MHPronews.com has reported several times about the North Dakota oil boom that is drawing thousands seeking well-paying jobs, spiking the demand for ASAP housing. “Man camps”, modular dormitories for mostly male oil field workers have sprung up around Williston, ND. Some people are sleeping in cars, tents, and RVs. The …
The TCTimes from Fenton, Michigan, just northwest of Detroit, tells MHProNews a resident of Tryone Township is upset that residents pay $150 a year for fire department services, while Sun Communities and another MHC each pay $250 annually for the same services for the entire communities. Scott Dietrich estimates there …
MHProNews.com has learned that Clayton Homes founder Jim Clayton has chosen Alabama banker Eric Hamilton as president and CEO of Clayton Bank and Trust of Knoxville, Tennessee. Clayton, 77, stepped back into the role after Matt Daniels left in 2007, and had hoped to fill the position the following year, …
Following a story we reported here Dec. 13 regarding Alabama’s new immigration law, in light of a Federal judge’s injunction against enforcing certain provisions of the law, the Alabama Department of Revenue has altered its interpretation of HB 56, according to TheWetumpkaHerald. Section 30 prohibits illegal immigrants from conducting any …
Following up on a story from July 22, 2011, MHProNews.com has learned from the Journal-Topics of northwest Chicago, Glenview’s Sunset Village land lease community may be sold at auction following the Federal court’s denial of bankruptcy protection for the owners. Owned by Sunset Village Limited Partnership (SVLP), of which Richard …
MHProNews.com has learned from BloombergNews that October 2011 shipments of manufactured housing rose to a seasonally-adjusted rate of 62,000, up from 55,000 homes shipped in September, according to U.S. Census Bureau figures. This figure is well above the recent six month average of 51,000 homes. Placements fell on a seasonally-adjusted …
SeekingAlpha tells MHProNews.com the backbone of Warren Buffett’s Berkshire Hathaway investment strategy is the float from his insurance and reinsurance businesses, most notably GEICO and commercial insurance, including malpractice and workmen’s compensation. The float refers to premiums paid, like life insurance, that may take decades before the payout. At year’s …
MHProNews.com has learned that a cherry orchard in Gilroy, California, just south of the Bay Area, may see 349 manufactured homes sited among the cherry trees. According to the GilroyDispatch, the development will be aimed at active older adults and will help Gilroy meet its state affordable housing goals. CW …
Following the floods last Spring that destroyed many Minot, North Dakota, homes, the Federal Emergency Management Agency (FEMA) brought in manufactured housing for hundreds of residents. Although the winter so far has been mild, residents say their heating bills are two and three times more than in their original homes, …
From Oregon comes another story about a fire in a manufactured home. While stories about home fires are common, few specify the construction method for stick-built or modular homes, but make the exception for manufactured or mobile homes. From Ontario, Oregon, The Argus reports that a Friday evening fire in a …
From Virginia and the Tidewater News, MHProNews.com finds a tale about housing woes there. One builder quoted in the article says he went an entire year without a housing start. The article confirms, Southampton County experienced a 15-year low for new-home starts in 2011. To date 2011 had just 39 …
From Port Stephens, Australia and the Port Stephens Examiner, MHProNews.com has learned that the community of Anna Bay is set to have a 229 long-term site caravan park for manufactured homes. Local leaders recently approved the project, despite a staff recommendation to refuse it. In the first phase the community …
From Oregon and the North Coast Citizen, a letter to the editor shares the pain of Jeff Schlip Nehalem whose son had to find close to $1,500 to pay a tax levied by the school district there in order to place a manufactured home in the district. “Recently my son, …
An October 30, 1981 article published by Knight-Ridder which came up on a Google search today says boldly that Manufactured Housing may be the only way consumers can afford the American Dream. The reason: sky-high interest rates. The article professes that “if builder’s can lower construction costs by 50 percent, …
A report from Fort St. John in British Columbia published by Energetic City tells of a Christmas morning fire in what the paper calls a modular home, then later a mobile home. The home was located at the Peace Country Mobile Home Park in Fort St. John. The article says …
Article About Christmas Fire Doesn’t Tell the Whole Story Read More
Of the top three companies with the highest dividend yield in the residential REIT (real estate investment trust) industry, the first and second rank are MHC owners. FinancialNewsNetwork tells MHProNews.com UMH Properties, Inc., is highest with a yield of 7.9 percent, followed closely by Sun Communities, Inc., with a dividend …
GoshenNews reports from Goshen, Indiana, that employees of Lippert Components, Inc., donated gifts valued at more than $5,000 to members of the Boys and Girls Club of Goshen who otherwise would not have a Christmas. Food was provided to many families during the holidays, and 175 gift bags were distributed …
Employees of MH Component Manufacturer Help the Needy Read More
RVTimes tells MHProNews.com the RV/MH Hall of Fame Museum in Elkhart, Indiana, has managed to keep its doors open despite a debt of nearly $5 million as of last April when Tom McNulty took the reins as executive director. He says, “There are some good things happening and actually our …
The Mount Vernon, Illinois, Zoning and Planning Commission is considering an ordinance change that restricts manufactured housing to communities, instead of conditional permit zoning. The Register-News tells MHProNews.com that Mt. Vernon City Councilman David Wood says, “We’re trying to get away from spot zoning,” Wood said. “The way the ordinance …
MHProNews.com has learned from the LosAngelesTimes the owners of the Village Trailer Park in Santa Monica want to develop the 109 home site land lease community (LLC) into a 400,000 square-foot mixed-use retail, residential, and office complex. The four acre community was saved from extinction in 2007, but the owners …
