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.
While the oil boom in the Bakken Formation area near Watford City, North Dakota has brought a lot of quick prosperity to many local residents, the character of the town is changing due to the growth of the 1,400 residents six years ago to 10,000 today. As The atlantic.com tells …
Affordable Housing still Wanting in the Bakken Oilfields area of North Dakota Read More
Eighty percent of the outstanding common stock of manufactured home builder Deer Valley Corp. (DVLY) is being acquired by software developer Peerless Systems Corp. in a deal valued at $3.68 million, according to streetinsider.com. Based in Guin, Alabama, Deer Valley builds, distributes, finances and provides warranty and repair services for …
Peerless Systems acquires Majority of Deer Valley Homebuilders Read More
Due to over-and under-crowding in the Wake County (North Carolina) Public School System, board members discussed changing the academic calendar from a ten month calendar to a multi-track calendar, or install 21 modular classrooms to relieve overcrowding in the elementary and middle schools. Capacity in the different schools range from …
The five percent fall of the Euro against the dollar over the last three months, and the slide of prices for goods leaving European factories may ring an alarm bell for other Western countries because of the close ties of the world economies. In today’s trading on Wall Street the …
MH Composite Drops again, Liberty Homes Plunges, Deer Valley Moves up Read More
Some of the vacant lots in manufactured housing communities (MHCs) could meet the needs of truck drivers for the Southern Minnesota Sugar Beet Cooperative and its members as the season’s work begins Friday, Sept. 5 in Renville County. Jill Bruns, public health director, told the Renville County Board of Commissioners …
Manufactured Homes could Provide Housing for Seasonal Workers Read More
According to the Manufactured Housing Association for Regulatory Reform, the U. S. Department of Housing and Urban Development (HUD) statistics reveal that production of manufactured homes jumped 18.4 percent in July over July 2013, 5,675 HUD Code homes this year as compared to 4,793 produced in July 2013. On the …
HUD Code Production Rises Nearly 20 Percent in July Read More
A new campus comprised of three modular homes on Martha’s Vineyard in Massachusetts will provide a retreat for up to 27 residents recovering from alcohol and drug addiction, as mvgazette.com tells MHProNews. The result of a $3 million capital campaign, two homes will be for men and one for women, …
The Pending Home Sales Index (PHSI) rose 3.3 percent in July over June to 105.9, marking an increase in the National Association of Realtors (NAR) measuring stick for four of the last five months, with three of the four regions registering an increase. While still below July, 2013 (108.2), according …
A veteran of over 40 years in the manufactured and modular housing industry, and the owner of Prevatte’s Home Sales in Lumberton, North Carolina, for 25 years, Tonnie Prevatte received the Rollan Jones Member of the Year award as voted by the members of the North Carolina Manufactured and Modular …
Prevatte Honored by NC Manufactured and Modular Housing Industry Read More
Following a story MHProNews last published July 2, 2014 regarding a plan by the Affordable Housing Committee of Bluffton, South Carolina to offer assistance to ten qualified residents to purchase modular homes, the town is now considering expanding its Small Home Series program, since eleven people have inquired about the …
Manufactured Homes may be Included in SC Affordable Housing Plan Read More
The Greene County Planning Board in North Carolina, after reconsidering the county’s manufactured home (MH) ordinance which restricts homes being brought into the county to no more than 15 years old, has removed the restriction and recommended the decision to the county commissioners. A North Carolina Court of Appeals ruled …
North Carolina County Suggests Removing MH Age Restriction Read More
In today’s trading on Wall Street following the Labor Day holiday, the Dow and S&P slipped modestly, while the Nasdaq made a minor advance, and tracked stocks closed mixed. However, Skyline Corp. (SKY) dropped -9.17 percent to 3.17, a decline of -0.32 points in the largest fall of stocks we …
Skyline Trades Down as Nasdaq Moves up Modestly; Dow and S&P Slip Read More
MHProNews has been informed by virtual-strategy.com an affiliate of Capital Square Realty Advisors, LLC has acquired three manufactured housing communities consisting of 1,141 home sites in Indiana and Ohio. The largest community is Timberbrook in Bristol, Indiana with 567 homesites set on 103 acres. Woodlake-Summerdale, located in Yoder, IN is …
Following a series of stories MHProNews posted regarding the development of the 32-story, modular housing project by Forest City Ratner and construction partner Skanska intended for Brooklyn’s Barclay Center, work has come to a halt in a bitter dispute over tens of millions of dollars in cost overruns. Skanska idled …
Work Stops on Massive Modular Housing Project in Big Apple; Ratner, Skanska at Odds Read More
The Michigan Manufactured Housing Association (MMHA) reminds occupants of system-built homes that potentially damaging summer wind and rain storms are at their peak and residents should ensure that roofs are in good condition and rainwater is directed away from the foundations. While manufactured homes (MH) are built to strict federal …
According to numbers released by the U. S. Department of Housing and Urban Development (HUD) and the U. S. Census Bureau, sales of newly-built single-family homes dropped 2.4 percent to a seasonally-adjusted annual rate of 412,000 units in July. Initially, according to the National Association of Home builders (NAHB), sales …
The Lansing (Mich.) City Council has approved plans for developer Harry Hepler to build 200 modular apartments on the city’s northside, as lansingstatejournal.com informs MHProNews. Summit Street Development LLC has received a conditional use permit to build housing on the property that is zoned heavy industrial. Mr. Hepler says Metro …
The possibility of up to seven billion barrels of oil in the Tuscaloosa Marine Shale formation in southwest Mississippi and central Louisiana has led the McComb (Miss.) Board of Selectmen to vote in favor of annexing 40 acres for the construction of a 535-unit modular workforce community. Shale Lodge will …
“Is there an unwritten rule that every third MHCommunity has someone who hoards and/or has a bunch of cats?” quipped manufactured home industry consultant and publisher, L. A. “Tony” Kovach. The comment flowed from the discovery of dozens of cats seized from the Niagara Mobile Home Park in Newfane, NY. …
Hoarding along with dozens of cats found at home in MHC Read More
Wikipedia says: “Labor Day in the United States is a holiday celebrated on the first Monday in September. It is a celebration of the American labor movement and is dedicated to the social and economic achievements of workers. It constitutes a yearly national tribute to the contributions workers have made …
