says Seeking Alpha

By / July 29, 2016 / Advocacy, Business, Communities, Company News, Economy, home buyers, Manufactured and Modular Housing News, Manufactured Homes, RV, Trends

The glitz and glamor that attach to an ownership interest in businesses such as hotels, a race track or a small chain of upscale restaurants suddenly tarnishes for some when the investment being considered is manufactured home communities (MHCs).  While many think of them as “mobile home parks,” or in …

While Negative Perceptions of MH Persist, the Industry Grows says Seeking Alpha Read More

Pending Home Sales Index Inches Up in June

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

The National Association of Realtors (NAR) informs MHProNews June’s Pending Home Sales Index rose slightly from May, and now is at 111, its 26th consecutive month of reading above 100, the baseline used from 2001 when the index began. Any number above 100 means that homes are going to contract …

Pending Home Sales Index Inches Up in June Read More

Site-built Home Sales Looking Good. Can it Continue?

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

With the unemployment rate at 4.9 percent, benchmark 30-year fixed rate mortgage rates at 3.45 percent, down from 4.04 percent a year ago, 287,000 new hires in June, a 6.4 percent increase in new home sales year to date, and 1.6 percent growth May to June, one might think the …

Site-built Home Sales Looking Good. Can it Continue? Read More

Resident: Site Manufactured Homes on Vacant lots for Hillcrest Neighbors

By / July 26, 2016 / home buyers, Legal, Manufactured and Modular Housing News, Manufactured Homes, People

In a letter to the editor of Corpus Christi’s Caller Times, Nick Milam reinforces Andy Taubman’s previous suggestion that the city site manufactured homes on the numerous vacant lots they have seized for back taxes, and give them or sell them to public housing clients. Residents of the Hillcrest community …

Resident: Site Manufactured Homes on Vacant lots for Hillcrest Neighbors Read More

MHARR Continues Tirade over HUD/MHI/DOE Collusion

By / July 26, 2016 / Advocacy, Business, home buyers, Legal, Manufactured and Modular Housing News, Manufactured Homes

The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews the manufactured housing division at HUD waited beyond the last minute allowed to call for an Aug. 9 conference call of the Manufactured Housing Consensus Committee (MHCC) to discuss the Department of Energy’s (DOE) proposed rules. The Federal Advisory Committee …

MHARR Continues Tirade over HUD/MHI/DOE Collusion Read More

One Percent Down Could Put You in a Home

By / July 25, 2016 / Business, Finance, home buyers, Manufactured and Modular Housing News, Manufactured Homes

According to nationalmortgagenews, Chicago-based retail originator Guaranteed Rate has been offering 1% down mortgages through a new nationwide program. Called Double Match, the additional two percent is available through a down payment assistance program, and is completely forgivable for qualified borrowers. MHProNews understands the plan is applicable to condos, town …

One Percent Down Could Put You in a Home Read More

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

By / July 24, 2016 / Advocacy, Announcements, Business, Canada, Communities, Company News, Economy, Factory-Built Homes, Finance, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, Modular, regulation, RV, Stocks, Trends, Zoning

What’s New in public focused Manufactured HomeLivingNews.com The Aha! Moment – Entertainer’s Delight LifeStyle Model Home Video Tour Proud to be American, God Bless the USA, Lee Greenwood Music Video, Interview What’s New in Manufactured Housing Industry Professional News Trump’s acceptance speech unexpectedly draws favorable response on CNN. New Jersey …

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

New Jersey Home Improvement Firm Accused of $1.1 Million Fraud in Modular Home Scam

By / July 23, 2016 / Announcements, Business, Company News, Factory-Built Homes, home buyers, Manufactured and Modular Housing News, Modular

A Manahawkin, New Jersey construction company and two of its owners have been accused of bilking the federal government and Superstorm Sandy victims out of more than $1.1 million for work either not done or not completed. According to a complaint filed by the New Jersey Department of Community Affairs …

New Jersey Home Improvement Firm Accused of $1.1 Million Fraud in Modular Home Scam Read More

First Time Home Buyers Returned in June

By / July 22, 2016 / Business, Economy, home buyers, Manufactured and Modular Housing News, Trends

Marking the best month for existing home sales since Feb. 2007, the National Association of Realtors (NAR) reports homes sold at a seasonally-adjusted annual rate (SAAR) of 5.57 million homes in June, marking the fourth consecutive month of strong home sales. With an increase of over one percent from May, …

First Time Home Buyers Returned in June Read More

Petitioners in Ill. City Seek Special Use Permits for MH Sitings

By / July 21, 2016 / home buyers, Legal, Manufactured and Modular Housing News, Manufactured Homes, regulation

On the old business agenda of the Madison County Planning and Development Committee in Edwardsville , Illinois, its next meeting will consider the petition of a couple requesting a special use permit to continue the siting of their multi-section manufactured home “for a period not to exceed five years.” At …

Petitioners in Ill. City Seek Special Use Permits for MH Sitings Read More

Housing Starts, Single-family Home Construction Shows Promise in June

By / July 19, 2016 / Business, Economy, home buyers, Manufactured and Modular Housing News, Trends

The Commerce Department tells MHProNews that housing starts rose 4.8 percent in June to a seasonally-adjusted annual rate of 1.19 million. While the June rate was the highest since Feb., it was down from 1.21 million a year ago, according to philly. Meanwhile, construction of single-family homes increased 4.4 percent …

Housing Starts, Single-family Home Construction Shows Promise in June Read More

Builder Confidence Index Slips in July, but Still in Positive Territory

By / July 19, 2016 / Business, Economy, home buyers, Manufactured and Modular Housing News, Trends

The National Association of Home Builders (NAHB) tells MHProNews builder sentiment slipped from 60 to 59 in July, although economists had predicted it would remain at 60, the highest number it has hit so far this year. All three components of the index—current and future sales expectations and buyer traffic—slipped. …

Builder Confidence Index Slips in July, but Still in Positive Territory Read More

Large Religious Camp Seeking Manufactured Homes for Participants

By / July 19, 2016 / home buyers, Manufactured and Modular Housing News, Manufactured Homes

The Indian Springs Holiness Camp in Flovilla, Georgia plays out to its estimated 5,000 expected visitors when it closes after a ten day run July 24, a gathering that has been continuous for 126 years at the camp. Its 300 acres encompasses 120 cabins owned by individuals who stay there …

Large Religious Camp Seeking Manufactured Homes for Participants Read More

Seattle has Tiny Homes, but without Prices to Match

By / July 17, 2016 / Business, home buyers, Manufactured and Modular Housing News, Trends

According to government and industry figures, the median size of single-family, U. S. homes in 2015 was 2,521 sq ft. Anything less than 400 sq. ft. is considered “tiny”, and in general anything under 1,000 sq ft is considered small. In Seattle, where the median price of a single-family home …

Seattle has Tiny Homes, but without Prices to Match Read More

Sunday Morning Recap-Manufactured Housing Industry News July 10-July 17, 2016

By / July 16, 2016 / Advocacy, Announcements, Awards, Business, Communities, Company News, Economy, Factory-Built Homes, Finance, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, Modular, People, regulation, RV, Stocks, Trends

What’s New in public focused Manufactured HomeLivingNews.com Educator, Builder Compare Conventional House to Residential Style Manufactured Home Living & Quality Illinois Professional Couple Discover their Getaway Home near Florida’s top Beaches What’s New in Manufactured Housing Industry Professional News Section 8 vouchers good for buying manufactured home. CBO: U. S. …

Sunday Morning Recap-Manufactured Housing Industry News July 10-July 17, 2016 Read More

Pine Ridge Manufactured Home Community gets Green Light to Expand

By / July 15, 2016 / Announcements, Business, Communities, Company News, home buyers, Manufactured and Modular Housing News, Manufactured Homes

The Pine Ridge Mobile Home Park in Prince George, Virginia, just south of Richmond adjacent to I-295 received the blessings of the Prince George Board of Supervisors to expand the community by 131 home sites, bringing the total to 373. Michigan-based owner Sun Pool I LLC has agreed to install …

Pine Ridge Manufactured Home Community gets Green Light to Expand Read More

Senate Passes Bill to Allow MH Purchase with Section 8 Vouchers

By / July 17, 2016 / Advocacy, Announcements, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes

The Senate has passed H. R. 3700, as the Manufactured Housing Institute (MHI) informs MHProNews, the Housing Opportunity through Modernization Act (HOTMA), which will allow Section 8 vouchers to be used for the purchase of a manufactured home (MH). The House of Representatives passed the legislation in February, and President …

Senate Passes Bill to Allow MH Purchase with Section 8 Vouchers Read More

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