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.
The village of Somers, Wisconsin has issued 17 violations against the Alfred and Embassy Mobile Home Park for bad skirting, dangerous stairs, tall weeds, and junk in the middle of the street that could block first responders, according to kenoshanews. Trustee Joe Cardinali said the general appearance of the community …
Manufactured Home Community Hit with Multiple Violations Read More
Following a story MHProNews posted July 9, 2015 regarding the Huntsville (Texas) City Council initial vote to prohibit manufactured homes from being sited inside the city limits, unless they are in a manufactured home community, opposition to the vote has surfaced. Due to be finalized at the July 21 city …
Huntsville City Council to Vote on Prohibiting Manufactured Homes from City Read More
In the news from CNNMoney: Oil prices fall as deal with Iran approaches. Landscape architects cashing in on California drought. Half of Americans are saving very little. Walmart CEO states the company is a ladder of opportunity. Oregon passes legislation to offer free community college. Meanwhile, the Yahoo Manufactured Housing …
Patrick Industries Advances Smartly; Dow Regains more Lost Ground; MHCV Edges up Read More
According to dailyherald, a shortage of buildable lots is the latest blow to what has become a modest housing recovery, the National Association of Home Builders (NAHB) tells MHProNews, as 62 percent of home builders say the availability of lots is low to very low in their areas. This marks …
Buildable Lots Shortage Indicates continuing Tepid Housing Recovery Read More
A resident at the Misty Mobile Home Park in Rupert, Idaho claims water pressure in her manufactured home (MH) is sometimes so low she is unable to flush the toilet or take a shower, especially on weekends. She also says raw sewage sometimes seeps from pipes outside. According to magicvalley, …
Manufactured Home Community Resident Complains of Water, Sewer Issues Read More
What’s new in Manufactured HomeLivingNews.com http://manufacturedhomelivingnews.com/semper-fi-video-patriotic-4th-of-july-with-marine-manufactured-home-owner-james-hodges-new-durham-estates-westville-in/ What’s new in Manufactured Housing News Production of MH continues to rise, a Supreme Court ruling may challenge rights of community owners, while Wells Fargo pursues MHC financing. Grand opening of MHC celebrated in Michigan, community converts to resident-owned in Northeast, and record attendance …
According to the National Association of Real Estate Investment Trusts (REIT), in the first six months of 2015 manufactured homes were the REIT industry’s best performers, posting a 3.75 percent return. Self storage REITs came in a close second at 3.72 percent. Apartments gained +0.82 % during the first half, …
The Wilkesboro (North Carolina) Town Council updated codes and ordinances that apply to new manufactured home communities (MHCs), including an amendment requiring approval by the Wilkesboro Board of Adjustments (BOA). Ordinances were last updated in the 1960s. Under the amended ordinance, there can be no more than five MH per …
North Carolina City Updates Manufactured Home Community Regulations Read More
Several residents of The Woodlands manufactured home community (MHC) in Lockport, New York were told two years ago that the owner of their community would repair cracks that had begun appearing in the walls, ceilings and floors of their manufactured homes (MH). Although Equity LifeStyle Properties owns the community, but …
Work has Begun to Repair Manufactured Homes in Land Lease Community Read More
In the news from CNNMoney: Iraq is pumping more oil than ever. Fed Reserve head says rate hike will come later this year. Germans want PM Merkel to say no to Greece. The number of publicly traded stocks has dropped from 7,562 in 1998 to 3,812 today. Meanwhile, the Yahoo …
Nearly all Tracked Manufactured Housing Stocks Rise, as did the MHCV Read More
Chapter 40B, Massachusetts’ comprehensive permit law, which encourages the production of affordable housing, allows developers of low cost housing to override some local zoning laws if the affordable housing stock of the community does not equal ten percent of total homes. Specifically, the new housing projects do not have to …
Legislation would Classify Manufactured Homes as Affordable Read More
MHProNews has learned Interfaith Housing Services in Hutchinson, Kansas has received two parcels of land from the Hutchinson Land Bank to construct two modular homes. The non-profit only had to pay closing costs, according to hutchnews. Interfaith’s director of operations, Ron Fisher, said the three-bedroom, two-bath homes will each have …
Following a story MHProNews posted June 17, 2015 regarding the Dublin, Ireland City Council’s plan to provide modular housing units for the city’s homeless, a Dublin Region Homeless Executive (DRHE) spokeswoman said the city is determining a site for examples of the units to go on display. She said the …
The Huntsville, Texas City Council agreed with the Planning & Zoning Commission’s recommendation that prohibits manufactured homes (MH) from being sited outside MH communities, while grandfathering in existing MH, according to itemonline. Although Councilman Ronald Allen mounted a spirited opposition to the ruling, noting that people have paid taxes on …
Texas City Votes to Keep Manufactured Homes only in Communities Read More
MHPronews has learned Arlington Estates manufactured home community (MHC) outside Blair, Nebraska was sold May 20 to local businessman Clifton Johnson by Kacey Witte. Licensed for 16 home sites, Arlington is zoned light industrial, which legally means no homes can be moved into the community, and those damaged more than …
Land Lease Community may Continue as Non-Conforming Read More
In the news from CNNMoney: Companies in the S&P 500 are expected to report their sales and profits for Q2 will be down 4.5 percent from a year ago. Greece submits economic reform proposal well ahead of Sunday’s meeting about possible bailout. The Labor Department reported applications for unemployment benefits …
MHCV Outshines the Dow; Nobility Homes Advances over 5% Read More
The Oaks of Rockford manufactured home community (MHC) in Rockford, Michigan is hosting a Grand Opening event on Friday, July 17 to welcome new manufactured home models to the 55+community. The Rockford Chamber of Commerce will participate in a ribbon cutting ceremony to celebrate the official opening. Open to the …
Michigan Manufactured Home Community Celebrates Grand Opening Read More
Add Parkland Estates Cooperative, Inc. of Litchfield, New Hampshire as the state’s 114th resident-owned community, according to Steve Varnum of the New Hampshire Community Loan Fund. What had been Hillsboro II Mobile Home Park became Parkland Estates June 26, 2015 when the residents of the 33 home site community negotiated …
Community Loan Fund Assists another Community into Co-Op Status Read More
A couple requested the Jasper (Alabama) City Council to rezone a 1.6 acre piece of property from R-2, single-family housing, to R-3 affordable housing, in order to site a manufactured home (MH) on the property. Neighbors who live near the property are concerned an MH would depreciate their own real …
City Council Tables Request for Manufactured Home Siting Read More
Last month the Mashantucket Pequot Tribe in Connecticut broke ground on an affordable housing project of four modular units that will be ready for occupancy in September. There had been a rental housing wait list for years that produced few results. The tribe’s Housing Committee recently replaced it with selection …
Indian Tribe Installing Modular Homes on Reservation Read More
