From currentargus.com MHProNews has learned the oil and gas boom has hit Carlsbad, New Mexico, and with every apartment and motel room in town filled, people are sleeping on floors and living in backyard tents. In October 2013 the city approved temporary housing ordinances, and since then 100 travel trailer …
New Mexico City Approving Temporary Housing Permits Read More
A new TV series called Tiny House Nation on channel fyi,tv. (part of A&E Networks) premiered July 9, touting the benefits of homes under 500 square feet. From a caboose car turned into a home in Montana, to a micro-apartment in New York City, the hosts travel cross country searching …
Although the tornadoes that hit the Platteville, Wisconsin area June 16, 2014 were not damaging enough to prompt a federal disaster declaration, which would bring in the Federal Emergency Management Agency (FEMA), the damage from those tornadoes, the June 29 tornado and damaging winds June 29-30 are sufficient to qualify …
Organization will Fund Repair of Manufactured Homes Read More
The race for Delaware’s House of Representatives District 37 is pitting incumbent Republican Ruth Briggs King against manufactured housing community (MHC) resident and Democratic challenger Paulette Rappa in the Nov. election. King was first elected to the House in 2009, served on several legislative committees and is the Executive Director …
Manufactured Home Communities at Issue in Delaware Election Read More
Following a story MHProNews posted Feb. 28, 2014 about the closing of Spruces Mobile Home Park in Williamstown, Massachusetts due to persistent flooding, a Federal Emergency Management Agency (FEMA) grant that triggered the closing will help provide the building of replacement housing with eight of the 14 households tagged for …
Manufactured Housing Community Closing Spurs Affordable Housing Project Read More
The RV/MH Hall of Fame Selection Committee announces it is accepting nominations for the Class of 2015. “The Hall welcomes nominations from all RV and manufactured housing sectors — manufacturers, dealers, campgrounds, housing communities, suppliers, user groups, trade media, associations, etc.,” says Darryl Searer, president of the Hall of Fame. …
MHProNews has learned from insurancejournal.com Charleston, South Carolina-based insurer Johnson & Johnson has named Cathy Parmley vice president of operations in charge of the company’s internal work flows and allocation of resources for commercial and personal lines. With 20 years of experience at the company, she mostly recently served as …
Killam Properties, Inc. (TSX:KMP) of Halifax, Nova Scotia, Canada will release its financial results for Q2 2014 on Wed., Aug. 6, 2014 after the close of the market. A conference call discussion of the results will follow on Thurs., Aug. 7, 2014 at 10:00 AM, according to wsj.com. Killam is …
The Virginia Manufactured and Modular Housing Association (VAMMHA) tells MHProNews a new law that took effect July 1 alters the process for converting manufactured homes (MH) to real property, and also allows homes to be retitled once they have been severed from real property. Conversion requires surrendering the title to …
Virginia has New Laws Re: Converting MH to Real Property Read More
Volunteers in Clinton Township, Michigan, just north of Detroit constructed a ramp to the manufactured home of Christian Falk so her 39 year-old amputee/stroke victim son could exit the home in his wheelchair, as told to MHProNews by macombdaily.com. Clinton Township Fire Chief John Shea, who initiated the project after …
Wheelchair Ramp Built for Manufactured Home by Volunteers Read More
In February, 2014 after occupancy at the 55+ Capital Estates manufactured housing community (MHC) in Sacramento, California dropped to 70 percent, the owners decided to convert the community into an all-age MHC, much to the dismay of current residents, as sacbee.com informs MHProNews. Community owners can legally drop the the …
Sacramento Senior MHC Converting to All Age Community Read More
According to digitaljournal.com, Clayton Home Center Consultant Doug “Sarge” Linebaugh assisted a fellow disabled veteran, Luis Alvarez, in purchasing a manufactured home. “Right away, I hit it off with Luis and Maria,” Linebaugh said. “We were able to connect on a personal level, since I am also a disabled veteran.” …
Manufactured Home Focal Point for Disabled Veterans Read More
According to nasdaq.com, with a Relative Strength Index (RSI) of 70.36, UMH Properties, Inc. is now in overbought territory. The RSI is a gauge used by technically-focused investors, where any number above 70 indicates an asset has been overbought. It compares the average of gains in days that closed up …
The National Association of Home Builders (NAHB) announces Steve Bomberger has been elected chairman of the NAHB 50+ Housing Council, succeeding Robert Karen, for a one-year term. President of Benchmark Builders, Inc. of Wilmington, Delaware, he has been awarded the Builder of the Year by the Home Builder Association/Delaware (HBA/DE) …
Touting the benefits of senior living manufactured home communities (MHCs), deseretnews.com reports manufactured homes, at $40,000-$45,000, are available to fit a retiree’s budget and offer style, function and space as well as tax-deductible interest on mortgage or lease payments, much like a site-built home. Most communities have recreational activities and …
Retirement Manufactured Home Communities Gaining in Popularity Read More
An article written by Allan Wallis about manufactured housing in 1984 continues to be relevant today, although the definitions in Drawn Quarters do not always resonate with governmental and regulatory agencies. He cites the four distinct periods of the industry, and their proper names: 1928-1940 travel trailer 1941-1954 house trailer …
According to etfdailynews.com, Jeffrey Gundlach, CEO of DoubleLine Capital, said at the Sohn Investment Conference, “Single-family housing is overrated. Renting is more appealing across all age groups, all parts of the U.S., city, suburb, small town and rural.” Investor Bill Miller of Legg Mason disagreed, saying housing affordability and low …
Sam Zell: With Home Sales Skittish, Multifamily Rental is Good Investment Read More
MHProNews has learned from the Manufactured Housing Association for Regulatory Reform (MHARR) that statistics obtained from the U. S. Department of Housing and Urban Development (HUD) reveal manufactured housing production grew to 5,733 HUD Code homes in May, a two percent increase over the 5,622 produced in May of 2013. …
BMO Capital Markets’ Senior Analyst Paul Adornato says the housing bubble has made mortgages tougher to get, leading people to manufactured housing (MH), and since manufactured home community owner Sun Communities, Inc. is poised to take advantage of the situation, their stock has been bumped up to an outperform rating, …
Housing Bubble Drawing People back to Manufactured Housing Read More
Patio Garden Mobile Home Community, a 90-site, senior manufactured home community (MHC) in Mesa, Ariz., was sold by Marcus & Millichap (NYSE:MMI) for $4.5 million, according to sddt.com. The transaction was part of a 1031 exchange for a San Diego apartment portfolio, MHProNews has learned. Douglas Danny, of M&M’s National …
