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.
Two of the three major indexes made modest gains in today’s trading despite good news from the housing market and solid earnings reports from several retailers, including Target, whose shares rose seven percent despite the drubbing it took after the recent security breach millions of its customers endured. The S&P …
Nobility Homes Gains over 4.5 percent as Three Major Indexes Move Little Read More
According to statistics released by the Department of Housing and Urban Development (HUD) and the Census Bureau, the National Association of Home Builders (NAHB) reports sales of newly-built single-family homes rose 9.6 percent in January to a seasonally-adjusted annual rate (SAAR) of 468,000 units, marking the strongest pace since July …
The U. S. Senate Banking Committee leaders have made a housing finance overhaul bill one the committee’s top priorities, and ranking member Sen. Mike Crapo (R-ID) says he and Chairman Tim Johnson (D-SD) hope to produce their long-awaited housing bill by the end of March, according to POLITICO Pro. Sen. …
Updating a story MHProNews.com published Feb. 21, 2014 regarding U. S. Senate bill S 1828, Preserving Access to Manufactured Housing Act, introduced by Sen. Joe Donnelly (D-IN) Dec. 16, 2013, MHProNews.com has been informed Sen. John McCain (R-AZ) has signed on as a co-sponsor of the bill. A companion to …
In the late 1990s Wisconsin had a higher crash rate at intersections than the national average, motivating the state department of transportation to build European-style traffic circles, or roundabouts, on state and county roads, some 280 of them with another 90 planned. A state lawmaker has suggested the decision to …
According to cnynews.com, a new modular apartment building will be sited in Oneonta, New York for exclusive use by students at the SUNY (State University of New York) campus. Hillside Commons will offer one, two and three-bedroom apartments. MHProNews.com has learned the Oneonta Police Department has issued an alert that …
The Kilgore (Texas) City Council at its regular session will consider a request to change the zoning of property located east of the intersection of Peavine and Harvey Roads from commercial to single-family manufactured housing, according to news-journal.com. Kilgore is in northeast Texas, east of Dallas. MHProNews.com knows Texas is …
Applicant Requests Property be Rezoned for Manufactured Home Read More
Investors hit the pause button as investors took a breather, as the three major indexes ended up slightly lower in today’s trading. CNNMoney reports the Dow nudged down -27.48 points, -0.17 percent, to end the day at 16,179.66. The Nasdaq moved down -5.38 points, -0.13 percent, to finish at 4,287.59, …
Louisiana Pacific Gains the most, but Stocks mostly Quiet Read More
Entering the race for a county commission seat in Williams County, North Dakota, Jon Kreil says he wants to re-establish a sense of community, according to willistonherald.com. He has spent time on the Williston Affordable Housing Committee as it seeks to define affordable housing in an area where a 700 …
Commission Candidate wants more Manufactured Housing in North Dakota Read More
Modular home producer Commodore Corporation will close its manufacturing plant in Danville, Virginia at the end of April, according to wdbj7.com, costing 100 employees their jobs. MHProNews.com has learned operations will be moved to a newer facility in North Carolina. ## (Photo credit: wdbj7.com–Commodore Corporation modular homes in Danville, VA)
MHProNews.com has learned from newssun.com that residents of Tanglewood manufactured housing community in Sebring, Florida were instrumental in raising $65,100 during 17 events for cancer research as part of the Tanglewood Residents’ Cancer Benefit. The Feb. 18 Benefit Bash was held in Tanglewood’s clubhouse, sponsored in part by community owner …
Manufactured Home Community Residents Support Cancer Reseach Read More
Stock research firm Zacks has upgraded the stock of Universal Forest Products, Inc. (NASDAQ:UFPI) from a neutral rating to an outperform rating based upon its earnings per share of +$0.40 in Q4 2013 versus a loss of -$0.10 per share in the comparable quarter of 2012, as MHProNews.com reported Feb. …
In a commentary by MHProNews.com‘s publisher L. A. ‘Tony” Kovach, noting a recent advertisement by the Manufactured Housing Association for Regulatory Reform (MHARR) targeted to industry lenders who are members of the Manufactured Housing Institute (MHI) in an attempt to have them join MHARR, he alludes to a 1971 Pogo …
Pooling Resources for Manufactured Housing, or Pulling them Apart? Read More
Updating a story MHProNews.com last covered Jan. 14, 2014 regarding a subsidiary of Santee Modular Homes in Orangeburg County, South Carolina suing the county over a debris removal contract, the public works department had sufficient manpower for cleanup in the wake of the recent ice storm. The lawsuit asked for …
Following up on a story MHProNews.com posted Oct. 14, 2013 regarding a warehouse in Camden, New Jersey set to open as a modular housing factory with the promise of 1,000 jobs for inner city residents within 3-4 months, the building remains padlocked and applicants are discouraged. Camden mayoral candidate Amir …
The S&P rose to a new record high and the Dow Jones Industrial Average gained over 100 points as investors expressed new confidence in the economy and corporate earnings. CNNMoney reports the Dow advanced +103.84 points, +0.64 percent, to end the day at 16,207.14. The Nasdaq moved up +29.56 points, …
Renting out at 80 percent of market value as part of the government’s affordable housing program, architectural firm Rogers Stirk Harbour and Partners has received approval to build 36 two-bedroom modular apartments in Stratford, England. Consisting of two modules each, the units will be assembled around a core containing two …
Stratford England the Site of Modular Apartment Complex Read More
The Michigan State Housing Development Authority already offers first time home-buyers assistance through its Mi First Home program, and now it is offering assistance to repeat buyers, including those who want to buy a manufactured home. The Mi Next Home program can provide up to $7,500 in down payment assistance, …
The Dobson, North Carolina Board of Commissioners unanimously approved a rezoning request to convert property originally zoned RS, residential suburban, to RMS, residential manufactured home (MH), which allows the landowner to site an additional MH in a manufactured home community (MHC). As mtairynews.com informs MHProNews.com, landowner Harry Folger purchased two …
One of the highlights of the Manufactured Housing Institute’s (MHI) Winter Meeting Feb. 9-11 was the day manufactured housing professionals from the entire spectrum of the industry visited Capitol Hill to speak directly with their Congressional representatives. After a breakfast/pep talk with Rep. Andy Barr (R-KY), a member of the …
