The potential for economic growth usually brings the promise of a windfall for many, including landowners. With that growth, potential challenges can also appear. In Kitimat, British Columbia (B.C.), the potential for future pipelines, liquefied natural gas (LNG) plants and the Rio Tinto Alcan smelter brings with it the promise …
Potential Economic Boom Presents Affordable Housing Challenges Read More
A manufactured home community in Manassas, Virginia is facing a unique set of circumstances. The city is ready to step in and solve a long running sewage problem at the community by purchasing it. But only if the residents move off the property. According to InsideNova, residents of the East …
Rewarding Bad Behavior? City Threatens Evictions, MH Residents Push Back Read More
Sun Communities, Inc. saw its short interest rise significantly in September, reports Chris Copeland for Baseball News. As of Sept. 30, the real estate investment trust’s short interest reached 1,758,243 shares, an increase of 77.5% from the 990,646 shares it had just 15 days earlier. According to an average daily …
Insider Trades, as Short Interest in Sun Communities by Fund Managers Rises Read More
Portsmouth, NH assistant mayor Jim Splaine is doing what he can to put an end to the stigma that’s often felt by people who live in manufactured homes. Too often, the areas where manufactured homeowners live are referred to as “trailer parks,” reports seacoastonline’s Jeff McMenemy. “I think it does …
Assistant Mayor Pushes to Remove “Trailer” Terminology Read More
On the northwest side of San Antonio, a literally smelly controversy has been brewing. According to multiple news sources, including the San Antonio Current, the owner of Oak Hollow Mobile Home Park has been served a cease and desist by the city. The order tells him to stop lying to …
City tells Community Owner, Stop Lying – called a “Slumlord” Read More
“As the moms and pops that built our mobile home parks age out, predatory, out-of-town corporate investors have been taking over.” – Measure V proponents “Once rent control is adopted, politicians will – by the tenants’ votes – be giving the landlord’s property to the tenants. It happens all the …
On this celebration of our 7th year of uninterrupted factory-crafted housing trade media publishing, we begin the month with this thought-provoking theme: Obstacles and Opportunities in Affordable Housing – October 2016. Manufactured, modular and prefabricated home professionals know that how a home got to its location should not define a …
“Lyons does not want a mobile home park (sic),” said Carrie Davis-Gonzales, resident of the Foothills Manufactured Home Community in Lyons, CO. “I think it is because of the illusion that mobile homes decrease property value stigma. But when I moved here 20 years ago, it seemed like there were as …
Commercial real estate company NorthStar Realty Finance Corp (NYSE: NRF) recently received an average rating of “Hold” from a handful of analysts that are covering the firm, reports Baseball News Source’s James Conley. Among the six analysts, two rated NorthStar’s stock a “buy” and the four issued a “hold” recommendation. …
NorthStar Realty Finance’s target price and investor moves Read More
Noteworthy headlines on CNNMoney – FUBU CEO Stop and Frisked “Maybe 20 Times. U.S.: Wells Fargo Mistreated Military Members. WSJ Columnist Calls Trump “Unstable.” Why The Federal Reserve Isn’t Political. From WSJ: Ghost of Lehman Brothers Haunts Deutsche Bank. Some bullets from MarketWatch – ‘Housing party’ in the U.S. may be coming …
Houston County, MN commissioners chose to opt out of a recently enacted state law at their meeting on September 20th. Minnesota statute 394.307 (signed into law on May 12) “defines and regulates temporary family health care dwellings on residential property,” Houston County zoning administrator Aaron Lacher told the commissioners. According …
County Zoning Administrator Aaron Lacher Opting Out “Granny Pod” Law Read More
Home prices in the Vancouver, British Columbia (B.C.) metro are expensive. The average price for a detached home in the Fraser Valley, for example, is $900,000. A typical condominium can set you back $248,000. Compare that to the typical manufactured home in B.C., which sells for around $80,000. According to …
Plans to transform what the Boulder City Review called a “blighted mobile home park” (sic) into townhouses came before the city’s planning commission. The plan to transition the Boulder City Mobile Home Park into a townhome community were unanimously approved by the town’s commission on September 21st, with Chairman Jim …
Boulder City Planning Commission Approves Rezoning Of Mobile Home Park Read More
An already tumultuous relationship between Denver Meadows Mobile Home and RV Park owner Shawn Lustigman and the community’s residents has only gotten worse in recent weeks. “In two years, I’ll be homeless,” resident Petra Bennett told The Aurora Sentinel. “I need two tractor trailers to move it at $10,000; I …
Work started this month on a new clubhouse and community center for Sterling Estates, a manufactured home community in Adrian Michigan, 72 miles southwest of Detroit. “We had a need for this, so it’s good to see work on it finally begin,” said Sterling Estates owner, Germano Mularoni. “This was …
Manufactured Home Community grabs positive media via New Clubhouse Construction Read More
A full-blown battle over rent control is on in Humboldt County, CA, reports the Lost Coast Outpost’s Ryan Burns. The Humboldt Mobilehome Owner Coalition established a ballot measure, Measure V, that would regulate rent hikes on manufactured home land-lease sites. It aims to prevent a community’s owners from making what …
When retiree Lois Requist decided to downsize from her two-story condo to a manufactured home community in the San Francisco metro area, she was met with some resistance by friends and neighbors—some unfortunately threw the awful “T” word – “tr—lr trash” – at her. Despite the criticism, Requist is happy …
Noteworthy headlines on CNNMoney – Wells Fargo workers say fraud began years ago. PA Donald Trump win could tank stocks (ya think CNN is pro-Clinton? ;-). U.S. Companies consider relocating over Brexit. Some bullets from MarketWatch – Stocks retreat as Clinton-Trump debate looms. Gold edges higher as focus turns to debate. Deutsche …
This past week continues our theme of Superior September 2016 coverage of the news that matters for manufactured housing industry professionals, as well as all those interested in quality affordable housing and/or are engaged in the factory-built home industry. The articles below will include a variety of news and special …
The Oregonian and KATU News were among the area media covering the controversy surrounding Cal-Am Properties Heritage Village manufactured home community in Beaverton, OR. Congresswoman Suzanne Bonamici (D-OR1) sounded off on the matter. Some of the media there did not promptly report that Cal-Am President Cory Sukert responded to Bonamici’s letter …
Two sides of Protest, Controversy at Cal-Am’s Heritage Village, Beaverton, Oregon Read More
