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 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 […]
Existing Home Sales Rise over Last Year Read More
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
City Council Votes to Refuse Conversion Read More
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,
New Modular Home Dealer to Open Read More
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
Modular Housing Proposed for the Homeless Read More
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
School District Receives Housing Grant Read More
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
Siting, Appearance of Manufactured Homes Proposed Read More
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.
City Needs Updating of Land Use Ordinances Read More
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,
Killam of Canada Declares Dividend Read More
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,
Board Rejects Seizing Manufactured Homes Read More
With a wealth of manufactured housing in her background, Kathy Tompkins, of Grand Valley, Colo. has joined Heiden Homes Realty and Associates in Grand Junction. She currently owns Manufactured Home Parts, established in 2000, and specializes in manufactured home sales. A general contractor for 13 years, gjsentinel informs MHProNews Tompkins
Realtor Specializes in Manufactured Homes Read More
Massachusetts’ controversial Chapter 40B provision allows developers to build housing complexes that do not conform to local zoning ordinances if the town does not have ten percent affordable housing in its stock. Belcherton, in west central Mass., has only 6.4 percent affordable housing, and its Board of Selectmen are considering
Amendment would Change Definition of Affordable Housing Read More
Universal Forest Products, Inc. (UFPI) reports second quarter 2013 net sales of $738.4 increased 24.4 percent over the $593.7 net sales for the same period of 2012. Second quarter net earnings for 2013 equaled $15.8 million compared to $17.5 million for the same period 2012, although 2012’s earning included gains
Universal Forest Products, Inc. Sales Gain for Q2 213 Read More
The Dow and S&P reached new highs in today’s trading amid a drop in jobless claims and positive corporate returns that pleased investors. CNNMoney reports the Dow Jones Industrial Average gained +78.02 points, +0.50 percent, to close at 15,548.54. The Nasdaq moved up +0.04 percent, +1.28 points, to end the
All Tracked Housing Stocks Gain; Dow and S&P Set new Highs Read More
In the forefront of the news recently has been the ability to make a handgun using 3-D printing technology. The next industrial revolution will be the advent of 3-D printing technology that will create everything from fine jewelry to body parts to large machinery to homes. Objects are constructed in
Build your Home with a 3-D Printer? Read More
With $1 million in financing from ROC (resident-owned communities) USA Capital, Prairie Lake Estates land lease community became Prairie Lake Estates Homeowners Cooperative, as the residents of this 70 homesite community became a Wisconsin limited-equity housing co-op corporation. The Northcountry Cooperative Foundation (NCF) provided leadership and technical support to the
Wisconsin Land Lease Community Converts to Co-operative Read More
