Manufactured and Modular Housing News Archives

Nov 1 2011November 1, 2011

Ayote notes changes in vanishing tradition of a manufactured home retirement in Florida

By MHProNews / November 1, 2011 November 1, 2011 / Manufactured and Modular Housing News

FloridaToday reports that fewer retirees are selling homes up north and are coming to Florida for retirement to live “happily ever after,” said Jim Ayotte, Executive Director of the Florida Manufactured Housing Association and the Manufactured Housing Executives Committee (MHEC) chairman. “It’s unfortunate that everyone is zoning out mobile homes. …

Ayote notes changes in vanishing tradition of a manufactured home retirement in Florida Read More

Nov 1 2011November 1, 2011

Major MH Event draws praise and launches new Video

By MHProNews / November 1, 2011 November 1, 2011 / Manufactured and Modular Housing News

MHProNews has learned that praise for the new early March show date and support for the Great Southwest Home show continues to grow. “The Great Southwest Home Show is one of the best investments we make each year. We have fun while we work.” said Mike Harrison, President of QuikBrick. …

Major MH Event draws praise and launches new Video Read More

Oct 31 2011

Uptick Noted for Drew Industries Stock

By Matthew Silver / October 31, 2011 October 31, 2011 / Business, Company News, Factory-Built Homes, Manufactured and Modular Housing News, Manufactured Homes, RV, Stocks

Zacks reports SmarTrend marks Drew Industries in an uptrend, noting the stock for this manufacturer of components for MH and RVs has risen nearly 24 percent in two months. The online analyst says August 29 the stock was at $19.89 and is now at $24.03. The range over the past …

Uptick Noted for Drew Industries Stock Read More

Oct 31 2011

Modular Vacations on Cape Cod

By Matthew Silver / October 31, 2011 October 31, 2011 / Business, Company News, Factory-Built Homes, Manufactured and Modular Housing News, Manufactured Homes, Modular, Trends

CapeCodTimes reports Jacques Lapointe, owner and developer of Pleasant Bay Homes of East Harwich, Massachusetts, has placed nearly 200 modular homes on the Cape since 1999. The most recent is a 4,600 square foot five-bedroom home overlooking the Atlantic Ocean in Orleans, MA for Dee Overton. “This was a paper …

Modular Vacations on Cape Cod Read More

Oct 31 2011October 31, 2011

Dow Drops Despite Best Month Since 1987; Palm Harbor Spikes 80% Plus

By Matthew Silver / October 31, 2011 October 31, 2011 / Manufactured and Modular Housing News, Stocks

CNNMoney reports the Dow Jones Industrial Average fell 276.10 points during the day to close at 11,955.01, a loss of 2.26 percent as Japanese intervention in the currency market caused the dollar to rise and U.S. stocks to fall. However, the month of October still has been the best since …

Dow Drops Despite Best Month Since 1987; Palm Harbor Spikes 80% Plus Read More

Oct 31 2011

Bernanke in the Ring: “It’s a left, then a right, another left …!!”

By Matthew Silver / October 31, 2011 October 31, 2011 / Advocacy, Business, Economy, Manufactured and Modular Housing News, regulation

WashingtonPost reports Ben Barnanke will get pounded from the left and the right at this week’s Federal Reserve policy making committee. Half of the ten member committee disagrees with his monetary policy. The conservatives say he is doing too much; the liberals saying he is not doing enough. “A growing …

Bernanke in the Ring: “It’s a left, then a right, another left …!!” Read More

Oct 31 2011

Water and Oil: A Tough Mix in Minot

By Matthew Silver / October 31, 2011 October 31, 2011 / Communities, Factory-Built Homes, home buyers, Manufactured and Modular Housing News, Manufactured Homes, People

MHProNews has learned of a letter sent to the Minot Daily News from a woman whose single-mother daughter wisely moved her manufactured home out of the flood zone in advance of the raging Souris River this past spring, but now has no place to site it. The original community, Valerie …

Water and Oil: A Tough Mix in Minot Read More

Oct 31 2011October 30, 2011

TX State Exec for the departing Thayer Long’s post?

By MHProNews / October 31, 2011 October 30, 2011 / Manufactured and Modular Housing News

MHProNews asked DJ Pendleton, the Executive Director for the Texas Manufactured Housing Association (TMHA), to comment about his being approached by MHI’s leadership to fill the role by the departing Thayer Long. “I was exceptionally flattered to be mentioned as a potential replacement for Thayer, especially after I saw the …

TX State Exec for the departing Thayer Long’s post? Read More

Oct 28 2011October 28, 2011

Dow Rests Following Huge Rally; Nobility Homes Spikes

By Matthew Silver / October 28, 2011 October 28, 2011 / Business, Manufactured and Modular Housing News, Stocks

CNNMoney reports the Dow Jones Industrial Average rose a mere 22.56 points during the day, as investors stepped back from yesterday’s blockbuster. However, the month of October has seen the value increase 12 percent, and the gains have been the best since January 1987. The Dow closed at 12,231.11, a …

Dow Rests Following Huge Rally; Nobility Homes Spikes Read More

Oct 28 2011

Roll Call: Vets to Muster in Modular Home Community

By Matthew Silver / October 28, 2011 October 28, 2011 / Business, Communities, Company News, Factory-Built Homes, home buyers, Manufactured and Modular Housing News, Modular, People

LIBN reports from Smithtown on Long Island in New York that Veritas Villages of America plans to build 560 affordable modular homes, apartments and townhouses for U.S. military veterans and their families. Veritas intends to win grants from the federal government to provide veterans housing and qualify for the HUD-VASH …

Roll Call: Vets to Muster in Modular Home Community Read More

Oct 28 2011

The New HARP: Performing for a Larger Underwater Audience

By Matthew Silver / October 28, 2011 October 28, 2011 / Business, Economy, Finance, home buyers, Manufactured and Modular Housing News, People, regulation

MHProNews has learned in a report from DSnews the Federal Housing Financing Agency (FHFA) has redesigned HARP (Home Affordable Refinance Program) to bolster more underwater homeowners, and thereby buoy the housing market a little longer. Originally, only those who owed more than 25 percent above the value of their home …

The New HARP: Performing for a Larger Underwater Audience Read More

Oct 28 2011November 10, 2011

MH Dealer Facing New Charges

By Matthew Silver / October 28, 2011 November 10, 2011 / Business, Company News, Factory-Built Homes, Manufactured and Modular Housing News, Manufactured Homes, mobile home, People

KRGVTV reports from Laferia, Texas, that an MH dealer with two pending civil cases against it has received a fresh batch of accusations alleging fraud. Park Girl in Laferia, in south Texas, has been accused of taking deposits for manufactured homes and then breaking the contract without returning the money. …

MH Dealer Facing New Charges Read More

Oct 28 2011

Bailout Estimate Falls. FHFA Funds GSEs; GSEs Pay FHFA Dividends. Any Questions?

By Matthew Silver / October 28, 2011 October 28, 2011 / Business, Economy, Finance, home buyers, Manufactured and Modular Housing News

MHProNews has learned from NationalMortgageNews the Federal Housing Finance Agency (FHFA) now estimates it will cost $52 billion less to bail out Fannie Mae and Freddie Mac because of better than expected results of the GSEs (government sponsored enterprises). The agency’s original estimate was between $221 billion to $330 billion, …

Bailout Estimate Falls. FHFA Funds GSEs; GSEs Pay FHFA Dividends. Any Questions? Read More

Oct 28 2011

Modular Manufacturer Hangs up the Hammers

By Matthew Silver / October 28, 2011 October 28, 2011 / Business, Company News, Economy, Factory-Built Homes, home buyers, Manufactured and Modular Housing News, Manufactured Homes, Modular, People

BoonvilleDailyNews reports from Boonville, Missouri, that modular home builder Fuqua Building Systems closed its plant here and its office in Bend, Oregon, earlier this month after over 40 years in business. At one time employing 175 in Boonville, Fuqua had ceased operations in May after a series of layoffs since …

Modular Manufacturer Hangs up the Hammers Read More

Oct 27 2011October 27, 2011

Sparks fly on NFPA Report on Fires and Manufactured Homes: We provide, You decide

By MHProNews / October 27, 2011 October 27, 2011 / Manufactured and Modular Housing News

MHProNews has received press releases and statements/reports from and about the National Fire Protection Agency (NFPA) on the topic of fire safety in HUD Code manufactured housing. The differing press releases from MHI and MHARR are closely tied with the subject of fire sprinklers, preemption and the very nature …

Sparks fly on NFPA Report on Fires and Manufactured Homes: We provide, You decide Read More

Oct 27 2011October 27, 2011

Palm Harbor Roars, Manufactured Housing out soars, Dow rose on a big day for market gains

By MHProNews / October 27, 2011 October 27, 2011 / Manufactured and Modular Housing News

CNNMoney reports a nearly 340 point jump in the Dow on the announcement that the European Union had agreed on a debt deal. The Dow Jones Industrial Average soared +339.44 (+2.86%) to close at 12,876, now in positive territory for the year, at +5.45%. The Yahoo! Finance Manufactured Housing Composite Value …

Palm Harbor Roars, Manufactured Housing out soars, Dow rose on a big day for market gains Read More

Oct 27 2011October 27, 2011

The Future of Manufactured Housing News starts this weekend!

By MHProNews / October 27, 2011 October 27, 2011 / Manufactured and Modular Housing News

The switchover from the current website format of MHProNews.com (a.k.a. MHMSM.com) to the long anticipated new one will begin Saturday evening at 11 PM Central Time. While many of the changes are technical ones that only a web-pro will notice, regular visitors will see dozens of new features and a …

The Future of Manufactured Housing News starts this weekend! Read More

Oct 27 2011October 26, 2011

King pleads Guilty!

By MHProNews / October 27, 2011 October 26, 2011 / Manufactured and Modular Housing News

In a follow up to a story published on MHProNews August 17th, BlueRidgeNow reports that 55 year old Roger Leon King plead guilty to 7 counts of obtaining property by false pretenses, totaling more than $290,000. Arrested in August on 2 counts, King was charged with five additional counts in …

King pleads Guilty! Read More

Oct 27 2011October 26, 2011

Toxic Chinese Drywall Suit Plasters Miami Court

By Matthew Silver / October 27, 2011 October 26, 2011 / Advocacy, Business, Company News, home buyers, Legal, Manufactured and Modular Housing News, People

Following up on a story we initially published March 17, 2011, MiamiHerald reports a multitude of homeowners in South Florida have filed separate legal claims against a German producer of Chinese drywall and the local distributor, alleging the drywall contains toxins that can cause breathing problems, emit foul odors, and …

Toxic Chinese Drywall Suit Plasters Miami Court Read More

Oct 26 2011October 26, 2011

Companies team up for new panelized building process

By MHProNews / October 26, 2011 October 26, 2011 / Manufactured and Modular Housing News

MHProNews has learned that SABIC Innovative Plastics and construction supply firm Meccano de Mexico developed one-piece, reusable concrete forms made from SABIC’s LNP Verton long glass fiber reinforced thermoplastic composite. The corrosion-resistant composite forms developed by SABIC and Meccano de Mexico replace heavy multi-piece steel forms. They are used to …

Companies team up for new panelized building process Read More

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