RVPro reports Cavco Industries, Inc. will be featured on the Science Channel’s “How it’s Made” Dec. 13 at 9 PM EST. Focusing on factory-made housing, the model displayed will have solar panels on the roof, prototype backup propane generator, recycled lumber composite decking, on-demand water heating, as well as an …
DoverPost reports First State Manufactured Housing Association members donated over $1000 to help restock food pantries in Kent and Sussex Counties, Delaware, much as they did last year as MHProNews reported it Dec. 8, 2011. $1000 went to food banks around Sussex County and $500 to pantries in Kent County. …
Effective Dec. 1, 2012, MHProNews has learned the Manufactured Housing Association for Regulatory Reform (MHARR) has moved its offices to Suite 512, 1331 Pennsylvania Ave. N.W., Washington, D.C. 20004. Contact information for the organization remains the same. Telephone: (202) 783 4087; Fascimile: (202) 783 4075; Email: mharrdg@aol.com (Image credit: Manufactured …
As we reported here Sept. 5, 2012, residents of Hilltop Mobile Home Park in College Township, Penn. received notices the community was closing and they have to move by the end of February, 2013. CentreDaily reports a dozen people spoke at a College Township meeting in favor of keeping the …
GuruFocus reports Drew Industries, Inc. (DW) President and CEO Fredric Zinn sold 15,3000 shares of Drew at an average price of $32.45 on Dec. 3, 2012. He still owns 82,078 shares following the sale. The value of the stock fell by 1.36 percent since. Jason Lippert, CEO of Drew subsidiary …
NJToday tells MHProNews an Assembly committee in the New Jersey legislature approved fire safety legislation that would require all new single and two-family homes to have a fire suppression system that conforms to the State Uniform Construction Code. Under the “New Home Fire Safety Act” a certificate of occupancy would …
Manufactured Housing Dodges Fire Suppression System Read More
In the most recent MH commentary focused on the devastation Hurricane Sandy left behind in New Jersey, specifically, the 122,000 structures damaged or destroyed, Gov. Chris Christie has recently approved a long range five-prong solution to the housing problem. In addition to rehabbing and repairing existing structures and maximizing rental …
Yahoo!Finance reports Nobility Homes, Inc. of Ocala, Fla., in announcing financials for the third quarter ending Aug. 6, 2011, says net sales were $2,881,572 as compared to $4,351,040 for the same period in 2010. Loss from operations in the quarter was $929,145 as opposed to a loss of $2,963 for …
Forbes reports one way to measure the level of fear in a stock is the Relative Strength Indicator (RSI), a technical analysis indicator which measures momentum on a scale of 0 to 100, and anything below 30 translates into a stock being oversold. Tuesday’s trading on the Toronto Stock Exchange …
International Business Times reports UMH Properties, Inc. (NYSE:UMH) has acquired 141 site Twin Oaks MHC in northern Ohio outside Cleveland for $4,350,000. Based in Freehold, NJ, UMH now owns 56 manufactured home communities comprised of over 10,500 developed homesites in six states east of the Mississippi. President Samuel A. Landy …
The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews according to HUD and Census Bureau data, the shipment of manufactured homes for Oct. 2012 dropped five percent from Oct. 2011, 5,418 down to 5,127, but rose by 734 homes over Sept. 2012. Cumulative production for 2012 of 47,036 is …
The SussexCountian reports from southern Delaware State Rep. Ruth Briggs King will sponsor a town hall meeting Dec. 12 in Millsboro, DE along with Deputy Attorney General Greg Strong, who heads of the state’s consumer protection division. Issues to be discussed include the workings of the Rental Assistance Program, the …
MHProNews has been informed the RV/MH Hall of Fame in Elkhart, Ind. will officially open its rental venue, the Northern Indiana Event Center (NIEC), on Thurs., Dec. 18. Local dignitaries, including Greater Elkhart Chamber of Commerce President Phil Penn, will assist in the ribbon-cutting. A light reception will follow the …
MHProNews has learned from HK&C attorney Robert Coldren that the Huntington Beach (CA) City Council has tentatively approved the subdivision map application for Pacific Mobile Home Park to become a resident-owned community. A recent ruling from the state supreme court requires communities in coastal zones be subject to the Mello …
ApplianceMagazine reports Whirlpool Corp. has inked a single-source supplier agreement with Clayton Homes, Inc. of Maryville, Tenn. Beginning Jan. 1, 2013, Clayton’s customers will be able to choose from a variety of Whirlpool’s kitchen appliances. A subsidiary of Warren Buffett’s Berkshire Hathaway, Clayton is the largest producer of manufactured and …
Bloomberg reports Marilyn Cotterman of Brownsburg, Ind. put $40,000 in a self-directed IRA that allowed her to invest in manufactured housing, earning a multiple of the original investment in three years. As a Roth Ira, gains and income accrue tax free providing you do not benefit in any financial way …
As follow-up to a story Nov. 26, 2012 in which Staten Island (NY) Borough President James Molinaro said he would not accept “colonies of trailers” to house those displaced by Hurricane Sandy, a SRO crowd in a high school gym of survivors now in their fifth week of homelessness voiced …
The Province in Vancouver, British Columbia, Canada says the last of four seniors at Abbotsford’s Garden Village MHC, which once was home to 101 residents will be moving before the official closure of the community Jan. 15. While provincial law requires owners to give residents 12 months written notice plus …
The Cape Coral Daily Breeze tells MHProNews sales of manufactured homes and homesites have begun early in North Fort Myers, Fla. Margaret Black of Horizon Village Co-op, Inc. says this summer was the busiest she’s ever seen at Horizon, a resident-owned 55+ community of half shareholders and half renters. “Our …
MHProNews has been informed by attorney Robert Coldren about a 6-1 decision handed down by the California Supreme Court Nov. 28, 2012. The court held that an MHC being converted to resident ownership within the Coastal Zone (defined as within 1,000 yards from the mean high tide line) is considered …
