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 Manufactured Housing Association for Regulatory Reform (MHARR) reports the government-sponsored enterprise (GSE) finance reform bill in the House, called the Protecting American Taxpayers and Homeowners Act (PATH), is being prepared to move forward, there is no indication manufactured housing consumer financing is included. Although some industry reports say …
Manufactured Housing Finance Needs to be in Reform Bill Read More
The RV/MH Hall of Fame in Elkhart, Ind. announces the selection of Jeff White as sales and marketing manager for the Northern Indiana Event Center (NIEC) plus other obligations within the Hall. His responsibilities focus primarily on promoting events at NIEC and booth sales in the Halls’ Supplier Hall. MHProNews …
Investors today weighed the recent corporate returns for Q2 2013–mostly good–against a weaker-than-expected report showing an index of manufacturing activity fell 11 percent, but the Dow nevertheless managed to eke out a new high. CNNMoney reports the Dow Jones Industrial Average edged up 22.19 points, +0.14 percent, to close at …
Supplier of components for the manufactured housing and recreational vehicle industries, Drew Industries, Inc. will release its 2013 Q2 financials prior to the opening of the market on Tue., Aug 6, 2013. That same day at 11 a.m. EST an interactive conference call limited to analysts and institutional investors will …
The Magnolia (Ark.) Planning Commission approved a variance request for the siting of a manufactured home in an R-2 zoning. Virginia Ball asked for the variance so she may provide living accommodations for a relative. She has one year to site the home, after which she will have to ask …
Chicago-based, land lease community operator Equity LifeStyle Properties (NYSE:ELS) will announce its second quarter 2013 earnings report in a conference call Tue., July 23 at 11:00 AM. In its first quarter 2013 earnings data, ELS reported revenue of $190.59, beating the consensus estimate of $177.42. According to utahpeoplespost, the revenue …
Equity LifeStyle Properties to Release Q2 Financials Read More
While sales of existing homes slipped 1.2 percent in June from May, the National Association of Realtors (NAR) says sales rose 15.2 percent over June of 2012. The seasonally-adjusted annual rate (SAAR) fell from 5.14 million in May to 5.08 million in June. Lawrence Yun, NAR’s chief economist, says higher …
The Costa Mesa (Calif.) City Council voted 4-0 to deny changing the Rolling Homes manufactured housing community from general commercial to high-density residential for the development of a 208-unit apartment complex. An amendment to the city’s General Plan would be needed to change the 55-site community of seniors, who said …
The three major indexes moved up very little in today’s trading as investors anticipate a deluge of corporate returns for the second quarter 2013, although the gains by the S&P were sufficient to set a new record. CNNMoney reports the Dow Jones Industrial Average edged up 1.81 points, +0.01 percent, …
S&P Hits New Record; Most Tracked Housing Stocks Move Little Read More
A new modular home dealer in Jamestown, North Dakota will allow prospective customers the opportunity to tour their model homes between 5 and 9 PM, after the office is closed for the day. Jodi and Cory Bayer’s Marvel Homes will be supplied by Wisconsin Homes of Marshfield, Wis., offering cabins, …
A report from Australia revealing nearly 70 percent of homeless services around the country is not meeting the demand has prompted community groups to call for politicians to respond to the need in their lead-up to the coming elections. The Australian Council of Social Services (ACOSS) says 50,000 units of …
Updating a story we last posted July 9, 2013 concerning the Midland (TX) Independent School District (MISD) providing manufactured housing for staff members in housing-strapped Midland, a grant from The Scharbauer Foundation, Inc. will provide up to $500 monthly per teacher so 300 qualifying teachers can afford to rent a …
Israeli-Canadian architect Moshe Safdie at age 23 designed a modular housing project for the Montreal World Exposition of 1967 comprised of 354 identical concrete modules that became 158 apartments, stacked in a variety of combinations and connected by steel cables. The 38 by 17 foot units, weighing 90 tons each, …
Unusual Modular Design Influenced Numerous Housing Projects Read More
Updating and adding to a story posted by MHProNews July 16 concerning restrictions on manufactured housing (MH) placement in Magnolia Ark., the Magnolia City Council will consider the second part of the ordinance, which deals with the particulars of each manufactured dwelling. All homes must have a perimeter foundation enclosure …
As sales of manufactured housing’s sister industry, the recreational vehicle (RV) business, began accelerating in mid-2012, it also spurred the sales of several manufactured housing (MH) component suppliers. Shipments of motor homes rose 30 percent through May of this year compared to 2012. Drew Industries, Inc., one of the three …
RV Sales Spike Manufactured Housing Component Suppliers Read More
Manufactured homes dominated the discussion at the Prescott, Ark. Planning and Zoning Commission meeting Thursday night. The city’s ordinances have not changed since 1979, and the need for a comprehensive plan is crucial, especially since having annexed a substantial plot of land north and west of the city in 1995. …
Although the Dow and Nasdaq fell today, and the S&P rose slightly, the Dow and S&P are up almost 19 percent on the year, and the Nasdaq has gained nearly 20 percent. CNNMoney reports the Dow Jones Industrial Average edged down 4.8 points, -0.03 percent, to close at 15,543.74. The …
Most Tracked Housing Stocks Gain; S&P Gains, Dow and Nasdaq Slide Read More
The non-profit Next Step, based in Louisville, Kent. has helped over 100 families purchase energy-efficient manufactured homes through its connections with affordable housing organizations across the country. Partnering with Maryville, Tenn.-based Clayton Homes, the largest producer of manufactured homes in North America, Next Step has placed homes in 20 states. …
Non-profit Housing Organization Teams with Clayton Homes Read More
Canada’s Killam Properties, Inc. (TSE:KMP) report investors of record on July 31 will be paid a dividend of $0.0483 per share on Aug. 15, 2013. Three research analysts have rated the stock with a hold rating and four have rated it buy. While shares opened at $13.90 today, July 19, …
The Board of Selectmen in Exeter, New Hampshire voted unanimously to issue a tax deed on a single-family home, thereby taking ownership of the home, but issued deed waivers on eight manufactured homes (MH) which are located in communities. All of the MHs have delinquent taxes going back to 2009, …
