Manufactured and Modular Housing News

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.

Manufactured Home Project Draws Ire of Legislators, Constituents

By / November 24, 2015 / Advocacy, Communities, Legal, Manufactured and Modular Housing News, Manufactured Homes, People

Responding to a letter sent by Santa Barbara (Calif.) Mayor Helene Schneider regarding the Punta Gorda manufactured housing (MH) project, State Senator Hannah Beth-Jackson (D-Santa Barbara) and Assemblymember Das Williams (D-Carpinteria) released a statement indicating some displeasure with the project, according to noozhawk. Sen. Jackson, noting the importance of community …

Manufactured Home Project Draws Ire of Legislators, Constituents Read More

Modular Home Builders Try to Stimulate the Industry

By / November 23, 2015 / Advocacy, Business, Factory-Built Homes, home buyers, Manufactured and Modular Housing News, Modular, Trends

In lieu of the drop in single-family modular home construction, modularhomecoach tells MHProNews a sizable gathering of factory owners and top management will meet for a Round Table in Lewisburg, Pennsylvania Dec. 3 to plan steps for reversing the downhill trend and improve public perception of modular homes. Modular homes …

Modular Home Builders Try to Stimulate the Industry Read More

MHCV Rises +1.99 Percent, besting Dow, NASDAQ and S&P

By / November 23, 2015 / Business, Manufactured and Modular Housing News, Stocks

In the news from CNNMoney: OPEC kingpin Saudi Arabia keeps oil prices low, squeezing U. S. shale markets. Chipotle closing stores following E. coli outbreak. Pfizer and Allergan combine to create largest drug manufacturer. Britain buying Boeing planes to counter ISIS and Russia. Ikea donating percentage of profits to refugees. …

MHCV Rises +1.99 Percent, besting Dow, NASDAQ and S&P Read More

Wildfires Open Door to Flooding and Mudslides—if California does Get Rain

By / January 22, 2016 / Manufactured and Modular Housing News, Manufactured Homes

Updating the story last reported Nov. 4, 2015 that MHProNews has been following concerning the clean-up and rebuild going on in the wake of the Valley and Butte wildfires in California, the new threat to the area, with all the underbrush and vegetation gone, is the possibility of flooding within …

Wildfires Open Door to Flooding and Mudslides—if California does Get Rain Read More

New Ordinances for MH Communities One Reading Away

By / November 22, 2015 / Communities, home buyers, Legal, Manufactured and Modular Housing News, Manufactured Homes, regulation, RV

After five years of debate and rewriting of manufactured home standards for communities, the Laramie (Wyoming) City Council is one reading away from passing ordinances pertaining to manufactured home communities (MHC), with a final reading set for Dec. 1. They allow pre-HUD Code homes to be moved within a community, …

New Ordinances for MH Communities One Reading Away Read More

Sunday Morning Recap-Manufactured Housing Industry News Nov. 15-Nov. 22, 2015

By / November 21, 2015 / Advocacy, Business, Communities, Company News, Economy, Factory-Built Homes, Finance, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, Modular, RV, Stocks, Trends

What’s New in public focused Manufactured HomeLivingNews.com HUD Secretary Julian Castro praises Quality, Safe and Affordable Manufactured Homes From Condo to Upscale Manufactured Home Living – John & Joyce Walter, Oshtemo, MI – Inside MH Road Show Vide What’s New in Manufactured Housing Industry Professional News HUD Secretary Castro Lauds …

Sunday Morning Recap-Manufactured Housing Industry News Nov. 15-Nov. 22, 2015 Read More

Palo Alto Levying Millions on Manufactured Home Community for Closing

By / November 23, 2015 / Advocacy, Business, Communities, Company News, Legal, Manufactured and Modular Housing News, Manufactured Homes, mobile home, People

MHProNews published a story on October 18, 2013 reporting that the owners of California’s Buena Vista Mobile Home Park, the Jissers, were interested in selling the community of 104 homes for possibly over $30 million if their plan is approved by the city of Palo Alto, where the median home …

Palo Alto Levying Millions on Manufactured Home Community for Closing Read More

Patrick Board Member Welch Acquires 9,800 Shares of Stock

By / November 21, 2015 / Business, Company News, Finance, Manufactured and Modular Housing News, Manufactured Homes, RV

MHProNews has learned from indsidertradingreport that M. Scott Welch, a board member of Patrick Industries, Inc., purchased 9,800 shares of company stock at $39.71 per share for a net of $ 391,353.44 on Nov. 18, 2015 and was disclosed to the Securities and Exchange Commission on Nov. 20,2015. As MHProNews …

Patrick Board Member Welch Acquires 9,800 Shares of Stock Read More

Housing Starts Fall in October, while Building Permits Rise

By / November 20, 2015 / Business, Economy, home buyers, Manufactured and Modular Housing News, Trends

Following numbers from the National Association of Home Builders (NAHB) that show builder confidence slipped three points in October, zacks tells MHProNews that figures released by the Department of Housing and Urban Development (HUD) and the Census Bureau reveal housing starts in October dropped 11 percent to a seasonally-adjusted annual …

Housing Starts Fall in October, while Building Permits Rise Read More

Dow up +3.35% on Week; MHCV Rises +1.66 Percent

By / November 20, 2015 / Business, Manufactured and Modular Housing News, Stocks

In the news from CNNMoney: Abercrombie & Fitch stops sexualized marketing, stock rises. New E coli fears at Chipotle downs stock. More Mexicans leaving U. S. than coming to the U. S. Soon, one Euro will equal one dollar. China busts $64 billion underground banking ring. French economy may suffer …

Dow up +3.35% on Week; MHCV Rises +1.66 Percent Read More

HUD Secretary Castro Praises Manufactured Home Industry

By / November 23, 2015 / Advocacy, Economy, home buyers, Manufactured and Modular Housing News, Manufactured Homes, People, Trade Shows

In a video address to the Manufactured Housing Institute’s (MHI) National Communities Council (NCC) Fall Leadership Forum, Department of Housing and Urban Development (HUD) Secretary Julian Castro, calling HUD “The Department of Opportunity,” praised the manufactured home industry for “giving more families access to quality, safe and affordable housing.” The …

HUD Secretary Castro Praises Manufactured Home Industry Read More

Dublin Maintains Modular Homes will be Ready by Christmas

By / November 20, 2015 / Business, Factory-Built Homes, Manufactured and Modular Housing News, Modular

Following the ongoing story of providing modular homes for the homeless in Dublin, Ireland, as MHProNews posted last on Oct. 28, 2015, although the government has not chosen a builder, or builders yet, Environment Minister Alan Kelly still maintains it will meet the Dec. 21 deadline for siting the first …

Dublin Maintains Modular Homes will be Ready by Christmas Read More

Crime Prevention Techniques Targeted to Manufactured Home Communities

By / November 19, 2015 / Communities, Manufactured and Modular Housing News, Manufactured Homes

In an attempt to help keep illegal activity off rental property, the Cañon City (Colorado) Police Department (CCPD) Crime Prevention Unit became licensed to implement Crime Free Programs to bolster partnerships between law enforcement and owners and managers of rental properties. According to what canoncitydailyrecord tells MHProNews, the Crime Free …

Crime Prevention Techniques Targeted to Manufactured Home Communities Read More

3D Printing Modular Homes using Mystery Ingredient may be Fraudulent

By / November 19, 2015 / Business, Company News, Factory-Built Homes, Manufactured and Modular Housing News, Modular

Updating a story MHProNews brought you July 17, 2015, concerning a 3D printing press that manufactures modular housing using a secret ingredient by the Zhuoda Group in China, cz reports it is China’s most recent suspected fraud. In China, regulation is not keeping pace with the proliferation of financing schemes …

3D Printing Modular Homes using Mystery Ingredient may be Fraudulent Read More

Dover Excludes Manufactured Housing but Allows Modular Homes

By / November 19, 2015 / Factory-Built Homes, home buyers, Legal, Manufactured and Modular Housing News, Manufactured Homes, Modular, regulation

Following complaints that a newly-issued building permit would allow a manufactured home to be sited on property specified for single-family permanent homes, doverpost reports the Dover (Delaware) City Council agreed to amend city ordinances. While the permit will not be amended, council was asked to change the definition of “one-family …

Dover Excludes Manufactured Housing but Allows Modular Homes Read More

After Yesterday’s Gains, Stocks Relatively Quiet Today

By / November 19, 2015 / Business, Manufactured and Modular Housing News, Stocks

In the news from CNNMoney: Subway Pitchman Fogle gets 15+ years. Music streaming supplier Spotify gives new parents 6 months off. Nation’s largest insurer, United Health, may leave Obamacare. U. S. gender pay gap is getting worse. Applications for unemployment benefits dropped 5,000 last week to 271,000. Australia blocks sale …

After Yesterday’s Gains, Stocks Relatively Quiet Today Read More

City Council Overrides Mayor’s Veto over Manufactured Housing

By / November 19, 2015 / Legal, Manufactured and Modular Housing News, Manufactured Homes, People, regulation

A proposal that adds a definition for the 19 manufactured home communities (MHC) to the city’s Comprehensive Plan, and was passed by the Spokane (WA) City Council, was vetoed by Mayor David Condon. An hour later, the council overrode his veto, as spokesman tells MHProNews. Councilman Jon Snyder, who helped …

City Council Overrides Mayor’s Veto over Manufactured Housing Read More

Housing Market Index slips for Single-family Homes

By / November 19, 2015 / Business, Economy, home buyers, Manufactured and Modular Housing News, Trends

Falling from a ten-year high of 65 in October, the National Association of Home Builders tells MHProNews the housing market index dropped three points to 62, falling below The Wall Street Journal consensus estimate by a point. Any number over 50 indicates builders of single-family homes are optimistic. ”The November …

Housing Market Index slips for Single-family Homes Read More

California Utilities Upgrading Service to Manufactured Home Residents

By / November 19, 2015 / Business, Communities, Manufactured and Modular Housing News, Manufactured Homes

Following the San Bruno natural gas pipeline explosion in California, Gov. Jerry Brown signed legislation to improve safety of the lightly regulated natural gas and propane distribution piping systems at manufactured home communities (MHC), of which there are 5,000 in the state housing one million people. The first conversion of …

California Utilities Upgrading Service to Manufactured Home Residents Read More

Patrick Industries Veep Purchases Company Stock

By / November 18, 2015 / Business, Company News, Manufactured and Modular Housing News, Manufactured Homes, RV

According to financialmagazin, Executive Vice President and Chief Financial Officer of Patrick Industries, Inc. (NASDAQ:PATK) Andy Nemeth purchased 8,000 shares of company stock at $38.20 per share for a net value of $305,797. Nemeth now owns 76,999 shares which comprise 0.50 percent of the outstanding shares of the company. Meanwhile …

Patrick Industries Veep Purchases Company Stock Read More

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