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.
The slowing of Chinese industrial growth in the first qurter of 2013 had already lowered U. S. stocks when word arrived of the explosions at the Boston Marathon, which sent the Dow 120 points lower. The Nasdaq and S&P both dropped over two percent. CNNMoney reports the Dow Jones Industrial …
Marathon Bomb Shocks Housing Stocks and Indexes to Drop Read More
Updating a story we reported Feb. 20, 2013 about the Class of 2013 inductees into the RV/MH Hall of Fame Aug. 5, 2013, RVBusiness informs MHProNews that Mark Wasson of Bluelinx Corp., the newest board member and chairman of this year’s event has announced new events built around this year’s …
The Lehigh Valley Business news reports from Pennsylvania that Liberty Homes in Mount Pocono, Penn. is partnering with the U. S. Dept. of Energy (DOE) in their Total Home Performance Challenge to certify their homes have a high energy efficiency rating to maximize energy savings for their manufactured and modular …
WiscNews informs MHProNews from Baraboo, Wis., just north of Madison, that Blackhawk Home Sales is pulling up stakes June 1. In business since 1970 selling manufactured and modular homes, President Jim Loechler said the property has been for sale for five years and he intends to retire. It will be …
As marketwire reports, Baltimore-based Algeco Scotsman has inked a joint venture agreement with Beijing Chengdong International Modular Housing Company, Ltd. Under the brand name Algeco Chengdong, the collaboration will produce, lease and sell modular housing solutions in China, which has emerging needs for flexible, onsite, temporary accommodations in the energy, …
CapeGazetteVillageSoup informs MHProNews a Delaware state initiative to help manufactured home owners with site rent and house payments will be unveiled April 15, according to Rep. Ruth Briggs King. The new Manufactured Housing Assistance Program (MHAP) will provide up to $5,000 as the result of state funding being set aside …
Investors fretting about tepid retail sales and weak consumer confidence put the lid on index advances, although the Dow is up two percent on the week. CNNMoney reports the Dow Jones Industrial Average lost -0.08 points, not enough to amount to a percentage, ending the week at 14,865.06, still only …
Dow Up 2% on Week, Manufactured Housing Composite Down 5% Read More
The digitaljournal informs MHProNews that Killam Properties, Inc. of Halifax, Nova Scotia, Canada will announce its financials for the quarter ending March 31, 2013 on May 7, 2013 after the close of the market. A conference call to discuss the findings will follow on Wed. May 8, 2013 at 9 …
A bill introduced in the North Carolina legislature would bar counties from enforcing laws that exclude manufactured housing from residential areas with other single-family homes, according to citizentimes of Asheville. State Rep. Nathan Ramsey, Republican from Buncombe County, informs MHProNews, “Everyone knows affordable housing is a problem in Western North …
MHProNews has learned from The Federal Register that the Manufactured Housing Consensus Committee (MHCC) Structural and Design Subcommittee will hold a teleconference meeting Tue. April 23 from 1 PM to 4 PM EST. The agenda tentatively includes discussion regarding alternative foundation system testing, formaldehyde testing, and standards for windows, sliding …
Manufactured Housing Consensus Committee Sets Teleconference Date Read More
If you Google “definition manufactured home,” what pops up may surprise you. “Mobile home: a large house trailer that can be connected to utilities and can be parked in one place and used as permanent housing.” Credit for the entry is Princeton University’s WordNet. MHProNews publisher L. A. “Tony” Kovach …
1960’s Definition of Manufactured Housing Clouds Industry Read More
According to pegasusmarkets, East Dallas (TX) entrepreneur Jeremy Turner is transforming a 1955 Spartan trailer into a mobile art gallery to provide emerging artists with an outlet to display and sell their work. Called CART, the interior will be gutted and outfitted with white walls, gallery lighting, and air conditioning. …
BusinessInsider tells MHProNews the chief economist at Gluskin Sheff, David Rosenberg, citing the drop in mortgage applications from a year-over-year rate of 16% in Jan. 2013 to only three percent today—they fell 1.3 percent the week ending April 5– says U. S. housing demand is beginning to slow. He says …
The Dow Jones and the S&P 500 both continued their climb, hitting new record highs as the three major indexes made modest gains in trading today. CNNMoney reports the Dow Jones Industrial Average gained +0.42 percent, +62.9 points, to end the day at 14,865.14, one percent shy of 16,000. The …
As fastcoexist.com informs MHProNews, a group of Stanford University students in Calif. have developed a modular home “Core” concept—the plumbing and most of the mechanicals are basically in a 12′ X 15′ X 10′ box, with wires and ducts fingering out. Start.Home has a kitchen on one face of the …
M & W Trailer Sales opened in Escondico, Calif. in 1959 when customers had two carpet choices—avocado green or harvest gold, and Noel Williams (the ‘W’) lived on the lot in a trailer with his wife. Now called M & W Home Sales, and located in Hemet, Calif., The Press …
CNNMoney tells MHProNews evidence strongly suggests the real estate nightmare is coming to an end, as, according to data provider CoreLogic, home prices over the past year rose in 92 of the 100 largest real estate markets. Sales volume increased in 69 of the top 100 markets and 35 showed …
MHI’s National Communities Council (NCC) has announced that it is expanding its current slate of networking and business building opportunities by creating a new flagship leadership and networking event to be held each fall. The first annual NCC Fall Leadership Forum will be held On October 16-18, 2013 at the …
For the first time in the history of the Federal Housing Administration (FHA), with its mortgage fund a minus $13.5 billion, the agency may need a government bailout by October, as HousingWire tells MHProNews. FHA Commissioner Carol Galante said, “The President’s budget projects that FHA may need a $943 million …
Upon the release of Federal Reserve minutes saying the quantitative easing will continue through mid 2013, investors roared their approval, pushing the Dow and S&P to close at new record highs. CNNMoney reports the Dow Jones Industrial Average advanced +0.88 percent, +128.78 points, to end the day at 14,802.24. The …
Dow, S&P Hit New Highs; Tracked Housing Stocks Minus One Advance Read More
