Calling it the “best kept secret in America,” Sheri Koones understands the precision that goes into the manufacture of every factory-built home and especially appreciates the sustainability of its energy-saving features. The author of five books on prefabricated housing, she delineates between the pre-HUD Code homes and the manufactured and …
At its annual stockholders meeting Thursday, May 22, 2014, Patrick Industries, Inc. of Elkhart, Indiana said in a filing with the U. S. Securities and Exchange Commission (SEC) the following were named to the board of directors: Terrence D. Brennan, Joseph M. Cerulli, Todd M. Cleveland, John A. Forbes, Paul …
Patrick Industries Files Shareholder Selections with SEC Read More
Bean Station, Tennessee-based Norris Homes, a division of manufactured and modular housing industry giant Clayton Homes, recently named Atlantis Homes LLC of Delmar, Delaware as its Independent Retailer of the Year for 2013. Based in Smyrna, DE, Atlantis is family-owned and operated since 2001, and also has model home centers …
Atlantis Homes: Factory-built Housing Dealer of the Year Read More
According to a filing with the U. S. Securities and Exchange Commission (SEC), at the stockholders meeting of Drew Industries, Inc. held May 22, 2014, the following were chosen as the board of directors: Edward W. Rose, lll, Leigh J. Abrams, James F. Gero, Frederick B. Hegi, Jr., David A. …
New York State Senator Ken LaValle (R-Port Jefferson) is drafting new legislation so owners of manufactured homes in communities would have some protection from “unjustifiable rent increases,” according to timesreview.com. Legislation aimed at protecting owners of manufactured homes has passed seven of the last eight years in the Democrat-controlled assembly, …
Legislation Would Allow MHC Residents to Challenge Rent Increases Read More
The topic at the Camarillo (Calif.) City Council turned to rent control as requested by residents of the Lamplighter Mobile Home Park because of their grievances against the owner, Irvine-based Investment Property Group (IPG). Members of the 227 homesite community say the swimming pool area is not kept up and …
City Refuses Request to Adopt Rent Control in MHCs Read More
Updating a story MHProNews.com last posted Nov. 22, 2013 regarding Garden Homes Management’s eight-year effort to develop a 113-site affordable manufactured housing community (MHC) in Oxford, Connecticut, the Planning and Zoning Commission denied the application for a second time, according to voicesnews.com. The Inland Wetlands Commission has also turned down …
End of the Road for 8 Year Manufactured Home Community Proposal? Read More
The California Manufactured Housing Institute (CMHI) informs MHProNews.com 70 percent of manufactured home sales there are not starter homes but rather second homes or people downsizing to an aging in place residence. Increasingly, people are paying in cash, and, according to CMHI President Jess Maxcy, the trend towards the higher-end …
Manufactured Home Sales Rise 24 Percent in California Read More
Following a story we last posted May 16, 2014 regarding 24 affordable modular homes Bluffton, South Carolina will use to replace aging pre-HUD Code homes, the 2015 $19.64 million budget will need an added $100,000 as seed money towards that initiative, as proposed. According to thestate.com, Town Manager Anthony Barrett …
City Garnering Funds for Affordable Modular Housing Read More
Recalling a story MHProNews last posted Jan. 17, 2014 regarding the addition of kindergarten classes to Clayton-Bradley Academy on the grounds of the headquarters of Clayton Homes in Maryville, Tennessee, thedailytimes.com reports pre-school classes have been added, and applications are now being taken for the fall. Children must be four …
Clayton-Bradley Academy Growing Quicker than Expected Read More
The Manufactured and Modular Home Association of Minnesota (MMHA) reports that manufactured home lender and Green Tree Financial founder Larry Coss passed away May 18 after a two-year fight with cancer. He started Green Tree in 1975 and built it into one of the top lenders in the country, selling …
MHProNews.com has learned from RVBusiness.com that Lippert Components of Elkhart County, Indiana reports it now has the capability through its Howe, Indiana facility to offer custom chassis for manufactured homes as well as to build any steel storage rack, carrier, frame or trailer. Chuck Bell, LCI vice president of chassis …
Writing in thehill.com blog, Doug Ryan, director of Affordable Homeownership for Corporation for Enterprise Development (CFED), says the manufactured housing industry is trying to sabotage perfectly good Consumer Financial Protection Bureau (CFPB) regulations that protect buyers of MH from high-priced loans, through promoting its Preserving Access to Manufactured Housing Act …
For $5.9 million you can buy a manufactured home, the only man made structure on this 266-acre rural Arizona property that once had gold prospectors exiting the 25 miles of tunnels with nuggets as big as potatoes in the late 1800’s. The Octave Mine once supported the entire town of …
While tampabay.com writer Drew Harwell pounds owners of manufactured housing communities (MHCs) for taking advantage of people of limited means—”Mobile home parks charge homeowners every month to rent their square of dirt and concrete,” he says, which is not exactly complimentary of the residents either, because “they can’t afford to …
Writer Slams Manufactured Housing Communities but Residents Love Life Read More
Robert Calhoun bought Sunrise Mobile Home Park in Goose Creek, South Carolina in the 1970’s and expanded the home sites from 102 to 325, added a swimming pool and a gated section, and lost only three of the property’s 115 live Oak trees, as the area grew up around him. …
Factory-Built Homes Returning in Charleston, South Carolina Read More
On the CBS Sunday Morning show segment May 18, the commentator -Mark Straussman – interviews a man standing in a manufactured housing community (MHC) in Santa Fe, New Mexico, who refutes the stigma often attached to residents, saying, “That is totally unfair, these are really good people, hard-working people you would …
The four manufactured housing stocks with the highest revenue, as MHProNews.com has learned from benzinga.com, are Cavco Industries, Inc. (NASDAQ:CVCO) that had a trailing-twelve-month revenue of $510.96 million with an operating revenue of 5.75 percent. With a gross profit for the same period of $11.46 million, Skyline (NYSE:SKY) reports a …
Benzinga: Cavco, Deer Valley, Nobility and Skyline have Highest MH Revenue Read More
While the Bon Ayre manufactured home community in Smyrna, Delaware advertised residents were not liable to pay real estate taxes, the community sent out invoices December 2013 billing them for taxes from 2006, up to $291 each, MHProNews.com has learned. After receiving complaints from residents, the attorney general’s Consumer Protection …
Manufactured Home Community Ordered to Make Restitution Read More
According to marketwatch.com, Cavco Industries, Inc. will release its financials for Q4 of its fiscal year 2014 on Thurs., May 22 after the close of the market. Discussion of the results by senior management will take place in a live webcast the next day, Fri., May 23 at 12:00 PM …
