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.
Governor Nathan Deal announced Monday that Live Oak Homes, a factory home builder, will expand to Broxton GA, creating 200 jobs and investing $1.4 million into the project over the next two years. “Forward-looking companies such as Live Oak Homes are excellent additions to our solid manufacturing network,” WTOC quoted Deal …
Manufactured home builder expanding, creating 200 new jobs Read More
CNN Money suggests to MHProNews that investors like the resolution that comes from the close of an election. “After midterms, you often get deals that investors view favorably. Ultimately, you end up with higher stock prices,” said Dan Greenhaus, chief global strategist at BTIG. But other sources suggest that the …
The Dow rises 100 points on post mid-term election results Read More
The Hill tells MHProNews that the Tuesday November 4th edition of the Federal Register contains “new rules for computer power cords, airplanes flying in icy conditions, mobile home construction standards, and credit unions.” The Federal Register’s document is styled: Billing Code 4210-67, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT, [Docket No. FR- 5803-N-01], …
Lane Anderson at theDeseret News is one of the writers and various media outlets that picked up on The Atlantic’s recent article, The Case for Trailer Parks. Lane writes, “According to 2013 data from the Harvard Joint Center for Housing Studies, 50 percent of renters in the U.S. spent more than 30 …
Deseret News runs “Trailer Park” solution “report” Read More
The Virginia Manufactured and Modular Homes Association (VAMMA) announced the passing away of William Henry Moody, 73, of Covington. Moody died Saturday, November 1, 2014, in Carilion Roanoke Memorial Hospital. Mr. Moody was born April 12, 1941, a son of the late H.F. and Sallie Carter Moody. In addition to …
At 3:09 AM ET, Republican red was projected to carry a net pickup of at least 7 U.S. Senate seats, possibly as many as 9 once the dust settles in Alaska and Louisiana. One of the lesser touted stories was the surge for Republicans in gubernatorial races, where tight …
Dubbed the Happy Cheap House and designed by Swedish architect Tommy Carlsson, the iron clad home and bold design is two stories and 110 square meters of optimized interior space. Modular prefab design means the home with its irrigular shape and roof-line can be rapidly assembled on even a modest …
Swedish Happy Cheap House claims low-cost prefab home status Read More
Danny Ghorbani, President of the Manufactured Housing Association for Regulatory Reform (MHARR), suggests that GIGO is at play in a recently announced and controversial Department of Energy (DOE) policy effort. “Computer scientists and programmers have a saying – “garbage in, garbage out.” In other words, if a program is based …
MHARR President says “Garbage In, Garbage Out” on disputed DOE policy move Read More
While many in the media believe that Republicans may take the Senate as a result of the mid-term elections, stocks were mixed today. Perhaps memories of the vaunted 2012 Democratic ground game cause some to doubt the election’s outcome, which may be known later tonight, but could take weeks …
Neighbors are frustrated on Flint, Michigan’s east side who say that enough isn’t being done to correct the blight left behind by the now condemned American Estates Mobile Home Park, NBC 25 tells MHProNews. The American Estate Mobile Home Park is near the intersection of Leith and Dort Highway. …
Condemned, Land Lease Community Looks like “Tornado hit it” Read More
ROC USA® President Paul Bradley was recently honored with the National Association of Housing Cooperatives’ (NAHC) Jerry Voorhis Award. The Voorhis is a lifetime achievement award that recognizes significant leadership in both theory and practice. Jerry Voorhis was a five-term U.S. Congressman from California who lead the National Cooperative Business Association, …
Norway is the #1 nation on earth in the Legatum Institute’s 2014 Prosperity Index of the world, the Local tells MHProNews. 142 nations were ranked. The list uses the following eight variables to measure a country’s prosperity performance. Economy Entrepreneurship Governance Education Personal freedom Health Security Social capital Canada ranked …
Decision Day 2014 has arrived, and the mid-term election results are predicted by the left-leaning New York Times to bring a 70% chance of a Republican take over of the U.S. Senate. CNN puts those odds at 95%, the Washington Post at 97%. Early voting patterns and a wide range …
As D-Day approaches, 70%-97% odds predicted for Senate in mid-term elections Read More
China’s overbuilt ‘ghost cities,’ Sprint announcing layoffs are among the factors tamping down the markets, but manufactured housing stocks often managed to gain in trading today. Dow 17,366.24 -24.28 -0.14%. Nasdaq 4,638.91 +8.17 +0.18%. S&P 500 2,017.81 -0.24 -0.01%. The Yahoo! Finance Manufactured Housing Composite Value: 570.00. Today’s Change: +1.50% As of …
The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews that official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD) reflect manufactured housing industry production growth continued during September 2014. Just-released statistics indicate that HUD Code manufacturers produced 5,862 homes in September 2014, a …
Manufactured home production growth continues in September 2014 report Read More
Sydney, Australia’s TEKTUM Ltd. has installed a HOUSE 2.0 on the side of a hill previously thought to be undevelopable because of its location. The drop from the front of the house to the rear is 25 feet. The tailor-made modular home was basically folded up and placed in a …
The Department of Energy is considering new efficiency rules, download linked here, for residential non-weatherized gas furnaces and “mobile home” gas furnaces. The Energy Department’s Office of Energy Efficiency and Renewable Energy announced Wednesday it will hold a public meetings to discuss the proposed rules. This comes after a federal …
New Rules for Gas Furnaces from Department of Energy Read More
Patrick Industries, Inc. (NASDAQ: PATK), a major manufacturer and distributor of building and component products for the recreational vehicle (“RV”), manufactured housing (“MH”) and industrial markets, reported its financial results for the third quarter and the nine months which ended September 28, 2014. CNN Money tells MHProNews that net sales …
Financial regulators released the final Qualified Residential Mortgage rule (QRM) definition, intended to limit the risky credit lending that kicked off the housing crisis originally, and dropped the 20 percent down payment requirement that would have necessitated lenders keep five percent “skin-in-the-game.” Instead lenders have to meet the general definition …
After residents of a West Spokane, Washington manufactured home community (MHC) complained of dangerous conditions, the city said exposed wires presented a fire hazard and the community needs to be brought up to code, according to krem. “It’s the property owner’s responsibility to make sure that he’s providing for conditions …
Manufactured Home Community Needs to be Brought up to Code Read More
