Manufactured and Modular Housing News

Shipping Containers becoming Modular Housing north of the Border Read More

Shipping Containers becoming Modular Housing north of the Border

By Matthew Silver / May 1, 2015 / Business, Canada, Factory-Built Homes, Manufactured and Modular Housing News, Modular

Blocks Modular of Calgary, Alberta Canada are converting steel shipping containers (“seacans”) into hotel suites, affordable housing units, staff accommodations and cottages, according to what globalnews.ca tells MHPronews. “It is narrow, but that’s only one. And you put two or three together with the proper floor plan and it opens

Dow Erases Yesterday’s Drop; Louisiana Pacific Advances Read More

Dow Erases Yesterday’s Drop; Louisiana Pacific Advances

By Matthew Silver / May 1, 2015 / Business, Manufactured and Modular Housing News, Stocks

Facebookers donate $10 million to Nepal quake survivors, Europe’s deflation worries ease, and Tesla will be offering a home battery, ‘Powerwall,” that can save consumers 25 percent in electric bills. The Yahoo Manufactured Housing Composite Value (MHCV) moved down -0.31 percent, to close at 636.8. Tracked manufactured housing stocks closed

Market for Single-family 55+ Building Remains Strong Read More

Market for Single-family 55+ Building Remains Strong

By Matthew Silver / May 1, 2015 / Business, home buyers, Manufactured and Modular Housing News, Trends

The National Association of Home Builders (NAHB) tells MHProNews that builder confidence in the single-family 55+ housing market remains strong in Q1 2015 despite the index edging down one point to 58 from the previous quarter. This marks the fourth consecutive quarter the Housing Market Index (HMI) has been above

Energy Efficiency on the Table at MHI’s Expo in Las Vegas Read More

Energy Efficiency on the Table at MHI’s Expo in Las Vegas

By Matthew Silver / May 1, 2015 / Advocacy, Awards, Factory-Built Homes, Green, Manufactured and Modular Housing News, Manufactured Homes, Trade Shows

Noting that the technology involved in manufactured housing (MH) has improved greatly over the years, especially since the inception of the federally regulated HUD Code in 1976, Robin Roy, writing for the Natural Resources Defense Council blog, Switchboard, says MH is poised to continue to play a vital role in

HAS Hires MacFarlane for New Manufactured Housing Position Read More

HAS Hires MacFarlane for New Manufactured Housing Position

By Matthew Silver / May 1, 2015 / Business, Communities, Company News, home buyers, Manufactured and Modular Housing News, Manufactured Homes, People

“We believe that the manufactured housing mortgage space is poised to make a comeback in the capital markets,” says Stephan Wheeler, managing director and chairman of HAS Capital, LLC. HAS has just appointed Scott MacFarlane to manage the company’s manufactured housing (MH) funding programs and develop their national originations platform,

New Featured Articles Scheduled to Go-Live by 11 PM May 2 Read More

New Featured Articles Scheduled to Go-Live by 11 PM May 2

By MHProNews / May 1, 2015 / Manufactured and Modular Housing News

Due to an extended Inside MH Road Show, the prior week at the MHI Congress and Expo, pending special announcements and other factors, the new Featured Articles (FAs) on MHProNews are scheduled to go live by approximately 11 PM May 2nd. Until then, you’ll find recent articles on MHLivingNews.com, such

Consumer Confidence Receding Read More

Consumer Confidence Receding

By Matthew Silver / May 1, 2015 / Economy, Manufactured and Modular Housing News, Trends

The private research group the Conference Board reports consumers are more worried about the economy as well as the outlook for the future. As the Wall Street Journal tells rvbusiness, its index of consumer confidence dropped to 95.2 in April, from 101.4 in March. Consumers’ assessment of current economic conditions

Carefree Acquires Central Park in Florida Read More

Carefree Acquires Central Park in Florida

By Matthew Silver / April 30, 2015 / Business, Communities, Company News, Manufactured and Modular Housing News, Manufactured Homes, RV

Carefree Communities, Inc. of Scottsdale, Arizona acquired Central Park manufactured home (MH) and recreational vehicle (RV) communities in Haines City. Florida, April 23. Located 90 miles from Tampa and Orlando, the age-restricted 55+ Central Park MH has 110 homesites, and the Central Park RV community has 368 sites. Both communities

More Factory-built Homes Rise on Long Island Read More

More Factory-built Homes Rise on Long Island

By Matthew Silver / April 30, 2015 / Business, Economy, Factory-Built Homes, home buyers, Manufactured and Modular Housing News, Manufactured Homes, Modular

MHProNews has learned from riverheadnewsreview on Long Island, New York that single-family home construction has risen in Riverhead Town, nearly doubling last year over 2013, including factory-built homes. Although it is considerably less than the 381 permits let in 2002 and 271 in 2003 in the run-up to the housing

Most Tracked Manufactured Housing Stocks Fall; Dow drops Nearly 200 Points Read More

Most Tracked Manufactured Housing Stocks Fall; Dow drops Nearly 200 Points

By Matthew Silver / April 30, 2015 / Business, Manufactured and Modular Housing News, Stocks

The Euro traded as high as $1.10 in this week’s trading, returning from a 12-year low of $1.05 last week; the NFL draft is big news tonight; oil billionaire Boone Pickens says crude oil is heade back to $70 a barrel; and economist Nouriel Roubini says the riots in Baltimore

County Hears from Citizens Regarding Expansion of Manufactured Housing Read More

County Hears from Citizens Regarding Expansion of Manufactured Housing

By Matthew Silver / April 30, 2015 / Advocacy, Business, Communities, Factory-Built Homes, home buyers, Legal, Manufactured and Modular Housing News, Manufactured Homes, mobile home

Following a story MHProNews last published March 18, 2015, regarding Buncombe County, North Carolina officials considering lifting a ban on manufactured homes (MH) in all residential areas of the county, over a dozen residents spoke opposing it at a Board of Commissioners meeting April 7. Although the topic was not

Patrick Industries Reports Q1 Financials Read More

Patrick Industries Reports Q1 Financials

By Matthew Silver / April 30, 2015 / Business, Company News, Manufactured and Modular Housing News, Manufactured Homes

Distributor of building and component supplies to the manufactured housing (MH) and recreational vehicle (RV) industries, Patrick Industries, Inc. (NYSE:PATK) reports for Q1 2015 net sales increased $53.5 million, 31.3 percent, to $223.4 million from $170.1 million for the same period of 2014. Sales to the MH industry rose 18

Owner of Modular Homes Business Faces Embezzlement Charges Read More

Owner of Modular Homes Business Faces Embezzlement Charges

By Matthew Silver / April 30, 2015 / Business, Company News, Factory-Built Homes, home buyers, Legal, Manufactured and Modular Housing News, Modular, People

The former president of Better Built Homes of St. Augustine, Florida has been arrested and now faces eight counts of misappropriating construction funds between $1,000 and $100,000, and one count of larceny. According to staugustine, a release from St. John’s County informs MHProNews William Keith Leary allegedly accepted approximately $500,000

Home Prices Continue to Rise, Outpacing Wages Read More

Home Prices Continue to Rise, Outpacing Wages

By Matthew Silver / April 29, 2015 / Business, Economy, home buyers, Manufactured and Modular Housing News, Trends

According to thehill, home prices increased as Standard & Poor’s/Case Shiller 20-city index notched a five percent annual gain in February, an increase over the 4.5 percent pace in January, marking 34 months of growth. “Home prices continue to rise and outpace both inflation and wage gains,” said David Blitzer,

MHCV Drops; Only Skyline and Third Avenue Rise Read More

MHCV Drops; Only Skyline and Third Avenue Rise

By Matthew Silver / April 29, 2015 / Business, Manufactured and Modular Housing News, Stocks

Pope Francis Decries the Pay Gender Gap, the Federal Reserve is not ready to Raise Interest Rates Yet (they have not been raised since 2006) and GDP grew only 0.2 percent in Q1, 2015. The Yahoo Manufactured Housing Composite Value (MHCV) fell more than any of the three major indexes,

Pending Home Sales Inch Up Read More

Pending Home Sales Inch Up

By Matthew Silver / April 29, 2015 / Economy, home buyers, Manufactured and Modular Housing News, Trends

MHProNews has learned from bloomberg pending home sales of previously-owned homes for March rose 1.1 percent following a revised 3.6 percent jump in February, which was the biggest increase since October 2010, according to figures from the National Association of Realtors (NAR). The increase was one tenth of one percent