Manufactured Homes

Proposed MH Community Near Calgary Defeated

Airdrie City View of Alberta, Canada, reports a proposed 2,000 homesite, adult manufactured home community nearly ten years in the planning has been voted down by the Rocky View County councilors after almost five hours of debate.  Initially approved by the councilors in 2002, the development was to include a …

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Drew Industries to Announce First Quarter Results

According to PRNewswire, Drew Industries (NYSE:DR) will release its first quarter financials May 2, 2011, before the stock market opens.  At 11:00 AM ET that morning, this manufacturer of doors, windows, chassis, and bath and shower components for the manufactured housing industry will host a conference call to discuss the …

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Getting MH Financing Remains Tough, Even for Quality Construction

The Muskogee Phoenix says borrowers in Muskogee County, Oklahoma, may have a harder time finding financing for a manufactured home than in nearby Wagoner County where the annual median income is higher by $20,000.  Chris Condley of First National Bank in Muskogee says for every ten lenders available for traditional-built …

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Champion Homes Signs Single Provider Deal with Whirlpool

Crain’s Detroit Business reports Champion Homes of Troy, Michigan, has inked a national business deal with Whirlpool Corporation (NYSE:WHR) of Benton Harbor, MI to outfit their manufactured and modular homes with the appliance producers home appliances.  Whirlpool signed a similar agreement with home stick-builder Pulte Group last year.  The appliance …

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Tulsa OK Trade Show Will Welcome Home Buyers April 29-May 1

The Daily Oklahoman reports the 2011 Great Southwest Home Show (GSWHS) in Tulsa, Oklahoma, begins Thursday, April 28, at 9 AM, open to the trade until 1 PM Friday.  At 3 PM Friday, April 29, the doors will swing open to the public for FREE, through Saturday and Sunday.  The …

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Board of Supervisors Denies Application for MH Community

From Virginia, the Daily News-Register says the Page County Board of Supervisors has rejected an application from Century Luray LC to develop a 232-homesite manufactured housing community in Luray, VA.  County attorney George Shanks said that the county code of 1989 did allow for manufactured housing communities in town, but …

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Irish Research Firm Now Includes MH in Industry Reports

BusinessWire reports that the Dublin-based Research and Markets firm has added manufactured housing (MH) to the list of industries included in its reports.  The article says the $3 billion MH industry comprises 200 companies, but is dominated by eight firms accounting for 60 percent of revenue.  Four of the largest …

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Housing Stock Prices Fluctuate Over One Year

The New York Times reports that the 52 week change in the price of stock for Nobility Homes was minus 12.50 percent.  That number for Skyline Corporation was minus 2.52 percent, but for Cavco it was plus 20.64 percent.  The 52-week percent change for Deer Valley was not available, but …

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Price Target on Shares of Sun Communities Raised

American Banking & Market News reports that Sun Communities, Inc. (NYSE: SUI), which owns and operates 124 manufactured housing communities in the United States, reported earnings per share (EPS) of .78 cents for the previous quarter.  This is .08 cents per share better than the same quarter in the previous …

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MH Community Being Planned for Oklahoma

The Durant Daily Democrat reports from Calera, Oklahoma, that David Strickland has purchased 25 acres in town and wants to develop a manufactured home community.  He brought his preliminary plans to a Calera Council meeting in this southeastern Oklahoma town and addressed concerns of citizens about how it would look. …

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New Residents Bring Enthusiasm to MH Community

The Chicago Tribune reports that the Four Seasons manufactured home community in Belvidere, Illinois, has not been the same since Beverly and Richard Roeschel moved there 11 years ago.  After retiring from their jobs a few years ago, they turned their attention to the community, which has a number of …

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County Supervisors Douse Sprinklers in MH

ChicoER reports the Board of Supervisors of Butte County, California, unanimously voted to not require manufactured housing to have fire sprinkler systems installed. Butte County Fire Chief George Morris said the systems are required under new state law to be installed in all new residences under the “state responsibility area.” …

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Skyline Corp. Sells More, Loses More

RVBusiness says for the first nine months of fiscal 2011, Skyline Corporation sales were $114,224,000, an increase over the $95,535,000 for the same period fiscal year (FY) 2010.  The company’s pre-tax loss for the first nine months of fiscal 2011 was $22,563,000, an increase over the pre-tax $17,789,000 loss in …

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Residents of MH Community Finally Become Owners

The Salt Lake Tribune reports that when residents of Parkhill Mobile Estates community discovered their landlord had sold the land to a developer to build condos, they banded together, and eventually became the Parkhill Homeowners Cooperative Association (PHCA).  The Salt Lake County Housing Authority (SLCHA) actually bought the land from …

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Supplier to MH Industry Trying to Recover

Zacks reports that Universal Forest Products, a Michigan supplier of wood and other building materials to the manufactured housing industry, lost .12 cents a share in the fourth quarter of 2010, as opposed to .03 cents a share loss for the same quarter of 2009.  The analysis suggests the loss …

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RV/MH Hall of Fame Devises Plan to Keep Rolling

Following up on a story from April 6 about returning the RV/MH Hall of Fame in Elkhart, Indiana, to solvency, RV Business reports several proposals are being considered to keep the doors open.  One of the plans involves condensing the vintage RVs into a smaller space, and allowing up to …

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Ohio Town May Ban Single-Section Manufactured Homes

The Wilmington News Journal (wnewsj) says elected officials in New Vienna, Ohio, are developing a zoning ordinance that would prevent single-section manufactured homes from being sited in town outside existing manufactured home communities.  Debate continues over the option of a multi-sectional home inside town limits, and pre-existing homes inside town …

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City Helping Rebuild Wildfire Ravaged MH Community

The Contra Costa Times reports the 2008 Sayre Fire that tore through the foothills around Los Angeles destroyed 600 residences at the Oakridge Mobile Home Park.  Coming on the heels of the housing crisis, only 20 percent of the residents have returned.  As an incentive to bring people back, the …

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MHARR Meets with Congressional Leaders, Express Concerns over Sagging Sales

According to the Manufactured Housing Association for Regulatory Reform (MHARR), the Housing and Urban Development (HUD) statistics show shipments of manufactured housing continued to fall through the first two months of this year by 15 percent over the same period 2010.  Production numbers in their report from 2009 to 2010 …

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Manufactured Home Draws Thousands at MN Home Show

The Duluth News Tribune in Minnesota reports the Arrowhead Home and Builder’s Show will feature a manufactured home brought into Pioneer Hall.  Contractors will finish off the drywall and painting of the home for the several thousand visitors who are expected to tour the house.  Craig Tobias, president of Bullyan …

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