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.
Jetsongreen reports on a variation our previously reported ‘tiny house’ trend. Austin, TX based Sett Studio is building a line of prefab studios that are 97 to 192 square feet in size. Sett’s modern design with energy-efficient construction can be used as a home office, art studio, exercise or meditation …
Prefabs under 200 square feet, for $20,000 – $30,000 Read More
Businessweek reports thatPalm Harbor Homes Inc., which sold their assets to Fleetwood in April for $83.9 million, has scheduled a Nov. 17 confirmation hearing to approve a Chapter 11 plan. The bankruptcy court in Delaware approved this week the explanatory disclosure statement on Sept. 27. The disclosure statement predicts that holders of …
Palm Harbor Homes Plan Set for Nov. 17 Confirmation Read More
Boston reports that New Hampshire’s attorney general has filed suit against the developers of Lake Winnipesaukee area housing complex, The suit alleges safety and building code violations, which the developer Arthur Sullivan denies. The legal pleadings claim many of the 93 modular homes at the Villas at Paugus Bay in …
CNNMoney reports that the Dow closed 11,010.90 -179.79 (-1.61%) and off -4.89% year-to-date. The Yahoo! Finance Manufactured Housing Composite value dropped even harder, closing at 730.6, off -4.28% today. Affiliated Managers Group 79.88 -4.97 (-5.86%), but climbed sharply after the bell. Clayton Homes, Vanderbilt Mortgage and Finance and other Manufactured …
Monday’s Rally Rusts, Stocks Dust, Manufactured Housing tumbles too Read More
ChicagoTribune reports that fabled Frank Lloyd Wright’s American System-Built Home in south Milwaukee has been placed on the market for sale. The home is one of six that Wright did as part of his pursuit for affordable housing. It was made from prefabricated materials that were assembled onsite. The home …
Ahead of his time, Frank Lloyd Wright’s American System-Built Homes for sale Read More
Istockanalyst reports that a bill by CA state Senator Jean Fuller could make it easier for residents in land lease communities there to get private money loans. With professionals, buyers and sellers all pointing to a lack of commercial banks in the field, this is seen as important for all …
Bill could make private loans in manufactured home land lease communities easier Read More
Businesswire reports that real estate and investment experts urge prospective homebuyers to purchase a home now as part of a long-term savings and investment solution. In recent reports, the national home affordability index is at its highest levels since 1971. Prices have fallen so far that buying a home appears …
Low interest and prices yields maximum home affordability Read More
NorthFortMyersNeighbor reports that manufactured home communities in Lee county may be allowed to keep their recycling programs in place. In a recent 3-2 vote, Lee County (FL) Commissioners voted to have staff come back with a revised ordnance that will “grandfather-in” the parks’ way of handling recycling. 23 manufactured home …
Manufactured Home Communities may win on private recycling plan Read More
Businessweek reports that Oklahoma Governor Mary Fallin announced a program that could help 500 households in her state receive up to a $2,000 cash rebate for the installation of a qualified tornado shelter. Using $1 million in federal grant money, the program offers a rebate of up to 75 percent …
CNNMoney reports a nice jump in the Dow, on the heels of a pledge for ‘no default’ by Greece. Market headlines include a tag by millionaires who are urging Warren Buffett to speak for himself and not them on President Obama’s call for higher taxes on the wealthy. The Dow …
No default pledge boost Dow, Manufactured housing stocks rise Read More
Housingwire reports on a study by The Office of the Inspector General that reveals that the Federal Housing Finance Agency (FHFA) lacks the staff to properly monitor the mortgage giants in conservatorship. The study also indicates the FHFA failed to provide adequate oversight over default services legal issues. The Inspector …
Inspector General’s report tags the FHFA’s handling of GSEs. Read More
Colorodoan reports that Bender Mobile Home Park has sold to a developer who plans to redevelop the location as single family housing. Located at 912 Wood Street in Fort Collins, CO, the property has 16.7 acres, some two dozen factory built homes and some site built housing structures on it …
Curbed, AOLRE and MyWestTexas are among the many to report that the most expensive manufactured home sale of the year has closed in Paradise Cove manufactured home community in Malibu, CA. The home listed for some 2.5 million and was sold for 2 million dollars – ‘all cash.’ It is …
Baywatch’s Pam Anderson as your “upwardly mobile” neighbor, 2+2MH Sells for 2 Million Cash Read More
ClearnEnergyAuthority reports that Team Canada’s entry in the 2011 Solar Decathlon in Washington D.C this week uses native cultural design for their solar home. “In Canada, and I’m sure in North America, cultural considerations have been largely left out of the process of building homes, and that omission doesn’t represent …
Canadian Solar Decathlon Entry Blends design with cultural sensitivity Read More
MySA reports that American Institute of Architects award winning Lake|Flato Architects has entered the modular/prefabricated home field with a new subsidiary. Lake|Flato Porch House is building Leadership in Energy and Environmental Design (LEED) certified modulars in Navasota TX, near Houston. “What Lake|Flato does particularly well comes into play,” said Lake|Flato architect Bill …
ECT.COOP, published by the National Rural Electric Cooperative Association (NRECA), says that many manufactured homes are wasteful when it comes to using electricity. A new report, Retrofitting Manufactured Homes for Improved Energy Efficiency, can help in many cases, but Brian Sloboda, of NRECA’s Cooperative Research Network (CRN), says there is …
CNNMoney reports the Dow Jones Industrial Average reversed some of last week’s losses and climbed 243.93 points, a gain of 2.26 percent, to close at 11015.41 as investors fears about Europe’s debt crisis turned to hope. The Yahoo! Finance Manufactured Housing Composite Value gained slightly to 753., +0.82%. Affiliated Managers …
Dow Rebounds from Last Week’s Pounding; Housing Stocks Close Mixed Read More
MountainXpress reports that students from Asheville-Buncombe Technical Community College (A B Tech) in Asheville, North Carolina, have built a LEED (Leadership in Energy and Environmental Design) Certified house that they are selling to raise money for the school. The 280 square foot modular home, from the school’s Construction Management and …
Reuters reports the U.S. Energy Department’s Solar Decathlon competition resulted in an array of modular homes built by collegiate design teams from across the globe. The homes have to be between 600 and 1000 square feet, no taller than 18 feet, and solar powered. The CHIP (compact hyper-insulated prototype) House, …
The Prescott Daily Courier states the report of a Chino Valley contractor noted faulty drainage hook-ups in a recent conversion of septic tanks to sewer lines in Chino Meadows 2 manufactured home community. Of 171 homesites inspected, eleven needed extensive repair due to sewage back-up and sagging drain lines, 105 …
Conversion from Septic to Sewer Results in Problems Read More
