News Reports: Housing news updates and reports for Manufactured Home and Modular Housing Industry professionals and investors. Business – daily fact checks, market reports, and analysis.
Tedd Benson at Bensonwood in Walpole, New Hampshire approaches modular home design by considering the function and usable life of six distinct interconnected layers: site, structure, skin, space plan, systems, and stuff, as treehugger informs MHProNews.. The structure is designed to last 300 years, wrapped in an extremely-efficient thermal envelope, …
In the news from CNNMoney: Oil, trading around $31/bbl, could drop to $20/bbl. Buick developing 400 HP concept car. Following a brutal first week, China’s stocks dropped another 5.3 percent on the first day of the week. Playboy mansion on the block for $200 million. Rolls Royce sales plummet in …
Dow Changes Direction; Several MH-related Stocks Look Up Read More
Following MHProNews‘ post regarding the city of Dublin, Ireland’s embattled attempts to provide modular housing for the homeless, Sandra Devlin of the Finglas Action Group that opposes the proposed 40 housing units on St. Helena Drive said there is a breach of constitutional rights, and the issue will be taken …
Protests Mount against Modular Homes for the Homeless in Dublin Read More
The National Association of Real Estate Investment Trust’s (NAREIT) Senior Vice President for Research and Information, Brad Case, said in 2015 stock exchange-listed equity REITs outperformed most other asset classes, even though the year was not particularly strong for REITs. Noting that December was a microcosm of the 2015, Case …
What’s New in public focused Manufactured HomeLivingNews.com What PBS NewsHour Missed About Manufactured Home Living Nicole Barker compares her Modular Home with conventional construction What’s New in Manufactured Housing Industry Professional News FHFA may securitize chattel loans. PBS NewsHOur critical of MH industry, as HUD Code production gains sharply in …
Sunday Morning Recap-Manufactured Housing Industry News Jan. 3 -Jan. 10, 2016 Read More
The Manufactured Housing Institute informs MHProNews the Federal Housing Finance Agency (FHFA) is seeking comments on its published notice regarding a secondary market for manufactured home loans. While the proposal does not require Fannie Mae and Freddie Mac (the government-sponsored enterprises) to purchase chattel loans, only that they “may” consider …
FHFA “May” Open the GSE Door to Purchase MH Chattel Loans Read More
The nominating committee for the inductees into the RV/MH Hall of Fame had to narrow down a field of 72 to ten people, as MHProNews understands. The Board of Directors of the Heritage Foundation hereby presents the Class of 2016: Gary Bunzer, Bunzer Consulting, 40 years as an RV training …
In the news from CNNMoney: Nevada casinos lose $662 million as gamblers pass on the deal. Black unemployment falls to lowest rate since 2007. Economy adds 292,000 jobs in Dec. 2015, 2.65 million jobs in 2015. Old Navy sales plunge. Nearly half of U. S. stocks are in a bear …
Dow Continues its Fall; Most MH-related Stocks Follow Suit Read More
MHProNews has been informed by Marcus & Millichap that the real estate investment services firm has arranged the sale of Oak Meadows Mobile Home Park in Lakeland, Fla. for $1,125,000. Dan Mulkey of M&M’s Tampa Bay office represented both buyer and seller in the transaction. The 9.8 acre manufactured home …
Marcus & Millichap Arrange sale of Fla. Manufactured Home Community Read More
Calling modular homes a “death sentence” to the housing market, realtors in Cape Coral say they hurt property values and the entire housing market, according to fox4now. One realtor, Jay Lagace, called it a travesty for the city of Cape Coral, noting it is on right on the gateway to …
Controversy Escalates over Modular Homes in Cape Coral Read More
Regarding the finalized rule recently updated by the Consumer Financial Protection Bureau (CFPB) dealing with the reporting requirements of the Home Mortgage Disclosure Act, the agency now wants public feedback “on the resubmission of mortgage lending data reported under the new regulation,” according to housingwire. MHProNews understands the goal of …
CFPB Seeks Feedback on the Home Mortgage Disclosure Act Read More
The 7,000 square foot duplex condominium penthouse once owned by Richard Klarchek, former head of Chicago-based Capital First Realty, which owned a portfolio of manufactured home communities (MHCs) around the Midwest, sold for $4.25 million last month, according to chicagobusiness. It came on the market in Feb. at $6.4 million. …
MHProNews has learned from Marcus & Millichap that Dan Mulkey, vice president investments in the firm’s Tampa Bay office, arranged the sale of Livingston Mobile Home Park in Lutz, Fla. The 65 home site manufactured home community (MHC), set on ten acres, sold for $1,465,000 to a Tampa-based buyer who …
As the Dow has the worst four day start to the year on record, losing 900 points, the devaluation of the yen is mindful of what happened in August that sent U. S. stocks, as well as markets in other countries, into turmoil. Combined with the “devaluation” of oil markets …
Dow Starts the New Year down 900 points; Most MH-related Stocks Fall, Two Rise Read More
MHProNews has leaned from prnewswire that Clayton Homes has partnered with AB Electrolux to offer a complete selection of refrigerators, dishwashers, ovens, washing machines and other household appliances as options for its homes. Each of Clayton’s 36 facilities across the U. S. will be outfitted with Electrolux products. Clayton CEO …
Updating the story MHProNews last posted Dec. 12, 2015 regarding the clean-up of debris from the wildfires in northern California, Fire Recovery Coordinator Carol Hutchingson said 21 Federal Emergency Management Agency (FEMA) manufactured homes (MH) have been sited in Lake County. Most of them are at Lake Village Estates in …
According to a report Monday from the El Paso County Public Trustee’s Office in Colorado Springs, Colorado foreclosure activity dropped to a 14-year low in 2015, as 1,470 foreclosure notices went out to area property owners, the fewest since 1,165 went out in 2001. MHProNews has learned from nationalmortgagenews that …
Following the on-again, off-again development of modular homes to house the homeless at a variety of locations in Dublin, Ireland, as MHProNews last reported Dec. 18, 2015, the plan to have 22 modular homes ready by Christmas on Balbutcher Lane in the Ballymun district was stalled for a week by …
Completion of Modular Homes in Ballymun Set for mid-January Read More
In the news from CNNMoney: Odds of winning Powerball are worse than last year. 181,000 drones registered with the FAA in two weeks. Oil falls below $34/bbl. Dow loses 252 points, closing below 17,000 for first time since mid-October. North Korea says it exploded a hydrogen bomb. Macy’s to cut …
A press release from Capital One reveals it has arranged a $3.27 million Fannie Mae adjustable-rate loan for the purchase of Sierra Mobile Home Park in Santa Clarita, California. The seniors-only community has 74 home sites and features a clubhouse, pool and laundry room. Senior Vice President Chad Thomas Hagwood, …
Capital One Provides Loan for Purchase of Calif. Manufactured Home Community Read More
