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.
MHCV values went down 3.09% today. Gains in the MHCV stocks we track were minimal: TAVFX 0.96%, KMP 0.91%, UMH 0.31%. Marketwatch tells MHProNews that oil jumped 8% Friday, trimming January losses to 9%. CNN Money says that investors probably wished they had hibernated this January. It was the worst …
Hispanic community advocates say a manufactured home community in northeast Gastonia has successfully addressed a number of concerns raised by tenants there late last year. Fair Oaks Mobile Home Park became the target of pointed criticism in October. Residents who live there began complaining publicly about everything from a lack …
North Carolina MH Community Receives Requested Improvements Read More
The Nash County Board of Commissioners in Rocky Mount, North Carolina, is considering modification of an ordinance relating to temporary hardship manufactured homes. Presently, the Nash County Unified Development Ordinance provides for a temporary accessory residence with a special use permit from the Board of Adjustment to be installed for …
Manufactured Homes Used as Temporary Quarters for Caregivers Read More
CNN Money tells MHProNews that last week, jobless claims fell to 265,000, the lowest since April 2000 and a big drop from the past few weeks when more than 300,000 people were filing for unemployment aid. At first glance, it’s good news for the U.S. economy. More and more people …
Last week saw decrease in applications for unemployment Read More
MHCV values went up 4.36% today. Leaders are: CVCO 4.34%, DW 3.74%, UFPI 3.57%, LPX 2.42%, PATK 2.32%, BRK:A 1.31%. USA Today tells MHProNews that stocks staged a strong afternoon rally and closed higher Thursday as the major indexes broke a two-day losing streak. The Dow Jones industrial average jumped …
SearchCore, Inc., announced this week that its wholly-owned subsidiary, Wisdom Homes Of America, Inc., reported sales of $725,000 for the fourth quarter of 2014, an increase of 106% as compared to $351,500 in sales of manufactured homes for the third quarter of 2014. “We had steady traffic at our retail …
Wisdom Homes of America Reports Positive 4th Quarter Results Read More
Ever thought about ordering yourself a tiny house and having it delivered in a shipping container? But wait – the shipping container is the house! Tiny House Talk tells MHProNews that G-Pod has developed a unique way to create a small house that can be installed anywhere. It comes on …
You say you want a bathroom that would rival the splendors of Cleopatra’s palace? Well, look no further. Many of the luxurious baths available in today’s manufactured homes may be just what you’re looking for. Just visualize yourself in an oversize tub overlooking a fireplace and watching TV at the same …
Bathroom Bliss: Upscale Touches in 2015 Manufactured Homes Read More
Cavco Industries, Inc., (NASDAQ:CVCO) and its family of companies in the construction services industry, are proud to announce that they have been listed as number 13 on Forbes® Magazine’s list of “America’s Best Small Companies 2014.” Since 1979, Forbes has been compiling a list of their top 100 small companies …
Cavco Industries Named to Forbes® Magazine’s List of 100 Best Small Companies in America Read More
“Because they generally don’t have much ready cash, Millennials will come into the home-buying market as first-time buyers, demanding smaller, more affordable homes,” said National Association of Home Builders (NAHB) Assistant Vice President of Research Rose Quint. “And builders will build whatever demand calls for,” she added. When NAHB surveyed …
Millennials Seek Smaller Homes, But Demand Certain Features Read More
MHCV values went down -0.24% today. Only a few of the MHCV stocks we track went up: LPX 2.48%, CVCO 0.41%, AMG 0.37%, CG 0.19%. CNN Money tells MHProNews that the Federal Reserve said it will remain “patient” and not rush to boost interest rates. But the writing is on …
The Dow continues its decline as MHCV stocks dip slightly Read More
The media often reports about tragic loss of life and property that occurs in some “mobile home” fires, not understanding that homes built after 1976 according to HUD requirements and standards offer a much higher level of safety regarding fire prevention. In according with HUD rules, any factory-built or manufactured home …
Those on a quest to rethink small-space living build tiny houses, install pop-up rentals on vacant lots, and design portable 10-square-foot microkitchens tucked inside armoires. Presented over the weekend at Toronto’s Interior Design Show, Cubitat is a 10-by-10-by-10-foot cube that houses a kitchen, bathroom, bed, laundry, and storage. Once plumbing and electric …
The Cubitat Shrinks an Entire House Into One Compact Cube Read More
Affiliated Managers Group, Inc,, (NYSE:AMG) reported last earnings figures on January 27. The company announced actual earnings per share of $3.55 against the consensus Wall Street estimate of $3.45, beating the estimate by $0.10. This represents a year-on-year decrease of -$0.11 from the same quarter of the previous fiscal year. AMG …
Affiliated Managers Group Releases Year End Figures Read More
MHCV values went up 1.72% today. Unfortunately, most of the MHCV stocks we track went down with a few exceptions. Those companies with a very slight increase include (1) PATK – 0.93%, (2) CG and TAVFX – 0.88%, SUI – 0.64%, CVCO – 0.62%, and ELS – 0.04%. CNN Money …
Dow plunges on disappointing earnings reports – Overall MHCV stocks rise slightly Read More
Whom should we believe in considering which way the housing market will go in 2015? There are several articles that predict an increase in home sales because many lenders including FHA, and those offering loans backed by Fannie and Freddie, as well as conventional lenders have lowered down payments to …
Gary Shilling Says Nothing Is Going to Save the Housing Market Read More
Curbed.com asks “Where are the millennials at? And where do they want to be, with all that discretionary income of theirs?” Marketing professionals everywhere want to know if the anti-suburban sentiment in “the culture” these days has made an impact on these tweeters, these re-sharers, these snap-chatting web kidz. According …
Millennials Still Chasing That Suburban Dream/Nightmare Read More
Sandwell Council is to buy 41 sustainable ‘modular’ homes in Smethwick, England, to boost its housing stock and replace properties lost to the controversial right to buy scheme. Dash.com tells MHProNews that the homes are being built by Mar City Homes, Ltd, using a modular construction system, meaning they are …
Council to buy ‘modular’ homes to replace properties lost to right to buy Read More
It looks like loans backed by Fannie Mae and Freddie Mac will not be the only loans available with a 3% down payment. Marketwatch tells MHProNews that more lenders are lowering down-payment requirements, allowing borrowers to commit 3%, or even less, of a home’s purchase price to get a mortgage. …
MHCV stocks went up 3.48% today. Leaders in the stocks we track are: SKY 22.83%, CVCO 3.48%, LPX 3.16%, UFPI 3.07%, and SUI 2.63%. Although a state of emergency has been declared for New York City and New Jersey due to the expected record-settling blizzard, officials say that NYSE and …
U.S. Stocks Close Little Changed – NYSE, Nasdaq To Be Open Tuesday Read More
