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.
WoodworkingNetwork reports Okaply Industries, a producer of plywood, vinyl laminated panels, MDF, particleboard and mouldings for the manufactured housing and commercial modular industries, is opening a fully-equipped moulding dept. at its facility in Calgary, Alberta Canada. Based in Opa, Quebec, just north of Montreal, Okaply opened the plant in Calgary […]
MH Component Maker Expanding Read More
The ridgefieldpatch tells MHProNews from the southwest corner of Conn. the people of Ridgefield have seen a number of affordable housing units in their town recently. Currently before the Planning and Zoning Commission is a proposal for an eleven unit modular housing development. By law affordable housing developers must designate
MOD Comes to Western Conn. Read More
As follow-up to a story MHProNews last published Dec. 7, 2012, centredaily reports from College Township, Penn., since residents at the Hilltop Mobile Home Park received notices the community will close this Feb., city officials are considering whether to adopt an ordinance requiring developers to include a percentage of affordable
On the Table: Affordable Housing Ordinance Read More
According to enidnews, the Metropolitan Area Planning Commission (MAPC) in Enid, Okla. will consider amending the city municipal code to allow temporary workforce dormitories be sited on land now zoned industrial to meet housing needs for oil and gas field workers. Although no developers have requested the change, the city
Temporary Mfg. Housing to be Okay in OK? Read More
Door and Window Market Magazine states a study by the Joint Center for Housing Studies at Harvard University indicates the market for remodeling is being stimulated by foreclosures being revitalized, seniors retrofitting their homes in response to changing needs, and energy conscious homeowners making their homes more sustainable. Homeowners over
Home Improvement another Positive Housing Sign Read More
MHProNews has learned that attendance at the 2013 Louisville Show rose a stunning 1.337% vs. the 2012 totals, according to preliminary numbers released by Michele Middleton of the Show Ways Unlimited. Middleton stressed that filters must be run to gauge the exact tallies in all categories, but that the initial
Louisville Show Success! Initial Report, by the numbers Read More
The housing shortage in Minot, North Dakota following the Souris River flooding in 2011 and the oil boom in western ND has resulted in students and faculty at Minot State University scrambling for places to live. The university has responded by installing ten modular housing units called ‘Beaver Lodge.” Set
University Goes Modular Read More
The HudsonReporter informs MHProNews, following a lengthy process of having chromium- contaminated land cleaned up in Jersey City, New Jersey, a consortium of non-profits and for profits witnessed the arrival of 22 modular townhomes that will be known as Jackson Green on Rose Avenue, in the Martin Luther King Drive
Modular Homes Rising across from NYC Read More
According to nationalmortgagenews, new home sales in Dec. 2012 dropped 7.3 percent to a seasonally-adjusted annual rate (SAAR) of 369,000 units from 398,000 in Nov., which marked a two-and-a-half-year high. The Census Bureau estimates new home sales increased 20 percent from 2011 to 367,000 units for 2012. While there were
Housing Indicators Shining into 2013 Read More
The billingsgazette reports Canadian-American Structured Solutions, Inc. (CASS), which opened its doors in May, 2012 in Billings, Mont. to build modular homes to help meet the housing shortage in ten western states and three Canadian provinces has announced it will layoff about 30 employees as a temporary measure. CASS’ president
Layoffs only Temporary Read More
DailyFinance tells MHProNews T. J. T., Inc., based in Eagle, Idaho reports a net loss of $1,149,000, $.25 a diluted share, for fiscal year 2012 for this supplier of axles, tires and set-up supplies for the MH industry. Lower sales volume combined with an increase in SG&A (selling, general and
T. J. T. Reports Substantial Drop in Sales Read More
Just as investors were tasting a flurry of better than anticipated corporate earnings, the S&P closed above 1500 for the first time since 2007, moving all three indexes into the plus column as the week ends. CNNMoney reports the Dow Jones Industrial Average moved up +0.51 percent, +70.65 points, to
Nobility and Patrick Spike; S&P ends above 1500 Read More
As follow up to a story we posted Dec. 4, 2012 concerning the Huntington Beach (Calif.) City Council approving a subdivision map for an MHC to become a resident-owned community, MHProNews learned that after a superior court judge charged the city council and city attorney with contempt, the city council
Community Owner Fights City Hall and Wins Read More
DesertDispatch reports from Barstow, Calif. in San Bernardino County a factory-built home sold to a family at the Hacienda Mobile Home Park was alleged to have black mold, running sewage, an open electrical panel and a leaking water heater. Deemed uninhabitable by the Dept. of Housing and Community Development, Hacienda
State: MHC Sold Unlivable Home Read More
MHProNews has learned from oregonnow that one of the 14 MHCs that have closed in the Portland, Oregon area since 2005, Baseline Woods Mobile Home Park, in Aloha, will soon see the rise of 230 apartments and 300 homes. While the developer says the housing is needed to respond to
More Lucrative to Develop MH Property Read More
Homeland Security Today tells MHProNews the Federal Emergency Management Agency (FEMA) is holding two half-day briefings Feb. 19 to, one, discuss the construction of temporary manufactured housing with industry officials the first half, and the hauling and installation of the units the second half. FEMA intends to hold a design
FEMA Plans for Disaster Housing Read More
Investors focused again on corporate financials as U.S. Stocks closed mixed, while a falling Apple stock pulled down the Nasdaq. CNNMoney reports the Dow Jones Industrial Average gained +0.33%, +46 points, to end the day at 13,825.33. The Nasdaq fell -0.74%, -23.29, to close at 3,130.38, while the S&P gained
Patrick, Drew Advance; Major Indexes Change Little Read More
The Globe and Mail from Toronto informs MHProNews Jason Halter and Michael de Jong have created a two-story modular house from 70% recycled materials. Using shipping container steel frames clad in cedar, the homes start around $115 a square foot. While this energy efficient house can be had with Italian
Modular Made from Recycled Materials Read More
The National Association of Home Builders (NAHB) says the demand for housingfor those 55 and older will increase through 2020 as the boomers age. Says the NAHB’s Paul Emrath, “We expect to see an increased demand for 55+ housing as more baby boomers turn 55 and seek homes and communities
Senior Housing Needs on the Rise Read More
Insidermonkey reports while the stock of some of the nation’s largest traditional home builders rose tremendously in 2012, investors should pay attention to manufactured home companies. Specifically, while noting the MH industry is at a distinct disadvantage because of the government’s support of the mortgage purchase programs, nevertheless Clayton Homes’
MH Business a Good Investment Read More
