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 Census Bureau says home ownership is at its lowest point in 15 years, Harvard University’s Joint Center for Housing Studies reports “After across-the-board declines in 2011, all major house price indexes registered significant increases in 2012.” As documentation, the Center says the March 2013 median house price was […]
Center for Housing Studies says Housing Recovery is Real Read More
Investors stepped back from the dance floor today anticipating the Federal Reserve may announce it will begin to pare its bond buying in September, causing the three indexes to slide slightly. CNNMoney reports the Dow Jones Industrial Average edged up +3.22 points, +0.02 percent, to close at 15,558.83. The Nasdaq
Major Indexes Slide, most Tracked Housing Stocks Drop, but Nobility Rises Read More
The reality TV show “Duck Dynasty” about the backwoods family who started a lucrative duck call business and has now hooked up with Clayton Homes perpetuates the stereotype of people who live in manufactured homes (MH) as “rednecks,” an image the industry is trying to dispel. Kirk Walker of The
TV Show no help to Manufactured Housing Image Read More
A proposed law in the Massachusetts Legislature, MA H1116, would provide out of court dispute resolution and require water, septic and sewer inspections at each home, something the residents say is needed, but owners say it could sink them. Costing $300-$500 per septic tank, and nearly as much for the
Proposed Law would Cost Community Owners Read More
City councilors in Campbell River, British Columbia, Canada are encouraging the creation of manufactured housing communities and have set up a study to identify properties that might be developed as a viable and affordable housing option. Prompted by petitioners who are being forced out of communities where owners are seeking
Council Calls for more Manufactured Housing Communities Read More
The Department of Housing and Urban Development (HUD) has published a proposed ground anchor testing and installation rule for manufactured housing in the July 26, 2013 edition of the Federal Register. The proposal would adopt recommendations made by the Manufactured Housing Consensus Committee to determine ground anchor performance. Since there
HUD Issues Ground Anchor Proposal for Manufactured Homes Read More
The CEO and owner of Harold’s Easy Livin’ Homes in Abingdon, Vir., William Harold Stapleton, 83, passed away at his home July 24, 2013. Called a “Living Legend of the factory-built home industry,” Mr. Stapleton earned numerous awards as the number one dealer of the companies he represented, and always
Passages: William Harold Stapleton Read More
The fire department in the west central Texas town of Big Spring was to meet with city staff today to discuss fire codes relating to modular homes made from shipping containers that the city council voted to allow in at their last meeting. As MHProNews has learned from cbs7kosa, the
Fire Safety in Modular Homes to be on Agenda Read More
Cavco Industries, Inc., will release financials for Q1 of fiscal year 2014 after the close of the market Thurs., Aug 1. 2013. The following day senior management will discuss the results in a live webcast Fri., Aug 2 at 12 noon Eastern time. Interested parties will be able to listen
Cavco to Release Financials Read More
The blue-chip index had fallen 150 points during today’s trading but managed to pare losses and finish the day +0.02 percent, as investors anticipate the government’s jobs report and a meeting of Fed officials next week. CNNMoney reports the Dow Jones Industrial Average edged up +3.22 points, +0.02 percent, to
Dow Returns from Sharp Fall; Housing Stocks End Week Mixed Read More
Ten years ago architect Stephen Kieran, noting you can drive the least expensive automobile through a thunderstorm at 70 mph and not get a drop of water inside, challenged the home building industry to do as good a job. Martin Holladay of Green Building Advisor says the technology for producing
Home Building Methods have Changed Little Read More
Estevan, Saskatchewan, Canadaian developer Kurtis Dmuchowski has received an initial green light to proceed with a modular housing subdivision in which the residents will own the land and the homes, and will have input to a board of directors that makes decisions about the community’s operation. The 56.62 acre site
Modular Community will be Resident-owned Read More
A south Tex. ranch now boasts a vintage aluminum factory-built home cradled in a steel frame with a concrete blockhouse for utilities, storage and a screened sleeping room. Overlooking the Neuces River on the client’s favorite spot on the grounds, Andrew Hinman Architecture added a simple steel-framed roof covering it
Ranch Addition Encompasses Aluminum Factory-built Home Read More
Updating a story MHProNews published June 19, 2012 regarding the Broad Group’s plan to build the tallest skyscraper in the world using modular construction, the July 20, 2013 groundbreaking in China’s Hunan Province was a festive affair but short-lived: Local government officials suspended the project allegedly because the Broad Group
Construction of World’s Tallest Building (Modular) on Hold Read More
Updating a story MHProNews posted earlier today about allegations by the Consumer Financial Protection Bureau (CFPB) that Castle & Cooke Mortgage of Salt Lake City made illegal incentive payments to loan officers, the president of C & C denied the charges and is seeking to resolve the issue. “We don’t
Castle and Cooke Deny Wrongdoing Read More
Although the Nasdaq index was spurred on by Facebook’s strong earnings report, the broader market was not terribly active today one way or the other, although the other two indexes did move up slightly, and all three are up 18 percent on the year. CNNMoney reports the Dow Jones Industrial
Patrick Ind. Makes Gains, Nobility Falls; Three Major Indexes Move Up Read More
Manufactured housing component supplier Lippert Components, Inc. of Elkhart, Ind. announces its patented Level Up automatic leveling system for recreational vehicles (RV) is now available using a wireless remote. Level Up will level an RV in under a minute, and it includes a feature that remembers the exact height at
Lippert Brings Wireless to Recreational Vehicle Leveling Read More
Campaign contributions for seven of eight newly installed GOP House committee chairmen have risen 59 percent in this year over the first six months of 2011. The 11 continuing committee chairmen only show a three percent average increase in first-half contributions this year over the same time frame two years
New House Committee Chairmen Rake in the Chips Read More
Manufactured Housing Community owner Sun Communities, Inc. (NYSE:SUI) will release its Q2 2013 financials before the market opens Thurs., July 25, to be followed by a conference call at 11 a.m. that same morning. For the first quarter of this year revenue increased 24.4 percent over the same period last
Sun Communities to Offer Q2 2013 Results Read More
A mortgage lender is being sued by the Consumer Financial Protection Bureau (CFPB) for allegedly paying bonuses to loan originators that charged consumers higher interest rates in violation of the loan officer compensation rule. The 85th largest lender in the country, Castle and Cooke Mortgage LLC of Salt Lake City
CFPB Sues Lender for Violating Compensation Rule Read More
