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.
Jason Carter, a former director of sales and business development at Champion Home Builders has joined ROC (Resident Owned Communities) USA Network as the National Acquisitions and Portfolio Manager. Carter will identify owners of manufactured home communities willing to sell to their residents, focusing on asset management and community …
ROC USA hires Seasoned Pro to Lead Acquisitions Sector Read More
The Workforce Housing Coalition (WHC) of Greater Seacoast is considering five parcels of land in York, Maine near the Kittery town line that could be developed as housing for people who earn modest salaries such as laborers, teachers, firemen and police. WHC Executive Director Ashlee Iber Amenti says the owners …
Factory-built Homes Could Alleviate Coastal Housing Issues Read More
The Housing Finance Commission (HFC) of Washington State has announced the winners of the 2014 Friend of Housing awards, including Ishbel Dickens, who was awarded the Margaret M. Sevy Affordable Housing Lifetime Achievement Award for her work with manufactured housing, according to djc.com. MHProNews recalls a story posted Feb. …
Washington Honors Six Affordable Housing Advocates Read More
Designed by ABI in East Yorkshire, England, with its moveable walls the Concept Van features a cinema, a ten-seat dining table and beds to sleep ten people, according to what dailymail.co.uk informs MHProNews. The 30 foot by 13 foot manufactured home (called “Caravan” in the UK) prototype has beds …
While fears over Europe’s economy, the Ebola outbreak and falling oil prices are among factors that led to the tumbling of the Dow Jones Industrial Average in recent days, the Federal Reserve’s suggestion that it may print more money turned the Dow from an early 206 point loss to a …
UFPI Flies High; Liberty Declines; Dow Recovers from Deep Drop Read More
RV/MH historian, lecturer, author and librarian Al Hesselbart is retiring after serving the RV/MH Hall of Fame & Museum in Elkhart, Indiana for 20 years, MHProNews has learned. Carl Ehry, then president of the RV/MH foundation, which at the time was nearly bankrupt, was told if he wanted to be …
While the Great Recession took the wind out of the sails of Elkhart County, Indiana’s two largest industries – manufactured housing (MH) and recreational vehicle (RV) – RV manufacturers are now cheering their great recovery while the MH industry continues to slowly move forward, locally as well as nationally. The …
Indiana RV Industry Recovering Well; MH Industry Recovering Steadily Read More
The Surrey Manufactured Homeowners Association in Surrey, British Columbia, Canada wants the city council to better protect owners of manufactured homes (MH) and provide more rights. Specifically, as nownewspaper tells MHProNews, the association wants more remuneration for residents when communities close and standards created for management upkeep of communities. The provincial …
Canadian Manufactured Homeowners Seek Added Protection Read More
Following a story MHProNews posted Oct. 22, 2013 entitled Will Texans take to Tiny Homes, a recent story about small homes on BillMoyers.com, asked if respondents could live in a tiny home, drew a series of responses. Gordon Billingsley said he lived in a 920 square-foot passive solar home and …
Tiny Homes/Factory-built Housing could Replace the Blight Read More
The volatility continued on the Big Board today, as the Dow recovered from an initial drop of 460 points, while the MH Composite enjoyed its trip to the bank, gaining for a second consecutive day. Most MH producers and component suppliers gained, like Cavco Industries, which advanced 5.50 percent, and …
MH Composite and Most MH Producers Notch Gains while Dow Recovers from Plunge Read More
While refinance lending in rural and small town communities fell by 23 percent in 2013 compared to 2012, purchase lending in the same areas rose 2.3 percent for the similar period, after hitting a ten-year low in 2011, according to what daily.yonder tells MHProNews. Just as rising interest rates and tighter …
Rural Home Purchase Loans Still over 50 Percent Below Pre-Recession Read More
A recent survey by the National Association of Home Builders (NAHB) indicates that mortgage lending standards are so tight, it remains challenging for potential buyers to invest in new homes and real estate. After years of struggle due to the 2008 financial crisis, “housing has seen some positive growth throughout the …
NAHB’s David Crowe asserts tight credit harming new housing sales Read More
Affiliated Managers Group (AMG) shares rating remains a “buy” after being reviewed by Bank of America on Tuesday Oct. 14. At the opening of the stock exchange session, the group’s shares were selling for $185.36. As WKRB informs MHProNews, AMG is staying below their price objective fixed at $230 a …
Sean M. Healey, Chairman Affiliated Managers Group, glows on Buy rating Read More
Fears of jittery investors, says CNN Money to MHProNews, continues to drive a decline in stocks. The Dow’s slide slowed and Manufactured Housing fared better than the Dow overall. Dow 16,315.19 -5.88 (-0.04%). Nasdaq 4,227.17 +13.51 (+0.32%). S&P 500 1,877.70 +2.96 (+0.16%). The Yahoo! Finance Manufactured Housing Composite Value: 537.8. …
Market Correction Continues; Manufactured Housing Composite up Read More
The national trade group, Manufactured Housing Association for Regulatory Reform (MHARR), says in a Journal OpEd by their CEO emailed on October 14th of the potential risks related to government actions to expand laws currently regulating HUD Code factory-built home industry. Efforts to implement further regulations on Manufactured Homes (MH) …
Sun Communities saw their shares downgraded to a “market perform” in a ratings reports Friday Oct. 10. That same day the company’s trading ended at $51.44 a share. These recent numbers are not about bad performance for the Sun Communities, but rather what the Watch List News informs MHProNews that …
Analysts and Observers debate performance of SUN Communities Read More
The Wall Street Journal (WSJ) suggests that recent government policies are harming American citizens, and point to the words of 1974 Economic Nobel Prize winner, Friedrich A. Hayek. Hayek accepted the honor while warning the world that policy-making should be reserved for topic experts. “The curious task of economics,” Hayek famously …
Hayek and The Fatal Conceit Revisited by Wall Street Journal Read More
Contrary to common beliefs, older people may struggle as much as college students and young graduates to deal with rising housing costs; so says a recent survey by the Employment Benefit Research Institute. Insurance News Net (INN) tells MHProNews “home-related expenses, including rent or mortgages, insurance, utilities, furnishings and home …
EBRI points to Manufactured Housing Opportunities, Challenges too Read More
Award-winning, nationally syndicated columnist, Ilyce R. Glink, writing for CBS News, provided home buyers in general – and manufactured housing shoppers and professionals in specific – with a gift. Glink tells MHProNews that finding affordable living options is difficult, but doable. Glink advised buyers not to “run away when you …
CBS News’ Ilyce Glink gives Manufactured Housing vs. old houses the gift of Comparison Read More
CNN Money touts that “China loves Capitalism,” even as the U.S. economic policy seems to be moving ever more towards socialism. CNBC tells MHProNews that this is the third decline in U.S. stocks, with Ebola and global economic fears named among the drivers for investors. Dow 16,321.07 -223.03 -1.35%. Nasdaq …
Stocks Slide Continues on Ebola, global economic concerns Read More
